Morningstar

Payden High Income PYHRX

Morningstar Medalist Rating
Medalist Rating as of | See Payden Investment Hub
  • NAV / 1-Day Return 6.40  /  −0.16 %
  • Total Assets 858.5 Mil
  • Adj. Expense Ratio
    0.600%
  • Expense Ratio 0.600%
  • Distribution Fee Level Below Average
  • Share Class Type Institutional
  • Category High Yield Bond
  • Credit Quality / Interest Rate Sensitivity Low/Limited
  • Min. Initial Investment 100,000
  • Status Open
  • TTM Yield 6.90%
  • Effective Duration 3.38 years

USD | NAV as of Oct 05, 2024 | 1-Day Return as of Oct 05, 2024, 12:57 AM GMT+0

Morningstar’s Analysis PYHRX

Will PYHRX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PYHRX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the PYHRX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of PYHRX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A sound investment process and strong management team underpin Payden High Income's Morningstar Medalist Rating of Bronze.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a sizable cost advantage over competitors, priced within the second-lowest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings PYHRX

More PYHRX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 9.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Payden Cash Reserves Money Market

6.40 53.2 Mil
Cash and Equivalents

10 Year Treasury Note Future Dec 24

3.91 32.5 Mil
Government

Us Dollar

3.02 25.1 Mil
Cash and Equivalents

Usd/Eur Fwd 20240926 00189

1.91 15.9 Mil
Derivative

Other- Interest Receivable

1.32 10.9 Mil
Cash and Equivalents

Moss Creek Resources Holdings Inc 8.25%

0.78 6.5 Mil
Corporate

California Resources Corporation 8.25%

0.66 5.5 Mil
Corporate

Gran Tierra Energy Inc 9.5%

0.63 5.2 Mil
Corporate

Prime Healthcare Services Inc 9.375%

0.61 5.1 Mil
Corporate

Usd/Cad Fwd 20240926 00908

0.59 4.9 Mil
Derivative

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