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Morningstar

Payden Floating Rate Adv PYBLX

Morningstar Medalist Rating
Medalist Rating as of | See Payden Investment Hub
  • NAV / 1-Day Return 9.80  /  0.00
  • Total Assets 123.9 Mil
  • Adj. Expense Ratio
    0.960%
  • Expense Ratio 0.960%
  • Distribution Fee Level Above Average
  • Share Class Type No Load
  • Category Bank Loan
  • Credit Quality / Interest Rate Sensitivity Low/Limited
  • Min. Initial Investment 5,000
  • Status Open
  • TTM Yield —
  • Effective Duration 0.28 years

USD | NAV as of Jun 05, 2024 | 1-Day Return as of Jun 05, 2024, 12:47 AM GMT+0

Morningstar’s Analysis PYBLX

Will PYBLX 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 PYBLX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the PYBLX 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 PYBLX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A sound investment process and strong management team underpin Payden Floating Rate Adv's Morningstar Medalist Rating of Bronze.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings PYBLX

More PYBLX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 12.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Payden Cash Reserves Money Market

3.53 4.1 Mil
Cash and Equivalents

Fertitta Entertainment L Term Loan B

1.32 1.5 Mil
Corporate

Abg Intermediate Hldgs 2 Term Loan B1

1.28 1.5 Mil
Corporate

Scientific Games Holdin Term Loan B

1.27 1.5 Mil
Corporate

Albion Financing 3 Sarl Term Loan B

1.27 1.5 Mil
Corporate

Flynn Restaurant Group Term Loan B

1.27 1.5 Mil
Corporate

Sotera Health Hldgs Llc Term Loan

1.27 1.5 Mil
Corporate

Driven Holdings Llc Term Loan B

1.25 1.4 Mil
Corporate

Bond- Unsettled Sales

1.21 1.4 Mil
Cash and Equivalents

Banijay Group Us Holding Term Loan B

1.18 1.4 Mil
Corporate