Payden GNMA PYGNX

Can anyone explain the leverage shown for Payden GNMA in the following link? Morningstar - PYGNX - Portfolio Information In particular, note the Green and Orange bars in the chart showing a negative cash position and a bond …

… 64 that isn't always possible! My holdings are as follow. PFF,HSTRX,MAPIX,VWINX,PRSNX,JABAX,JNBAX,PRPFX, PYGNX ,MWTRX,PAUDX. The only one that has made money in November and so far in December is PRPFX. There's nothing you can do …

… 29% PAUDX - 9.32% JNBAX - 8.76% HSTRX - 8.75% PRPFX - 8.66% MWTRX - 8.52% JABAX - 8.38% PFF - 8.04% PYGNX - 6.81% MAPIX - 6.29% The 9 boxes for stocks are as follow: 31 22 20 10 5 5 2 1 1 The 9 boxes for bonds are as follow …

… 22% PRSNX 10.28% PAUDX 9.36% HSTRX 8.76% PRPFX 8.65% MWTRX 8.53% JABAX 8.32% PFF 8.00% GRSPX 6.91% PYGNX 6.64% MAPIX 6.31% PCY 2.02% I'm that 64 year old conservative nervous nelly who has tried to learn something from …

… Oakmark Equity & Income OAKBX 6 . 14 % T Rowe Price Summit GNMA PRSUX 10 . 44 % PIMCO Total Return D PTTDX 8 . 89 % Payden GNMA PYGNX 6 . 80 % Vanguard Wellington VWELX 7 . 02 % Vanguard Wellesley VWINX 9 . 10 % Altria Group Inc - MO - . 62 % Any …

I am 64 years old and will probably retire at age 66.  What do you think of my current investment allocation? Berwyn Income BERIX 18.92% Manning & Napier Conservative EXDAX 17.16% Greenspring GRSPX 6.80% Janus Balanced JABAX 8.10% Oakmark Equity & Income OAKBX 6.14% T Rowe Price Summit GNMA PRSUX 10.44% PIMCO Total Return D PTTDX 8.89% Payden GNMA PYGNX 6.80% Vanguard Wellington VWELX 7.02% Vanguard Wellesley VWINX 9.10% Altria Group Inc - MO - .62% Any comments and/or suggestions would be appreciated. Steve

I hold PRSUX (Summit GNMA) as 10% of my total investment portfolio and am wondering if I should exchange it for PRSNX (Strategic Income Fund).  I also own the Payden GNMA fund which is another 9-10% of my total.  My total breakdown is approximately 60% bonds 30% stocks and 10% cash.  I am 64 years ...