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Morningstar

Payden Managed Income SI PKBIX

Morningstar Medalist Rating
Medalist Rating as of | See Payden Investment Hub
  • NAV / 1-Day Return 10.28  /  0.00
  • Total Assets 108.5 Mil
  • Adj. Expense Ratio
    0.950%
  • Expense Ratio 0.950%
  • Distribution Fee Level High
  • Share Class Type Institutional
  • Category Multisector Bond
  • Credit Quality / Interest Rate Sensitivity Medium / Limited
  • Min. Initial Investment 25,000
  • Status Open
  • TTM Yield 1.87%
  • Effective Duration 2.99 years

USD | NAV as of Sep 23, 2023 | 1-Day Return as of Sep 23, 2023, 12:14 AM GMT+0

Morningstar’s Analysis PKBIX

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

People Pillar

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

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

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-costliest quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings PKBIX

More PKBIX Holdings
  • Current Portfolio Date
  • Equity Holdings 2
  • Bond Holdings 307
  • Other Holdings 81
  • % Assets in Top 10 Holdings 19.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

US 5 Year Note (CBT) Sept13

16.75
17,415,531
Government

US 2 Year Note (CBT) Sept13

8.98
9,344,109
Government

Usd/Eur Fwd 20230920 00908

4.36
4,539,594
Derivative

United States Treasury Bills 4.95299%

2.87
2,981,555
Government

Secretaria Tesouro Nacional

2.33
2,420,827
Government

Usd/Brl Fwd 20230927 00908

2.29
2,379,478
Derivative

United States Treasury Bills 4.90941%

2.27
2,365,878
Government

Brl/Usd Fwd 20230710 00908

2.27
2,365,742
Derivative

Usd/Brl Fwd 20230710 00908

2.12
2,201,517
Derivative

United States Treasury Bills 5.06212%

1.80
1,868,988
Government