PKBIX – Payden Managed Income SI Investment Strategy | Morningstar

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Strategy

The investment seeks income and total return consistent with preservation of capital. The fund invests in a wide variety of debt instruments and income-producing securities. It invests in both investment grade debt securities and securities rated below investment grade. The fund may invest up to 40% of its total assets in securities issued by governments, agencies and instrumentalities of emerging market countries, and other issuers organized or headquartered in emerging market countries.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
PKCBX	Payden Managed Income Fund Advisor Class	No Load	Open			Sep 22, 2008	$8.65M	0.920%	Above Average	$25,000	−$1.18M
PKBIX	Payden Managed Income Fund SI Class	Institutional	Open			Sep 22, 2008	$80.03M	0.670%	Average	$25,000	−$748,312.81
PKCIX	Payden Managed Income Fund Institutional Class	Institutional	Open			Jun 1, 2016	$13.41M	0.670%	Average	$5M	$8.54M
PKCRX	Payden Managed Income Fund Retirement Class	Retirement, Medium	Open			Apr 6, 2009	$20.37M	1.170%	Average	$25,000	−$17.72M

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