Morningstar

Payden Corporate Bond Fund Adviser PYAYX

Morningstar Medalist Rating
Medalist Rating as of | See Payden Investment Hub
  • NAV / 1-Day Return 9.77  /  −0.20 %
  • Total Assets 389.0M
  • Adj. Expense Ratio
    0.910%
  • Expense Ratio 0.830%
  • Distribution Fee Level High
  • Share Class Type No Load
  • Category Corporate Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Min. Initial Investment 5,000
  • Status Open
  • TTM Yield 4.36%
  • Effective Duration 6.99 years

USD | NAV as of Jul 11, 2026 | 1-Day Return as of Jul 11, 2026, 12:38 AM GMT+0

Morningstar’s Analysis PYAYX

Will PYAYX outperform in the 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 PYAYX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

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

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Payden Corporate Bond Adviser holds a quantitatively derived Neutral Morningstar Medalist Rating. The rating suggests the model does not express a clear expectation of outperformance or underperformance relative to peers over a full market cycle.

by Morningstar Automated Analysis
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Portfolio Holdings PYAYX

More PYAYX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 19.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

2 Year Treasury Note Future Sept 26

5.66 22M
Government

US Treasury Bond Future Sept 26

3.95 15M
Government

5 Year Treasury Note Future Sept 26

3.85 15M
Government

10 Year Treasury Note Future Sept 26

2.49 10M
Government

Payden Emerging Markets Corp Bd SI

1.34 5M
—

Other- Interest Receivable

1.17 5M
Cash and Equivalents

Payden Cash Reserves Money Market

1.04 4M
Cash and Equivalents

Nissan Motor Co Ltd. 4.345%

0.83 3M
Corporate

Ares Capital Corp. 5.95%

0.67 3M
Corporate

Vb-S1 Issuer Llc 2016-1 4.288%

0.60 2M
Securitized

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