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Morningstar

Payden High Income SI PYCHX

Morningstar Medalist Rating
Medalist Rating as of | See Payden Investment Hub
  • NAV / 1-Day Return 6.27  /  −0.16 %
  • Total Assets 730.0 Mil
  • Adj. Expense Ratio
    0.560%
  • Expense Ratio 0.560%
  • Distribution Fee Level Low
  • Share Class Type Institutional
  • Category High Yield Bond
  • Credit Quality / Interest Rate Sensitivity Low/Limited
  • Min. Initial Investment 10.0 Mil
  • Status Open
  • TTM Yield 6.99%
  • Effective Duration 3.29 years

USD | NAV as of May 18, 2024 | 1-Day Return as of May 18, 2024, 12:47 AM GMT+0

Morningstar’s Analysis PYCHX

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

  • People Pillar

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

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

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a cost advantage over competitors, priced within the least expensive fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings PYCHX

More PYCHX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 6.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Payden Cash Reserves Money Market

3.98 25.2 Mil
Cash and Equivalents

Usd/Eur Fwd 20240318 00908

2.49 15.8 Mil
Derivative

Other- Interest Receivable

1.18 7.4 Mil
Cash and Equivalents

CONNECTICUT AVENUE SECURITIES TRUST 14.69%

0.70 4.4 Mil
Securitized

Altice France S.A 5.13%

0.69 4.4 Mil
Corporate

IHO Verwaltungs GmbH 3.75%

0.67 4.2 Mil
Corporate

Verde Purchaser LLC 10.5%

0.66 4.2 Mil
Corporate

Wynn Resorts Finance Llc / Wynn Resorts Capital Corp 7.13%

0.65 4.1 Mil
Corporate

Bond- Unsettled Sales

0.64 4.1 Mil
Cash and Equivalents

Mic Glen Llc Term Loan

0.64 4.0 Mil
Corporate