Morningstar

Payden California Municipal Social Impact Fund Adviser PYCLX

Morningstar Medalist Rating
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Medalist Rating as of See Payden Investment Hub
  • NAV / 1-Day Return $9.61  /  +0.10 %
  • Fund Size $282.3M
  • Adjusted Expense Ratio 0.700%
  • Net Expense Ratio 0.700%
  • Fee Level: Distribution High
  • Share Class Type No Load
  • Morningstar Category Muni California Intermediate
  • Fixed-Income Style Box (Funds) High/Moderate
  • Minimum Initial Investment $5,000
  • Investment Status Open
  • TTM Yield 3.32%
  • Average Effective Duration 6.27 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis PYCLX

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

  • People Pillar

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

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Payden California Municipal Scl Imp Adv holds a quantitatively derived Silver Morningstar Medalist Rating. The rating reflects that it has scored well on factors Morningstar research associates with future outperformance relative to category peers.

by Morningstar Automated Analysis
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Portfolio Holdings PYCLX

More PYCLX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 6.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Ultra 10 Year US Treasury Note Future Dec 26

6.83 22M
Government

5 Year Treasury Note Future Dec 26

4.92 16M
Government

Us Dollar

4.36 14M
Cash and Equivalents

Payden Cash Reserves Money Market

2.73 9M
Cash and Equivalents

CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5%

2.07 7M
municipal

LOS ANGELES CNTY CALIF PUB WKS FING AUTH LEASE REV 5%

1.81 6M
municipal

SAN DIEGO CALIF HSG AUTH MULTIFAMILY HSG REV 4.2%

1.76 6M
municipal

CALIFORNIA ST 5%

1.54 5M
municipal

SACRAMENTO CALIF AREA FLOOD CTL AGY 5%

1.49 5M
municipal

CENTRAL VY ENERGY AUTH CALIF COMMODITY SUPPLY REV 5%

1.40 5M
municipal

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