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Morningstar

Payden Floating Rate SI PYFIX

Morningstar Medalist Rating
Medalist Rating as of | See Payden Investment Hub
  • NAV / 1-Day Return 9.85  /  0.00
  • Total Assets 116.6 Mil
  • Adj. Expense Ratio
    0.610%
  • Expense Ratio 0.610%
  • Distribution Fee Level Low
  • Share Class Type Institutional
  • Category Bank Loan
  • Credit Quality / Interest Rate Sensitivity Low/Limited
  • Min. Initial Investment 10.0 Mil
  • Status Open
  • TTM Yield 8.71%
  • Effective Duration 0.28 years

USD | NAV as of Apr 26, 2024 | 1-Day Return as of Apr 26, 2024, 12:13 AM GMT+0

Morningstar’s Analysis PYFIX

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

  • People Pillar

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

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

null Morningstar Manager Research

Morningstar Manager Research

Summary

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

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings PYFIX

More PYFIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 12.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Payden Cash Reserves Money Market

3.53 4.1 Mil
Cash and Equivalents

Fertitta Entertainment L Term Loan B

1.32 1.5 Mil
Corporate

Abg Intermediate Hldgs 2 Term Loan B1

1.28 1.5 Mil
Corporate

Scientific Games Holdin Term Loan B

1.27 1.5 Mil
Corporate

Albion Financing 3 Sarl Term Loan B

1.27 1.5 Mil
Corporate

Flynn Restaurant Group Term Loan B

1.27 1.5 Mil
Corporate

Sotera Health Hldgs Llc Term Loan

1.27 1.5 Mil
Corporate

Driven Holdings Llc Term Loan B

1.25 1.4 Mil
Corporate

Bond- Unsettled Sales

1.21 1.4 Mil
Cash and Equivalents

Banijay Group Us Holding Term Loan B

1.18 1.4 Mil
Corporate