The portfolio maintains a sizable cost advantage over competitors, priced within the second-lowest fee quintile among peers.
Payden Floating Rate Investor PYFRX
- NAV / 1-Day Return 9.81 / 0.00
- Total Assets 116.4 Mil
-
Adj. Expense Ratio
- Expense Ratio 0.710%
- Distribution Fee Level Below Average
- Share Class Type Institutional
- Category Bank Loan
- Credit Quality / Interest Rate Sensitivity Low/Limited
- Min. Initial Investment 100,000
- Status Open
- TTM Yield 8.61%
- Effective Duration 0.28 years
USD | NAV as of Apr 19, 2024 | 1-Day Return as of Apr 19, 2024, 12:21 AM GMT+0
Morningstar’s Analysis PYFRX
Will PYFRX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- 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 |