PYLBX – Payden Limited Maturity Adviser Investment Strategy | Morningstar

Morningstar

Strategy

The investment seeks a total return that, over time, is greater than returns of money market funds and is consistent with preservation of capital. The fund invests in a wide variety of debt instruments and income-producing securities payable primarily in U.S. dollars. It invests at least 90% of its total assets in investment grade debt securities, but may invest up to 10% of its total assets in debt securities rated below investment grade. The overall average credit quality of the fund will remain investment grade.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
PYLBX	Payden Limited Maturity Fund Adviser Class	No Load	Open			Nov 30, 2023	$160.00	0.550%	Above Average	$5,000	−$10,145.25
PYLMX	Payden Limited Maturity Fund	Institutional	Open			Apr 29, 1994	$541.13M	0.300%	Below Average	$100,000	−$103.07M
PYLSX	Payden Limited Maturity Fund SI Class	Institutional	Open			Jun 30, 2021	$1.97B	0.250%	Below Average	$10M	$432.40M

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