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Morningstar

Payden Limited Maturity PYLMX

Morningstar Medalist Rating
Medalist Rating as of | See Payden Investment Hub
  • NAV / 1-Day Return 9.54  /  0.00
  • Total Assets 2.0 Bil
  • Adj. Expense Ratio
    0.300%
  • Expense Ratio 0.300%
  • Distribution Fee Level Below Average
  • Share Class Type Institutional
  • Category Ultrashort Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Limited
  • Min. Initial Investment 100,000
  • Status Open
  • TTM Yield 5.26%
  • Effective Duration 0.46 years

USD | NAV as of Jul 27, 2024 | 1-Day Return as of Jul 27, 2024, 12:12 AM GMT+0

Morningstar’s Analysis PYLMX

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

  • People Pillar

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

A sound investment process and strong management team underpin Payden Limited Maturity'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 second-lowest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings PYLMX

More PYLMX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 6.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Bills 5.33005%

4.51 86.7 Mil
Government

United States Treasury Bills 5.28849%

3.63 69.7 Mil
Government

United States Treasury Bills 5.3296%

3.60 69.2 Mil
Government

United States Treasury Bills 5.31572%

3.10 59.6 Mil
Government

Payden Floating Rate SI

1.39 26.7 Mil
—

UDR Inc 5.50259%

0.78 15.0 Mil
Cash and Equivalents

Aercap Ireland Capital DAC 1.75%

0.71 13.7 Mil
Corporate

Neuberger Berman Loan Advisers Clo 24 Ltd/Llc 6.51854%

0.67 12.8 Mil
Securitized

Enbridge U S Inc 5.51179%

0.60 11.5 Mil
Cash and Equivalents

ACRES COMMERCIAL REALTY 2021-FL1 ISSUER LTD 6.63503%

0.57 10.9 Mil
Securitized