Payden Securitized Income Fund Investor Class PYSFX
Strategy
The investment seeks a high level of total return combined with income generation that is consistent with preservation of capital. Under normal market conditions, the fund will invest at least 80% of its investable assets (net assets plus borrowing for investment purposes, if any) in securitized credit securities. Securitized credit securities include but not limited to commercial mortgage-backed securities (CMBS), asset-backed securities (ABS), agency and non-agency residential mortgage-backed securities (RMBS), and collateralized loan obligations (CLOs). It is non-diversified.
|
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
|
|---|---|---|---|---|---|---|---|---|---|---|---|
PYSFX
| Payden Securitized Income Fund Investor Class | No Load | Open | — | $2.38M | 0.660% | Below Average | $5,000 | $161,204.13 | ||
PYSCX
| Payden Securitized Income Fund SI Class | Institutional | Open | — | $141.84M | 0.560% | Below Average | $10M | $42.37M |