Payden Managed Income Fund Institutional Class
NAV / Daily Prices
NAV ($)
10.16
NAV Change ($)
0.01
Change %
0.10%
MTD Return
0.99%
YTD Return
Statistics
30-Day SEC YieldA
6.12%
30-Day SEC Yield (Unsubsidized)B
5.41%
Interest Rate DurationC
2.82 Years
Credit Spread DurationD
8.69 Years
Date as of
Expenses
Total Fund Operating Expenses
1.69%E
With Expense Cap
0.67%
F
# of Funds
Overall
★★★★
339
3 Year
★★★
339
5 Year
★★★★
305
Category
Multisector Bond
Data as of
03/31/2026
A.
The 30-day SEC yield represents the dividends and interest earned for a 30-day period, annualized, and divided by the net asset values per share at the end of the period. The SEC yield is computed under a standardized formula which assumes all portfolio securities are held to maturity. This value may differ from the actual distribution rate of the Fund.
B.
Represents a 30-day SEC yield without adjusting for fee waivers or expense reimbursements.
C.
Interest rate duration is a measure of the Fund’s price sensitivity to changes in interest rates.
D.
Credit spread duration is a measure of the Fund’s price sensitivity to changes in yield differences between non-government bonds and U.S. Treasuries.
E.
Total Annual Fund Operating Expenses include all direct operating expenses of the Fund, as well as 0.02% Acquired Fund Fees and Expenses incurred indirectly by the Fund through its investment in other mutual funds. Payden & Rygel ("Payden") has contractually agreed that, for so long as it is the investment adviser to the Fund, Total Annual Fund Operating Expenses After Fee Waiver or Expense Reimbursement will not exceed 1.25%. Please note that the 1.25% expense level does not include Acquired Fund Fees and Expenses, interest, taxes, and extraordinary expenses. Payden has contractually agreed to further waive its investment advisory fee or reimburse Fund expenses to the extent that the Total Annual Fund Operating Expenses After Further One-Year Fee Waiver or Expense Reimbursement exceed 0.65%. This agreement has a one-year term ending February 28, 2027. Please note that the 0.67% Expense Cap does not include Acquired Fund Fees and Expenses, interest, taxes, and extraordinary expenses.
F.