Payden Limited Maturity Fund: (MF: PYLMX)
(NASDAQ Mutual Funds) As of Jul 12, 2024 08:00 PM ET
$9.54 USD
0.00 (NA)
Fund Description
Incepted in December 1997, Payden & Rygel serves as the investment adviser to the fund. The fund seeks a total return that, over time, is greater than money market funds and is consistent with the preservation of capital. The fund purchases investment-grade corporate, mortgage-backed, asset-backed, U.S. government securities and U.S. dollar denominated foreign securities. The maximum average portfolio maturity is one and one-half years. The fund seeks higher yields than money market funds with a slight increase in risk due to its longer average maturity and wider selection of bonds. The fund declares and distributes dividends to shareholders monthly. The fund distributes any net realized capital gains from the sale of portfolio securities at least once yearly.
Load Information
| Ticker | Max Load % |
Deferred Load % |
Red. Fee % |
12B-1 Fee % |
Mgmt Fee % |
Expense Ratio % |
|
|---|---|---|---|---|---|---|---|
| Payden Limited Maturity | PYLMX | NA | NA | 0.00 | 0.00 | 0.28 | 0.25 |
Return Data
| Ticker | Nav | Inception Date | % yield | 1 year return | 2 year return | 3 year return | |
|---|---|---|---|---|---|---|---|
| Payden Limited Maturity R | PYLMX | 9.54 | 5/2/1994 | 2.60 | 6.41 | 3.16 | 2.55 |
Investment Information
| Ticker | Minimum Initial Investment ($) | Minimum Subsequent Investment ($) | Minimum Initial IRA ($) | Dividend Frequency | |
|---|---|---|---|---|---|
| Payden Limited Maturity | PYLMX | 100000 | 250 | 100000 | M |
Contact Information
| Family | Payden & Rygel |
| Address | 333 S Grand Ave, Ste 3200 Los Angeles, CA 90071 |
| Phone | 800 572-9336 |