PYCBX – Payden Core Bond Investment Strategy | Morningstar

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Strategy

The investment seeks a high level of total return that is consistent with preservation of capital. Under normal markets conditions, the fund invests at least 80% of its total assets in a wide variety of debt instruments and income-producing securities payable primarily in U.S. dollars. It invests at least 75% of its total assets in investment grade debt securities, but may invest up to 25% 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
PYCWX	Payden Core Bond Fund Advisor Class	No Load	Open			Nov 2, 2009	$830,735.00	0.800%	High	$5,000	−$511,364.94
PYCBX	Payden Core Bond Fund Investor Class	Institutional	Open			Dec 31, 1993	$274.21M	0.550%	Above Average	$100,000	$7.08M
PYCSX	Payden Core Bond Fund SI Class	Institutional	Open			Jan 22, 2018	$783.09M	0.440%	Below Average	$10M	$189.31M

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