Morningstar

Payden California Municipal Social Impact Fund Adviser PYCLX

Morningstar Medalist Rating
Medalist Rating as of | See Payden Investment Hub
  • NAV / 1-Day Return 9.42  /  +0.43 %
  • Total Assets 304.0M
  • Adj. Expense Ratio
    0.700%
  • Expense Ratio 0.700%
  • Distribution Fee Level High
  • Share Class Type No Load
  • Category Muni California Intermediate
  • Credit Quality / Interest Rate Sensitivity High/Moderate
  • Min. Initial Investment 5,000
  • Status Open
  • TTM Yield 3.32%
  • Effective Duration 6.27 years

USD | NAV as of Oct 03, 2026 | 1-Day Return as of Oct 03, 2026, 12:41 AM GMT+0

Morningstar’s Analysis PYCLX

Will PYCLX outperform in the 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 PYCLX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

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

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Payden California Municipal Scl Imp Adv holds a quantitatively derived Silver Morningstar Medalist Rating. The rating reflects that it has scored well on factors Morningstar research associates with future outperformance relative to category peers.

by Morningstar Automated Analysis
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Portfolio Holdings PYCLX

More PYCLX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 28.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

5 Year Treasury Note Future Sept 26

7.86 25M
Government

Ultra 10 Year US Treasury Note Future Sept 26

5.90 19M
Government

LOS ANGELES CNTY CALIF PUB WKS FING AUTH LEASE REV 5%

2.81 9M
municipal

CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5%

2.13 7M
municipal

SAN DIEGO CNTY CALIF REGL TRANSN COMMN SALES TAX REV 5%

1.88 6M
municipal

LOS ANGELES CNTY CALIF PUB WKS FING AUTH LEASE REV 5%

1.87 6M
municipal

SAN DIEGO CALIF HSG AUTH MULTIFAMILY HSG REV 4.2%

1.83 6M
municipal

SACRAMENTO CALIF AREA FLOOD CTL AGY 5%

1.53 5M
municipal

CENTRAL VY ENERGY AUTH CALIF COMMODITY SUPPLY REV 5%

1.44 5M
municipal

CALIFORNIA HSG FIN AGY MUN CTFS 3.75%

1.24 4M
municipal

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