PYGIX – Payden Global Fixed Income SI Investment Strategy | Morningstar

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Strategy

The investment seeks a high level of total return that is consistent with preservation of capital. The fund invests at least 80% of its total assets in a wide variety of debt instruments and income-producing securities. The fund invests at least 65% of its total assets in investment grade debt securities. However, the fund may invest up to 35% 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
PYGFX	Payden Global Fixed Income Fund	No Load	Open			Sep 1, 1992	$36.59M	0.700%	Average	$5,000	−$2.29M
PYGIX	Payden Global Fixed Income Fund SI Class	Institutional	Open			Jun 30, 2021	$114.54M	0.570%	Below Average	$10M	$4.80M

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