Morningstar

Payden High Income Fund Investor Class PYHRX

Morningstar Medalist Rating
Medalist Rating as of | See Payden Investment Hub
  • NAV / 1-Day Return 12.33  /  +0.24 %
  • Total Assets 1.2B
  • Adj. Expense Ratio
    0.610%
  • Expense Ratio 0.600%
  • Distribution Fee Level Below Average
  • Share Class Type Institutional
  • Category High Yield Bond
  • Credit Quality / Interest Rate Sensitivity Low/Limited
  • Min. Initial Investment 100,000
  • Status Open
  • TTM Yield 6.58%
  • Effective Duration 3.22 years

USD | NAV as of Oct 03, 2026 | 1-Day Return as of Oct 03, 2026, 12:50 AM GMT+0

Morningstar’s Analysis PYHRX

Will PYHRX 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 PYHRX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

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

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Payden High Income 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
Rated on Published on

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Portfolio Holdings PYHRX

More PYHRX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 7.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Payden Cash Reserves Money Market

3.47 44M
Cash and Equivalents

10 Year Treasury Note Future Sept 26

2.44 31M
Government

Other- Interest Receivable

1.51 19M
Cash and Equivalents

Usd/Cad Fwd 20260916 00049

1.05 13M
Derivative

Karoon USA Finance Inc. 10.5%

0.64 8M
Corporate

Venture Global LNG Inc. 9%

0.58 7M
Corporate

Calumet Specialty Products Partners LP / Calumet Finance Corp 9.75%

0.57 7M
Corporate

Beusa Investments LLC 7%

0.56 7M
Corporate

Moss Creek Resources Holdings Inc 8.25%

0.56 7M
Corporate

Standard Building Solutions Inc. 5.875%

0.55 7M
Corporate

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