PYVLX – Payden Equity Income Investment Strategy | Morningstar

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Strategy

The investment seeks growth of capital and some current income. The fund invests primarily in large capitalization value stocks, defined as stocks with sustainable cash flows that have the ability to pay and grow their dividends over time, and other income producing equity securities, including by way of example, preferred stocks, real estate investment trusts and master limited partnerships.

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
PYVAX	Payden Equity Income Fund Adviser Class	No Load	Open			Dec 1, 2011	$12.70M	1.010%	Above Average	$5,000	−$2.50M
PYVLX	Payden Equity Income Fund	Institutional	Open			Nov 1, 1996	$282.93M	0.760%	Above Average	$100,000	−$25.41M
PYVSX	Payden Equity Income Fund SI Class	Institutional	Open			Aug 1, 2014	$791.64M	0.650%	Average	$10M	−$94.50M

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