Payden Core Bond

The investment seeks a high level of total return that is consistent with preservation of capital.
The fund invests 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 (commonly called "junk bonds"). The overall average credit quality of the fund will remain investment grade. It is non-diversified.

Key stats

Management firm  Paydenfunds
Domicile  United States
Fund Administrator  Treasury Plus, Inc.
Global Branding Name  Payden
12 month yield  2.89%
Fund currency  USD
Launch Date  1993-12-31
ISIN  US7043294088
Manager 1 Name  Michael Salvay
Manager 2 Name  Brad Boyd
Fund Strategy  Intermediate-Term Bond
Benchmark  Barclays US Agg Bond TR USD
Fund Structure  Open Ended Investment Company
UCITS 3 compliant  no

Performance/Volatility

Return Date  2014-06-30
Return - 1 Month  -0.11%
Return - 2 Months  1.36 %
Return - 3 Months  2.18%
Return - 6 Months  4.57 %
Return - 9 months  5.51 %
Return - 12 Months  6.11%
Annualized return 24 months  4.10 %
Annualized return 36 months  4.78 %
Annualized return 48 months  4.66 %
Annualized return 60 months  5.71 %
Return 120 months  4.71 %
Annualized return since Inception  5.47%
Return YTD  4.57%

Ratings

Morning Star Rating Date   2014-06-30
Morning Star Rating - 36 Months  fund has a 4 star rating fund has a 4 star rating fund has a 4 star rating fund has a 4 star rating
Morning Star Rating - 60 Months  fund has a 3 star rating fund has a 3 star rating fund has a 3 star rating
Morning Star Rating - 120 Months  fund has a 3 star rating fund has a 3 star rating fund has a 3 star rating
Morning Star Rating - Overall  fund has a 3 star rating fund has a 3 star rating fund has a 3 star rating

Charges

Initial  0.00 %
Minimum Investment  $100,000
Maximum Managment Charge  0.28 %
Exit charge  0.00 %
Performance Fee  0.00 %

Contact

Contact Address  Paydenfunds
Contact Address 2  333 S Grand Ave, 32nd Floor
Contact Address 3  Los Angeles, CA 90071
Contact city  Los Angeles
Contact country  United States
Fund Admin Group  Paydenfunds
Web Address  www.payden.com
Custodian  The Bank of New York Mellon
Phone  6144708006

Price

Last Price Date  2014-07-28
Pre-tax nav  10.84
Pre-tax offer  0.00
Pre-tax bid  0.00
Pre-tax mid  0.00
Post-tax nav  0.00
Post-tax offer  0.00
Post-tax bid  0.00
Price change  $0.00
Price change (percentage)  0.00 %
Guaranteed NAV  0.00000
Close Price  0.00

Funds Disclaimer

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For fund additions and/or data corrections please contact dataquestions@morningstar.com

Ratings Disclaimer

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For fund additions and/or data corrections please contact dataquestions@morningstar.com

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