Payden Equity Income

The investment seeks growth of capital and some current income.
The fund invests primarily in large capitalization value stocks, defined as stocks with above average dividend yields and large market capitalizations, and other income producing equity securities, including by way of example, exchange-traded common and preferred stocks, real estate investment trusts and master limited partnerships. It invests principally in U.S. securities, but may invest up to 30% of its total assets in foreign securities, including companies organized or headquartered in emerging markets. The fund is non-diversified.

Key stats

Management firm  Paydenfunds
Domicile  United States
Fund Administrator  Treasury Plus, Inc.
Global Branding Name  Payden
12 month yield  1.69%
Fund currency  USD
Launch Date  1996-11-01
ISIN  US7043297396
Manager 1 Name  James Wong
Manager 2 Name  Frank Lee
Fund Strategy  Large Value
Benchmark  Russell 1000 Value TR USD
Fund Structure  Open Ended Investment Company
UCITS 3 compliant  no

Performance/Volatility

Return Date  2014-10-31
Return - 1 Month  1.34%
Return - 2 Months  0.09 %
Return - 3 Months  3.60%
Return - 6 Months  7.27 %
Return - 9 months  15.29 %
Return - 12 Months  16.87%
Annualized return 24 months  17.68 %
Annualized return 36 months  16.91 %
Annualized return 48 months  17.30 %
Annualized return 60 months  15.99 %
Return 120 months  6.44 %
Annualized return since Inception  6.31%
Return YTD  13.93%

Ratings

Morning Star Rating Date   2014-10-31
Morning Star Rating - 36 Months  fund has a 3 star rating fund has a 3 star rating fund has a 3 star rating
Morning Star Rating - 60 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 - 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

Minimum Investment  $100,000
Maximum Managment Charge  0.50 %

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  +1 614 4708006

Price

Last Price Date  2014-11-26
Pre-tax nav  14.67
Price change  $0.08
Price change (percentage)  0.55 %

Funds Disclaimer

© 2011 - Morningstar UK Limited. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar; (2) may not be copied or distributed (save (i) as incidentally necessary in the course of viewing it on-line (ii) in the course of printing off single copies of web pages on which it appears for the use of those authorised to view it on-line), or adapted in any way (3) is not warranted to be accurate, complete or timely. This Morningstar-sourced information is provided to you by GFM Ltd and is at your own risk. You agree that Morningstar and or GFM Ltd are not responsible for any damages or losses arising from any use of this information and that the information must not be relied upon by you the user without appropriate verification. GFM Ltd informs you as follows: (i) The information provided should not form the sole basis of any investment decision (ii) no investment decision should be made in relation to any of the information provided other than on the advice of a professional financial advisor; (iii) past performance is no guarantee of future results; and (iv) the value and income derived from investments can go down as well as up.
For fund additions and/or data corrections please contact dataquestions@morningstar.com

Ratings Disclaimer

© 2010 - 2011 Morningstar UK Limited. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.
For fund additions and/or data corrections please contact dataquestions@morningstar.com

All our data is licensed from Morningstar UK Ltd. Important legal information