Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-costliest quintile among peers.
Payden Limited Maturity Adviser PYLBX
- NAV / 1-Day Return 9.52 / +0.01 %
- Total Assets 1.9 Bil
-
Adj. Expense Ratio
- Expense Ratio 0.550%
- Distribution Fee Level Above Average
- Share Class Type No Load
- Category Ultrashort Bond
- Credit Quality / Interest Rate Sensitivity Medium/Limited
- Min. Initial Investment 5,000
- Status Open
- TTM Yield —
- Effective Duration 0.45 years
USD | NAV as of May 21, 2024 | 1-Day Return as of May 21, 2024, 12:47 AM GMT+0
Morningstar’s Analysis PYLBX
Will PYLBX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 6.7
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
United States Treasury Bills 5.44% | 2.51 | 49.4 Mil | Government |
United States Treasury Bills 5.37% | 2.02 | 39.7 Mil | Government |
United States Treasury Bills 5.37% | 1.52 | 29.8 Mil | Government |
United States Treasury Bills 5.38% | 1.50 | 29.6 Mil | Government |
Payden Floating Rate SI | 1.35 | 26.5 Mil | — |
United States Treasury Bills 5.32% | 1.27 | 24.9 Mil | Government |
United States Treasury Bills 5.47% | 1.10 | 21.6 Mil | Government |
United States Treasury Bills 5.49% | 1.00 | 19.6 Mil | Government |
United States Treasury Bills 5.45% | 1.00 | 19.6 Mil | Government |
Canadian Pacific Kansas City Ltd. 5.51% | 0.76 | 15.0 Mil | Cash and Equivalents |