Payden Floating is trading at 9.63 as of the 19th of June 2025; that is 0.10% up since the beginning of the trading day. The fund's open price was 9.62. Payden Floating has about a 20 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. The performance scores are derived for the period starting the 21st of March 2025 and ending today, the 19th of June 2025. Click here to learn more.
The fund invests at least 80 percent of its total assets in income producing floating rate loans and other floating rate debt instruments. Floating rate loans are typically debt obligations with interest rates that adjust or float periodically, often on a daily, monthly, quarterly, or semiannual basis by reference to a base lending rate plus a premium. More on Payden Floating Rate
Payden Floating Rate [PYFIX] is traded in USA and was established 19th of June 2025. Payden Floating is listed under Paydenfunds category by Fama And French industry classification. The fund is listed under Bank Loan category and is part of Paydenfunds family. This fund at this time has accumulated 164.8 M in assets with minimum initial investment of 10 M. Payden Floating Rate is currently producing year-to-date (YTD) return of 1.51% with the current yeild of 0.0%, while the total return for the last 3 years was 8.68%.
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Other Information on Investing in Payden Mutual Fund
Payden Floating financial ratios help investors to determine whether Payden Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Payden with respect to the benefits of owning Payden Floating security.