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Key statistics Previous close 9.37
Open —
Day range 9.38 9.43
52-week range 9.24 10.03
Off day high 0.00%
Off 52-week high −5.98%
Volume —
Avg. volume (3M) 0.00
Net assets 316.26M
Expense ratio 0.66%
Yield 4.90%
YTD return −1.51%
50-day average 9.41
200-day average 9.69
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The fund invests in a wide variety of debt instruments and income-producing securities. Under normal market conditions, the fund invests at least 80% of its total assets in corporate bonds or similar corporate debt instruments. In addition, in order to gain exposure to corporate debt markets, the fund may use derivatives to a significant extent, including in particular, credit default swaps with respect to individual corporate names and with respect to various credit indices.
Fund family Paydenfunds
Category Corporate Bond
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