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Key statistics Previous close 12.34
Open —
Day range 12.36 12.38
52-week range 12.30 12.90
Off day high 0.00%
Off 52-week high −4.03%
Volume —
Avg. volume (3M) 0.00
Net assets 1.25B
Expense ratio 0.61%
Yield 6.61%
YTD return +1.58%
50-day average 12.48
200-day average 12.69
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The fund invests in a wide variety of debt instruments and income-producing securities. It normally invests at least 80% of its total assets in corporate debt securities rated below investment grade. Below investment grade debt securities are rated below the four highest grades by at least one Nationally Recognized Statistical Rating Organization, or are securities that the fund's adviser, Payden & Rygel ("Payden"), determines to be of comparable quality.
Fund family Paydenfunds
Category High Yield Bond
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