Performance
Trailing returns
| 1 day |
| -0.19% | |||
| 1 week |
| -0.09% | |||
| 4 week | +0.29% |
| |||
| 3 month | +0.77% |
| |||
| YTD | +0.77% |
| |||
| 1 year | +5.32% |
| |||
| 3 years* | +3.33% |
| |||
| 5 years* | - | ||||
| *annualized | |||||
| Best 3 month return | +3.12% | |
| Worst 3 month return | -3.17% |
Morningstar statistics
Morningstar category: Multisector Bond
| Return | Risk | Rating | |
| 3 years | Low | Below Average |
 
|
| 5 years | - | - | - |
| 10 years | - | - | - |
| Overall | Low | Below Average |
|
Key statistics
| Total assets | 148.51M | |
| Front load | - | |
| Deferred load | - | |
| Expense ratio | 1.75% | |
| Management fee | - | |
| Fund family | Paydenfunds |
Asset allocation
| Cash | 19.85% | |
| Stocks | 0.00% | |
| Bonds | 76.77% | |
| Other | 3.39% |
Purchase information
| Initial | US$25,000 | |
| IRA Initial | US$25,000 |
10.50-0.01(-0.10%)
May 24, 4:00PM EDT
Overall Morningstar RatingTM
Description
The investment seeks income and total return consistent with preservation of capital. The fund is designed as an investment vehicle for cash balance pension plans. It seeks to earn a total return, net of fees and expenses, that is equivalent to the interest crediting rate established by the Internal Revenue Service for cash balance pension plans using the 30-year U.S. Treasury Bond Yield. The fund seeks to earn this rate each calendar year. It invests at least 80% of its total assets in a wide variety of debt instruments and income-producing securities. The fund is non-diversified.
Fund filings (PDF) »
Fund filings (PDF) »
Asset managers:
Scott Weiner (Started: Feb 27, 2009)
Brad Boyd (Started: Feb 28, 2013)
Brian Matthews (Started: Feb 27, 2009)
Scott Weiner (Started: Feb 27, 2009)
Brad Boyd (Started: Feb 28, 2013)
Brian Matthews (Started: Feb 27, 2009)
Risk
| 1 year | 3 years | 5 years | 10 years | ||
| Alpha* | 3.30 | 2.20 | - | - | |
| Beta* | 0.40 | 0.05 | - | - | |
| Mean annual return | 0.40 | 0.21 | - | - | |
| R-squared* | 23.15 | 0.20 | - | - | |
| Standard deviation | 1.63 | 2.79 | - | - | |
| Sharpe ratio | 2.89 | 0.89 | - | - | |
| * Against standard index | |||||
Top 10 holdings
| Security | Net Assets | |
| Us 5yr Note (Cbt) Jun13 | 4.81% | |
| Us 10yr Note (Cbt)jun13 | 3.69% | |
| FNMA FRN | 2.44% | |
| FNMA 2.5% | 1.44% | |
| Volt Npl X Llc 2012-Npl3 FRN | 1.30% | |
| Us Ultra Bond(Cbt Jun13 | 1.25% | |
| Vericrest Opp Ln Tr 2012-Npl1 8.1116% | 1.23% | |
| FHLMC 2.5% | 1.04% | |
| Wamu Mtg Cert 2007-Hy7 CMO | 1.02% | |
| Xay Cons Discret Jun13 | 1.02% |