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) »
Scott Weiner (Started: Feb 27, 2009)
Brad Boyd (Started: Feb 28, 2013)
Brian Matthews (Started: Feb 27, 2009)
# Contact ?>
Paydenfunds, 333 S Grand Ave, 32nd Floor, Los Angeles, CA 90071, USA