Articles from Payden & Rygel

Diversified exposure to securitized credit with an aim to achieve relatively low-interest rate sensitivity

Disinflation trends, resilient consumer spending, and global rate cuts set the tone for a cautiously optimistic second half of 2025

LOS ANGELES, June 09, 2025 (GLOBE NEWSWIRE) -- In a release issued earlier today by Payden & Rygel, please note we have corrected the proper name of the Payden & Rygel municipal bond team in the headline, as well as the first and second paragraphs. The corrected release follows:

A conservative strategy with limited duration and zero corporate credit risk

LOS ANGELES, March 17, 2025 (GLOBE NEWSWIRE) -- Payden & Rygel, one of the largest privately-held global investment advisory firms, today announced that the Payden California Municipal Social Impact Fund (PYCRX) is a LSEG Lipper Fund Awards United States 2025 winner.

LOS ANGELES, Feb. 11, 2025 (GLOBE NEWSWIRE) -- The Payden Floating Rate Fund (PYFRX) and the Payden High Income Fund (PYHRX) each received a five-star overall Morningstar rating as of January 31, 2025.

Look at Markets and Economies in 2025

In December 1998, financial markets were still reeling from Russia’s default and, a year earlier, an Asian financial crisis that upended developing economies all over the world. It was against this volatile and seemingly inauspicious backdrop that Payden & Rygel launched the Payden Emerging Markets Bond Fund (PYEMX). Since then, the fund has captured opportunities in a rapidly evolving asset class which remains among the highest-yielding public debt market options for investors.

Payden & Rygel is running a digital ad campaign to introduce its funds to financial advisors, institutional investors and consultants. The ads, which will appear in Barron’s and the Wall Street Journal, will spotlight the Payden High Income Fund (PYHRX), Emerging Markets Bond Fund (PYEMX), Absolute Return Bond Fund (PYARX) and California Municipal Social Impact Fund (PYCRX), all strategies with a compelling story for today’s market conditions.

Payden & Rygel's Payden Limited Maturity Fund (PYLMX) is a viable alternative to institutional prime money market funds which are impacted by recent regulations. Last year the Securities and Exchange Commission (SEC) revised regulations designed to enhance the stability of money market funds. This move aims to prevent a repeat of the dramatic fund outflows seen in March 2020, when institutional prime money market funds experienced net redemptions of approximately 30% of assets over a two-week period. Over the course of 2024, money market funds have been adjusting to the reforms, with the deadline for implementing reporting standards on June 11.

Payden & Rygel is proud to announce the 30-year anniversary of its Limited Maturity Fund (PYLMX). This milestone coincides with the firm's celebration of four decades as a global investment adviser.