Payden GNMA
333 S Grand Ave 32nd FL Los Angeles CA 90071
Map
Phone: 800-572-9336
| Category: | Intermediate Government | | Fund Family: | Paydenfunds | | Net Assets: | 661.19M | | Year-to-Date Return: | 7.69% | | Yield: | 4.72% | | Morningstar Rating: |  | | Fund Inception Date: | 27-Aug-99 |
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David P. Ballantine
Lead Manager since
27-Aug-99 | | | Ballantine is a principal and portfolio manager with Payden & Rygel. He has been in Payden & Rygel for 15 years and in the investment management business for 18 years. Prior to joining Payden & Rygel, Ballantine was at the Capital Group in Los Angeles and worked in the fixed-income department at Fidelity Investments. David holds the Chartered Financial Analyst designation. |
| Min Initial Investment: | $100,000 | | Min Initial Investment, IRA: | $2,000 | | Min Initial Investment, AIP: | $2,000 | | Min Subsequent Investment: | $250 | | Min Subsequent Investment, IRA: | $250 | | Min Subsequent Investment, AIP: | $250 |
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| The investment seeks current income and preservation of capital. The fund normally invests at least 80% of total assets in Government National Mortgage Association mortgage-backed securities, which are debt securities representing part ownership in a pool of mortgage loans backed by the U.S. Government. It invests in debt securities of any maturity, and there is no limit on the fund's maximum average portfolio maturity. The fund is nondiversified. |
| Last Dividend
(30-Nov-09):
| 0.04 | | Last Cap Gain
(21-Dec-07):
| 0.00 | | Annual Holdings Turnover
| YFT_NOT_APPLICABLE_ABBREVIATION | | Average for Category:
| 436.40% |
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| Expense | PYGNX | Category
Avg | | Total Expense Ratio: | %
| 1.01% | | Max 12b1 Fee: | %
| N/A | | Max Front End Sales Load: | %
| 4.09% | | Max Deferred Sales Load: | %
| 2.74% | | 3 Yr Expense Projection*: |
$ YFT_NOT_APPLICABLE_ABBREVIATION | $493 | | 5 Yr Expense Projection*: |
$ YFT_NOT_APPLICABLE_ABBREVIATION | $735 | | 10 Yr Expense Projection*: |
$ YFT_NOT_APPLICABLE_ABBREVIATION | $1,430 |
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