Payden Tax Exempt Bond
333 S Grand Ave 32nd FL Los Angeles CA 90071
Map
Phone: 800-572-9336
| Category: | Muni National Interm | | Fund Family: | Paydenfunds | | Net Assets: | 22.75M | | Year-to-Date Return: | 7.45% | | Yield: | 2.98% | | Morningstar Rating: |  | | Fund Inception Date: | 21-Dec-93 |
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Mary Beth Syal
Lead Manager since
27-Feb-09 | | | Syal is a managing principal with Payden and Rygel, her employer since 1991. She has 15 years of experience in the investment business. Syal holds the Chartered Financial Analyst designation. |
| Min Initial Investment: | $5,000 | | 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 income exempt from federal income tax, consistent with preservation of capital. The fund normally invests at least 80% of assets in tax-exempt municipal obligations. The fund may invest up to 20% of total assets in municipal securities that are exempt from federal income tax but are subject to the federal alternative minimum tax. It is nondiversified. |
| Last Dividend
(30-Nov-09):
| 0.02 | | Last Cap Gain
(27-Dec-05):
| 0.02 | | Annual Holdings Turnover
| YFT_NOT_APPLICABLE_ABBREVIATION | | Average for Category:
| 38.70% |
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| Expense | PYTEX | Category
Avg | | Total Expense Ratio: | %
| 0.89% | | Max 12b1 Fee: | %
| N/A | | Max Front End Sales Load: | %
| 3.52% | | Max Deferred Sales Load: | %
| 2.34% | | 3 Yr Expense Projection*: |
$ YFT_NOT_APPLICABLE_ABBREVIATION | $462 | | 5 Yr Expense Projection*: |
$ YFT_NOT_APPLICABLE_ABBREVIATION | $700 | | 10 Yr Expense Projection*: |
$ YFT_NOT_APPLICABLE_ABBREVIATION | $1,369 |
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