Fees are Low compared to funds in the same category. Payden Low Duration Fund has an expense ratio of 0.01 percent. Risk is Low compared to funds in the same category according to Morningstar.
The fund invests primarily in non-investment grade bonds with maturities of 10 years or less. It normally invests at least 80 percent of assets in high-yield bonds. It may hold up to 10 percent of net ...
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