LOS ANGELES, July 09, 2024–(BUSINESS WIRE)–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.
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The Payden Absolute Return Bond Fund aims to provide positive absolute returns in the long run, regardless of economic environments – an important consideration in markets where it’s hard to predict whether rates will go up or come down.
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The Payden California Municipal Social Impact Fund targets investments in which the use of proceeds are consistent with positive social and environmental outcomes.
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The Payden Emerging Markets Bond Fund seeks to provide investors diversification and attractive yields from bonds issued from some of the world’s fastest growing emerging economies.
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The Payden High Income Fund has historically been less sensitive to interest rate changes than traditional fixed income funds, while aiming to provide more downside protection than equity strategies.
Payden & Rygel is one of the largest privately-owned global investment advisors offering a globally diversified array of equity, fixed-income and cash balance fund strategies across the risk/reward spectrum.
Payden’s fund family is one of the market’s best-kept secrets, offering compelling investment strategies for fast-changing market conditions. With this ad campaign, the firm hopes to raise awareness of the funds.
About Payden & Rygel
With $161.7 billion under management, Payden & Rygel is one of the largest privately-owned global investment advisers. Founded in 1983, the firm manages fixed income and equity portfolios through domestic and international solutions. Advising the world’s leading institutions and individual investors, Payden & Rygel provides customized strategies across global capital markets. Payden & Rygel is headquartered in Los Angeles and has offices in Boston, London, and Milan.
For more information and to obtain a prospectus or summary prospectus, visit payden.com or call 800 572-9336. Before investing, investors should carefully read and consider investment objectives, risks, charges, expenses and other important information about the Fund, which is contained in these documents. Investment in foreign securities entails certain risks from investing in domestic securities, including changes in exchange rates, political changes, differences in reporting standards, and, for emerging-market securities, higher volatility. Investing in high-yield securities entails certain risks from investing in investment grade securities, including higher volatility, greater credit risk, and the issues’ more speculative nature. Social Impact Investing Risk: The Fund’s policy of investing in municipal securities for which, in the Adviser’s opinion, the proceeds raised are used consistent with positive social and/or environmental practices and outcomes could cause the Fund to perform differently compared to other mutual funds that do not have such a policy. The factors that the Adviser considers in evaluating an investment’s positive social and/or environmental benefits are part of a proprietary security selection methodology and may change over time. There are differences in interpretations of what it means to promote positive social and/or environmental benefits. While the Adviser believes its definitions are reasonable, the portfolio decisions it makes may differ with others’ views. The Payden Funds are distributed through Payden & Rygel Distributors, member FINRA.
This material reflects the firm’s current opinion and is subject to change without notice. Sources for the material contained herein are deemed reliable but cannot be guaranteed. This material is for illustrative purposes only and does not constitute investment advice or an offer to sell or buy any security. Past performance is no guarantee of future results.
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Contacts
Kate Ennis
DAI Partners PR
Ennis@DAIPartnersPR.com
(301) 580-6726