Payden Equity Income Fund Adviser Cl
PYVAX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Income
- Address
- 333 S Grand Ave Los Angeles CA United States of America 90071
- IPO Date
- Dec 1, 2011
- CIK
- 0000885709
- Website
- payden.com
- Similar Companies
- Business
- Payden Equity Income Fund Adviser Cl (PYVAX) is a mutual fund managed by Payden & Rygel Investment Management, focusing on generating current income and capital appreciation through investments primarily in dividend-paying U.S. equities; it emphasizes large-cap value stocks with sustainable dividends, high-quality balance sheets, and attractive valuations across sectors such as financials, consumer staples, healthcare, and utilities. The fund offers Class A shares under the ticker PYVAX, with an emphasis on low turnover, fundamental research-driven security selection, and a portfolio typically holding 40-60 stocks to mitigate risk while targeting a yield above the S&P 500; services include professional portfolio management, daily liquidity, and tax-efficient strategies for individual and institutional investors. Headquartered in Los Angeles, California, Payden & Rygel was founded in 1983 and operates globally with offices in London, Paris, and other financial centers, serving target markets including high-net-worth individuals, endowments, and pension funds in the U.S. and international regions. In recent developments within the last two years, the firm has expanded its equity offerings through strategic enhancements to its research capabilities, including the integration of advanced ESG analysis into equity income strategies amid growing demand for sustainable investing; it also participated in a key partnership with institutional custodians to improve operational efficiency for fund shareholders, while launching minor share class restructurings to align with regulatory changes under SEC guidelines.