Payden Equity Income Fund SI Class
PYVSX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
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
- Aug 1, 2014
- CIK
- 0000885709
- Website
- payden.com
- Similar Companies
- Business
- Payden Equity Income Fund SI Class (PYVSX) is a large-capitalization value mutual fund that invests primarily in common stocks with above-average dividend yields, preferred stocks, master limited partnerships (MLPs), and real estate investment trusts (REITs); the fund targets companies exhibiting strong fundamentals and prospective positive earnings and dividend growth to deliver current income alongside equity market participation and lower volatility relative to peers and the broad market. Managed by Payden & Rygel, a privately-owned global investment firm founded in 1983 and headquartered in Los Angeles with approximately $166 billion in assets under management as of September 30, 2025, the fund operates within the U.S. equity market, serving institutional investors such as those with a $10 million minimum investment. The broader Payden Equity Income Fund, of which PYVSX is the SI share class (incepted August 1, 2014), traces its inception to November 1, 1996, with total net assets around $1.0-$1.1 billion; its portfolio emphasizes sectors like financials (25%), health care (13%), technology (11%), and industrials (12%), with top holdings including JPMorgan Chase & Co., Alphabet Inc., Bank of America, Duke Energy, and Wells Fargo. Recent updates as of late 2025 include sustained portfolio management by experienced professionals James T. Wong (33 years), Natalie N. Trevithick (28 years), Alfred Giles III (24 years), and Michael Huynh (21 years), alongside a contractual expense cap limiting total annual fund operating expenses to 0.66% through February 28, 2026 (net of waivers); the fund reported year-to-date performance of 8.07% through September 30, 2025, and maintains a constructive outlook on dividend-paying stocks amid expectations for 2026 earnings growth and lower interest rates.