0001752724-24-212379.txt : 20240923
0001752724-24-212379.hdr.sgml : 20240923
20240923124815
ACCESSION NUMBER: 0001752724-24-212379
CONFORMED SUBMISSION TYPE: NPORT-P
PUBLIC DOCUMENT COUNT: 2
CONFORMED PERIOD OF REPORT: 20240731
FILED AS OF DATE: 20240923
DATE AS OF CHANGE: 20240923
PERIOD START: 20241031
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: PAYDEN & RYGEL INVESTMENT GROUP
CENTRAL INDEX KEY: 0000885709
ORGANIZATION NAME:
IRS NUMBER: 000000000
STATE OF INCORPORATION: MA
FISCAL YEAR END: 1031
FILING VALUES:
FORM TYPE: NPORT-P
SEC ACT: 1940 Act
SEC FILE NUMBER: 811-06625
FILM NUMBER: 241315623
BUSINESS ADDRESS:
STREET 1: 333 S GRAND AVE
STREET 2: 40TH FL
CITY: LOS ANGELES
STATE: CA
ZIP: 90071
BUSINESS PHONE: 2136251900
MAIL ADDRESS:
STREET 1: 333 S GRAND AVE
STREET 2: 40TH FL
CITY: LOS ANGELES
STATE: CA
ZIP: 90071
FORMER COMPANY:
FORMER CONFORMED NAME: PAYDENFUNDS
DATE OF NAME CHANGE: 20010423
FORMER COMPANY:
FORMER CONFORMED NAME: PAYDEN & RYGEL INVESTMENT GROUP
DATE OF NAME CHANGE: 19940104
FORMER COMPANY:
FORMER CONFORMED NAME: P&R INVESTMENT TRUST
DATE OF NAME CHANGE: 19920929
0000885709
S000011755
Payden Low Duration Fund
C000032180
Payden Low Duration Fund (Investor Class)
PYSBX
C000236135
Payden Low Duration Fund (SI Class)
PYLDX
C000248241
Payden Low Duration Fund (Adviser Class)
PYLWX
NPORT-P
1
primary_doc.xml
NPORT-P
false
0000885709
XXXXXXXX
S000011755
C000236135
C000248241
C000032180
PAYDEN & RYGEL INVESTMENT GROUP
811-06625
0000885709
549300QJNYRKYZS3P282
333 South Grand Avenue
32nd Floor
Los Angeles
90071
213-625-1900
Payden Low Duration Fund
S000011755
JBE5Q1GFOJSHZAIQ1855
2024-10-31
2024-07-31
N
1000916517.46
16640579.13
984275938.33
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
3648029.00000000
0.00000000
0.00000000
6058867.78000000
USD
N
N/A
N/A
AETHON UN/AETHIN UN FIN
N/A
Aethon United BR LP / Aethon United Finance Corp
00810GAC8
1365000.00000000
PA
USD
1383798.78000000
0.140590532198
Long
DBT
CORP
US
N
2
2026-02-15
Fixed
8.25000000
N
N
N
N
N
N
STANDARD INDUSTRIES INC
N/A
Standard Industries Inc/NJ
853496AC1
1550000.00000000
PA
USD
1517831.59000000
0.154207934065
Long
DBT
CORP
US
N
2
2027-02-15
Fixed
5.00000000
N
N
N
N
N
N
AAR ESCROW ISSUER LLC
N/A
AAR Escrow Issuer LLC
00253PAA6
360000.00000000
PA
USD
368270.44000000
0.037415365514
Long
DBT
CORP
US
N
2
2029-03-15
Fixed
6.75000000
N
N
N
N
N
N
HELIOS SOFT/ION CORP SOL
N/A
Helios Software Holdings Inc / ION Corporate Solutions Finance Sarl
42329HAB4
800000.00000000
PA
USD
827979.70000000
0.084120688899
Long
DBT
CORP
US
N
2
2029-05-01
Fixed
8.75000000
N
N
N
N
N
N
FREEDOM MORTGAGE HOLD
N/A
Freedom Mortgage Holdings LLC
35641AAA6
720000.00000000
PA
USD
725644.80000000
0.073723716261
Long
DBT
CORP
US
N
2
2029-02-01
Fixed
9.25000000
N
N
N
N
N
N
CDW LLC/CDW FINANCE
N/A
CDW LLC / CDW Finance Corp
12513GBA6
1380000.00000000
PA
USD
1378361.80000000
0.140038148482
Long
DBT
CORP
US
N
2
2024-12-01
Fixed
5.50000000
N
N
N
N
N
N
PNC FINANCIAL SERVICES
CFGNEKW0P8842LEUIA51
PNC Financial Services Group Inc/The
693475BV6
985000.00000000
PA
USD
994187.00000000
0.101006939343
Long
DBT
CORP
US
N
2
2028-01-21
Fixed
5.30000000
N
N
N
N
N
N
BAE SYSTEMS PLC
8SVCSVKSGDWMW2QHOH83
BAE Systems PLC
05523RAH0
1200000.00000000
PA
USD
1206170.30000000
0.122543918125
Long
DBT
CORP
GB
N
2
2027-03-26
Fixed
5.00000000
N
N
N
N
N
N
QORVO INC
254900YAUJV2EUEVBR11
Qorvo Inc
74739DAB0
2610000.00000000
PA
USD
2567580.82000000
0.260859858502
Long
DBT
CORP
US
N
2
2024-12-15
Fixed
1.75000000
N
N
N
N
N
N
ICON INVESTMENTS SIX DAC
635400FQ1M7J2CHLAS59
Icon Investments Six DAC
45115AAA2
1525000.00000000
PA
USD
1555986.06000000
0.158084333813
Long
DBT
CORP
IE
N
2
2027-05-08
Fixed
5.80900000
N
N
N
N
N
N
AGCO CORP
LYOM0B2GCF1JWXK5ZG04
AGCO Corp
001084AR3
1020000.00000000
PA
USD
1034121.30000000
0.105064165416
Long
DBT
CORP
US
N
2
2027-03-21
Fixed
5.45000000
N
N
N
N
N
N
FRANKLIN BSP CAPITAL CO
549300KJEVMKATLINB36
Franklin BSP Capital Corp
35250VAA2
1270000.00000000
PA
USD
1291900.97000000
0.131253942079
Long
DBT
CORP
US
N
2
2029-06-15
Fixed
7.20000000
N
N
N
N
N
N
TierPoint Issuer LLC
N/A
TierPoint Issuer LLC
88651CAA8
4800000.00000000
PA
USD
4771428.00000000
0.484765279144
Long
ABS-O
CORP
US
N
2
2053-06-25
Fixed
6.00000000
N
N
N
N
N
N
BSPRT Issuer, Ltd.
N/A
BSPRT 2023-FL10 Issuer Ltd
05610VAA0
4000000.00000000
PA
USD
4038632.00000000
0.410315018657
Long
ABS-CBDO
CORP
US
N
2
2035-09-15
Floating
7.58780000
N
N
N
N
N
N
HPEFS Equipment Trust
N/A
HPEFS Equipment Trust 2023-1
40443DAC6
9800000.00000000
PA
USD
9810401.72000000
0.996712541469
Long
ABS-O
CORP
US
N
2
2028-02-22
Fixed
5.41000000
N
N
N
N
N
N
SM ENERGY CO
84BUTVXV5ODI6BXNMH43
SM Energy Co
78454LAX8
690000.00000000
PA
USD
695005.27000000
0.070610815822
Long
DBT
CORP
US
N
2
2029-08-01
Fixed
6.75000000
N
N
N
N
N
N
BX Trust
N/A
BX Commercial Mortgage Trust 2024-XL4
05611VAC5
2462392.50000000
PA
USD
2451703.25000000
0.249086984099
Long
ABS-MBS
CORP
US
N
2
2039-02-15
Floating
7.12034000
N
N
N
N
N
N
Oak Street Investment Grade Ne
N/A
Oak Street Investment Grade Net Lease Fund Series 2020-1
67181DAA9
8055789.83000000
PA
USD
7614471.11000000
0.773611424751
Long
ABS-O
CORP
US
N
2
2050-11-20
Fixed
1.85000000
N
N
N
N
N
N
US TREASURY N/B
254900HROIFWPRGM1V77
United States Treasury Note/Bond
91282CJB8
8015000.00000000
PA
USD
8045838.99000000
0.817437334051
Long
DBT
UST
US
N
2
2025-09-30
Fixed
5.00000000
N
N
N
N
N
N
FORD MOTOR CREDIT CO LLC
UDSQCVRUX5BONN0VY111
Ford Motor Credit Co LLC
345397A60
2665000.00000000
PA
USD
2652572.97000000
0.269494850651
Long
DBT
CORP
US
N
2
2025-06-16
Fixed
5.12500000
N
N
N
N
N
N
OneMain Financial Issuance Tru
N/A
OneMain Financial Issuance Trust 2023-2
68269HAA3
4350000.00000000
PA
USD
4447212.93000000
0.451825830218
Long
ABS-O
CORP
US
N
2
2036-09-15
Fixed
5.84000000
N
N
N
N
N
N
DLLST LLC
N/A
DLLST 2024-1 LLC
23346HAC1
1000000.00000000
PA
USD
1000130.40000000
0.101610774077
Long
ABS-O
CORP
US
N
2
2027-08-20
Fixed
5.05000000
N
N
N
N
N
N
PRA GROUP INC
549300Q5HW3JSSB86K27
PRA Group Inc
69354NAC0
615000.00000000
PA
USD
616070.04000000
0.062591191759
Long
DBT
CORP
US
N
2
2025-09-01
Fixed
7.37500000
N
N
N
N
N
N
Cantor Commercial Real Estate
N/A
Cantor Commercial Real Estate Lending 2019-CF1
12529MAG3
21695212.95000000
PA
USD
794730.36000000
0.080742638222
Long
ABS-MBS
CORP
US
N
2
2052-05-15
Variable
1.11920700
N
N
N
N
N
N
Stack Infrastructure Issuer LL
N/A
Stack Infrastructure Issuer LLC
85236KAD4
4410000.00000000
PA
USD
4225759.02000000
0.429326660892
Long
ABS-O
CORP
US
N
2
2045-08-25
Fixed
1.89300000
N
N
N
N
N
N
KAROON USA FINANCE INC
254900I4IZ164TOMZH46
Karoon USA Finance Inc
48575AAA9
1305000.00000000
PA
USD
1325881.31000000
0.134706260548
Long
DBT
CORP
US
N
2
2029-05-14
Fixed
10.50000000
N
N
N
N
N
N
GULFPORT ENERGY OP CORP
254900DJRGZBUZ3F5038
Gulfport Energy Corp
402635AR7
2445000.00000000
PA
USD
2479579.64000000
0.251919156350
Long
DBT
CORP
US
N
2
2026-05-17
Fixed
8.00000000
N
N
N
N
N
N
SUNOCO LP
54930001NJU8E40NQ561
Sunoco LP
86765KAB5
550000.00000000
PA
USD
566473.64000000
0.057552320232
Long
DBT
CORP
US
N
2
2029-05-01
Fixed
7.00000000
N
N
N
N
N
N
Fannie Mae - CAS
N/A
Connecticut Avenue Securities Trust 2022-R08
20755DAA4
2161120.82000000
PA
USD
2230549.85000000
0.226618345845
Long
ABS-MBS
CORP
US
N
2
2042-07-25
Floating
7.89714000
N
N
N
N
N
N
OVINTIV INC
2549003MEX7YMKLGI239
Ovintiv Inc
69047QAA0
2805000.00000000
PA
USD
2807496.79000000
0.285234727444
Long
DBT
CORP
US
N
2
2025-05-15
Fixed
5.65000000
N
N
N
N
N
N
Freddie Mac
S6XOOCT0IEG5ABCC6L87
Freddie Mac REMICS
3137F7L37
6473619.19000000
PA
USD
5863964.81000000
0.595764315843
Long
ABS-MBS
USGSE
US
N
2
2054-04-15
Fixed
1.00000000
N
N
N
N
N
N
VB-S1 Issuer LLC
N/A
VB-S1 Issuer LLC - VBTEL
91823ABG5
1000000.00000000
PA
USD
1034325.40000000
0.105084901471
Long
ABS-O
CORP
US
N
2
2054-05-15
Fixed
8.87100000
N
N
N
N
N
N
BPCE SA
9695005MSX1OYEMGDF46
BPCE SA
05571AAT2
285000.00000000
PA
USD
286986.23000000
0.029157090895
Long
DBT
CORP
FR
N
2
2027-01-18
Fixed
5.20300000
N
N
N
N
N
N
AMERICAN EXPRESS CO
R4PP93JZOLY261QX3811
American Express Co
025816DV8
2715000.00000000
PA
USD
2733762.09000000
0.277743464362
Long
DBT
CORP
US
N
2
2028-07-26
Fixed
5.04300000
N
N
N
N
N
N
VOLKSWAGEN GROUP AMERICA
5493002SQ1AVQBY41K40
Volkswagen Group of America Finance LLC
928668BR2
1605000.00000000
PA
USD
1585312.86000000
0.161063864132
Long
DBT
CORP
US
N
2
2025-06-06
Fixed
3.95000000
N
N
N
N
N
FEDERAL HOME LOAN BANK
2549001DPIFGXC1TOL40
Federal Home Loan Banks
3130AV7L0
11730000.00000000
PA
USD
11737107.68000000
1.192461099873
Long
DBT
USGSE
US
N
2
2025-02-28
Fixed
5.00000000
N
N
N
N
N
N
AERCAP IRELAND CAP/GLOBA
N/A
AerCap Ireland Capital DAC / AerCap Global Aviation Trust
00774MAU9
5110000.00000000
PA
USD
5059327.91000000
0.514015197667
Long
DBT
CORP
IE
N
2
2024-10-29
Fixed
1.65000000
N
N
N
N
N
N
BOARD OF TRADE OF THE CITY OF CHICAGO, INC.
549300EX04Q2QBFQTQ27
US 2YR NOTE (CBT)
000000000
766.00000000
NC
USD
1151224.33000000
0.116961543523
N/A
DIR
CORP
US
N
1
BOARD OF TRADE OF THE CITY OF CHICAGO, INC.
549300EX04Q2QBFQTQ27
Long
US TREASURY N/B
United States Treasury Note/Bond
2024-09-30
156160041.67000000
USD
1151224.33000000
N
N
N
ROCKETMTGE CO-ISSUER INC
N/A
Rocket Mortgage LLC / Rocket Mortgage Co-Issuer Inc
77313LAA1
3350000.00000000
PA
USD
3167566.71000000
0.321816940417
Long
DBT
CORP
US
N
2
2026-10-15
Fixed
2.87500000
N
N
N
N
N
N
BLUE RACER MID LLC/FINAN
N/A
Blue Racer Midstream LLC / Blue Racer Finance Corp
095796AJ7
725000.00000000
PA
USD
745241.19000000
0.075714660998
Long
DBT
CORP
US
N
2
2029-07-15
Fixed
7.00000000
N
N
N
N
N
N
WELLS FARGO & COMPANY
PBLD0EJDB5FWOLXP3B76
Wells Fargo & Co
95000U3C5
3525000.00000000
PA
USD
3498455.20000000
0.355434392304
Long
DBT
CORP
US
N
2
2026-08-15
Fixed
4.54000000
N
N
N
N
N
N
GENTING NY LLC/GENNY CAP
N/A
Genting New York LLC / GENNY Capital Inc
37255JAA0
1785000.00000000
PA
USD
1719308.73000000
0.174677512986
Long
DBT
CORP
US
N
2
2026-02-15
Fixed
3.30000000
N
N
N
N
N
N
Carvana Auto Receivables Trust
N/A
Carvana Auto Receivables Trust 2023-P5
14687RAC5
2400000.00000000
PA
USD
2420742.96000000
0.245941495238
Long
ABS-O
CORP
US
N
2
2029-01-10
Fixed
5.62000000
N
N
N
N
N
N
Santander Drive Auto Receivabl
N/A
Santander Drive Auto Receivables Trust 2024-2
80286YAD4
2500000.00000000
PA
USD
2547307.00000000
0.258800088552
Long
ABS-O
CORP
US
N
2
2029-07-16
Fixed
5.78000000
N
N
N
N
N
N
PENSKE AUTOMOTIVE GROUP
549300W7UTQ0M4C7LB15
Penske Automotive Group Inc
70959WAJ2
1380000.00000000
PA
USD
1347425.79000000
0.136895126409
Long
DBT
CORP
US
N
2
2025-09-01
Fixed
3.50000000
N
N
N
N
N
N
VOLKSWAGEN GROUP AMERICA
5493002SQ1AVQBY41K40
Volkswagen Group of America Finance LLC
928668BV3
4590000.00000000
PA
USD
4656106.83000000
0.473048933604
Long
DBT
CORP
US
N
2
2026-09-12
Fixed
5.70000000
N
N
N
N
N
N
Nissan Master Owner Trust Rece
N/A
Nissan Master Owner Trust Receivables
65479VAB2
6500000.00000000
PA
USD
6555623.10000000
0.666035086778
Long
ABS-O
CORP
US
N
2
2029-02-15
Fixed
5.05000000
N
N
N
N
N
N
MORGAN STANLEY
IGJSJL3JD5P30I6NJZ34
Morgan Stanley
6174468R3
2230000.00000000
PA
USD
2206608.04000000
0.224185917187
Long
DBT
CORP
US
N
2
2025-10-21
Fixed
0.86400000
N
N
N
N
N
N
WELLS FARGO & COMPANY
PBLD0EJDB5FWOLXP3B76
Wells Fargo & Co
95000U2X0
5365000.00000000
PA
USD
5307713.12000000
0.539250520438
Long
DBT
CORP
US
N
2
2026-04-25
Fixed
3.90800000
N
N
N
N
N
N
Diamond Infrastructure Funding
N/A
Diamond Infrastructure Funding LLC
25265LAA8
7500000.00000000
PA
USD
6859448.25000000
0.696902970282
Long
ABS-O
CORP
US
N
2
2049-04-15
Fixed
1.76000000
N
N
N
N
N
N
Santander Bank Auto Credit-Lin
N/A
Santander Bank Auto Credit-Linked Notes Series 2022-B
80290CAZ7
396852.48000000
PA
USD
397620.03000000
0.040397211240
Long
ABS-O
CORP
US
N
2
2032-08-16
Fixed
6.79300000
N
N
N
N
N
N
CITIZENS BANK NA/RI
DRMSV1Q0EKMEXLAU1P80
Citizens Bank NA/Providence RI
75524KPT5
1540000.00000000
PA
USD
1536539.59000000
0.156108620577
Long
DBT
CORP
US
N
2
2025-10-24
Fixed
6.06400000
N
N
N
N
N
N
Navient Student Loan Trust
N/A
Navient Private Education Refi Loan Trust 2020-H
63935BAA1
1213378.21000000
PA
USD
1134691.12000000
0.115281810294
Long
ABS-O
CORP
US
N
2
2069-01-15
Fixed
1.31000000
N
N
N
N
N
N
GOLDMAN SACHS BANK USA
KD3XUN7C6T14HNAYLU02
Goldman Sachs Bank USA/New York NY
38151LAF7
4300000.00000000
PA
USD
4318249.16000000
0.438723430273
Long
DBT
CORP
US
N
2
2027-03-18
Fixed
5.28300000
N
N
N
N
N
N
TRAVEL + LEISURE CO
T4VNTWMFQ7JQB65L7T35
Travel + Leisure Co
98310WAS7
1565000.00000000
PA
USD
1580537.32000000
0.160578681084
Long
DBT
CORP
US
N
2
2026-07-31
Fixed
6.62500000
N
N
N
N
N
N
BENCHMARK Mortgage Trust
N/A
Benchmark 2018-B6 Mortgage Trust
08162CAJ9
117695356.94000000
PA
USD
1267072.90000000
0.128731471598
Long
ABS-MBS
CORP
US
N
2
2051-10-10
Variable
0.39631500
N
N
N
N
N
N
US TREASURY N/B
254900HROIFWPRGM1V77
United States Treasury Note/Bond
91282CHU8
134953000.00000000
PA
USD
135237667.16000000
13.73981237308
Long
DBT
UST
US
N
2
2026-08-15
Fixed
4.37500000
N
N
N
N
N
N
SIRIUS XM RADIO INC
WP5O65E6BMU84LNO4227
Sirius XM Radio Inc
82967NBL1
1550000.00000000
PA
USD
1473649.02000000
0.149719094271
Long
DBT
CORP
US
N
2
2026-09-01
Fixed
3.12500000
N
N
N
N
N
N
BPCE SA
9695005MSX1OYEMGDF46
BPCE SA
05583JAN2
3245000.00000000
PA
USD
3273903.96000000
0.332620541913
Long
DBT
CORP
FR
N
2
2027-01-18
Fixed
5.97500000
N
N
N
N
N
N
AIR LEASE CORP
5493004NW4M4P8TMMK63
Air Lease Corp
00914AAJ1
4576000.00000000
PA
USD
4425363.98000000
0.449606030957
Long
DBT
CORP
US
N
2
2026-01-15
Fixed
2.87500000
N
N
N
N
N
N
TOLL BROS FINANCE CORP
N/A
Toll Brothers Finance Corp
88947EAR1
1380000.00000000
PA
USD
1373169.40000000
0.139510613490
Long
DBT
CORP
US
N
2
2025-11-15
Fixed
4.87500000
N
N
N
N
N
N
GLENCORE FUNDING LLC
213800STG1QDNBY87K49
Glencore Funding LLC
378272BR8
1770000.00000000
PA
USD
1787953.45000000
0.181651646695
Long
DBT
CORP
US
N
2
2027-04-04
Fixed
5.33800000
N
N
N
N
N
N
Santander Bank Auto Credit-Lin
N/A
Santander Bank Auto Credit-Linked Notes Series 2022-B
80290CAY0
541162.48000000
PA
USD
541298.96000000
0.054994635032
Long
ABS-O
CORP
US
N
2
2032-08-16
Fixed
5.91600000
N
N
N
N
N
N
US TREASURY N/B
254900HROIFWPRGM1V77
United States Treasury Note/Bond
91282CKV2
11920000.00000000
PA
USD
12100196.90000000
1.229350066255
Long
DBT
UST
US
N
2
2027-06-15
Fixed
4.62500000
N
N
N
N
N
N
Navient Student Loan Trust
N/A
Navient Private Education Refi Loan Trust 2021-F
63942GAA1
4561198.01000000
PA
USD
3948527.86000000
0.401160660972
Long
ABS-O
CORP
US
N
2
2070-02-18
Fixed
1.11000000
N
N
N
N
N
N
COMMONSPIRIT HEALTH
4SXHN5XW08IBO0UG2V58
CommonSpirit Health
20268JAK9
3190000.00000000
PA
USD
3315297.94000000
0.336826067863
Long
DBT
CORP
US
N
2
2027-11-01
Fixed
6.07300000
N
N
N
N
N
N
Oaktown Re Ltd
N/A
Oaktown Re VII Ltd
67389JAA6
867692.64000000
PA
USD
868448.05000000
0.088232173131
Long
ABS-MBS
CORP
BM
N
2
2034-04-25
Floating
6.94714000
N
N
N
N
N
N
Santander Drive Auto Receivabl
N/A
Santander Drive Auto Receivables Trust 2023-S1
80286QAA7
2733514.92000000
PA
USD
2756232.62000000
0.280026414612
Long
ABS-O
CORP
US
N
2
2028-04-18
Fixed
8.14000000
N
N
N
N
N
N
TERRAFORM POWER OPERATIN
5493000S2OLR3UT5BE13
TerraForm Power Operating LLC
88104LAE3
1550000.00000000
PA
USD
1494935.94000000
0.151881792674
Long
DBT
CORP
US
N
2
2028-01-31
Fixed
5.00000000
N
N
N
N
N
N
BX Trust
N/A
BX Commercial Mortgage Trust 2020-VKNG
12433YAG2
4781000.00000000
PA
USD
4733105.38000000
0.480871795772
Long
ABS-MBS
CORP
US
N
2
2037-10-15
Floating
6.57348000
N
N
N
N
N
N
JPMORGAN CHASE & CO
8I5DZWZKVSZI1NUHU748
JPMorgan Chase & Co
46647PEL6
2515000.00000000
PA
USD
2528368.73000000
0.256876007178
Long
DBT
CORP
US
N
2
2028-07-22
Fixed
4.97900000
N
N
N
N
N
N
VENTURE GLOBAL LNG INC
54930011XLBUWMQUC829
Venture Global LNG Inc
92332YAE1
1040000.00000000
PA
USD
1051510.95000000
0.106830910830
Long
DBT
CORP
US
N
2
2030-01-15
Fixed
7.00000000
N
N
N
N
N
N
CREDIT AGRICOLE SA
969500TJ5KRTCJQWXH05
Credit Agricole SA
22534PAE3
5605000.00000000
PA
USD
5679229.59000000
0.576995674570
Long
DBT
CORP
FR
N
2
2026-07-05
Fixed
5.58900000
N
N
N
N
N
N
Santander Bank Auto Credit-Lin
N/A
Santander Bank NA - SBCLN
80290CAE4
200163.89000000
PA
USD
198826.15000000
0.020200244896
Long
ABS-O
CORP
US
N
2
2031-12-15
Fixed
1.83300000
N
N
N
N
N
N
NATWEST GROUP PLC
2138005O9XJIJN4JPN90
NatWest Group PLC
639057AJ7
1440000.00000000
PA
USD
1454927.59000000
0.147817043304
Long
DBT
CORP
GB
N
2
2027-03-02
Fixed
5.84700000
N
N
N
N
N
N
Santander Bank Auto Credit-Lin
N/A
Santander Bank Auto Credit-Linked Notes Series 2023-B
80290CCB8
2250000.00000000
PA
USD
2267980.65000000
0.230421222512
Long
ABS-O
CORP
US
N
2
2033-12-15
Fixed
5.64000000
N
N
N
N
N
N
AUTOZONE INC
GA3JGKJ41LJKXDN23E90
AutoZone Inc
053332BE1
1735000.00000000
PA
USD
1744770.90000000
0.177264406459
Long
DBT
CORP
US
N
2
2026-07-15
Fixed
5.05000000
N
N
N
N
N
N
RENESAS ELECTRONICS CORP
5299000EPC47VJQOFB81
Renesas Electronics Corp
75972BAA9
5225000.00000000
PA
USD
5154314.48000000
0.523665598159
Long
DBT
CORP
JP
N
2
2024-11-26
Fixed
1.54300000
N
N
N
N
N
N
T-MOBILE USA INC
549300V2JRLO5DIFGE82
T-Mobile USA Inc
87264ABR5
865000.00000000
PA
USD
829336.22000000
0.084258507975
Long
DBT
CORP
US
N
2
2026-02-15
Fixed
2.25000000
N
N
N
N
N
N
BLACKSTONE PRIVATE CRE
549300ORP3TTCNXSYO43
Blackstone Private Credit Fund
09261HAP2
1690000.00000000
PA
USD
1666343.01000000
0.169296326884
Long
DBT
CORP
US
N
2
2025-01-15
Fixed
2.70000000
N
N
N
N
N
N
GENERAL MOTORS FINL CO
5493008B6JBRUJ90QL97
General Motors Financial Co Inc
37045XEF9
2065000.00000000
PA
USD
2075728.23000000
0.210888852319
Long
DBT
CORP
US
N
2
2026-04-06
Fixed
5.40000000
N
N
N
N
N
N
Freddie Mac - STACR
5493000ISONLNOUKGB71
Freddie Mac STACR REMIC Trust 2021-DNA6
35564KLU1
3100000.00000000
PA
USD
3218087.68000000
0.326949745968
Long
ABS-MBS
CORP
US
N
2
2041-10-25
Floating
8.74714000
N
N
N
N
N
N
NBN CO LTD
2549007CRZ2NT7S96A24
NBN Co Ltd
62878U2C5
3810000.00000000
PA
USD
3777431.62000000
0.383777706321
Long
DBT
CORP
AU
N
2
2024-10-08
Fixed
0.87500000
N
N
N
N
N
BX Trust
N/A
BX Trust 2024-VLT4
05612TAC9
3600000.00000000
PA
USD
3583095.12000000
0.364033598756
Long
ABS-MBS
CORP
US
N
2
2029-07-15
Floating
7.26956600
N
N
N
N
N
N
ARI Fleet Lease Trust
N/A
ARI Fleet Lease Trust 2024-B
04033HAC9
1400000.00000000
PA
USD
1423347.10000000
0.144608543658
Long
ABS-O
CORP
US
N
2
2033-04-15
Fixed
5.26000000
N
N
N
N
N
N
Enterprise Fleet Financing LLC
N/A
Enterprise Fleet Financing 2024-2 LLC
29375RAC0
2900000.00000000
PA
USD
2957573.12000000
0.300482111247
Long
ABS-O
CORP
US
N
2
2028-04-20
Fixed
5.61000000
N
N
N
N
N
N
EQT CORP
4NT01YGM4X7ZX86ISY52
EQT Corp
26884LAM1
3906000.00000000
PA
USD
3764044.63000000
0.382417621260
Long
DBT
CORP
US
N
2
2026-05-15
Fixed
3.12500000
N
N
N
N
N
N
LoanCore 2021-CRE5 Issuer, Ltd
N/A
LoanCore 2021-CRE5 Issuer Ltd
53947XAA0
3208181.22000000
PA
USD
3192743.45000000
0.324374834908
Long
ABS-CBDO
CORP
KY
N
2
2036-07-15
Floating
6.74328000
N
N
N
N
N
N
PHINIA INC
254900HG6MORZE1FFM18
Phinia Inc
71880KAA9
75000.00000000
PA
USD
76594.43000000
0.007781804575
Long
DBT
CORP
US
N
2
2029-04-15
Fixed
6.75000000
N
N
N
N
N
N
GENERAL MOTORS FINL CO
5493008B6JBRUJ90QL97
General Motors Financial Co Inc
37045XEX0
3130000.00000000
PA
USD
3162834.95000000
0.321336205309
Long
DBT
CORP
US
N
2
2027-07-15
Fixed
5.35000000
N
N
N
N
N
N
BLUE OWL TECHNOLOGY FINA
254900G5EZJSOD3UKL16
Blue Owl Technology Finance Corp
691205AE8
1520000.00000000
PA
USD
1437680.78000000
0.146064810081
Long
DBT
CORP
US
N
2
2026-06-17
Fixed
3.75000000
N
N
N
N
N
N
GREAT AMERICA LEASING RECEIVAB
N/A
GreatAmerica Leasing Receivables Funding LLC Series 2024-2
39154GAC0
2600000.00000000
PA
USD
2611359.40000000
0.265307653911
Long
ABS-O
CORP
US
N
2
2028-09-15
Fixed
5.00000000
N
N
N
N
N
N
CAMPBELL SOUP CO
5493007JDSMX8Z5Z1902
Campbell Soup Co
134429BM0
1600000.00000000
PA
USD
1623630.16000000
0.164956807006
Long
DBT
CORP
US
N
2
2027-03-19
Fixed
5.20000000
N
N
N
N
N
JPMorgan Chase Bank, NA - CACL
N/A
JPMorgan Chase Bank NA - CACLN
48128U2N8
30012.78000000
PA
USD
29755.89000000
0.003023124800
Long
ABS-O
CORP
US
N
2
2028-12-26
Fixed
0.96900000
N
N
N
N
N
N
Greystone Commercial Real Esta
N/A
Greystone CRE Notes 2019-FL2 Ltd
39809LAA2
583585.45000000
PA
USD
585054.92000000
0.059440132306
Long
ABS-CBDO
CORP
KY
N
2
2037-09-15
Floating
6.62328000
N
N
N
N
N
N
New Residential Mortgage Loan
N/A
New Residential Mortgage Loan Trust 2017-1
64829JAA1
2030110.78000000
PA
USD
1957671.15000000
0.198894545092
Long
ABS-MBS
CORP
US
N
2
2057-02-25
Variable
4.00000000
N
N
N
N
N
N
Taco Bell Funding, LLC
N/A
Taco Bell Funding LLC
87342RAC8
4598437.50000000
PA
USD
4561092.67000000
0.463395730036
Long
ABS-O
CORP
US
N
2
2046-05-25
Fixed
4.97000000
N
N
N
N
N
N
Fannie Mae - CAS
N/A
Connecticut Avenue Securities Trust 2022-R01
20754LAF6
3750000.00000000
PA
USD
3884892.75000000
0.394695491245
Long
ABS-MBS
CORP
US
N
2
2041-12-25
Floating
8.49714000
N
N
N
N
N
N
NATIONAL FUEL GAS CO
8JB38FFW1Y3C1HM8E841
National Fuel Gas Co
636180BS9
5000000.00000000
PA
USD
5045553.55000000
0.512615756772
Long
DBT
CORP
US
N
2
2026-10-01
Fixed
5.50000000
N
N
N
N
N
N
UBS GROUP AG
549300SZJ9VS8SGXAN81
UBS Group AG
225401BC1
2240000.00000000
PA
USD
2302102.79000000
0.233887947510
Long
DBT
CORP
CH
N
2
2027-12-22
Fixed
6.32700000
N
N
N
N
N
N
JPMORGAN CHASE & CO
8I5DZWZKVSZI1NUHU748
JPMorgan Chase & Co
46647PEA0
1390000.00000000
PA
USD
1396464.63000000
0.141877351220
Long
DBT
CORP
US
N
2
2028-01-23
Fixed
5.04000000
N
N
N
N
N
N
Carvana Auto Receivables Trust
N/A
Carvana Auto Receivables Trust 2024-P2
14688PAC8
3150000.00000000
PA
USD
3185847.63000000
0.323674236658
Long
ABS-O
CORP
US
N
2
2029-07-10
Fixed
5.33000000
N
N
N
N
N
N
Shelter Growth CRE
N/A
Shelter Growth CRE 2023-FL5 Issuer Ltd
82286FAA7
3100000.00000000
PA
USD
3125699.00000000
0.317563284672
Long
ABS-CBDO
CORP
BM
N
2
2038-05-19
Floating
8.09519000
N
N
N
N
N
N
FREEPORT-MCMORAN INC
549300IRDTHJQ1PVET45
Freeport-McMoRan Inc
35671DBL8
580000.00000000
PA
USD
578605.10000000
0.058784846552
Long
DBT
CORP
US
N
2
2024-11-14
Fixed
4.55000000
N
N
N
N
N
N
US TREASURY N/B
254900HROIFWPRGM1V77
United States Treasury Note/Bond
91282CGV7
41261000.00000000
PA
USD
40839525.49000000
4.149194743020
Long
DBT
UST
US
N
2
2026-04-15
Fixed
3.75000000
N
N
N
N
N
N
MACQUARIE GROUP LTD
ACMHD8HWFMFUIQQ8Y590
Macquarie Group Ltd
55608JBA5
3415000.00000000
PA
USD
3383957.89000000
0.343801748901
Long
DBT
CORP
AU
N
2
2025-10-14
Fixed
1.20100000
N
N
N
N
N
N
PFS Financing Corp.
N/A
PFS Financing Corp
69335PFE0
4150000.00000000
PA
USD
4169401.25000000
0.423600850903
Long
ABS-O
CORP
US
N
2
2029-02-15
Fixed
4.95000000
N
N
N
N
N
N
XHR LP
549300M88BPT83ZL2164
XHR LP
98372MAA3
615000.00000000
PA
USD
615584.25000000
0.062541836697
Long
DBT
CORP
US
N
2
2025-08-15
Fixed
6.37500000
N
N
N
N
N
N
US TREASURY N/B
254900HROIFWPRGM1V77
United States Treasury Note/Bond
91282CKR1
13435000.00000000
PA
USD
13575122.89000000
1.379198897519
Long
DBT
UST
US
N
2
2027-05-15
Fixed
4.50000000
N
N
N
N
N
N
ABN AMRO BANK NV
BFXS5XCH7N0Y05NIXW11
ABN AMRO Bank NV
00084DBA7
2400000.00000000
PA
USD
2456526.36000000
0.249577000141
Long
DBT
CORP
NL
N
2
2027-09-18
Fixed
6.33900000
N
N
N
N
N
N
Freddie Mac - STACR
529900GRKKKHILZX4347
Freddie Mac STACR REMIC Trust 2024-DNA2
35564NCX9
1892840.96000000
PA
USD
1897373.56000000
0.192768459139
Long
ABS-MBS
CORP
US
N
2
2044-05-25
Floating
6.54714000
N
N
N
N
N
N
BX Trust
N/A
BX Trust 2021-ARIA
05608RAA3
4550000.00000000
PA
USD
4494572.36000000
0.456637431127
Long
ABS-MBS
CORP
US
N
2
2036-10-15
Floating
6.34258000
N
N
N
N
N
N
Freddie Mac - STACR
529900GRKKKHILZX4347
Freddie Mac STACR REMIC Trust 2024-DNA2
35564NCW1
4213605.40000000
PA
USD
4223664.12000000
0.429113824235
Long
ABS-MBS
CORP
US
N
2
2044-05-25
Floating
6.59714000
N
N
N
N
N
N
HCA INC
L3CJ6J7LJ2DX62FTXD46
HCA Inc
404119BR9
1380000.00000000
PA
USD
1377573.88000000
0.139958097760
Long
DBT
CORP
US
N
2
2025-02-01
Fixed
5.37500000
N
N
N
N
N
N
WARNERMEDIA HOLDINGS INC
549300DXR29GD4N0A520
Warnermedia Holdings Inc
55903VBA0
5070000.00000000
PA
USD
4830472.82000000
0.490764086765
Long
DBT
CORP
US
N
2
2027-03-15
Fixed
3.75500000
N
N
N
N
N
N
CCO HLDGS LLC/CAP CORP
N/A
CCO Holdings LLC / CCO Holdings Capital Corp
1248EPBT9
1550000.00000000
PA
USD
1506769.94000000
0.153084097794
Long
DBT
CORP
US
N
2
2027-05-01
Fixed
5.12500000
N
N
N
N
N
N
ALLIANT ENERGY FINANCE
54930033ER6EOI5DL570
Alliant Energy Finance LLC
01882YAF3
1270000.00000000
PA
USD
1287907.28000000
0.130848193057
Long
DBT
CORP
US
N
2
2027-06-06
Fixed
5.40000000
N
N
N
N
N
N
USA COM PART/USA COM FIN
N/A
USA Compression Partners LP / USA Compression Finance Corp
91740PAG3
1010000.00000000
PA
USD
1028507.19000000
0.104493785730
Long
DBT
CORP
US
N
2
2029-03-15
Fixed
7.12500000
N
N
N
N
N
N
ONE Park Mortgage Trust
N/A
ONE 2021-PARK Mortgage Trust
682413AA7
6450000.00000000
PA
USD
6269097.50000000
0.636924794751
Long
ABS-MBS
CORP
US
N
2
2036-03-15
Floating
6.14348000
N
N
N
N
N
N
ONEOK INC
2T3D6M0JSY48PSZI1Q41
ONEOK Inc
682680BH5
1930000.00000000
PA
USD
1957609.83000000
0.198888315132
Long
DBT
CORP
US
N
2
2026-11-01
Fixed
5.55000000
N
N
N
N
N
N
US TREASURY N/B
254900HROIFWPRGM1V77
United States Treasury Note/Bond
91282CEY3
3555000.00000000
PA
USD
3498075.81000000
0.355395847218
Long
DBT
UST
US
N
2
2025-07-15
Fixed
3.00000000
N
N
N
N
N
N
AT&T Inc
N/A
AT&T Inc
000000000
7500000.00000000
PA
USD
7435910.63000000
0.755470121784
Long
DBT
CORP
US
N
2
2024-09-26
None
0.00000000
N
N
N
N
N
N
GOLDMAN SACHS GROUP INC
784F5XWPLTWKTBV3E584
Goldman Sachs Group Inc/The
38141GXS8
3600000.00000000
PA
USD
3512667.49000000
0.356878325803
Long
DBT
CORP
US
N
2
2026-02-12
Fixed
0.85500000
N
N
N
N
N
N
Ally Bank Auto Credit-Linked N
N/A
Ally Bank Auto Credit-Linked Notes Series 2024-A
02007GZ71
1871538.90000000
PA
USD
1886080.38000000
0.191621099993
Long
ABS-O
CORP
US
N
2
2032-05-17
Fixed
6.31500000
N
N
N
N
N
N
SUMITOMO MITSUI FINL GRP
35380028MYWPB6AUO129
Sumitomo Mitsui Financial Group Inc
86562MCT5
6385000.00000000
PA
USD
6428296.37000000
0.653099006047
Long
DBT
CORP
JP
N
2
2026-01-13
Fixed
5.46400000
N
N
N
N
N
N
Enterprise Fleet Financing LLC
N/A
Enterprise Fleet Financing 2024-1 LLC
29375PAC4
1900000.00000000
PA
USD
1926965.94000000
0.195774971728
Long
ABS-O
CORP
US
N
2
2030-09-20
Fixed
5.16000000
N
N
N
N
N
N
BOEING CO/THE
RVHJWBXLJ1RFUBSY1F30
Boeing Co/The
097023DH5
1900000.00000000
PA
USD
1941989.32000000
0.197301309965
Long
DBT
CORP
US
N
2
2027-05-01
Fixed
6.25900000
N
N
N
N
N
N
Capital Automotive Reit
N/A
CARS-DB5 LP
12510HAK6
8544692.88000000
PA
USD
7879026.27000000
0.800489574434
Long
ABS-O
CORP
US
N
2
2051-08-15
Fixed
1.44000000
N
N
N
N
N
N
REGAL REXNORD CORP
QH78R09VCJGQKPBPYU33
Regal Rexnord Corp
758750AL7
2945000.00000000
PA
USD
2968873.85000000
0.301630237455
Long
DBT
CORP
US
N
2
2026-02-15
Fixed
6.05000000
N
N
N
N
N
N
Enterprise Fleet Financing LLC
N/A
Enterprise Fleet Financing 2023-1 LLC
29375CAB5
8033982.51000000
PA
USD
8044257.97000000
0.817276706331
Long
ABS-O
CORP
US
N
2
2029-01-22
Fixed
5.51000000
N
N
N
N
N
N
CNTRPT 0 08/01/24
N/A
CNTRPT 0 08/01/24
000000000
10000000.00000000
PA
USD
9998506.50000000
1.015823521701
Long
DBT
CORP
US
N
2
2024-08-01
None
0.00000000
N
N
N
N
N
N
F&G GLOBAL FUNDING
6354009CCUKJIZ7KFX73
F&G Global Funding
30321L2B7
8005000.00000000
PA
USD
7949297.61000000
0.807628968710
Long
DBT
CORP
US
N
2
2024-09-20
Fixed
0.90000000
N
N
N
N
N
N
VICI PROPERTIES / NOTE
N/A
VICI Properties LP / VICI Note Co Inc
92564RAC9
1700000.00000000
PA
USD
1677422.47000000
0.170421972607
Long
DBT
CORP
US
N
2
2025-02-15
Fixed
3.50000000
N
N
N
N
N
N
FS KKR CAPITAL CORP
549300TYRSI1T21B1360
FS KKR Capital Corp
30313RAA7
3980000.00000000
PA
USD
3942400.10000000
0.400538095718
Long
DBT
CORP
US
N
2
2025-02-14
Fixed
4.25000000
N
N
N
N
N
N
GOLDMAN SACHS GROUP INC
784F5XWPLTWKTBV3E584
Goldman Sachs Group Inc/The
38145GAM2
4655000.00000000
PA
USD
4678433.18000000
0.475317235524
Long
DBT
CORP
US
N
2
2026-08-10
Fixed
5.79800000
N
N
N
N
N
N
CarMax Auto Owner Trust
N/A
Carmax Auto Owner Trust 2024-3
14319GAH4
2850000.00000000
PA
USD
2869354.35000000
0.291519302490
Long
ABS-O
CORP
US
N
2
2031-01-15
Fixed
5.67000000
N
N
N
N
N
N
HYUNDAI CAPITAL AMERICA
549300RIPPWJB5Z0FK07
Hyundai Capital America
44891ACT2
2230000.00000000
PA
USD
2244041.51000000
0.227989065120
Long
DBT
CORP
US
N
2
2027-01-08
Fixed
5.25000000
N
N
N
N
N
N
Carvana Auto Receivables Trust
N/A
Carvana Auto Receivables Trust 2024-P1
14688NAC3
8700000.00000000
PA
USD
8735120.16000000
0.887466595477
Long
ABS-O
CORP
US
N
2
2029-04-10
Fixed
5.05000000
N
N
N
N
N
N
JPMORGAN CHASE & CO
8I5DZWZKVSZI1NUHU748
JPMorgan Chase & Co
46647PCZ7
3540000.00000000
PA
USD
3507874.78000000
0.356391398325
Long
DBT
CORP
US
N
2
2026-04-26
Fixed
4.08000000
N
N
N
N
N
N
SMITH & NEPHEW PLC
213800ZTMDN8S67S1H61
Smith & Nephew PLC
83192PAC2
1070000.00000000
PA
USD
1079620.42000000
0.109686763432
Long
DBT
CORP
GB
N
2
2027-03-20
Fixed
5.15000000
N
N
N
N
N
N
CyrusOne Data Centers Issuer I
N/A
CyrusOne Data Centers Issuer I LLC
23284BAG9
3760000.00000000
PA
USD
3537949.44000000
0.359446909370
Long
ABS-O
CORP
US
N
2
2049-05-20
Fixed
4.50000000
N
N
N
N
N
N
BANCO SANTANDER SA
5493006QMFDDMYWIAM13
Banco Santander SA
05964HBF1
4000000.00000000
PA
USD
4038098.16000000
0.410260781834
Long
DBT
CORP
ES
N
2
2028-07-15
Fixed
5.36500000
N
N
N
N
N
N
LAS VEGAS SANDS CORP
549300DUOO1KXOHPM605
Las Vegas Sands Corp
517834AJ6
2300000.00000000
PA
USD
2337061.51000000
0.237439666966
Long
DBT
CORP
US
N
2
2027-06-01
Fixed
5.90000000
N
N
N
N
N
N
Capital Automotive Reit
N/A
CARS-DB4 LP
12510HAA8
1337302.97000000
PA
USD
1312891.84000000
0.133386562535
Long
ABS-O
CORP
US
N
2
2050-02-15
Fixed
2.69000000
N
N
N
N
N
N
US TREASURY N/B
254900HROIFWPRGM1V77
United States Treasury Note/Bond
91282CJT9
8080000.00000000
PA
USD
8049857.80000000
0.817845635204
Long
DBT
UST
US
N
2
2027-01-15
Fixed
4.00000000
N
N
N
N
N
N
Westlake Automobile Receivable
N/A
Westlake Automobile Receivables Trust 2021-3
96043JAL9
2000000.00000000
PA
USD
1938288.40000000
0.196925305650
Long
ABS-O
CORP
US
N
2
2027-01-15
Fixed
2.12000000
N
N
N
N
N
N
KEY BANK NA
HUX2X73FUCYHUVH1BK78
KeyBank NA/Cleveland OH
49327M3G7
1220000.00000000
PA
USD
1206428.52000000
0.122570152638
Long
DBT
CORP
US
N
2
2026-01-26
Fixed
4.70000000
N
N
N
N
N
Social Professional Loan Progr
N/A
SoFi Professional Loan Program 2021-B Trust
83405NAA4
5381352.03000000
PA
USD
4663688.47000000
0.473819209470
Long
ABS-O
CORP
US
N
2
2047-02-15
Fixed
1.14000000
N
N
N
N
N
N
MANUF & TRADERS TRUST CO
WWB2V0FCW3A0EE3ZJN75
Manufacturers & Traders Trust Co
55279HAV2
6245000.00000000
PA
USD
6189181.57000000
0.628805533994
Long
DBT
CORP
US
N
2
2026-01-27
Fixed
4.65000000
N
N
N
N
N
N
US TREASURY N/B
254900HROIFWPRGM1V77
United States Treasury Note/Bond
91282CKJ9
3485000.00000000
PA
USD
3519101.28000000
0.357531982948
Long
DBT
UST
US
N
2
2027-04-15
Fixed
4.50000000
N
N
N
N
N
N
AMERICAN EXPRESS CO
R4PP93JZOLY261QX3811
American Express Co
025816DG1
5650000.00000000
PA
USD
5703668.22000000
0.579478578911
Long
DBT
CORP
US
N
2
2027-07-28
Fixed
5.38900000
N
N
N
N
N
N
Social Professional Loan Progr
N/A
SOFI PROFESSIONAL LOAN PROGRAM 2021-A TRUST
83405YAA0
3219497.92000000
PA
USD
2779746.70000000
0.282415386961
Long
ABS-O
CORP
US
N
2
2043-08-17
Fixed
1.03000000
N
N
N
N
N
N
HESS MIDSTREAM OPERATION
N/A
Hess Midstream Operations LP
428102AG2
935000.00000000
PA
USD
953896.15000000
0.096913488672
Long
DBT
CORP
US
N
2
2029-06-01
Fixed
6.50000000
N
N
N
N
N
N
CVS HEALTH CORP
549300EJG376EN5NQE29
CVS Health Corp
126650DS6
960000.00000000
PA
USD
960132.68000000
0.097547104689
Long
DBT
CORP
US
N
2
2026-02-20
Fixed
5.00000000
N
N
N
N
N
N
ALBERTSONS COS/SAFEWAY
N/A
Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC
013092AF8
1595000.00000000
PA
USD
1543679.74000000
0.156834042150
Long
DBT
CORP
US
N
2
2026-03-15
Fixed
3.25000000
N
N
N
N
N
N
HYUNDAI CAPITAL AMERICA
549300RIPPWJB5Z0FK07
Hyundai Capital America
44891ACQ8
985000.00000000
PA
USD
998031.26000000
0.101397506647
Long
DBT
CORP
US
N
2
2025-11-03
Fixed
6.25000000
N
N
N
N
N
N
Radnor Re LTD
N/A
Radnor RE 2021-2 Ltd
75049GAA7
13499.85000000
PA
USD
13503.65000000
0.001371937428
Long
ABS-MBS
CORP
BM
N
2
2031-11-25
Floating
7.19714000
N
N
N
N
N
N
Provident Funding Mortgage Tru
N/A
Provident Funding Mortgage Trust 2020-F1
74387TAB0
3699295.61000000
PA
USD
3226385.80000000
0.327792814429
Long
ABS-MBS
CORP
US
N
2
2036-01-25
Variable
2.00000000
N
N
N
N
N
N
BrightSpire Capital, Inc
N/A
BRSP 2021-FL1 Ltd
05591XAA9
8197844.86000000
PA
USD
8115882.81000000
0.824553612858
Long
ABS-CBDO
CORP
KY
N
2
2038-08-19
Floating
6.60567000
N
N
N
N
N
N
CIVITAS RESOURCES INC
IIVIHPH28S64K95M2381
Civitas Resources Inc
17888HAA1
1430000.00000000
PA
USD
1503160.82000000
0.152717420132
Long
DBT
CORP
US
N
2
2028-07-01
Fixed
8.37500000
N
N
N
N
N
N
Fannie Mae - CAS
N/A
Connecticut Avenue Securities Trust 2024-R02
20754GAE0
2600000.00000000
PA
USD
2621036.34000000
0.266290807072
Long
ABS-MBS
CORP
US
N
2
2044-02-25
Floating
7.14714000
N
N
N
N
N
N
SBA TOWER TRUST
N/A
SBA Tower Trust
78403DAP5
2850000.00000000
PA
USD
2714058.71000000
0.275741649704
Long
DBT
CORP
US
N
2
2026-01-15
Fixed
1.88400000
N
N
N
N
N
N
Mondelez International, Inc.
N/A
Mondelez International, Inc.
000000000
4000000.00000000
PA
USD
3999398.16000000
0.406328957587
Long
DBT
CORP
US
N
2
2024-08-01
None
0.00000000
N
N
N
N
N
N
ENERGY TRANSFER LP
MTLVN9N7JE8MIBIJ1H73
Energy Transfer LP
29273VAR1
3585000.00000000
PA
USD
3667784.82000000
0.372637862734
Long
DBT
CORP
US
N
2
2026-12-01
Fixed
6.05000000
N
N
N
N
N
N
WILLIAMS COMPANIES INC
D71FAKCBLFS2O0RBPG08
Williams Cos Inc/The
969457CH1
1080000.00000000
PA
USD
1087704.90000000
0.110508126597
Long
DBT
CORP
US
N
2
2026-03-02
Fixed
5.40000000
N
N
N
N
N
N
CITIZENS BANK NA/RI
DRMSV1Q0EKMEXLAU1P80
Citizens Bank NA/Providence RI
75524KQB3
3000000.00000000
PA
USD
2990718.78000000
0.303849628293
Long
DBT
CORP
US
N
2
2026-01-26
Fixed
5.28400000
N
N
N
N
N
PAYDEN CASH RESERVES MONEY MARKET
N/A
PAYDEN CASH RESERVES MONEY MARKET
BYM4G6FJ5
7351432.00000000
NS
USD
7351432.00000000
0.746887301997
Long
EC
CORP
US
N
2
N
N
MERITAGE HOMES CORP
52990044W9UMFJO2FB97
Meritage Homes Corp
59001ABA9
680000.00000000
PA
USD
680707.13000000
0.069158160175
Long
DBT
CORP
US
N
2
2027-06-06
Fixed
5.12500000
N
N
N
N
N
N
MATCH GROUP HLD II LLC
5493003RFFE030RC9167
Match Group Holdings II LLC
57665RAG1
1550000.00000000
PA
USD
1508791.55000000
0.153289488368
Long
DBT
CORP
US
N
2
2027-12-15
Fixed
5.00000000
N
N
N
N
N
N
CONCENTRIX CORP
5493000EAJN1KMPVA737
Concentrix Corp
20602DAA9
2940000.00000000
PA
USD
3008114.89000000
0.305617030027
Long
DBT
CORP
US
N
2
2026-08-02
Fixed
6.65000000
N
N
N
N
N
Wingstop Funding LLC
N/A
Wingstop Funding LLC
974153AB4
4432500.00000000
PA
USD
4100031.03000000
0.416553008189
Long
ABS-O
CORP
US
N
2
2050-12-05
Fixed
2.84100000
N
N
N
N
N
N
TEXAS NATURAL GAS SECURITIZTN
N/A
Texas Natural Gas Securitization Finance Corp
88258MAA3
10253324.65000000
PA
USD
10437999.23000000
1.060474895658
Long
ABS-O
MUN
US
N
2
2035-04-01
Fixed
5.10200000
N
N
N
N
N
N
MORGAN STANLEY BANK NA
G1MLHIS0N32I3QPILB75
Morgan Stanley Bank NA
61690U8E3
2545000.00000000
PA
USD
2557531.76000000
0.259838898870
Long
DBT
CORP
US
N
2
2028-07-14
Fixed
4.96800000
N
N
N
N
N
N
BRAZOS SECURITIZATN LLC
N/A
Brazos Securitization LLC
106230AA3
2608618.70900000
PA
USD
2624852.12000000
0.266678480879
Long
DBT
CORP
US
N
2
2031-09-01
Fixed
5.01400000
N
N
N
N
N
N
BRIGHTHSE FIN GLBL FUND
549300BLFX3KJ2IFOA78
Brighthouse Financial Global Funding
10921U2H0
2165000.00000000
PA
USD
2126758.61000000
0.216073412666
Long
DBT
CORP
US
N
2
2025-01-13
Fixed
1.75000000
N
N
N
N
N
N
Hotwire Funding LLC
254900ZCO90MCT7Y9348
Hotwire Funding LLC
44148JAM1
1600000.00000000
PA
USD
1654408.00000000
0.168083759398
Long
ABS-O
CORP
US
N
2
2054-06-20
Fixed
9.18800000
N
N
N
N
N
N
SBA TOWER TRUST
N/A
SBA Tower Trust
78403DAT7
3800000.00000000
PA
USD
3503544.90000000
0.355951493231
Long
DBT
CORP
US
N
2
2026-11-15
Fixed
1.63100000
N
N
N
N
N
N
ALLISON TRANSMISSION INC
MWKQ3I0U1GXP2YDSZW75
Allison Transmission Inc
019736AE7
1550000.00000000
PA
USD
1514292.50000000
0.153848371277
Long
DBT
CORP
US
N
2
2027-10-01
Fixed
4.75000000
N
N
N
N
N
N
WESTINGHOUSE AIR BRAKE
06BTX5UWZD0GQ5N5Y745
Westinghouse Air Brake Technologies Corp
960386AQ3
1340000.00000000
PA
USD
1314589.29000000
0.133559019255
Long
DBT
CORP
US
N
2
2025-06-15
Fixed
3.20000000
N
N
N
N
N
N
New Residential Mortgage Loan
N/A
New Residential Mortgage Loan Trust 2017-4
64829NAA2
1352725.36000000
PA
USD
1294501.22000000
0.131518121046
Long
ABS-MBS
CORP
US
N
2
2057-05-25
Variable
4.00000000
N
N
N
N
N
N
Flagship Credit Auto Trust
N/A
Flagship Credit Auto Trust 2021-3
33846QAC5
1652046.25000000
PA
USD
1633331.21000000
0.165942409683
Long
ABS-O
CORP
US
N
2
2027-07-15
Fixed
0.95000000
N
N
N
N
N
N
Freddie Mac - STACR
5493000ISHRHX47NOH65
Freddie Mac STACR REMIC Trust 2021-HQA3
35564KJG5
1433478.34000000
PA
USD
1429716.46000000
0.145255654875
Long
ABS-MBS
CORP
US
N
2
2041-09-25
Floating
6.19714000
N
N
N
N
N
N
Freddie Mac - STACR
5493000ISOMSKCX2AW62
Freddie Mac STACR REMIC Trust 2021-DNA7
35564KND7
3000000.00000000
PA
USD
3125158.20000000
0.317508340730
Long
ABS-MBS
CORP
US
N
2
2041-11-25
Floating
8.99714000
N
N
N
N
N
N
Kubota Credit Owner Trust
N/A
Kubota Credit Owner Trust 2024-2
50117DAD8
1000000.00000000
PA
USD
1014944.00000000
0.103115799185
Long
ABS-O
CORP
US
N
2
2030-05-15
Fixed
5.19000000
N
N
N
N
N
N
Vantage Data Centers LLC
N/A
Vantage Data Centers Issuer LLC
92212KAB2
6550000.00000000
PA
USD
6261963.75000000
0.636200023402
Long
ABS-O
CORP
US
N
2
2045-09-15
Fixed
1.64500000
N
N
N
N
N
N
BANQUE FED CRED MUTUEL
VBHFXSYT7OG62HNT8T76
Banque Federative du Credit Mutuel SA
06675FBA4
4995000.00000000
PA
USD
5089581.97000000
0.517088935307
Long
DBT
CORP
FR
N
2
2026-07-13
Fixed
5.89600000
N
N
N
N
N
N
Diamond Issuer LLC
N/A
Diamond Issuer LLC
25267TAN1
7650000.00000000
PA
USD
7005961.04000000
0.711788307239
Long
ABS-O
CORP
US
N
2
2051-11-20
Fixed
2.30500000
N
N
N
N
N
N
Stack Infrastructure Issuer LL
N/A
Stack Infrastructure Issuer LLC
85236KAE2
2400000.00000000
PA
USD
2257758.72000000
0.229382699716
Long
ABS-O
CORP
US
N
2
2046-03-26
Fixed
1.87700000
N
N
N
N
N
N
SUMMIT MIDSTREAM HOLDING
N/A
Summit Midstream Holdings LLC
86614JAA3
935000.00000000
PA
USD
956545.70000000
0.097182676396
Long
DBT
CORP
US
N
2
2029-10-31
Fixed
8.62500000
N
N
N
N
N
N
HPEFS Equipment Trust
N/A
HPEFS Equipment Trust 2024-2
40444MAE1
3100000.00000000
PA
USD
3124569.67000000
0.317448547538
Long
ABS-O
CORP
US
N
2
2031-10-20
Fixed
5.36000000
N
N
N
N
N
N
MORGAN STANLEY
IGJSJL3JD5P30I6NJZ34
Morgan Stanley
61747YEX9
2905000.00000000
PA
USD
2938380.83000000
0.298532222070
Long
DBT
CORP
US
N
2
2026-10-16
Fixed
6.13800000
N
N
N
N
N
N
NATIONAL BANK OF CANADA
BSGEFEIOM18Y80CKCV46
National Bank of Canada
63307A3A1
4865000.00000000
PA
USD
4916772.31000000
0.499531901424
Long
DBT
CORP
CA
N
2
2027-07-02
Fixed
5.60000000
N
N
N
N
N
N
WELLS FARGO & COMPANY
PBLD0EJDB5FWOLXP3B76
Wells Fargo & Co
95000U3L5
1930000.00000000
PA
USD
1967917.67000000
0.199935566172
Long
DBT
CORP
US
N
2
2028-04-22
Fixed
5.70700000
N
N
N
N
N
N
SANTANDER HOLDINGS USA
549300SMVCQN2P0O6I58
Santander Holdings USA Inc
80282KBK1
795000.00000000
PA
USD
805715.97000000
0.081858749017
Long
DBT
CORP
US
N
2
2027-05-31
Fixed
6.12400000
N
N
N
N
N
N
BXMT Ltd
N/A
BXMT 2021-FL4 Ltd
05609GAA6
6788081.78000000
PA
USD
6489168.60000000
0.659283474003
Long
ABS-CBDO
CORP
US
N
2
2038-05-15
Floating
6.49907000
N
N
N
N
N
N
Fannie Mae - CAS
N/A
Connecticut Avenue Securities Trust 2020-SBT1
20753VCZ9
900000.00000000
PA
USD
957146.94000000
0.097243760893
Long
ABS-MBS
CORP
US
N
2
2040-02-25
Floating
9.11162000
N
N
N
N
N
N
BLACKSTONE SECURED LEND
549300KM7KWQHVBNH962
Blackstone Secured Lending Fund
09261XAB8
5000000.00000000
PA
USD
4699957.65000000
0.477504068419
Long
DBT
CORP
US
N
2
2026-09-16
Fixed
2.75000000
N
N
N
N
N
Santander Bank Auto Credit-Lin
N/A
Santander Bank Auto Credit-Linked Notes Series 2022-A
80290CAS3
882932.90000000
PA
USD
881838.77000000
0.089592637151
Long
ABS-O
CORP
US
N
2
2032-05-15
Fixed
5.28100000
N
N
N
N
N
N
SATURN OIL & GAS INC
549300G6BWJ7K6PIIY73
Saturn Oil & Gas Inc
80412LAA5
400000.00000000
PA
USD
411336.80000000
0.041790801134
Long
DBT
CORP
CA
N
2
2029-06-15
Fixed
9.62500000
N
N
N
N
N
N
Payden Cash Reserves Money Market Fund
549300SI0EB26HO5RT16
Payden Cash Reserves Money Market Fund
704329598
2272809.73000000
NS
USD
2272809.73000000
0.230911845092
Long
STIV
RF
US
N
1
N
N
N
CAPITAL ONE FINANCIAL CO
ZUE8T73ROZOF6FLBAR73
Capital One Financial Corp
14040HDB8
2605000.00000000
PA
USD
2716437.00000000
0.275983278084
Long
DBT
CORP
US
N
2
2027-10-29
Fixed
7.14900000
N
N
N
N
N
N
BLUE OWL CAPITAL CORP
2549000BD79OOCPF2L94
Blue Owl Capital Corp
69121KAC8
2160000.00000000
PA
USD
2118991.69000000
0.215284312811
Long
DBT
CORP
US
N
2
2025-07-22
Fixed
3.75000000
N
N
N
N
N
N
GRAPHIC PACKAGING INTERN
SO75N4VY5NXGQSK8YQ65
Graphic Packaging International LLC
38869PAM6
580000.00000000
PA
USD
579033.66000000
0.058828387188
Long
DBT
CORP
US
N
2
2024-08-15
Fixed
4.12500000
N
N
N
N
N
N
Santander Drive Auto Receivabl
N/A
Santander Drive Auto Receivables Trust 2023-4
802927AD5
5200000.00000000
PA
USD
5228304.12000000
0.531182762515
Long
ABS-O
CORP
US
N
2
2028-04-17
Fixed
5.73000000
N
N
N
N
N
N
DANSKE BANK A/S
MAES062Z21O4RZ2U7M96
Danske Bank A/S
23636ABG5
1960000.00000000
PA
USD
1984565.33000000
0.201626927238
Long
DBT
CORP
DK
N
2
2028-03-01
Fixed
5.42700000
N
N
N
N
N
N
Fannie Mae - CAS
B1V7KEBTPIMZEU4LTD58
Fannie Mae Connecticut Avenue Securities
20754KAB7
13150000.00000000
PA
USD
13245182.33000000
1.345677752975
Long
ABS-MBS
CORP
US
N
2
2041-11-25
Floating
7.34714000
N
N
N
N
N
N
VAR ENERGI ASA
549300LIVN3FFOJN2K47
Var Energi ASA
92212WAD2
1550000.00000000
PA
USD
1643814.09000000
0.167007444354
Long
DBT
CORP
NO
N
2
2028-01-15
Fixed
7.50000000
N
N
N
N
N
N
Fannie Mae - CAS
N/A
Connecticut Avenue Securities Trust 2024-R05
20754XAB9
5000000.00000000
PA
USD
5007030.00000000
0.508701859408
Long
ABS-MBS
CORP
US
N
2
2044-07-25
Floating
6.33576000
N
N
N
N
N
N
WHISTLER PIPELINE LLC
549300NG57SGLTNW5C85
Whistler Pipeline LLC
96337RAA0
3650000.00000000
PA
USD
3686958.73000000
0.374585884549
Long
DBT
CORP
US
N
2
2029-09-30
Fixed
5.40000000
N
N
N
N
N
N
OneMain Financial Issuance Tru
N/A
OneMain Financial Issuance Trust 2022-2
68268VAA3
6500000.00000000
PA
USD
6468217.60000000
0.657154904241
Long
ABS-O
CORP
US
N
2
2034-10-14
Fixed
4.89000000
N
N
N
N
N
N
BofA Auto Trust
N/A
BofA Auto Trust 2024-1
09709AAD4
1900000.00000000
PA
USD
1939783.91000000
0.197077245766
Long
ABS-O
CORP
US
N
2
2030-06-17
Fixed
5.31000000
N
N
N
N
N
N
FORD MOTOR CREDIT CO LLC
UDSQCVRUX5BONN0VY111
Ford Motor Credit Co LLC
345397B85
5450000.00000000
PA
USD
5349153.64000000
0.543460774737
Long
DBT
CORP
US
N
2
2025-02-10
Fixed
2.30000000
N
N
N
N
N
N
OneMain Financial Issuance Tru
N/A
OneMain Financial Issuance Trust 2021-1
68269MAB0
8400000.00000000
PA
USD
8402073.12000000
0.853629840251
Long
ABS-O
CORP
US
N
2
2036-06-16
Floating
6.09741000
N
N
N
N
N
N
Carvana Auto Receivables Trust
N/A
Carvana Auto Receivables Trust 2021-P3
14687JAF6
1800000.00000000
PA
USD
1701218.88000000
0.172839628985
Long
ABS-O
CORP
US
N
2
2027-06-10
Fixed
1.03000000
N
N
N
N
N
N
Fannie Mae - CAS
549300Z5THZ1JXIHVK60
Connecticut Avenue Securities Trust 2019-HRP1
20754PAC4
1373674.41000000
PA
USD
1397744.48000000
0.142007380813
Long
ABS-MBS
CORP
US
N
2
2039-11-25
Floating
7.61162000
N
N
N
N
N
N
GE HEALTHCARE TECH INC
549300OI9J7XOWZMUN85
GE HealthCare Technologies Inc
36267VAD5
2250000.00000000
PA
USD
2263519.91000000
0.229968022365
Long
DBT
CORP
US
N
2
2025-11-15
Fixed
5.60000000
N
N
N
N
N
N
Navient Student Loan Trust
N/A
Navient Private Education Refi Loan Trust 2022-A
63942MAA8
4904949.21000000
PA
USD
4411465.21000000
0.448193950314
Long
ABS-O
CORP
US
N
2
2070-07-15
Fixed
2.23000000
N
N
N
N
N
N
Glencore Funding LLC
N/A
Glencore Funding LLC
000000000
7500000.00000000
PA
USD
7494237.38000000
0.761395975270
Long
DBT
CORP
US
N
2
2024-08-05
None
0.00000000
N
N
N
N
N
N
CALIFORNIA ST EARTHQUAKE AUTH
254900P2MGLOUH3QS859
California Earthquake Authority
13017HAP1
2330000.00000000
PA
USD
2346933.18000000
0.238442604213
Long
DBT
MUN
US
N
2
2027-07-01
Fixed
5.60300000
N
N
N
N
N
N
Fannie Mae - CAS
N/A
Connecticut Avenue Securities Trust 2024-R01
20753UAB6
2700000.00000000
PA
USD
2727100.44000000
0.277066657204
Long
ABS-MBS
CORP
US
N
2
2044-01-25
Floating
7.14714000
N
N
N
N
N
N
GM Financial Securitized Term
N/A
GM Financial Consumer Automobile Receivables Trust 2024-1
36268GAD7
2100000.00000000
PA
USD
2107036.89000000
0.214069734710
Long
ABS-O
CORP
US
N
2
2028-12-18
Fixed
4.85000000
N
N
N
N
N
N
TRANSOCEAN INC
DOL4HJ22ADYSIWES4H94
Transocean Inc
893830BY4
990000.00000000
PA
USD
1011526.56000000
0.102768595737
Long
DBT
CORP
KY
N
2
2029-05-15
Fixed
8.25000000
N
N
N
N
N
N
BOARD OF TRADE OF THE CITY OF CHICAGO, INC.
549300EX04Q2QBFQTQ27
US 5 YEAR TREASURY NOTE
000000000
25.00000000
NC
USD
51283.00000000
0.005210225913
N/A
DIR
CORP
US
N
1
BOARD OF TRADE OF THE CITY OF CHICAGO, INC.
549300EX04Q2QBFQTQ27
Long
US TREASURY N/B
United States Treasury Note/Bond
2024-09-30
2645982.75000000
USD
51283.00000000
N
N
N
Greystone Commercial Real Esta
N/A
Greystone CRE Notes 2021-HC2 LTD
39809XAA6
3750000.00000000
PA
USD
3720000.00000000
0.377942795829
Long
ABS-CBDO
CORP
KY
N
2
2039-12-15
Floating
7.24328000
N
N
N
N
N
N
US TREASURY N/B
254900HROIFWPRGM1V77
United States Treasury Note/Bond
91282CJE2
16350000.00000000
PA
USD
16425363.36000000
1.668776277094
Long
DBT
UST
US
N
2
2025-10-31
Fixed
5.00000000
N
N
N
N
N
N
STARWOOD PROPERTY TRUST
BUGSFQZERKRBFWIG5267
Starwood Property Trust Inc
85571BAL9
1570000.00000000
PA
USD
1558067.53000000
0.158295806015
Long
DBT
CORP
US
N
2
2025-03-15
Fixed
4.75000000
N
N
N
N
N
N
FIRST-CITIZENS BANK/TRST
L9VVX1KT5TFTKS0MLF66
First-Citizens Bank & Trust Co
12556LBJ4
2030000.00000000
PA
USD
2020219.70000000
0.205249323012
Long
DBT
CORP
US
N
2
2025-09-27
Fixed
2.96900000
N
N
N
N
N
N
MAIN STREET CAPITAL CORP
5493001FS9QJLJNF3E20
Main Street Capital Corp
56035LAH7
710000.00000000
PA
USD
735023.10000000
0.074676528336
Long
DBT
CORP
US
N
2
2029-03-01
Fixed
6.95000000
N
N
N
N
N
N
DAIMLER TRUCK FINAN NA
5493003HSDTSCZRXBA58
Daimler Truck Finance North America LLC
233853AY6
1770000.00000000
PA
USD
1786315.63000000
0.181485248235
Long
DBT
CORP
US
N
2
2027-09-25
Fixed
5.12500000
N
N
N
N
N
N
New Residential Mortgage Loan
N/A
New Residential Mortgage Loan Trust 2017-3
64828MAA5
1549819.93000000
PA
USD
1481487.59000000
0.150515473589
Long
ABS-MBS
CORP
US
N
2
2057-04-25
Variable
4.00000000
N
N
N
N
N
N
Westlake Automobile Receivable
N/A
Westlake Automobile Receivables Trust 2023-2
959926AD8
10000000.00000000
PA
USD
10021880.00000000
1.018198211469
Long
ABS-O
CORP
US
N
2
2027-02-16
Fixed
5.80000000
N
N
N
N
N
N
HYUNDAI CAPITAL AMERICA
549300RIPPWJB5Z0FK07
Hyundai Capital America
44891ACG0
6240000.00000000
PA
USD
6308900.15000000
0.640968645510
Long
DBT
CORP
US
N
2
2026-06-26
Fixed
5.65000000
N
N
N
N
N
N
ATHENE GLOBAL FUNDING
549300LM1QSI4MSIL320
Athene Global Funding
04685A3T6
4945000.00000000
PA
USD
5009541.35000000
0.508957006355
Long
DBT
CORP
US
N
2
2027-03-25
Fixed
5.51600000
N
N
N
N
N
N
AKER BP ASA
549300NFTY73920OYK69
Aker BP ASA
00973RAG8
3725000.00000000
PA
USD
3589963.98000000
0.364731457937
Long
DBT
CORP
NO
N
2
2026-01-15
Fixed
2.87500000
N
N
N
N
N
N
ONEMAIN FINANCE CORP
5493008I795YYBFWFU90
OneMain Finance Corp
85172FAN9
1560000.00000000
PA
USD
1587743.04000000
0.161310764407
Long
DBT
CORP
US
N
2
2026-03-15
Fixed
7.12500000
N
N
N
N
N
N
PLAINS ALL AMER PIPELINE
N/A
Plains All American Pipeline LP / PAA Finance Corp
72650RBL5
2300000.00000000
PA
USD
2275803.06000000
0.231215960014
Long
DBT
CORP
US
N
2
2026-12-15
Fixed
4.50000000
N
N
N
N
N
N
Canadian National Railway Company
N/A
Canadian National Railway Company
000000000
7500000.00000000
PA
USD
7467458.93000000
0.758675351006
Long
DBT
CORP
US
N
2
2024-08-29
None
0.00000000
N
N
N
N
N
N
US TREASURY N/B
254900HROIFWPRGM1V77
United States Treasury Note/Bond
91282CGL9
21067000.00000000
PA
USD
20925867.53000000
2.126016365441
Long
DBT
UST
US
N
2
2026-02-15
Fixed
4.00000000
N
N
N
N
N
N
BANK OF AMERICA CORP
9DJT3UXIJIZJI4WXO774
Bank of America Corp
06051GKE8
6270000.00000000
PA
USD
6182803.80000000
0.628157568343
Long
DBT
CORP
US
N
2
2025-12-06
Fixed
1.53000000
N
N
N
N
N
N
GENERAL MOTORS FINL CO
5493008B6JBRUJ90QL97
General Motors Financial Co Inc
37045XEQ5
1315000.00000000
PA
USD
1329984.52000000
0.135123136531
Long
DBT
CORP
US
N
2
2027-05-08
Fixed
5.40000000
N
N
N
N
N
N
Ladder Capital Commercial Mort
N/A
LCCM 2021-FL2 Trust
50202KAA4
4264474.54000000
PA
USD
4214034.34000000
0.428135462414
Long
ABS-CBDO
CORP
US
N
2
2038-12-13
Floating
6.64328000
N
N
N
N
N
N
PENSKE TRUCK LEASING/PTL
N/A
Penske Truck Leasing Co Lp / PTL Finance Corp
709599BY9
1025000.00000000
PA
USD
1035164.70000000
0.105170172274
Long
DBT
CORP
US
N
2
2027-01-12
Fixed
5.35000000
N
N
N
N
N
N
OCP CLO Ltd
2549001TBA76KDJQIQ68
OCP CLO 2014-6 Ltd
67106BAY3
3450000.00000000
PA
USD
3454850.70000000
0.351004282992
Long
ABS-CBDO
CORP
KY
N
2
2030-10-17
Floating
7.18577000
N
N
N
N
N
N
VOLKSWAGEN GROUP AMERICA
5493002SQ1AVQBY41K40
Volkswagen Group of America Finance LLC
928668CF7
3590000.00000000
PA
USD
3632373.09000000
0.369040118583
Long
DBT
CORP
US
N
2
2027-03-22
Fixed
5.30000000
N
N
N
N
N
N
TRANSCANADA PIPELINES
5BV01I6231JPDAPMGH09
TransCanada PipeLines Ltd
89352HBE8
3830000.00000000
PA
USD
3832952.51000000
0.389418491373
Long
DBT
CORP
CA
N
2
2026-03-09
Fixed
6.20300000
N
N
N
N
N
N
BANQUE FED CRED MUTUEL
VBHFXSYT7OG62HNT8T76
Banque Federative du Credit Mutuel SA
06675FBC0
2225000.00000000
PA
USD
2235021.07000000
0.227072610734
Long
DBT
CORP
FR
N
2
2027-01-23
Fixed
5.08800000
N
N
N
N
N
N
AMERICAN ELECTRIC POWER
1B4S6S7G0TW5EE83BO58
American Electric Power Co Inc
02557TAD1
2800000.00000000
PA
USD
2811071.37000000
0.285597895928
Long
DBT
CORP
US
N
2
2025-08-15
Fixed
5.69900000
N
N
N
N
N
N
DTE ENERGY CO
549300IX8SD6XXD71I78
DTE Energy Co
233331BM8
1485000.00000000
PA
USD
1490816.42000000
0.151463259635
Long
DBT
CORP
US
N
2
2027-07-01
Fixed
4.95000000
N
N
N
N
N
N
Switch ABS Issuer, LLC
N/A
Switch ABS Issuer LLC
871044AE3
5000000.00000000
PA
USD
4960056.50000000
0.503929468032
Long
ABS-O
CORP
US
N
2
2054-06-25
Fixed
5.43600000
N
N
N
N
N
N
2024-09-23
PAYDEN & RYGEL INVESTMENT GROUP
Sandi Brents
Sandi Brents
Compliance Officer
XXXX
NPORT-EX
2
PR12PR073124.htm
Schedule
of
Investments
-
July
31,
2024
(Unaudited)
Principal
or
Shares
Security
Description
Value
(000)
Asset
Backed
(23%
)
1,871,539
Ally
Bank
Auto
Credit-Linked
Notes
Series
2024-A
144A,
6.32%,
5/17/32 (a)
$
1,886
1,400,000
ARI
Fleet
Lease
Trust
2024-B
144A,
5.26%,
4/15/33 (a)
1,423
1,900,000
BofA
Auto
Trust
2024-1A
144A,
5.31%,
6/17/30 (a)
1,940
8,197,845
BRSP
Ltd.
2021-FL1
144A,
(1
mo.
Term
Secured
Overnight
Financing
Rate
+
1.264%),
6.61%,
8/19/38 (a)(b)
8,116
4,000,000
BSPRT
Issuer
Ltd.
2023-FL10
144A,
(1
mo.
Term
Secured
Overnight
Financing
Rate
+
2.259%),
7.59%,
9/15/35 (a)(b)
4,039
2,850,000
CarMax
Auto
Owner
Trust
2024-3,
5.67%,
1/15/31
2,869
1,337,303
CARS-DB4
LP
2020-1A
144A,
2.69%,
2/15/50 (a)
1,313
8,544,693
CARS-DB5
LP
2021-1A
144A,
1.44%,
8/15/51 (a)
7,879
1,800,000
Carvana
Auto
Receivables
Trust
2021-P3,
1.03%,
6/10/27
1,701
2,400,000
Carvana
Auto
Receivables
Trust
2023-P5
144A,
5.62%,
1/10/29 (a)
2,421
8,700,000
Carvana
Auto
Receivables
Trust
2024-P1
144A,
5.05%,
4/10/29 (a)
8,735
3,150,000
Carvana
Auto
Receivables
Trust
2024-P2,
5.33%,
7/10/29
3,186
3,760,000
CyrusOne
Data
Centers
Issuer
I
LLC
2024-2A
144A,
4.50%,
5/20/49 (a)
3,538
7,500,000
Diamond
Infrastructure
Funding
LLC
2021-1A
144A,
1.76%,
4/15/49 (a)
6,859
7,650,000
Diamond
Issuer
LLC
2021-1A
144A,
2.31%,
11/20/51 (a)
7,006
1,000,000
DLLST
LLC
2024-1A
144A,
5.05%,
8/20/27 (a)
1,000
2,900,000
Enterprise
Fleet
Financing
LLC
2024-2
144A,
5.61%,
4/20/28 (a)
2,958
8,033,983
Enterprise
Fleet
Financing
LLC
2023-1
144A,
5.51%,
1/22/29 (a)
8,044
1,900,000
Enterprise
Fleet
Financing
LLC
2024-1
144A,
5.16%,
9/20/30 (a)
1,927
1,652,046
Flagship
Credit
Auto
Trust
2021-3
144A,
0.95%,
7/15/27 (a)
1,633
2,100,000
GM
Financial
Consumer
Automobile
Receivables
Trust
2024-1,
4.85%,
12/18/28
2,107
2,600,000
GreatAmerica
Leasing
Receivables
Funding
LLC
Series
2024-2
144A,
5.00%,
9/15/28 (a)
2,611
583,585
Greystone
CRE
Notes
Ltd.
2019-FL2
144A,
(1
mo.
Term
Secured
Overnight
Financing
Rate
+
1.294%),
6.62%,
9/15/37 (a)(b)
585
3,750,000
Greystone
CRE
Notes
Ltd.
2021-HC2
144A,
(1
mo.
Term
Secured
Overnight
Financing
Rate
+
1.914%),
7.24%,
12/15/39 (a)(b)
3,720
1,600,000
Hotwire
Funding
LLC
2024-1A
144A,
9.19%,
6/20/54 (a)
1,654
9,800,000
HPEFS
Equipment
Trust
2023-1A
144A,
5.41%,
2/22/28 (a)
9,810
3,100,000
HPEFS
Equipment
Trust
2024-2A
144A,
5.36%,
10/20/31 (a)
3,125
30,013
JPMorgan
Chase
Bank
N.A.-CACLN
2021-2
144A,
0.97%,
12/26/28 (a)
30
1,000,000
Kubota
Credit
Owner
Trust
2024-2A
144A,
5.19%,
5/15/30 (a)
1,015
Principal
or
Shares
Security
Description
Value
(000)
4,264,475
LCCM
Trust
2021-FL2
144A,
(1
mo.
Term
Secured
Overnight
Financing
Rate
+
1.314%),
6.64%,
12/13/38 (a)(b)
$
4,214
3,208,181
LoanCore
Issuer
Ltd.
2021-CRE5
144A,
(1
mo.
Term
Secured
Overnight
Financing
Rate
+
1.414%),
6.74%,
7/15/36 (a)(b)
3,193
1,213,378
Navient
Private
Education
Refi
Loan
Trust
2020-
HA
144A,
1.31%,
1/15/69 (a)
1,135
4,561,198
Navient
Private
Education
Refi
Loan
Trust
2021-
FA
144A,
1.11%,
2/18/70 (a)
3,949
4,904,949
Navient
Private
Education
Refi
Loan
Trust
2022-
A
144A,
2.23%,
7/15/70 (a)
4,412
6,500,000
Nissan
Master
Owner
Trust
Receivables
2024-B
144A,
5.05%,
2/15/29 (a)
6,556
8,055,790
Oak
Street
Investment
Grade
Net
Lease
Fund
Series
2020-1A
144A,
1.85%,
11/20/50 (a)
7,615
3,450,000
OCP
CLO
Ltd.
2014-6A
144A,
(3
mo.
Term
Secured
Overnight
Financing
Rate
+
1.900%),
7.19%,
10/17/30 (a)(b)
3,455
6,500,000
OneMain
Financial
Issuance
Trust
2022-2A
144A,
4.89%,
10/14/34 (a)
6,468
8,400,000
OneMain
Financial
Issuance
Trust
2021-1A
144A,
(U.S.
Secured
Overnight
Financing
Rate
Index
30day
Average
+
0.760%),
6.10%,
6/16/36 (a)(b)
8,402
4,350,000
OneMain
Financial
Issuance
Trust
2023-2A
144A,
5.84%,
9/15/36 (a)
4,447
4,150,000
PFS
Financing
Corp.
2024-B
144A,
4.95%,
2/15/29 (a)
4,169
882,933
Santander
Bank
Auto
Credit-Linked
Notes
2022-
A
144A,
5.28%,
5/15/32 (a)
882
541,162
Santander
Bank
Auto
Credit-Linked
Notes
2022-
B
144A,
5.92%,
8/16/32 (a)
541
396,852
Santander
Bank
Auto
Credit-Linked
Notes
2022-
B
144A,
6.79%,
8/16/32 (a)
398
2,250,000
Santander
Bank
Auto
Credit-Linked
Notes
2023-
B
144A,
5.64%,
12/15/33 (a)
2,268
200,164
Santander
Bank
N.A.-SBCLN
2021-1A
144A,
1.83%,
12/15/31 (a)
199
5,200,000
Santander
Drive
Auto
Receivables
Trust
2023-4,
5.73%,
4/17/28
5,228
2,733,515
Santander
Drive
Auto
Receivables
Trust
2023-S1
144A,
8.14%,
4/18/28 (a)
2,756
2,500,000
Santander
Drive
Auto
Receivables
Trust
2024-2,
5.78%,
7/16/29
2,547
3,219,498
SoFi
Professional
Loan
Program
Trust
2021-A
144A,
1.03%,
8/17/43 (a)
2,780
5,381,352
SoFi
Professional
Loan
Program
Trust
2021-B
144A,
1.14%,
2/15/47 (a)
4,664
4,410,000
Stack
Infrastructure
Issuer
LLC
2020-1A
144A,
1.89%,
8/25/45 (a)
4,226
2,400,000
Stack
Infrastructure
Issuer
LLC
2021-1A
144A,
1.88%,
3/26/46 (a)
2,258
5,000,000
Switch
ABS
Issuer
LLC
2024-2A
144A,
5.44%,
6/25/54 (a)
4,960
4,598,438
Taco
Bell
Funding
LLC
2016-1A
144A,
4.97%,
5/25/46 (a)
4,561
4,800,000
TierPoint
Issuer
LLC
2023-1A
144A,
6.00%,
6/25/53 (a)
4,771
6,550,000
Vantage
Data
Centers
Issuer
LLC
2020-1A
144A,
1.65%,
9/15/45 (a)
6,262
1,000,000
VB-S1
Issuer
LLC-VBTEL
2024-1A
144A,
8.87%,
5/15/54 (a)
1,034
Payden
Low
Duration
Fund
continued
Principal
or
Shares
Security
Description
Value
(000)
2,000,000
Westlake
Automobile
Receivables
Trust
2021-
3A
144A,
2.12%,
1/15/27 (a)
$
1,938
10,000,000
Westlake
Automobile
Receivables
Trust
2023-
2A
144A,
5.80%,
2/16/27 (a)
10,022
4,432,500
Wingstop
Funding
LLC
2020-1A
144A,
2.84%,
12/05/50 (a)
4,100
Total
Asset
Backed
(Cost
-
$232,072)
227,540
Commercial
Paper(c)
(4%
)
7,500,000
AT&T
Inc.
,
5.53%,
9/26/24
7,436
7,500,000
Canadian
National
Railway
Company
Co.
,
5.50%,
8/29/24
7,467
10,000,000
Centerpoint
Energy
Inc.
,
5.36%,
8/01/24
9,999
7,500,000
Glencore
Funding
LLC
,
5.56%,
8/05/24
7,494
4,000,000
Mondelez
International,
Inc.
,
5.44%,
8/01/24
3,999
Total
Commercial
Paper
(Cost
-
$36,400)
36,395
Corporate
Bond
(33%
)
Financial (17%)
2,400,000
ABN
AMRO
Bank
NV
144A,
(1
yr.
US
Treasury
Yield
Curve
Rate
T
Note
Constant
Maturity
+
1.650%),
6.34%,
9/18/27 (a)(b)
2,456
5,110,000
AerCap
Ireland
Capital
DAC/AerCap
Global
Aviation
Trust
,
1.65%,
10/29/24
5,059
4,576,000
Air
Lease
Corp.
,
2.88%,
1/15/26
4,425
5,650,000
American
Express
Co.
,
(U.S.
Secured
Overnight
Financing
Rate
+
0.970%),
5.39%,
7/28/27 (b)
5,704
2,715,000
American
Express
Co.
,
(U.S.
Secured
Overnight
Financing
Rate
+
0.930%),
5.04%,
7/26/28 (b)
2,734
4,945,000
Athene
Global
Funding
144A,
5.52%,
3/25/27 (a)
5,010
4,000,000
Banco
Santander
SA
,
(1
yr.
US
Treasury
Yield
Curve
Rate
T
Note
Constant
Maturity
+
0.950%),
5.37%,
7/15/28 (b)
4,038
6,270,000
Bank
of
America
Corp.
,
(U.S.
Secured
Overnight
Financing
Rate
+
0.650%),
1.53%,
12/06/25 (b)
6,183
4,995,000
Banque
Federative
du
Credit
Mutuel
SA
144A,
5.90%,
7/13/26 (a)
5,090
2,225,000
Banque
Federative
du
Credit
Mutuel
SA
144A,
5.09%,
1/23/27 (a)
2,235
1,690,000
Blackstone
Private
Credit
Fund
,
2.70%,
1/15/25
1,666
5,000,000
Blackstone
Secured
Lending
Fund
,
2.75%,
9/16/26 (d)
4,700
2,160,000
Blue
Owl
Capital
Corp.
,
3.75%,
7/22/25
2,119
1,520,000
Blue
Owl
Technology
Finance
Corp.
144A,
3.75%,
6/17/26 (a)
1,438
285,000
BPCE
SA
144A,
5.20%,
1/18/27 (a)
287
3,245,000
BPCE
SA
144A,
(U.S.
Secured
Overnight
Financing
Rate
+
2.100%),
5.98%,
1/18/27 (a)
(b)
3,274
2,165,000
Brighthouse
Financial
Global
Funding
144A,
1.75%,
1/13/25 (a)
2,127
2,605,000
Capital
One
Financial
Corp.
,
(U.S.
Secured
Overnight
Financing
Rate
+
2.440%),
7.15%,
10/29/27 (b)
2,716
1,540,000
Citizens
Bank
N.A.
,
(U.S.
Secured
Overnight
Financing
Rate
+
1.450%),
6.06%,
10/24/25 (b)
1,537
3,000,000
Citizens
Bank
N.A.
,
(U.S.
Secured
Overnight
Financing
Rate
+
1.020%),
5.28%,
1/26/26 (b)
(d)
2,991
5,605,000
Credit
Agricole
SA
144A,
5.59%,
7/05/26 (a)
5,679
1,960,000
Danske
Bank
A/S
144A,
(1
yr.
US
Treasury
Yield
Curve
Rate
T
Note
Constant
Maturity
+
0.950%),
5.43%,
3/01/28 (a)(b)
1,985
Principal
or
Shares
Security
Description
Value
(000)
8,005,000
F&G
Global
Funding
144A,
0.90%,
9/20/24 (a)
$
7,949
2,030,000
First-Citizens
Bank
&
Trust
Co.
,
(3
mo.
Term
Secured
Overnight
Financing
Rate
+
1.715%),
2.97%,
9/27/25 (b)
2,020
1,270,000
Franklin
BSP
Capital
Corp.
144A,
7.20%,
6/15/29 (a)
1,292
720,000
Freedom
Mortgage
Holdings
LLC
144A,
9.25%,
2/01/29 (a)
726
3,980,000
FS
KKR
Capital
Corp.
144A,
4.25%,
2/14/25 (a)
3,942
4,300,000
Goldman
Sachs
Bank
USA
,
(U.S.
Secured
Overnight
Financing
Rate
+
0.777%),
5.28%,
3/18/27 (b)
4,318
3,600,000
Goldman
Sachs
Group
Inc.
,
(U.S.
Secured
Overnight
Financing
Rate
+
0.609%),
0.86%,
2/12/26 (b)
3,513
4,655,000
Goldman
Sachs
Group
Inc.
,
(U.S.
Secured
Overnight
Financing
Rate
+
1.075%),
5.80%,
8/10/26 (b)
4,678
3,540,000
JPMorgan
Chase
&
Co.
,
(U.S.
Secured
Overnight
Financing
Rate
+
1.320%),
4.08%,
4/26/26 (b)
3,508
1,390,000
JPMorgan
Chase
&
Co.
,
(U.S.
Secured
Overnight
Financing
Rate
+
1.190%),
5.04%,
1/23/28 (b)
1,396
2,515,000
JPMorgan
Chase
&
Co.
,
(U.S.
Secured
Overnight
Financing
Rate
+
0.930%),
4.98%,
7/22/28 (b)
2,528
1,220,000
KeyBank
N.A.
,
4.70%,
1/26/26 (d)
1,206
3,415,000
Macquarie
Group
Ltd.
144A,
(U.S.
Secured
Overnight
Financing
Rate
+
0.694%),
1.20%,
10/14/25 (a)(b)
3,384
710,000
Main
Street
Capital
Corp.
,
6.95%,
3/01/29
735
6,245,000
Manufacturers
&
Traders
Trust
Co.
,
4.65%,
1/27/26
6,189
2,230,000
Morgan
Stanley
I,
(U.S.
Secured
Overnight
Financing
Rate
+
0.745%),
0.86%,
10/21/25 (b)
2,207
2,905,000
Morgan
Stanley
,
(U.S.
Secured
Overnight
Financing
Rate
+
1.770%),
6.14%,
10/16/26 (b)
2,938
2,545,000
Morgan
Stanley
Bank
N.A.
,
(U.S.
Secured
Overnight
Financing
Rate
+
0.930%),
4.97%,
7/14/28 (b)
2,558
4,865,000
National
Bank
of
Canada
,
(U.S.
Secured
Overnight
Financing
Rate
+
1.036%),
5.60%,
7/02/27 (b)
4,917
1,440,000
NatWest
Group
PLC
,
(1
yr.
US
Treasury
Yield
Curve
Rate
T
Note
Constant
Maturity
+
1.350%),
5.85%,
3/02/27 (b)
1,455
1,560,000
OneMain
Finance
Corp.
,
7.13%,
3/15/26
1,588
985,000
PNC
Financial
Services
Group
Inc.
,
(U.S.
Secured
Overnight
Financing
Rate
+
1.342%),
5.30%,
1/21/28 (b)
994
615,000
PRA
Group
Inc.
144A,
7.38%,
9/01/25 (a)
616
3,350,000
Rocket
Mortgage
LLC/Rocket
Mortgage
Co.-
Issuer
Inc.
144A,
2.88%,
10/15/26 (a)
3,168
795,000
Santander
Holdings
USA
Inc.
,
(U.S.
Secured
Overnight
Financing
Rate
+
1.232%),
6.12%,
5/31/27 (b)
806
2,850,000
SBA
Tower
Trust
144A,
1.88%,
1/15/26 (a)
2,714
3,800,000
SBA
Tower
Trust
144A,
1.63%,
11/15/26 (a)
3,504
1,570,000
Starwood
Property
Trust
Inc.
,
4.75%,
3/15/25
1,558
6,385,000
Sumitomo
Mitsui
Financial
Group
Inc.
,
5.46%,
1/13/26
6,428
2,240,000
UBS
Group
AG
144A,
(1
yr.
US
Treasury
Yield
Curve
Rate
T
Note
Constant
Maturity
+
1.600%),
6.33%,
12/22/27 (a)(b)
2,302
1,700,000
VICI
Properties
LP/VICI
Note
Co.
Inc.
144A,
3.50%,
2/15/25 (a)
1,677
Principal
or
Shares
Security
Description
Value
(000)
5,365,000
Wells
Fargo
&
Co.
,
(U.S.
Secured
Overnight
Financing
Rate
+
1.320%),
3.91%,
4/25/26 (b)
$
5,308
3,525,000
Wells
Fargo
&
Co.
,
(U.S.
Secured
Overnight
Financing
Rate
+
1.560%),
4.54%,
8/15/26 (b)
3,498
1,930,000
Wells
Fargo
&
Co.
,
(U.S.
Secured
Overnight
Financing
Rate
+
1.070%),
5.71%,
4/22/28 (b)
1,968
615,000
XHR
LP
144A,
6.38%,
8/15/25 (a)
616
171,657
Industrial (10%)
360,000
AAR
Escrow
Issuer
LLC
144A,
6.75%,
3/15/29 (a)
368
1,020,000
AGCO
Corp.
,
5.45%,
3/21/27
1,034
1,595,000
Albertsons
Cos.
Inc./Safeway
Inc./New
Albertsons
LP/Albertsons
LLC
144A,
3.25%,
3/15/26 (a)
1,544
1,550,000
Allison
Transmission
Inc.
144A,
4.75%,
10/01/27 (a)
1,514
1,735,000
AutoZone
Inc.
,
5.05%,
7/15/26
1,745
1,200,000
BAE
Systems
PLC
144A,
5.00%,
3/26/27 (a)
1,206
1,900,000
Boeing
Co.
144A,
6.26%,
5/01/27 (a)
1,942
1,600,000
Campbell
Soup
Co.
,
5.20%,
3/19/27 (d)
1,624
1,550,000
CCO
Holdings
LLC/CCO
Holdings
Capital
Corp.
144A,
5.13%,
5/01/27 (a)
1,507
1,380,000
CDW
LLC/CDW
Finance
Corp.
,
5.50%,
12/01/24
1,378
3,190,000
CommonSpirit
Health
,
6.07%,
11/01/27
3,315
2,940,000
Concentrix
Corp.
,
6.65%,
8/02/26 (d)
3,008
960,000
CVS
Health
Corp.
,
5.00%,
2/20/26
960
1,770,000
Daimler
Truck
Finance
North
America
LLC
144A,
5.13%,
9/25/27 (a)
1,786
5,450,000
Ford
Motor
Credit
Co.
LLC
,
2.30%,
2/10/25
5,349
2,665,000
Ford
Motor
Credit
Co.
LLC
,
5.13%,
6/16/25
2,653
580,000
Freeport-McMoRan
Inc.
,
4.55%,
11/14/24
579
2,250,000
GE
HealthCare
Technologies
Inc.
,
5.60%,
11/15/25
2,263
2,065,000
General
Motors
Financial
Co.
Inc.
,
5.40%,
4/06/26
2,076
1,315,000
General
Motors
Financial
Co.
Inc.
,
5.40%,
5/08/27
1,330
3,130,000
General
Motors
Financial
Co.
Inc.
,
5.35%,
7/15/27
3,163
1,785,000
Genting
New
York
LLC/GENNY
Capital
Inc.
144A,
3.30%,
2/15/26 (a)
1,719
1,770,000
Glencore
Funding
LLC
144A,
5.34%,
4/04/27 (a)
1,788
580,000
Graphic
Packaging
International
LLC
,
4.13%,
8/15/24
579
1,380,000
HCA
Inc.
,
5.38%,
2/01/25
1,378
800,000
Helios
Software
Holdings
Inc./ION
Corporate
Solutions
Finance
Sarl
144A,
8.75%,
5/01/29 (a)
828
985,000
Hyundai
Capital
America
144A,
6.25%,
11/03/25 (a)
998
6,240,000
Hyundai
Capital
America
144A,
5.65%,
6/26/26 (a)
6,309
2,230,000
Hyundai
Capital
America
144A,
5.25%,
1/08/27 (a)
2,244
1,525,000
Icon
Investments
Six
DAC
,
5.81%,
5/08/27
1,556
2,300,000
Las
Vegas
Sands
Corp.
,
5.90%,
6/01/27
2,337
1,550,000
Match
Group
Holdings
II
LLC
144A,
5.00%,
12/15/27 (a)
1,509
680,000
Meritage
Homes
Corp.
,
5.13%,
6/06/27
681
3,810,000
NBN
Co.
Ltd.
144A,
0.88%,
10/08/24 (a)(d)
3,777
Principal
or
Shares
Security
Description
Value
(000)
1,380,000
Penske
Automotive
Group
Inc.
,
3.50%,
9/01/25
$
1,347
1,025,000
Penske
Truck
Leasing
Co.
LP/PTL
Finance
Corp.
144A,
5.35%,
1/12/27 (a)
1,035
75,000
Phinia
Inc.
144A,
6.75%,
4/15/29 (a)
77
2,610,000
Qorvo
Inc.
,
1.75%,
12/15/24
2,568
2,945,000
Regal
Rexnord
Corp.
,
6.05%,
2/15/26
2,969
5,225,000
Renesas
Electronics
Corp.
144A,
1.54%,
11/26/24 (a)
5,154
1,550,000
Sirius
XM
Radio
Inc.
144A,
3.13%,
9/01/26 (a)
1,474
1,070,000
Smith
&
Nephew
PLC
,
5.15%,
3/20/27
1,080
1,550,000
Standard
Industries
Inc.
144A,
5.00%,
2/15/27 (a)
1,518
865,000
T-Mobile
USA
Inc.
,
2.25%,
2/15/26
829
1,380,000
Toll
Brothers
Finance
Corp.
,
4.88%,
11/15/25
1,373
1,565,000
Travel
+
Leisure
Co.
144A,
6.63%,
7/31/26 (a)
1,581
1,605,000
Volkswagen
Group
of
America
Finance
LLC
144A,
3.95%,
6/06/25 (a)(d)
1,585
4,590,000
Volkswagen
Group
of
America
Finance
LLC
144A,
5.70%,
9/12/26 (a)
4,656
3,590,000
Volkswagen
Group
of
America
Finance
LLC
144A,
5.30%,
3/22/27 (a)
3,632
5,070,000
Warnermedia
Holdings
Inc.
,
3.76%,
3/15/27
4,830
1,340,000
Westinghouse
Air
Brake
Technologies
Corp.
,
3.20%,
6/15/25
1,315
103,070
Utility (6%)
1,365,000
Aethon
United
BR
LP/Aethon
United
Finance
Corp.
144A,
8.25%,
2/15/26 (a)
1,384
3,725,000
Aker
BP
ASA
144A,
2.88%,
1/15/26 (a)
3,590
1,270,000
Alliant
Energy
Finance
LLC
144A,
5.40%,
6/06/27 (a)
1,288
2,800,000
American
Electric
Power
Co.
Inc.
,
5.70%,
8/15/25
2,811
725,000
Blue
Racer
Midstream
LLC/Blue
Racer
Finance
Corp.
144A,
7.00%,
7/15/29 (a)
745
2,608,619
Brazos
Securitization
LLC
144A,
5.01%,
9/01/31 (a)
2,625
1,430,000
Civitas
Resources
Inc.
144A,
8.38%,
7/01/28 (a)
1,503
1,485,000
DTE
Energy
Co.
,
4.95%,
7/01/27
1,491
3,585,000
Energy
Transfer
LP
,
6.05%,
12/01/26
3,668
3,906,000
EQT
Corp.
144A,
3.13%,
5/15/26 (a)
3,764
2,445,000
Gulfport
Energy
Corp.
144A,
8.00%,
5/17/26 (a)
2,480
935,000
Hess
Midstream
Operations
LP
144A,
6.50%,
6/01/29 (a)
954
1,305,000
Karoon
USA
Finance
Inc.
144A,
10.50%,
5/14/29 (a)
1,326
5,000,000
National
Fuel
Gas
Co.
,
5.50%,
10/01/26
5,046
1,930,000
ONEOK
Inc.
,
5.55%,
11/01/26
1,958
2,805,000
Ovintiv
Inc.
,
5.65%,
5/15/25
2,807
2,300,000
Plains
All
American
Pipeline
LP/PAA
Finance
Corp.
,
4.50%,
12/15/26
2,276
400,000
Saturn
Oil
&
Gas
Inc.
144A,
9.63%,
6/15/29 (a)
411
690,000
SM
Energy
Co.
144A,
6.75%,
8/01/29 (a)
695
935,000
Summit
Midstream
Holdings
LLC
144A,
8.63%,
10/31/29 (a)
956
550,000
Sunoco
LP
144A,
7.00%,
5/01/29 (a)
566
1,550,000
TerraForm
Power
Operating
LLC
144A,
5.00%,
1/31/28 (a)
1,495
3,830,000
TransCanada
PipeLines
Ltd.
,
6.20%,
3/09/26
3,833
990,000
Transocean
Inc.
144A,
8.25%,
5/15/29 (a)
1,011
1,010,000
USA
Compression
Partners
LP/USA
Compression
Finance
Corp.
144A,
7.13%,
3/15/29 (a)
1,028
1,550,000
Var
Energi
ASA
144A,
7.50%,
1/15/28 (a)
1,644
Payden
Low
Duration
Fund
continued
Principal
or
Shares
Security
Description
Value
(000)
3,650,000
Whistler
Pipeline
LLC
144A,
5.40%,
9/30/29 (a)
$
3,687
1,080,000
Williams
Cos.
Inc.
,
5.40%,
3/02/26
1,088
56,130
Total
Corporate
Bond
(Cost
-
$329,647)
330,857
Mortgage
Backed
(10%
)
117,695,357
Benchmark
Mortgage
Trust
2018-B6,
0.40%,
10/10/51 (e)
1,267
4,781,000
BX
Commercial
Mortgage
Trust
2020-VKNG
144A,
(1
mo.
Term
Secured
Overnight
Financing
Rate
+
1.244%),
6.57%,
10/15/37 (a)(b)
4,733
2,462,393
BX
Commercial
Mortgage
Trust
2024-XL4
144A,
(1
mo.
Term
Secured
Overnight
Financing
Rate
+
1.792%),
7.12%,
2/15/39 (a)(b)
2,452
3,600,000
BX
Trust
2024-VLT4
144A,
(1
mo.
Term
Secured
Overnight
Financing
Rate
+
1.941%),
7.27%,
7/15/29 (a)(b)
3,583
4,550,000
BX
Trust
2021-ARIA
144A,
(1
mo.
Term
Secured
Overnight
Financing
Rate
+
1.014%),
6.34%,
10/15/36 (a)(b)
4,495
6,788,082
BXMT
Ltd.
2021-FL4
144A,
(1
mo.
Term
Secured
Overnight
Financing
Rate
+
1.164%),
6.50%,
5/15/38 (a)(b)
6,489
21,695,213
Cantor
Commercial
Real
Estate
Lending
2019-
CF1,
1.12%,
5/15/52 (e)
795
1,373,674
Connecticut
Avenue
Securities
Trust
2019-
HRP1
144A,
(U.S.
Secured
Overnight
Financing
Rate
Index
30day
Average
+
2.264%),
7.61%,
11/25/39 (a)(b)
1,398
900,000
Connecticut
Avenue
Securities
Trust
2020-
SBT1
144A,
(U.S.
Secured
Overnight
Financing
Rate
Index
30day
Average
+
3.764%),
9.11%,
2/25/40 (a)(b)
957
3,750,000
Connecticut
Avenue
Securities
Trust
2022-
R01
144A,
(U.S.
Secured
Overnight
Financing
Rate
Index
30day
Average
+
3.150%),
8.50%,
12/25/41 (a)(b)
3,885
2,161,121
Connecticut
Avenue
Securities
Trust
2022-
R08
144A,
(U.S.
Secured
Overnight
Financing
Rate
Index
30day
Average
+
2.550%),
7.90%,
7/25/42 (a)(b)
2,231
2,700,000
Connecticut
Avenue
Securities
Trust
2024-
R01
144A,
(U.S.
Secured
Overnight
Financing
Rate
Index
30day
Average
+
1.800%),
7.15%,
1/25/44 (a)(b)
2,727
2,600,000
Connecticut
Avenue
Securities
Trust
2024-
R02
144A,
(U.S.
Secured
Overnight
Financing
Rate
Index
30day
Average
+
1.800%),
7.15%,
2/25/44 (a)(b)
2,621
5,000,000
Connecticut
Avenue
Securities
Trust
2024-
R05
144A,
(U.S.
Secured
Overnight
Financing
Rate
Index
30day
Average
+
1.000%),
6.34%,
7/25/44 (a)(b)
5,007
13,150,000
Fannie
Mae
Connecticut
Avenue
Securities
2021-
R02
144A,
(U.S.
Secured
Overnight
Financing
Rate
Index
30day
Average
+
2.000%),
7.35%,
11/25/41 (a)(b)
13,245
6,473,619
Freddie
Mac
REMIC
5057,
1.00%,
4/15/54
5,864
1,433,478
Freddie
Mac
STACR
REMIC
Trust
2021-HQA3
144A,
(U.S.
Secured
Overnight
Financing
Rate
Index
30day
Average
+
0.850%),
6.20%,
9/25/41 (a)(b)
1,430
Principal
or
Shares
Security
Description
Value
(000)
3,100,000
Freddie
Mac
STACR
REMIC
Trust
2021-DNA6
144A,
(U.S.
Secured
Overnight
Financing
Rate
Index
30day
Average
+
3.400%),
8.75%,
10/25/41 (a)(b)
$
3,218
3,000,000
Freddie
Mac
STACR
REMIC
Trust
2021-DNA7
144A,
(U.S.
Secured
Overnight
Financing
Rate
Index
30day
Average
+
3.650%),
9.00%,
11/25/41 (a)(b)
3,125
1,892,841
Freddie
Mac
STACR
REMIC
Trust
2024-DNA2
144A,
(U.S.
Secured
Overnight
Financing
Rate
Index
30day
Average
+
1.200%),
6.55%,
5/25/44 (a)(b)
1,897
4,213,605
Freddie
Mac
STACR
REMIC
Trust
2024-DNA2
144A,
(U.S.
Secured
Overnight
Financing
Rate
Index
30day
Average
+
1.250%),
6.60%,
5/25/44 (a)(b)
4,224
2,030,111
New
Residential
Mortgage
Loan
Trust
2017-1A
144A,
4.00%,
2/25/57 (a)(e)
1,958
1,549,820
New
Residential
Mortgage
Loan
Trust
2017-3A
144A,
4.00%,
4/25/57 (a)(e)
1,481
1,352,725
New
Residential
Mortgage
Loan
Trust
2017-4A
144A,
4.00%,
5/25/57 (a)(e)
1,294
867,693
Oaktown
Re
VII
Ltd.
2021-2
144A,
(U.S.
Secured
Overnight
Financing
Rate
Index
30day
Average
+
1.600%),
6.95%,
4/25/34 (a)(b)
868
6,450,000
ONE
Mortgage
Trust
2021-PARK
144A,
(1
mo.
Term
Secured
Overnight
Financing
Rate
+
0.814%),
6.14%,
3/15/36 (a)(b)
6,269
3,699,296
Provident
Funding
Mortgage
Trust
2020-F1
144A,
2.00%,
1/25/36 (a)(e)
3,226
13,500
Radnor
RE
Ltd.
2021-2
144A,
(U.S.
Secured
Overnight
Financing
Rate
Index
30day
Average
+
1.850%),
7.20%,
11/25/31 (a)(b)
14
3,100,000
Shelter
Growth
CRE
Issuer
Ltd.
2023-FL5
144A,
(1
mo.
Term
Secured
Overnight
Financing
Rate
+
2.754%),
8.10%,
5/19/38 (a)(b)
3,126
Total
Mortgage
Backed
(Cost
-
$96,423)
93,879
Municipal
(1%
)
2,330,000
California
Earthquake
Authority
A,
5.60%,
7/01/27
2,347
10,253,325
Texas
Natural
Gas
Securitization
Finance
Corp.
,
5.10%,
4/01/35
10,438
Total
Municipal
(Cost
-
$12,583)
12,785
U.S.
Government
Agency
(1%
)
11,730,000
FHLB,
5.00%,
2/28/25
(Cost
-
$11,715)
11,737
U.S.
Treasury
(27%
)
3,555,000
U.S.
Treasury
Note
,
3.00%,
7/15/25
3,498
8,015,000
U.S.
Treasury
Note
,
5.00%,
9/30/25
8,046
16,350,000
U.S.
Treasury
Note
,
5.00%,
10/31/25
16,425
21,067,000
U.S.
Treasury
Note
,
4.00%,
2/15/26
20,926
41,261,000
U.S.
Treasury
Note
,
3.75%,
4/15/26
40,840
134,953,000
U.S.
Treasury
Note
,
4.38%,
8/15/26
135,238
8,080,000
U.S.
Treasury
Note
,
4.00%,
1/15/27
8,050
3,485,000
U.S.
Treasury
Note
,
4.50%,
4/15/27
3,519
13,435,000
U.S.
Treasury
Note
,
4.50%,
5/15/27
13,575
11,920,000
U.S.
Treasury
Note
,
4.63%,
6/15/27
12,100
Total
U.S.
Treasury
(Cost
-
$261,074)
262,217
Principal
or
Shares
Security
Description
Value
(000)
Investment
Company
(1%
)
14,713,389
Payden
Cash
Reserves
Money
Market
Fund *
(Cost
-
$14,713)
$
14,713
Total
Investments
(Cost
-
$994,627)
(100%)
990,123
Liabilities
in
excess
of
Other
Assets
(0%)
(2,388)
Net
Assets
(100%)
$
987,735
*
Affiliated
investment.
(a)
Security
offered
only
to
qualified
institutional
investors,
and
thus
is
not
registered
for
sale
to
the
public
under
rule
144A
of
the
Securities
Act
of
1933.
It
has
been
deemed
liquid
under
guidelines
approved
by
the
Board.
(b)
Floating
rate
security.
The
rate
shown
reflects
the
rate
in
effect
at
July
31,
2024.
(c)
Yield
to
maturity
at
time
of
purchase.
(d)
All
or
a
portion
of
these
securities
are
on
loan.
At
July
31,
2024,
the
total
market
value
of
the
Fund’s
securities
on
loan
is
$7,125
and
the
total
market
value
of
the
collateral
held
by
the
Fund
is
$7,351.
Amounts
in
000s.
(e)
Variable
rate
security.
Interest
rate
disclosed
is
as
of
the
most
recent
information
available.
Certain
variable
rate
securities
are
not
based
on
a
published
reference
rate
and
spread
but
are
determined
by
the
issuer
or
agent
and
are
based
on
current
market
conditions.
These
securities
do
not
indicate
a
reference
rate
and
spread
in
their
description
above.
Open
Futures
Contracts
Contract
Type
Number
of
Contracts
Expiration
Date
Notional
Amount
(000s)
Current
Value
(000s)
Unrealized
Appreciation
(000s)
Long
Contracts:
U.S.
Treasury
2-Year
Note
Future
766
Sep-24
$
157,311
$
1,151
$
1,151
U.S.
Treasury
5-Year
Note
Future
25
Sep-24
2,697
52
52
a
a
Total
Futures
$1,203