Payden & Rygel Investment NPORT-P Payden Equity Income Fund (Jul 2024 report)

Payden

Equity

Income

Fund

1

Schedule

of

Investments

-

July

31,

2024

(Unaudited)

Principal

or

Shares

Security

Description

Value

(000)

Stocks

(89%)

Common

Stock

(80%)

Communication

Services

(7%

)

31,200

Alphabet

Inc.,

Class

A 

$

5,352‌

11,600

Meta

Platforms

Inc.,

Class

A 

5,508‌

70,500

Nexstar

Media

Group

Inc. 

13,028‌

73,300

T-Mobile

U.S.

Inc. 

13,361‌

416,600

Verizon

Communications

Inc. 

16,881‌

61,100

Walt

Disney

Co. 

5,725‌

59,855‌

Consumer

Discretionary

(6%

)

55,600

Amazon.com

Inc. (a)(b)

10,396‌

80,100

DR

Horton

Inc. 

14,412‌

33,600

Home

Depot

Inc. 

12,370‌

50,700

Lennar

Corp.,

Class

A 

8,970‌

33,700

McDonald's

Corp. 

8,944‌

110,200

Ross

Stores

Inc. 

15,784‌

70,876‌

Consumer

Staples

(6%

)

241,000

Coca-Cola

Co. 

16,084‌

9,500

Costco

Wholesale

Corp. 

7,809‌

95,600

Procter

&

Gamble

Co. 

15,369‌

339,800

Walmart

Inc. 

23,324‌

62,586‌

Energy

(6%

)

105,300

ConocoPhillips 

11,709‌

96,800

EOG

Resources

Inc. 

12,274‌

152,600

EQT

Corp. 

5,266‌

218,500

Exxon

Mobil

Corp. 

25,912‌

81,100

Phillips

66 

11,799‌

66,960‌

Financials

(22%

)

57,700

American

Express

Co. 

14,600‌

31,600

Ameriprise

Financial

Inc. 

13,590‌

95,700

Ares

Management

Corp.,

Class

A 

14,661‌

111,000

Arthur

J

Gallagher

&

Co. 

31,467‌

64,700

Chubb

Ltd. 

17,835‌

146,700

Fidelity

National

Information

Services

Inc. 

11,271‌

149,900

JPMorgan

Chase

&

Co. 

31,899‌

255,500

MetLife

Inc. 

19,635‌

167,000

Morgan

Stanley 

17,236‌

26,600

S&P

Global

Inc. 

12,894‌

270,900

Sumitomo

Mitsui

Financial

Group

Inc. (b)

19,738‌

31,000

Visa

Inc.,

Class

A 

8,236‌

296,600

Wells

Fargo

&

Co. 

17,600‌

230,662‌

Healthcare

(9%

)

27,300

Amgen

Inc. 

9,077‌

9,700

Eli

Lilly

and

Co. 

7,801‌

39,700

Johnson

&

Johnson 

6,267‌

44,000

McKesson

Corp. 

27,149‌

98,700

Merck

&

Co.

Inc. 

11,166‌

255,300

Pfizer

Inc. (a)(b)

7,797‌

44,400

Stryker

Corp. 

14,539‌

83,796‌

Industrials

(10%

)

133,800

AECOM 

12,124‌

119,400

Delta

Air

Lines

Inc. 

5,137‌

Principal

or

Shares

Security

Description

Value

(000)

40,300

Eaton

Corp.

PLC 

$

12,283‌

160,000

Emerson

Electric

Co. 

18,738‌

61,300

General

Electric

Co. 

10,433‌

54,600

Honeywell

International

Inc. 

11,179‌

111,200

ITT

Inc. 

15,730‌

88,000

L3Harris

Technologies

Inc. 

19,966‌

58,800

Schneider

Electric

SE (b)

14,181‌

119,771‌

Materials

(4%

)

281,900

CRH

PLC 

24,159‌

40,600

Linde

PLC 

18,412‌

42,571‌

Technology

(6%

)

35,000

Apple

Inc. 

7,773‌

23,900

Applied

Materials

Inc. 

5,072‌

8,500

ASML

Holding

NV (b)

7,824‌

84,800

Broadcom

Inc. 

13,626‌

59,300

International

Business

Machines

Corp. 

11,394‌

24,100

Microsoft

Corp. 

10,082‌

50,700

Oracle

Corp. 

7,070‌

27,600

QUALCOMM

Inc. 

4,994‌

67,835‌

Utilities

(4%

)

229,800

Duke

Energy

Corp. 

25,110‌

331,700

NextEra

Energy

Inc. 

25,339‌

50,449‌

Total

Common

Stock

855,361‌

Master

Limited

Partnership

(4%)

1,311,900

Energy

Transfer

LP

21,345‌

623,500

Enterprise

Products

Partners

LP

17,994‌

Total

Master

Limited

Partnership

39,339‌

Real

Estate

Investment

Trust

(5%)

58,400

American

Tower

Corp.

12,871‌

55,000

AvalonBay

Communities

Inc.

11,271‌

68,700

Digital

Realty

Trust

Inc.

10,270‌

93,300

Prologis

Inc.

11,761‌

75,900

Simon

Property

Group

Inc.

11,646‌

Total

Real

Estate

Investment

Trust

57,819‌

Total

Stocks

(Cost

-

$778,505)

952,519‌

Corporate

Bond

(0%)

2,800,000

Land

O'

Lakes

Inc.

144A,

7.00% (c)(d)

2,184‌

Total

Corporate

Bond

(Cost

-

$2,800)

2,184‌

Investment

Company

(10%)

108,772,448

Payden

Cash

Reserves

Money

Market

Fund*

(Cost - $108,772) 

108,772‌

Total

Investments

(Cost

-

$890,077)

(99%)

1,063,475‌

Other

Assets,

net

of

Liabilities

(1%)

7,461‌

Net

Assets

(100%)

$

1,070,936‌

*

Affiliated

investment.

(a)

Non-income

producing

(b)

Principal

in

foreign

currency.

(c)

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.

(d)

Perpetual

security

with

no

stated

maturity

date.

2

Payden

Mutual

Funds

Payden

Equity

Income

Fund

continued

Open

Forward

Currency

Contracts

to

USD

Currency

Purchased

(000s)

Currency

Sold

(000s)

Counterparty

Settlement

Date

Unrealized

Appreciation

(Depreciation)

(000s)

Assets:

EUR

19,626

USD  21,269

State

Street

Bank

&

Trust

Co.

09/26/2024

$

29

JPY

797,257

USD  5,231

State

Street

Bank

&

Trust

Co.

09/26/2024

136

165

Liabilities:

USD

42,743

EUR  39,662

State

Street

Bank

&

Trust

Co.

09/26/2024

(296)

USD

23,465

JPY  3,672,700

State

Street

Bank

&

Trust

Co.

09/26/2024

(1,259)

(1,555)

Net

Unrealized

Appreciation

(Depreciation)

$(1,390)

Open

Futures

Contracts

Contract

Type

Number

of

Contracts

Expiration

Date

Notional

Amount

(000s)

Current

Value

(000s)

Unrealized

Appreciation

(000s)

Long

Contracts:

E-mini

Russell

1000

Index

1,127

Sep-24

$

102,241

$

2,806

$

2,806