Portfolio (Quarterly) Guide ↗

PAYDEN & RYGEL

· CIK 0000919219

13F Portfolio $1.3B AUM 114 positions Filed May 12, 2026 EDGAR ↗ ← All Funds

Q1 2026 Q4 2025 · All 14 New 23 Added 28 Reduced 15 Exited

#	Ticker	Company	Sector	Shares	Value ↓	% Port	Chg Shares	Chg %	Period Price ①	Since Period ①
1	GLD	SPDR GOLD TRUST	Financial Services	129,300.0	$55.6M	4.28%	NEW	—	$430.29	-14.4%
2	CTVA	CORTEVA INC	Basic Materials	188,390.0	$15.8M	1.21%	NEW	—	$83.71	+4.3%
3	WFC PUT	WELLS FARGO	Financial Services	176,300.0	$14.0M	1.08%	NEW	—	$79.61	+10.6%
4	HAS	HASBRO	Consumer Cyclical	92,000.0	$8.6M	0.66%	NEW	—	$93.60	-12.9%
5	TGT	TARGET	Consumer Defensive	66,900.0	$8.1M	0.62%	NEW	—	$121.20	+15.2%
6	TMO	THERMO FISHER SCIENTIFIC	Healthcare	16,400.0	$8.1M	0.62%	NEW	—	$491.52	+8.3%
7	HON	HONEYWELL INTL	Industrials	35,300.0	$8.0M	0.61%	NEW	—	$226.03	-0.4%
8	SPTB	SS SPDR P TREASURY ETF	—	261,000.0	$7.9M	0.61%	NEW	—	$30.26	-1.4%
9	USHY	ISHARES BROAD USD HIGH YIELD	—	199,187.0	$7.3M	0.56%	NEW	—	$36.84	+0.1%
10	WAB	WABTEC CORP	Industrials	23,200.0	$5.8M	0.45%	NEW	—	$249.91	+5.6%
11	NEM	NEWMONT MINING	Basic Materials	50,600.0	$5.5M	0.42%	NEW	—	$108.24	-17.1%
12	PNC	PNC FINANCIAL	Financial Services	26,300.0	$5.5M	0.42%	NEW	—	$208.10	+21.5%
13	HLT	HILTON WORLDWIDE HOLDINGS	Consumer Cyclical	17,500.0	$5.3M	0.41%	NEW	—	$304.06	+5.7%
14	WM	WASTE MANAGEMENT	Industrials	1,200.0	$276K	0.02%	NEW	—	$230.00	+5.3%

① Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation

Financial Services 19.2%

Technology 14.6%

Healthcare 14.2%

Industrials 11.7%

Communication Services 8.6%

Consumer Cyclical 7.4%

Energy 7.4%

Utilities 6.1%

Consumer Defensive 4.6%

Real Estate 3.3%