# EDGAR Filing Document

**Accession Number:** 0000885709
**File Stem:** 0000940400-25-013941
**Filing Date:** 2025-12
**Character Count:** 29119
**Document Hash:** 0a7de6c3412eb1ada7415da0426cf702
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-25-013941.hdr.sgml**: 20251219

**ACCESSION NUMBER**: 0000940400-25-013941

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251031

**FILED AS OF DATE**: 20251219

**DATE AS OF CHANGE**: 20251219

**PERIOD START**: 20251031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PAYDEN & RYGEL INVESTMENT GROUP
- **CENTRAL INDEX KEY:** 0000885709

**ORGANIZATION NAME:**
- **EIN:** 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:** 251587223

**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

## Series and Classes Contracts Data

### Payden Equity Income Fund (Series ID: S000011766)

| Class ID   | Class Name                                 | Ticker Symbol   |
|:---|:---|:---|
| C000032191 | Payden Equity Income Fund (Investor Class) | PYVLX           |
| C000110231 | Payden Equity Income Fund (Adviser Class)  | PYVAX           |
| C000146917 | Payden Equity Income Fund (SI Class)       | PYVSX           |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** PAYDEN & RYGEL INVESTMENT GROUP

- **b. Investment Company Act file number:** 811-06625

- **c. CIK number of Registrant:** 0000885709

- **d. LEI of Registrant:** 549300QJNYRKYZS3P282

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 333 South Grand Avenue

  - **City:** Los Angeles

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 90071

  - **Telephone number:** 213-625-1900

**Item A.2. Information about the Series.**

- **a. Name of Series:** Payden Equity Income Fund

- **b. EDGAR series identifier (if any):** S000011766

- **c. LEI of Series:** 549300L8QNASEIIT7I11

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2025-10-31

- **b. Date as of which information is reported:** 2025-10-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $1073341801.39

**Total Liabilities:** $4729775.74

**Net Assets:** $1068612025.65

**Cash Not Reported:** $7434539.75

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000032191 | 2.26%                | 1.91%                | 0.80%                |
| Class ID C000110231 | 2.21%                | 1.85%                | 0.86%                |
| Class ID C000146917 | 2.26%                | 1.88%                | 0.86%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $18771158.04             | $6435681.39                                |
| Month 2  | $-2629348.66             | $28132394.43                               |
| Month 3  | $0.00                    | $7895063.04                                |

**Designated Index Information**

- **Index Name:** Russell 1000 Value Index (Total Return)

- **Index Identifier:** RS1000V

### Schedule of Portfolio Investments

| Name                                   | Title                                  | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| MORGAN STANLEY & CO. LLC               | USD/GBP FORWARD                        | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DFE              | CORP              | US        |         1 | NC      | $1224178.71   | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Energy Transfer LP                     | Energy Transfer LP                     | CUSIP: 29273V100<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | EC               | CORP              | US        |    730100 | NS      | $12287583.00  | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| IBM                                    | International Business Machines Corp   | CUSIP: 459200101<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | EC               | CORP              | US        |     59900 | NS      | $18413859.00  | 1.72%             |  |  |  | No            |                  1 | On Loan: No      |
| RTX Corp                               | RTX Corp                               | CUSIP: 75513E101<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | EC               | CORP              | US        |     76400 | NS      | $13637400.00  | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Fifth Third Bancorp                    | Fifth Third Bancorp                    | CUSIP: 316773100<br>LEI: THRNG6BD57P9QWTQLG42 | Long             | EC               | CORP              | US        |    234800 | NS      | $9772376.00   | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Quest Diagnostics Inc                  | Quest Diagnostics Inc                  | CUSIP: 74834L100<br>LEI: 8MCWUBXQ0WE04KMXBX50 | Long             | EC               | CORP              | US        |     85900 | NS      | $15114105.00  | 1.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Dominion Energy Inc                    | Dominion Energy Inc                    | CUSIP: 25746U109<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | EC               | CORP              | US        |    365900 | NS      | $21474671.00  | 2.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Chevron Corp                           | Chevron Corp                           | CUSIP: 166764100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     98900 | NS      | $15598508.00  | 1.46%             |  |  |  | No            |                  1 | On Loan: No      |
| AECOM                                  | AECOM                                  | CUSIP: 00766T100<br>LEI: 0EEB8GF0W0NPCIHZX097 | Long             | EC               | CORP              | US        |    139900 | NS      | $18795565.00  | 1.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Eaton Corp PLC                         | Eaton Corp PLC                         | CUSIP: 000000000<br>LEI: 549300VDIGTMXUNT7H71 | Long             | EC               | CORP              | IE        |     32900 | NS      | $12553324.00  | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| CITIGROUP INC                          | Citigroup Inc                          | CUSIP: 17327CAV5<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |  10300000 | PA      | $10609113.30  | 0.99%             | N/A             | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO. LLC               | USD/EUR FORWARD                        | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DFE              | CORP              | US        |         1 | NC      | $560773.04    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Annaly Capital Management Inc          | Annaly Capital Management Inc          | CUSIP: 035710839<br>LEI: 2DTL0G3FPRYUT58TI025 | Long             | EC               | CORP              | US        |    372100 | NS      | $7877357.00   | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Cigna Group/The                        | Cigna Group/The                        | CUSIP: 125523100<br>LEI: 549300VIWYMSIGT1U456 | Long             | EC               | CORP              | US        |     37000 | NS      | $9043170.00   | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Coterra Energy Inc                     | Coterra Energy Inc                     | CUSIP: 127097103<br>LEI: FCNMH6O7VWU7LHXMK351 | Long             | EC               | CORP              | US        |    212000 | NS      | $5015920.00   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Duke Energy Corp                       | Duke Energy Corp                       | CUSIP: 26441C204<br>LEI: I1BZKREC126H0VB1BL91 | Long             | EC               | CORP              | US        |    229800 | NS      | $28564140.00  | 2.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley                         | Morgan Stanley                         | CUSIP: 617446448<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EC               | CORP              | US        |    165300 | NS      | $27109200.00  | 2.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Nasdaq Inc                             | Nasdaq Inc                             | CUSIP: 631103108<br>LEI: 549300L8X1Q78ERXFD06 | Long             | EC               | CORP              | US        |     87400 | NS      | $7471826.00   | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Booking Holdings Inc                   | Booking Holdings Inc                   | CUSIP: 09857L108<br>LEI: FXM8FAOHMYDIPD38UZ17 | Long             | EC               | CORP              | US        |      1500 | NS      | $7616610.00   | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Cummins Inc                            | Cummins Inc                            | CUSIP: 231021106<br>LEI: ZUNI8PYC725B6H8JU438 | Long             | EC               | CORP              | US        |     22000 | NS      | $9628960.00   | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase & Co                    | JPMorgan Chase & Co                    | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |    143700 | NS      | $44707944.00  | 4.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Blackrock Inc                          | Blackrock Inc                          | CUSIP: 09290D101<br>LEI: 529900VBK42Y5HHRMD23 | Long             | EC               | CORP              | US        |     20500 | NS      | $22197605.00  | 2.08%             |  |  |  | No            |                  1 | On Loan: No      |
| MORGAN STANLEY & CO. LLC               | USD/EUR FORWARD                        | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-108902.59   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| MetLife Inc                            | MetLife Inc                            | CUSIP: 59156R108<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | EC               | CORP              | US        |     98200 | NS      | $7838324.00   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| CVS Health Corp                        | CVS Health Corp                        | CUSIP: 126650100<br>LEI: 549300EJG376EN5NQE29 | Long             | EC               | CORP              | US        |    248700 | NS      | $19435905.00  | 1.82%             |  |  |  | No            |                  1 | On Loan: No      |
| NatWest Group PLC                      | NatWest Group PLC                      | CUSIP: 000000000<br>LEI: 2138005O9XJIJN4JPN90 | Long             | EC               | CORP              | GB        |   2058000 | NS      | $15788992.46  | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Corning Inc                            | Corning Inc                            | CUSIP: 219350105<br>LEI: 549300X2937PB0CJ7I56 | Long             | EC               | CORP              | US        |    211600 | NS      | $18849328.00  | 1.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Visa Inc                               | Visa Inc                               | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |     46400 | NS      | $15810336.00  | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Jacobs Solutions Inc                   | Jacobs Solutions Inc                   | CUSIP: 46982L108<br>LEI: 254900E3KHXCC2C8K272 | Long             | EC               | CORP              | US        |     88300 | NS      | $13758023.00  | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| PepsiCo Inc                            | PepsiCo Inc                            | CUSIP: 713448108<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | EC               | CORP              | US        |    105100 | NS      | $15354059.00  | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Payden Cash Reserves Money Market Fund | Payden Cash Reserves Money Market Fund | CUSIP: 704329598<br>LEI: 549300SI0EB26HO5RT16 | Long             | STIV             | RF                | US        |   9292812 | NS      | $9292812.39   | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Enterprise Products Partners L         | Enterprise Products Partners LP        | CUSIP: 293792107<br>LEI: K4CDIF4M54DJZ6TB4Q48 | Long             | EC               | CORP              | US        |    408900 | NS      | $12590031.00  | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Vinci SA                               | Vinci SA                               | CUSIP: 000000000<br>LEI: 213800WFQ334R8UXUG83 | Long             | EC               | CORP              | FR        |     52100 | NS      | $6960150.23   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Analog Devices Inc                     | Analog Devices Inc                     | CUSIP: 032654105<br>LEI: GYVOE5EZ4GDAVTU4CQ61 | Long             | EC               | CORP              | US        |     64900 | NS      | $15195037.00  | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com Inc                         | Amazon.com Inc                         | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |    114900 | NS      | $28060878.00  | 2.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp                         | Microsoft Corp                         | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |     26100 | NS      | $13514841.00  | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| T-Mobile US Inc                        | T-Mobile US Inc                        | CUSIP: 872590104<br>LEI: 549300QHIJYOHPACPG31 | Long             | EC               | CORP              | US        |     33400 | NS      | $7015670.00   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom Inc                           | Broadcom Inc                           | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |     25300 | NS      | $9351639.00   | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| SSE PLC                                | SSE PLC                                | CUSIP: 000000000<br>LEI: 549300KI75VYLLMSK856 | Long             | EC               | CORP              | GB        |    470900 | NS      | $11852784.68  | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| LAND O'LAKES INC                       | Land O' Lakes Inc                      | CUSIP: 514666AN6<br>LEI: 4ONCJWH5BBCYSJIJYX61 | Long             | DBT              | CORP              | US        |   2800000 | PA      | $2437276.24   | 0.23%             | N/A             | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Gilead Sciences Inc                    | Gilead Sciences Inc                    | CUSIP: 375558103<br>LEI: 549300WTZWR07K8MNV44 | Long             | EC               | CORP              | US        |     90200 | NS      | $10805058.00  | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| ITT Inc                                | ITT Inc                                | CUSIP: 45073V108<br>LEI: 549300KDSERHTJOXUS80 | Long             | EC               | CORP              | US        |     73100 | NS      | $13528617.00  | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Pfizer Inc                             | Pfizer Inc                             | CUSIP: 717081103<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | EC               | CORP              | US        |    194500 | NS      | $4794425.00   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Kimco Realty Corp                      | Kimco Realty Corp                      | CUSIP: 49446R109<br>LEI: 254900ARY41P4V1JL861 | Long             | EC               | CORP              | US        |    346500 | NS      | $7158690.00   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc                           | Alphabet Inc                           | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |    165800 | NS      | $46621302.00  | 4.36%             |  |  |  | No            |                  1 | On Loan: No      |
| SS&C Technologies Holdings Inc         | SS&C Technologies Holdings Inc         | CUSIP: 78467J100<br>LEI: 529900POY8H7NPPNKK71 | Long             | EC               | CORP              | US        |    218600 | NS      | $18563512.00  | 1.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Valero Energy Corp                     | Valero Energy Corp                     | CUSIP: 91913Y100<br>LEI: 549300XTO5VR8SKV1V74 | Long             | EC               | CORP              | US        |    106200 | NS      | $18007272.00  | 1.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Cisco Systems Inc                      | Cisco Systems Inc                      | CUSIP: 17275R102<br>LEI: 549300LKFJ962MZ46593 | Long             | EC               | CORP              | US        |    253900 | NS      | $18562629.00  | 1.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Wells Fargo & Co                       | Wells Fargo & Co                       | CUSIP: 949746101<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EC               | CORP              | US        |    332400 | NS      | $28908828.00  | 2.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Stryker Corp                           | Stryker Corp                           | CUSIP: 863667101<br>LEI: 5493002F0SC4JTBU5137 | Long             | EC               | CORP              | US        |     27500 | NS      | $9796600.00   | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Procter & Gamble Co/The                | Procter & Gamble Co/The                | CUSIP: 742718109<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | EC               | CORP              | US        |     64400 | NS      | $9683828.00   | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Verizon Communications Inc             | Verizon Communications Inc             | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | EC               | CORP              | US        |    313000 | NS      | $12438620.00  | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Costco Wholesale Corp                  | Costco Wholesale Corp                  | CUSIP: 22160K105<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | EC               | CORP              | US        |      9500 | NS      | $8658775.00   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Koninklijke Ahold Delhaize NV          | Koninklijke Ahold Delhaize NV          | CUSIP: 000000000<br>LEI: 724500C9GNBV20UYRX36 | Long             | EC               | CORP              | NL        |    334300 | NS      | $13683100.08  | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| American Express Co                    | American Express Co                    | CUSIP: 025816109<br>LEI: R4PP93JZOLY261QX3811 | Long             | EC               | CORP              | US        |     25800 | NS      | $9306834.00   | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| CRH PLC                                | CRH PLC                                | CUSIP: 000000000<br>LEI: 549300MIDJNNTH068E74 | Long             | EC               | CORP              | IE        |    160200 | NS      | $19079820.00  | 1.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Simon Property Group Inc               | Simon Property Group Inc               | CUSIP: 828806109<br>LEI: 529900GQL5X8H7AO3T64 | Long             | EC               | CORP              | US        |     74000 | NS      | $13006240.00  | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Instruments Inc                  | Texas Instruments Inc                  | CUSIP: 882508104<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | EC               | CORP              | US        |     44500 | NS      | $7184970.00   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms Inc                     | Meta Platforms Inc                     | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |     17600 | NS      | $11410960.00  | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| HUNTINGTON BANCSHARES                  | Huntington Bancshares Inc/OH           | CUSIP: 446150BG8<br>LEI: 549300XTVCVV9I7B5T19 | Long             | DBT              | CORP              | US        |   5700000 | PA      | $5654183.97   | 0.53%             | N/A             | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Johnson & Johnson                      | Johnson & Johnson                      | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |     64900 | NS      | $12257663.00  | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| McKesson Corp                          | McKesson Corp                          | CUSIP: 58155Q103<br>LEI: 549300WZWOM80UCFSF54 | Long             | EC               | CORP              | US        |     19200 | NS      | $15577728.00  | 1.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Aviva PLC                              | Aviva PLC                              | CUSIP: 000000000<br>LEI: YF0Y5B0IB8SM0ZFG9G81 | Long             | EC               | CORP              | GB        |   1434000 | NS      | $12595393.02  | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| McDonald's Corp                        | McDonald's Corp                        | CUSIP: 580135101<br>LEI: UE2136O97NLB5BYP9H04 | Long             | EC               | CORP              | US        |     34200 | NS      | $10206306.00  | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| AbbVie Inc                             | AbbVie Inc                             | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |     54700 | NS      | $11926788.00  | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| S&P Global Inc                         | S&P Global Inc                         | CUSIP: 78409V104<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | EC               | CORP              | US        |     15700 | NS      | $7649197.00   | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Walmart Inc                            | Walmart Inc                            | CUSIP: 931142103<br>LEI: Y87794H0US1R65VBXU25 | Long             | EC               | CORP              | US        |    179400 | NS      | $18151692.00  | 1.70%             |  |  |  | No            |                  1 | On Loan: No      |
| General Electric Co                    | General Electric Co                    | CUSIP: 369604301<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | EC               | CORP              | US        |     83700 | NS      | $25859115.00  | 2.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Prologis Inc                           | Prologis Inc                           | CUSIP: 74340W103<br>LEI: 529900DFH19P073LZ636 | Long             | EC               | CORP              | US        |     93500 | NS      | $11602415.00  | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Oracle Corp                            | Oracle Corp                            | CUSIP: 68389X105<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | EC               | CORP              | US        |     78800 | NS      | $20693668.00  | 1.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Exelon Corp                            | Exelon Corp                            | CUSIP: 30161N101<br>LEI: 3SOUA6IRML7435B56G12 | Long             | EC               | CORP              | US        |    344800 | NS      | $15902176.00  | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Merck & Co Inc                         | Merck & Co Inc                         | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |    188500 | NS      | $16207230.00  | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Lennar Corp                            | Lennar Corp                            | CUSIP: 526057104<br>LEI: 529900G61XVRLX5TJX09 | Long             | EC               | CORP              | US        |     78800 | NS      | $9753076.00   | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of America Corp                   | Bank of America Corp                   | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |    550900 | NS      | $29445605.00  | 2.76%             |  |  |  | No            |                  1 | On Loan: No      |
| TJX Cos Inc/The                        | TJX Cos Inc/The                        | CUSIP: 872540109<br>LEI: V167QI9I69W364E2DY52 | Long             | EC               | CORP              | US        |    125400 | NS      | $17573556.00  | 1.64%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-12-19

**Name of Applicant:** PAYDEN & RYGEL INVESTMENT GROUP

**Signature:** Sandi Brents

**Name of Signer:** Sandi Brents

**Title:** Compliance Officer