S000011750 [Member] Annual Fund Operating Expenses - Payden Cash Reserves Money Market Fund

Oct. 31, 2025

Fee Waiver or Reimbursement over Assets, Date of Termination

February 28, 2027

Payden Cash Reserves Money Market Fund (Investor Class)

Prospectus [Line Items]

Management Fees (as a percentage of Assets)

0.15%

Other Expenses (as a percentage of Assets):

0.23%

Expenses (as a percentage of Assets)

0.38%

Fee Waiver or Reimbursement

(0.13%)

^[1]

Net Expenses (as a percentage of Assets)

0.25%

[1]

Payden & Rygel (“Payden” or the “Adviser”) has contractually agreed to waive its investment advisory fee or reimburse Fund expenses to the extent that the Total Annual Fund Operating Expenses After Fee Waiver or Expense Reimbursement (excluding Acquired Fund Fees and Expenses, interest, taxes, and extraordinary expenses) exceed 0.25%. This agreement has a one‑year term ending February 28, 2027; it may be renewed and may be amended by approval of a majority of the Fund’s Board of Trustees.