The following information regarding Payden & Rygel's Irish-domiciled funds is directed to non-U.S. investors, and these funds are available for purchase by non-U.S. investors only, subject to applicable local law. Access to this information by U.S. investors is for informational purposes only, and is not an offer to sell, a solicitation of an offer, or a recommendation concerning these funds. Payden & Rygel also advises Paydenfunds, a family of mutual funds for U.S. investors.

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The investment strategy and investment management information presented on this Web site should not be construed to be formal financial planning advice or the formation of a financial manager/client relationship. Payden.com is an informative Web site designed to provide information to the general public based on our recommendations of investment management and investment strategies and is not designed to be representative of your own financial needs. Nor does the information contained herein constitute financial management advice. The firm makes no warranty or representation regarding the accuracy or legality of any information contained in this Web site, and assumes no liability for the use of said information. Be advised that as Internet communications are not always confidential, you provide our Web site your personal information at your own risk. Please do not make any decisions about any investment management or investment strategy matter without consulting with a qualified professional.

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