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Title: |
Master Trust Agreement |
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Date: |
2008 |
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Preview shows 2KB of 7KB total |
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Price: |
$34 |
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ID: |
#3271498 |
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THE PAYDEN & RYGEL INVESTMENT GROUP
AMENDMENT NO. 37 TO
MASTER TRUST AGREEMENT
This Amendment No. 36 to the Master Trust Agreement of The Payden & Rygel
Investment Group, dated January 22, 1992, as amended (the "Agreement"), is made
as of February __, 2008.
WHEREAS, pursuant to the Agreement, the Trustees have previously
established and designated twenty sub-trusts known as the Payden Limited
Maturity Fund, Payden Short Bond Fund, Payden U.S. Government Fund, Payden GNMA
Fund, Payden Core Bond Fund, Payden Opportunity Bond Fund, Payden High Income
Fund, Payden Cash Reserves Money Market Fund, Payden Tax Exempt Bond Fund,
Payden California Municipal Income Fund, Payden Growth & Income Fund, Payden
Market Return Fund, Payden U.S. Growth Leaders Fund, Payden Global Short Bond
Fund, Payden Global Fixed Income Fund, Payden Emerging Markets Bond Fund,
Payden/Wilshire Longevity Fund 2010+, Payden/Wilshire Longevity Fund 2020+,
Payden/Wilshire Longevity Fund 2030+ and Payden/Wilshire Longevity Fund 2040+,;
and
WHEREAS, the Trustees have the authority, without shareholder approval,
under Section 7.3 of the Agreement, to amend the Agreement in any manner, so
long as such amendment does not adversely affect the rights of any shareholder
and is not in contravention of applicable law; and
WHEREAS, the Trustees hereby desire to establish and designate an
additional sub-trust, to be known as the Payden Global Equity Fund,
respectively, and to fix the rights and preferences of the shares of each such
additional sub-trust, effective February __, 2008;
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