PAYDEN & RYGEL INVESTMENT GROUP
Payden Global Low Duration Fund
$68.77M
Avg Monthly Net Assets
$48.39M
Total Assets
$1.32M
Total Liabilities
$47.07M
Net Assets
Payden Global Low Duration Fund is a Mutual Fund in PAYDEN & RYGEL INVESTMENT GROUP
,
based in California,
United States of America.
The fund has one share class
and monthly net assets of $68.77M.
On September 23rd, 2024 it reported 204 holdings, the largest
being Payden Cash Reserves Money Market Fund (3.9%), US TREASURY N/B (3.1%) and US TREASURY N/B (3.1%).
Data provided by Fincoded.
Share Classes
| Name | Class/Contract ID | Ticker | Monthly Returns (2 years) |
|---|---|---|---|
| Payden Global Low Duration Fund Investor | C000032189 | PYGSX |
Holdings
From latest NPORT-P, filed September 23rd, 2024 for period ending July 31st, 2024.
Historic holdings data available from Fincoded.
| Name | Profile | Category | Country | Value $USD | # Shares | % of Fund |
|---|---|---|---|---|---|---|
| AAR Escrow Issuer LLC | Long | Debt | US | $15K | – | 0.03 |
| ABN AMRO Bank NV | Long | Debt | NL | $205K | – | 0.43 |
| AerCap Ireland Capital DAC / AerCap Global Aviation Trust (AERCAP IRELAND CAP/GLOBA) | Long | Debt | IE | $154K | – | 0.33 |
| Aethon United BR LP / Aethon United Finance Corp (AETHON UN/AETHIN UN FIN) | Long | Debt | US | $66K | – | 0.14 |
| Air Lease Corp | Long | Debt | US | $220K | – | 0.47 |
| Aker BP ASA | Long | Debt | NO | $241K | – | 0.51 |
| Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC (ALBERTSONS COS/SAFEWAY) | Long | Debt | US | $73K | – | 0.15 |
| Alliant Energy Finance LLC | Long | Debt | US | $61K | – | 0.13 |
| Allison Transmission Inc | Long | Debt | US | $68K | – | 0.15 |
| Ally Auto Receivables Trust 2024-1 | Long | ABS-other | US | $100K | – | 0.21 |
| Ally Financial Inc | Long | Debt | US | $70K | – | 0.15 |
| American Express Co | Long | Debt | US | $353K | – | 0.75 |
| American Express Co | Long | Debt | US | $126K | – | 0.27 |
| Aptiv PLC / Aptiv Corp | Long | Debt | JE | $69K | – | 0.15 |
| Asian Development Bank | Long | Debt | $558K | – | 1.19 | |
| Athene Global Funding | Long | Debt | US | $243K | – | 0.52 |
| BAE Systems PLC | Long | Debt | GB | $201K | – | 0.43 |
| Banco Santander SA | Long | Debt | ES | $202K | – | 0.43 |
| Bank Gospodarstwa Krajowego | Long | Debt | PL | $263K | – | 0.56 |
| Bank of America Corp | Long | Debt | US | $313K | – | 0.67 |
| Bank of Montreal | Long | Debt | CA | $228K | – | 0.48 |
| Banque Federative du Credit Mutuel SA (BANQUE FED CRED MUTUEL) | Long | Debt | FR | $355K | – | 0.75 |
| Banque Federative du Credit Mutuel SA (BANQUE FED CRED MUTUEL) | Long | Debt | FR | $201K | – | 0.43 |
| Benchmark 2018-B6 Mortgage Trust (BENCHMARK Mortgage Trust) | Long | ABS-mortgage backed security | US | $153K | – | 0.32 |
| Blackstone Private Credit Fund | Long | Debt | US | $94K | – | 0.20 |
| Blue Owl Capital Corp | Long | Debt | US | $128K | – | 0.27 |
| Blue Owl Technology Finance Corp | Long | Debt | US | $80K | – | 0.17 |
| Blue Racer Midstream LLC / Blue Racer Finance Corp (BLUE RACER MID LLC/FINAN) | Long | Debt | US | $36K | – | 0.08 |
| BNG Bank NV | Long | Debt | NL | $749K | – | 1.59 |
| Boeing Co/The | Long | Debt | US | $92K | – | 0.20 |
| BPCE SA | Long | Debt | FR | $399K | – | 0.85 |
| BPCE SA | Long | Debt | FR | $252K | – | 0.53 |
| BSPRT 2023-FL10 Issuer Ltd (BSPRT Issuer, Ltd.) | Long | ABS-collateralized bond/debt obligation | US | $202K | – | 0.43 |
| BX Commercial Mortgage Trust 2020-VKNG (BX Trust) | Long | ABS-mortgage backed security | US | $277K | – | 0.59 |
| BX Commercial Mortgage Trust 2024-XL4 (BX Trust) | Long | ABS-mortgage backed security | US | $294K | – | 0.63 |
| BX Commercial Mortgage Trust 2024-XL5 (BX Trust) | Long | ABS-mortgage backed security | US | $239K | – | 0.51 |
| BX Trust 2021-ARIA | Long | ABS-mortgage backed security | US | $198K | – | 0.42 |
| BX Trust 2024-BIO | Long | ABS-mortgage backed security | US | $199K | – | 0.42 |
| BX Trust 2024-CNYN | Long | ABS-mortgage backed security | US | $197K | – | 0.42 |
| BX Trust 2024-VLT4 | Long | ABS-mortgage backed security | US | $199K | – | 0.42 |
| Caisse d'Amortissement de la Dette Sociale (CAISSE D'AMORT DETTE SOC) | Long | Debt | FR | $399K | – | 0.85 |
| Canadian Imperial Bank of Commerce | Long | Debt | CA | $702K | – | 1.49 |
| Canadian Imperial Bank of Commerce | Long | Debt | CA | $228K | – | 0.48 |
| Canadian National Railway Company | Long | Debt | US | $498K | – | 1.06 |
| Cantor Commercial Real Estate Lending 2019-CF1 | Long | ABS-mortgage backed security | US | $102K | – | 0.22 |
| Capital One Financial Corp | Long | Debt | US | $78K | – | 0.17 |
| Carmax Auto Owner Trust 2024-3 | Long | ABS-other | US | $151K | – | 0.32 |
| CARS-DB4 LP (Capital Automotive Reit) | Long | ABS-other | US | $87K | – | 0.18 |
| CARS-DB5 LP (Capital Automotive Reit) | Long | ABS-other | US | $428K | – | 0.91 |
| Carvana Auto Receivables Trust 2024-P1 | Long | ABS-other | US | $502K | – | 1.07 |
| CCO Holdings LLC / CCO Holdings Capital Corp (CCO HLDGS LLC/CAP CORP) | Long | Debt | US | $73K | – | 0.15 |
| CDP Financial Inc | Long | Debt | CA | $601K | – | 1.28 |
| CDW LLC / CDW Finance Corp (CDW LLC/CDW FINANCE) | Long | Debt | US | $70K | – | 0.15 |
| Chile Government International Bond (REPUBLIC OF CHILE) | Long | Debt | CL | $237K | – | 0.50 |
| Civitas Resources Inc | Long | Debt | US | $95K | – | 0.20 |
| CommonSpirit Health | Long | Debt | US | $197K | – | 0.42 |
| Concentrix Corp | Long | Debt | US | $189K | – | 0.40 |
| Connecticut Avenue Securities Trust 2019-HRP1 (Fannie Mae - CAS) | Long | ABS-mortgage backed security | US | $103K | – | 0.22 |
| Connecticut Avenue Securities Trust 2020-SBT1 (Fannie Mae - CAS) | Long | ABS-mortgage backed security | US | $106K | – | 0.23 |
| Connecticut Avenue Securities Trust 2022-R01 (Fannie Mae - CAS) | Long | ABS-mortgage backed security | US | $207K | – | 0.44 |
| Connecticut Avenue Securities Trust 2022-R08 (Fannie Mae - CAS) | Long | ABS-mortgage backed security | US | $149K | – | 0.32 |
| Connecticut Avenue Securities Trust 2024-R02 (Fannie Mae - CAS) | Long | ABS-mortgage backed security | US | $101K | – | 0.21 |
| Coty Inc | Long | Debt | US | $21K | – | 0.04 |
| CPPIB Capital Inc | Long | Debt | CA | $578K | – | 1.23 |
| Credit Agricole SA | Long | Debt | FR | $355K | – | 0.75 |
| CyrusOne Data Centers Issuer I LLC | Long | ABS-other | US | $188K | – | 0.40 |
| Daimler Truck Finance North America LLC (DAIMLER TRUCK FINAN NA) | Long | Debt | US | $151K | – | 0.32 |
| Danske Bank A/S | Long | Debt | DK | $219K | – | 0.46 |
| Diamond Issuer LLC | Long | ABS-other | US | $366K | – | 0.78 |
| DPL Inc | Long | Debt | US | $39K | – | 0.08 |
| Enel Finance America LLC | Long | Debt | US | $421K | – | 0.89 |
| Enel Finance International NV (ENEL FINANCE INTL NV) | Long | Debt | NL | $201K | – | 0.43 |
| Energy Transfer LP | Long | Debt | US | $169K | – | 0.36 |
| Export Development Canada (EXPORT DEVELOPMNT CANADA) | Long | Debt | CA | $740K | – | 1.57 |
| Fannie Mae Connecticut Avenue Securities (Fannie Mae - CAS) | Long | ABS-mortgage backed security | US | $705K | – | 1.50 |
| First-Citizens Bank & Trust Co (FIRST-CITIZENS BANK/TRST) | Long | Debt | US | $249K | – | 0.53 |
| Flagship Credit Auto Trust 2023-2 | Long | ABS-other | US | $548K | – | 1.17 |
| Ford Motor Credit Co LLC | Long | Debt | US | $199K | – | 0.42 |
| Franklin BSP Capital Corp | Long | Debt | US | $61K | – | 0.13 |
| Freddie Mac STACR REMIC Trust 2021-DNA6 (Freddie Mac - STACR) | Long | ABS-mortgage backed security | US | $104K | – | 0.22 |
| Freddie Mac STACR REMIC Trust 2021-DNA7 (Freddie Mac - STACR) | Long | ABS-mortgage backed security | US | $156K | – | 0.33 |
| Freddie Mac STACR REMIC Trust 2021-HQA3 (Freddie Mac - STACR) | Long | ABS-mortgage backed security | US | $93K | – | 0.20 |
| Freedom Mortgage Holdings LLC | Long | Debt | US | $35K | – | 0.07 |
| FS KKR Capital Corp | Long | Debt | US | $243K | – | 0.52 |
| GBP/USD FORWARD (BARCLAYS PLC) | Derivative-foreign exchange | US | $-3K | – | -0.01 | |
| General Motors Financial Co Inc (GENERAL MOTORS FINL CO) | Long | Debt | US | $71K | – | 0.15 |
| General Motors Financial Co Inc (GENERAL MOTORS FINL CO) | Long | Debt | US | $66K | – | 0.14 |
| Genting New York LLC / GENNY Capital Inc (GENTING NY LLC/GENNY CAP) | Long | Debt | US | $193K | – | 0.41 |
| Glencore Funding LLC | Long | Debt | US | $86K | – | 0.18 |
| GLENPP 0 08/30/24 | Long | Debt | US | $498K | – | 1.06 |
| GM Financial Consumer Automobile Receivables Trust 2024-1 (GM Financial Securitized Term) | Long | ABS-other | US | $201K | – | 0.43 |
| Graphic Packaging International LLC | Long | Debt | US | $15K | – | 0.03 |
| GreatAmerica Leasing Receivables Funding LLC Series 2023-1 (GREAT AMERICA LEASING RECEIVAB) | Long | ABS-other | US | $602K | – | 1.28 |
| Greystone CRE Notes 2021-HC2 LTD (Greystone Commercial Real Esta) | Long | ABS-collateralized bond/debt obligation | KY | $248K | – | 0.53 |
| Gulfport Energy Corp (GULFPORT ENERGY OP CORP) | Long | Debt | US | $122K | – | 0.26 |
| Hess Midstream Operations LP | Long | Debt | US | $46K | – | 0.10 |
| Hyundai Capital America | Long | Debt | US | $389K | – | 0.83 |
| Hyundai Capital America | Long | Debt | US | $86K | – | 0.18 |
| Icon Investments Six DAC | Long | Debt | IE | $204K | – | 0.43 |
| Intercorp Financial Services Inc (INTERCORP FIN SER INC) | Long | Debt | PA | $212K | – | 0.45 |
| JPMorgan Chase & Co | Long | Debt | US | $65K | – | 0.14 |
| JPMorgan Chase Bank NA - CACLN (JPMorgan Chase Bank, NA - CACL) | Long | ABS-other | US | $41K | – | 0.09 |
| Kommuninvest I Sverige AB | Long | Debt | SE | $219K | – | 0.46 |
| Las Vegas Sands Corp | Long | Debt | US | $107K | – | 0.23 |
| LoanCore 2021-CRE5 Issuer Ltd (LoanCore 2021-CRE5 Issuer, Ltd) | Long | ABS-collateralized bond/debt obligation | KY | $331K | – | 0.70 |
| Macquarie Group Ltd | Long | Debt | AU | $183K | – | 0.39 |
| Match Group Holdings II LLC (MATCH GROUP HLD II LLC) | Long | Debt | US | $68K | – | 0.14 |
| MDGH GMTN RSC Ltd | Long | Debt | AE | $238K | – | 0.51 |
| Meritage Homes Corp | Long | Debt | US | $30K | – | 0.06 |
| Morgan Stanley | Long | Debt | US | $179K | – | 0.38 |
| Morgan Stanley | Long | Debt | US | $138K | – | 0.29 |
| National Bank of Canada | Long | Debt | CA | $253K | – | 0.54 |
| National Fuel Gas Co | Long | Debt | US | $227K | – | 0.48 |
| NatWest Group PLC | Long | Debt | GB | $202K | – | 0.43 |
| Navient Private Education Refi Loan Trust 2021-c (Navient Student Loan Trust) | Long | ABS-other | US | $192K | – | 0.41 |
| Navient Private Education Refi Loan Trust 2021-F (Navient Student Loan Trust) | Long | ABS-other | US | $213K | – | 0.45 |
| NBN Co Ltd | Long | Debt | AU | $198K | – | 0.42 |
| Neuberger Berman Loan Advisers Clo 51 Ltd (Neuberger Berman CLO Ltd) | Long | ABS-collateralized bond/debt obligation | JE | $250K | – | 0.53 |
| New Residential Mortgage Loan Trust 2017-1 | Long | ABS-mortgage backed security | US | $91K | – | 0.19 |
| New Residential Mortgage Loan Trust 2017-4 | Long | ABS-mortgage backed security | US | $164K | – | 0.35 |
| Oak Street Investment Grade Net Lease Fund Series 2020-1 | Long | ABS-other | US | $479K | – | 1.02 |
| Oaktown Re VII Ltd (Oaktown Re Ltd) | Long | ABS-mortgage backed security | BM | $43K | – | 0.09 |
| OCP CLO 2014-6 Ltd (OCP CLO Ltd) | Long | ABS-collateralized bond/debt obligation | KY | $250K | – | 0.53 |
| OneMain Direct Auto Receivables Trust 2022-1 | Long | ABS-other | US | $463K | – | 0.98 |
| OneMain Finance Corp | Long | Debt | US | $76K | – | 0.16 |
| OneMain Financial Issuance Trust 2022-3 | Long | ABS-other | US | $403K | – | 0.86 |
| OneMain Financial Issuance Trust 2023-2 | Long | ABS-other | US | $307K | – | 0.65 |
| ONEOK Inc | Long | Debt | US | $127K | – | 0.27 |
| Ovintiv Inc | Long | Debt | US | $185K | – | 0.39 |
| PAYDEN CASH RESERVES MONEY MARKET | Long | Equity-common | US | $1M | 1M | 2.24 |
| Payden Cash Reserves Money Market Fund | Long | Short-term investment vehicle | US | $2M | 2M | 3.92 |
| Penske Automotive Group Inc | Long | Debt | US | $68K | – | 0.15 |
| Penske Truck Leasing Co Lp / PTL Finance Corp (PENSKE TRUCK LEASING/PTL) | Long | Debt | US | $45K | – | 0.10 |
| Petronas Capital Ltd | Long | Debt | MY | $247K | – | 0.53 |
| PFS Financing Corp (PFS Financing Corp.) | Long | ABS-other | US | $203K | – | 0.43 |
| PNC Financial Services Group Inc/The | Long | Debt | US | $45K | – | 0.10 |
| PRA Group Inc | Long | Debt | US | $40K | – | 0.09 |
| QatarEnergy (QATAR ENERGY) | Long | Debt | QA | $233K | – | 0.49 |
| Regal Rexnord Corp | Long | Debt | US | $181K | – | 0.39 |
| Renesas Electronics Corp | Long | Debt | JP | $286K | – | 0.61 |
| Rocket Mortgage LLC / Rocket Mortgage Co-Issuer Inc (ROCKETMTGE CO-ISSUER INC) | Long | Debt | US | $156K | – | 0.33 |
| Rogers Communications Inc | Long | Debt | CA | $226K | – | 0.48 |
| Ryder System Inc | Long | Debt | US | $76K | – | 0.16 |
| Santander Bank Auto Credit-Linked Notes Series 2022-A | Long | ABS-other | US | $44K | – | 0.09 |
| Santander Bank Auto Credit-Linked Notes Series 2022-B | Long | ABS-other | US | $36K | – | 0.08 |
| Santander Bank Auto Credit-Linked Notes Series 2022-C | Long | ABS-other | US | $81K | – | 0.17 |
| Santander Bank Auto Credit-Linked Notes Series 2023-B | Long | ABS-other | US | $252K | – | 0.54 |
| Santander Bank NA - SBCLN (Santander Bank Auto Credit-Lin) | Long | ABS-other | US | $20K | – | 0.04 |
| Santander Drive Auto Receivables Trust 2023-S1 | Long | ABS-other | US | $115K | – | 0.24 |
| Santander Holdings USA Inc | Long | Debt | US | $35K | – | 0.08 |
| Saudi Government International Bond (SAUDI INTERNATIONAL BOND) | Long | Debt | SA | $244K | – | 0.52 |
| SBA Tower Trust | Long | Debt | US | $184K | – | 0.39 |
| SBA Tower Trust | Long | Debt | US | $171K | – | 0.36 |
| Sirius XM Radio Inc | Long | Debt | US | $67K | – | 0.14 |
| SM Energy Co | Long | Debt | US | $30K | – | 0.06 |
| Smith & Nephew PLC | Long | Debt | GB | $50K | – | 0.11 |
| SOFI PROFESSIONAL LOAN PROGRAM 2021-A TRUST (Social Professional Loan Progr) | Long | ABS-other | US | $146K | – | 0.31 |
| SoFi Professional Loan Program 2021-B Trust (Social Professional Loan Progr) | Long | ABS-other | US | $253K | – | 0.54 |
| Stack Infrastructure Issuer LLC | Long | ABS-other | US | $335K | – | 0.71 |
| Standard Industries Inc/NJ | Long | Debt | US | $73K | – | 0.16 |
| Starwood Property Trust Inc | Long | Debt | US | $74K | – | 0.16 |
| Suci Second Investment Co (SUCI SECOND INVEST CO) | Long | Debt | KY | $260K | – | 0.55 |
| Sumitomo Mitsui Financial Group Inc (SUMITOMO MITSUI FINL GRP) | Long | Debt | JP | $346K | – | 0.74 |
| Sumitomo Mitsui Trust Bank Ltd (SUMITOMO MITSUI TR BK LT) | Long | Debt | JP | $349K | – | 0.74 |
| Summit Midstream Holdings LLC | Long | Debt | US | $46K | – | 0.10 |
| Sunoco LP | Long | Debt | US | $26K | – | 0.05 |
| Svensk Exportkredit AB (SWEDISH EXPORT CREDIT) | Long | Debt | SE | $998K | – | 2.12 |
| Svensk Exportkredit AB (SWEDISH EXPORT CREDIT) | Long | Debt | SE | $496K | – | 1.05 |
| Swedbank AB | Long | Debt | SE | $238K | – | 0.51 |
| Switch ABS Issuer LLC (Switch ABS Issuer, LLC) | Long | ABS-other | US | $198K | – | 0.42 |
| Taco Bell Funding LLC (Taco Bell Funding, LLC) | Long | ABS-other | US | $279K | – | 0.59 |
| TerraForm Power Operating LLC | Long | Debt | US | $68K | – | 0.14 |
| Texas Natural Gas Securitization Finance Corp (TEXAS NATURAL GAS SECURITIZTN) | Long | ABS-other | US | $632K | – | 1.34 |
| TierPoint Issuer LLC | Long | ABS-other | US | $298K | – | 0.63 |
| TransCanada Pipelines Limited | Long | Debt | US | $500K | – | 1.06 |
| Transocean Inc | Long | Debt | KY | $51K | – | 0.11 |
| Travel + Leisure Co | Long | Debt | US | $76K | – | 0.16 |
| UBS Group AG | Long | Debt | CH | $206K | – | 0.44 |
| United States Treasury Note/Bond (US TREASURY N/B) | Long | Debt | US | $1M | – | 3.09 |
| United States Treasury Note/Bond (US TREASURY N/B) | Long | Debt | US | $1M | – | 3.06 |
| United States Treasury Note/Bond (US TREASURY N/B) | Long | Debt | US | $946K | – | 2.01 |
| United States Treasury Note/Bond (US TREASURY N/B) | Long | Debt | US | $416K | – | 0.88 |
| United States Treasury Note/Bond (US TREASURY N/B) | Long | Debt | US | $166K | – | 0.35 |
| United States Treasury Note/Bond (US TREASURY N/B) | Long | Debt | US | $117K | – | 0.25 |
| US 2YR NOTE (CBT) (BOARD OF TRADE OF THE CITY OF CHICAGO, INC.) | Derivative-interest rate | US | $67K | – | 0.14 | |
| US 5 YEAR TREASURY NOTE (BOARD OF TRADE OF THE CITY OF CHICAGO, INC.) | Derivative-interest rate | US | $-16K | – | -0.03 | |
| USA Compression Partners LP / USA Compression Finance Corp (USA COM PART/USA COM FIN) | Long | Debt | US | $51K | – | 0.11 |
| Vantage Data Centers Issuer LLC (Vantage Data Centers LLC) | Long | ABS-other | US | $430K | – | 0.91 |
| Var Energi ASA | Long | Debt | NO | $212K | – | 0.45 |
| VB-S1 Issuer LLC - VBTEL | Long | ABS-other | US | $103K | – | 0.22 |
| Venture Global LNG Inc | Long | Debt | US | $51K | – | 0.11 |
| VICI Properties LP | Long | Debt | US | $74K | – | 0.16 |
| Vistra Operations Co LLC (VISTRA CORP) | Long | Debt | US | $39K | – | 0.08 |
| Volkswagen Group of America Finance LLC (VOLKSWAGEN GROUP AMERICA) | Long | Debt | US | $253K | – | 0.54 |
| VW CREDIT INC | Long | Debt | US | $249K | – | 0.53 |
| VW CREDIT INC 0%, du | Long | Debt | US | $250K | – | 0.53 |
| Warnermedia Holdings Inc | Long | Debt | US | $214K | – | 0.46 |
| Wells Fargo & Co (WELLS FARGO & COMPANY) | Long | Debt | US | $262K | – | 0.56 |
| Wells Fargo & Co (WELLS FARGO & COMPANY) | Long | Debt | US | $92K | – | 0.19 |
| Wells Fargo Commercial Mortgage Trust 2018-C46 | Long | ABS-mortgage backed security | US | $130K | – | 0.28 |
| Westlake Automobile Receivables Trust 2024-1 | Long | ABS-other | US | $300K | – | 0.64 |
| Whistler Pipeline LLC | Long | Debt | US | $172K | – | 0.36 |
| Wingstop Funding LLC | Long | ABS-other | US | $273K | – | 0.58 |
| XHR LP | Long | Debt | US | $40K | – | 0.09 |
Address
PAYDEN & RYGEL INVESTMENT GROUP
333 South Grand Avenue
39th Floor
Los Angeles
California
90071
United States of America
Websites
Directors
Rosemarie T. Nassif
Dennis C. Poulsen
Jordan H. Lopez
Asha B. Joshi
Andrew J. Policano
Stephanie Bell-Rose
W.D. Hilton, Jr.
Thomas V. McKernan
Transfer Agents
UMB Fund Services, Inc.
Pricing Services
Refinitiv
Bloomberg Finance L.P.
Intercontinental Exchange, Inc.
IHS Markit Ltd.
Custodians
The Bank of New York Mellon
Shareholder Servicing Agents
UMB Fund Services, Inc.
Admins
Treasury Plus, Inc.
Brokers
J.P. Morgan Securities LLC
GOLDMAN SACHS & CO. LLC