UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
ALL INFORMATION REQUIRED OF INSTITUTIONAL INVESTMENT MANAGERS PURSUANT TO
SECTION 13(F) OF THE SECURITIES EXCHANGE ACT OF 1934 AND RULES THEREUNDER
Report for the Calender Year or Quarter Ended 6/30/99
Check here if Amendment [ ];
Amendment Number: ____
This Amendment (Check only one.):
[ ] is a restatement. [ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: Payden & Rygel
Address: 333 South Grand Avenue
Los Angeles, CA 90071
13F File Number: 28-____________
The institutional investment manager filing this report and the person by whom
it is signed hereby represent that the person signing the report is authorized
to submit it, that all information contained herein is true, correct and
complete, and that it is understood that all required items, statements,
schedules, lists, and tables, are considered integral parts of this form.
Person Signing this Report on Behalf of Reporting Manager:
Name: Edward S. Garlock
Title: Secretary
Phone: 213-625-1900
Signature, Place, and Date of Signing:
/s/
Los Angeles, CA
6/13/99
Report Type (Check only one.):
[ X ] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting
manager are reported in this report.)
[ ] 13F NOTICE. (Check here if no holdings reported are in this report, and
all holdings are reported by other reporting manager(s).)
[ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this
reporting manager are reported in this report and a portion are reported by
other reporting manager(s).)
List of Other Managers Reporting for this Manager:
NONE
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 61
Form 13F Information Table Value Total: $150,676
List of Other Included Managers:
NONE
<TABLE>
<CAPTION>
Title of Value Shares/ SH/ Put/ Invstmnt Other Voting Authority
Name of Issuer Class CUSIP (x$1000) PRN AMT PRN Call Dscrtn Managers Sole Shared None
- -------------- ----- ----- -------- ------- --- ---- -------- -------- ---- ------ ----
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
AMBAC Financial CMN 023139108 212 3,710 SH SOLE 3,710
Adaptec Inc CMN 00651F108 384 10,890 SH SOLE 10,890
Advantica Rest Grp CMN 00758B109 41 12,120 SH SOLE 12,120
Apria Healthcare Grp CMN 037933108 311 18,320 SH SOLE 18,320
At&t CMN 001957109 10,515 188,398 SH SOLE 188,398
Aztar Corp CMN 054802103 180 19,630 SH SOLE 19,630
Bethlehem Steel CMN 087509105 167 21,780 SH SOLE 21,780
Boise Cascade Office P. CMN 097403109 213 18,170 SH SOLE 18,170
Capstead Mortgage CMN 14067E100 136 24,950 SH SOLE 24,950
Cardinal Health Inc CMN 14149Y108 1,020 15,450 SH SOLE 15,450
Caterpillar Inc CMN 149123101 14,024 233,726 SH SOLE 233,726
Charming Shoppes CMN 161133103 153 25,100 SH SOLE 25,100
Chevron Corp. CMN 166751107 13,749 144,445 SH SOLE 144,445
Cirrus Logic Inc CMN 172755100 116 13,060 SH SOLE 13,060
Commonwealth Indutries CMN 203004106 166 13,290 SH SOLE 13,290
Compucom Systems CMN 204780100 77 18,590 SH SOLE 18,590
Cordiant Communications CMN 218514206 158 11,470 SH SOLE 11,470
Credit Acceptance Corp CMN 225310101 100 16,700 SH SOLE 16,700
Delphi Automotive Sys. CMN 247126105 2,027 109,201 SH SOLE 109,201
Dial Corp CMN 25247D101 365 9,820 SH SOLE 9,820
Du Pont (e.i.) De Nemours CMN 263534109 12,196 178,537 SH SOLE 178,537
Duke Realty Investments CMN 264411505 497 22,040 SH SOLE 22,040
Eastman Kodak CMN 277461109 11,894 175,558 SH SOLE 175,558
Ensco International Inc CMN 26874Q100 546 27,400 SH SOLE 27,400
Everest Reinsurance CMN 299808105 208 6,370 SH SOLE 6,370
Exxon Corp. CMN 302290101 9,929 168,972 SH SOLE 168,972
FMC Corp CMN 302491303 260 3,810 SH SOLE 3,810
General Motors CMN 370442105 10,312 156,240 SH SOLE 156,240
Goodyear Tire CMN 382550101 3,945 76,600 SH SOLE 55,700
Hasbro CMN 418056107 566 19,560 SH SOLE 19,560
Health Management Assocts CMN 421933102 116 10,330 SH SOLE 10,330
Hertz Corp CL A 428040109 507 9,480 SH SOLE 9,480
International Paper Co. CMN 460146103 9,808 194,219 SH SOLE 194,219
J.p. Morgan & Company CMN 616880100 14,411 102,572 SH SOLE 102,572
Johns Manville CMN 478129109 391 30,110 SH SOLE 30,110
Laboratory Crp Of Amer Hlds CMN 50540R102 155 53,990 SH SOLE 53,990
Liberty Financial CMN 530512102 203 6,970 SH SOLE 6,970
Mackenzie Financial Corp CMN 554531103 201 18,050 SH SOLE 18,050
Merck & Co., Inc. CMN 589331107 403 5,450 SH SOLE 5,450
Methanex Corp CMN 59151K108 63 16,960 SH SOLE 16,960
Minnesota Mining And Manu. CMN 604059105 13,802 158,762 SH SOLE 158,762
Morton International Inc CMN 619335102 369 10,030 SH SOLE 10,030
National Steel Corp CMN 637844309 100 11,900 SH SOLE 11,900
Patriot Amer Hosp Inc CTF 703352203 105 20,420 SH SOLE 20,420
Perrigo Company CMN 714290103 329 43,110 SH SOLE 43,110
Phillip Morris Companies CMN 718154107 10,963 272,789 SH SOLE 272,789
Protection One Inc CMN 743663304 80 14,810 SH SOLE 14,810
Protective Life Corp CMN 743674103 203 6,160 SH SOLE 6,160
Quantum Corp CMN 747906105 648 26,850 SH SOLE 26,850
Quest Diagnostics Inc CMN 74834L100 373 13,620 SH SOLE 13,620
Reinsurance Group Of America CMN 759351109 450 12,765 SH SOLE 12,765
Silicon Graphics Inc CMN 827056102 353 21,540 SH SOLE 21,540
Storage Tech Corp CMN 862111200 284 12,470 SH SOLE 12,470
Terra Industries CMN 880915103 67 16,740 SH SOLE 16,740
The Reynolds & Reynolds Corp CL A 761695105 339 14,540 SH SOLE 14,540
Thermo Instrument Systems CMN 883559106 374 22,190 SH SOLE 22,190
Tosco Corp CMN 891490302 250 9,650 SH SOLE 9,650
Viad Corp CMN 92552R109 299 9,650 SH SOLE 9,650
Walter Industries Inc CMN 93317Q105 183 14,220 SH SOLE 14,220
Wellpoint Health Network CMN 94973H108 288 3,390 SH SOLE 3,390
Wyndham International CMN 983101106 92 20,420 SH SOLE 20,420
</TABLE>
