<?xml version="1.0"?>
<edgarSubmission>

    <schemaVersion>X0101</schemaVersion>

    <submissionType>EFFECT</submissionType>

    <act>33</act>

    <testOrLive>LIVE</testOrLive>

    <effectiveData>
        <finalEffectivenessDispDate>2007-06-27</finalEffectivenessDispDate>
        <accessionNumber>0000950134-07-013094</accessionNumber>
        <submissionType>485APOS</submissionType>
        <filer>
            <cik>0000885709</cik>
            <entityName>PAYDENFUNDS</entityName>
            <fileNumber>033-46973</fileNumber>
            <seriesClassContractData>
                <existing>
                    <seriesId>S000018584</seriesId>
                    <seriesName>Payden/Wilshire Longevity Fund 2010+</seriesName>
                    <classContractId>C000051566</classContractId>
                    <classContractName>Payden/Wilshire Longevity Fund 2010+</classContractName>
                </existing>
                <existing>
                    <seriesId>S000018585</seriesId>
                    <seriesName>Payden/Wilshire Longevity Fund 2020+</seriesName>
                    <classContractId>C000051567</classContractId>
                    <classContractName>Payden/Wilshire Longevity Fund 2020+</classContractName>
                </existing>
                <existing>
                    <seriesId>S000018586</seriesId>
                    <seriesName>Payden/Wilshire Longevity Fund 2030+</seriesName>
                    <classContractId>C000051568</classContractId>
                    <classContractName>Payden/Wilshire Longevity Fund 2030+</classContractName>
                </existing>
                <existing>
                    <seriesId>S000018587</seriesId>
                    <seriesName>Payden/Wilshire Longevity Fund 2040+</seriesName>
                    <classContractId>C000051569</classContractId>
                    <classContractName>Payden/Wilshire Longevity Fund 2040+</classContractName>
                </existing>
            </seriesClassContractData>
        </filer>
    </effectiveData>
</edgarSubmission>
