Payden Absolute Return Bond Fund Adviser (PYABX)
9.29
+0.01
(+0.11%)
USD |
Jun 09 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.96% | 610.37M | -- | 176.0% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| -55.38M | 4.50% |
Basic Info
| Investment Strategy | |
| The Fund seeks a high level of total return that is consistent with preservation of capital. The Fund seeks to provide total return, whether through price appreciation, or income, or a combination of both. The Fund will invest at least 80% of its investable assets in bonds or investments that provide exposure to bonds. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Taxable Bond |
| Broad Category | Alternative Strategies |
| Global Peer Group | Absolute Return Bond USD |
| Peer Group | Absolute Return Bond Funds |
| Global Macro | Alternative Bond |
| US Macro | Alternative Bond Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Absolute Return Bond Funds |
| Fund Owner Firm Name | Payden & Rygel |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
58
-209.47M
Peer Group Low
154.84M
Peer Group High
1 Year
% Rank:
63
-55.38M
-1.520B
Peer Group Low
1.173B
Peer Group High
3 Months
% Rank:
76
-434.27M
Peer Group Low
314.37M
Peer Group High
3 Years
% Rank:
60
-797.94M
Peer Group Low
4.557B
Peer Group High
6 Months
% Rank:
77
-735.93M
Peer Group Low
552.16M
Peer Group High
5 Years
% Rank:
60
-2.546B
Peer Group Low
4.706B
Peer Group High
YTD
% Rank:
82
-521.26M
Peer Group Low
591.05M
Peer Group High
10 Years
% Rank:
54
-6.734B
Peer Group Low
9.278B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of June 10, 2026.
Asset Allocation
As of March 31, 2026.
| Type | % Net |
|---|---|
| Cash | 2.32% |
| Stock | 0.00% |
| Bond | 102.8% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | -5.17% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
|
USD/EUR Forward Contract
|
7.77% | -- | -- |
| Payden Emerging Markets Local Bond Fund SI | 4.71% | 9.57 | 0.53% |
| iShares JPMorgan USD Emerging Markets Bond ETF | 2.36% | 95.68 | 0.42% |
|
USD/GBP Forward Contract
|
2.31% | -- | -- |
| United States of America USGB 3.5 01/31/2028 FIX USD Government | 2.09% | 99.02 | 0.04% |
|
USD/MXN Forward Contract
|
1.93% | -- | -- |
|
Mexico (United Mexican States) (Government) 7.75% 23-NOV-2034
|
1.70% | -- | -- |
|
USD/CHF Forward Contract
|
1.60% | -- | -- |
| Payden & Rygel Cash Reserves MM Fund Investor | 1.57% | 1.00 | 0.00% |
|
ARES CLO LTD 44RR A1R FLT 5.03454% 17-APR-2034
|
1.33% | -- | -- |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | 0.25% |
| Actual Management Fee | 0.43% |
| Administration Fee | 468.0% |
| Maximum Front Load | -- |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | -- |
| General Availability | |
| Available for Insurance Product | -- |
| Available for RRSP | -- |
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 5000.00 None |
| Minimum Subsequent Investment | 250.00 None |
Basic Info
| Investment Strategy | |
| The Fund seeks a high level of total return that is consistent with preservation of capital. The Fund seeks to provide total return, whether through price appreciation, or income, or a combination of both. The Fund will invest at least 80% of its investable assets in bonds or investments that provide exposure to bonds. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Taxable Bond |
| Broad Category | Alternative Strategies |
| Global Peer Group | Absolute Return Bond USD |
| Peer Group | Absolute Return Bond Funds |
| Global Macro | Alternative Bond |
| US Macro | Alternative Bond Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Absolute Return Bond Funds |
| Fund Owner Firm Name | Payden & Rygel |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (6-8-26) | 5.98% |
| 30-Day SEC Yield (4-30-26) | 3.64% |
| 7-Day SEC Yield | -- |
| Number of Holdings | 374 |
| Bond | |
| Yield to Maturity (3-31-26) | 6.33% |
| Effective Duration | 1.88 |
| Average Coupon | 6.21% |
| Calculated Average Quality | 3.799 |
| Effective Maturity | 13.58 |
| Nominal Maturity | 13.61 |
| Number of Bond Holdings | 294 |
As of March 31, 2026
Fund Details
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |
Excel Add-In Codes
| Name: =YCI("M:PYABX", "name") |
| Broad Asset Class: =YCI("M:PYABX", "broad_asset_class") |
| Broad Category: =YCI("M:PYABX", "broad_category_group") |
| Prospectus Objective: =YCI("M:PYABX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |