Payden Absolute Return Bond Fund Investor (PYARX)
9.38
-0.01
(-0.11%)
USD |
Feb 27 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.70% | 665.82M | -- | 176.0% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| 14.42M | 5.76% |
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 | Alternative |
| Broad Category | Alternative Strategies |
| Global Peer Group | Absolute Return USD Low |
| Peer Group | Absolute Return Funds |
| Global Macro | Absolute Return |
| US Macro | Alternative Equity Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Absolute Return Funds |
| Fund Owner Firm Name | Payden & Rygel |
| Broad Asset Class Benchmark Index | |
| ^MSACWINTR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
94
-18.00M
Peer Group Low
50.07M
Peer Group High
1 Year
% Rank:
35
14.42M
-342.16M
Peer Group Low
515.76M
Peer Group High
3 Months
% Rank:
83
-52.07M
Peer Group Low
174.20M
Peer Group High
3 Years
% Rank:
77
-2.259B
Peer Group Low
1.232B
Peer Group High
6 Months
% Rank:
58
-182.25M
Peer Group Low
434.68M
Peer Group High
5 Years
% Rank:
90
-2.453B
Peer Group Low
1.280B
Peer Group High
YTD
% Rank:
90
-27.00M
Peer Group Low
141.36M
Peer Group High
10 Years
% Rank:
20
-8.814B
Peer Group Low
3.087B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of February 28, 2026.
Asset Allocation
As of November 30, 2025.
| Type | % Net |
|---|---|
| Cash | 1.35% |
| Stock | 0.00% |
| Bond | 98.53% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | 0.13% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
|
USD/EUR Forward Contract
|
6.52% | -- | -- |
|
USD/BRL Forward Contract
|
5.13% | -- | -- |
|
Brazil, Federative Republic of (Government) 0% 01-APR-2026
|
4.91% | -- | -- |
| Payden Emerging Markets Local Bond Fund SI | 3.01% | 10.11 | -0.10% |
| iShares JPMorgan USD Emerging Markets Bond ETF | 2.99% | 97.73 | 0.05% |
|
AUD/USD Forward Contract
|
2.75% | -- | -- |
|
USD/GBP Forward Contract
|
1.77% | -- | -- |
|
USD/MXN Forward Contract
|
1.60% | -- | -- |
|
Mexico (United Mexican States) (Government) 7.75% 23-NOV-2034
|
1.56% | -- | -- |
|
USD/CHF Forward Contract
|
1.55% | -- | -- |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | 0.43% |
| Administration Fee | 227.8K% |
| 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 | 100000.0 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 | Alternative |
| Broad Category | Alternative Strategies |
| Global Peer Group | Absolute Return USD Low |
| Peer Group | Absolute Return Funds |
| Global Macro | Absolute Return |
| US Macro | Alternative Equity Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Absolute Return Funds |
| Fund Owner Firm Name | Payden & Rygel |
| Broad Asset Class Benchmark Index | |
| ^MSACWINTR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (2-26-26) | 6.62% |
| 30-Day SEC Yield (1-31-26) | 5.59% |
| 7-Day SEC Yield | -- |
| Number of Holdings | 369 |
| Bond | |
| Yield to Maturity (11-30-25) | 5.72% |
| Effective Duration | 2.10 |
| Average Coupon | 6.00% |
| Calculated Average Quality | 3.068 |
| Effective Maturity | 13.90 |
| Nominal Maturity | 13.90 |
| Number of Bond Holdings | 303 |
As of November 30, 2025
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:PYARX", "name") |
| Broad Asset Class: =YCI("M:PYARX", "broad_asset_class") |
| Broad Category: =YCI("M:PYARX", "broad_category_group") |
| Prospectus Objective: =YCI("M:PYARX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |