The portfolio maintains a sizable cost advantage over competitors, priced within the cheapest fee quintile among peers.
Payden Absolute Return Bond Investor PYARX
- NAV / 1-Day Return 9.56 / 0.00
- Total Assets 550.0 Mil
-
Adj. Expense Ratio
- Expense Ratio 0.700%
- Distribution Fee Level Below Average
- Share Class Type Institutional
- Category Nontraditional Bond
- Credit Quality / Interest Rate Sensitivity —
- Min. Initial Investment 100,000
- Status Open
- TTM Yield 5.11%
- Effective Duration —
USD | NAV as of Apr 26, 2024 | 1-Day Return as of Apr 26, 2024, 12:13 AM GMT+0
Morningstar’s Analysis PYARX
Will PYARX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings −9.1
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Cash Offset- Futures | 22.05 | 154.4 Mil | Cash and Equivalents |
Usd/Eur Fwd 20240318 00908 | 7.97 | 55.8 Mil | Derivative |
2 Year Treasury Note Future Mar 24 | 5.86 | 41.0 Mil | Government |
United States Treasury Notes 2.38% | 5.09 | 35.7 Mil | Government |
United States Treasury Notes 4.88% | 3.02 | 21.1 Mil | Government |
Payden Emerging Markets Local Bond SI | 1.48 | 10.4 Mil | — |
Swap Vm Godman Sachs Usd | 1.24 | 8.7 Mil | Government |
Usd/Brl Fwd 20240110 00908 | 1.03 | 7.2 Mil | Derivative |
Secretaria Tesouro Nacional | 1.01 | 7.1 Mil | Government |
Usd/Gbp Fwd 20240221 816 | 1.01 | 7.0 Mil | Derivative |