Payden Absolute Return Bond Adv (PYABX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
9.53
0.00 (0.00%)
Sep 12, 2025, 4:00 PM EDT
Fund Assets652.74M
Expense Ratio0.96%
Min. Investment$10,000,000
Turnovern/a
Dividend (ttm)0.55
Dividend Yield5.81%
Dividend Growthn/a
Payout FrequencyMonthly
Ex-Dividend DateAug 28, 2025
Previous Close9.53
YTD Return4.20%
1-Year Return6.22%
5-Year Returnn/a
52-Week Low9.36
52-Week High9.63
Beta (5Y)n/a
Holdings395
Inception Daten/a

About PYABX

Payden Absolute Return Bond Fund – Adviser Class is an actively managed mutual fund focused on delivering total return with an emphasis on capital preservation and low interest rate sensitivity. The strategy targets positive absolute returns across market cycles by investing primarily in global fixed income, including government, corporate, securitized, and emerging‑market debt, and by employing derivatives and currency positions to manage risk and diversify sources of return. The portfolio is flexibly allocated across sectors and geographies, utilizing all areas of the bond market while maintaining relatively limited duration to reduce exposure to interest rate fluctuations. The fund’s objective includes outperforming short‑term cash proxies over time, with materials noting an aim of exceeding local overnight deposit rates by a margin while controlling drawdowns through robust risk management. As part of the Payden Absolute Return Bond suite, the Adviser Class provides access to the same multi‑sector process and risk framework used across share classes, offering monthly income distributions and a profile designed for steady, diversifying returns within a broader asset allocation.

Fund Family Paydenfunds
Category Nontraditional Bond
Stock Exchange NASDAQ
Ticker Symbol PYABX
Share Class (adviser Class)

Performance

PYABX had a total return of 6.22% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.19%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

SymbolShare ClassExpense Ratio
PYAIX(si Class)0.48%
PYARX(investor Class)0.71%

Top 10 Holdings

14.92% of assets
NameSymbolWeight
LETRA TESOURO NACIONAL - Brazil Letras do Tesouro NacionalBLTN.0 07.01.25 LTN4.78%
Payden Emerging Markets Local Bond SIPYILX2.00%
US TREASURY N/B - United States Treasury Note/BondT.3.875 03.31.271.90%
Fannie Mae - CAS - Connecticut Avenue Securities Trust 2023-R03n/a1.03%
Fannie Mae - CAS - Connecticut Avenue Securities Trust 2022-R02CAS.2022-R02 2B10.98%
Freddie Mac - STACR - Freddie Mac STACR REMIC Trust 2021-DNA6STACR.2021-DNA6 B10.90%
Onslow Bay Financial LLC - OBX 2025-NQM2 Trustn/a0.90%
Fannie Mae - CAS - Connecticut Avenue Securities Trust 2021-R01CAS.2021-R01 1B10.86%
Freddie Mac - STACR - Freddie Mac STACR REMIC Trust 2021-DNA7STACR.2021-DNA7 B10.79%
Republic of Poland Government International BondPOLAND.5.375 02.12.35 10Y0.78%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Aug 28, 2025$0.0433Aug 28, 2025
Jul 30, 2025$0.041Jul 30, 2025
Jun 27, 2025$0.0406Jun 27, 2025
May 29, 2025$0.0428May 29, 2025
Apr 29, 2025$0.0416Apr 29, 2025
Mar 28, 2025$0.0525Mar 28, 2025
Full Dividend History