Payden Absolute Return Bond Adv (PYABX)

Fund Assets	571.79M
Expense Ratio	0.96%
Min. Investment	$5,000
Turnover	176.00%
Dividend (ttm)	0.56
Dividend Yield	6.08%
Dividend Growth	1.86%
Payout Frequency	Monthly
Ex-Dividend Date	Aug 28, 2026

Previous Close	9.27
YTD Return	1.95%
1-Year Return	3.18%
5-Year Return	n/a
52-Week Low	9.19
52-Week High	9.54
Beta (5Y)	n/a
Holdings	382
Inception Date	n/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
• Performance Rating: Average
• Risk Rating: Below Average
• Stock Exchange: NASDAQ
• Ticker Symbol: PYABX
• Share Class: (adviser Class)

Performance

PYABX had a total return of 3.18% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.86%.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
PYAIX	(si Class)	0.48%
PYARX	(investor Class)	0.71%

Top 10 Holdings

14.85% of assets

Name	Symbol	Weight
Payden Emerging Markets Local Bond SI	PYILX	4.78%
iShares JP Morgan USD Emerging Markets Bond ETF	EMB	1.89%
UNITED MEXICAN STATES - SECRETARIA DE HACIENDA Y CREDITO PUBLICO - MBONO 7.75 11/23/34 M	MBONO.7.75 11.23.34 M	1.73%
BRAZIL, FEDERATIVE REPUBLIC OF - SECRETARIA DO TESOURO NACIONAL - BNTNF 10 01/01/31 NTNF	BNTNF.10 01.01.31 NTNF	1.27%
PERU, REPUBLIC OF - DIRECCION GENERAL DE CREDITO PUBLICO - PERUGB 6.85 08/12/35	PERUGB.6.85 08.12.35	1.23%
Payden Cash Reserves Money Market	PBHXX	1.09%
HUNGARY, REPUBLIC OF - MINISTRY OF FINANCE - HGB 3.25 10/22/31 31/A	HGB.3.25 10.22.31 31.A	0.78%
SOUTH AFRICA, REPUBLIC OF - NATIONAL TREASURY - SAGB 8.5 01/31/37 2037	SAGB.8.5 01.31.37 2037	0.72%
UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT - T 3.5 01/31/28	T.3.5 01.31.28	0.70%
EMRLD BORROWER LP	EMECLI.L 08.04.31 2	0.66%

Dividend History

Ex-Dividend	Amount	Pay Date
Aug 28, 2026	$0.0446	Aug 28, 2026
Jul 30, 2026	$0.0437	Jul 30, 2026
Jun 29, 2026	$0.0443	Jun 29, 2026
May 28, 2026	$0.0475	May 28, 2026
Apr 29, 2026	$0.0172	Apr 29, 2026
Mar 30, 2026	$0.031	Mar 30, 2026

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Sep 20, 2026

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