Payden Absolute Mutual Fund Money Managers
PYAIX Fund | USD 9.51 0.01 0.11% |
Break down of Payden Absolute's management performance can provide insight into the fund's overall performance. Note that fund manager's attribution analysis is becoming a valuable factor that both investors and analysts use to determine the amount of risk that may be associated with Payden Absolute's future under-performance.
Payden |
Symbol | PYAIX |
Name | Payden Absolute Return |
Type | Mutual Fund |
Country | United States |
Exchange | NMFQS |
Information on Payden Absolute Return Leadership is currently not available.
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Payden Absolute Net Asset Comparison
Payden Absolute Return is rated top fund in net asset among similar funds. Total Asset Under Management (AUM) of Nontraditional Bond category is currently estimated at about 43.65 Billion. Payden Absolute adds roughly 145.41 Million in net asset claiming only tiny portion of funds under Nontraditional Bond category.
Payden Absolute Return Benchmark Summation
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The output start index for this execution was zero with a total number of output elements of sixty-one. Payden Absolute Return Price Series Summation is a cross summation of Payden Absolute price series and its benchmark/peer.
About Payden Absolute Management Performance
The success or failure of an entity such as Payden Absolute Return often depends on how effective the management is. Payden Absolute management team is responsible for propelling the future growth in the right direction and administering and controlling the business activities and accounting for the results. Ineffective management usually contributes to failure in the company's future performance for all stakeholders equally, but most importantly, for investors. So it is important to measure the effectiveness of Payden management before purchasing its stock. In many ways, it's all about finding the answer to one important question - Are they doing the right thing right now? How would we assess whether the Payden management is utilizing all available resources in the best possible way? Also, how well is the company doing relative to others in its sector and the market as a whole? The answer can be found by analyzing a few important fundamental indicators such as return on assets and return on equity.
Under normal market conditions, the fund will invest at least 80 percent of its investable assets in bonds or investments that provide exposure to bonds. The funds absolute return strategy seeks to have positive absolute returns over the long term, regardless of different market environments. To achieve this goal, the fund seeks to provide total return, whether through price appreciation, or income, or a combination of both.
Please note that you must use caution to infer results of funds future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Other Information on Investing in Payden Mutual Fund
Payden Absolute financial ratios help investors to determine whether Payden Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Payden with respect to the benefits of owning Payden Absolute security.
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