Payden Floating Financials
| PYFIX Fund | USD 9.71 0.01 0.10% |
Payden |
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.
Payden Floating Fund Summary
Payden Floating competes with Vanguard Financials, Transamerica Financial, Financial Industries, Financial Services, and John Hancock. The fund invests at least 80 percent of its total assets in income producing floating rate loans and other floating rate debt instruments. Floating rate loans are typically debt obligations with interest rates that adjust or float periodically, often on a daily, monthly, quarterly, or semiannual basis by reference to a base lending rate plus a premium. It invests primarily in senior floating rate loans of domestic and foreign borrowers.Specialization | Bank Loan, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| ISIN | US7043292181 |
| Business Address | PAYDEN RYGEL Investment |
| Mutual Fund Family | Paydenfunds |
| Mutual Fund Category | Bank Loan |
| Benchmark | Dow Jones Industrial |
| Phone | 800 572 9336 |
| Currency | USD - US Dollar |
Payden Floating Key Financial Ratios
Payden Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Payden Floating's current stock value. Our valuation model uses many indicators to compare Payden Floating value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Payden Floating competition to find correlations between indicators driving Payden Floating's intrinsic value. More Info.Payden Floating Rate is rated top fund in annual yield among similar funds. It also is rated top fund in year to date return among similar funds creating about 270.05 of Year To Date Return per Annual Yield. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Payden Floating's earnings, one of the primary drivers of an investment's value.Payden Floating Rate Systematic Risk
Payden Floating's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Payden Floating volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Payden Floating Rate correlated with the market. If Beta is less than 0 Payden Floating generally moves in the opposite direction as compared to the market. If Payden Floating Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Payden Floating Rate is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Payden Floating is generally in the same direction as the market. If Beta > 1 Payden Floating moves generally in the same direction as, but more than the movement of the benchmark.
Payden Floating March 20, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Payden Floating help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Payden Floating Rate. We use our internally-developed statistical techniques to arrive at the intrinsic value of Payden Floating Rate based on widely used predictive technical indicators. In general, we focus on analyzing Payden Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Payden Floating's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.1091 | |||
| Information Ratio | 1.56 | |||
| Maximum Drawdown | 0.2074 | |||
| Value At Risk | (0.10) | |||
| Potential Upside | 0.1035 |
Other Information on Investing in Payden Mutual Fund
Payden Floating 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 Floating security.
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