Payden Floating Mutual Fund Money Managers
PYFRX Fund | USD 9.83 0.01 0.10% |
Break down of Payden Floating'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 Floating's future under-performance.
Payden |
Symbol | PYFRX |
Name | Payden Floating Rate |
Type | Mutual Fund |
Country | United States |
Exchange | NMFQS |
Information on Payden Floating Rate Leadership is currently not available.
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Payden Floating Net Asset Comparison
Payden Floating Rate is rated top fund in net asset among similar funds. Total Asset Under Management (AUM) of Bank Loan category is currently estimated at about 6.19 Billion. Payden Floating claims roughly 111.49 Million in net asset contributing just under 2% to funds in Bank Loan category.
Payden Floating Rate 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 Floating Rate Price Series Summation is a cross summation of Payden Floating price series and its benchmark/peer.
About Payden Floating Management Performance
The success or failure of an entity such as Payden Floating Rate often depends on how effective the management is. Payden Floating 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.
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.
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 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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