Pax E Bond Fund Fundamentals
| PXBIX Fund | USD 8.53 0.03 0.35% |
Pax E Bond fundamentals help investors to digest information that contributes to Pax E's financial success or failures. It also enables traders to predict the movement of Pax Mutual Fund. The fundamental analysis module provides a way to measure Pax E's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Pax E mutual fund.
Pax |
Pax E Bond Mutual Fund Annual Yield Analysis
Pax E's Yield generally refers to the amount of cash that is paid back to the owner of a security over a specific time (usually one year). It is expressed as a percentage of current market price, and usually amounts to all the interests and/or dividends paid over a given period. A higher yield allows the shareholders to generate returns on their investments sooner. However, investors should also be aware that a high yield may be a result of market turmoil or increased price volatility.
Current Pax E Annual Yield | 0 % |
Most of Pax E's fundamental indicators, such as Annual Yield, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Pax E Bond is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Small firms, start-ups, or companies with high growth potential typically do not pay out dividends or distribute a lot of their profits. These companies will have small yield. Alternatively, more established companies, ETFs, and funds that invest in bonds will have higher yields.
| Competition |
In accordance with the recently published financial statements, Pax E Bond has an Annual Yield of 0.0019%. This is much higher than that of the Impax Asset Management family and significantly higher than that of the Intermediate Core Bond category. The annual yield for all United States funds is notably lower than that of the firm.
Pax E Bond Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Pax E's current stock value. Our valuation model uses many indicators to compare Pax E value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Pax E competition to find correlations between indicators driving Pax E's intrinsic value. More Info.Pax E Bond is rated below average in annual yield among similar funds. It is rated below average in year to date return among similar funds creating about 2,958 of Year To Date Return per Annual Yield. Comparative valuation analysis is a catch-all model that can be used if you cannot value Pax E by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Pax E's Mutual Fund. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. 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 Pax E's earnings, one of the primary drivers of an investment's value.Pax Annual Yield Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Pax E's direct or indirect competition against its Annual Yield to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Pax E could also be used in its relative valuation, which is a method of valuing Pax E by comparing valuation metrics of similar companies.Pax E is rated below average in annual yield among similar funds.
Fund Asset Allocation for Pax E
The fund consists of 94.64% investments in fixed income securities, with the rest of funds allocated in cash and various exotic instruments.Asset allocation divides Pax E's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Pax Fundamentals
| Total Asset | 844.12 M | ||||
| Annual Yield | 0 % | ||||
| Year To Date Return | 5.62 % | ||||
| One Year Return | 0.20 % | ||||
| Three Year Return | (3.31) % | ||||
| Five Year Return | (0.05) % | ||||
| Net Asset | 855.93 M | ||||
| Minimum Initial Investment | 250 K | ||||
| Last Dividend Paid | 0.02 | ||||
| Cash Position Weight | 4.04 % | ||||
| Bond Positions Weight | 94.64 % |
About Pax E Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Pax E Bond's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Pax E using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Pax E Bond based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.Under normal market conditions, the fund invests at least 80 percent of its net assets in bonds, which include debt obligations such as mortgage-related securities, securities issued by the United States government or its agencies and instrumentalities, municipal bonds, corporate bonds and high-impact bonds across the spectrum of issuers, each of which is, at the time of purchase, rated at least investment grade or unrated and determined by the adviser to be of comparable quality. It also may have a small allocation of high yield bonds.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Pax E in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Pax E's short interest history, or implied volatility extrapolated from Pax E options trading.
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Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Pax E Bond using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.Build Optimal Portfolios
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pax E Bond. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.