Pax High Yield Fund Annual Yield
| PXHIX Fund | USD 5.83 0.01 0.17% |
Pax High Yield fundamentals help investors to digest information that contributes to Pax High'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 High'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 High mutual fund.
Pax |
Pax High Yield Mutual Fund Annual Yield Analysis
Pax High'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 High Annual Yield | 0.06 % |
Most of Pax High'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 High Yield 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 High Yield has an Annual Yield of 0.0568%. This is much higher than that of the Pax World family and significantly higher than that of the High Yield Bond category. The annual yield for all United States funds is notably lower than that of the firm.
Pax Annual Yield Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Pax High'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 High could also be used in its relative valuation, which is a method of valuing Pax High by comparing valuation metrics of similar companies.Pax High is regarded fifth largest fund in annual yield among similar funds.
Fund Asset Allocation for Pax High
The fund consists of 96.83% investments in fixed income securities, with the rest of funds allocated in cash and various exotic instruments.Asset allocation divides Pax High'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
| Price To Book | 0.99 X | ||||
| Price To Sales | 0.37 X | ||||
| Total Asset | 726.84 M | ||||
| Annual Yield | 0.06 % | ||||
| Year To Date Return | 0.29 % | ||||
| One Year Return | 6.33 % | ||||
| Three Year Return | (0.33) % | ||||
| Five Year Return | 2.71 % | ||||
| Ten Year Return | 5.34 % | ||||
| Net Asset | 380.11 M | ||||
| Minimum Initial Investment | 250 K | ||||
| Last Dividend Paid | 0.02 | ||||
| Cash Position Weight | 2.67 % | ||||
| Bond Positions Weight | 96.83 % |
About Pax High Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Pax High Yield's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Pax High using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Pax High Yield 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.
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pax High Yield. 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 Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..