Payden Emerging Markets Bond SI (PYEIX)
| Fund Assets | 916.70M |
| Expense Ratio | 0.69% |
| Min. Investment | $50,000,000 |
| Turnover | 65.00% |
| Dividend (ttm) | 0.81 |
| Dividend Yield | 7.36% |
| Dividend Growth | 18.68% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Sep 29, 2025 |
| Previous Close | 10.94 |
| YTD Return | 10.93% |
| 1-Year Return | 10.68% |
| 5-Year Return | 15.26% |
| 52-Week Low | 10.00 |
| 52-Week High | 11.04 |
| Beta (5Y) | n/a |
| Holdings | 323 |
| Inception Date | Apr 9, 2012 |
About PYEIX
Payden Emerging Markets Bond Fund SI Class is an open-end mutual fund designed to provide exposure to debt securities issued by sovereign and corporate entities in emerging market countries. Managed by Payden & Rygel, the fund’s primary objective is to deliver a high level of total return through a diversified portfolio that strategically allocates capital across regions such as Latin America, Eastern Europe, Asia, Africa, and the Middle East. Investments are selected via rigorous analysis of macroeconomic variables, sovereign credit profiles, political stability, and the quality of each country's business environment. While the fund has a primary focus on U.S. dollar-denominated bonds, it also seeks selective opportunities in local currency markets to enhance geographic and currency diversification. With a strong emphasis on sovereign debt, complemented by opportunistic allocations to corporate issuers, the fund aims for broad representation of emerging market fixed income. Notably, it employs a pure bond strategy with limited use of credit default swaps or distressed debt. The fund is appropriate for investors with a long-term horizon who seek diversification away from developed market bonds and are comfortable navigating the higher volatility associated with emerging market economies. Its benchmark is the J.P. Morgan EMBI Global Diversified Index, reflecting its commitment to capturing the opportunities and challenges of global emerging debt markets.
Performance
PYEIX had a total return of 10.68% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.28%.
Top 10 Holdings
13.95% of assets| Name | Symbol | Weight |
|---|---|---|
| NOTA DO TESOURO NACIONAL - Brazil Notas do Tesouro Nacional Serie F | BNTNF.10 01.01.29 NTNF | 2.44% |
| The Payden & Rygel Investment Group - Payden Cash Reserves Money Market Fund | PBHXX | 2.04% |
| REPUBLIC OF ARGENTINA - Argentine Republic Government International Bond | ARGENT.4.125 07.09.35 | 1.45% |
| BONOS DE TESORERIA - Peru Government Bond | n/a | 1.35% |
| Costa Rica Government International Bond | COSTAR.6.55 04.03.34 144A | 1.28% |
| REPUBLIC OF GHANA - Ghana Government International Bond | GHANA.5 07.03.35 144A | 1.18% |
| Petroleos Mexicanos | PEMEX.6.625 06.15.35 | 1.10% |
| REPUBLIC OF ARGENTINA - Argentine Republic Government International Bond | ARGENT.0.75 07.09.30 | 1.05% |
| The Payden & Rygel Investment Group - Payden Cash Reserves Money Market Fund | PBHXX | 1.04% |
| REPUBLIC OF PERU - Peruvian Government International Bond | PERU.6.9 08.12.37 144A | 1.02% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 29, 2025 | $0.0624 | Sep 29, 2025 |
| Aug 28, 2025 | $0.0623 | Aug 28, 2025 |
| Jul 30, 2025 | $0.0627 | Jul 30, 2025 |
| Jun 27, 2025 | $0.060 | Jun 27, 2025 |
| May 29, 2025 | $0.0598 | May 29, 2025 |
| Apr 29, 2025 | $0.0578 | Apr 29, 2025 |