Payden Emerging Markets Bond (PYEMX)
| Fund Assets | 897.74M |
| Expense Ratio | 0.74% |
| Min. Investment | $100,000 |
| Turnover | 65.00% |
| Dividend (ttm) | 0.78 |
| Dividend Yield | 7.12% |
| Dividend Growth | 13.67% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 28, 2025 |
| Previous Close | 10.99 |
| YTD Return | 10.90% |
| 1-Year Return | 11.33% |
| 5-Year Return | 13.54% |
| 52-Week Low | 10.02 |
| 52-Week High | 11.01 |
| Beta (5Y) | 0.49 |
| Holdings | 383 |
| Inception Date | Dec 17, 1998 |
About PYEMX
The Payden Emerging Markets Bond Fund is an actively managed mutual fund dedicated to investing in a diversified array of sovereign and corporate bonds from emerging-market countries. Its principal aim is to offer investors exposure to the debt markets of developing economies, focusing on countries selected through comprehensive analysis of macroeconomic indicators, sovereign credit metrics, political stability, and the quality of business environments. The portfolio maintains geographic diversification across Latin America, Europe, and Asia, with a primary emphasis on U.S. dollar-denominated securities but also includes selective local currency opportunities. The fund is managed by Payden & Rygel, leveraging over two decades of experience in emerging-market fixed income. Characterized by a predominant focus on sovereign debt with opportunistic allocations to corporates, the strategy employs a pure bond approach with minimal use of derivatives or distressed instruments. With monthly dividend payments and an expense ratio positioned competitively within its category, the Payden Emerging Markets Bond Fund serves as a tool for long-term investors seeking diversification and potential yield enhancements through exposure to emerging market bond markets.
Performance
PYEMX had a total return of 11.33% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.63%.
Top 10 Holdings
22.04% of assets| Name | Symbol | Weight |
|---|---|---|
| Usd/Brl Fwd 20250825 00816 | n/a | 4.22% |
| Secretaria Do Tesouro Nacional 10% | BNTNF.10 01.01.29 NTNF | 3.57% |
| The Payden & Rygel Investment Group - Payden Cash Reserves Money Market Fund | PBHXX | 2.31% |
| Usd/Pen Fwd 20250818 00816 | n/a | 2.24% |
| Usd/Eur Fwd 20250917 00049 | n/a | 1.79% |
| Usd/Mxn Fwd 20250922 00816 | n/a | 1.73% |
| Other- Interest Receivable | n/a | 1.69% |
| 5 Year Treasury Note Future Sept 25 | n/a | 1.54% |
| Argentina (Republic Of) 4.125% | ARGENT.4.125 07.09.35 | 1.49% |
| Usd/Cnh Fwd 20250818 00816 | n/a | 1.46% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 28, 2025 | $0.0616 | Aug 28, 2025 |
| Jul 30, 2025 | $0.0644 | Jul 30, 2025 |
| Jun 27, 2025 | $0.0616 | Jun 27, 2025 |
| May 29, 2025 | $0.0616 | May 29, 2025 |
| Apr 29, 2025 | $0.0585 | Apr 29, 2025 |
| Mar 28, 2025 | $0.0624 | Mar 28, 2025 |