Payden Emerging Markets Bond (PYEMX)
| Fund Assets | 916.70M |
| Expense Ratio | 0.74% |
| Min. Investment | $100,000 |
| Turnover | 65.00% |
| Dividend (ttm) | 0.81 |
| Dividend Yield | 7.29% |
| Dividend Growth | 18.91% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Oct 30, 2025 |
| Previous Close | 11.09 |
| YTD Return | 12.87% |
| 1-Year Return | 12.15% |
| 5-Year Return | 14.83% |
| 52-Week Low | 10.02 |
| 52-Week High | 11.21 |
| Beta (5Y) | 0.49 |
| Holdings | 379 |
| 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 12.15% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.66%.
Top 10 Holdings
19.54% of assets| Name | Symbol | Weight |
|---|---|---|
| Usd/Eur Fwd 20250917 00049 | n/a | 2.61% |
| Usd/Cop Fwd 20251023 00816 | n/a | 2.44% |
| Secretaria Do Tesouro Nacional 10% | BNTNF.10 01.01.29 NTNF | 2.39% |
| The Payden & Rygel Investment Group - Payden Cash Reserves Money Market Fund | PBHXX | 2.33% |
| Usd/Clp Fwd 20251022 00049 | n/a | 1.85% |
| 5 Year Treasury Note Future Dec 25 | n/a | 1.68% |
| Usd/Mxn Fwd 20250922 00816 | n/a | 1.62% |
| Usd/Pen Fwd 20251120 00049 | n/a | 1.56% |
| Peru (Republic Of) 6.85% | PERUGB.6.85 08.12.35 | 1.53% |
| Usd/Brl Fwd 20251119 00816 | n/a | 1.52% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Oct 30, 2025 | $0.0633 | Oct 30, 2025 |
| Sep 29, 2025 | $0.0618 | Sep 29, 2025 |
| 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 |