Payden Emerging Markets Bond Adviser (PYEWX)
| Fund Assets | 897.74M |
| Expense Ratio | 0.99% |
| Min. Investment | $5,000 |
| Turnover | 65.00% |
| Dividend (ttm) | 0.75 |
| Dividend Yield | 6.85% |
| Dividend Growth | 13.67% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 28, 2025 |
| Previous Close | 11.02 |
| YTD Return | 10.49% |
| 1-Year Return | 10.80% |
| 5-Year Return | 11.70% |
| 52-Week Low | 10.03 |
| 52-Week High | 11.05 |
| Beta (5Y) | n/a |
| Holdings | 383 |
| Inception Date | Nov 2, 2009 |
About PYEWX
The Payden Emerging Markets Bond Fund Adviser Class is a mutual fund dedicated to providing diversified exposure to sovereign and corporate bonds in emerging markets. Managed by Payden & Rygel, the fund emphasizes a primarily sovereign bond focus while maintaining opportunistic allocations in corporate debt, resulting in broad geographic diversification across Latin America, Europe, and Asia. Most holdings are denominated in U.S. dollars, though the fund selectively invests in local currency markets where compelling opportunities exist. The portfolio is managed by an experienced team with decades of expertise in emerging-market debt, emphasizing credit research and risk management. With a pure bond investment strategy, the fund employs limited use of credit default swaps or distressed debt, preferring direct exposure to underlying fixed-income instruments. It is structured to deliver monthly dividends and offers exposure to various credit qualities, catering to investors seeking income and diversification sourced from dynamic and rapidly developing global economies. The fund plays a vital role as an access point to emerging market fixed income, aiming to capture yield potential and risk premiums associated with these growing regions.
Performance
PYEWX had a total return of 10.80% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.69%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
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 | $0.0596 | Aug 28, 2025 |
| Jul 30, 2025 | $0.0624 | Jul 30, 2025 |
| Jun 27, 2025 | $0.0594 | Jun 27, 2025 |
| May 29, 2025 | $0.0594 | May 29, 2025 |
| Apr 29, 2025 | $0.0564 | Apr 29, 2025 |
| Mar 28, 2025 | $0.0598 | Mar 28, 2025 |