Payden Emerging Markets Bond Adviser (PYEWX)
| Fund Assets | 916.70M |
| Expense Ratio | 0.99% |
| Min. Investment | $5,000 |
| Turnover | 65.00% |
| Dividend (ttm) | 0.78 |
| Dividend Yield | 7.04% |
| Dividend Growth | 19.41% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Sep 29, 2025 |
| Previous Close | 11.05 |
| YTD Return | 11.38% |
| 1-Year Return | 11.01% |
| 5-Year Return | 14.35% |
| 52-Week Low | 10.03 |
| 52-Week High | 11.08 |
| Beta (5Y) | n/a |
| Holdings | 323 |
| 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 11.01% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.72%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
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 | $0.0587 | Sep 29, 2025 |
| 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 |