Payden Emerging Markets Local Bond SI (PYILX)
| Fund Assets | 102.15M |
| Expense Ratio | 0.75% |
| Min. Investment | $10,000,000 |
| Turnover | 61.00% |
| Dividend (ttm) | 0.68 |
| Dividend Yield | 7.00% |
| Dividend Growth | 6.19% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Sep 29, 2025 |
| Previous Close | 9.74 |
| YTD Return | 131.04% |
| 1-Year Return | 120.33% |
| 5-Year Return | n/a |
| 52-Week Low | 4.40 |
| 52-Week High | 9.86 |
| Beta (5Y) | 0.41 |
| Holdings | 154 |
| Inception Date | Feb 28, 2022 |
About PYILX
Payden Emerging Markets Local Bond Fund SI Class is a mutual fund focused on fixed income investments within emerging markets. The primary objective of this fund is to achieve a high level of total return by investing at least 80% of its assets in a diverse mix of sovereign and corporate bonds issued by governments and entities located in emerging-market countries. A distinguishing feature of the fund is its emphasis on bonds denominated in local emerging market currencies, offering investors exposure to local interest rates and potential currency appreciation. However, the fund retains the flexibility to invest in bonds denominated in other currencies when attractive opportunities arise. Managed by Payden & Rygel, a firm with significant expertise in emerging market debt, the fund conducts extensive macroeconomic and credit analysis to select countries and securities. It is appropriate for investors seeking diversification beyond developed-market fixed income, with a focus on regions such as Latin America, Europe, and Asia. The fund is non-diversified, pays monthly dividends, and typically appeals to those with a long-term investment horizon who wish to access the growth potential and income opportunities of emerging market debt markets.
Performance
PYILX had a total return of 120.33% in the past year, including dividends. Since the fund's inception, the average annual return has been 27.54%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| PYELX | (investor Class) | 0.99% |
Top 10 Holdings
27.40% of assets| Name | Symbol | Weight |
|---|---|---|
| NOTA DO TESOURO NACIONAL - Brazil Notas do Tesouro Nacional Serie F | BNTNF.10 01.01.29 NTNF | 5.31% |
| NOTA DO TESOURO NACIONAL - Brazil Notas do Tesouro Nacional Serie F | BNTNF.10 01.01.31 NTNF | 3.85% |
| The Payden & Rygel Investment Group - Payden Cash Reserves Money Market Fund | PBHXX | 3.13% |
| Malaysia Government Bond | n/a | 2.64% |
| INDONESIA GOVERNMENT - Indonesia Treasury Bond | n/a | 2.32% |
| China Government Bond | CGB.2.76 05.15.32 INBK | 2.15% |
| Republic of South Africa Government Bond | n/a | 2.12% |
| BONOS DE TESORERIA - Peru Government Bond | n/a | 2.06% |
| Hungary Government Bond | HGB.7 10.24.35 35.A | 1.96% |
| MEX BONOS DESARR FIX RT - Mexican Bonos | MBONO.7.5 05.26.33 M | 1.86% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 29, 2025 | $0.0597 | Sep 29, 2025 |
| Aug 28, 2025 | $0.0595 | Aug 28, 2025 |
| Jul 30, 2025 | $0.0611 | Jul 30, 2025 |
| Jun 27, 2025 | $0.0575 | Jun 27, 2025 |
| May 29, 2025 | $0.0577 | May 29, 2025 |
| Apr 29, 2025 | $0.0518 | Apr 29, 2025 |