PYELX – Payden Emerging Markets Local Bond Inv Fund Stock Price | Morningstar

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NAV / 1-Day Return 4.67 / −0.64 %
Total Assets 72.8 Mil
Adj. Expense Ratio

0.990%
Expense Ratio 0.990%
Distribution Fee Level Above Average
Share Class Type No Load
Category Emerging-Markets Local-Currency Bond
Credit Quality / Interest Rate Sensitivity Medium/Moderate
Min. Initial Investment 5,000
Status Open
TTM Yield 5.79%
Effective Duration 5.93 years

USD | NAV as of May 01, 2024 | 1-Day Return as of May 01, 2024, 12:38 AM GMT+0

Will PYELX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

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Process Pillar

The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PYELX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar

The People Pillar is our evaluation of the PYELX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar

The Parent Pillar is our rating of PYELX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Payden Emerging Markets Local Bond Inv boasts strong Process and People Pillar ratings, but other weaknesses hold this strategy's Morningstar Medalist Rating at Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.

by Morningstar Manager Research

Rated on Mar 31, 2024 Published on Mar 31, 2024

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