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Morningstar

Payden Emerging Markets Bond PYEMX

Morningstar Medalist Rating
Medalist Rating as of | See Payden Investment Hub
  • NAV / 1-Day Return 10.27  /  +0.10 %
  • Total Assets 837.3 Mil
  • Adj. Expense Ratio
    0.720%
  • Expense Ratio 0.720%
  • Distribution Fee Level Below Average
  • Share Class Type Institutional
  • Category Emerging Markets Bond
  • Credit Quality / Interest Rate Sensitivity Low/Extensive
  • Min. Initial Investment 100,000
  • Status Open
  • TTM Yield 6.21%
  • Effective Duration 6.94 years

USD | NAV as of Apr 20, 2024 | 1-Day Return as of Apr 20, 2024, 12:21 AM GMT+0

Morningstar’s Analysis PYEMX

Will PYEMX outperform in future?

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

  • Process Pillar

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

  • People Pillar

    The People Pillar is our evaluation of the PYEMX 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 PYEMX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A sound investment process and strong management team underpin Payden Emerging Markets Bond's Morningstar Medalist Rating of Silver.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a cost advantage over competitors, priced within the second-cheapest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings PYEMX

More PYEMX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 11.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Usd/Eur Fwd 20240318 816

5.88 47.4 Mil
Derivative

Payden Cash Reserves Money Market

2.59 20.9 Mil
Cash and Equivalents

Other- Interest Receivable

1.70 13.7 Mil
Cash and Equivalents

South Africa (Republic of) 5.88%

1.50 12.1 Mil
Government

South Africa (Republic of) 6.5%

1.46 11.8 Mil
Government

Colombia (Republic of) 6.13%

1.44 11.6 Mil
Government

Usd/Zar Fwd 20240122 816

1.34 10.8 Mil
Derivative

Secretaria Tesouro Nacional 10%

1.27 10.3 Mil
Government

Czech (Republic of) 2.75%

1.11 9.0 Mil
Government

Costa Rica (Republic of) 6.55%

1.09 8.8 Mil
Government