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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 9.98  /  0.30 %
  • Total Assets 807.9 Mil
  • Adj. Expense Ratio
    0.730%
  • Expense Ratio 0.730%
  • 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 7.84%
  • Effective Duration 6.87 years

USD | NAV as of Dec 02, 2023 | 1-Day Return as of Dec 02, 2023, 1:29 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 0
  • Bond Holdings 306
  • Other Holdings 99
  • % Assets in Top 10 Holdings 11.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Usd/Eur Fwd 20230920 816

5.30
42,050,680
Derivative

Payden Cash Reserves Money Market

3.39
26,877,641
Cash and Equivalents

Usd/Zar Fwd 20230926 816

2.05
16,256,543
Derivative

Usd/Mxn Fwd 20230718 816

1.91
15,118,477
Derivative

Usd/Brl Fwd 20230710 00908

1.89
14,973,417
Derivative

Other-Interest Receivable

1.71
13,573,028
Cash and Equivalents

Usd/Idr Fwd 20230713 00229

1.53
12,158,498
Derivative

Brl/Usd Fwd 20230710 816

1.53
12,130,597
Derivative

Indonesia (Republic of) 7%

1.48
11,768,112
Government

South Africa (Republic of) 6.5%

1.45
11,472,648
Government