Morningstar

Payden Emerging Markets Local Bond Fund SI Class PYILX

Morningstar Medalist Rating
Medalist Rating as of | See Payden Investment Hub
  • NAV / 1-Day Return 9.72  /  +0.52 %
  • Total Assets 100.1M
  • Adj. Expense Ratio
    0.750%
  • Expense Ratio 0.750%
  • Distribution Fee Level Below Average
  • Share Class Type Institutional
  • Category Emerging-Markets Local-Currency Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Min. Initial Investment 10M
  • Status Open
  • TTM Yield 7.51%
  • Effective Duration 5.79 years

USD | NAV as of Jul 11, 2026 | 1-Day Return as of Jul 11, 2026, 12:41 AM GMT+0

Morningstar’s Analysis PYILX

Will PYILX outperform in the 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 PYILX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

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

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Payden Emerging Markets Local Bond SI holds a quantitatively derived Silver Morningstar Medalist Rating. The rating reflects that it has scored well on factors Morningstar research associates with future outperformance relative to category peers.

by Morningstar Automated Analysis
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Portfolio Holdings PYILX

More PYILX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 29.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Myr/Usd Fwd 20260709 00229

4.50 5M
Derivative

Secretaria Do Tesouro Nacional 10%

4.09 5M
Government

Ministerio de Hacienda y Credito Publico 11%

3.86 5M
Government

Pln/Usd Fwd 20260824 00049

3.61 4M
Derivative

South Africa (Republic of) 9%

3.59 4M
Government

Secretaria Do Tesouro Nacional 10%

3.50 4M
Government

Peru (Republic Of) 6.85%

3.05 4M
Government

Thb/Usd Fwd 20260717 00229

3.03 4M
Derivative

Usd/Pen Fwd 20260817 00816

2.64 3M
Derivative

Other- Interest Receivable

2.55 3M
Cash and Equivalents

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