Payden Emerging Markets Bond Fd: (MF: PYEMX)
NAV
$15.44
NAV Day Change
-0.04 (-0.26%)
May 13 06:05 PM ET
General Information As Of 03/31/13
| %Yield | 4.84 |
| %SEC Yield | 4.67 |
| %YTD Return (as of 03/31/13) | -0.81 |
| Objective* | Fixed Income - Intl Bond |
| Peer* | IB EM |
Portfolio Statistics
| %Unrealized Gain YTD | 6.45 |
| Net Assets (Mil $) 03/31/2013 | 575.78 |
| %Turnover 03/31/2013 | 74.00 |
Fees
| %Max Sales Load | NA |
| %Min Sales Load | NA |
| %Max Deferred Load | NA |
Expenses
| %Max 12b-1 Fee | 0.00 |
| %Max Management Fee | 0.45 |
| Redemption Fee | 2.00 |
| Expense Ratio | 0.78 |
Allocation
| Large Growth | NA |
| Large Value | NA |
| Small Growth | NA |
| Small Value | NA |
| Foreign Stock | NA |
| Emerging Market | NA |
| Precious Metal | NA |
| Intermediate Bond | NA |
| Foreign Bond | NA |
| High Yield Bond | NA |
Portfolio Information
Composition
| As of 10/31/2012 | %of Net Assets |
| Stock | 0.00 |
| Cash | 7.52 |
| Bonds | 97.06 |
| Preferred | 0.00 |
| Convertibles | 0.00 |
| Foreign Stock | 0.00 |
| Foreign Bonds | 0.00 |
| Hedge | 0.00 |
| Other | -4.58 |
Sector / Country Weightings
| As of 03/31/2013 | % of Portfolio |
|---|---|
| NA | NA |
Portfolio Holdings
| Top Holdings (As of 10/31/2012) | % of Portfolio | Value (Mil$) |
|---|---|---|
| ROMANIAN GOVT INTL BOND 1 | 2.11 | 22.24 |
| REPBLC OF PHILIPPINES | 2.08 | 21.88 |
| REPBLC OF PHILIPPINES | 1.80 | 18.97 |
| REPBLC OF SERBIA 144A | 1.73 | 18.25 |
| ING AMERICAS ISSUANCE BV | 1.60 | 16.89 |
| REPBLC OF GHANA | 1.39 | 14.59 |
| MAJAPAHIT HLDG BV 144A | 1.37 | 14.39 |
| MEXICAN BONOS | 1.27 | 13.39 |
| KAZAKHSTAN TEMIR ZHOLY FI | 1.26 | 13.27 |
| DEVT BANK OF KAZAKHSTAN J | 1.24 | 13.02 |
Contact Information
| Family | Payden & Rygel |
| Addrerss | 333 S Grand Ave, Ste 3200 Los Angeles, CA 90071 |
| Phone | 800 572-9336 |
Zacks Premium Research
Zacks Mutual Fund Rank: 1 - Strong Buy 
| #1 |
Fund Description
Incepted in December 1998, Payden & Rygel serves as the investment adviser to the fund. The fund seeks a high level of total return. The fund invests in a wide variety of debt instruments and income-producing securities. The Emerging Markets Bond Fund invests in a diversified portfolio of emerging market sovereign and corporate bonds. The fund takes a top-down approach driven by political and economic fundamentals and maintains regional diversification across Latin America, Europe and Asia. The portfolio has an average duration of four and a half to six years. Bonds are denominated primarily in U.S. dollars, rather than in local currencies. The fund declares and distributes dividends to shareholders quarterly. The fund distributes any net realized capital gains from the sale of portfolio securities at least once yearly.
Stock Holding % of Net Assets
| As Of | 10/31/2012 |
| Total Issues | NA |
| Avg. P/E | NA |
| Avg. P/Book | NA |
| Avg. EPS Growth | NA |
| Avg. Market Value (Mil $) | NA |
Risk
| 3 Year | 5 Year | 10 Year | |
|---|---|---|---|
| Beta | 0.61 | 1.80 | 1.31 |
| Alpha | 6.79 | 1.43 | 4.58 |
| R Squared | 0.04 | 0.34 | 0.33 |
| Std. Dev. | 7.62 | 11.01 | 9.77 |
| Sharpe | 1.35 | 0.99 | 1.00 |
Shareholder Information
| Manager | Team Managed |
| Since | NA |
| Manager Rating | NA |
| Inception Date | 12/16/1998 |
| Shareholders | NA |
| Dividends Paid | M |
| Minimum Initial Investment | $100,000 |
| Minimum Subsequent Investment | $250 |
| IRA Minimum | $100000 |
| IRA Available | Y | Check Writing | N | Phone Invest | Y |
| Phone Exchange | Y | Phone Redeem | Y | Auto Invest | Y |
| Wire Redeem | Y | Wire Fee | Y | Wire Transfer | Y |
Zacks Commentary for PYEMX
Zacks Blog: Top 5 Highest Yielding Zacks #1 Ranked International Bond Mutual Funds
May 06, 2013
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Apr 02, 2013
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Feb 22, 2013
