Payden Emerging Markets Bond Fund: (MF: PYEMX)
(NASDAQ Mutual Funds) As of Apr 25, 2024 08:00 PM ET
$10.23 USD
-0.04 (-0.39%)
Fund Description
Incepted in December 1998, Payden & Rygel serves as the investment adviser to the fund. The fund seeks a high level of total return. The fund invests in a wide variety of debt instruments and income-producing securities. The Emerging Markets Bond Fund invests in a diversified portfolio of emerging market sovereign and corporate bonds. The fund takes a top-down approach driven by political and economic fundamentals and maintains regional diversification across Latin America, Europe and Asia. The portfolio has an average duration of four and a half to six years. Bonds are denominated primarily in U.S. dollars, rather than in local currencies. The fund declares and distributes dividends to shareholders quarterly. The fund distributes any net realized capital gains from the sale of portfolio securities at least once yearly.
Load Information
| Ticker | Max Load % |
Deferred Load % |
Red. Fee % |
12B-1 Fee % |
Mgmt Fee % |
Expense Ratio % |
|
|---|---|---|---|---|---|---|---|
| Payden Emerg Mkts Bond | PYEMX | NA | NA | 0.00 | 0.00 | 0.45 | 0.72 |
Return Data
| Ticker | Nav | Inception Date | % yield | 1 year return | 2 year return | 3 year return | |
|---|---|---|---|---|---|---|---|
| Payden Emerg Mkts Bond R | PYEMX | 10.27 | 12/16/1998 | 1.56 | 13.21 | -0.89 | 1.21 |
| Payden Emerg Mkts Bond Adv | PYEWX | 10.52 | 11/12/2009 | 1.47 | 13.04 | -1.12 | 0.97 |
| Payden Emerg Mkts Bond Inst | PYEIX | 10.48 | 4/10/2012 | 1.54 | 13.39 | -0.82 | 1.25 |
Investment Information
| Ticker | Minimum Initial Investment ($) | Minimum Subsequent Investment ($) | Minimum Initial IRA ($) | Dividend Frequency | |
|---|---|---|---|---|---|
| Payden Emerg Mkts Bond | PYEMX | 5000 | 250 | 2000 | M |
Contact Information
| Family | Payden & Rygel |
| Address | 333 S Grand Ave, Ste 3200 Los Angeles, CA 90071 |
| Phone | 800 572-9336 |