Payden Emerging Markets Local Bond Fund

U.S. News evaluated 101 Emerging Markets Bond Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

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Performance

The fund has returned 1.68 percent over the past year.

Trailing Returns Updated 06.30.2014
Year to date 4.3%
1 Year 1.7%
3 Years (Annualized) N/A
5 Years (Annualized) N/A
10 Years (Annualized) N/A

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Summary

The investment seeks a high level of total return. The fund normally invests at least 80% of its total assets in a wide variety of Bonds. It invests at least 80% of its total assets in Emerging Market Investments. Under normal market conditions, a significant portion of the fund's investments will be denominated in Emerging Market Currencies. The fund may invest up to 20% of its total assets in debt instruments and income-producing securities that are not Bonds, including for example loans made by U.S. and foreign companies. It is non-diversified.

Fees

Fees are Low compared to funds in the same category.
Payden Emerging Markets Local Bond Fund has an expense ratio of 1.16 percent.

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Risk

Risk is N/A compared to funds in the same category according to Morningstar.

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