PYCEX Performance — Payden Emerging Markets Corporate Bond Fund, (Investor Class)
Data updated: 2026-09-23
PYCEX returned +1.89% year to date and +5.56% over one year to Jul 2026. Annualised returns are +7.41% over 3 years and +2.50% over 5 years. The fund trailed its Emerging Markets Bond category average: $100 invested three years ago grew to $124, against $126 for the category, and to $106 over one year, against $109. Volatility over the past three years was 3.87% a year. In the 12 months to Jul 2026 the fund took in a net $4.5M, and assets reached $83.48M.
PYCEX Growth of $100
What $100 invested in Payden Emerging Markets Corporate Bond Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Emerging Markets Bond category average over the same months.
| Period | PYCEX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $106 | $109 |
| 3 years (Aug 2023 – Jul 2026) | $124 | $126 |
| 5 years (Aug 2021 – Jul 2026) | $113 | $115 |
| Since data start (Aug 2019 – Jul 2026) | $126 | $123 |
PYCEX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +1.89% |
| 1 year | +5.56% |
| 3 years (annualised) | +7.41% |
| 5 years (annualised) | +2.50% |
PYCEX Annual Returns
Calendar-year total returns of Payden Emerging Markets Corporate Bond Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +1.89% |
| 2025 | +7.96% |
| 2024 | +7.90% |
| 2023 | +7.37% |
| 2022 | −11.02% |
| 2021 | +0.82% |
| 2020 | +8.19% |
| 2019 (Aug–Dec) | +1.98% |
PYCEX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +1.0% | +0.6% | −2.1% | +2.0% | +0.5% | +0.3% | −0.4% | — | — | — | — | — |
| 2025 | +1.0% | +1.4% | −0.2% | −0.6% | +0.4% | +1.4% | +0.8% | +1.4% | +1.0% | +0.3% | +0.1% | +0.8% |
| 2024 | +0.4% | +0.6% | +1.2% | −0.9% | +1.4% | +0.9% | +1.4% | +1.8% | +1.4% | −0.7% | +0.8% | −0.6% |
| 2023 | +2.7% | −2.1% | +0.3% | +0.7% | −0.3% | +0.7% | +1.0% | −0.1% | −0.9% | −1.1% | +3.5% | +2.9% |
| 2022 | −1.8% | −3.5% | −1.2% | −2.5% | −1.3% | −4.6% | +1.8% | +0.4% | −4.7% | −1.8% | +6.3% | +1.9% |
| 2021 | 0.0% | −0.1% | −0.7% | +0.8% | +0.6% | +0.6% | −0.2% | +1.1% | −0.5% | −0.7% | −0.9% | +0.8% |
| 2020 | +1.6% | −0.2% | −12.5% | +4.3% | +4.0% | +2.4% | +3.0% | +1.3% | −0.8% | +0.9% | +3.3% | +1.8% |
| 2019 | — | — | — | — | — | — | — | −1.1% | +0.7% | +0.8% | +0.5% | +1.1% |
PYCEX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 3.87%
- 3-year Sharpe ratio: 0.75 (vs 4.5% risk-free rate)
- Best month: +3.55% (Nov 2023)
- Worst month: −2.09% (Mar 2026)
PYCEX Fund Flows
Monthly money in and out of Payden Emerging Markets Corporate Bond Fund, from SEC Form N-PORT.
- 12-month net flow: $4.5M
- 12-month gross sales (incl. reinvestments): $20.3M
- Sales ÷ redemptions: 1.28×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $406K | $427K | −$21K |
| Jun 2026 | $362K | $519K | −$156K |
| May 2026 | $326K | $105K | $220K |
| Apr 2026 | $310K | $2.5M | −$2.2M |
| Mar 2026 | $359K | $9.5M | −$9.1M |
| Feb 2026 | $343K | $249K | $95K |
| Jan 2026 | $392K | $196K | $197K |
| Dec 2025 | $390K | $169K | $222K |
| Nov 2025 | $6.9M | $48K | $6.8M |
| Oct 2025 | $9.8M | $782K | $9.0M |
| Sep 2025 | $441K | $902K | −$462K |
| Aug 2025 | $316K | $422K | −$105K |
PYCEX Assets Under Management
Net assets of Payden Emerging Markets Corporate Bond Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $83.48M |
| 2026-04-30 | $84.40M |
| 2026-01-30 | $96.61M |
| 2025-10-31 | $89.12M |
| 2025-07-31 | $79.94M |
| 2025-04-30 | $78.42M |
| 2025-01-31 | $78.72M |
| 2024-10-31 | $86.97M |
| 2024-07-31 | $85.02M |
| 2024-04-30 | $79.11M |
| 2024-01-31 | $80.46M |
| 2023-10-31 | $68.31M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.