PYILX Performance — Payden Emerging Markets Local Bond Fund, (SI Class)
Data updated: 2026-09-23
PYILX returned +1.53% year to date and +9.90% over one year to Jul 2026. The annualised 3-year return is +6.31%. Against its Emerging Markets Bond category average the fund came out behind over three years but ahead over one: $100 invested three years ago grew to $120, against $126 for the category, and to $110 over one year, against $109. Volatility over the past three years was 9.06% a year. In the 12 months to Jul 2026 the fund lost a net $1.9M, and assets reached $99.67M.
PYILX Growth of $100
What $100 invested in Payden Emerging Markets Local 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 | PYILX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $110 | $109 |
| 3 years (Aug 2023 – Jul 2026) | $120 | $126 |
| Since data start (Mar 2022 – Jul 2026) | $123 | $124 |
PYILX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +1.53% |
| 1 year | +9.90% |
| 3 years (annualised) | +6.31% |
PYILX Annual Returns
Calendar-year total returns of Payden Emerging Markets Local Bond Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +1.53% |
| 2025 | +20.34% |
| 2024 | −3.50% |
| 2023 | +13.70% |
| 2022 (Mar–Dec) | −8.40% |
PYILX 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 | +1.8% | +1.9% | −6.5% | +3.1% | +1.0% | +0.5% | 0.0% | — | — | — | — | — |
| 2025 | +2.4% | +0.3% | +1.4% | +2.8% | +1.6% | +3.4% | −1.1% | +2.9% | +1.7% | +0.5% | +1.6% | +1.4% |
| 2024 | −1.9% | −0.5% | −0.1% | −2.4% | +1.6% | −1.2% | +2.0% | +3.2% | +3.4% | −5.0% | −0.3% | −2.0% |
| 2023 | +4.7% | −3.1% | +4.1% | +0.9% | −1.6% | +3.5% | +2.8% | −3.3% | −3.9% | −0.2% | +5.6% | +4.1% |
| 2022 | — | — | −4.0% | −5.0% | +1.4% | −5.0% | +1.1% | +0.1% | −5.0% | −0.6% | +7.2% | +1.8% |
PYILX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 9.06%
- 3-year Sharpe ratio: 0.20 (vs 4.5% risk-free rate)
- Best month: +5.60% (Nov 2023)
- Worst month: −6.51% (Mar 2026)
PYILX Fund Flows
Monthly money in and out of Payden Emerging Markets Local Bond Fund, from SEC Form N-PORT.
- 12-month net flow: −$1.9M
- 12-month gross sales (incl. reinvestments): $24.8M
- Sales ÷ redemptions: 0.93×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $682K | $120K | $562K |
| Jun 2026 | $308K | $20.0M | −$19.7M |
| May 2026 | $355K | $3K | $352K |
| Apr 2026 | $354K | $203K | $151K |
| Mar 2026 | $13.3M | $23K | $13.3M |
| Feb 2026 | $4.7M | $73K | $4.6M |
| Jan 2026 | $627K | $12K | $614K |
| Dec 2025 | $852K | $40K | $811K |
| Nov 2025 | $359K | $2.4M | −$2.0M |
| Oct 2025 | $354K | $91K | $262K |
| Sep 2025 | $2.2M | $15K | $2.1M |
| Aug 2025 | $713K | $3.7M | −$3.0M |
PYILX Assets Under Management
Net assets of Payden Emerging Markets Local Bond Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $99.67M |
| 2026-04-30 | $118.44M |
| 2026-01-30 | $104.06M |
| 2025-10-31 | $102.36M |
| 2025-07-31 | $99.87M |
| 2025-04-30 | $84.18M |
| 2025-01-31 | $72.34M |
| 2024-10-31 | $74.07M |
| 2024-07-31 | $73.25M |
| 2024-04-30 | $72.52M |
| 2024-01-31 | $79.84M |
| 2023-10-31 | $70.64M |
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.