Payden Emerging Markets Corporate Bond Fund (PYCEX) belongs to the Emerging Markets Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with PYCEX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PYCEX
PYCEX charges 0.65% annually. There are 9 mutual funds in the Emerging Markets Bonds category with lower expense ratios, going as low as 0.09%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Payden Emerging Markets Local Bond Fund | 0.09% | — | Nov 2011 | PYCEX vs PYELX | |
| Voya Emerging Markets Corporate Debt Fund | 0.10% | — | Aug 2012 | PYCEX vs IMCDX | |
| Vanguard Emerging Markets Bond Fund Admiral Shares | 0.40% | — | Dec 2017 | PYCEX vs VEGBX | |
| SEI Institutional Investments Trust Emerging Marke... | 0.41% | — | Dec 2005 | PYCEX vs SEDAX | |
| GMO Emerging Country Debt Fund Class VI | 0.51% | — | Apr 1994 | PYCEX vs GMOQX |
Best Risk-Adjusted Alternatives to PYCEX
PYCEX has a PortfoliosLab risk / return rank of 91. There are 21 mutual funds in the Emerging Markets Bonds category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| American Beacon Developing World Income Fund Class... | 99 | — | Feb 2014 | PYCEX vs AGEYX | |
| American Beacon Frontier Markets Income Fund | 98 | — | Feb 2014 | PYCEX vs AGEPX | |
| GMO Emerging Country Debt Fund Class VI | 98 | — | Apr 1994 | PYCEX vs GMOQX | |
| GMO Emerging Country Debt Fund | 98 | — | Apr 1994 | PYCEX vs GMCDX | |
| Eaton Vance Emerging Markets Debt Opportunities Fu... | 98 | — | Sep 2015 | PYCEX vs EIDOX |
Top Performing PYCEX Alternatives (YTD)
PYCEX is at 2.27% YTD. There are 51 mutual funds in the Emerging Markets Bonds category with higher YTD returns, going as high as 17.95%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Virtus Stone Harbor Emerging Markets Income Fund | 17.95% | — | Dec 2010 | PYCEX vs EDF | |
| Morgan Stanley Emerging Markets Domestic Fund | 14.01% | — | Apr 2007 | PYCEX vs EDD | |
| GMO Emerging Country Debt Fund Class VI | 9.17% | — | Apr 1994 | PYCEX vs GMOQX | |
| GMO Emerging Country Debt Fund | 9.14% | — | Apr 1994 | PYCEX vs GMCDX | |
| Franklin Emerging Market Debt Opportunities Fund | 8.88% | — | May 2006 | PYCEX vs FEMDX |
Lowest Volatility Alternatives to PYCEX
PYCEX has 2.03% 1-year volatility. There are 2 mutual funds in the Emerging Markets Bonds category with lower 1-year volatility, going as low as 1.17%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| DoubleLine Low Duration Emerging Markets Fixed Inc... | 1.17% | — | Apr 2014 | PYCEX vs DBLLX | |
| DoubleLine Emerging Markets Fixed Income Fund Clas... | 1.95% | — | Apr 2010 | PYCEX vs DLENX | |
| Virtus Stone Harbor Emerg Mkts Corp Dbt | 2.03% | — | May 2011 | PYCEX vs SHCDX | |
| DoubleLine Emerging Markets Fixed Income Fund | 2.08% | — | Apr 2010 | PYCEX vs DBLEX | |
| Delaware Emerging Markets Debt Corporate Fund | 2.11% | — | Sep 2013 | PYCEX vs DEDIX |
Lowest Drawdown Alternatives to PYCEX
PYCEX has a 1-year max drawdown of -2.37%. There are 4 mutual funds in the Emerging Markets Bonds category with shallower 1-year drawdowns, going as shallow as -0.92%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| DoubleLine Low Duration Emerging Markets Fixed Inc... | -0.92% | — | Apr 2014 | PYCEX vs DBLLX | |
| DoubleLine Emerging Markets Fixed Income Fund | -1.81% | — | Apr 2010 | PYCEX vs DBLEX | |
| DoubleLine Emerging Markets Fixed Income Fund Clas... | -1.83% | — | Apr 2010 | PYCEX vs DLENX | |
| Virtus Stone Harbor Emerg Mkts Corp Dbt | -1.90% | — | May 2011 | PYCEX vs SHCDX | |
| Delaware Emerging Markets Debt Corporate Fund | -2.46% | — | Sep 2013 | PYCEX vs DEDIX |
Other Mutual Funds from Paydenfunds
The 10 most viewed Paydenfunds mutual funds shown here include PYHRX, PYFRX, PYGSX and span 10 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Payden High Income Fund | High Yield Bonds | 95 | 2.68% | — | Dec 1997 | PYCEX vs PYHRX | |
| Payden Floating Rate Fund | Bank Loan | 98 | 2.08% | — | Nov 2013 | PYCEX vs PYFRX | |
| Payden Global Low Duration Fund | Global Bonds | 85 | 0.88% | — | Sep 1996 | PYCEX vs PYGSX | |
| Payden Limited Maturity Fund | Ultrashort Bond | 98 | 1.65% | — | Apr 1994 | PYCEX vs PYLMX | |
| Payden Absolute Return Bond Fund | Nontraditional Bonds | 77 | 1.33% | — | Nov 2014 | PYCEX vs PYARX | |
| Payden/Kravitz Cash Balance Plan Fund | Multisector Bonds | 89 | 2.02% | — | Sep 2008 | PYCEX vs PKBIX | |
| Payden Core Bond Fund | Intermediate Core-Plus Bond | 24 | 0.06% | — | Dec 1993 | PYCEX vs PYCBX | |
| Payden Corporate Bond Fund | Corporate Bonds | 16 | -0.07% | — | Mar 2009 | PYCEX vs PYACX | |
| Payden Equity Income Fund | Large Cap Value Equities | 78 | 11.26% | — | Nov 1996 | PYCEX vs PYVLX | |
| Payden California Municipal Social Impact Fund | Municipal Bonds | 69 | 1.26% | — | Dec 1998 | PYCEX vs PYCRX |
Often Compared With PYCEX
Investors most often compare PYCEX with TEI, PACEX, AEDVX. These 20 comparison targets span 3 categories, based on PortfoliosLab usage data.
Compare PYCEX with Any Fund or Stock
Compare PYCEX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PYCEX with funds that move differently
Payden Emerging Markets Corporate Bond Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PYCEX.
Explore PYCEX Diversifiers