Payden Emerging Markets Local Bond Fund (PYELX) Alternatives

Payden Emerging Markets Local Bond Fund (PYELX) 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 PYELX. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.

Cheapest Alternatives to PYELX

PYELX charges 0.09% annually. Among mutual funds in the Emerging Markets Bonds category, these options have the lowest expense ratios among PYELX alternatives.

Symbol	Name	Expense Ratio	Inception
IMCDX	Voya Emerging Markets Corporate Debt Fund	0.10%	Aug 8, 2012	PYELX vs IMCDX
VEGBX	Vanguard Emerging Markets Bond Fund Admiral Shares	0.40%	Dec 6, 2017	PYELX vs VEGBX
SEDAX	SEI Institutional Investments Trust Emerging Marke...	0.41%	Dec 4, 2005	PYELX vs SEDAX
GMOQX	GMO Emerging Country Debt Fund Class VI	0.51%	Apr 19, 1994	PYELX vs GMOQX
GMCDX	GMO Emerging Country Debt Fund	0.53%	Apr 18, 1994	PYELX vs GMCDX

Best Risk-Adjusted Alternatives to PYELX

Among mutual funds in the Emerging Markets Bonds category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.

Symbol	Name	Risk / Return Rank	Inception
AGEPX	American Beacon Frontier Markets Income Fund	98	Feb 24, 2014	PYELX vs AGEPX
AGEYX	American Beacon Developing World Income Fund Class...	98	Feb 25, 2014	PYELX vs AGEYX
DBLLX	DoubleLine Low Duration Emerging Markets Fixed Inc...	98	Apr 6, 2014	PYELX vs DBLLX
EELDX	Eaton Vance Emerging Markets Debt Opportunities Fu...	98	Feb 3, 2013	PYELX vs EELDX
EIDOX	Eaton Vance Emerging Markets Debt Opportunities Fu...	98	Sep 3, 2015	PYELX vs EIDOX

Top Performing PYELX Alternatives (YTD)

PYELX alternatives from the Emerging Markets Bonds category, sorted by year-to-date return.

Symbol	Name	YTD Return	Inception
GMCDX	GMO Emerging Country Debt Fund	2.00%	Apr 18, 1994	PYELX vs GMCDX
GMOQX	GMO Emerging Country Debt Fund Class VI	2.00%	Apr 19, 1994	PYELX vs GMOQX
AGEPX	American Beacon Frontier Markets Income Fund	1.69%	Feb 24, 2014	PYELX vs AGEPX
AGEYX	American Beacon Developing World Income Fund Class...	1.59%	Feb 25, 2014	PYELX vs AGEYX
EELDX	Eaton Vance Emerging Markets Debt Opportunities Fu...	1.45%	Feb 3, 2013	PYELX vs EELDX

Lowest Volatility Alternatives to PYELX

PYELX alternatives from the Emerging Markets Bonds category, sorted by annualized volatility over the past year.

Symbol	Name	Volatility 1Y	Inception
DBLLX	DoubleLine Low Duration Emerging Markets Fixed Inc...	1.43%	Apr 6, 2014	PYELX vs DBLLX
AMAPX	Amana Participation Fund	2.08%	Sep 27, 2015	PYELX vs AMAPX
DLENX	DoubleLine Emerging Markets Fixed Income Fund Clas...	2.59%	Apr 6, 2010	PYELX vs DLENX
PYCEX	Payden Emerging Markets Corporate Bond Fund	2.59%	Nov 10, 2013	PYELX vs PYCEX
DBLEX	DoubleLine Emerging Markets Fixed Income Fund	2.61%	Apr 5, 2010	PYELX vs DBLEX

Lowest Drawdown Alternatives to PYELX

PYELX alternatives from the Emerging Markets Bonds category, sorted by maximum drawdown over the past year.

Symbol	Name	Max Drawdown 1Y	Inception
DBLLX	DoubleLine Low Duration Emerging Markets Fixed Inc...	-1.35%	Apr 6, 2014	PYELX vs DBLLX
AMAPX	Amana Participation Fund	-2.51%	Sep 27, 2015	PYELX vs AMAPX
DBLEX	DoubleLine Emerging Markets Fixed Income Fund	-2.77%	Apr 5, 2010	PYELX vs DBLEX
DLENX	DoubleLine Emerging Markets Fixed Income Fund Clas...	-2.77%	Apr 6, 2010	PYELX vs DLENX
PYCEX	Payden Emerging Markets Corporate Bond Fund	-2.96%	Nov 10, 2013	PYELX vs PYCEX

Other Mutual Funds from Paydenfunds

Most popular Paydenfunds mutual funds on PortfoliosLab, across asset classes.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
PYHRX	Payden High Income Fund	High Yield Bonds	32	0.06%	Dec 30, 1997	PYELX vs PYHRX
PYFRX	Payden Floating Rate Fund	Bank Loan	94	-0.31%	Nov 10, 2013	PYELX vs PYFRX
PYARX	Payden Absolute Return Bond Fund	Nontraditional Bonds	60	-1.00%	Nov 5, 2014	PYELX vs PYARX
PYLMX	Payden Limited Maturity Fund	Ultrashort Bond	99	0.19%	Apr 29, 1994	PYELX vs PYLMX
PKBIX	Payden/Kravitz Cash Balance Plan Fund	Multisector Bonds	77	-0.81%	Sep 21, 2008	PYELX vs PKBIX
PYVLX	Payden Equity Income Fund	Large Cap Value Equities	45	-1.31%	Nov 1, 1996	PYELX vs PYVLX
PYCBX	Payden Core Bond Fund	Intermediate Core-Plus Bond	55	-0.57%	Dec 31, 1993	PYELX vs PYCBX
PYGSX	Payden Global Low Duration Fund	Global Bonds	97	0.15%	Sep 17, 1996	PYELX vs PYGSX
PYACX	Payden Corporate Bond Fund	Corporate Bonds	41	-1.23%	Mar 12, 2009	PYELX vs PYACX
PYCRX	Payden California Municipal Social Impact Fund	Municipal Bonds	67	-0.46%	Dec 16, 1998	PYELX vs PYCRX

Often Compared With PYELX

What investors most often compare with PYELX, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
PELBX	PIMCO Emerging Markets Local Currency and Bond Fun...	Emerging Markets Bonds	86	-3.25%	Dec 28, 2006	PYELX vs PELBX
ABALX	American Funds American Balanced Fund Class A	Diversified Portfolio	85	-1.12%	Jul 26, 1975	PYELX vs ABALX
PACEX	T. Rowe Price Emerging Markets Corporate Bond Fund	Emerging Markets Bonds	71	-1.68%	May 23, 2012	PYELX vs PACEX
FNMIX	Fidelity New Markets Income Fund	Emerging Markets Bonds	90	-0.73%	—	PYELX vs FNMIX
VEMBX	Vanguard Emerging Markets Bond Fund Investor Share...	Emerging Markets Bonds	90	-1.40%	Mar 10, 2016	PYELX vs VEMBX
PEMIX	PIMCO Emerging Markets Corporate Bond Fund	Emerging Markets Bonds	76	-1.90%	Jun 30, 2009	PYELX vs PEMIX
PFUMX	Principal Finisterre Emerging Markets Total Return...	Emerging Markets Bonds	95	-1.15%	Jul 10, 2016	PYELX vs PFUMX
SHMDX	Virtus Stone Harbor Emerging Mkts Debt	Emerging Markets Bonds	91	-1.45%	Aug 15, 2007	PYELX vs SHMDX
TEI	Templeton Emerging Markets Income Fund	Emerging Markets Bonds	82	-4.77%	—	PYELX vs TEI
ESDIX	Ashmore Emerging Markets Short Duration Select Fun...	Emerging Markets Bonds	—	—	Jun 14, 2020	PYELX vs ESDIX
PFSIX	PIMCO Emerging Markets Full Spectrum Bond Fund	Emerging Markets Bonds	90	-2.64%	Feb 24, 2013	PYELX vs PFSIX
DBELX	DoubleLine Emerging Markets Local Currency Bond Fu...	Emerging Markets Bonds	86	-2.91%	Jun 27, 2019	PYELX vs DBELX
TEDNX	TIAA-CREF Emerging Markets Debt Fund	Emerging Markets Bonds	77	-3.29%	Sep 25, 2014	PYELX vs TEDNX
TGEIX	TCW Emerging Markets Income Fund	Emerging Markets Bonds	90	-1.46%	May 28, 1998	PYELX vs TGEIX
WEDIX	William Blair Emerging Markets Debt Fund	Emerging Markets Bonds	93	-1.16%	May 24, 2021	PYELX vs WEDIX
EDD	Morgan Stanley Emerging Markets Domestic Fund	Emerging Markets Bonds	50	-2.66%	Apr 24, 2007	PYELX vs EDD
EMTIX	Transamerica Emerging Markets Debt Fund	Emerging Markets Bonds	92	-0.74%	Aug 30, 2011	PYELX vs EMTIX
PYGFX	Payden Global Fixed Income Fund	Global Bonds	34	-0.95%	Aug 31, 1992	PYELX vs PYGFX
TGWIX	TCW Emerging Markets Local Currency Income Fund	Emerging Markets Bonds	82	-3.32%	Dec 13, 2010	PYELX vs TGWIX
AEDVX	American Century Emerging Markets Debt Fund	Emerging Markets Bonds	94	-1.32%	Jul 28, 2014	PYELX vs AEDVX

Compare PYELX with Any Fund or Stock

Compare PYELX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

Symbol name

Payden Emerging Markets Local Bond Fund

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