Payden Emerging Markets Bond Fund (PYEMX) 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 PYEMX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PYEMX
PYEMX charges 0.73% annually. There are 14 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 | PYEMX vs PYELX | |
| Voya Emerging Markets Corporate Debt Fund | 0.10% | — | Aug 2012 | PYEMX vs IMCDX | |
| Vanguard Emerging Markets Bond Fund Admiral Shares | 0.35% | — | Dec 2017 | PYEMX vs VEGBX | |
| SEI Institutional Investments Trust Emerging Marke... | 0.41% | — | Dec 2005 | PYEMX vs SEDAX | |
| Vanguard Emerging Markets Bond Fund Investor Share... | 0.50% | 5.90B | Mar 2016 | PYEMX vs VEMBX |
Best Risk-Adjusted Alternatives to PYEMX
PYEMX has a PortfoliosLab risk / return rank of 81. There are 30 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 | PYEMX vs AGEYX | |
| American Beacon Frontier Markets Income Fund | 99 | — | Feb 2014 | PYEMX vs AGEPX | |
| Eaton Vance Emerging Markets Debt Opportunities Fu... | 98 | — | Sep 2015 | PYEMX vs EIDOX | |
| Eaton Vance Emerging Markets Debt Opportunities Fu... | 98 | — | Feb 2013 | PYEMX vs EELDX | |
| Artisan Emerging Markets Debt Opportunities Fund | 98 | — | Apr 2022 | PYEMX vs APFOX |
Top Performing PYEMX Alternatives (YTD)
PYEMX is at 2.19% YTD. There are 35 mutual funds in the Emerging Markets Bonds category with higher YTD returns, going as high as 14.80%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Morgan Stanley Emerging Markets Domestic Fund | 14.80% | — | Apr 2007 | PYEMX vs EDD | |
| Virtus Stone Harbor Emerging Markets Income Fund | 13.38% | — | Dec 2010 | PYEMX vs EDF | |
| Franklin Emerging Market Debt Opportunities Fund | 8.72% | — | May 2006 | PYEMX vs FEMDX | |
| Eaton Vance Emerging Markets Debt Opportunities Fu... | 8.53% | — | Sep 2015 | PYEMX vs EIDOX | |
| Eaton Vance Emerging Markets Debt Opportunities Fu... | 8.44% | — | Feb 2013 | PYEMX vs EELDX |
Lowest Volatility Alternatives to PYEMX
PYEMX has 4.53% 1-year volatility. There are 32 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 | PYEMX vs DBLLX | |
| DoubleLine Emerging Markets Fixed Income Fund Clas... | 1.98% | — | Apr 2010 | PYEMX vs DLENX | |
| Virtus Stone Harbor Emerg Mkts Corp Dbt | 2.05% | — | May 2011 | PYEMX vs SHCDX | |
| Payden Emerging Markets Corporate Bond Fund | 2.05% | — | Nov 2013 | PYEMX vs PYCEX | |
| DoubleLine Emerging Markets Fixed Income Fund | 2.12% | — | Apr 2010 | PYEMX vs DBLEX |
Lowest Drawdown Alternatives to PYEMX
PYEMX has a 1-year max drawdown of -4.68%. There are 42 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 | PYEMX vs DBLLX | |
| DoubleLine Emerging Markets Fixed Income Fund | -1.81% | — | Apr 2010 | PYEMX vs DBLEX | |
| DoubleLine Emerging Markets Fixed Income Fund Clas... | -1.83% | — | Apr 2010 | PYEMX vs DLENX | |
| Virtus Stone Harbor Emerg Mkts Corp Dbt | -1.90% | — | May 2011 | PYEMX vs SHCDX | |
| Payden Emerging Markets Corporate Bond Fund | -2.37% | — | Nov 2013 | PYEMX vs PYCEX |
Other Mutual Funds from Paydenfunds
The 10 most viewed Paydenfunds mutual funds shown here include PYFRX, PYHRX, PYGSX and span 10 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Payden Floating Rate Fund | Bank Loan | 98 | 2.25% | — | Nov 2013 | PYEMX vs PYFRX | |
| Payden High Income Fund | High Yield Bonds | 94 | 2.35% | — | Dec 1997 | PYEMX vs PYHRX | |
| Payden Global Low Duration Fund | Global Bonds | 89 | 0.96% | — | Sep 1996 | PYEMX vs PYGSX | |
| Payden Absolute Return Bond Fund | Nontraditional Bonds | 82 | 1.28% | — | Nov 2014 | PYEMX vs PYARX | |
| Payden Limited Maturity Fund | Ultrashort Bond | 98 | 1.65% | — | Apr 1994 | PYEMX vs PYLMX | |
| Payden/Kravitz Cash Balance Plan Fund | Multisector Bonds | 91 | 2.02% | — | Sep 2008 | PYEMX vs PKBIX | |
| Payden Corporate Bond Fund | Corporate Bonds | 13 | -0.90% | — | Mar 2009 | PYEMX vs PYACX | |
| Payden Core Bond Fund | Intermediate Core-Plus Bond | 23 | -0.40% | — | Dec 1993 | PYEMX vs PYCBX | |
| Payden Equity Income Fund | Dividend, Large Cap Value Equities | 81 | 11.38% | — | Nov 1996 | PYEMX vs PYVLX | |
| Payden Global Fixed Income Fund | Global Bonds | 20 | 0.05% | — | Aug 1992 | PYEMX vs PYGFX |
Often Compared With PYEMX
Investors most often compare PYEMX with PYCRX, SWHFX, GMOQX. These 20 comparison targets span 14 categories, based on PortfoliosLab usage data.
Compare PYEMX with Any Fund or Stock
Compare PYEMX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PYEMX with funds that move differently
Payden Emerging Markets Bond Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PYEMX.
Explore PYEMX Diversifiers