Payden Emerging Markets Corporate Bond Fund Investor Cl (PYCEX)

Overview

The fund primarily focuses on investments in corporate bonds tied to entities that are either based in, or conduct significant operations within, emerging market countries. The definition of an "emerging market country" leverages classifications from international bodies such as the International Monetary Fund, the World Bank, the International Finance Corporation, and the United Nations, identifying these regions as places with economies in the development or emerging phase. By dedicating at least 80% of its total assets towards corporate bonds from these markets, the fund seeks to tap into the growth potential offered by emerging economies. This strategic allocation underscores the fund's commitment to seeking returns through exposure to the evolving economic landscapes of these nations.

Products and Services

• Corporate Bonds from Emerging Markets

  This product consists of debts issued by corporations that are either headquartered in emerging market countries or conduct a significant portion of their operations within these regions. By investing in such bonds, the fund aims to benefit from the potential economic growth in these areas. Corporate bonds from emerging markets are chosen based on a variety of factors, including but not limited to, the financial health of the issuing corporation, the economic stability and growth prospects of the host country, and the potential for investment returns that outweigh the inherent risks of emerging markets.