Fund Currently Managed
Payden Emerging Markets Bond Fund/R (PYEMX); (since inception in December 1998)
Investment Style Overview
Invests in both sovereign and corporate debt issued by emerging markets nations, but with a focus on relatively high credit quality, and improving long-term macro-economic fundamentals and political trends. Emphasizes regional diversification.
Key Security Selection Criteria
*High credit quality.
*Significant upside potential.