Payden Emerging Markets Bond Fund
Name
As of 11/21/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
8.0%
1 yr return
14.6%
3 Yr Avg Return
-0.1%
5 Yr Avg Return
1.1%
Net Assets
$848 M
Holdings in Top 10
12.6%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.97%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 63.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$5,000
IRA
$2,000
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 11/21/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
PYEWX - Profile
Distributions
- YTD Total Return 8.0%
- 3 Yr Annualized Total Return -0.1%
- 5 Yr Annualized Total Return 1.1%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 4.98%
- Dividend Yield 6.8%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NamePayden Emerging Markets Bond Fund
-
Fund Family NamePaydenfunds
-
Inception DateApr 09, 2012
-
Shares OutstandingN/A
-
Share ClassAdv
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerKristin Ceva
Fund Description
ª | The Fund invests in a wide variety of debt instruments and income-producing securities. These include (1) debt securities issued or guaranteed by the U.S. Government and foreign governments and their agencies and instrumentalities, political subdivisions of foreign governments (such as provinces and municipalities), and supranational organizations (such as the World Bank); (2) debt securities, loans and commercial paper issued by U.S. and foreign companies; and (3) convertible bonds and preferred stock. |
ª | Under normal market conditions, the Fund invests at least 80% of its total assets in debt securities and similar debt instruments issued by governments, agencies and instrumentalities of emerging market countries (or economically linked with such securities), and other issuers organized, headquartered or principally located in emerging market countries. Generally, an “emerging market country” is any country which the International Monetary Fund, the World Bank, the International Finance Corporation or the United Nations defines as having an emerging or developing economy. |
ª | The Fund may invest up to 20% of its total assets in other debt securities and similar debt instruments, including those of issuers located in countries with developed securities markets. |
ª | Under normal market conditions, the Fund invests a substantial portion of its total assets in debt securities of issuers whose securities are rated below investment grade. Investment grade debt securities are rated within the four highest grades by at least one Nationally Recognized Statistical Rating Organization, or are securities that the Fund’s adviser, Payden & Rygel (“Payden”), determines to be of comparable quality. |
ª | The Fund invests a majority of its assets in debt securities payable in U.S. dollars, but will also invest in debt securities payable in foreign currencies. |
ª | Permitted investments also include currencies and derivative instruments (including, but not limited to, spot and currency contracts, futures, options and swaps) used to hedge or gain exposure to the securities markets of emerging market countries or currencies. |
ª | The Fund invests in debt securities of any maturity, and there is no limit on the Fund’s minimum or maximum average portfolio maturity. Maturity is the date when each bond or other debt security pays back its principal. |
ª | The Fund may invest up to 10% of its total assets in equity securities of U.S. or foreign issuers, and may use derivatives to hedge or to gain exposure to such equity markets. |
ª | To gain exposure to various markets consistent with the investment strategies of the Fund, the Fund may invest in exchange-traded funds (“ETFs”) and other investment companies, including for example, other open-end or closed-end investment companies, and including investment companies for which the Adviser provides investment management services (affiliated funds). |
PYEWX - Performance
Return Ranking - Trailing
Period | PYEWX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 8.0% | -6.0% | 465.2% | 17.69% |
1 Yr | 14.6% | -3.7% | 487.9% | 14.29% |
3 Yr | -0.1%* | -8.3% | 59.2% | 66.55% |
5 Yr | 1.1%* | -7.3% | 29.2% | 43.54% |
10 Yr | 2.8%* | -5.5% | 14.5% | 23.24% |
* Annualized
Return Ranking - Calendar
Period | PYEWX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 5.5% | -10.6% | 17.8% | 45.24% |
2022 | -23.3% | -29.1% | -2.4% | 87.32% |
2021 | -7.6% | -24.0% | 2.7% | 53.57% |
2020 | 1.0% | -14.0% | 9.7% | 49.45% |
2019 | 10.1% | -6.4% | 13.0% | 19.10% |
Total Return Ranking - Trailing
Period | PYEWX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 8.0% | -6.0% | 465.2% | 17.69% |
1 Yr | 14.6% | -3.7% | 487.9% | 14.29% |
3 Yr | -0.1%* | -8.3% | 59.2% | 66.55% |
5 Yr | 1.1%* | -7.3% | 29.2% | 43.54% |
10 Yr | 2.8%* | -5.5% | 14.5% | 23.24% |
* Annualized
Total Return Ranking - Calendar
Period | PYEWX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 12.2% | -0.6% | 20.0% | 51.02% |
2022 | -17.7% | -27.6% | -1.7% | 84.51% |
2021 | -2.5% | -18.5% | 7.4% | 39.64% |
2020 | 5.9% | -7.8% | 18.0% | 38.38% |
2019 | 16.1% | -3.0% | 23.0% | 11.24% |
NAV & Total Return History
PYEWX - Holdings
Concentration Analysis
PYEWX | Category Low | Category High | PYEWX % Rank | |
---|---|---|---|---|
Net Assets | 848 M | 565 K | 14.8 B | 28.57% |
Number of Holdings | 337 | 4 | 1860 | 37.41% |
Net Assets in Top 10 | 107 M | -134 M | 1.25 B | 37.76% |
Weighting of Top 10 | 12.56% | 5.8% | 102.2% | 85.22% |
Top 10 Holdings
- Peru Government Bond 1.62%
- Payden Cash Reserves Money Market Fund 1.62%
- Colombia Government International Bond 1.34%
- Egypt Government International Bond 1.30%
- Peruvian Government International Bond 1.29%
- Republic of Uzbekistan International Bond 1.24%
- Republic of Poland Government International Bond 1.11%
- Abu Dhabi Crude Oil Pipeline LLC 1.04%
- Czech Republic Government Bond 1.01%
- Brazil Notas do Tesouro Nacional Serie F 1.00%
Asset Allocation
Weighting | Return Low | Return High | PYEWX % Rank | |
---|---|---|---|---|
Bonds | 97.17% | 0.00% | 105.61% | 23.81% |
Cash | 1.97% | 0.00% | 24.01% | 81.97% |
Stocks | 0.94% | -0.01% | 96.53% | 8.84% |
Convertible Bonds | 0.38% | 0.00% | 8.47% | 36.77% |
Preferred Stocks | 0.00% | 0.00% | 2.76% | 40.48% |
Other | -0.07% | -13.89% | 86.73% | 79.93% |
Stock Sector Breakdown
Weighting | Return Low | Return High | PYEWX % Rank | |
---|---|---|---|---|
Utilities | 0.00% | 0.00% | 11.41% | N/A |
Technology | 0.00% | 0.00% | 30.64% | N/A |
Real Estate | 0.00% | 0.00% | 2.39% | N/A |
Industrials | 0.00% | 0.00% | 100.00% | N/A |
Healthcare | 0.00% | 0.00% | 12.25% | N/A |
Financial Services | 0.00% | 0.00% | 100.00% | N/A |
Energy | 0.00% | 0.00% | 100.00% | N/A |
Communication Services | 0.00% | 0.00% | 8.92% | N/A |
Consumer Defense | 0.00% | 0.00% | 24.66% | N/A |
Consumer Cyclical | 0.00% | 0.00% | 100.00% | N/A |
Basic Materials | 0.00% | 0.00% | 100.00% | N/A |
Stock Geographic Breakdown
Weighting | Return Low | Return High | PYEWX % Rank | |
---|---|---|---|---|
US | 0.94% | 0.00% | 96.53% | 5.78% |
Non US | 0.00% | -0.01% | 88.09% | 41.50% |
Bond Sector Breakdown
Weighting | Return Low | Return High | PYEWX % Rank | |
---|---|---|---|---|
Government | 67.00% | 0.00% | 99.79% | 46.74% |
Corporate | 14.97% | 0.00% | 91.26% | 54.64% |
Cash & Equivalents | 1.62% | 0.00% | 23.23% | 59.18% |
Securitized | 0.00% | 0.00% | 2.41% | 45.36% |
Municipal | 0.00% | 0.00% | 0.00% | 36.77% |
Derivative | -0.07% | -3.00% | 13.76% | 79.25% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | PYEWX % Rank | |
---|---|---|---|---|
US | 80.58% | -42.31% | 99.15% | 46.60% |
Non US | 16.59% | 0.00% | 132.49% | 49.66% |
PYEWX - Expenses
Operational Fees
PYEWX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.97% | 0.02% | 32.92% | 70.65% |
Management Fee | 0.45% | 0.00% | 1.10% | 8.50% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 30.88% |
Administrative Fee | 0.15% | 0.02% | 0.65% | 61.90% |
Sales Fees
PYEWX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.75% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
PYEWX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.75% | 2.00% | 30.53% |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
PYEWX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 63.00% | 0.00% | 218.00% | 63.42% |
PYEWX - Distributions
Dividend Yield Analysis
PYEWX | Category Low | Category High | PYEWX % Rank | |
---|---|---|---|---|
Dividend Yield | 6.77% | 0.00% | 22.22% | 31.29% |
Dividend Distribution Analysis
PYEWX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Quarterly | Quarterly | Quarterly |
Net Income Ratio Analysis
PYEWX | Category Low | Category High | PYEWX % Rank | |
---|---|---|---|---|
Net Income Ratio | 4.98% | -2.28% | 8.00% | 14.29% |
Capital Gain Distribution Analysis
PYEWX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Oct 30, 2024 | $0.060 | OrdinaryDividend |
Sep 27, 2024 | $0.036 | OrdinaryDividend |
Aug 29, 2024 | $0.066 | OrdinaryDividend |
Jul 30, 2024 | $0.066 | OrdinaryDividend |
Apr 29, 2024 | $0.055 | OrdinaryDividend |
Mar 27, 2024 | $0.052 | OrdinaryDividend |
Feb 28, 2024 | $0.061 | OrdinaryDividend |
Jan 30, 2024 | $0.050 | OrdinaryDividend |
Dec 28, 2023 | $0.050 | OrdinaryDividend |
Nov 29, 2023 | $0.052 | OrdinaryDividend |
Oct 30, 2023 | $0.056 | OrdinaryDividend |
Sep 28, 2023 | $0.049 | OrdinaryDividend |
Aug 30, 2023 | $0.053 | OrdinaryDividend |
Jul 28, 2023 | $0.047 | OrdinaryDividend |
Jun 29, 2023 | $0.052 | OrdinaryDividend |
May 30, 2023 | $0.056 | OrdinaryDividend |
Apr 27, 2023 | $0.048 | OrdinaryDividend |
Mar 30, 2023 | $0.050 | OrdinaryDividend |
Feb 27, 2023 | $0.046 | OrdinaryDividend |
Jan 30, 2023 | $0.051 | OrdinaryDividend |
Dec 29, 2022 | $0.197 | OrdinaryDividend |
Nov 29, 2022 | $0.054 | OrdinaryDividend |
Oct 28, 2022 | $0.055 | OrdinaryDividend |
Sep 29, 2022 | $0.040 | OrdinaryDividend |
Aug 30, 2022 | $0.048 | OrdinaryDividend |
Jul 28, 2022 | $0.048 | OrdinaryDividend |
Jun 29, 2022 | $0.035 | OrdinaryDividend |
May 27, 2022 | $0.053 | OrdinaryDividend |
Apr 28, 2022 | $0.051 | OrdinaryDividend |
Mar 30, 2022 | $0.050 | OrdinaryDividend |
Feb 25, 2022 | $0.050 | OrdinaryDividend |
Jan 28, 2022 | $0.058 | OrdinaryDividend |
Dec 30, 2021 | $0.076 | OrdinaryDividend |
Nov 29, 2021 | $0.057 | OrdinaryDividend |
Oct 28, 2021 | $0.065 | OrdinaryDividend |
Sep 29, 2021 | $0.064 | OrdinaryDividend |
Aug 30, 2021 | $0.055 | OrdinaryDividend |
Jul 29, 2021 | $0.058 | OrdinaryDividend |
Jun 29, 2021 | $0.053 | OrdinaryDividend |
May 27, 2021 | $0.056 | OrdinaryDividend |
Apr 29, 2021 | $0.060 | OrdinaryDividend |
Mar 30, 2021 | $0.053 | OrdinaryDividend |
Feb 25, 2021 | $0.051 | OrdinaryDividend |
Jan 28, 2021 | $0.053 | OrdinaryDividend |
Dec 30, 2020 | $0.054 | OrdinaryDividend |
Nov 27, 2020 | $0.056 | OrdinaryDividend |
Oct 29, 2020 | $0.054 | OrdinaryDividend |
Sep 29, 2020 | $0.052 | OrdinaryDividend |
Aug 28, 2020 | $0.057 | OrdinaryDividend |
Jul 30, 2020 | $0.045 | OrdinaryDividend |
Jun 29, 2020 | $0.032 | OrdinaryDividend |
May 28, 2020 | $0.042 | OrdinaryDividend |
Apr 29, 2020 | $0.044 | OrdinaryDividend |
Mar 30, 2020 | $0.066 | OrdinaryDividend |
Feb 27, 2020 | $0.051 | OrdinaryDividend |
Jan 30, 2020 | $0.062 | OrdinaryDividend |
Dec 30, 2019 | $0.061 | OrdinaryDividend |
Nov 27, 2019 | $0.055 | OrdinaryDividend |
Oct 30, 2019 | $0.058 | OrdinaryDividend |
Sep 27, 2019 | $0.056 | OrdinaryDividend |
Aug 29, 2019 | $0.060 | OrdinaryDividend |
Jul 30, 2019 | $0.060 | OrdinaryDividend |
Jun 27, 2019 | $0.060 | OrdinaryDividend |
May 30, 2019 | $0.060 | OrdinaryDividend |
Apr 29, 2019 | $0.059 | OrdinaryDividend |
Mar 28, 2019 | $0.072 | OrdinaryDividend |
Feb 27, 2019 | $0.054 | OrdinaryDividend |
Jan 30, 2019 | $0.061 | OrdinaryDividend |
Dec 28, 2018 | $0.070 | OrdinaryDividend |
Nov 29, 2018 | $0.059 | OrdinaryDividend |
Oct 30, 2018 | $0.061 | OrdinaryDividend |
Sep 27, 2018 | $0.063 | OrdinaryDividend |
Aug 30, 2018 | $0.062 | OrdinaryDividend |
Jul 30, 2018 | $0.064 | OrdinaryDividend |
Jun 28, 2018 | $0.060 | OrdinaryDividend |
May 30, 2018 | $0.063 | OrdinaryDividend |
Apr 27, 2018 | $0.063 | OrdinaryDividend |
Mar 28, 2018 | $0.062 | OrdinaryDividend |
Feb 27, 2018 | $0.052 | OrdinaryDividend |
Jan 30, 2018 | $0.059 | OrdinaryDividend |
Dec 28, 2017 | $0.050 | OrdinaryDividend |
Nov 29, 2017 | $0.065 | OrdinaryDividend |
Oct 30, 2017 | $0.073 | OrdinaryDividend |
Sep 28, 2017 | $0.060 | OrdinaryDividend |
Aug 30, 2017 | $0.061 | OrdinaryDividend |
Jul 28, 2017 | $0.061 | OrdinaryDividend |
Jun 29, 2017 | $0.060 | OrdinaryDividend |
May 30, 2017 | $0.074 | OrdinaryDividend |
Apr 27, 2017 | $0.058 | OrdinaryDividend |
Mar 30, 2017 | $0.061 | OrdinaryDividend |
Feb 27, 2017 | $0.057 | OrdinaryDividend |
Jan 30, 2017 | $0.055 | OrdinaryDividend |
Dec 29, 2016 | $0.080 | OrdinaryDividend |
Nov 29, 2016 | $0.048 | OrdinaryDividend |
Oct 28, 2016 | $0.063 | OrdinaryDividend |
Sep 29, 2016 | $0.078 | OrdinaryDividend |
Aug 30, 2016 | $0.068 | OrdinaryDividend |
Jul 28, 2016 | $0.058 | OrdinaryDividend |
Jun 29, 2016 | $0.059 | OrdinaryDividend |
May 27, 2016 | $0.058 | OrdinaryDividend |
Apr 28, 2016 | $0.049 | OrdinaryDividend |
Mar 30, 2016 | $0.056 | OrdinaryDividend |
Feb 26, 2016 | $0.050 | OrdinaryDividend |
Jan 28, 2016 | $0.064 | OrdinaryDividend |
Dec 30, 2015 | $0.070 | OrdinaryDividend |
Nov 27, 2015 | $0.052 | OrdinaryDividend |
Oct 29, 2015 | $0.048 | OrdinaryDividend |
Sep 29, 2015 | $0.052 | OrdinaryDividend |
Aug 28, 2015 | $0.052 | OrdinaryDividend |
Jul 30, 2015 | $0.056 | OrdinaryDividend |
Jun 29, 2015 | $0.052 | OrdinaryDividend |
May 28, 2015 | $0.050 | OrdinaryDividend |
Apr 29, 2015 | $0.055 | OrdinaryDividend |
Mar 30, 2015 | $0.050 | OrdinaryDividend |
Feb 26, 2015 | $0.051 | OrdinaryDividend |
Jan 29, 2015 | $0.050 | OrdinaryDividend |
Dec 30, 2014 | $0.062 | OrdinaryDividend |
Nov 26, 2014 | $0.050 | OrdinaryDividend |
Oct 30, 2014 | $0.062 | OrdinaryDividend |
Sep 29, 2014 | $0.052 | OrdinaryDividend |
Aug 28, 2014 | $0.059 | OrdinaryDividend |
Jul 30, 2014 | $0.059 | OrdinaryDividend |
Jun 27, 2014 | $0.059 | OrdinaryDividend |
May 29, 2014 | $0.060 | OrdinaryDividend |
Apr 29, 2014 | $0.060 | OrdinaryDividend |
Mar 28, 2014 | $0.058 | OrdinaryDividend |
Feb 27, 2014 | $0.054 | OrdinaryDividend |
Jan 30, 2014 | $0.054 | OrdinaryDividend |
Dec 30, 2013 | $0.057 | OrdinaryDividend |
Dec 24, 2013 | $0.050 | CapitalGainLongTerm |
Nov 27, 2013 | $0.063 | OrdinaryDividend |
Oct 30, 2013 | $0.062 | OrdinaryDividend |
Sep 27, 2013 | $0.062 | OrdinaryDividend |
Aug 29, 2013 | $0.064 | OrdinaryDividend |
Jul 30, 2013 | $0.065 | OrdinaryDividend |
Jun 27, 2013 | $0.065 | OrdinaryDividend |
May 30, 2013 | $0.069 | OrdinaryDividend |
Apr 29, 2013 | $0.067 | OrdinaryDividend |
Mar 27, 2013 | $0.067 | OrdinaryDividend |
Feb 27, 2013 | $0.067 | OrdinaryDividend |
Jan 30, 2013 | $0.062 | OrdinaryDividend |
Dec 28, 2012 | $0.082 | OrdinaryDividend |
Dec 24, 2012 | $0.247 | CapitalGainLongTerm |
Nov 29, 2012 | $0.059 | OrdinaryDividend |
Oct 31, 2012 | $0.057 | OrdinaryDividend |
Sep 27, 2012 | $0.057 | OrdinaryDividend |
Aug 30, 2012 | $0.067 | OrdinaryDividend |
Jul 30, 2012 | $0.067 | OrdinaryDividend |
Jun 28, 2012 | $0.067 | OrdinaryDividend |
May 30, 2012 | $0.072 | OrdinaryDividend |
Apr 27, 2012 | $0.072 | OrdinaryDividend |
Mar 29, 2012 | $0.072 | OrdinaryDividend |
Feb 28, 2012 | $0.072 | OrdinaryDividend |
Jan 30, 2012 | $0.072 | OrdinaryDividend |
Dec 29, 2011 | $0.072 | OrdinaryDividend |
Dec 23, 2011 | $0.290 | CapitalGainLongTerm |
Nov 29, 2011 | $0.078 | OrdinaryDividend |
Oct 28, 2011 | $0.072 | OrdinaryDividend |
Sep 29, 2011 | $0.077 | OrdinaryDividend |
Aug 30, 2011 | $0.077 | OrdinaryDividend |
Jul 28, 2011 | $0.078 | OrdinaryDividend |
Jun 29, 2011 | $0.067 | OrdinaryDividend |
May 27, 2011 | $0.067 | OrdinaryDividend |
Apr 28, 2011 | $0.062 | OrdinaryDividend |
Mar 30, 2011 | $0.062 | OrdinaryDividend |
Feb 25, 2011 | $0.057 | OrdinaryDividend |
Jan 28, 2011 | $0.062 | OrdinaryDividend |
Dec 30, 2010 | $0.067 | OrdinaryDividend |
Nov 29, 2010 | $0.058 | OrdinaryDividend |
Oct 28, 2010 | $0.057 | OrdinaryDividend |
Sep 29, 2010 | $0.057 | OrdinaryDividend |
Aug 30, 2010 | $0.057 | OrdinaryDividend |
Jul 29, 2010 | $0.040 | OrdinaryDividend |
Jun 29, 2010 | $0.057 | OrdinaryDividend |
May 27, 2010 | $0.078 | OrdinaryDividend |
Apr 29, 2010 | $0.088 | OrdinaryDividend |
Mar 30, 2010 | $0.089 | OrdinaryDividend |
Feb 25, 2010 | $0.043 | OrdinaryDividend |
Jan 28, 2010 | $0.045 | OrdinaryDividend |
Dec 29, 2009 | $0.070 | OrdinaryDividend |
PYEWX - Fund Manager Analysis
Managers
Kristin Ceva
Start Date
Tenure
Tenure Rank
Dec 17, 1998
23.47
23.5%
Kristin Ceva, PhD, CFA, is a managing principal and directs the global fixed-income group at Payden & Rygel. She oversees global sovereign debt strategies, including macroeconomic and political risk assessment to determine country allocation. Ceva is a member of the firm’s Investment Policy Committee. She also is a frequent speaker at industry forums, focusing on topics related to international investing and emerging markets. Prior to joining Payden & Rygel, Ceva worked with a number of international policy institutes, including the Pacific Council on International Policy, the Center for U.S.-Mexican Studies and the North America Forum at Stanford University. She also worked for several years in strategic management consulting with Deloitte & Touche in Dallas. Kristin Ceva holds the Chartered Financial Analyst designation. She earned a PhD from Stanford University in Political Science with an emphasis on international political economy. She was a Fulbright Scholar based in Mexico City and her dissertation was entitled “Economic Restructuring and Business-Government Relations: Trade and Financial Liberalization in Mexico.” Ceva has completed extensive economic and political research on emerging markets and is fluent in Spanish. She received a BBA in Finance from Texas A&M University.
Brian Matthews
Start Date
Tenure
Tenure Rank
Dec 17, 1998
23.47
23.5%
Brian Matthews, CFA, is a managing principal and the chief financial officer at Payden & Rygel, and is a member of the Executive Committee of the board of directors. Matthews is a member of the firm’s Investment Policy Committee and serves as a senior portfolio manager advising institutional clients, including corporations, pension funds, insurance companies and foundations and endowments. He is a director of Metzler/Payden LLC, the firm’s joint venture with Metzler Bank of Frankfurt, Germany. Matthews is also co-chairman of Payden/Kravitz LLC, a joint venture specializing in cash balance retirement plans. Prior to joining Payden & Rygel, Matthews was an investment officer at Brown Brothers Harriman & Company in New York, where he was responsible for managing fixed-income portfolios and asset/liability management. Matthews is a member of the CFA Society of Los Angeles, the CFA Institute and the Investment Counsel Association of America, Inc. He is past chairman of the board of directors for the Boy Scouts of America Los Angeles Area Council and serves on the board of directors for Oaks Christian School, St. Anne’s, Kids in Sports, and the board of visitors for Pepperdine University and is a board member of the Patron of the Arts in the Vatican Museums. Brian Matthews holds the Chartered Financial Analyst designation. He earned a BS in Economics at the University of Notre Dame.
Nigel Jenkins
Start Date
Tenure
Tenure Rank
Oct 07, 2011
10.65
10.7%
Nigel Jenkins is a Managing Principal and portfolio manager who has been with Payden & Rygel since 2006. who is responsible for the management of UK and European benchmarked fixed-income and money market portfolios. Prior to joining Payden & Rygel, Jenkins was a founding partner of Centric Capital LLP, a fixed-income and currency hedge fund focusing on quantitative methodologies. Previously he was head of global fixed-income at WestLB, and a director of the fixed income & currency group at Rothschild Asset Management, both in London. Jenkins holds the ASIP designation of the UK Society of Investment Professionals, a member society of the CFA Institute. He earned a MA degree in Economics from the University of Cambridge.
Arthur Hovsepian
Start Date
Tenure
Tenure Rank
Feb 28, 2013
9.26
9.3%
Arthur Hovsepian, CFA, is a Principal and portfolio manager at Payden & Rygel. He is responsible for implementing investment strategies and executing trades in emerging markets. Arthur analyzes sovereign yield curves to identify relative value opportunities. He also monitors firm-wide emerging-market local debt and currency exposure. Arthur has been with Payden since 2004.
Asha Joshi
Start Date
Tenure
Tenure Rank
Feb 28, 2022
0.25
0.3%
Asha Joshi is a Managing Principal, Senior Portfolio Manager and director of Enhanced Equity Index Strategies. She is responsible for a number of domestic and international clients, including public plans, corporations, universities, and endowments. Previously, Joshi was Vice President, Capital Markets, at Canadian Imperial Bank of Commerce where she advised clients on managing interest rate and currency risk. Prior to that, she was a Vice President, Global Trading, at First Interstate Bank, Ltd. where she managed and traded the bank’s portfolio of derivative products. Joshi also serves on the board of Crystal Stairs, a non-profit organization dedicated to assisting welfare families while the mother transitions into the workforce. She is Chairman of the Scholarship Committee of the Los Angeles Society of Financial Analysts and is a member of the Association of Investment Management and Research (AIMR).
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.15 | 23.87 | 6.5 | 6.11 |