The investment seeks a high level of total return.
The fund normally invests at least 80% of its total assets in a wide variety of Bonds. It invests at least 80% of its total assets in Emerging Market Investments. Under normal market conditions, a significant portion of the fund's investments will be denominated in Emerging Market Currencies. The fund may invest up to 20% of its total assets in debt instruments and income-producing securities that are not Bonds, including for example loans made by U.S. and foreign companies. It is non-diversified.
Links:  http://www.globalfunddata.com/funds/new/performance/management?variant=Paydenfunds
 http://www.globalfunddata.com/funds/new/performance/domicile?variant=United States
 http://www.globalfunddata.com/funds/new/performance/fund_administrator?variant=Treasury Plus, Inc.
 http://www.globalfunddata.com/funds/new/performance/strategy?variant=Emerging Markets Bond
 http://www.globalfunddata.com/funds/new/performance/structure?variant=Open Ended Investment Company
 http://www.globalfunddata.com/funds/new/performance/city?variant=Los Angeles___United States
 http://www.globalfunddata.com/funds/new/performance/country?variant=United States
 http://www.globalfunddata.com/funds/new/performance/custodian?variant=The Bank of New York Mellon
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