GMO Emerging Country Debt Fund Class III (GMCDX)

Net Asset Value
1 Day
Overall Morningstar Rating
Emerging markets bond
Style or Category
No Load
Sales Expenses
Expense Ratio
Above Average
Morningstar Risk Rating™
Investment Objective The investment seeks total return in excess of that of its benchmark, the J.P. Morgan EMBI Global. The fund invests primarily in debt of emerging countries that is issued by a sovereign or its instrumentalities outside the country of the issuer and usually is denominated in the currency of the country in which it is issued (e.g., U.S. dollar, Euro, Japanese yen, Swiss franc and British pound sterling). Under normal circumstances, the fund invests directly and indirectly (e.g., through other GMO Funds or derivatives) at least 80% of its assets in debt investments tied economically to emerging countries. It is non-diversified.


1 month+4.09% 3 years+11.07%
3 months+5.71% 5 years+20.27%
1 year+3.09% Since inception+16.05%
Data through --

Peer Comparisonvs. Emerging markets bond

Performance 5-yr return+20.27%+11.27%
Expense ratio0.62%1.25%
Risk 5 year sharpe ratio1.831.20
Net assets$3.1B$709.9M
Average market cap--$19.1B
Average P/E--12.0
Portfolio turnover36%36%

There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.

Fund Management and Purchase Info

Fund familyGMO
Fund manager & tenureThomas Cooper / 19 Years
Minimal initial investment$10,000,000.00
Minimum IRA investment--


Fixed income87.93%
International stock1.26%
U.S. stock0.62%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- United Mexican Sts Mtn Be 5.75%5.60%
-- Bolivarian Republic Venezuela 11.95%4.04%
-- Petroleos De Venezuela Sa 9%3.97%
-- Republic Of Argentina Sr Unsecured 12/38 Var3.46%
-- Republic Of Turkey 6.75%3.28%
-- Republic Of Congo Sr Unsecured Regs 06/29 Var3.08%
-- US Treasury Note 0.125%2.45%
GUSTX GMO US Treasury2.21%
-- Natl Pwr 9.625%1.98%
-- Hungary Rep 7.625%1.91%

To view my watchlist

Not a member yet?

Sign up now for a free account
Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.