Morningstar

GMO Emerging Country Debt Fund Class III GMCDX

Morningstar Medalist Rating
Medalist Rating as of | See GMO Investment Hub
  • NAV / 1-Day Return 24.55  /  −0.08 %
  • Total Assets 2.2B
  • Adj. Expense Ratio
    0.540%
  • Expense Ratio 0.620%
  • Distribution Fee Level Low
  • Share Class Type Institutional
  • Category Emerging Markets Bond
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 1M
  • Status Open
  • TTM Yield 4.45%
  • Effective Duration —

USD | NAV as of Sep 12, 2026 | 1-Day Return as of Sep 12, 2026, 12:11 AM GMT+0

Morningstar’s Analysis GMCDX

Will GMCDX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable GMCDX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the GMCDX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of GMCDX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

GMO Emerging Country Debt III holds a quantitatively derived Gold Morningstar Medalist Rating. The rating reflects that it has scored particularly well on factors Morningstar research associates with future outperformance relative to category peers.

by Morningstar Automated Analysis
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings GMCDX

More GMCDX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 22.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Contra Derivatives - Swaps

9.27 221M
—

Swp: Ois 4.008500 21-Dec-2027

6.87 164M
Government

Scds: (Panama - Bond And Loan)

4.95 118M
Derivative

Swp: Ois 4.000000 17-Sep-2035 Sof

3.74 89M
Government

Petroleos Mexicanos Sa De CV 7.69%

3.57 85M
Corporate

Repo For R 3.65

2.81 67M
Cash and Equivalents

Swp: Ois 13.300000 02-Jan-2031 Bzd

2.10 50M
Government

Mexico (United Mexican States) 5.63%

2.03 48M
Government

Petroleos del Peru - Petroperu SA 5.63%

1.88 45M
Corporate

Zorlu Enerji Elektrik Ueretim AS 11%

1.65 39M
Corporate

Sponsor Center