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Morningstar

GMO Emerging Country Debt III GMCDX

Morningstar Medalist Rating
Medalist Rating as of | See GMO Investment Hub
  • NAV / 1-Day Return 19.24  /  +0.47 %
  • Total Assets 2.3 Bil
  • Adj. Expense Ratio
    0.540%
  • Expense Ratio 0.540%
  • Distribution Fee Level Low
  • Share Class Type Institutional
  • Category Emerging Markets Bond
  • Credit Quality / Interest Rate Sensitivity Low/Moderate
  • Min. Initial Investment 5.0 Mil
  • Status Open
  • TTM Yield 9.71%
  • Effective Duration 5.80 years

USD | NAV as of Apr 17, 2024 | 1-Day Return as of Apr 17, 2024, 11:49 PM GMT+0

Morningstar’s Analysis GMCDX

Will GMCDX outperform in 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.

GMO Emerging Country Debt III’s management team is rated Average, but a solid investment process still helps this strategy retain its Morningstar Medalist Rating of Silver.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a sizable cost advantage over competitors, priced within the least expensive fee quintile among peers.

by Morningstar Manager Research
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Portfolio Holdings GMCDX

More GMCDX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 22.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Petroleos Mexicanos 7.69%

3.91 93.2 Mil
Corporate

Bahrain (Kingdom of) 7.5%

2.53 60.4 Mil
Government

Dominican Republic 5.88%

2.49 59.3 Mil
Government

Mexico (United Mexican States) 5.63%

2.47 58.9 Mil
Government

Oman (Sultanate Of) 6.75%

2.20 52.4 Mil
Government

Colombia (Republic of) 5.63%

2.19 52.3 Mil
Government

Turkey (Republic of) 5.75%

2.06 49.1 Mil
Government

National Power Corp. 9.63%

1.59 37.8 Mil
Government

Ecuador (Republic Of) 3.5%

1.54 36.8 Mil
Government

Albania(Republic Of) 0%

1.50 35.7 Mil
Government