Morningstar

GMO Emerging Country Debt Fund Class IV GMDFX

Morningstar Medalist Rating
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Medalist Rating as of See GMO Investment Hub
  • NAV / 1-Day Return$23.91  /  −0.17%
  • Fund Size$2.1B
  • Adjusted Expense Ratio0.370%
  • Net Expense Ratio0.570%
  • Fee Level: DistributionLow
  • Share Class TypeInstitutional
  • Morningstar CategoryEmerging Markets Bond
  • Fixed-Income Style Box (Funds)—
  • Minimum Initial Investment$125M
  • Investment StatusOpen
  • TTM Yield4.64%
  • Average Effective Duration—
NAV and 1-Day Return as of

Morningstar’s Analysis GMDFX

Will GMDFX 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 GMDFX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the GMDFX 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 GMDFX’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 IV 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.

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Portfolio Holdings GMDFX

More GMDFX Holdings
  • Current Portfolio Date
  • Equity Holdings—
  • Bond Holdings—
  • Other Holdings—
  • % Assets in Top 10 Holdings22.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Contra Derivatives - Swaps

9.27221M
—

Swp: Ois 4.008500 21-Dec-2027

6.87164M
Government

Scds: (Panama - Bond And Loan)

4.95118M
Derivative

Swp: Ois 4.000000 17-Sep-2035 Sof

3.7489M
Government

Petroleos Mexicanos Sa De CV 7.69%

3.5785M
Corporate

Repo For R 3.65

2.8167M
Cash and Equivalents

Swp: Ois 13.300000 02-Jan-2031 Bzd

2.1050M
Government

Mexico (United Mexican States) 5.63%

2.0348M
Government

Petroleos del Peru - Petroperu SA 5.63%

1.8845M
Corporate

Zorlu Enerji Elektrik Ueretim AS 11%

1.6539M
Corporate

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