GMO Emerging Country Debt Fund III (GMCDX)
23.50
-0.02
(-0.08%)
USD |
Dec 04 2025
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.61% | 2.339B | -- | 35.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| -394.56M | 20.37% | Upgrade | Upgrade |
Basic Info
| Investment Strategy | |
| The Fund seeks total return in excess of that of its benchmark, the J.P. Morgan EMBI Global Diversified. 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. |
| General | |
| Security Type | Mutual Fund |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond Emerging Markets Global HC |
| Peer Group | Emerging Mrkts Hard Currency Debt Funds |
| Global Macro | Bond Emerging Markets |
| US Macro | Emerging Markets Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Emerging Mrkts Hard Currency Debt Funds |
| Fund Owner Firm Name | GMO |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
100
-141.14M
Peer Group Low
493.37M
Peer Group High
1 Year
% Rank:
95
-394.56M
-635.96M
Peer Group Low
1.110B
Peer Group High
3 Months
% Rank:
100
-259.01M
Peer Group Low
1.694B
Peer Group High
3 Years
% Rank:
98
-2.599B
Peer Group Low
2.141B
Peer Group High
6 Months
% Rank:
100
-303.07M
Peer Group Low
1.789B
Peer Group High
5 Years
% Rank:
98
-3.681B
Peer Group Low
3.851B
Peer Group High
YTD
% Rank:
94
-460.62M
Peer Group Low
1.099B
Peer Group High
10 Years
% Rank:
97
-4.887B
Peer Group Low
7.442B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of December 05, 2025.
Asset Allocation
As of August 31, 2025.
| Type | % Net |
|---|---|
| Cash | 0.86% |
| Stock | 0.57% |
| Bond | 96.46% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | 2.11% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| Petroleos Mexicanos PEMEX 7.69 01/23/2050 FIX USD Corporate | 3.90% | 90.14 | -0.51% |
|
Nomura Securities International Inc Repo
|
2.83% | -- | -- |
|
Mexico (United Mexican States) (Government) 5.625% 19-MAR-2114
|
2.09% | -- | -- |
| Republic of Colombia COLOM 5.625 02/26/2044 FIX USD Sovereign | 2.00% | 81.63 | -0.43% |
|
Other Assets less Liabilities
|
1.86% | -- | -- |
| PETROLEOS DEL PERU - PETROPERU S.A. PETRDEL 5.625 06/19/2047 FIX USD Corporate RegS | 1.77% | 70.21 | -0.01% |
| Republic of Turkey TURKEY 5.75 05/11/2047 FIX USD Sovereign | 1.63% | 82.77 | -0.29% |
| Republic of South Africa SOAF 5.75 09/30/2049 FIX USD Sovereign | 1.61% | 84.70 | 0.04% |
|
Zorlu Enerji Elektrik Uretim AS 11% 23-APR-2030
|
1.59% | -- | -- |
| Republic of Poland POLAND 5.125 09/18/2034 FIX USD Sovereign | 1.54% | 102.80 | -0.09% |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | 0.50% |
| Administration Fee | -- |
| Maximum Front Load | 0.00% |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | 0.75% |
| General Availability | |
| Available for Insurance Product | No |
| Available for RRSP | No |
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 0.00 None |
| Minimum Subsequent Investment | 0.00 None |
Basic Info
| Investment Strategy | |
| The Fund seeks total return in excess of that of its benchmark, the J.P. Morgan EMBI Global Diversified. 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. |
| General | |
| Security Type | Mutual Fund |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond Emerging Markets Global HC |
| Peer Group | Emerging Mrkts Hard Currency Debt Funds |
| Global Macro | Bond Emerging Markets |
| US Macro | Emerging Markets Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Emerging Mrkts Hard Currency Debt Funds |
| Fund Owner Firm Name | GMO |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (12-3-25) | 6.46% |
| 30-Day SEC Yield (7-30-21) | 5.25% |
| 7-Day SEC Yield | -- |
| Number of Holdings | 289 |
| Bond | |
| Yield to Maturity (8-31-25) | 7.93% |
| Effective Duration | 6.50 |
| Average Coupon | 6.55% |
| Calculated Average Quality | 5.270 |
| Effective Maturity | 16.26 |
| Nominal Maturity | 16.94 |
| Number of Bond Holdings | 248 |
As of August 31, 2025
Fund Details
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |
Excel Add-In Codes
| Name: =YCI("M:GMCDX", "name") |
| Broad Asset Class: =YCI("M:GMCDX", "broad_asset_class") |
| Broad Category: =YCI("M:GMCDX", "broad_category_group") |
| Prospectus Objective: =YCI("M:GMCDX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |