GMO Emerging Country Debt Fund III (GMCDX)
24.59
+0.04
(+0.16%)
USD |
Aug 24 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.62% | 2.154B | -- | 41.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| -653.91M | 18.67% |
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 |
| Equity Style | -- |
| 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
-134.05M
Peer Group Low
397.76M
Peer Group High
1 Year
% Rank:
97
-653.91M
-1.637B
Peer Group Low
3.521B
Peer Group High
3 Months
% Rank:
100
-123.60M
Peer Group Low
623.92M
Peer Group High
3 Years
% Rank:
100
-4.542B
Peer Group Low
5.470B
Peer Group High
6 Months
% Rank:
97
-2.265B
Peer Group Low
3.059B
Peer Group High
5 Years
% Rank:
98
-6.157B
Peer Group Low
5.159B
Peer Group High
YTD
% Rank:
97
-2.139B
Peer Group Low
3.401B
Peer Group High
10 Years
% Rank:
97
-6.614B
Peer Group Low
6.471B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of August 25, 2026.
Asset Allocation
As of May 31, 2026.
| Type | % Net |
|---|---|
| Cash | 3.13% |
| Stock | 0.74% |
| Bond | 94.45% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | 1.68% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
|
Nomura Fixed Income Securities Private Ltd Repo
|
3.97% | -- | -- |
| Petroleos Mexicanos PEMEX 7.69 01/23/2050 FIX USD Corporate | 3.54% | 91.41 | 0.27% |
| PETROLEOS DEL PERU - PETROPERU S.A. PETRDEL 5.625 06/19/2047 FIX USD Corporate RegS | 1.83% | 72.49 | -0.45% |
|
Bahrain, Kingdom of (Government) 6% 19-SEP-2044
|
1.72% | -- | -- |
|
Other Assets less Liabilities
|
1.71% | -- | -- |
| Republic of South Africa SOAF 5.75 09/30/2049 FIX USD Sovereign | 1.66% | 82.12 | 0.11% |
| Argentine Republic ARGENT 4.125 07/09/2046 VAR USD Sovereign | 1.65% | 71.56 | 0.12% |
| Republic of Turkey TURKEY 5.75 05/11/2047 FIX USD Sovereign | 1.59% | 79.31 | -0.17% |
|
Corpo Elec 8.5% 10-APR-2018
|
1.54% | -- | -- |
|
Ecuador, Republic of (Government) 6.9% 31-JUL-2035
|
1.51% | -- | -- |
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 |
Projected Income
| Type | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Qualified Income
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Normal
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Qualified
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
LT Cap Gains
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Ordinary Income
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Non-Qual
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
ST Cap Gains
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Interest
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Tax-Exempt
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
ROC
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Other
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Total
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
As of July 31, 2026.
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 |
| Equity Style | -- |
| 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 (8-24-26) | 5.75% |
| 30-Day SEC Yield (7-30-21) | 5.25% |
| 7-Day SEC Yield | -- |
| Number of Holdings | 287 |
| Bond | |
| Yield to Maturity (5-31-26) | 7.57% |
| Effective Duration | 6.30 |
| Average Coupon | 6.70% |
| Calculated Average Quality | 5.266 |
| Effective Maturity | 14.72 |
| Nominal Maturity | 15.55 |
| Number of Bond Holdings | 245 |
As of May 31, 2026
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. |