GMO Emerging Country Debt Fund

Frequently Asked Questions About GMDFX

What does GMDFX invest in?

The fund invests primarily in debt of emerging country sovereign and quasi-sovereign issuers. Under normal circumstances, it invests directly and indirectly at least 80% of its assets in debt investments tied economically to emerging countries. In seeking to achieve the fund’s investment objective, the fund typically invests a portion of the fund’s assets in over-the-counter (OTC) and exchange-traded derivatives, including options, swap contracts, forward currency contracts and reverse repurchase agreements.

What is the expense ratio of GMDFX?

GMO Emerging Country Debt Fund (GMDFX) charges an expense ratio of 0.57%. This is the annual fee deducted from fund assets to cover management and operations.

How big is GMDFX?

GMO Emerging Country Debt Fund (GMDFX) manages $2.27B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is GMDFX actively managed or an index fund?

GMDFX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was GMDFX launched?

GMO Emerging Country Debt Fund (GMDFX) launched in January 1998 and is managed by the fund issuer.

How has GMDFX performed?

GMDFX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.