About GFEMX
Gramercy Emerging Markets Debt Fund Institutional Class is a mutual fund that focuses on investing in debt securities tied to emerging market economies. The fund's primary objective is to seek long-term capital appreciation by allocating at least 80% of its net assets to fixed income instruments such as sovereign and quasi-sovereign bonds, corporate bonds, convertible bonds—including contingent convertible and additional tier 1 capital securities—and other related debt securities from emerging markets. Managed using an active investment approach, the fund leverages both top-down economic themes and bottom-up proprietary research to identify opportunities across regions like Latin America, the Middle East, Africa, Asia, and Eastern Europe. The portfolio is diversified across countries and sectors, including government, financial, oil & gas, and industrial issuers. Gramercy's experienced management aims to navigate the risks unique to emerging markets—including credit, liquidity, and ESG factors—while aiming for competitive yields. This fund serves institutional investors seeking exposure to the potential growth and income characteristics of emerging market debt, while accepting the corresponding higher risks and volatility associated with these markets.
Fund Family Liberty Street
Category Emerging Markets Bond
Stock Exchange NASDAQ
Ticker Symbol GFEMX
Share Class Institutional Class Shares
GFEMX had a total return of 12.70% in the past year, including dividends. Since the fund's
inception, the average annual return has been 16.57%.
