GMO Emerging Country Debt Fund (GMOQX)
| Fund Assets | 2.28B |
| Expense Ratio | 0.48% |
| Min. Investment | $300,000,000 |
| Turnover | 35.00% |
| Dividend (ttm) | 1.54 |
| Dividend Yield | 7.35% |
| Dividend Growth | -18.76% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Jul 1, 2025 |
| Previous Close | 21.01 |
| YTD Return | 7.11% |
| 1-Year Return | 10.86% |
| 5-Year Return | n/a |
| 52-Week Low | 19.17 |
| 52-Week High | 21.16 |
| Beta (5Y) | n/a |
| Holdings | 333 |
| Inception Date | Jul 29, 2021 |
About GMOQX
The GMO Emerging Country Debt Fund Class VI is a mutual fund focused on generating total returns above its benchmark, the J.P. Morgan Emerging Markets Bond Index Global Diversified. This fund primarily invests in the external debt of sovereign and quasi-sovereign issuers from emerging markets, offering exposure to a diverse set of countries with varying economic profiles. Utilizing a bottom-up investment approach, the fund’s management team emphasizes the selection of securities with similar default risk characteristics but with the potential for superior long-term total returns compared to benchmark constituents. By focusing on issue selection rather than macroeconomic market timing or forecasting, the fund seeks to capitalize on inefficiencies within the emerging debt space. This strategy serves institutional and individual investors seeking diversification and higher yield potential within their fixed income allocation, and it plays a significant role in providing access to the credit markets of developing economies while balancing risk and return considerations.
Performance
GMOQX had a total return of 10.86% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.52%.
Top 10 Holdings
19.25% of assets| Name | Symbol | Weight |
|---|---|---|
| Petroleos Mexicanos | PEMEX.7.69 01.23.50 | 3.68% |
| United Mexican States - Mexico Government International Bond | MEX.5.625 03.19.14 EMTN | 2.09% |
| Colombia Government International Bonds | n/a | 1.97% |
| Turkiye Government International Bonds | TURKEY.5.75 05.11.47 30Y | 1.73% |
| United States Treasury - U.S. Treasury Floating Rate Notes | TF.0 01.31.27 | 1.71% |
| Republic of South Africa Government International Bonds | SOAF.5.75 09.30.49 | 1.69% |
| Dominican Republic International Bonds | n/a | 1.62% |
| Oman Government International Bonds | n/a | 1.62% |
| Republic of Poland Government International Bonds | POLAND.5.125 09.18.34 | 1.61% |
| Republic of Albania - Albania Government International Bond | n/a | 1.53% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 1, 2025 | $0.3202 | Jul 2, 2025 |
| Dec 6, 2024 | $1.2184 | Dec 9, 2024 |
| Jul 2, 2024 | $0.1521 | Jul 3, 2024 |
| Dec 7, 2023 | $1.7418 | Dec 8, 2023 |
| Jul 6, 2023 | $0.1669 | Jul 7, 2023 |
| Dec 8, 2022 | $1.8966 | Dec 8, 2022 |