GMO Emerging Country Debt Fund (GMDFX)
GMO Emerging Country Debt Fund operates in the Asset Management industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $24.03, down 0.58% on the session, giving a market capitalisation of $2.22B. Its beta of 0.88 implies it has historically moved less than the broad market.
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.
GMO Emerging Country Debt Fund is most often compared with the following Financial Services names: