GMO Emerging Country Debt Fund Class VI (GMOQX)

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The chart shows the growth of an initial investment of $10,000 in GMO Emerging Country Debt Fund Class VI, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

GMO Emerging Country Debt Fund Class VI (GMOQX) has returned 2.00% so far this year and 20.59% over the past 12 months.

Based on dividend-adjusted daily data since Aug 16, 2021, GMOQX's average daily return is +0.03%, while the average monthly return is +0.59%. At this rate, your investment would double in approximately 9.8 years.

Historically, 63% of months were positive and 38% were negative. The best month was Nov 2022 with a return of +8.6%, while the worst month was Jun 2022 at -7.8%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 3 months.

On a daily basis, GMOQX closed higher 50% of trading days. The best single day was Dec 7, 2023 with a return of +8.8%, while the worst single day was Dec 8, 2023 at -8.4%.

GMO Emerging Country Debt Fund Class VI has an annualized alpha of 6.34%, beta of 0.12, and R² of 0.04 versus S&P 500 Index. Calculated based on daily prices since August 17, 2021.

• This fund participated in 55.29% of S&P 500 Index downside but only 54.72% of its upside — more exposed to losses than it benefited from rallies.
• Beta of 0.12 may look defensive, but with R² of 0.04 this fund is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
• R² of 0.04 means this fund moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

GMOQX has an expense ratio of 0.51%, placing it in the medium range.

GMOQX ranks 97 for risk / return — in the top 97% of mutual funds on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.

The table below present risk-adjusted performance metrics for GMO Emerging Country Debt Fund Class VI (GMOQX) and compare them to a chosen benchmark (S&P 500 Index).

GMO Emerging Country Debt Fund Class VI provided a 6.25% dividend yield over the last twelve months, with an annual payout of $1.43 per share.

The table displays the monthly dividend distributions for GMO Emerging Country Debt Fund Class VI. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the GMO Emerging Country Debt Fund Class VI. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the GMO Emerging Country Debt Fund Class VI was 31.41%, occurring on Oct 21, 2022. Recovery took 456 trading sessions.

The current GMO Emerging Country Debt Fund Class VI drawdown is 3.82%.

The chart below shows the rolling one-month volatility.