GFEAX Performance — Gramercy Emerging Markets Debt Fund, Class A
Data updated: 2026-08-26
GFEAX returned +1.56% year to date and +8.33% over one year to Jun 2026. Over one year the fund trailed its Emerging Markets Bond category average: $100 grew to $108, against $110 for the category. Volatility over the past 12 months was 5.51% a year. In the 12 months to Jun 2026 the fund lost a net $55.0M, and assets reached $2.20M.
GFEAX Growth of $100
What $100 invested in Gramercy Emerging Markets Debt Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Emerging Markets Bond category average over the same months.
| Period | GFEAX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $108 | $110 |
| Since data start (Apr 2024 – Jun 2026) | $118 | $121 |
GFEAX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +1.56% |
| 1 year | +8.33% |
3- and 5-year figures withheld: too few months to verify.
GFEAX Annual Returns
Calendar-year total returns of Gramercy Emerging Markets Debt Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +1.56% |
| 2025 | +12.80% |
| 2024 (Apr–Dec) | +2.91% |
GFEAX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.9% | +1.2% | −3.9% | +2.6% | +0.5% | +0.2% | — | — | — | — | — | — |
| 2025 | +1.4% | +1.4% | −0.4% | −0.3% | +1.1% | +2.4% | +0.9% | +1.9% | +1.9% | +0.7% | +0.7% | +0.5% |
| 2024 | — | — | — | −2.0% | +2.0% | +0.4% | +1.7% | +2.0% | +1.9% | −2.0% | +0.4% | −1.6% |
GFEAX Risk
Risk measures from monthly returns over Jul 2025 – Jun 2026.
- 1-year volatility (annualised): 5.51%
- Best month: +2.63% (Apr 2026)
- Worst month: −3.85% (Mar 2026)
GFEAX Fund Flows
Monthly money in and out of Gramercy Emerging Markets Debt Fund, from SEC Form N-PORT.
- 12-month net flow: −$55.0M
- 12-month gross sales (incl. reinvestments): $9.8M
- Sales ÷ redemptions: 0.15×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $555K | $52.6M | −$52.0M |
| May 2026 | $72K | $1.5M | −$1.5M |
| Apr 2026 | $119K | $118K | $685 |
| Mar 2026 | $75K | $691K | −$616K |
| Feb 2026 | $463K | $537K | −$74K |
| Jan 2026 | $606K | $438K | $168K |
| Dec 2025 | $1.4M | $611K | $811K |
| Nov 2025 | $953K | $821K | $132K |
| Oct 2025 | $2.0M | $834K | $1.1M |
| Sep 2025 | $1.8M | $1.1M | $759K |
| Aug 2025 | $948K | $4.4M | −$3.4M |
| Jul 2025 | $833K | $1.3M | −$446K |
GFEAX Assets Under Management
Net assets of Gramercy Emerging Markets Debt Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $2.20M |
| 2026-03-31 | $56.16M |
| 2025-12-31 | $58.94M |
| 2025-09-30 | $56.97M |
| 2025-06-30 | $58.35M |
| 2025-03-31 | $56.62M |
| 2024-12-31 | $56.07M |
| 2024-09-30 | $60.59M |
| 2024-06-30 | $52.91M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.