Gramercy Emerging Markets Debt Fund

Fund Profile

Fund profile

Tickers

GFEMX, GFEAX, GFECX

Fund manager

Investment Managers Series Trust

Total assets

$56.16 mm

Liabilities

$85.37 k

Net assets

$56.07 mm

Number of holdings

138.00

138 Holdings

As of Dec 2024

Security	$Holding	Balance	% of Fund	Category	Position	Country
Mexican Bonos	1.85 mm	40.37 mm principal	3.30	Debt	Long	Mexico
Brazil Notas do Tesouro Nacional Serie F	1.82 mm	12.37 k principal	3.24	Debt	Long	Brazil
Republic of South Africa Government Bond	1.70 mm	48.16 mm principal	3.04	Debt	Long	South Africa
Czech Republic Government Bond	957.05 k	23.49 mm principal	1.71	Debt	Long	Czechia
Republic of Poland Government International Bond	943.87 k	980.00 k principal	1.68	Debt	Long	Poland
Qatar Government International Bond	834.49 k	840.00 k principal	1.49	Debt	Long	Qatar
IHS Holding Ltd.	769.03 k	780.00 k principal	1.37	Debt	Long	Cayman Islands
Dominican Republic International Bond	759.87 k	830.00 k principal	1.36	Debt	Long	Dominican Republic
MEGlobal B.V.	752.19 k	830.00 k principal	1.34	Debt	Long	Netherlands
Indonesia Government International Bond	726.43 k	980.00 k principal	1.30	Debt	Long	Indonesia
MDGH GMTN RSC Ltd.	725.00 k	840.00 k principal	1.29	Debt	Long	United Arab Emirates
Uruguay Government International Bond	717.36 k	810.00 k principal	1.28	Debt	Long	Uruguay
Colombian TES	711.82 k	3.57 bn principal	1.27	Debt	Long	Colombia
CX CEMEX, S.A.B. de C.V.	695.80 k	710.00 k principal	1.24	Debt	Long	Mexico
Petronas Capital Ltd.	684.18 k	1.05 mm principal	1.22	Debt	Long	Malaysia
Gaci First Investment Co.	663.42 k	800.00 k principal	1.18	Debt	Long	Cayman Islands
Ooredoo International Finance Ltd.	633.96 k	730.00 k principal	1.13	Debt	Long	Bermuda
Greensaif Pipelines Bidco Sarl	632.76 k	630.00 k principal	1.13	Debt	Long	Luxembourg
Stillwater Mining Co.	630.00 k	750.00 k principal	1.12	Debt	Long	USA
Kazakhstan Government International Bond	619.94 k	650.00 k principal	1.11	Debt	Long	Kazakhstan
QatarEnergy	618.47 k	900.00 k principal	1.10	Debt	Long	Qatar
Saudi Arabian Oil Co.	614.06 k	1.00 mm principal	1.10	Debt	Long	Saudi Arabia
Saudi Government International Bond	611.98 k	630.00 k principal	1.09	Debt	Long	Saudi Arabia
Galaxy Pipeline Assets Bidco Ltd.	608.75 k	810.00 k principal	1.09	Debt	Long	Jersey
Nigeria Government International Bond	606.83 k	710.00 k principal	1.08	Debt	Long	Nigeria
First Abu Dhabi Bank PJSC	602.69 k	600.00 k principal	1.07	Debt	Long	United Arab Emirates
Romanian Government International Bond	601.63 k	630.00 k principal	1.07	Debt	Long	Romania
Turkiye Sinai Kalkinma Bankasi A.S.	596.81 k	600.00 k principal	1.06	Debt	Long	Turkey
Trinidad & Tobago Government International Bond	589.50 k	600.00 k principal	1.05	Debt	Long	Trinidad and Tobago
Thailand Government Bond	580.30 k	18.19 mm principal	1.03	Debt	Long	Thailand
Abu Dhabi National Energy Co. PJSC	576.18 k	615.00 k principal	1.03	Debt	Long	United Arab Emirates
National Bank of Uzbekistan	572.35 k	560.00 k principal	1.02	Debt	Long	Uzbekistan
Turkiye Garanti Bankasi A.S.	571.42 k	570.00 k principal	1.02	Debt	Long	Turkey
HTA Group Ltd./Mauritius	568.67 k	560.00 k principal	1.01	Debt	Long	Mauritius
Panama Government International Bond	566.97 k	970.00 k principal	1.01	Debt	Long	Panama
Philippine Government International Bond	561.81 k	890.00 k principal	1.00	Debt	Long	Philippines
Uzauto Motors AJ	549.31 k	580.00 k principal	0.98	Debt	Long	Uzbekistan
Brazilian Government International Bond	533.52 k	780.00 k principal	0.95	Debt	Long	Brazil
Turkiye Government Bond	527.06 k	22.27 mm principal	0.94	Debt	Long	Turkey
Africell Holding Ltd.	512.15 k	520.00 k principal	0.91	Debt	Long	Jersey
Ecuador Government International Bond	508.95 k	900.00 k principal	0.91	Debt	Long	Ecuador
Banco de Credito e Inversiones S.A.	500.57 k	510.00 k principal	0.89	Debt	Long	Chile
Hungary Government Bond	496.50 k	197.26 mm principal	0.89	Debt	Long	Hungary
Indofood CBP Sukses Makmur Tbk P.T.	476.33 k	580.00 k principal	0.85	Debt	Long	Indonesia
Nexa Resources S.A.	459.55 k	455.00 k principal	0.82	Debt	Long	Luxembourg
Bimbo Bakeries USA, Inc.	451.87 k	470.00 k principal	0.81	Debt	Long	USA
Standard Chartered PLC	435.49 k	490.00 k principal	0.78	Debt	Long	UK
Raiffeisen Bank zrt	430.91 k	400.00 k principal	0.77	Debt	Long	Hungary
Bank Gospodarstwa Krajowego	430.21 k	440.00 k principal	0.77	Debt	Long	Poland
QIC Cayman Ltd.	422.10 k	420.00 k principal	0.75	Debt	Long	Cayman Islands
Ivory Coast Government International Bond	417.64 k	430.00 k principal	0.74	Debt	Long	Côte d'Ivoire
Jscb Agrobank	409.00 k	400.00 k principal	0.73	Debt	Long	Uzbekistan
Akbank TAS	406.88 k	400.00 k principal	0.73	Debt	Long	Turkey
EC Ecopetrol S.A.	405.01 k	490.00 k principal	0.72	Debt	Long	Colombia
Telecommunications Co. Telekom Srbija AD Belgrade	399.75 k	400.00 k principal	0.71	Debt	Long	Serbia
Muthoot Finance Ltd.	397.50 k	400.00 k principal	0.71	Debt	Long	India
Bangkok Bank PCL/Hong Kong	393.96 k	390.00 k principal	0.70	Debt	Long	Thailand
KOS Kosmos Energy Ltd.	385.40 k	410.00 k principal	0.69	Debt	Long	USA
Saudi Government International Bond	363.68 k	390.00 k principal	0.65	Debt	Long	Saudi Arabia
Montenegro Government International Bond	359.30 k	350.00 k principal	0.64	Debt	Long	Montenegro
Ukraine Government International Bond	327.60 k	560.00 k principal	0.58	Debt	Long	Ukraine
JSW Steel Ltd.	323.21 k	360.00 k principal	0.58	Debt	Long	India
Tengizchevroil Finance Co. International Ltd.	323.12 k	380.00 k principal	0.58	Debt	Long	Bermuda
Bahrain Government International Bond	320.66 k	330.00 k principal	0.57	Debt	Long	Bahrain
Ford Otomotiv Sanayi A.S.	320.20 k	320.00 k principal	0.57	Debt	Long	Turkey
Greenko Solar Mauritius Ltd.	313.68 k	310.00 k principal	0.56	Debt	Long	Mauritius
Magyar Export-Import Bank Zrt	302.44 k	300.00 k principal	0.54	Debt	Long	Hungary
Manappuram Finance Ltd.	300.75 k	300.00 k principal	0.54	Debt	Long	India
India Green Power Holdings	292.20 k	307.99 k principal	0.52	Debt	Long	Mauritius
Paraguay Government International Bond	291.94 k	360.00 k principal	0.52	Debt	Long	Paraguay
Chile Electricity Lux Mpc II Sarl	291.45 k	300.00 k principal	0.52	Debt	Long	Luxembourg
Magellan Capital Holdings PLC	288.47 k	280.00 k principal	0.51	Debt	Long	UK
Empresa Generadora de Electricidad Haina S.A.	287.82 k	310.00 k principal	0.51	Debt	Long	Dominican Republic
Sasol Financing USA LLC	287.73 k	340.00 k principal	0.51	Debt	Long	USA
Emirates NBD Bank PJSC	286.69 k	300.00 k principal	0.51	Debt	Long	United Arab Emirates
Yinson Boronia Production B.V.	285.49 k	275.00 k principal	0.51	Debt	Long	Netherlands
Nigeria Government International Bond	285.21 k	280.00 k principal	0.51	Debt	Long	Nigeria
BBVA Bancomer S.A./Texas	283.60 k	280.00 k principal	0.51	Debt	Long	Mexico
DP World Ltd./United Arab Emirates	282.94 k	340.00 k principal	0.50	Debt	Long	United Arab Emirates
Rizal Commercial Banking Corp.	282.60 k	280.00 k principal	0.50	Debt	Long	Philippines
Petroleos Mexicanos	281.88 k	410.00 k principal	0.50	Debt	Long	Mexico
Braskem Idesa SAPI	279.30 k	380.00 k principal	0.50	Debt	Long	Mexico
OCP S.A.	278.77 k	370.00 k principal	0.50	Debt	Long	Morocco
BBVA Banco Bilbao Vizcaya Argentaria, S.A.	277.70 k	290.00 k principal	0.50	Debt	Long	Spain
Inversiones La Construccion S.A.	275.45 k	305.00 k principal	0.49	Debt	Long	Chile
FM First Quantum Minerals Ltd	275.11 k	260.00 k principal	0.49	Debt	Long	Canada
Republic of Azerbaijan International Bond	271.10 k	320.00 k principal	0.48	Debt	Long	Azerbaijan
Ecobank Transnational, Inc.	270.40 k	260.00 k principal	0.48	Debt	Long	Togo
Banco Mercantil del Norte S.A./Grand Cayman	268.48 k	300.00 k principal	0.48	Debt	Long	Mexico
KazMunayGas National Co. JSC	268.29 k	325.00 k principal	0.48	Debt	Long	Kazakhstan
India Vehicle Finance	267.41 k	270.00 k principal	0.48	Debt	Long	Mauritius
Turkiye Sinai Kalkinma Bankasi A.S.	266.73 k	260.00 k principal	0.48	Debt	Long	Turkey
MARB BondCo PLC	262.88 k	315.00 k principal	0.47	Debt	Long	UK
CK Hutchison International 20 Ltd.	258.82 k	370.00 k principal	0.46	Debt	Long	Cayman Islands
Finance Department Government of Sharjah	256.92 k	400.00 k principal	0.46	Debt	Long	United Arab Emirates
Banco Davivienda S.A.	256.65 k	300.00 k principal	0.46	Debt	Long	Colombia
AES Panama Generation Holdings SRL	256.10 k	293.93 k principal	0.46	Debt	Long	Panama
Republic of Uzbekistan International Bond	254.78 k	310.00 k principal	0.45	Debt	Long	Uzbekistan
AIA Group Ltd.	254.45 k	260.00 k principal	0.45	Debt	Long	Hong Kong
Morocco Government International Bond	249.78 k	370.00 k principal	0.45	Debt	Long	Morocco
CSN Resources S.A.	248.84 k	320.00 k principal	0.44	Debt	Long	Luxembourg
Banco Mercantil del Norte S.A./Grand Cayman	247.63 k	250.00 k principal	0.44	Debt	Long	Mexico
Corp Nacional del Cobre de Chile	247.41 k	410.00 k principal	0.44	Debt	Long	Chile
Absa Group Ltd.	245.47 k	250.00 k principal	0.44	Debt	Long	South Africa
Guatemala Government Bond	245.30 k	320.00 k principal	0.44	Debt	Long	Guatemala
Angolan Government International Bond	244.48 k	260.00 k principal	0.44	Debt	Long	Angola
Suzano Austria GmbH	240.16 k	290.00 k principal	0.43	Debt	Long	Austria
Malaysia Government Bond	233.69 k	1.04 mm principal	0.42	Debt	Long	Malaysia
Axiata Spv5 Labuan Ltd.	233.28 k	360.00 k principal	0.42	Debt	Long	Malaysia
GCC S.A.B. de C.V.	229.98 k	270.00 k principal	0.41	Debt	Long	Mexico
Romania Government Bond	225.10 k	1.11 mm principal	0.40	Debt	Long	Romania
VEON Holdings B.V.	220.31 k	250.00 k principal	0.39	Debt	Long	Netherlands
El Salvador Government International Bond	219.78 k	210.00 k principal	0.39	Debt	Long	El Salvador
VEON Holdings B.V.	217.35 k	250.00 k principal	0.39	Debt	Long	Netherlands
Kingston Airport Revenue Finance Ltd.	200.90 k	200.00 k principal	0.36	Debt	Long	Cayman Islands
United States Treasury Bill	198.86 k	200.00 k principal	0.35	Debt	Long	USA
FIEMEX Energia - Banco Actinver S.A. Institucion de Banca Multiple	196.90 k	200.00 k principal	0.35	Debt	Long	Mexico
Pakistan Government International Bond	180.13 k	200.00 k principal	0.32	Debt	Long	Pakistan
Pakistan Water & Power Development Authority	178.11 k	230.00 k principal	0.32	Debt	Long	Pakistan
Shimao Group Holdings Ltd.	112.63 k	1.70 mm principal	0.20	Debt	Long	Cayman Islands
Sunac China Holdings Ltd.	91.19 k	829.00 k principal	0.16	Debt	Long	Cayman Islands
CIFI Holdings Group Co., Ltd.	88.20 k	700.00 k principal	0.16	Debt	Long	Cayman Islands
Ghana Government International Bond	80.35 k	114.84 k principal	0.14	Debt	Long	Ghana
Country Garden Holdings Co., Ltd.	79.00 k	800.00 k principal	0.14	Debt	Long	Cayman Islands
Yuzhou Group Holdings Co., Ltd.	72.50 k	1.00 mm principal	0.13	Debt	Long	Cayman Islands
Ghana Government International Bond	68.68 k	79.86 k principal	0.12	Debt	Long	Ghana
Sri Lanka Government International Bond	42.11 k	56.89 k principal	0.08	Debt	Long	Sri Lanka
Sri Lanka Government International Bond	40.01 k	53.35 k principal	0.07	Debt	Long	Sri Lanka
KWG Group Holdings Ltd.	35.00 k	400.00 k principal	0.06	Debt	Long	Cayman Islands
Sri Lanka Government International Bond	34.57 k	37.17 k principal	0.06	Debt	Long	Sri Lanka
Sri Lanka Government International Bond	27.66 k	38.42 k principal	0.05	Debt	Long	Sri Lanka
Sri Lanka Government International Bond	23.79 k	29.01 k principal	0.04	Debt	Long	Sri Lanka
Logan Group Co., Ltd.	22.50 k	250.00 k principal	0.04	Debt	Long	Cayman Islands
Sri Lanka Government International Bond	20.00 k	26.66 k principal	0.04	Debt	Long	Sri Lanka
Ghana Government International Bond	13.98 k	18.22 k principal	0.02	Debt	Long	Ghana
Ghana Government International Bond	9.81 k	10.56 k principal	0.02	Debt	Long	Ghana
Ukraine Government International Bond	135.70	230.00 principal	0.00	Debt	Long	Ukraine
EURO FORWARD CONTRACT 03/18/2025 / Manual	-415.79 k	-400.00 k other units	-0.74	DFE	N/A	XX