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Trending ETFs

GMO Global Equity Allocation Fund

mutual fund
GMADX
Payout Change
Pending
Price as of:
$30.1 -0.08 -0.27%
primary theme
N/A
share class
I (GAAUX) R6 (GMADX) Other (GMGEX)
GMADX (Mutual Fund)

GMO Global Equity Allocation Fund

Payout Change
Pending
Price as of:
$30.1 -0.08 -0.27%
primary theme
N/A
share class
I (GAAUX) R6 (GMADX) Other (GMGEX)
GMADX (Mutual Fund)

GMO Global Equity Allocation Fund

Payout Change
Pending
Price as of:
$30.1 -0.08 -0.27%
primary theme
N/A
share class
I (GAAUX) R6 (GMADX) Other (GMGEX)

Name

As of 12/13/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

GMO Global Equity Allocation Fund

GMADX | Fund

$30.10

$666 M

0.54%

$0.16

0.60%

Vitals

YTD Return

11.5%

1 yr return

14.3%

3 Yr Avg Return

4.9%

5 Yr Avg Return

N/A

Net Assets

$666 M

Holdings in Top 10

94.3%

52 WEEK LOW AND HIGH

$30.2
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.60%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 20.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$0

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 12/13/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

GMO Global Equity Allocation Fund

GMADX | Fund

$30.10

$666 M

0.54%

$0.16

0.60%

GMADX - Profile

Distributions

  • YTD Total Return 11.5%
  • 3 Yr Annualized Total Return 4.9%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 3.74%
DIVIDENDS
  • Dividend Yield 0.5%
  • Dividend Distribution Frequency SemiAnnual

Fund Details

  • Legal Name
    GMO Global Equity Allocation Fund
  • Fund Family Name
    GMO Mutual Funds
  • Inception Date
    Jul 15, 2020
  • Shares Outstanding
    N/A
  • Share Class
    R6
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Ben Inker

Fund Description

The Fund is a fund of funds and invests primarily in equities traded in U.S. and non-U.S. markets (including emerging markets) through its investment in the Equity Funds and GMO-managed exchange-traded funds (collectively, the “underlying GMO Funds”) (see “Additional Information About the Funds’ Investment Strategies, Risks, and Expenses — Asset Allocation Funds”). The Fund also may invest directly in securities (including other underlying funds) and derivatives.GMO uses its quantitative multi-year forecasts of returns among asset classes, together with its assessment of the relative risks of asset classes, to determine the asset classes in which the Fund invests and how much the Fund invests in each asset class. An important component of those forecasts is GMO’s expectation that valuations ultimately revert to their fundamental fair (or intrinsic) value over a complete market cycle. GMO changes the Fund’s asset class exposures in response to changes in GMO’s investment outlook and its assessment of market valuations and may use redemptions or purchases of Fund shares to rebalance the Fund’s investments. The factors GMO considers and investment methods GMO uses can change over time.Under normal circumstances, the Fund invests (including through its investment in the underlying GMO Funds) at least 80% of its assets in equities (see “Name Policies”).The Fund may invest in securities of companies of any market capitalization. In addition, the Fund may lend its portfolio securities.The Fund also may invest in U.S. Treasury Fund, in money market funds unaffiliated with GMO, and directly in the types of investments typically held by money market funds.
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GMADX - Performance

Return Ranking - Trailing

Period GMADX Return Category Return Low Category Return High Rank in Category (%)
YTD 11.5% -35.6% 29.2% 12.08%
1 Yr 14.3% 17.3% 252.4% 41.48%
3 Yr 4.9%* -3.5% 34.6% 69.95%
5 Yr N/A* 0.1% 32.7% 59.06%
10 Yr N/A* -6.9% 18.3% 70.69%

* Annualized

Return Ranking - Calendar

Period GMADX Return Category Return Low Category Return High Rank in Category (%)
2023 15.6% -24.3% 957.1% N/A
2022 -23.2% -38.3% 47.1% N/A
2021 6.7% -54.2% 0.6% N/A
2020 N/A -76.0% 54.1% N/A
2019 N/A -26.1% 47.8% N/A

Total Return Ranking - Trailing

Period GMADX Return Category Return Low Category Return High Rank in Category (%)
YTD 11.5% -35.6% 29.2% 12.08%
1 Yr 14.3% 11.4% 252.4% 37.61%
3 Yr 4.9%* -3.5% 34.6% 67.52%
5 Yr N/A* 0.1% 32.7% 57.58%
10 Yr N/A* -6.9% 18.3% 69.20%

* Annualized

Total Return Ranking - Calendar

Period GMADX Return Category Return Low Category Return High Rank in Category (%)
2023 22.2% -24.3% 957.1% N/A
2022 -17.0% -33.1% 47.1% N/A
2021 15.0% -44.4% 1.8% N/A
2020 N/A -6.5% 54.1% N/A
2019 N/A -14.4% 47.8% N/A

NAV & Total Return History

GMADX - Holdings

Concentration Analysis

GMADX Category Low Category High GMADX % Rank
Net Assets 666 M 199 K 133 B 21.71%
Number of Holdings 14 1 9075 95.04%
Net Assets in Top 10 644 M -18 M 37.6 B 14.32%
Weighting of Top 10 94.35% 9.1% 100.0% 1.03%

Top 10 Holdings

  1. GMO International Equity Fund 24.00%
  2. GMO US Opportunistic Value Fund 13.27%
  3. GMO Quality Fund 12.15%
  4. GMO International Opportunistic Value Fund 11.06%
  5. GMO Emerging Markets Fund 9.59%
  6. GMO-Usonian Japan Value Creation Fund 6.23%
  7. GMO Small Cap Quality Fund 5.07%
  8. GMO US Equity Fund 5.04%
  9. GMO Quality Cyclicals Fund 4.84%
  10. GMO US Small Cap Value Fund 3.10%

Asset Allocation

Weighting Return Low Return High GMADX % Rank
Stocks 		99.95% 61.84% 125.47% 91.19%
Cash 		0.06% -174.70% 23.12% 72.80%
Preferred Stocks 		0.00% -0.01% 5.28% 4.52%
Other 		0.00% -13.98% 19.14% 1.98%
Convertible Bonds 		0.00% 0.00% 4.46% 83.37%
Bonds 		0.00% -1.50% 161.67% 1.87%

Stock Sector Breakdown

Weighting Return Low Return High GMADX % Rank
Financial Services 		17.65% 0.00% 38.42% 32.49%
Technology 		15.97% 0.00% 49.87% 69.05%
Consumer Cyclical 		15.12% 0.00% 40.94% 25.99%
Industrials 		14.37% 0.00% 44.06% 53.52%
Healthcare 		10.55% 0.00% 35.42% 78.63%
Consumer Defense 		8.35% 0.00% 73.28% 39.10%
Basic Materials 		7.60% 0.00% 38.60% 11.23%
Communication Services 		6.07% 0.00% 57.66% 78.85%
Energy 		1.90% 0.00% 21.15% 25.44%
Real Estate 		1.61% 0.00% 39.48% 34.36%
Utilities 		0.81% 0.00% 29.12% 31.94%

Stock Geographic Breakdown

Weighting Return Low Return High GMADX % Rank
US 		99.95% 0.13% 103.82% 96.59%
Non US 		0.00% 0.58% 99.46% 5.62%

GMADX - Expenses

Operational Fees

GMADX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.60% 0.01% 44.27% N/A
Management Fee 0.00% 0.00% 1.82% 2.63%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.76% N/A

Sales Fees

GMADX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

GMADX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

GMADX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 20.00% 0.00% 395.00% 19.61%

GMADX - Distributions

Dividend Yield Analysis

GMADX Category Low Category High GMADX % Rank
Dividend Yield 0.54% 0.00% 3.26% 0.11%

Dividend Distribution Analysis

GMADX Category Low Category High Category Mod
Dividend Distribution Frequency SemiAnnual Annually Annually Annually

Net Income Ratio Analysis

GMADX Category Low Category High GMADX % Rank
Net Income Ratio 3.74% -4.27% 12.65% N/A

Capital Gain Distribution Analysis

GMADX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Semi-Annually Annually

Distributions History

View More +

GMADX - Fund Manager Analysis

Managers

Ben Inker

Start Date

Tenure

Tenure Rank

Nov 26, 1996

25.53

25.5%

Mr. Inker, Co-Heads of the Division, is the director of asset allocation. Mr. Inker has been responsible for overseeing the portfolio management of GMO's asset allocation portfolios since 1996. Mr. Inker joined Grantham, Mayo, Van Otterloo & Co. LLC in 1992 following the completion of his B.A. in Economics from Yale University. He is a CFA charterholder.

John Thorndike

Start Date

Tenure

Tenure Rank

Jun 30, 2019

2.92

2.9%

John Thorndike joined TAS in 2004. Prior to joining TAS, Mr. Thorndike was an analyst in the investment office of Bowdoin College.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.01 35.82 6.24 1.25

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