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Trending ETFs

GMO International Equity Fund

mutual fund
GMOIX
Payout Change
Pending
Price as of:
$25.3 +0.24 +0.96%
primary theme
International Large-Cap Value Equity
GMOIX (Mutual Fund)

GMO International Equity Fund

Payout Change
Pending
Price as of:
$25.3 +0.24 +0.96%
primary theme
International Large-Cap Value Equity
GMOIX (Mutual Fund)

GMO International Equity Fund

Payout Change
Pending
Price as of:
$25.3 +0.24 +0.96%
primary theme
International Large-Cap Value Equity

Name

As of 05/24/2024

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

$25.30

$919 M

10.40%

$2.63

0.70%

Vitals

YTD Return

10.5%

1 yr return

24.5%

3 Yr Avg Return

4.9%

5 Yr Avg Return

10.6%

Net Assets

$919 M

Holdings in Top 10

29.5%

52 WEEK LOW AND HIGH

$25.1
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.70%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A


Min Investment

Standard (Taxable)

$35,000,000

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 05/24/2024

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

$25.30

$919 M

10.40%

$2.63

0.70%

GMOIX - Profile

Distributions

  • YTD Total Return 10.5%
  • 3 Yr Annualized Total Return 4.9%
  • 5 Yr Annualized Total Return 10.6%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 3.84%
DIVIDENDS
  • Dividend Yield 10.4%
  • Dividend Distribution Frequency SemiAnnual

Fund Details

  • Legal Name
    GMO International Equity Fund
  • Fund Family Name
    GMO Mutual Funds
  • Inception Date
    Mar 31, 1987
  • Shares Outstanding
    N/A
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Simon Harris

Fund Description

GMO seeks to achieve the Fund’s investment objective by investing the Fund’s assets primarily in non-U.S. developed market equities. GMO selects the securities the Fund buys and sells based on its evaluation of companies’ published financial information, securities’ prices, equity and other markets (e.g., bond and currency), the overall global economy, and governmental policies.In selecting securities for the Fund, GMO’s quantitative investment process uses a combination of investment methods to identify securities GMO believes have positive return potential relative to other securities tied economically to international equity markets. Some of these methods evaluate individual companies or groups of companies based on the ratio of their security price to historical financial information and forecasted financial information, such as return on invested capital, profitability, cash flow and earnings, and a comparison of these ratios to current and historical industry, market or company averages. Other methods focus on patterns of information, such as price movement or volatility of an asset class, security, or market. In constructing the Fund’s portfolio, GMO considers a number of factors, including position size, sector and industry exposure, country and region exposure, currencies, market capitalization, liquidity, and transaction costs. GMO also may consider ESG (environmental, social and governance) criteria. Among other ESG criteria, GMO generally avoids investing the Fund’s assets in companies engaged in the manufacture, supply, or distribution of cluster munitions, as well as companies primarily involved in the mining and production of coal and coal-related products used in the generation of energy. At times, the Fund may have substantial exposure to a single asset class, industry, sector, country, region, issuer, or currency or companies with similar market capitalizations. The Fund may invest in securities of companies of any market capitalization. The factors GMO considers and investment methods GMO uses can change over time.As an alternative to investing directly in equities, the Fund may invest in exchange-traded and over-the-counter (OTC) derivatives and exchange-traded funds (ETFs). The Fund also may invest in derivatives and ETFs in an attempt to obtain or adjust elements of its long or short investment exposure. Derivatives used may include futures, options, forward currency contracts, and swap contracts. In addition, the Fund may lend its portfolio securities.Under normal circumstances, the Fund invests directly and indirectly (through underlying funds or derivatives) at least 80% of its assets in equities (see “Name Policies”).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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GMOIX - Performance

Return Ranking - Trailing

Period GMOIX Return Category Return Low Category Return High Rank in Category (%)
YTD 10.5% -0.4% 14.3% 7.30%
1 Yr 24.5% 2.3% 27.1% 6.98%
3 Yr 4.9%* -4.9% 75.3% 31.68%
5 Yr 10.6%* 0.3% 47.4% 3.90%
10 Yr 4.2%* -0.7% 21.8% 35.29%

* Annualized

Return Ranking - Calendar

Period GMOIX Return Category Return Low Category Return High Rank in Category (%)
2023 11.7% 1.0% 26.9% 63.44%
2022 -14.1% -27.8% 166.1% 62.42%
2021 5.2% -66.6% 64.4% 74.43%
2020 2.6% -23.1% 17.3% 25.42%
2019 20.3% 4.4% 31.6% 7.32%

Total Return Ranking - Trailing

Period GMOIX Return Category Return Low Category Return High Rank in Category (%)
YTD 10.5% -0.4% 14.3% 7.30%
1 Yr 24.5% 2.3% 27.1% 6.98%
3 Yr 4.9%* -4.9% 75.3% 31.68%
5 Yr 10.6%* 0.3% 47.4% 3.90%
10 Yr 4.2%* -0.7% 21.8% 35.29%

* Annualized

Total Return Ranking - Calendar

Period GMOIX Return Category Return Low Category Return High Rank in Category (%)
2023 20.5% 5.4% 31.0% 13.75%
2022 -10.4% -19.9% 344.3% 53.82%
2021 12.1% -0.2% 75.3% 48.54%
2020 7.5% -20.4% 18.9% 7.12%
2019 24.5% 11.2% 32.1% 6.62%

NAV & Total Return History


GMOIX - Holdings

Concentration Analysis

GMOIX Category Low Category High GMOIX % Rank
Net Assets 919 M 2.04 M 46.7 B 37.69%
Number of Holdings 227 2 2650 22.74%
Net Assets in Top 10 279 M 485 K 14 B 33.02%
Weighting of Top 10 29.52% 6.0% 100.0% 28.13%

Top 10 Holdings

  1. GMO US Treasury Fund 7.60%
  2. TotalEnergies SE 2.71%
  3. Cie de Saint-Gobain SA 2.62%
  4. Banco Bilbao Vizcaya Argentaria SA 2.58%
  5. SAP SE 2.52%
  6. 3i Group PLC 2.41%
  7. Stellantis NV 2.34%
  8. Japan Tobacco Inc 2.31%
  9. Mitsubishi UFJ Financial Group Inc 2.28%
  10. ITOCHU Corp 2.17%

Asset Allocation

Weighting Return Low Return High GMOIX % Rank
Stocks
104.96% 1.01% 104.96% 0.93%
Preferred Stocks
0.38% 0.00% 4.99% 47.98%
Bonds
0.11% 0.00% 73.30% 7.79%
Other
0.04% -1.07% 38.17% 34.89%
Cash
0.02% 0.00% 17.09% 95.02%
Convertible Bonds
0.00% 0.00% 0.15% 68.54%

Stock Sector Breakdown

Weighting Return Low Return High GMOIX % Rank
Industrials
19.90% 1.03% 36.79% 6.92%
Consumer Cyclical
13.90% 0.00% 27.46% 22.01%
Financial Services
13.80% 0.00% 42.76% 90.88%
Healthcare
12.76% 0.00% 23.28% 28.62%
Consumer Defense
12.43% 0.00% 31.84% 14.47%
Basic Materials
11.05% 0.00% 30.76% 19.18%
Communication Services
8.33% 0.00% 22.75% 25.16%
Technology
5.27% 0.00% 24.16% 65.41%
Energy
1.70% 0.00% 26.59% 87.42%
Real Estate
0.49% 0.00% 17.06% 69.50%
Utilities
0.37% 0.00% 27.46% 86.79%

Stock Geographic Breakdown

Weighting Return Low Return High GMOIX % Rank
Non US
90.75% 0.00% 100.56% 59.81%
US
14.21% 0.00% 99.97% 16.51%

Bond Sector Breakdown

Weighting Return Low Return High GMOIX % Rank
Government
93.56% 0.00% 93.56% 0.98%
Derivative
0.04% -1.07% 30.23% 14.02%
Cash & Equivalents
0.02% 0.00% 100.00% 76.32%
Securitized
0.00% 0.00% 20.93% 67.97%
Corporate
0.00% 0.00% 91.99% 71.57%
Municipal
0.00% 0.00% 0.00% 67.97%

Bond Geographic Breakdown

Weighting Return Low Return High GMOIX % Rank
US
0.11% 0.00% 69.58% 7.17%
Non US
0.00% 0.00% 3.72% 68.54%

GMOIX - Expenses

Operational Fees

GMOIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.70% 0.01% 7.03% 80.06%
Management Fee 0.65% 0.00% 1.25% 38.44%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.03% 0.47% N/A

Sales Fees

GMOIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

GMOIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.25% 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.

GMOIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 2.00% 158.16% 72.55%

GMOIX - Distributions

Dividend Yield Analysis

GMOIX Category Low Category High GMOIX % Rank
Dividend Yield 10.40% 0.00% 13.19% 7.81%

Dividend Distribution Analysis

GMOIX Category Low Category High Category Mod
Dividend Distribution Frequency SemiAnnual Annual Quarterly Annual

Net Income Ratio Analysis

GMOIX Category Low Category High GMOIX % Rank
Net Income Ratio 3.84% 0.18% 7.85% 9.65%

Capital Gain Distribution Analysis

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

Distributions History

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GMOIX - Fund Manager Analysis

Managers

Simon Harris


Start Date

Tenure

Tenure Rank

Jun 30, 2019

2.92

2.9%

Tenure Analysis

Category Low Category High Category Average Category Mode
0.2 29.68 7.59 0.54