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Trending ETFs

GMO Global Asset Allocation Fund

mutual fund
GMOOX
Payout Change
Pending
Price as of:
$34.21 +0.03 +0.09%
primary theme
N/A
GMOOX (Mutual Fund)

GMO Global Asset Allocation Fund

Payout Change
Pending
Price as of:
$34.21 +0.03 +0.09%
primary theme
N/A
GMOOX (Mutual Fund)

GMO Global Asset Allocation Fund

Payout Change
Pending
Price as of:
$34.21 +0.03 +0.09%
primary theme
N/A

Name

As of 12/05/2024

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

$34.21

$354 M

0.19%

$0.07

0.85%

Vitals

YTD Return

7.4%

1 yr return

12.6%

3 Yr Avg Return

3.4%

5 Yr Avg Return

N/A

Net Assets

$354 M

Holdings in Top 10

79.9%

52 WEEK LOW AND HIGH

$34.2
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.85%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 27.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$0

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 12/05/2024

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

$34.21

$354 M

0.19%

$0.07

0.85%

GMOOX - Profile

Distributions

  • YTD Total Return 7.4%
  • 3 Yr Annualized Total Return 3.4%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 2.68%
DIVIDENDS
  • Dividend Yield 0.2%
  • Dividend Distribution Frequency SemiAnnual

Fund Details

  • Legal Name
    GMO Global Asset Allocation Fund
  • Fund Family Name
    GMO Mutual Funds
  • Inception Date
    Jan 06, 2021
  • Shares Outstanding
    N/A
  • Share Class
    I
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Ben Inker

Fund Description

The Fund is a fund of funds and invests primarily in shares of other series of GMO Trust, including the Equity Funds, the Fixed Income Funds, the Implementation Funds, and the Alternative Funds, and in GMO-managed exchange-traded funds (collectively, the “underlying GMO Funds”) (see “Additional Information About the Funds’ Investment Strategies, Risks, and Expenses — Asset Allocation Funds”).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. Under normal circumstances, GMO intends to invest not more than 85% of the Fund’s net assets in the Equity Funds. The factors GMO considers and investment methods GMO uses can change over time.The Fund is permitted to invest in any asset class (e.g., U.S. equity, non-U.S. equity, emerging country equity, U.S. fixed income, non-U.S. fixed income, emerging country debt, and commodities), strategy (e.g., long/short and event-driven strategies), sector, country, or region and at times may have substantial exposure to a single asset class, sector, country, region, issuer, or currency and companies with similar market capitalizations. In addition, the Fund is not restricted in its exposure to any particular market and may invest in securities of companies of any market capitalization and, in the case of debt instruments, of any credit quality (including below investment grade securities, commonly referred to as “high yield” or “junk bonds”), maturity and duration.In seeking to achieve the Fund’s investment objective, GMO may invest a significant portion of the Fund’s net assets in cash and cash equivalents. In addition, the Fund may lend its portfolio securities.The Fund also may invest in money market funds unaffiliated with GMO and directly in the types of investments typically held by money market funds.
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GMOOX - Performance

Return Ranking - Trailing

Period GMOOX Return Category Return Low Category Return High Rank in Category (%)
YTD 7.4% -23.7% 16.4% 55.58%
1 Yr 12.6% -8.9% 48.3% 97.21%
3 Yr 3.4%* -2.2% 16.4% 88.64%
5 Yr N/A* -0.7% 13.4% 87.85%
10 Yr N/A* 0.9% 11.8% 78.27%

* Annualized

Return Ranking - Calendar

Period GMOOX Return Category Return Low Category Return High Rank in Category (%)
2023 10.1% -40.8% 20.6% N/A
2022 -15.9% -21.0% 24.5% N/A
2021 N/A -24.2% 27.8% N/A
2020 N/A -23.1% 11.7% N/A
2019 N/A -100.0% 20.6% N/A

Total Return Ranking - Trailing

Period GMOOX Return Category Return Low Category Return High Rank in Category (%)
YTD 7.4% -23.7% 16.4% 54.29%
1 Yr 12.6% -12.8% 48.3% 93.64%
3 Yr 3.4%* -3.4% 16.4% 85.15%
5 Yr N/A* -1.1% 13.4% 85.81%
10 Yr N/A* 0.9% 11.8% 78.18%

* Annualized

Total Return Ranking - Calendar

Period GMOOX Return Category Return Low Category Return High Rank in Category (%)
2023 16.1% -40.8% 20.6% N/A
2022 -12.8% -21.0% 24.5% N/A
2021 N/A -24.2% 27.8% N/A
2020 N/A -23.1% 11.7% N/A
2019 N/A -2.9% 23.1% N/A

NAV & Total Return History


GMOOX - Holdings

Concentration Analysis

GMOOX Category Low Category High GMOOX % Rank
Net Assets 354 M 1.12 M 110 B 50.11%
Number of Holdings 20 2 10961 84.34%
Net Assets in Top 10 305 M -31.7 M 22 B 28.18%
Weighting of Top 10 79.87% 10.8% 100.0% 14.19%

Top 10 Holdings

  1. GMO International Equity Fund 15.31%
  2. GMO Alternative Allocation Fund 12.23%
  3. GMO Multi-Sector Fixed Income Fund 11.64%
  4. GMO International Opportunistic Value Fund 7.19%
  5. GMO US Opportunistic Value Fund 7.11%
  6. GMO Asset Allocation Bond Fund 6.22%
  7. GMO-Usonian Japan Value Creation Fund 6.11%
  8. GMO Emerging Markets Fund 5.86%
  9. GMO US Equity Fund 5.10%
  10. GMO Emerging Country Debt 3.08%

Asset Allocation

Weighting Return Low Return High GMOOX % Rank
Stocks
99.87% -45.72% 98.42% 54.49%
Convertible Bonds
0.15% 0.00% 25.49% 62.63%
Cash
0.13% -97.12% 185.58% 21.09%
Preferred Stocks
0.00% -0.03% 14.00% 34.24%
Other
0.00% -1.25% 197.12% 24.22%
Bonds
0.00% -39.76% 93.84% 57.20%

Stock Sector Breakdown

Weighting Return Low Return High GMOOX % Rank
Financial Services
17.86% 0.00% 30.34% 26.11%
Technology
17.26% 0.00% 39.48% 42.25%
Industrials
14.33% 0.09% 32.39% 10.40%
Consumer Cyclical
12.61% 0.00% 20.84% 15.07%
Healthcare
9.59% 0.00% 30.30% 64.97%
Communication Services
7.80% 0.00% 28.59% 37.79%
Basic Materials
7.07% 0.00% 60.23% 28.03%
Consumer Defense
6.27% 0.00% 31.85% 51.17%
Real Estate
2.69% 0.00% 90.14% 68.15%
Energy
2.46% 0.00% 38.61% 89.81%
Utilities
2.07% 0.00% 40.29% 70.06%

Stock Geographic Breakdown

Weighting Return Low Return High GMOOX % Rank
US
99.87% -4.82% 95.75% 78.71%
Non US
0.00% -46.69% 57.06% 14.41%

GMOOX - Expenses

Operational Fees

GMOOX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.85% 0.16% 2.71% 84.55%
Management Fee 0.00% 0.00% 1.70% 1.93%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.70% N/A

Sales Fees

GMOOX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 5.75% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

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

GMOOX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 27.00% 0.00% 441.00% 30.62%

GMOOX - Distributions

Dividend Yield Analysis

GMOOX Category Low Category High GMOOX % Rank
Dividend Yield 0.19% 0.00% 10.92% 3.12%

Dividend Distribution Analysis

GMOOX Category Low Category High Category Mod
Dividend Distribution Frequency SemiAnnual Annually Monthly Monthly

Net Income Ratio Analysis

GMOOX Category Low Category High GMOOX % Rank
Net Income Ratio 2.68% -5.20% 6.33% 93.68%

Capital Gain Distribution Analysis

GMOOX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Distributions History

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GMOOX - Fund Manager Analysis

Managers

Ben Inker


Start Date

Tenure

Tenure Rank

Oct 22, 1996

25.62

25.6%

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
0.03 30.27 6.52 9.25