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Trending ETFs

GMO Quality Fund

mutual fund
GQLIX
Payout Change
Pending
Price as of:
$34.92 -0.2 -0.57%
primary theme
U.S. Large-Cap Blend Equity
share class
Other (GQETX) Other (GQLOX) I (GQLIX) Other (GQEFX) R6 (GQESX)
GQLIX (Mutual Fund)

GMO Quality Fund

Payout Change
Pending
Price as of:
$34.92 -0.2 -0.57%
primary theme
U.S. Large-Cap Blend Equity
share class
Other (GQETX) Other (GQLOX) I (GQLIX) Other (GQEFX) R6 (GQESX)
GQLIX (Mutual Fund)

GMO Quality Fund

Payout Change
Pending
Price as of:
$34.92 -0.2 -0.57%
primary theme
U.S. Large-Cap Blend Equity
share class
Other (GQETX) Other (GQLOX) I (GQLIX) Other (GQEFX) R6 (GQESX)

Name

As of 12/12/2024

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 Quality Fund

GQLIX | Fund

$34.92

$8.41 B

0.31%

$0.11

0.63%

Vitals

YTD Return

22.1%

1 yr return

23.5%

3 Yr Avg Return

10.6%

5 Yr Avg Return

14.8%

Net Assets

$8.41 B

Holdings in Top 10

39.0%

52 WEEK LOW AND HIGH

$35.1
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.63%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 18.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$0

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 12/12/2024

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 Quality Fund

GQLIX | Fund

$34.92

$8.41 B

0.31%

$0.11

0.63%

GQLIX - Profile

Distributions

  • YTD Total Return 22.1%
  • 3 Yr Annualized Total Return 10.6%
  • 5 Yr Annualized Total Return 14.8%
  • Capital Gain Distribution Frequency Semi-Annually
  • Net Income Ratio 0.96%
DIVIDENDS
  • Dividend Yield 0.3%
  • Dividend Distribution Frequency SemiAnnual

Fund Details

  • Legal Name
    GMO Quality Fund
  • Fund Family Name
    GMO Mutual Funds
  • Inception Date
    Sep 26, 2019
  • Shares Outstanding
    N/A
  • Share Class
    I
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Thomas Hancock

Fund Description

GMO seeks to achieve the Fund’s investment objective by investing the Fund’s assets primarily in equities of companies that GMO believes to be of high quality. GMO believes a high quality company generally to be a company that has an established business that will deliver a high level of return on past investments and that will use cash flows to make investments with the potential for a high return on capital or to return cash to shareholders through dividends, share buybacks, or other mechanisms.In selecting securities for the Fund, GMO uses a combination of investment methods, typically considering both (1) systematic factors, based on profitability, profit stability, leverage, and other publicly available financial information, and (2) judgmental factors, based on GMO’s assessment of future profitability, capital allocation, growth opportunities, and sustainability against competitive forces. GMO also may rely on valuation methodologies, such as discounted cash flow analysis and multiples of price to earnings, revenues, book values or other fundamental metrics. The Fund also is permitted to invest directly and indirectly (e.g., through underlying funds or derivatives) in equities of companies tied economically to any country in the world, including emerging countries.At times, the Fund may have substantial exposure to a single asset class, industry, sector, country, region, issuer, or currency and 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. GMO does not manage the Fund to, or control the Fund’s risk relative to, any securities index or securities benchmark.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.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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GQLIX - Performance

Return Ranking - Trailing

Period GQLIX Return Category Return Low Category Return High Rank in Category (%)
YTD 22.1% 4.3% 46.2% 66.42%
1 Yr 23.5% 5.8% 61.3% 45.66%
3 Yr 10.6%* -11.0% 19.2% 20.97%
5 Yr 14.8%* -7.6% 110.6% 35.63%
10 Yr N/A* -0.1% 52.9% 11.86%

* Annualized

Return Ranking - Calendar

Period GQLIX Return Category Return Low Category Return High Rank in Category (%)
2023 24.5% -42.6% 47.4% 12.74%
2022 -24.2% -56.3% -4.2% 74.60%
2021 18.7% -27.2% 537.8% 44.50%
2020 3.2% -22.5% 2181.7% 88.76%
2019 N/A -13.5% 40.4% N/A

Total Return Ranking - Trailing

Period GQLIX Return Category Return Low Category Return High Rank in Category (%)
YTD 22.1% 4.3% 46.2% 66.42%
1 Yr 23.5% 5.8% 61.3% 45.66%
3 Yr 10.6%* -11.0% 19.2% 20.97%
5 Yr 14.8%* -7.6% 110.6% 35.63%
10 Yr N/A* -0.1% 52.9% 11.10%

* Annualized

Total Return Ranking - Calendar

Period GQLIX Return Category Return Low Category Return High Rank in Category (%)
2023 29.9% -5.0% 47.4% 6.62%
2022 -15.4% -36.8% -2.2% 28.31%
2021 24.8% 3.0% 537.8% 71.40%
2020 17.1% -15.8% 2266.0% 51.45%
2019 N/A -0.4% 241.3% N/A

NAV & Total Return History

GQLIX - Holdings

Concentration Analysis

GQLIX Category Low Category High GQLIX % Rank
Net Assets 8.41 B 2.34 M 1.55 T 18.14%
Number of Holdings 44 2 3963 85.24%
Net Assets in Top 10 4.21 B 880 K 525 B 16.65%
Weighting of Top 10 39.04% 0.3% 111.6% 35.68%

Top 10 Holdings

  1. Microsoft Corp 5.90%
  2. Apple Inc 5.13%
  3. Alphabet Inc 3.96%
  4. Meta Platforms Inc 3.94%
  5. UnitedHealth Group Inc 3.55%
  6. Johnson Johnson 3.48%
  7. Taiwan Semiconductor Manufacturing Co Ltd 3.48%
  8. Elevance Health Inc 3.25%
  9. Coca-Cola Co/The 3.19%
  10. Texas Instruments Inc 3.15%

Asset Allocation

Weighting Return Low Return High GQLIX % Rank
Stocks 		99.87% 0.00% 105.79% 8.24%
Cash 		0.13% 0.00% 99.07% 85.33%
Preferred Stocks 		0.00% 0.00% 2.03% 50.29%
Other 		0.00% -13.91% 100.00% 65.05%
Convertible Bonds 		0.00% 0.00% 5.54% 47.73%
Bonds 		0.00% 0.00% 93.85% 51.28%

Stock Sector Breakdown

Weighting Return Low Return High GQLIX % Rank
Technology 		34.75% 0.00% 48.94% 2.52%
Healthcare 		23.82% 0.00% 52.29% 3.36%
Financial Services 		11.62% 0.00% 55.59% 84.47%
Consumer Cyclical 		10.19% 0.00% 30.33% 58.27%
Consumer Defense 		9.20% 0.00% 47.71% 16.04%
Industrials 		5.29% 0.00% 29.90% 96.56%
Communication Services 		5.15% 0.00% 27.94% 84.97%
Utilities 		0.00% 0.00% 20.91% 92.11%
Real Estate 		0.00% 0.00% 31.91% 92.86%
Energy 		0.00% 0.00% 41.64% 91.52%
Basic Materials 		0.00% 0.00% 25.70% 96.73%

Stock Geographic Breakdown

Weighting Return Low Return High GQLIX % Rank
US 		78.27% 0.00% 105.79% 97.36%
Non US 		21.60% 0.00% 63.83% 0.16%

GQLIX - Expenses

Operational Fees

GQLIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.63% 0.01% 19.75% 64.23%
Management Fee 0.48% 0.00% 1.90% 44.74%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 0.85% N/A

Sales Fees

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

Trading Fees

GQLIX 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.

GQLIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 18.00% 0.00% 268.00% 39.73%

GQLIX - Distributions

Dividend Yield Analysis

GQLIX Category Low Category High GQLIX % Rank
Dividend Yield 0.31% 0.00% 25.47% 86.61%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

GQLIX Category Low Category High GQLIX % Rank
Net Income Ratio 0.96% -54.00% 2.44% 35.30%

Capital Gain Distribution Analysis

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

Distributions History

View More +

GQLIX - Fund Manager Analysis

Managers

Thomas Hancock

Start Date

Tenure

Tenure Rank

Mar 23, 2009

13.2

13.2%

Dr. Hancock is the head of GMO's Focused Equity team and the portfolio manager for the Quality Strategy. Previously, at GMO, he was co-head of the Global Equity team. He is a partner of the firm. Prior to joining GMO in 1995, he was a research analyst at Siemens and a software engineer at IBM. Dr. Hancock holds a Ph.D. in Computer Science from Harvard University and B.S. and M.S. degrees from Rensselaer Polytechnic Institute.

Anthony Hene

Start Date

Tenure

Tenure Rank

Oct 01, 2015

6.67

6.7%

Mr. Hene is co-portfolio manager for the Quality Strategy. He is a member of the Focused Equity team and a partner of the firm. Previously at GMO, he was engaged in portfolio management within the Global Equity team. Mr. Hene joined GMO full-time in 1995. He has an MSc in Biochemistry from the University of Oxford and is a CFA charterholder.

Ty Cobb

Start Date

Tenure

Tenure Rank

Jun 30, 2019

2.92

2.9%

Mr. Cobb is engaged in portfolio management and research within GMO's Focused Equity team and is a partner of the firm. Previously at GMO, he led the fundamental research group for the Global Equity team. Prior to joining GMO in 1997, he worked at Brown Brothers Harriman. Mr. Cobb received a B.A. in Economics/Russian Language from Bucknell University and an M.S. in Finance from Suffolk University. He is a CFA charterholder.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 39.02 7.27 2.42

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