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Morningstar

GMO Benchmark-Free Allocation III GBMFX

Morningstar Medalist Rating
Medalist Rating as of | See GMO Investment Hub
  • NAV / 1-Day Return 27.15  /  −0.18 %
  • Total Assets 2.7 Bil
  • Adj. Expense Ratio
    1.160%
  • Expense Ratio 1.160%
  • Distribution Fee Level High
  • Share Class Type Institutional
  • Category Global Allocation
  • Investment Style Large Value
  • Credit Quality / Interest Rate Sensitivity —
  • Status Open
  • TTM Yield 5.54%
  • Turnover 15%

USD | NAV as of May 16, 2024 | 1-Day Return as of May 16, 2024, 11:42 PM GMT+0

Morningstar’s Analysis GBMFX

Will GBMFX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable GBMFX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the GBMFX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of GBMFX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A consistently contrarian approach that requires patience.

Analyst Vedran Beogradlija

Vedran Beogradlija

Analyst

Summary

GMO Benchmark-Free Allocation packages the firm’s contrarian views and value-driven asset-class forecasts. The differentiated approach is consistently applied by a research-focused team, but it can face prolonged periods of underperformance.

by Vedran Beogradlija
Rated on Published on

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Portfolio Holdings GBMFX

More GBMFX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings −3.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Notes 5.5%

6.31 168.7 Mil
Government

United States Treasury Notes 1.75%

5.37 143.7 Mil
Government

United States Treasury Notes 1.38%

4.65 124.3 Mil
Government

United States Treasury Notes 5.47%

3.27 87.5 Mil
Government

United States Treasury Notes 5.44%

2.72 72.9 Mil
Government

United States Treasury Notes 5.55%

2.37 63.3 Mil
Government

FHLBA

1.48 39.7 Mil
Government

United States Treasury Notes 5.34%

1.15 30.6 Mil
Government

Pioneer Natural Resources Co

0.60 16.1 Mil
Energy

Dummy

−19.86 −531.2 Mil
—