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Morningstar

GMO Global Asset Allocation III GMWAX

Morningstar Medalist Rating
Medalist Rating as of | See GMO Investment Hub
  • NAV / 1-Day Return 32.76  /  +0.68 %
  • Total Assets 365.3 Mil
  • Adj. Expense Ratio
    0.680%
  • Expense Ratio 0.680%
  • Distribution Fee Level Low
  • Share Class Type Institutional
  • Category Global Allocation
  • Investment Style Large Value
  • Credit Quality / Interest Rate Sensitivity —
  • Status Open
  • TTM Yield 5.42%
  • Turnover 31%

USD | NAV as of May 03, 2024 | 1-Day Return as of May 03, 2024, 11:45 PM GMT+0

Morningstar’s Analysis GMWAX

Will GMWAX 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 GMWAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the GMWAX 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 GMWAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A core contrarian option.

Analyst Vedran Beogradlija

Vedran Beogradlija

Analyst

Summary

GMO Global Asset Allocation delivers the firm’s value-driven asset class forecasts around more traditional equity/bond allocation targets. Though susceptible to periods of underperformance, this fund can provide a relatively stable approach to contrarian investing.

by Vedran Beogradlija
Rated on Published on

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Portfolio Holdings GMWAX

More GMWAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 0.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Fncl 6 1/24

3.17 11.6 Mil
—

United States Treasury Notes 5.5%

2.62 9.6 Mil
Government

Amazon.com Inc

2.06 7.5 Mil
Consumer Cyclical

Alphabet Inc Class C

1.93 7.1 Mil
Communication Services

Japan (Government Of) 0%

1.40 5.1 Mil
Government

Fncl 3 1/24

0.93 3.4 Mil
—

Taiwan Semiconductor Manufacturing Co Ltd

0.81 3.0 Mil
Technology

Alphabet Inc Class A

0.73 2.7 Mil
Communication Services

Fnci 2.5 1/24

−1.55 −5.7 Mil
—

Dummy

−5.18 −19.0 Mil
—