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Morningstar

GMO Opportunistic Income I GMOLX

Morningstar Medalist Rating
Medalist Rating as of | See GMO Investment Hub
  • NAV / 1-Day Return 24.04  /  −0.12 %
  • Total Assets 1.4 Bil
  • Adj. Expense Ratio
    0.670%
  • Expense Ratio 0.670%
  • Distribution Fee Level Below Average
  • Share Class Type Institutional
  • Category Nontraditional Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Limited
  • Min. Initial Investment —
  • Status Open
  • TTM Yield 7.39%
  • Effective Duration 1.99 years

USD | NAV as of May 17, 2024 | 1-Day Return as of May 17, 2024, 11:52 PM GMT+0

Morningstar’s Analysis GMOLX

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

  • People Pillar

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

A strong management team and sound investment process underpin GMO Opportunistic Income I's Morningstar Medalist Rating of Gold.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a cost advantage over competitors, priced within the least expensive fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings GMOLX

More GMOLX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 36.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Repo For R 5.32

20.99 310.2 Mil
Cash and Equivalents

2 Year Treasury Note Future June 24

14.67 216.8 Mil
Government

Contra Derivatives - Swaps

11.57 171.0 Mil
Cash and Equivalents

5 Year Treasury Note Future June 24

7.92 117.1 Mil
Government

Itraxx.Eur.40.V1 5yr Rtp @ 55.0000

6.13 90.6 Mil
Derivative

Cdx.Na.Ig.41.V1 5yr Rtp @ 50.00000

5.54 81.9 Mil
Derivative

Cdx-Nahys33v14-5y 35-100%

3.74 55.3 Mil
Derivative

10 Year Treasury Note Future June 24

3.63 53.6 Mil
Government

United States Treasury Notes 5.33785%

3.21 47.4 Mil
Government

United States Treasury Notes 5.54585%

3.08 45.4 Mil
Government