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Morningstar

GMO Benchmark-Free III GBFFX

Morningstar Medalist Rating
Medalist Rating as of | See GMO Investment Hub
  • NAV / 1-Day Return 19.41  /  0.00
  • Total Assets 1.1 Bil
  • Adj. Expense Ratio
    0.200%
  • Expense Ratio 0.550%
  • Distribution Fee Level Low
  • Share Class Type Institutional
  • Category Global Allocation
  • Investment Style Large Value
  • Credit Quality / Interest Rate Sensitivity —
  • Status Open
  • TTM Yield 5.49%
  • Turnover 107%

USD | NAV as of Apr 24, 2024 | 1-Day Return as of Apr 24, 2024, 11:37 PM GMT+0

Morningstar’s Analysis GBFFX

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

  • People Pillar

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

A sound investment process and strong management team underpin GMO Benchmark-Free III's Morningstar Medalist Rating of Silver.

null Morningstar Manager Research

Morningstar Manager Research

Summary

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

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings GBFFX

More GBFFX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 31.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Asset Offset

18.75 203.3 Mil
—

United States Treasury Notes 1.38%

7.27 78.8 Mil
Government

GMO Opportunistic Income VI

4.84 52.5 Mil
—

GMO Resources VI

4.44 48.1 Mil
—

GMO Emerging Country Debt VI

3.68 39.9 Mil
—

United States Treasury Notes 1.25%

3.57 38.7 Mil
Government

Nomura Repo

2.86 31.0 Mil
Cash and Equivalents

United States Treasury Notes 5.39%

2.77 30.0 Mil
Government

5 Year Treasury Note Future Mar 24

2.63 28.5 Mil
Government

10 Year Treasury Note Future Mar 24

1.91 20.8 Mil
Government