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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 24.51  /  0.08 %
  • Total Assets 1.2 Bil
  • Adj. Expense Ratio
    0.660%
  • Expense Ratio 0.680%
  • Distribution Fee Level Below Average
  • Share Class Type Institutional
  • Category Nontraditional Bond
  • Credit Quality / Interest Rate Sensitivity Medium / Limited
  • Min. Initial Investment 0
  • Status Open
  • TTM Yield 3.54%
  • Effective Duration 1.57 years

USD | NAV as of Jun 08, 2023 | 1-Day Return as of Jun 08, 2023, 10:15 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 sound investment process and strong management team underpin GMO Opportunistic Income I's Morningstar Medalist Rating of Silver.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a sizable 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 0
  • Bond Holdings 280
  • Other Holdings 17
  • % Assets in Top 10 Holdings 23.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Repo For R 4.80

16.69
200,044,669
Cash and Equivalents

Contra Derivatives - Swaps

13.55
162,417,615
Cash and Equivalents

Contra Derivatives - Swaptions

13.11
157,194,000
Cash and Equivalents

Future on 2 Year Treasury Note

10.27
123,079,946
Government

Cdx.Na.Ig.40.V1 5yr Rtp @ 77.50000

6.42
76,927,580
Derivative

Cdx-Nahys33v12-5y 35-100%

4.81
57,650,141
Derivative

United States Treasury Notes

3.97
47,562,866
Government

Cds: (Cdx.Na.Ig.39 15-100%)

3.96
47,418,061
Derivative

Federal National Mortgage Association 5.21739%

3.73
44,741,601
Securitized

Itraxx-Xovers36v1-5y 35-100%

3.57
42,751,966
Derivative