Morningstar

GMO Global Asset Allocation Fund Class III GMWAX

Morningstar Medalist Rating
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Medalist Rating as of See GMO Investment Hub
  • NAV / 1-Day Return $42.86  /  +0.28 %
  • Fund Size $667.7M
  • Adjusted Expense Ratio 0.840%
  • Net Expense Ratio 0.010%
  • Fee Level: Distribution Above Average
  • Share Class Type Institutional
  • Morningstar Category Global Moderate Allocation
  • Equity Style Box (Funds) Large Value
  • Fixed-Income Style Box (Funds) Medium/Limited
  • Investment Status Open
  • TTM Yield 4.41%
  • Turnover Ratio 25%
NAV and 1-Day Return as of

Morningstar’s Analysis GMWAX

Will GMWAX outperform in the 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 highly regarded duo steers this core stock and bond portfolio with a contrarian approach.

Analyst Vedran Beogradlija

Vedran Beogradlija

Analyst

Summary

An expert team shepherds GMO Global Asset Allocation, tailoring the firm’s valuation-driven research to a more typical moderate-allocation stock and bond mix. The approach is consistent but can demand investor patience.

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 −7.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Us 2yr Note (Cbt)

17.63 114M
Government

Us 5yr Note (Cbt)

9.12 59M
Government

10 Year Treasury Note Future Sept 26

4.36 28M
Government

United States Treasury Notes 3.87%

3.70 24M
Government

Ultra 10 Year US Treasury Note Future Sept 26

3.61 23M
Government

Us Long Bond(Cbt)

3.30 21M
Cash and Equivalents

Us Ultra Bond Cbt

2.48 16M
Government

Contra Derivatives - Options

−2.19 −14M
—

Contra Derivatives - Swaps

−6.59 −43M
—

Contra Derivatives - Futures

−39.08 −253M
—

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