GMO Opportunistic Income R6 (GAAAX)
| Fund Assets | 1.27B |
| Expense Ratio | 0.57% |
| Min. Investment | $300,000,000 |
| Turnover | 277.00% |
| Dividend (ttm) | 1.23 |
| Dividend Yield | 5.06% |
| Dividend Growth | -38.79% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 24.35 |
| YTD Return | 3.36% |
| 1-Year Return | 4.16% |
| 5-Year Return | n/a |
| 52-Week Low | 23.97 |
| 52-Week High | 24.47 |
| Beta (5Y) | n/a |
| Holdings | 332 |
| Inception Date | May 19, 2021 |
About GAAAX
GMO Opportunistic Income Fund Class R6 is an open‑end mutual fund focused on capital appreciation and current income through diversified exposure to securitized and other debt markets. The strategy targets the structured finance universe, allocating flexibly across asset-backed securities, residential and commercial mortgage-backed securities, collateralized loan obligations, student loans, autos, and other niche segments to capture dislocations and inefficiencies. The portfolio is actively managed using top‑down and bottom‑up selection to balance risk and return, with relatively short effective duration and broad issue count supporting risk dispersion. Credit quality spans the full spectrum, reflecting an unconstrained approach to rating buckets while emphasizing pricing discipline and structural analysis. The fund’s role in the market is to provide access to specialized segments of fixed income that are often underrepresented in core bond allocations, aiming to complement traditional exposures with differentiated drivers of income and total return. According to sponsor materials and independent profiles, it seeks opportunities across private and public issuers and multiple geographies, with attention to liquidity, credit, and structural risks inherent to asset‑backed securities.
Performance
GAAAX had a total return of 4.16% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.40%.
Top 10 Holdings
29.40% of assets| Name | Symbol | Weight |
|---|---|---|
| United States Treasury - U.S. Treasury Floating Rate Notes | n/a | 8.15% |
| United States Treasury - U.S. Treasury Floating Rate Notes | TF.0 04.30.26 | 4.08% |
| Daiwa Capital Markets America, Inc. - REPO DAIWA | n/a | 3.92% |
| United States Treasury - U.S. Treasury Floating Rate Notes | n/a | 3.53% |
| UMBS, TBA - Uniform Mortgage-Backed Security, TBA | FNCL.6 7.11 | 2.09% |
| COMM Mortgage Trust - COMM 2018-COR3 Mortgage Trust | COMM.2018-COR3 A3 | 2.01% |
| UMBS, TBA - Uniform Mortgage-Backed Security, TBA | FNCL.5.5 7.11 | 1.75% |
| Towd Point Asset Trust 2021-SL1 | TPAT.2021-SL1 C | 1.32% |
| SLM Student Loan Trust 2008-6 | n/a | 1.29% |
| COMM Mortgage Trust - COMM 2024-277P Mortgage Trust | n/a | 1.27% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 29, 2025 | $0.0963 | Sep 2, 2025 |
| Jul 31, 2025 | $0.1065 | Aug 1, 2025 |
| Jun 30, 2025 | $0.0971 | Jul 1, 2025 |
| May 30, 2025 | $0.0968 | Jun 2, 2025 |
| Apr 30, 2025 | $0.1059 | May 1, 2025 |
| Mar 31, 2025 | $0.1019 | Apr 1, 2025 |