GMO Alternative Allocation Fund Class VI (GAAVX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
18.98
-0.04 (-0.21%)
At close: Feb 13, 2026
Fund Assets777.40M
Expense Ratio1.69%
Min. Investment$300,000,000
Turnover1,129.00%
Dividend (ttm)1.61
Dividend Yield8.47%
Dividend Growth176.36%
Payout FrequencySemi-Annual
Ex-Dividend DateDec 29, 2025
Previous Close19.02
YTD Return3.60%
1-Year Return19.76%
5-Year Return20.73%
52-Week Low15.84
52-Week High19.16
Beta (5Y)0.00
Holdings1499
Inception DateMay 1, 2019

About GAAVX

GMO Alternative Allocation Fund Class VI is a multi-strategy mutual fund designed to provide investors with positive total returns by investing in a diversified mix of alternative investment strategies. Its primary objective is to generate returns in excess of the FTSE 3-Month Treasury Bill Index over a full market cycle while offering portfolio diversification with low correlation to traditional asset classes. The fund allocates capital dynamically both at the portfolio level, using top-down risk and opportunity assessments, and within underlying strategies that adjust their exposures based on prevailing market conditions. It invests across a wide range of liquid alternative categories, including merger arbitrage, event-driven, global macro, equity market neutral, relative value, systematic put writing, and fixed income absolute return strategies. Notable features include efficient use of capital through portfolio overlays, daily liquidity, and full transparency regarding positions and investment rationale. The fund is managed by a team of experienced professionals and is intended for institutional investors seeking to enhance portfolio resilience through exposure to alternative risk and return sources beyond traditional stocks and bonds.

Fund Family GMO
Category Multistrategy
Performance Rating Below Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol GAAVX
Share Class Class VI
Index FTSE 3 Months Treasury Bill TR

Performance

GAAVX had a total return of 19.76% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.48%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

SymbolShare ClassExpense Ratio
GAAKXClass R61.85%
GAAGXClass I1.98%

Dividend History

Ex-DividendAmountPay Date
Dec 29, 2025$0.9953Dec 30, 2025
Jul 1, 2025$0.6123Jul 2, 2025
Dec 27, 2024$0.4837Dec 30, 2024
Jul 2, 2024$0.098Jul 3, 2024
Dec 27, 2023$0.9532Dec 28, 2023
Jul 12, 2022$0.1667Jul 13, 2022
Full Dividend History