GMO Alternative Allocation VI (GAAVX)
| Fund Assets | 838.79M |
| Expense Ratio | 2.74% |
| Min. Investment | $300,000,000 |
| Turnover | 789.00% |
| Dividend (ttm) | 1.64 |
| Dividend Yield | 9.16% |
| Dividend Growth | 49.24% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Jul 1, 2026 |
| Previous Close | 17.85 |
| YTD Return | 0.95% |
| 1-Year Return | 11.81% |
| 5-Year Return | 16.77% |
| 52-Week Low | 17.23 |
| 52-Week High | 19.34 |
| Beta (5Y) | -0.01 |
| Holdings | 1499 |
| Inception Date | May 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.
Performance
GAAVX had a total return of 11.81% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.33%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 1, 2026 | $0.6404 | Jul 2, 2026 |
| Dec 29, 2025 | $0.9953 | Dec 30, 2025 |
| Jul 1, 2025 | $0.6123 | Jul 2, 2025 |
| Dec 27, 2024 | $0.4837 | Dec 30, 2024 |
| Jul 2, 2024 | $0.098 | Jul 3, 2024 |
| Dec 27, 2023 | $0.9532 | Dec 28, 2023 |