GMO Benchmark-Free Allocation IV (GBMBX)

Fund Assets	2.37B
Expense Ratio	1.30%
Min. Investment	$125,000,000
Turnover	24.00%
Dividend (ttm)	0.07
Dividend Yield	0.20%
Dividend Growth	-94.80%
Payout Frequency	Annual
Ex-Dividend Date	Jul 9, 2026

Previous Close	34.71
YTD Return	14.68%
1-Year Return	22.58%
5-Year Return	62.97%
52-Week Low	29.28
52-Week High	34.71
Beta (5Y)	0.48
Holdings	10
Inception Date	Dec 11, 2012

About GBMBX

GMO Benchmark-Free Allocation Fund Class IV is a multi-asset mutual fund designed to achieve positive total return by dynamically allocating across a wide range of asset classes without adhering to traditional benchmark constraints. The fund's core objective is to deliver annualized returns exceeding the Consumer Price Index by 5% (net of fees) over a full market cycle, with a targeted annualized volatility between 5% and 10%. Its investment approach leverages GMO’s proprietary long-term asset class forecasts, emphasizing valuation-driven decisions to exploit market inefficiencies when asset prices diverge from intrinsic values. The strategy is flexible, allowing for active adjustments in allocation based on where the investment team identifies the most attractive risk-adjusted opportunities, rather than a set asset mix. This enables exposure to both traditional and alternative asset categories. The fund plays a significant role in the market as a tool for investors seeking diversified, outcome-oriented exposure that is not tied to standard benchmarks, potentially helping to mitigate risk and enhance return across market cycles.

• Fund Family: GMO
• Category: Alt Global Macro
• Performance Rating: Average
• Risk Rating: Low
• Stock Exchange: NASDAQ
• Ticker Symbol: GBMBX
• Share Class: Class IV
• Index: Consumer Price Index for All Urban Consumers

Performance

GBMBX had a total return of 22.58% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.91%.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
GBMIX	Class I	1.21%
GBMFX	Class Iii	1.35%
GBMSX	Class R6	1.35%

Top Holdings

28.23% of assets

Name	Symbol	Weight
Us 2yr Note (Cbt)	n/a	20.59%
United States Treasury Notes 3.87%	TF.0 01.31.28	10.97%
Us 5yr Note (Cbt)	n/a	9.74%
10 Year Treasury Note Future Sept 26	n/a	5.97%
Ultra 10 Year US Treasury Note Future Sept 26	n/a	4.45%
Meta Platforms, Inc.	META	4.30%
United States Treasury Notes 3.96%	TF.0 10.31.27	4.11%
United States Treasury Notes 3.93%	TF.0 07.31.27	3.98%
United States Treasury Notes 1.88%	TII.1.875 01.15.36	3.50%
Contra Derivatives - Futures	n/a	-39.38%

Dividend History

Ex-Dividend	Amount	Pay Date
Jul 9, 2026	$0.0693	Jul 10, 2026
Jul 10, 2025	$0.0518	Jul 11, 2025
Dec 23, 2024	$1.2799	Dec 24, 2024
Jul 11, 2024	$0.0554	Jul 12, 2024
Dec 21, 2023	$1.4003	Dec 22, 2023
Jul 13, 2023	$0.0783	Jul 14, 2023

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Aug 27, 2026

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