GMO Emerging Markets ex-China III (GMAUX)

Fund Assets	83.58M
Expense Ratio	0.81%
Min. Investment	$50,000,000
Turnover	85.00%
Dividend (ttm)	0.72
Dividend Yield	3.68%
Dividend Growth	9.68%
Payout Frequency	Semi-Annual
Ex-Dividend Date	Jul 7, 2026

Previous Close	19.95
YTD Return	50.90%
1-Year Return	70.08%
5-Year Return	n/a
52-Week Low	13.30
52-Week High	22.07
Beta (5Y)	n/a
Holdings	174
Inception Date	Nov 17, 2021

About GMAUX

The GMO Emerging Markets ex-China Fund Class III is a mutual fund focused on capturing investment opportunities across global emerging markets, specifically excluding China. Its primary objective is to deliver total returns that surpass those of the MSCI Emerging Markets ex-China Index by leveraging a blend of proprietary quantitative models and fundamental analysis in its portfolio construction. This fund draws on comprehensive evaluations of market valuation, quality, volatility patterns, and macroeconomic indicators, and also incorporates environmental, social, and governance (ESG) factors into its investment approach. Notably, the fund maintains a distinct value bias, targeting companies that are economically tied to emerging economies outside of China. It is designed to offer investors diversified exposure to regions with high growth potential while avoiding China-specific risks and concentrations. As a result, this fund plays a significant role for market participants seeking to balance their emerging markets allocation, manage geopolitical exposure, or complement broader global equity strategies.

• Fund Family: GMO
• Category: Diversified Emerging Mkts
• Performance Rating: High
• Risk Rating: High
• Stock Exchange: NASDAQ
• Ticker Symbol: GMAUX
• Share Class: Class III
• Index: MSCI EM EX CHINA NR USD

Performance

GMAUX had a total return of 70.08% in the past year, including dividends. Since the fund's inception, the average annual return has been 13.04%.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
GMAQX	Class Vi	0.68%
GMAVX	Class I	1.03%

Top 10 Holdings

45.40% of assets

Name	Symbol	Weight
Taiwan Semiconductor Manufacturing Company Limited	2330	17.22%
Samsung Electronics Co., Ltd.	005930	7.40%
Hyundai Mobis Co.,Ltd	012330	3.60%
Kia Corporation	000270	3.33%
OTP Bank Nyrt.	OTP	2.69%
Evergreen Marine Corporation (Taiwan) Ltd.	2603	2.36%
Vale S.A.	VALE	2.29%
Krung Thai Bank PCL	KTB-R.BK	2.26%
PT Astra International Tbk	ASII	2.15%
Hyundai Glovis Co., Ltd.	086280	2.11%

Dividend History

Ex-Dividend	Amount	Pay Date
Jul 7, 2026	$1.0855	Jul 8, 2026
Dec 23, 2025	$0.4886	Dec 24, 2025
Jul 8, 2025	$0.2211	Jul 9, 2025
Dec 23, 2024	$2.2236	Dec 24, 2024
Jun 12, 2024	$1.2046	Jun 13, 2024
May 9, 2024	$0.3221	May 13, 2024

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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