GMO International Opportunistic Val IV (GMAZX)
| Fund Assets | 434.83M |
| Expense Ratio | 0.63% |
| Min. Investment | $125,000,000 |
| Turnover | 49.00% |
| Dividend (ttm) | 1.92 |
| Dividend Yield | 11.86% |
| Dividend Growth | 216.29% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Jun 25, 2025 |
| Previous Close | 16.17 |
| YTD Return | 17.66% |
| 1-Year Return | 13.07% |
| 5-Year Return | n/a |
| 52-Week Low | 13.47 |
| 52-Week High | 16.91 |
| Beta (5Y) | n/a |
| Holdings | 184 |
| Inception Date | Sep 25, 2023 |
About GMAZX
The GMO International Opportunistic Value Fund is a mutual fund focused on generating total return by investing primarily in equities from developed markets outside of the United States. Managed by GMO’s experienced Asset Allocation and Systematic Equity teams, the fund seeks to take advantage of valuation dislocations in international markets, especially targeting the “deep value” segment—the cheapest 20% of stocks—identified through proprietary models rather than relying solely on traditional financial metrics or index definitions. This actively managed fund allocates assets across a broad spectrum of sectors, with notable concentrations in industries such as healthcare, energy, financial services, and basic materials. The fund’s portfolio includes large, well-established global companies like Roche Holding AG, TotalEnergies SE, and HSBC Holdings PLC, reflecting its emphasis on value opportunities within mature markets. The fund is benchmarked against the MSCI World ex-U.S.A. Value Index, underscoring its focus on developed international markets. By concentrating on undervalued equities globally, the GMO International Opportunistic Value Fund plays a significant role for investors seeking diversification outside U.S. borders and exposure to potential value-driven returns in international equities.
Performance
GMAZX had a total return of 13.07% in the past year, including dividends. Since the fund's inception, the average annual return has been 14.50%.
Top 10 Holdings
25.23% of assets| Name | Symbol | Weight |
|---|---|---|
| Roche Holding AG | ROG | 3.57% |
| TotalEnergies SE | TTE | 3.23% |
| The Toronto-Dominion Bank | TD | 3.06% |
| BHP Group Limited | BHP | 2.60% |
| Banco Santander, S.A. | SAN | 2.39% |
| Novartis AG | NVSN.MX | 2.28% |
| HSBC Holdings PLC | HBC2.DE | 2.24% |
| Rio Tinto PLC | n/a | 2.01% |
| BNP Paribas SA | BNP | 1.93% |
| Banco Bilbao Vizcaya Argentaria, S.A. | BBVA | 1.92% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 25, 2025 | $0.7555 | Jun 26, 2025 |
| Dec 13, 2024 | $1.1628 | Dec 16, 2024 |
| Jul 9, 2024 | $0.1963 | Jul 10, 2024 |
| Dec 12, 2023 | $0.4102 | Dec 13, 2023 |