GMO Opportunistic Income Fund Class VI (GMODX)
| Fund Assets | 1.23B |
| Expense Ratio | 0.48% |
| Min. Investment | $300,000,000 |
| Turnover | 277.00% |
| Dividend (ttm) | 1.23 |
| Dividend Yield | 5.01% |
| Dividend Growth | -4.22% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 24.51 |
| YTD Return | 0.75% |
| 1-Year Return | 6.68% |
| 5-Year Return | 21.46% |
| 52-Week Low | 23.04 |
| 52-Week High | 24.54 |
| Beta (5Y) | 0.03 |
| Holdings | 300 |
| Inception Date | Oct 3, 2011 |
About GMODX
GMO Opportunistic Income Fund Class VI is an actively managed mutual fund focused on generating capital appreciation and current income through **securitized credit** and related fixed-income markets. The strategy concentrates on the structured finance universe—such as asset- and mortgage-backed securities—where the manager seeks mispriced risk created by market segmentation and structural complexity, using a mix of top-down allocation and bottom-up security selection to target attractive risk/return opportunities. The fund is categorized as **Nontraditional Bond**, reflecting its flexible mandate across fixed-income sectors and use of derivatives and Treasury futures to shape interest-rate exposure and risk. It emphasizes diversified exposure within structured products and maintains a relatively **short effective duration** profile, aligning with its limited interest-rate sensitivity. The vehicle targets steady distributions with **monthly payouts**, complemented by a cost structure positioned in the lower fee quintile among peers. Since inception, it has aimed to add value versus securitized benchmarks through opportunistic sub-sector rotation and security selection within a broad, unconstrained framework.
Performance
GMODX had a total return of 6.68% in the past year, including dividends. Since the fund's inception, the average annual return has been 27.24%.
Top 10 Holdings
89.78% of assets| Name | Symbol | Weight |
|---|---|---|
| Contra Derivatives - Swaps | n/a | 27.69% |
| United States Treasury Notes 3.73196% | TF.0 04.30.27 | 12.53% |
| Contra Derivatives - Swaptions | n/a | 9.97% |
| Repo For R 3.80 | n/a | 9.19% |
| Cds: (Itraxx.Eur.42 12-100%) | n/a | 7.74% |
| 2 Year Treasury Note Future Mar 26 | n/a | 6.57% |
| 10 Year Treasury Note Future Mar 26 | n/a | 5.00% |
| Ultra 10 Year US Treasury Note Future Mar 26 | n/a | 4.09% |
| Cds: (Itraxx.Eur.44 12-100%) | n/a | 3.90% |
| Federal National Mortgage Association 6% | FNCL.6 1.12 | 3.10% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.1017 | Feb 2, 2026 |
| Dec 31, 2025 | $0.1027 | Jan 2, 2026 |
| Nov 28, 2025 | $0.1024 | Dec 1, 2025 |
| Oct 31, 2025 | $0.1067 | Nov 3, 2025 |
| Sep 30, 2025 | $0.0988 | Oct 1, 2025 |
| Aug 29, 2025 | $0.0982 | Sep 2, 2025 |