GMO Opportunistic Income I (GMOLX)

Fund Assets	1.27B
Expense Ratio	0.711%
Min. Investment	$300,000,000
Turnover	277.00%
Dividend (ttm)	1.14
Dividend Yield	4.79%
Dividend Growth	-3.57%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 30, 2026

Previous Close	23.82
YTD Return	1.09%
1-Year Return	1.95%
5-Year Return	18.57%
52-Week Low	23.74
52-Week High	24.57
Beta (5Y)	n/a
Holdings	320
Inception Date	Nov 5, 2019

About GMOLX

GMO Opportunistic Income Fund Class I is a nontraditional bond mutual fund designed to deliver capital appreciation and current income through a flexible, opportunistic approach to fixed income markets. The strategy primarily targets securitized credit—such as asset-backed and mortgage-related securities—while retaining the latitude to invest across a wide range of debt instruments and utilize derivatives for risk management and positioning. The portfolio exhibits medium credit quality with limited interest rate sensitivity, reflecting an emphasis on shorter effective duration and diversified structured exposures. Managed by GMO’s Structured Products team, the fund blends top‑down allocation with bottom‑up security selection to identify attractively priced segments within the complex and fragmented structured finance marketplace. This unconstrained framework seeks to exploit market inefficiencies across sub-sectors, supported by active use of instruments like swaps, swaptions, repos, Treasury futures, and credit indices within a risk-controlled process. The fund distributes income monthly and is positioned within Morningstar’s Nontraditional Bond category, with an institutional share class profile and a below‑average distribution fee level.

• Fund Family: GMO
• Category: Alt Credit Focus
• Performance Rating: Above Average
• Risk Rating: Below Average
• Stock Exchange: Nasdaq
• Ticker Symbol: GMOLX
• Share Class: Class I
• Index: Index is not available on Lipper Database

Performance

GMOLX had a total return of 1.95% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.31%.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
GMODX	Class Vi	0.49%
GAAAX	Class R6	0.58%
GMOHX	Class Iii	0.58%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 30, 2026	$0.092	Oct 1, 2026
Aug 31, 2026	$0.0933	Sep 1, 2026
Jul 31, 2026	$0.0935	Aug 3, 2026
Jun 30, 2026	$0.0923	Jul 1, 2026
May 29, 2026	$0.0938	Jun 1, 2026
Apr 30, 2026	$0.0942	May 1, 2026

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:

Oct 16, 2026

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