GMO Opportunistic Income I (GMOLX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD

24.13

-0.01 (-0.04%)

At close: Aug 26, 2026

-1.15% (1Y)

Fund Assets	1.26B
Expense Ratio	0.70%
Min. Investment	$300,000,000
Turnover	277.00%
Dividend (ttm)	1.15
Dividend Yield	4.74%
Dividend Growth	-7.56%
Payout Frequency	Monthly
Ex-Dividend Date	Jul 31, 2026

Previous Close	24.14
YTD Return	1.66%
1-Year Return	3.65%
5-Year Return	19.42%
52-Week Low	24.03
52-Week High	24.57
Beta (5Y)	n/a
Holdings	321
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 3.65% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.47%.

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
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
Mar 31, 2026	$0.0953	Apr 1, 2026
Feb 27, 2026	$0.0956	Mar 3, 2026

Full Dividend History