GMO U.S. Equity Fund Class III (GMUEX)
| Fund Assets | 188.97M |
| Expense Ratio | 0.48% |
| Min. Investment | $1,000,000 |
| Turnover | 89.00% |
| Dividend (ttm) | 2.32 |
| Dividend Yield | 17.16% |
| Dividend Growth | 47.60% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Jul 8, 2025 |
| Previous Close | 14.06 |
| YTD Return | 0.45% |
| 1-Year Return | -3.35% |
| 5-Year Return | 89.38% |
| 52-Week Low | 11.12 |
| 52-Week High | 15.18 |
| Beta (5Y) | 0.88 |
| Holdings | 10 |
| Inception Date | Sep 18, 1985 |
About GMUEX
GMO U.S. Equity Fund Class III is a mutual fund focused on generating a high total return by investing primarily in U.S. equities. Managed by the Systematic Equity team at GMO, the fund combines a multi-factor valuation model with other strategies, such as momentum analysis and corporate alerts, to identify undervalued companies. Its approach is grounded in the belief that short-term inefficiencies in the equity market—caused by irrational investor behavior and imperfect information—can be exploited, while long-term performance is ultimately governed by economic fundamentals. The fund measures its performance against broad benchmarks like the S&P Composite 1500 Index. It follows a large value investment style, with notable concentrations in technology, consumer cyclical, and communication services sectors. Top holdings often include leading companies such as Apple, Microsoft, Meta Platforms, and Amazon.com. GMO U.S. Equity Fund Class III is designed for institutional investors, featuring a low expense ratio and a high level of portfolio turnover. Its disciplined process and consistent management have contributed to a competitive risk-adjusted return profile within its category.
Performance
GMUEX had a total return of -3.35% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.60%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| GMCQX | Class Vi | 0.39% |
| GMEQX | Class V | 0.42% |
| GMRTX | Class Iv | 0.43% |
Top 10 Holdings
37.88% of assets| Name | Symbol | Weight |
|---|---|---|
| Apple Inc. | AAPL | 6.49% |
| Amazon.com, Inc. | AMZN | 5.20% |
| Meta Platforms, Inc. | META | 4.59% |
| NVIDIA Corporation | NVDA | 4.13% |
| Microsoft Corporation | MSFT | 4.00% |
| Alphabet Inc. | GOOGL | 3.17% |
| Cisco Systems, Inc. | CSCO | 2.97% |
| International Business Machines Corporation | IBM | 2.93% |
| Alphabet Inc. | GOOG | 2.30% |
| Intel Corporation | INTC | 2.08% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 6, 2024 | $1.2476 | Dec 9, 2024 |
| Jul 9, 2024 | $1.0692 | Jul 10, 2024 |
| Dec 7, 2023 | $0.8257 | Dec 8, 2023 |
| Jul 11, 2023 | $0.7439 | Jul 12, 2023 |
| Dec 8, 2022 | $0.176 | Dec 8, 2022 |
| Jul 12, 2022 | $0.6908 | Jul 13, 2022 |