GMO U.S. Equity Fund Class III (GMUEX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
13.44
-0.62 (-4.41%)
Jul 8, 2025, 4:00 PM EDT
-11.29%
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.

Fund Family GMO
Category Large Value
Stock Exchange NASDAQ
Ticker Symbol GMUEX
Share Class Class III
Index S&P Composite 1500 TR

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%
View More Holdings

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
Full Dividend History