GMO Global Asset Allocation Fund Class III (GMWAX)
| Fund Assets | 409.48M |
| Expense Ratio | 0.69% |
| Min. Investment | $1,000,000 |
| Turnover | 12.00% |
| Dividend (ttm) | 1.61 |
| Dividend Yield | 4.51% |
| Dividend Growth | 2.14% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Jul 10, 2025 |
| Previous Close | 35.27 |
| YTD Return | 11.50% |
| 1-Year Return | 9.28% |
| 5-Year Return | 31.92% |
| 52-Week Low | 30.47 |
| 52-Week High | 35.89 |
| Beta (5Y) | 0.53 |
| Holdings | 10 |
| Inception Date | Oct 22, 1996 |
About GMWAX
The GMO Global Asset Allocation Fund III is a diversified mutual fund designed to deliver a total return exceeding a blended benchmark of 65% MSCI All Country World Index and 35% Bloomberg U.S. Aggregate Index over a full market cycle. This fund employs a dynamic allocation strategy, investing across multiple asset classes including global equities, fixed income, and alternative assets. It is managed by GMO, a firm with a long-standing, valuation-driven approach that emphasizes exploiting asset class mispricings and mean reversion over time. The fund utilizes proprietary long-term forecasts to direct investments into what GMO identifies as the most attractively valued asset classes at any given time. Its portfolio reflects a mix of equity and fixed income holdings, along with allocations to alternative investments such as structured products and emerging market debt. With a moderate risk profile and a contrarian philosophy, the fund is structured to provide both capital appreciation and income for investors seeking global diversification. GMO Global Asset Allocation Fund III plays a significant role for investors looking to balance risk and return through disciplined, research-driven exposure to global markets.
Performance
GMWAX had a total return of 9.28% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.84%.
Top 10 Holdings
14.47% of assets| Name | Symbol | Weight |
|---|---|---|
| United States Treasury Notes 4.46% | TF.0 04.30.27 | 7.60% |
| Us 5yr Note (Cbt) | n/a | 5.46% |
| Contra Derivatives - Options | n/a | 4.75% |
| Ultra 10 Year US Treasury Note Future Sept 25 | n/a | 4.09% |
| 2 Year Treasury Note Future Sept 25 | n/a | 3.28% |
| 10 Year Treasury Note Future Sept 25 | n/a | 2.52% |
| Us Long Bond(Cbt) | n/a | 2.49% |
| Us Ultra Bond Cbt | n/a | 1.86% |
| Federal National Mortgage Association 3% | FNCL.3 7.11 | 1.27% |
| Contra Derivatives - Futures | n/a | -18.84% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 10, 2025 | $0.0455 | Jul 11, 2025 |
| Dec 27, 2024 | $1.5669 | Dec 30, 2024 |
| Jul 11, 2024 | $0.0439 | Jul 12, 2024 |
| Dec 27, 2023 | $1.5347 | Dec 28, 2023 |
| Jul 13, 2023 | $0.2094 | Jul 14, 2023 |
| Dec 28, 2022 | $0.9805 | Dec 29, 2022 |