GMO Global Asset Allocation III (GMWAX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD

42.83

+0.21 (0.49%)

At close: Oct 15, 2026

Fund Assets	657.48M
Expense Ratio	0.881%
Min. Investment	$1,000,000
Turnover	12.00%
Dividend (ttm)	1.87
Dividend Yield	4.36%
Dividend Growth	15.77%
Payout Frequency	Semi-Annual
Ex-Dividend Date	Jul 9, 2026

Previous Close	42.62
YTD Return	13.72%
1-Year Return	20.85%
5-Year Return	44.27%
52-Week Low	37.15
52-Week High	43.48
Beta (5Y)	0.55
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.

Fund Family GMO

Category Flexible Portfolio

Performance Rating Average

Risk Rating Below Average

Stock Exchange Nasdaq

Ticker Symbol GMWAX

Share Class Class III

Index MSCI AC World NR USD

Performance

GMWAX had a total return of 20.85% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.52%.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
GMWRX	Class R6	0.84%
GMOOX	Class I	0.95%

Top Holdings

-3.66% of assets

Name	Symbol	Weight
Us 2yr Note (Cbt)	n/a	17.63%
Us 5yr Note (Cbt)	n/a	9.12%
10 Year Treasury Note Future Sept 26	n/a	4.36%
United States Treasury Notes 3.87%	TF.0 01.31.28	3.70%
Ultra 10 Year US Treasury Note Future Sept 26	n/a	3.61%
Us Long Bond(Cbt)	n/a	3.30%
Us Ultra Bond Cbt	n/a	2.48%
Contra Derivatives - Options	n/a	-2.19%
Contra Derivatives - Swaps	n/a	-6.59%
Contra Derivatives - Futures	n/a	-39.08%

View More Holdings

Dividend History

Ex-Dividend	Amount	Pay Date
Jul 9, 2026	$0.0812	Jul 10, 2026
Dec 29, 2025	$1.7854	Dec 30, 2025
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

Full Dividend History