GMO Global Asset Allocation Fund Class III (GMWAX)
| Fund Assets | 435.50M |
| Expense Ratio | 0.69% |
| Min. Investment | $1,000,000 |
| Turnover | 12.00% |
| Dividend (ttm) | 1.83 |
| Dividend Yield | 4.44% |
| Dividend Growth | 13.66% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Dec 29, 2025 |
| Previous Close | 41.27 |
| YTD Return | 10.41% |
| 1-Year Return | 27.32% |
| 5-Year Return | 36.85% |
| 52-Week Low | 33.85 |
| 52-Week High | 41.76 |
| Beta (5Y) | 0.54 |
| 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 27.32% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.47%.
Top Holdings
27.07% of assets| Name | Symbol | Weight |
|---|---|---|
| Contra Derivatives - Swaps | n/a | 21.28% |
| Us 2yr Note (Cbt) | n/a | 19.33% |
| Us 5yr Note (Cbt) | n/a | 9.46% |
| 10 Year Treasury Note Future June 26 | n/a | 4.38% |
| United States Treasury Notes 3.77% | TF.0 01.31.28 | 3.84% |
| Ultra 10 Year US Treasury Note Future June 26 | n/a | 3.73% |
| Us Long Bond(Cbt) | n/a | 3.38% |
| Us Ultra Bond Cbt | n/a | 2.47% |
| Future on TOPIX | n/a | -2.67% |
| Contra Derivatives - Futures | n/a | -38.12% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| 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 |
| Jul 13, 2023 | $0.2094 | Jul 14, 2023 |