About GUGAX
GMO Multi-Sector Fixed Income Fund Class III is a mutual fund that operates within the intermediate core-plus bond category. Its primary objective is to achieve a total return that exceeds its benchmark, the Bloomberg U.S. Aggregate Bond Index, by seeking alpha across a broad range of fixed income sectors. The fund employs a two-pronged strategy: one component aims to match the benchmark’s return using primarily investment-grade U.S. dollar-denominated bonds, including those issued by the U.S. government, and another seeks to add value through investments that do not necessarily track the benchmark, such as corporate high yield, emerging markets debt, and other non-core segments. The fund is actively managed by a team with extensive experience in fixed income markets, offering holdings diversification and flexibility around duration, ratings, and maturity exposures. Launched in 1997, the fund plays a significant role for investors seeking diversified exposure across fixed income markets with an emphasis on enhancing returns relative to broad market fixed income benchmarks.
Fund Family GMO Trust Class III
Category Intermediate Core-Plus Bond
Performance Rating Below Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol GUGAX
Share Class Class III
Index Bloomberg U.S. Aggregate Bond TR
GUGAX had a total return of 5.20% in the past year, including dividends. Since the fund's
inception, the average annual return has been 0.55%.
