GMO Emerging Domestic Opportunities III
Name
As of 01/22/2021Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
7.5%
1 yr return
18.3%
3 Yr Avg Return
4.0%
5 Yr Avg Return
10.0%
Net Assets
$1.04 B
Holdings in Top 10
49.3%
52 WEEK LOW AND HIGH
$29.1
$16.72
$29.15
Expenses
OPERATING FEES
Expense Ratio 0.98%
SALES FEES
Front Load 0.40%
Deferred Load N/A
TRADING FEES
Turnover 186.00%
Redemption Fee 0.40%
Min Investment
Standard (Taxable)
$50,000,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 01/22/2021Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
GEDSX - Profile
Distributions
- YTD Total Return 7.5%
- 3 Yr Annualized Total Return 3.7%
- 5 Yr Annualized Total Return 9.8%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.94%
- Dividend Yield 0.5%
- Dividend Distribution Frequency Semi-Annually
Fund Details
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Legal NameGMO Emerging Domestic Opportunities Fund
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Fund Family NameGMO
-
Inception DateJun 29, 2012
-
Shares OutstandingN/A
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Share ClassC
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CurrencyUSD
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Domiciled CountryUnited States
Fund Description
GMO seeks to achieve the Fund’s investment objective by investing under normal circumstances at least 80% of the Fund’s assets directly and indirectly (e.g., through underlying funds or derivatives) in companies tied economically to markets that are not treated as “developed markets” in the MSCI World Index (“emerging markets”) (see “Name Policies”). The Fund primarily invests in companies whose prospects are linked to the internal (“domestic”) development and growth of the world’s emerging markets, including companies that provide goods and services to emerging market consumers.
The Fund’s investments are not limited to investments in companies located in any particular country or geographic region and often include investments in companies located in developed markets (e.g., the United States) when those companies are tied economically to emerging markets.
GMO’s investment process begins with country and sector allocation and then uses fundamental analytical techniques to select individual companies. In evaluating and selecting investments, GMO considers a number of factors, including, among others, GMO’s assessment of an investment’s fundamentals, growth prospects, and positioning relative to its competitors. GMO may also consider ESG (environmental, social and governance) criteria. In constructing the Fund’s portfolio, GMO considers a number of factors, including the trade-off among forecasted returns, risk, transaction costs, and liquidity. The Fund may invest in securities of companies of any market capitalization. At times, the Fund may have substantial exposure to a single asset class, industry, sector, country, region, issuer, or currency or companies with similar market capitalizations. The factors GMO considers and investment methods GMO uses can change over time.
As an alternative to investing directly in equities and fixed income securities, the Fund may invest in exchange-traded and over-the-counter (OTC) derivatives and exchange-traded funds (ETFs). The Fund also may invest in derivatives and ETFs in an attempt to obtain or adjust elements of its long or short investment exposure and as a substitute for securities lending. At any given time the Fund may have material exposure to ETFs. Derivatives used may include options, futures, forward currency contracts, swap contracts, and reverse repurchase agreements. The Fund’s foreign currency exposure may differ from the currency exposure represented by its equity investments. In addition, the Fund may lend its portfolio securities.
The Fund also may invest in fixed income securities of any maturity or credit quality (including below investment grade securities (commonly referred to as “high yield” or “junk bonds”)). The Fund also may invest in U.S. Treasury Fund, in money market funds unaffiliated with GMO, and directly in the types of investments typically held by money market funds.
GEDSX - Performance
Return Ranking - Trailing
Period | GEDSX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 7.5% | -19.4% | 25.1% | 27.15% |
1 Yr | 18.3% | 1.3% | 55.8% | 78.38% |
3 Yr | 4.0%* | -4.0% | 31.9% | 94.04% |
5 Yr | 10.0%* | -2.5% | 22.9% | 53.42% |
10 Yr | N/A* | -1.9% | 10.1% | N/A |
* Annualized
Return Ranking - Calendar
Period | GEDSX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 17.6% | -22.1% | 480.0% | 44.31% |
2022 | 14.0% | -26.9% | 42.0% | 79.12% |
2021 | -29.5% | -58.5% | 34.6% | 98.66% |
2020 | 35.7% | -33.4% | 66.6% | 40.95% |
2019 | 0.9% | -11.5% | 241.3% | 89.45% |
Total Return Ranking - Trailing
Period | GEDSX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 7.5% | -22.1% | 25.1% | 26.41% |
1 Yr | 17.4% | -3.5% | 55.8% | 78.81% |
3 Yr | 3.7%* | -4.0% | 31.9% | 92.65% |
5 Yr | 9.8%* | -2.5% | 22.9% | 52.88% |
10 Yr | N/A* | -1.9% | 10.1% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | GEDSX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 17.6% | -22.1% | 480.0% | 44.31% |
2022 | 14.0% | -14.7% | 42.0% | 79.26% |
2021 | -20.2% | -31.2% | 36.2% | 72.99% |
2020 | 37.6% | -24.0% | 66.6% | 41.27% |
2019 | 4.1% | -10.0% | 249.6% | 73.88% |
NAV & Total Return History
GEDSX - Holdings
Concentration Analysis
GEDSX | Category Low | Category High | GEDSX % Rank | |
---|---|---|---|---|
Net Assets | 1.04 B | 864 K | 110 B | 37.67% |
Number of Holdings | 137 | 10 | 5980 | 38.97% |
Net Assets in Top 10 | 416 M | 3.68 K | 26.7 B | 34.98% |
Weighting of Top 10 | 49.31% | 2.7% | 69.5% | 8.26% |
Top 10 Holdings
- Tencent Holdings Ltd 8.53%
- Tencent Holdings Ltd 8.53%
- Tencent Holdings Ltd 8.53%
- Tencent Holdings Ltd 8.53%
- Tencent Holdings Ltd 8.53%
- Tencent Holdings Ltd 8.53%
- Tencent Holdings Ltd 8.53%
- Tencent Holdings Ltd 8.53%
- Tencent Holdings Ltd 8.53%
- Tencent Holdings Ltd 8.53%
Asset Allocation
Weighting | Return Low | Return High | GEDSX % Rank | |
---|---|---|---|---|
Stocks | 92.60% | 0.90% | 102.19% | 91.25% |
Other | 4.25% | -0.95% | 7.48% | 1.88% |
Bonds | 1.73% | -0.20% | 47.48% | 5.25% |
Cash | 1.42% | -43.47% | 12.44% | 57.04% |
Preferred Stocks | 0.00% | 0.00% | 2.99% | 20.19% |
Convertible Bonds | 0.00% | 0.00% | 8.53% | 2.58% |
Stock Sector Breakdown
Weighting | Return Low | Return High | GEDSX % Rank | |
---|---|---|---|---|
Technology | 24.05% | 0.00% | 44.60% | 39.98% |
Consumer Cyclical | 21.84% | 0.00% | 43.07% | 10.85% |
Communication Services | 18.78% | 0.00% | 48.99% | 6.49% |
Consumer Defense | 10.78% | 0.00% | 26.78% | 12.62% |
Financial Services | 10.70% | 0.00% | 44.76% | 91.63% |
Energy | 3.62% | 0.00% | 26.14% | 52.48% |
Industrials | 3.60% | 0.00% | 40.57% | 73.35% |
Basic Materials | 3.36% | 0.00% | 31.15% | 78.66% |
Healthcare | 2.44% | 0.00% | 98.58% | 75.71% |
Real Estate | 0.55% | 0.00% | 16.50% | 76.06% |
Utilities | 0.28% | 0.00% | 39.94% | 65.21% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | GEDSX % Rank | |
---|---|---|---|---|
Non US | 89.99% | 0.00% | 102.19% | 91.20% |
US | 2.61% | -0.11% | 100.01% | 22.18% |
Bond Sector Breakdown
Weighting | Return Low | Return High | GEDSX % Rank | |
---|---|---|---|---|
Derivative | 75.53% | 0.00% | 100.00% | 1.11% |
Cash & Equivalents | 13.69% | 0.00% | 100.00% | 96.07% |
Government | 10.74% | 0.00% | 99.83% | 6.27% |
Corporate | 0.04% | 0.00% | 100.00% | 38.08% |
Securitized | 0.00% | 0.00% | 4.73% | 1.35% |
Municipal | 0.00% | 0.00% | 0.16% | 0.61% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | GEDSX % Rank | |
---|---|---|---|---|
US | 1.73% | -2.08% | 42.02% | 1.06% |
Non US | 0.00% | 0.00% | 47.48% | 12.91% |
GEDSX - Expenses
Operational Fees
GEDSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.98% | 0.01% | 2.88% | 69.20% |
Management Fee | 0.90% | 0.00% | 2.00% | 47.65% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.85% | N/A |
Sales Fees
GEDSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | 0.40% | 0.00% | 5.75% | 77.21% |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
GEDSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | 0.40% | 0.40% | 2.00% | 96.97% |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
GEDSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 186.00% | 3.00% | 331.00% | 98.35% |
GEDSX - Distributions
Dividend Yield Analysis
GEDSX | Category Low | Category High | GEDSX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.54% | 0.00% | 3.05% | 7.89% |
Dividend Distribution Analysis
GEDSX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Semi-Annually | Annually | Semi-Annually | Annually |
Net Income Ratio Analysis
GEDSX | Category Low | Category High | GEDSX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.94% | -1.97% | 5.62% | 16.44% |
Capital Gain Distribution Analysis
GEDSX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 21, 2018 | $0.184 | |
Dec 22, 2017 | $0.367 | |
Jul 10, 2017 | $0.004 | |
Dec 23, 2016 | $0.562 | |
Jul 08, 2016 | $0.098 | |
Dec 24, 2015 | $0.196 | |
Jul 09, 2015 | $0.194 | |
Dec 24, 2014 | $0.219 |