GMO Asset Allocation Bond Fund
Name
As of 11/20/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-9.2%
1 yr return
1.7%
3 Yr Avg Return
-5.6%
5 Yr Avg Return
-1.1%
Net Assets
$40.2 M
Holdings in Top 10
100.8%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.74%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 209.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$300,000,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 11/20/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
GABFX - Profile
Distributions
- YTD Total Return -9.2%
- 3 Yr Annualized Total Return -5.6%
- 5 Yr Annualized Total Return -1.1%
- Capital Gain Distribution Frequency Semi-Annually
- Net Income Ratio 1.60%
- Dividend Yield 1.8%
- Dividend Distribution Frequency SemiAnnual
Fund Details
-
Legal NameGMO Asset Allocation Bond Fund
-
Fund Family NameGMO Mutual Funds
-
Inception DateMar 18, 2009
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerBen Inker
Fund Description
GABFX - Performance
Return Ranking - Trailing
Period | GABFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -9.2% | -10.3% | 17.0% | 99.85% |
1 Yr | 1.7% | -8.0% | 21.1% | 98.61% |
3 Yr | -5.6%* | -16.7% | 16.3% | 96.84% |
5 Yr | -1.1%* | -14.4% | 14.1% | 92.63% |
10 Yr | -0.1%* | -7.0% | 6.8% | 95.05% |
* Annualized
Return Ranking - Calendar
Period | GABFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 2.9% | -12.0% | 8.9% | 47.46% |
2022 | -15.4% | -31.8% | 18.4% | 71.88% |
2021 | -0.5% | -16.2% | 25.7% | 29.41% |
2020 | 9.9% | -31.1% | 18.7% | 0.89% |
2019 | 3.1% | -6.1% | 15.3% | 72.17% |
Total Return Ranking - Trailing
Period | GABFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -9.2% | -10.3% | 17.0% | 99.85% |
1 Yr | 1.7% | -8.0% | 21.1% | 98.61% |
3 Yr | -5.6%* | -16.7% | 16.3% | 96.84% |
5 Yr | -1.1%* | -14.4% | 14.1% | 92.63% |
10 Yr | -0.1%* | -7.0% | 6.8% | 95.05% |
* Annualized
Total Return Ranking - Calendar
Period | GABFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 8.4% | -6.9% | 22.2% | 42.53% |
2022 | -14.9% | -31.8% | 21.1% | 94.94% |
2021 | 1.3% | -13.5% | 49.9% | 62.75% |
2020 | 11.3% | -28.6% | 24.1% | 5.51% |
2019 | 8.0% | -4.8% | 19.1% | 57.77% |
NAV & Total Return History
GABFX - Holdings
Concentration Analysis
GABFX | Category Low | Category High | GABFX % Rank | |
---|---|---|---|---|
Net Assets | 40.2 M | 2.63 M | 143 B | 95.08% |
Number of Holdings | 12 | 4 | 9195 | 94.56% |
Net Assets in Top 10 | 44.4 M | -204 M | 80.4 B | 78.07% |
Weighting of Top 10 | 100.77% | 5.8% | 265.8% | 2.82% |
Top 10 Holdings
- NOMURA REPO 77.13%
- U.S. Treasury Floating Rate Notes 15.66%
- Japan Treasury Discount Bill 4.19%
- State Street Institutional Treasury Money Market Fund 4.16%
- SWAP/CDSWAP/ICE: (CDX.EM.41.V1) 0.73%
- US 2YR NOTE (CBT) DEC24 -0.02%
- US 10YR NOTE (CBT)DEC24 -0.13%
- PURCHASED USD / SOLD JPY -0.25%
- US 5YR NOTE (CBT) DEC24 -0.27%
- US ULTRA BOND CBT DEC24 -0.43%
Asset Allocation
Weighting | Return Low | Return High | GABFX % Rank | |
---|---|---|---|---|
Other | 75.74% | -73.61% | 147.15% | 2.64% |
Bonds | 15.66% | 0.00% | 199.60% | 90.36% |
Cash | 8.61% | -94.66% | 99.97% | 22.71% |
Stocks | 0.00% | -6.18% | 99.66% | 86.94% |
Preferred Stocks | 0.00% | 0.00% | 26.42% | 71.38% |
Convertible Bonds | 0.00% | 0.00% | 33.50% | 92.49% |
Bond Sector Breakdown
Weighting | Return Low | Return High | GABFX % Rank | |
---|---|---|---|---|
Government | 99.43% | 0.00% | 99.43% | 0.16% |
Cash & Equivalents | 8.35% | 0.00% | 94.89% | 21.22% |
Securitized | 0.00% | 0.00% | 99.65% | 95.83% |
Corporate | 0.00% | 0.00% | 96.66% | 97.75% |
Municipal | 0.00% | 0.00% | 54.26% | 70.30% |
Derivative | -1.39% | -73.61% | 147.15% | 97.97% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | GABFX % Rank | |
---|---|---|---|---|
US | 15.66% | 0.00% | 199.60% | 88.18% |
Non US | 0.00% | 0.00% | 74.14% | 84.14% |
GABFX - Expenses
Operational Fees
GABFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.74% | 0.03% | 20.67% | 80.00% |
Management Fee | 0.31% | 0.00% | 2.29% | 3.70% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.00% | 0.70% | N/A |
Sales Fees
GABFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 1.50% | N/A |
Trading Fees
GABFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.50% | 2.00% | N/A |
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.
GABFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 209.00% | 0.00% | 632.00% | 90.60% |
GABFX - Distributions
Dividend Yield Analysis
GABFX | Category Low | Category High | GABFX % Rank | |
---|---|---|---|---|
Dividend Yield | 1.82% | 0.00% | 23.30% | 33.74% |
Dividend Distribution Analysis
GABFX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | SemiAnnual | SemiAnnual | Monthly | Monthly |
Net Income Ratio Analysis
GABFX | Category Low | Category High | GABFX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.60% | -1.55% | 11.51% | 85.15% |
Capital Gain Distribution Analysis
GABFX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Semi-Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 18, 2023 | $0.603 | OrdinaryDividend |
Jul 06, 2023 | $0.453 | OrdinaryDividend |
Jul 06, 2022 | $0.146 | OrdinaryDividend |
Dec 17, 2021 | $0.436 | OrdinaryDividend |
Dec 17, 2020 | $0.239 | OrdinaryDividend |
Jul 01, 2020 | $0.053 | OrdinaryDividend |
Dec 19, 2019 | $0.546 | OrdinaryDividend |
Jul 09, 2019 | $0.493 | OrdinaryDividend |
Dec 18, 2018 | $0.914 | OrdinaryDividend |
Jun 14, 2018 | $0.182 | ExtraDividend |
Dec 18, 2017 | $0.240 | OrdinaryDividend |
Jul 07, 2015 | $1.637 | OrdinaryDividend |
Dec 22, 2014 | $0.686 | OrdinaryDividend |
Dec 22, 2014 | $0.392 | CapitalGainShortTerm |
Dec 22, 2014 | $0.011 | CapitalGainLongTerm |
Jul 09, 2014 | $0.012 | OrdinaryDividend |
Dec 19, 2013 | $0.051 | OrdinaryDividend |
May 24, 2012 | $0.012 | OrdinaryDividend |
May 24, 2012 | $0.263 | CapitalGainShortTerm |
Dec 23, 2011 | $0.082 | OrdinaryDividend |
Sep 21, 2011 | $0.266 | ExtraDividend |
Aug 09, 2011 | $0.152 | ExtraDividend |
Jun 10, 2011 | $0.028 | OrdinaryDividend |
Jun 10, 2011 | $0.748 | CapitalGainShortTerm |
Jun 10, 2011 | $0.251 | CapitalGainLongTerm |
Dec 23, 2010 | $0.322 | OrdinaryDividend |
Dec 23, 2010 | $1.660 | CapitalGainShortTerm |
Jun 10, 2010 | $0.203 | OrdinaryDividend |
Jun 10, 2010 | $0.087 | CapitalGainShortTerm |
Jun 10, 2010 | $0.024 | CapitalGainLongTerm |
Dec 23, 2009 | $0.628 | OrdinaryDividend |
Dec 23, 2009 | $0.128 | CapitalGainShortTerm |
Dec 23, 2009 | $0.067 | CapitalGainLongTerm |
GABFX - Fund Manager Analysis
Managers
Ben Inker
Start Date
Tenure
Tenure Rank
Nov 03, 2014
7.58
7.6%
Mr. Inker, Co-Heads of the Division, is the director of asset allocation. Mr. Inker has been responsible for overseeing the portfolio management of GMO's asset allocation portfolios since 1996. Mr. Inker joined Grantham, Mayo, Van Otterloo & Co. LLC in 1992 following the completion of his B.A. in Economics from Yale University. He is a CFA charterholder.
John Thorndike
Start Date
Tenure
Tenure Rank
Jun 30, 2019
2.92
2.9%
John Thorndike joined TAS in 2004. Prior to joining TAS, Mr. Thorndike was an analyst in the investment office of Bowdoin College.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 28.19 | 5.71 | 3.19 |