GMO Strategic Opportunities Allocation Fund
Name
As of 11/01/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
6.8%
1 yr return
15.6%
3 Yr Avg Return
3.9%
5 Yr Avg Return
6.1%
Net Assets
$218 M
Holdings in Top 10
78.7%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.94%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 95.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$5,000,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 11/01/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
GBATX - Profile
Distributions
- YTD Total Return 6.8%
- 3 Yr Annualized Total Return 3.9%
- 5 Yr Annualized Total Return 6.1%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 2.71%
- Dividend Yield 1.1%
- Dividend Distribution Frequency SemiAnnual
Fund Details
-
Legal NameGMO Strategic Opportunities Allocation Fund
-
Fund Family NameGMO Mutual Funds
-
Inception DateMay 31, 2005
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerBen Inker
Fund Description
GBATX - Performance
Return Ranking - Trailing
Period | GBATX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 6.8% | -23.7% | 16.4% | 47.42% |
1 Yr | 15.6% | -8.9% | 48.3% | 88.63% |
3 Yr | 3.9%* | -2.2% | 16.4% | 62.36% |
5 Yr | 6.1%* | -0.7% | 13.4% | 60.98% |
10 Yr | 5.4%* | 0.9% | 11.8% | 36.77% |
* Annualized
Return Ranking - Calendar
Period | GBATX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 10.6% | -40.8% | 20.6% | 97.34% |
2022 | -19.5% | -21.0% | 24.5% | 66.29% |
2021 | -9.8% | -24.2% | 27.8% | 38.32% |
2020 | 0.3% | -23.1% | 11.7% | 90.05% |
2019 | 13.6% | -100.0% | 20.6% | 7.63% |
Total Return Ranking - Trailing
Period | GBATX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 6.8% | -23.7% | 16.4% | 46.35% |
1 Yr | 15.6% | -12.8% | 48.3% | 81.78% |
3 Yr | 3.9%* | -3.4% | 16.4% | 57.21% |
5 Yr | 6.1%* | -1.1% | 13.4% | 55.84% |
10 Yr | 5.4%* | 0.9% | 11.8% | 35.08% |
* Annualized
Total Return Ranking - Calendar
Period | GBATX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 17.3% | -40.8% | 20.6% | 97.34% |
2022 | -11.2% | -21.0% | 24.5% | 66.29% |
2021 | 11.2% | -24.2% | 27.8% | 38.32% |
2020 | 4.8% | -23.1% | 11.7% | 46.40% |
2019 | 19.6% | -2.9% | 23.1% | 6.54% |
NAV & Total Return History
GBATX - Holdings
Concentration Analysis
GBATX | Category Low | Category High | GBATX % Rank | |
---|---|---|---|---|
Net Assets | 218 M | 1.12 M | 110 B | 65.01% |
Number of Holdings | 440 | 2 | 10961 | 18.16% |
Net Assets in Top 10 | 160 M | -31.7 M | 22 B | 49.90% |
Weighting of Top 10 | 78.71% | 10.8% | 100.0% | 26.16% |
Top 10 Holdings
- GMO International Equity Fund 18.16%
- NOMURA REPO 11.81%
- GMO US Opportunistic Value Fund 8.57%
- GMO International Opportunistic Value Fund 8.46%
- GMO-Usonian Japan Value Creation Fund 7.27%
- GMO Asset Allocation Bond Fund 6.21%
- GMO Emerging Markets Fund 5.75%
- GMO US Equity Fund 4.87%
- GMO Emerging Country Debt 3.82%
- GMO Quality Fund 3.80%
Asset Allocation
Weighting | Return Low | Return High | GBATX % Rank | |
---|---|---|---|---|
Stocks | 86.51% | -45.72% | 98.42% | 41.54% |
Other | 11.80% | -1.25% | 197.12% | 15.66% |
Cash | 0.76% | -97.12% | 185.58% | 12.11% |
Bonds | 0.71% | -39.76% | 93.84% | 85.59% |
Preferred Stocks | 0.22% | -0.03% | 14.00% | 34.66% |
Convertible Bonds | 0.00% | 0.00% | 25.49% | 91.02% |
Stock Sector Breakdown
Weighting | Return Low | Return High | GBATX % Rank | |
---|---|---|---|---|
Financial Services | 18.71% | 0.00% | 30.34% | 15.92% |
Consumer Cyclical | 15.63% | 0.00% | 20.84% | 4.46% |
Technology | 14.08% | 0.00% | 39.48% | 59.45% |
Industrials | 13.73% | 0.09% | 32.39% | 11.89% |
Healthcare | 8.85% | 0.00% | 30.30% | 66.67% |
Basic Materials | 8.40% | 0.00% | 60.23% | 21.02% |
Communication Services | 7.14% | 0.00% | 28.59% | 51.80% |
Consumer Defense | 6.91% | 0.00% | 31.85% | 39.49% |
Real Estate | 3.01% | 0.00% | 90.14% | 62.63% |
Energy | 2.26% | 0.00% | 38.61% | 94.06% |
Utilities | 1.28% | 0.00% | 40.29% | 84.29% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | GBATX % Rank | |
---|---|---|---|---|
US | 83.25% | -4.82% | 95.75% | 86.85% |
Non US | 3.26% | -46.69% | 57.06% | 4.38% |
Bond Sector Breakdown
Weighting | Return Low | Return High | GBATX % Rank | |
---|---|---|---|---|
Government | 24.28% | 0.00% | 98.64% | 55.95% |
Securitized | 5.51% | 0.00% | 83.28% | 46.35% |
Corporate | 2.79% | 0.00% | 99.90% | 81.21% |
Cash & Equivalents | 0.75% | 0.10% | 100.00% | 10.23% |
Municipal | 0.00% | 0.00% | 31.28% | 74.74% |
Derivative | -0.02% | 0.00% | 41.88% | 24.01% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | GBATX % Rank | |
---|---|---|---|---|
US | 0.71% | -177.12% | 87.76% | 82.67% |
Non US | 0.00% | -39.00% | 137.36% | 66.81% |
GBATX - Expenses
Operational Fees
GBATX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.94% | 0.16% | 2.71% | 94.99% |
Management Fee | 0.00% | 0.00% | 1.70% | 1.28% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.70% | N/A |
Sales Fees
GBATX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.00% | 5.75% | 100.00% |
Deferred Load | N/A | 1.00% | 5.50% | N/A |
Trading Fees
GBATX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 2.00% | 2.00% | 100.00% |
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.
GBATX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 95.00% | 0.00% | 441.00% | 67.46% |
GBATX - Distributions
Dividend Yield Analysis
GBATX | Category Low | Category High | GBATX % Rank | |
---|---|---|---|---|
Dividend Yield | 1.07% | 0.00% | 10.92% | 72.56% |
Dividend Distribution Analysis
GBATX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | SemiAnnual | Annually | Monthly | Monthly |
Net Income Ratio Analysis
GBATX | Category Low | Category High | GBATX % Rank | |
---|---|---|---|---|
Net Income Ratio | 2.71% | -5.20% | 6.33% | 16.99% |
Capital Gain Distribution Analysis
GBATX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 27, 2023 | $0.917 | OrdinaryDividend |
Jul 13, 2023 | $0.083 | OrdinaryDividend |
Dec 28, 2022 | $0.870 | OrdinaryDividend |
Jul 14, 2022 | $0.640 | OrdinaryDividend |
Dec 29, 2021 | $0.589 | OrdinaryDividend |
Dec 29, 2021 | $0.369 | CapitalGainShortTerm |
Dec 29, 2021 | $1.871 | CapitalGainLongTerm |
Oct 29, 2021 | $0.578 | OrdinaryDividend |
Oct 29, 2021 | $0.851 | CapitalGainShortTerm |
Jul 13, 2021 | $0.002 | CapitalGainLongTerm |
Mar 31, 2021 | $0.052 | OrdinaryDividend |
Dec 28, 2020 | $0.653 | OrdinaryDividend |
Jul 09, 2020 | $0.232 | OrdinaryDividend |
Dec 27, 2019 | $0.756 | OrdinaryDividend |
Jul 16, 2019 | $0.011 | OrdinaryDividend |
Jul 16, 2019 | $0.296 | CapitalGainLongTerm |
Dec 26, 2018 | $0.609 | OrdinaryDividend |
Dec 26, 2018 | $0.242 | CapitalGainLongTerm |
Jul 12, 2018 | $0.060 | OrdinaryDividend |
Jul 12, 2018 | $0.013 | CapitalGainShortTerm |
Jul 12, 2018 | $0.847 | CapitalGainLongTerm |
Dec 26, 2017 | $0.582 | OrdinaryDividend |
Dec 26, 2017 | $0.022 | CapitalGainShortTerm |
Jul 12, 2017 | $0.048 | OrdinaryDividend |
Dec 27, 2016 | $0.472 | OrdinaryDividend |
Jul 13, 2016 | $0.054 | OrdinaryDividend |
Jul 13, 2016 | $0.011 | CapitalGainLongTerm |
Dec 28, 2015 | $0.749 | OrdinaryDividend |
Jul 13, 2015 | $0.056 | OrdinaryDividend |
Jul 13, 2015 | $0.008 | CapitalGainShortTerm |
Jul 13, 2015 | $0.937 | CapitalGainLongTerm |
Dec 29, 2014 | $0.789 | OrdinaryDividend |
Dec 29, 2014 | $0.479 | CapitalGainLongTerm |
Jul 08, 2014 | $0.086 | OrdinaryDividend |
Jul 08, 2014 | $1.389 | CapitalGainLongTerm |
Dec 27, 2013 | $0.772 | OrdinaryDividend |
Dec 27, 2013 | $0.059 | CapitalGainShortTerm |
Dec 27, 2013 | $0.556 | CapitalGainLongTerm |
Jul 08, 2013 | $0.005 | OrdinaryDividend |
Jul 08, 2013 | $0.288 | CapitalGainLongTerm |
Dec 27, 2012 | $0.747 | OrdinaryDividend |
Dec 27, 2012 | $1.261 | CapitalGainLongTerm |
Dec 29, 2011 | $0.513 | OrdinaryDividend |
Dec 30, 2010 | $0.346 | OrdinaryDividend |
Jul 08, 2010 | $0.002 | OrdinaryDividend |
Dec 30, 2009 | $0.527 | OrdinaryDividend |
Jul 07, 2009 | $0.106 | OrdinaryDividend |
Dec 30, 2008 | $1.446 | OrdinaryDividend |
Dec 30, 2008 | $0.305 | CapitalGainLongTerm |
Jul 08, 2008 | $0.165 | OrdinaryDividend |
Jul 08, 2008 | $0.760 | CapitalGainLongTerm |
Dec 28, 2007 | $1.019 | OrdinaryDividend |
Dec 28, 2007 | $0.027 | CapitalGainShortTerm |
Dec 28, 2007 | $0.272 | CapitalGainLongTerm |
Jul 06, 2007 | $0.001 | OrdinaryDividend |
Jul 06, 2007 | $0.529 | CapitalGainLongTerm |
Dec 28, 2006 | $0.900 | OrdinaryDividend |
Dec 28, 2006 | $0.048 | CapitalGainShortTerm |
Dec 28, 2006 | $0.313 | CapitalGainLongTerm |
Jul 06, 2006 | $0.003 | OrdinaryDividend |
Jul 06, 2006 | $0.009 | CapitalGainShortTerm |
Jul 06, 2006 | $0.253 | CapitalGainLongTerm |
Dec 29, 2005 | $0.473 | OrdinaryDividend |
Dec 29, 2005 | $0.023 | CapitalGainLongTerm |
GBATX - Fund Manager Analysis
Managers
Ben Inker
Start Date
Tenure
Tenure Rank
May 31, 2005
17.01
17.0%
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 |
---|---|---|---|
0.03 | 30.27 | 6.52 | 9.25 |