GMO U.S. Small Cap Value Fund
Fund
GCAVX
Price as of:
$21.98
+ $0.01
+ 0.05%
Primary Theme
fund company
Name
As of 11/20/2024Price
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
15.3%
1 yr return
29.9%
3 Yr Avg Return
6.6%
5 Yr Avg Return
12.0%
Net Assets
$34.9 M
Holdings in Top 10
18.2%
52 WEEK LOW AND HIGH
$22.0
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.65%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 62.00%
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
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
GCAVX - Profile
Distributions
- YTD Total Return 15.3%
- 3 Yr Annualized Total Return 6.6%
- 5 Yr Annualized Total Return 12.0%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 1.32%
- Dividend Yield 0.0%
- Dividend Distribution Frequency SemiAnnual
Fund Details
-
Legal NameGMO U.S. Small Cap Value Fund
-
Fund Family NameGMO Mutual Funds
-
Inception DateJul 02, 2019
-
Shares OutstandingN/A
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Share ClassOther
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CurrencyUSD
-
Domiciled CountryUS
-
ManagerSimon Harris
Fund Description
GMO seeks to achieve the Fund’s investment objective by investing the Fund’s assets primarily in equities of U.S. small-cap companies. GMO selects the securities the Fund buys and sells based on its evaluation of companies’ published financial information, securities’ prices, equity and other markets (e.g., bond and currency), the overall global economy, and governmental policies.In selecting securities for the Fund, GMO uses a combination of proprietary quantitative investment methods to identify U.S. equities GMO believes have positive return potential relative to other U.S. equities. Some of these methods evaluate individual companies or groups of companies based on the ratio of their security price to historical financial information and forecasted financial information, such as return on invested capital, profitability, cash flow and earnings, and a comparison of these ratios to current and historical averages. Other methods focus on patterns of information, such as price movement or volatility of an asset class, security, or market, and macroeconomic factors. In constructing the Fund’s portfolio, GMO also considers position size, sector and industry exposure, market capitalization, liquidity, and transaction costs. At times, the Fund may have substantial exposure to a single asset class, industry, sector and companies with similar market capitalizations. The Fund may invest in securities of companies of any market capitalization. GMO also may consider ESG (environmental, social and governance) criteria. For example, GMO generally avoids investing the Fund’s assets in companies engaged in the manufacture, supply, or distribution of cluster munitions, as well as companies primarily involved in the mining and production of thermal coal. The factors GMO considers and investment methods GMO uses can change over time.As an alternative to investing directly in equities, 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. Derivatives used may include futures, options, and swap contracts. In addition, the Fund may lend its portfolio securities.Under normal circumstances, the Fund invests directly and indirectly at least 80% of its assets in equities of small-cap companies (see “Name Policies”). The term “small-cap companies” means companies whose market capitalization at the time of investment is less than that of the companies in the bottom decile of market capitalization of the MSCI US IMI Index or that are included in the S&P 600 Index. As of May 31, 2024, the market capitalization of companies comprising the bottom decile of the MSCI US IMI Index by market capitalization ranged from approximately $20.7 million to $11.5 billion. As of May 31, 2024, the market capitalization for the companies comprising the S&P 600 Index ranged from approximately $119.1 million to $8.7 billion.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.
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GCAVX - Performance
Return Ranking - Trailing
Period | GCAVX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 15.3% | -8.8% | 27.1% | 28.40% |
1 Yr | 29.9% | 3.2% | 41.5% | 22.77% |
3 Yr | 6.6%* | -12.1% | 70.6% | 23.24% |
5 Yr | 12.0%* | -2.7% | 52.5% | 25.45% |
10 Yr | N/A* | -3.1% | 27.9% | N/A |
* Annualized
Return Ranking - Calendar
Period | GCAVX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 20.3% | -6.0% | 33.6% | 7.04% |
2022 | -22.9% | -36.7% | 212.9% | 86.57% |
2021 | -5.3% | -62.0% | 147.6% | 94.31% |
2020 | 0.7% | -24.8% | 31.3% | 62.18% |
2019 | N/A | -21.7% | 34.0% | N/A |
Total Return Ranking - Trailing
Period | GCAVX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 15.3% | -8.8% | 27.1% | 28.40% |
1 Yr | 29.9% | 3.2% | 41.5% | 22.77% |
3 Yr | 6.6%* | -12.1% | 70.6% | 23.24% |
5 Yr | 12.0%* | -2.7% | 52.5% | 25.45% |
10 Yr | N/A* | -3.1% | 27.9% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | GCAVX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 22.7% | 1.8% | 35.4% | 10.33% |
2022 | -14.2% | -36.7% | 250.0% | 80.58% |
2021 | 35.7% | -3.0% | 157.9% | 22.77% |
2020 | 2.4% | -13.5% | 33.4% | 61.17% |
2019 | N/A | -1.5% | 34.3% | N/A |
NAV & Total Return History
GCAVX - Holdings
Concentration Analysis
GCAVX | Category Low | Category High | GCAVX % Rank | |
---|---|---|---|---|
Net Assets | 34.9 M | 2.79 M | 54 B | 89.93% |
Number of Holdings | 265 | 10 | 1599 | 21.31% |
Net Assets in Top 10 | 7.47 M | 762 K | 3.2 B | 91.80% |
Weighting of Top 10 | 18.22% | 5.2% | 92.2% | 54.23% |
Top 10 Holdings
- Jackson Financial Inc 2.43%
- Cirrus Logic Inc 1.99%
- Enova International Inc 1.99%
- MGIC Investment Corp 1.88%
- Allison Transmission Holdings Inc 1.86%
- Radian Group Inc 1.72%
- Avnet Inc 1.66%
- Unum Group 1.63%
- Organon Co 1.56%
- Adtalem Global Education Inc 1.49%
Asset Allocation
Weighting | Return Low | Return High | GCAVX % Rank | |
---|---|---|---|---|
Stocks | 99.41% | 7.22% | 105.88% | 27.63% |
Cash | 0.47% | 0.00% | 39.68% | 75.64% |
Other | 0.11% | -1.83% | 31.19% | 27.63% |
Preferred Stocks | 0.00% | 0.00% | 1.71% | 52.69% |
Convertible Bonds | 0.00% | 0.00% | 2.63% | 50.83% |
Bonds | 0.00% | 0.00% | 79.66% | 51.99% |
Stock Sector Breakdown
Weighting | Return Low | Return High | GCAVX % Rank | |
---|---|---|---|---|
Financial Services | 24.99% | 0.00% | 35.71% | 38.61% |
Consumer Cyclical | 16.41% | 0.00% | 51.62% | 20.86% |
Industrials | 14.87% | 0.65% | 48.61% | 70.26% |
Basic Materials | 10.41% | 0.00% | 67.30% | 8.15% |
Technology | 9.03% | 0.00% | 34.03% | 47.48% |
Real Estate | 6.10% | 0.00% | 44.41% | 64.51% |
Healthcare | 5.16% | 0.00% | 25.76% | 58.51% |
Communication Services | 5.10% | 0.00% | 24.90% | 9.35% |
Consumer Defense | 4.26% | 0.00% | 13.22% | 43.41% |
Energy | 3.66% | 0.00% | 29.42% | 84.89% |
Utilities | 0.01% | 0.00% | 13.86% | 81.53% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | GCAVX % Rank | |
---|---|---|---|---|
US | 99.41% | 7.22% | 105.88% | 16.63% |
Non US | 0.00% | 0.00% | 76.17% | 64.64% |
GCAVX - Expenses
Operational Fees
GCAVX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.65% | 0.05% | 37.04% | 92.27% |
Management Fee | 0.37% | 0.00% | 1.50% | 6.10% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.35% | N/A |
Sales Fees
GCAVX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 3.50% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
GCAVX 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.
GCAVX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 62.00% | 7.00% | 252.00% | 65.23% |
GCAVX - Distributions
Dividend Yield Analysis
GCAVX | Category Low | Category High | GCAVX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 14.14% | 51.52% |
Dividend Distribution Analysis
GCAVX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | SemiAnnual | Annual | Quarterly | Annual |
Net Income Ratio Analysis
GCAVX | Category Low | Category High | GCAVX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.32% | -1.43% | 4.13% | 8.39% |
Capital Gain Distribution Analysis
GCAVX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Semi-Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 12, 2023 | $0.296 | OrdinaryDividend |
Jul 11, 2023 | $0.056 | OrdinaryDividend |
Dec 13, 2022 | $0.408 | OrdinaryDividend |
Jul 12, 2022 | $1.322 | OrdinaryDividend |
Dec 14, 2021 | $0.328 | OrdinaryDividend |
Dec 14, 2021 | $3.573 | CapitalGainShortTerm |
Dec 14, 2021 | $2.865 | CapitalGainLongTerm |
Jul 07, 2021 | $0.058 | OrdinaryDividend |
Jul 07, 2021 | $1.640 | CapitalGainShortTerm |
Dec 14, 2020 | $0.299 | OrdinaryDividend |
Jul 07, 2020 | $0.035 | OrdinaryDividend |
Dec 31, 2019 | $0.009 | OrdinaryDividend |
Dec 16, 2019 | $0.170 | OrdinaryDividend |