GMO International Equity Allc III
Fund
GIEAX
Price as of:
$22.56
+ $0.22
+ 0.99%
Primary Theme
fund company
Name
Price
Aum/Mkt Cap
YIELD & DIV
Exp Ratio
Watchlist
Vitals
YTD Return
-28.9%
1 yr return
-17.5%
3 Yr Avg Return
5.2%
5 Yr Avg Return
2.6%
Net Assets
$553 M
Holdings in Top 10
N/A
52 WEEK LOW AND HIGH
$22.3
$22.34
$34.06
Expenses
OPERATING FEES
Expense Ratio 0.65%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 18.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$5,000,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Investment Style
Foreign Large Value
Name
Price
Aum/Mkt Cap
YIELD & DIV
Exp Ratio
Watchlist
GIEAX - Profile
Distributions
- YTD Total Return -28.9%
- 3 Yr Annualized Total Return 5.2%
- 5 Yr Annualized Total Return 2.6%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 4.90%
- Dividend Yield 0.6%
- Dividend Distribution Frequency Semi-Annually
Fund Details
-
Legal NameGMO International Equity Allocation Fund
-
Fund Family NameGMO
-
Inception DateOct 11, 1996
-
Shares OutstandingN/A
-
Share ClassC
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerBen Inker
GIEAX - Performance
Return Ranking - Trailing
| Period | GIEAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -28.9% | -32.1% | 424400.0% | 93.41% |
| 1 Yr | -17.5% | -22.2% | 15.0% | 97.99% |
| 3 Yr | 5.2%* | -0.5% | 16.5% | 81.79% |
| 5 Yr | 2.6%* | -0.9% | 8.6% | 70.61% |
| 10 Yr | 5.3%* | 2.3% | 8.9% | 76.00% |
* Annualized
Return Ranking - Calendar
| Period | GIEAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2021 | 1.8% | -99.0% | 64.4% | 88.95% |
| 2020 | 2.6% | -91.9% | 17.3% | 24.55% |
| 2019 | 19.1% | 4.4% | 31.6% | 10.31% |
| 2018 | -20.8% | -100.0% | -7.4% | 63.49% |
| 2017 | 23.9% | 0.0% | 30.4% | 14.34% |
Total Return Ranking - Trailing
| Period | GIEAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -28.9% | -32.1% | 251.3% | 93.41% |
| 1 Yr | -17.5% | -22.7% | 58.7% | 96.88% |
| 3 Yr | 5.2%* | -0.5% | 16.5% | 77.29% |
| 5 Yr | 2.6%* | -1.0% | 9.6% | 67.19% |
| 10 Yr | 5.3%* | 2.3% | 8.9% | 73.20% |
* Annualized
Total Return Ranking - Calendar
| Period | GIEAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2021 | 1.8% | -66.6% | 64.4% | 89.24% |
| 2020 | 2.6% | -23.1% | 211.0% | 25.15% |
| 2019 | 19.1% | 4.4% | 31.6% | 10.28% |
| 2018 | -17.8% | -35.7% | -6.2% | 50.99% |
| 2017 | 27.8% | 6.2% | 433899.9% | 6.45% |
NAV & Total Return History
GIEAX - Holdings
Concentration Analysis
| GIEAX | Category Low | Category High | GIEAX % Rank | |
|---|---|---|---|---|
| Net Assets | 553 M | 2.03 M | 44.7 B | 44.97% |
| Number of Holdings | 8 | 2 | 3900 | 98.90% |
| Net Assets in Top 10 | 711 M | 3.58 K | 13.7 B | 15.43% |
| Weighting of Top 10 | N/A | 7.3% | 99.9% | 0.55% |
Top 10 Holdings
- GMO International Equity IV 60.71%
- GMO Emerging Markets VI 27.79%
- GMO Emerging Markets ex-China VI 7.27%
- GMO-Usonian Japan Value Creation VI 4.22%
- State Street Instl Treasury MMkt Invsmt 0.02%
Asset Allocation
| Weighting | Return Low | Return High | GIEAX % Rank | |
|---|---|---|---|---|
| Stocks | 94.77% | 75.03% | 100.46% | 90.36% |
| Other | 6.11% | -2.35% | 6.11% | 0.28% |
| Bonds | 2.87% | 0.00% | 31.71% | 3.58% |
| Preferred Stocks | 0.54% | 0.00% | 1.34% | 0.55% |
| Convertible Bonds | 0.00% | 0.00% | 0.15% | 95.87% |
| Cash | -4.29% | -31.92% | 11.89% | 98.90% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | GIEAX % Rank | |
|---|---|---|---|---|
| Financial Services | 17.60% | 0.00% | 42.76% | 70.83% |
| Industrials | 17.26% | 1.03% | 36.79% | 18.06% |
| Consumer Cyclical | 13.92% | 0.00% | 27.46% | 20.00% |
| Technology | 11.78% | 0.00% | 24.16% | 14.44% |
| Basic Materials | 10.23% | 0.00% | 30.76% | 30.83% |
| Healthcare | 9.52% | 0.00% | 23.28% | 56.39% |
| Consumer Defense | 8.78% | 0.00% | 31.84% | 48.06% |
| Communication Services | 6.84% | 0.00% | 23.78% | 51.39% |
| Utilities | 1.47% | 0.00% | 27.46% | 80.00% |
| Energy | 1.33% | 0.00% | 26.59% | 88.06% |
| Real Estate | 1.26% | 0.00% | 19.64% | 61.11% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | GIEAX % Rank | |
|---|---|---|---|---|
| Non US | 93.88% | 71.47% | 100.46% | 75.76% |
| US | 0.89% | 0.00% | 15.02% | 59.50% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | GIEAX % Rank | |
|---|---|---|---|---|
| Government | 59.77% | 0.00% | 93.56% | 2.34% |
| Cash & Equivalents | 28.56% | 1.83% | 100.00% | 91.81% |
| Corporate | 11.15% | 0.00% | 91.99% | 1.17% |
| Derivative | 0.52% | 0.00% | 98.17% | 19.30% |
| Securitized | 0.00% | 0.00% | 20.93% | 95.61% |
| Municipal | 0.00% | 0.00% | 0.00% | 95.61% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | GIEAX % Rank | |
|---|---|---|---|---|
| US | 2.87% | 0.00% | 29.81% | 3.58% |
| Non US | 0.00% | 0.00% | 1.90% | 95.87% |
GIEAX - Expenses
Operational Fees
| GIEAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.65% | 0.01% | 4.03% | 77.78% |
| Management Fee | 0.00% | 0.00% | 1.25% | 1.40% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.03% | 0.47% | N/A |
Sales Fees
| GIEAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 0.00% | 5.75% | 96.15% |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| GIEAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 0.25% | 2.00% | 95.16% |
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.
| GIEAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 18.00% | 2.00% | 158.16% | 10.20% |
GIEAX - Distributions
Dividend Yield Analysis
| GIEAX | Category Low | Category High | GIEAX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.62% | 0.00% | 15.27% | 1.65% |
Dividend Distribution Analysis
| GIEAX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Semi-Annually | Annually | Quarterly | Quarterly |
Net Income Ratio Analysis
| GIEAX | Category Low | Category High | GIEAX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 4.90% | -1.56% | 7.85% | 4.90% |
Capital Gain Distribution Analysis
| GIEAX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Dividend Payout History
| Date | Amount | Type |
|---|---|---|
| Jul 15, 2022 | $0.070 | OrdinaryDividend |
| Dec 30, 2021 | $1.831 | OrdinaryDividend |
| Jul 14, 2021 | $0.102 | OrdinaryDividend |
| Dec 29, 2020 | $1.187 | OrdinaryDividend |
| Jul 10, 2020 | $0.100 | OrdinaryDividend |
| Dec 30, 2019 | $1.101 | OrdinaryDividend |
| Jul 17, 2019 | $0.104 | OrdinaryDividend |
| Dec 27, 2018 | $0.771 | OrdinaryDividend |
| Jul 13, 2018 | $0.196 | OrdinaryDividend |
| Dec 27, 2017 | $0.877 | OrdinaryDividend |
| Jul 13, 2017 | $0.115 | OrdinaryDividend |
| Dec 28, 2016 | $0.830 | OrdinaryDividend |
| Jul 14, 2016 | $0.023 | OrdinaryDividend |
| Dec 29, 2015 | $0.283 | OrdinaryDividend |
| Dec 28, 2012 | $0.308 | OrdinaryDividend |
| Jul 10, 2012 | $0.012 | OrdinaryDividend |
| Dec 30, 2011 | $0.218 | OrdinaryDividend |
| Jul 08, 2011 | $0.018 | OrdinaryDividend |
| Dec 31, 2010 | $0.117 | OrdinaryDividend |
| Jul 09, 2010 | $0.039 | OrdinaryDividend |
| Dec 31, 2009 | $0.204 | OrdinaryDividend |
| Dec 31, 2008 | $0.386 | OrdinaryDividend |
| Dec 31, 2007 | $1.001 | OrdinaryDividend |
| Dec 29, 2006 | $0.828 | OrdinaryDividend |
| Dec 30, 2005 | $0.471 | OrdinaryDividend |
| Dec 31, 2004 | $0.340 | OrdinaryDividend |
| Jul 12, 2004 | $0.078 | OrdinaryDividend |
| Dec 31, 2003 | $0.044 | OrdinaryDividend |
| Dec 31, 2002 | $0.095 | OrdinaryDividend |
GIEAX - Fund Manager Analysis
Managers
Ben Inker
Start Date
Tenure
Tenure Rank
Oct 11, 1996
25.65
25.7%
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 |
|---|---|---|---|
| 0.2 | 29.68 | 7.61 | 0.54 |