GMO Emerging Markets Fund
Name
As of 03/27/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
1.7%
1 yr return
20.2%
3 Yr Avg Return
-6.7%
5 Yr Avg Return
0.3%
Net Assets
$862 M
Holdings in Top 10
28.9%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.92%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 102.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$50,000,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 03/27/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
GMOEX - Profile
Distributions
- YTD Total Return 1.7%
- 3 Yr Annualized Total Return -6.7%
- 5 Yr Annualized Total Return 0.3%
- Capital Gain Distribution Frequency None
- Net Income Ratio 3.47%
- Dividend Yield 3.5%
- Dividend Distribution Frequency SemiAnnual
Fund Details
-
Legal NameGMO Emerging Markets Fund
-
Fund Family NameGMO Mutual Funds
-
Inception DateDec 09, 1993
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerArjun Divecha
Fund Description
GMOEX - Performance
Return Ranking - Trailing
Period | GMOEX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.7% | -6.1% | 14.4% | 76.42% |
1 Yr | 20.2% | -6.1% | 41.9% | 9.30% |
3 Yr | -6.7%* | -22.7% | 9.1% | 62.12% |
5 Yr | 0.3%* | -7.2% | 11.5% | 89.72% |
10 Yr | 1.9%* | -2.3% | 6.8% | 75.96% |
* Annualized
Return Ranking - Calendar
Period | GMOEX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 10.3% | -6.5% | 35.5% | 32.93% |
2022 | -36.6% | -50.1% | -2.4% | 94.99% |
2021 | -2.4% | -33.1% | 22.5% | 34.80% |
2020 | 1.6% | -22.1% | 80.1% | 92.63% |
2019 | 16.6% | -0.7% | 42.0% | 61.08% |
Total Return Ranking - Trailing
Period | GMOEX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.7% | -6.1% | 14.4% | 76.42% |
1 Yr | 20.2% | -6.1% | 41.9% | 9.30% |
3 Yr | -6.7%* | -22.7% | 9.1% | 62.12% |
5 Yr | 0.3%* | -7.2% | 11.5% | 89.72% |
10 Yr | 1.9%* | -2.3% | 6.8% | 75.96% |
* Annualized
Total Return Ranking - Calendar
Period | GMOEX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 20.6% | -2.7% | 42.0% | 10.39% |
2022 | -31.6% | -42.2% | 1.9% | 93.05% |
2021 | 2.0% | -32.5% | 33.1% | 32.45% |
2020 | 5.5% | -20.0% | 81.6% | 91.40% |
2019 | 22.1% | 2.3% | 42.0% | 41.63% |
NAV & Total Return History
GMOEX - Holdings
Concentration Analysis
GMOEX | Category Low | Category High | GMOEX % Rank | |
---|---|---|---|---|
Net Assets | 862 M | 653 K | 96.1 B | 35.87% |
Number of Holdings | 273 | 10 | 6829 | 23.73% |
Net Assets in Top 10 | 152 M | 299 K | 17.9 B | 48.93% |
Weighting of Top 10 | 28.94% | 2.9% | 122.2% | 66.22% |
Top 10 Holdings
- Taiwan Semiconductor Manufacturing Co Ltd 4.43%
- Samsung Electronics Co Ltd 4.30%
- Petroleo Brasileiro SA 3.20%
- OTP Bank Nyrt 2.72%
- China Feihe Ltd 2.71%
- Grupo Financiero Banorte SAB de CV 2.71%
- Catcher Technology Co Ltd 2.40%
- KTG Corp 2.22%
- China Construction Bank Corp 2.13%
- Vipshop Holdings Ltd 2.12%
Asset Allocation
Weighting | Return Low | Return High | GMOEX % Rank | |
---|---|---|---|---|
Stocks | 88.36% | 0.00% | 103.65% | 94.40% |
Preferred Stocks | 9.96% | 0.00% | 10.17% | 0.53% |
Cash | 1.49% | -2.03% | 20.51% | 53.60% |
Bonds | 0.19% | 0.00% | 94.30% | 8.53% |
Other | 0.00% | -1.64% | 50.31% | 24.67% |
Convertible Bonds | 0.00% | 0.00% | 7.40% | 57.05% |
Stock Sector Breakdown
Weighting | Return Low | Return High | GMOEX % Rank | |
---|---|---|---|---|
Financial Services | 25.13% | 0.00% | 48.86% | 21.73% |
Technology | 24.96% | 0.00% | 47.50% | 36.03% |
Basic Materials | 12.78% | 0.00% | 30.03% | 8.37% |
Industrials | 8.04% | 0.00% | 43.53% | 27.13% |
Consumer Cyclical | 7.98% | 0.00% | 48.94% | 90.01% |
Consumer Defense | 6.75% | 0.00% | 25.90% | 37.65% |
Communication Services | 4.29% | 0.00% | 39.29% | 86.77% |
Energy | 3.67% | 0.00% | 24.80% | 56.28% |
Real Estate | 3.05% | 0.00% | 17.15% | 18.76% |
Utilities | 2.51% | 0.00% | 39.12% | 31.85% |
Healthcare | 0.83% | 0.00% | 16.53% | 92.71% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | GMOEX % Rank | |
---|---|---|---|---|
Non US | 82.53% | 0.00% | 100.18% | 57.73% |
US | 5.83% | 0.00% | 101.58% | 65.20% |
Bond Sector Breakdown
Weighting | Return Low | Return High | GMOEX % Rank | |
---|---|---|---|---|
Corporate | 26.50% | 0.00% | 100.00% | 9.39% |
Government | 20.19% | 0.00% | 70.66% | 5.44% |
Derivative | 0.00% | -1.64% | 74.21% | 18.53% |
Cash & Equivalents | 0.00% | 0.00% | 100.00% | 91.87% |
Securitized | 0.00% | 0.00% | 23.79% | 54.83% |
Municipal | 0.00% | 0.00% | 0.32% | 54.83% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | GMOEX % Rank | |
---|---|---|---|---|
US | 0.19% | 0.00% | 57.31% | 8.53% |
Non US | 0.00% | 0.00% | 78.09% | 58.93% |
GMOEX - Expenses
Operational Fees
GMOEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.92% | 0.03% | 24.48% | 79.25% |
Management Fee | 0.80% | 0.00% | 2.00% | 37.52% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.85% | N/A |
Sales Fees
GMOEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 3.50% | 5.75% | 100.00% |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
GMOEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 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.
GMOEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 102.00% | 0.00% | 189.00% | 88.07% |
GMOEX - Distributions
Dividend Yield Analysis
GMOEX | Category Low | Category High | GMOEX % Rank | |
---|---|---|---|---|
Dividend Yield | 3.47% | 0.00% | 9.88% | 0.93% |
Dividend Distribution Analysis
GMOEX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | SemiAnnual | Annual | Annual | Annual |
Net Income Ratio Analysis
GMOEX | Category Low | Category High | GMOEX % Rank | |
---|---|---|---|---|
Net Income Ratio | 3.47% | -1.98% | 17.62% | 3.73% |
Capital Gain Distribution Analysis
GMOEX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | None | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 22, 2023 | $1.004 | OrdinaryDividend |
Nov 01, 2023 | $1.004 | OrdinaryDividend |
Jul 12, 2023 | $0.010 | OrdinaryDividend |
Dec 22, 2022 | $1.359 | OrdinaryDividend |
Jul 13, 2022 | $0.393 | OrdinaryDividend |
Dec 23, 2021 | $1.432 | OrdinaryDividend |
Jul 08, 2021 | $0.100 | OrdinaryDividend |
Dec 23, 2020 | $1.142 | OrdinaryDividend |
Jul 08, 2020 | $0.159 | OrdinaryDividend |
Dec 24, 2019 | $1.424 | OrdinaryDividend |
Jul 10, 2019 | $0.174 | OrdinaryDividend |
Dec 21, 2018 | $0.939 | OrdinaryDividend |
Jul 10, 2018 | $0.054 | OrdinaryDividend |
Dec 22, 2017 | $0.783 | OrdinaryDividend |
Jul 10, 2017 | $0.116 | OrdinaryDividend |
Dec 23, 2016 | $0.593 | OrdinaryDividend |
Jul 08, 2016 | $0.010 | OrdinaryDividend |
Dec 24, 2015 | $0.252 | OrdinaryDividend |
Jul 09, 2015 | $0.025 | OrdinaryDividend |
Dec 24, 2014 | $0.327 | OrdinaryDividend |
Dec 24, 2013 | $0.258 | OrdinaryDividend |
Oct 09, 2013 | $0.016 | OrdinaryDividend |
Dec 24, 2012 | $0.213 | OrdinaryDividend |
Oct 23, 2012 | $0.026 | OrdinaryDividend |
Dec 20, 2011 | $0.215 | OrdinaryDividend |
Oct 06, 2011 | $0.002 | OrdinaryDividend |
Dec 20, 2010 | $0.173 | OrdinaryDividend |
Oct 06, 2010 | $0.003 | OrdinaryDividend |
Dec 21, 2009 | $0.161 | OrdinaryDividend |
Jul 16, 2009 | $0.024 | OrdinaryDividend |
Dec 24, 2008 | $0.133 | OrdinaryDividend |
Dec 27, 2007 | $0.235 | OrdinaryDividend |
Jul 11, 2007 | $0.079 | OrdinaryDividend |
Dec 27, 2006 | $0.425 | OrdinaryDividend |
Jul 11, 2006 | $0.113 | OrdinaryDividend |
Dec 28, 2005 | $0.267 | OrdinaryDividend |
Jul 06, 2005 | $0.160 | OrdinaryDividend |
Dec 28, 2004 | $0.246 | OrdinaryDividend |
Jul 12, 2004 | $0.070 | OrdinaryDividend |
Dec 24, 2003 | $0.185 | OrdinaryDividend |
Jul 11, 2003 | $0.051 | OrdinaryDividend |
Dec 27, 2002 | $0.033 | OrdinaryDividend |
Jul 09, 2002 | $0.086 | OrdinaryDividend |
Dec 27, 2001 | $0.078 | OrdinaryDividend |
GMOEX - Fund Manager Analysis
Managers
Arjun Divecha
Start Date
Tenure
Tenure Rank
Dec 09, 1993
28.49
28.5%
Mr. Divecha is the head of GMO’s Emerging Markets Equity team and a member of the GMO Board of Directors. Prior to joining GMO in 1993, he spent 12 years at BARRA directing software development, marketing, client service and emerging markets research and development. Mr. Divecha holds a Bachelor of Technology in Aeronautical Engineering from the Indian Institute of Technology, Bombay and an M.B.A. in Finance from Cornell University.
Warren Chiang
Start Date
Tenure
Tenure Rank
Jun 30, 2015
6.92
6.9%
Mr. Chiang is a portfolio manager for GMO’s Emerging Markets Equity team and oversees quantitative research. Prior to joining GMO in 2015, he worked at Mellon Capital Management as a Managing Director of Active Equity Strategies. Previously, he worked at the Federal Reserve Bank of San Francisco as a research associate. Mr. Chiang earned his B.A. in Economics and his MBA from the University of California Berkeley. He is a CFA charterholder.
Amit Bhartia
Start Date
Tenure
Tenure Rank
Sep 01, 2015
6.75
6.8%
Portfolio Manager, Emerging Markets Equity Team, GMO Singapore. Mr. Bhartia has been responsible for providing portfolio management and research services to this and GMO’s other emerging markets equity portfolios since 1995a nd has overseen the portfolio management of GMO’s emerging domestic opportunity equity portfolios since 2011.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.09 | 33.71 | 6.53 | 13.42 |