GMO Alpha Only IV
Name
As of 02/21/2020Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-5.6%
1 yr return
-11.2%
3 Yr Avg Return
-2.5%
5 Yr Avg Return
-2.0%
Net Assets
$41.9 M
Holdings in Top 10
14.2%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.91%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 90.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$125,000,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 02/21/2020Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
GAPOX - Profile
Distributions
- YTD Total Return -5.6%
- 3 Yr Annualized Total Return -2.5%
- 5 Yr Annualized Total Return -2.0%
- Capital Gain Distribution Frequency Semi-Annually
- Net Income Ratio 2.32%
- Dividend Yield 4.3%
- Dividend Distribution Frequency Semi-Annually
Fund Details
-
Legal NameGMO Alpha Only Fund
-
Fund Family NameGMO
-
Inception DateMar 02, 2006
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerBen Inker
Fund Description
GAPOX - Performance
Return Ranking - Trailing
Period | GAPOX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -5.6% | -33.5% | 98.2% | 77.39% |
1 Yr | -11.2% | -32.6% | 24.7% | 81.36% |
3 Yr | -2.5%* | -18.4% | 9.8% | 69.09% |
5 Yr | -2.0%* | -11.0% | 6.4% | 79.52% |
10 Yr | -1.5%* | -6.7% | 9.5% | 94.44% |
* Annualized
Return Ranking - Calendar
Period | GAPOX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -13.2% | -20.7% | 10.7% | 93.75% |
2022 | -5.4% | -17.7% | 14.7% | 75.24% |
2021 | 5.0% | -21.2% | 12.9% | 10.99% |
2020 | -5.1% | -17.6% | 13.5% | 92.59% |
2019 | -5.0% | -71.0% | 59.6% | 72.86% |
Total Return Ranking - Trailing
Period | GAPOX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -5.6% | -33.5% | 98.2% | 77.39% |
1 Yr | -11.2% | -32.6% | 24.7% | 81.36% |
3 Yr | -2.5%* | -18.4% | 9.8% | 69.09% |
5 Yr | -2.0%* | -11.0% | 6.4% | 79.52% |
10 Yr | -1.5%* | -6.7% | 9.5% | 94.44% |
* Annualized
Total Return Ranking - Calendar
Period | GAPOX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -13.2% | -20.7% | 10.7% | 93.75% |
2022 | -1.2% | -17.7% | 14.7% | 51.43% |
2021 | 6.3% | -12.7% | 12.9% | 13.19% |
2020 | -2.2% | -17.6% | 13.5% | 86.42% |
2019 | -3.4% | -71.0% | 59.6% | 60.00% |
NAV & Total Return History
GAPOX - Holdings
Concentration Analysis
GAPOX | Category Low | Category High | GAPOX % Rank | |
---|---|---|---|---|
Net Assets | 41.9 M | 105 K | 10 B | 68.33% |
Number of Holdings | 664 | 4 | 2766 | 23.08% |
Net Assets in Top 10 | 10.9 M | -184 M | 5.33 B | 52.99% |
Weighting of Top 10 | 14.22% | 6.1% | 96.9% | 85.86% |
Top 10 Holdings
- United States Treasury Notes 4.51%
- GMO US Treasury 2.82%
- Gazprom PJSC ADR 1.20%
- Sanofi SA 0.95%
- Fulton Financial Corp 0.81%
- GlaxoSmithKline PLC ADR 0.81%
- Shinhan Financial Group Co Ltd 0.80%
- JBS SA 0.80%
- Wal-mart de Mexico S A B de C V 0.77%
- Nippon Telegraph & Telephone Corp 0.76%
Asset Allocation
Weighting | Return Low | Return High | GAPOX % Rank | |
---|---|---|---|---|
Stocks | 91.74% | -47.96% | 325.56% | 8.40% |
Bonds | 7.13% | -0.04% | 71.57% | 25.21% |
Cash | 0.72% | -225.56% | 106.20% | 86.32% |
Preferred Stocks | 0.56% | 0.00% | 6.53% | 18.80% |
Convertible Bonds | 0.00% | 0.00% | 94.81% | 82.05% |
Other | -0.16% | -6.69% | 90.75% | 92.31% |
Stock Sector Breakdown
Weighting | Return Low | Return High | GAPOX % Rank | |
---|---|---|---|---|
Financial Services | 26.92% | 0.00% | 100.00% | 27.36% |
Consumer Cyclical | 12.96% | 0.00% | 20.79% | 26.42% |
Industrials | 12.15% | 0.00% | 27.12% | 43.40% |
Technology | 9.86% | 0.00% | 100.00% | 73.58% |
Basic Materials | 8.01% | 0.00% | 9.04% | 2.83% |
Real Estate | 7.46% | 0.00% | 100.00% | 8.49% |
Energy | 5.74% | 0.00% | 31.78% | 16.98% |
Utilities | 4.96% | 0.00% | 66.28% | 23.58% |
Communication Services | 4.29% | 0.00% | 33.72% | 66.98% |
Healthcare | 3.99% | 0.00% | 100.00% | 85.85% |
Consumer Defense | 3.66% | 0.00% | 31.86% | 51.89% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | GAPOX % Rank | |
---|---|---|---|---|
Non US | 56.91% | -8.77% | 56.91% | 1.71% |
US | 34.83% | -46.42% | 325.56% | 25.64% |
Bond Sector Breakdown
Weighting | Return Low | Return High | GAPOX % Rank | |
---|---|---|---|---|
Government | 84.72% | 0.00% | 84.72% | 1.71% |
Cash & Equivalents | 8.60% | 0.00% | 100.00% | 97.44% |
Corporate | 6.68% | 0.00% | 100.00% | 33.33% |
Derivative | 0.00% | 0.00% | 32.49% | 81.20% |
Securitized | 0.00% | 0.00% | 44.65% | 78.63% |
Municipal | 0.00% | 0.00% | 2.40% | 77.78% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | GAPOX % Rank | |
---|---|---|---|---|
US | 7.13% | -0.04% | 59.77% | 22.22% |
Non US | 0.00% | 0.00% | 21.18% | 82.05% |
GAPOX - Expenses
Operational Fees
GAPOX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.91% | 0.64% | 23.08% | 94.02% |
Management Fee | 0.60% | 0.13% | 1.75% | 16.67% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.06% | 0.40% | N/A |
Sales Fees
GAPOX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.75% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
GAPOX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 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.
GAPOX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 90.00% | 30.00% | 483.00% | 24.24% |
GAPOX - Distributions
Dividend Yield Analysis
GAPOX | Category Low | Category High | GAPOX % Rank | |
---|---|---|---|---|
Dividend Yield | 4.32% | 0.00% | 3.69% | 80.00% |
Dividend Distribution Analysis
GAPOX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Semi-Annually | Annually | Quarterly | Annually |
Net Income Ratio Analysis
GAPOX | Category Low | Category High | GAPOX % Rank | |
---|---|---|---|---|
Net Income Ratio | 2.32% | -3.64% | 3.48% | 7.69% |
Capital Gain Distribution Analysis
GAPOX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Semi-Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 19, 2018 | $0.800 | |
Jun 20, 2018 | $0.080 | |
Dec 21, 2017 | $0.178 | |
Jul 13, 2017 | $0.082 | |
Dec 22, 2016 | $0.318 | |
Jul 14, 2016 | $0.318 | |
Jul 14, 2015 | $0.379 | |
Dec 24, 2014 | $0.436 | |
Jul 11, 2013 | $0.025 | |
Jul 12, 2012 | $0.076 | |
Dec 27, 2011 | $0.349 | |
Jul 08, 2009 | $0.045 | |
Mar 10, 2009 | $0.250 | |
Dec 26, 2008 | $3.327 | |
Nov 12, 2008 | $0.775 | |
Jul 09, 2008 | $0.106 | |
Dec 28, 2007 | $0.212 | |
Dec 28, 2006 | $0.171 | |
Jul 07, 2006 | $0.040 |
GAPOX - Fund Manager Analysis
Managers
Ben Inker
Start Date
Tenure
Tenure Rank
Dec 31, 1996
23.1
23.1%
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
0.59
0.6%
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 |
---|---|---|---|
0.13 | 30.09 | 6.06 | 6.79 |