GMO International Equity Fund
Fund
GMOIX
Price as of:
$24.60
+ $0.18
+ 0.74%
Primary Theme
fund company
Name
As of 03/27/2024Price
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
7.4%
1 yr return
22.2%
3 Yr Avg Return
6.3%
5 Yr Avg Return
9.4%
Net Assets
$919 M
Holdings in Top 10
29.9%
52 WEEK LOW AND HIGH
$24.4
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.70%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
$35,000,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 03/27/2024Price
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
GMOIX - Profile
Distributions
- YTD Total Return 7.4%
- 3 Yr Annualized Total Return 6.3%
- 5 Yr Annualized Total Return 9.4%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 3.84%
- Dividend Yield 10.8%
- Dividend Distribution Frequency SemiAnnual
Fund Details
-
Legal NameGMO International Equity Fund
-
Fund Family NameGMO Mutual Funds
-
Inception DateMar 31, 1987
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerSimon Harris
Fund Description
GMO seeks to achieve the Fund’s investment objective by investing the Fund’s assets primarily in non-U.S. developed market equities. 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’s quantitative investment process uses a combination of investment methods to identify securities GMO believes have positive return potential relative to other securities tied economically to international equity markets. 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 industry, market or company averages. Other methods focus on patterns of information, such as price movement or volatility of an asset class, security, or market. In constructing the Fund’s portfolio, GMO considers a number of factors, including position size, sector and industry exposure, country and region exposure, currencies, market capitalization, liquidity, and transaction costs. GMO also may consider ESG (environmental, social and governance) criteria. Among other ESG criteria, 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 coal and coal-related products used in the generation of energy. At times, the Fund may have substantial exposure to a single asset class, industry, sector, country, region, issuer, or currency or companies with similar market capitalizations. The Fund may invest in securities of companies of any market capitalization. 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, forward currency contracts, and swap contracts. In addition, the Fund may lend its portfolio securities.Under normal circumstances, the Fund invests directly and indirectly (through underlying funds or derivatives) at least 80% of its assets in equities (see “Name Policies”).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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GMOIX - Performance
Return Ranking - Trailing
Period | GMOIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 7.4% | -2.6% | 9.3% | 12.84% |
1 Yr | 22.2% | -1.3% | 27.7% | 13.76% |
3 Yr | 6.3%* | -4.1% | 76.5% | 27.62% |
5 Yr | 9.4%* | 0.5% | 45.8% | 3.06% |
10 Yr | 4.3%* | -0.5% | 21.8% | 28.73% |
* Annualized
Return Ranking - Calendar
Period | GMOIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 11.7% | 1.0% | 26.9% | 63.50% |
2022 | -14.1% | -27.8% | 166.1% | 61.88% |
2021 | 5.2% | -66.6% | 64.4% | 74.29% |
2020 | 2.6% | -23.1% | 17.3% | 25.58% |
2019 | 20.3% | 4.4% | 31.6% | 7.17% |
Total Return Ranking - Trailing
Period | GMOIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 7.4% | -2.6% | 9.3% | 12.84% |
1 Yr | 22.2% | -1.3% | 27.7% | 13.76% |
3 Yr | 6.3%* | -4.1% | 76.5% | 27.62% |
5 Yr | 9.4%* | 0.5% | 45.8% | 3.06% |
10 Yr | 4.3%* | -0.5% | 21.8% | 28.73% |
* Annualized
Total Return Ranking - Calendar
Period | GMOIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 20.5% | 5.4% | 31.0% | 13.50% |
2022 | -10.4% | -19.9% | 344.3% | 52.81% |
2021 | 12.1% | -0.2% | 75.3% | 48.25% |
2020 | 7.5% | -20.4% | 18.9% | 7.64% |
2019 | 24.5% | 11.2% | 32.1% | 6.48% |
NAV & Total Return History
GMOIX - Holdings
Concentration Analysis
GMOIX | Category Low | Category High | GMOIX % Rank | |
---|---|---|---|---|
Net Assets | 919 M | 2.02 M | 44.7 B | 35.15% |
Number of Holdings | 228 | 2 | 3900 | 22.42% |
Net Assets in Top 10 | 306 M | 374 K | 14 B | 28.79% |
Weighting of Top 10 | 29.92% | 0.2% | 100.0% | 31.00% |
Top 10 Holdings
- GMO US Treasury Fund 6.98%
- TotalEnergies SE 3.06%
- Novartis AG 2.65%
- Banco Bilbao Vizcaya Argentaria SA 2.64%
- Japan Tobacco Inc 2.63%
- Sanofi SA 2.43%
- Cie de Saint-Gobain SA 2.40%
- STMicroelectronics NV 2.39%
- Industria de Diseno Textil SA 2.38%
- British American Tobacco PLC 2.36%
Asset Allocation
Weighting | Return Low | Return High | GMOIX % Rank | |
---|---|---|---|---|
Stocks | 104.06% | 0.99% | 104.06% | 0.91% |
Preferred Stocks | 0.69% | 0.00% | 4.99% | 30.91% |
Cash | 0.10% | 0.00% | 99.01% | 93.94% |
Bonds | 0.10% | 0.00% | 73.30% | 5.15% |
Other | 0.01% | -1.99% | 38.17% | 31.52% |
Convertible Bonds | 0.00% | 0.00% | 0.15% | 91.52% |
Stock Sector Breakdown
Weighting | Return Low | Return High | GMOIX % Rank | |
---|---|---|---|---|
Industrials | 19.90% | 1.03% | 36.79% | 6.73% |
Consumer Cyclical | 13.90% | 0.00% | 27.46% | 22.02% |
Financial Services | 13.80% | 0.00% | 42.76% | 91.13% |
Healthcare | 12.76% | 0.00% | 23.28% | 28.13% |
Consumer Defense | 12.43% | 0.00% | 31.84% | 14.68% |
Basic Materials | 11.05% | 0.00% | 30.76% | 18.65% |
Communication Services | 8.33% | 0.00% | 22.75% | 24.77% |
Technology | 5.27% | 0.00% | 24.16% | 66.36% |
Energy | 1.70% | 0.00% | 26.59% | 87.77% |
Real Estate | 0.49% | 0.00% | 17.06% | 69.11% |
Utilities | 0.37% | 0.00% | 27.46% | 86.85% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | GMOIX % Rank | |
---|---|---|---|---|
Non US | 89.84% | 0.00% | 100.56% | 64.55% |
US | 14.22% | 0.00% | 100.00% | 13.33% |
Bond Sector Breakdown
Weighting | Return Low | Return High | GMOIX % Rank | |
---|---|---|---|---|
Government | 93.56% | 0.00% | 93.56% | 0.95% |
Cash & Equivalents | 0.10% | 0.00% | 100.00% | 76.36% |
Derivative | 0.01% | -1.99% | 30.23% | 13.33% |
Securitized | 0.00% | 0.00% | 20.93% | 91.11% |
Corporate | 0.00% | 0.00% | 91.99% | 91.75% |
Municipal | 0.00% | 0.00% | 0.00% | 91.11% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | GMOIX % Rank | |
---|---|---|---|---|
US | 0.10% | 0.00% | 69.58% | 5.15% |
Non US | 0.00% | 0.00% | 3.72% | 91.52% |
GMOIX - Expenses
Operational Fees
GMOIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.70% | 0.01% | 12.90% | 80.61% |
Management Fee | 0.65% | 0.00% | 1.25% | 40.43% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.03% | 0.47% | N/A |
Sales Fees
GMOIX 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% | 5.00% | N/A |
Trading Fees
GMOIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.25% | 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.
GMOIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 2.00% | 158.16% | 72.55% |
GMOIX - Distributions
Dividend Yield Analysis
GMOIX | Category Low | Category High | GMOIX % Rank | |
---|---|---|---|---|
Dividend Yield | 10.77% | 0.00% | 13.54% | 7.90% |
Dividend Distribution Analysis
GMOIX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | SemiAnnual | Annual | Quarterly | SemiAnnual |
Net Income Ratio Analysis
GMOIX | Category Low | Category High | GMOIX % Rank | |
---|---|---|---|---|
Net Income Ratio | 3.84% | 0.18% | 7.85% | 9.38% |
Capital Gain Distribution Analysis
GMOIX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 13, 2023 | $1.316 | OrdinaryDividend |
Jul 12, 2023 | $0.411 | OrdinaryDividend |
Dec 14, 2022 | $0.818 | OrdinaryDividend |
Jul 13, 2022 | $0.069 | OrdinaryDividend |
Dec 15, 2021 | $1.084 | OrdinaryDividend |
Jul 08, 2021 | $0.444 | OrdinaryDividend |
Dec 15, 2020 | $0.982 | OrdinaryDividend |
Jul 08, 2020 | $0.052 | OrdinaryDividend |
Dec 17, 2019 | $0.739 | OrdinaryDividend |
Jul 12, 2019 | $0.034 | OrdinaryDividend |
Dec 14, 2018 | $0.543 | OrdinaryDividend |
Jul 11, 2018 | $0.144 | OrdinaryDividend |
Dec 14, 2017 | $0.627 | OrdinaryDividend |
Jul 11, 2017 | $0.117 | OrdinaryDividend |
Dec 15, 2016 | $0.703 | OrdinaryDividend |
Jul 12, 2016 | $0.083 | OrdinaryDividend |
Dec 17, 2015 | $0.564 | OrdinaryDividend |
Jul 10, 2015 | $0.092 | OrdinaryDividend |
Jul 15, 2014 | $0.438 | OrdinaryDividend |
Dec 18, 2013 | $0.335 | OrdinaryDividend |
Jul 11, 2013 | $0.150 | OrdinaryDividend |
Dec 18, 2012 | $0.453 | OrdinaryDividend |
Jul 12, 2012 | $0.217 | OrdinaryDividend |
Dec 20, 2011 | $0.278 | OrdinaryDividend |
Jul 13, 2011 | $0.427 | OrdinaryDividend |
Dec 20, 2010 | $0.220 | OrdinaryDividend |
Jul 16, 2010 | $0.079 | OrdinaryDividend |
Dec 21, 2009 | $0.378 | OrdinaryDividend |
Jul 16, 2009 | $0.241 | OrdinaryDividend |
Dec 19, 2008 | $0.542 | OrdinaryDividend |
Jul 15, 2008 | $0.463 | OrdinaryDividend |
Dec 27, 2007 | $0.851 | OrdinaryDividend |
Dec 27, 2006 | $0.536 | OrdinaryDividend |
Jul 11, 2006 | $0.061 | OrdinaryDividend |
Dec 28, 2005 | $0.313 | OrdinaryDividend |
Jul 06, 2005 | $0.053 | OrdinaryDividend |
Dec 28, 2004 | $0.539 | OrdinaryDividend |
Jul 12, 2004 | $0.125 | OrdinaryDividend |
Dec 24, 2003 | $0.514 | OrdinaryDividend |
Jul 11, 2003 | $0.108 | OrdinaryDividend |
Dec 27, 2002 | $0.590 | OrdinaryDividend |
Jul 09, 2002 | $0.102 | OrdinaryDividend |
Dec 27, 2001 | $0.385 | OrdinaryDividend |