GMO Benchmark-Free Allocation Fund
Name
As of 05/01/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
1.9%
1 yr return
6.2%
3 Yr Avg Return
1.6%
5 Yr Avg Return
2.4%
Net Assets
$3.86 B
Holdings in Top 10
100.0%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.24%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 7.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$5,000,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 05/01/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
GBMFX - Profile
Distributions
- YTD Total Return 1.9%
- 3 Yr Annualized Total Return 1.6%
- 5 Yr Annualized Total Return 2.4%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 2.15%
- Dividend Yield 0.0%
- Dividend Distribution Frequency SemiAnnual
Fund Details
-
Legal NameGMO Benchmark-Free Allocation Fund
-
Fund Family NameGMO Mutual Funds
-
Inception DateJul 23, 2003
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerBen Inker
Fund Description
GBMFX - Performance
Return Ranking - Trailing
Period | GBMFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.9% | -23.7% | 16.4% | 18.88% |
1 Yr | 6.2% | -8.9% | 48.3% | 93.35% |
3 Yr | 1.6%* | -2.2% | 16.4% | 95.10% |
5 Yr | 2.4%* | -0.7% | 13.4% | 94.63% |
10 Yr | 2.3%* | 0.9% | 11.8% | 90.25% |
* Annualized
Return Ranking - Calendar
Period | GBMFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 7.3% | -40.8% | 20.6% | 68.29% |
2022 | -5.3% | -21.0% | 24.5% | 92.71% |
2021 | 0.5% | -24.2% | 27.8% | 85.98% |
2020 | -6.1% | -23.1% | 11.7% | 19.40% |
2019 | 8.0% | -100.0% | 20.6% | 43.32% |
Total Return Ranking - Trailing
Period | GBMFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.9% | -23.7% | 16.4% | 18.24% |
1 Yr | 6.2% | -12.8% | 48.3% | 87.08% |
3 Yr | 1.6%* | -3.4% | 16.4% | 94.98% |
5 Yr | 2.4%* | -1.1% | 13.4% | 94.51% |
10 Yr | 2.3%* | 0.9% | 11.8% | 89.78% |
* Annualized
Total Return Ranking - Calendar
Period | GBMFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 7.6% | -40.8% | 20.6% | 68.29% |
2022 | -2.3% | -21.0% | 24.5% | 92.71% |
2021 | 3.0% | -24.2% | 27.8% | 87.85% |
2020 | -2.5% | -23.1% | 11.7% | 6.20% |
2019 | 11.6% | -2.9% | 23.1% | 50.41% |
NAV & Total Return History
GBMFX - Holdings
Concentration Analysis
GBMFX | Category Low | Category High | GBMFX % Rank | |
---|---|---|---|---|
Net Assets | 3.86 B | 1.12 M | 110 B | 14.04% |
Number of Holdings | 5 | 2 | 10961 | 97.49% |
Net Assets in Top 10 | 3.53 B | -31.7 M | 22 B | 5.64% |
Weighting of Top 10 | 100.05% | 10.8% | 100.0% | 2.56% |
Top 10 Holdings
- GMO Implementation Fund 91.78%
- GMO Opportunistic Income Fund 4.03%
- GMO Emerging Country Debt 3.09%
- GMO High Yield Fund 1.02%
- State Street Institutional Treasury Money Market Fund 0.13%
Asset Allocation
Weighting | Return Low | Return High | GBMFX % Rank | |
---|---|---|---|---|
Stocks | 99.92% | -45.72% | 98.42% | 98.12% |
Cash | 0.13% | -97.12% | 185.58% | 5.64% |
Preferred Stocks | 0.00% | -0.03% | 14.00% | 78.29% |
Other | 0.00% | -1.25% | 197.12% | 0.42% |
Convertible Bonds | 0.00% | 0.00% | 25.49% | 82.88% |
Bonds | 0.00% | -39.76% | 93.84% | 98.96% |
Stock Sector Breakdown
Weighting | Return Low | Return High | GBMFX % Rank | |
---|---|---|---|---|
Utilities | 0.00% | 0.00% | 40.29% | 67.73% |
Technology | 0.00% | 0.00% | 39.48% | 56.48% |
Real Estate | 0.00% | 0.00% | 90.14% | 49.47% |
Industrials | 0.00% | 0.09% | 32.39% | 19.32% |
Healthcare | 0.00% | 0.00% | 30.30% | 71.34% |
Financial Services | 0.00% | 0.00% | 30.34% | 9.13% |
Energy | 0.00% | 0.00% | 38.61% | 60.08% |
Communication Services | 0.00% | 0.00% | 28.59% | 48.83% |
Consumer Defense | 0.00% | 0.00% | 31.85% | 74.10% |
Consumer Cyclical | 0.00% | 0.00% | 20.84% | 12.53% |
Basic Materials | 0.00% | 0.00% | 60.23% | 21.66% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | GBMFX % Rank | |
---|---|---|---|---|
US | 99.92% | -4.82% | 95.75% | 98.54% |
Non US | 0.00% | -46.69% | 57.06% | 97.29% |
GBMFX - Expenses
Operational Fees
GBMFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.24% | 0.16% | 2.71% | 59.29% |
Management Fee | 0.80% | 0.00% | 1.70% | 84.58% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.70% | N/A |
Sales Fees
GBMFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.00% | 5.75% | 86.21% |
Deferred Load | N/A | 1.00% | 5.50% | N/A |
Trading Fees
GBMFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 2.00% | 2.00% | 60.00% |
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.
GBMFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 7.00% | 0.00% | 441.00% | 8.13% |
GBMFX - Distributions
Dividend Yield Analysis
GBMFX | Category Low | Category High | GBMFX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 10.92% | 11.23% |
Dividend Distribution Analysis
GBMFX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | SemiAnnual | Annually | Monthly | Monthly |
Net Income Ratio Analysis
GBMFX | Category Low | Category High | GBMFX % Rank | |
---|---|---|---|---|
Net Income Ratio | 2.15% | -5.20% | 6.33% | 45.75% |
Capital Gain Distribution Analysis
GBMFX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Jul 14, 2023 | $0.075 | OrdinaryDividend |
Dec 22, 2022 | $0.774 | OrdinaryDividend |
Dec 23, 2021 | $0.629 | OrdinaryDividend |
Dec 23, 2020 | $0.769 | OrdinaryDividend |
Dec 24, 2019 | $0.881 | OrdinaryDividend |
Dec 21, 2018 | $0.869 | OrdinaryDividend |
Jul 13, 2018 | $0.029 | OrdinaryDividend |
Dec 26, 2017 | $0.616 | OrdinaryDividend |
Jul 13, 2017 | $0.041 | OrdinaryDividend |
Dec 27, 2016 | $0.394 | OrdinaryDividend |
Jul 14, 2016 | $0.004 | OrdinaryDividend |
Dec 28, 2012 | $0.136 | OrdinaryDividend |
Jul 10, 2012 | $0.047 | OrdinaryDividend |
Dec 30, 2011 | $0.134 | OrdinaryDividend |
Sep 02, 2011 | $0.039 | ExtraDividend |
Jul 06, 2011 | $0.029 | OrdinaryDividend |
Jun 14, 2011 | $0.143 | ExtraDividend |
Dec 31, 2010 | $0.367 | OrdinaryDividend |
Jul 09, 2010 | $0.044 | OrdinaryDividend |
Dec 31, 2009 | $0.599 | OrdinaryDividend |
Jul 08, 2009 | $0.145 | OrdinaryDividend |
Dec 31, 2008 | $3.375 | OrdinaryDividend |
Jul 09, 2008 | $0.309 | OrdinaryDividend |
Dec 31, 2007 | $1.048 | OrdinaryDividend |
GBMFX - Fund Manager Analysis
Managers
Ben Inker
Start Date
Tenure
Tenure Rank
Jul 23, 2003
18.87
18.9%
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 |
---|---|---|---|
0.03 | 30.27 | 6.52 | 9.25 |