GMO Benchmark-Free Allocation Ser PS
Name
As of 01/22/2021Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
2.1%
1 yr return
-2.4%
3 Yr Avg Return
0.9%
5 Yr Avg Return
3.8%
Net Assets
$460 M
Holdings in Top 10
98.9%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.20%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 17.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 01/22/2021Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
GBFPX - Profile
Distributions
- YTD Total Return 2.1%
- 3 Yr Annualized Total Return 0.9%
- 5 Yr Annualized Total Return 3.8%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 3.11%
- Dividend Yield 2.9%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameGMO Benchmark-Free Allocation Series Fund
-
Fund Family NameGMO
-
Inception DateJan 30, 2018
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerBen Inker
Fund Description
GBFPX - Performance
Return Ranking - Trailing
Period | GBFPX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 2.1% | -1.4% | 4.8% | 6.56% |
1 Yr | -2.4% | -23.8% | 32.2% | 89.45% |
3 Yr | 0.9%* | -28.4% | 12.3% | 89.04% |
5 Yr | 3.8%* | 2.1% | 12.9% | 95.98% |
10 Yr | 4.0%* | -2.4% | 11.0% | 82.86% |
* Annualized
Return Ranking - Calendar
Period | GBFPX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -5.2% | -21.0% | 24.5% | 88.89% |
2022 | 7.9% | -46.3% | 27.8% | 85.00% |
2021 | N/A | -41.9% | 1.1% | N/A |
2020 | N/A | -100.0% | 20.6% | N/A |
2019 | N/A | -17.0% | 210.7% | N/A |
Total Return Ranking - Trailing
Period | GBFPX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 2.1% | -1.4% | 7.1% | 6.56% |
1 Yr | -2.4% | -23.8% | 32.2% | 86.41% |
3 Yr | 0.9%* | -28.4% | 12.3% | 87.72% |
5 Yr | 3.8%* | 1.8% | 12.9% | 95.27% |
10 Yr | 4.0%* | -2.4% | 11.0% | 81.90% |
* Annualized
Total Return Ranking - Calendar
Period | GBFPX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -5.2% | -21.0% | 24.5% | 88.89% |
2022 | 7.9% | -46.3% | 27.8% | 86.30% |
2021 | N/A | -41.9% | 1.1% | N/A |
2020 | N/A | -100.0% | 23.1% | N/A |
2019 | N/A | -9.5% | 233.7% | N/A |
NAV & Total Return History
GBFPX - Holdings
Concentration Analysis
GBFPX | Category Low | Category High | GBFPX % Rank | |
---|---|---|---|---|
Net Assets | 460 M | 25 | 104 B | 47.92% |
Number of Holdings | 4 | 1 | 2972 | 98.61% |
Net Assets in Top 10 | 489 M | -2.13 B | 18.8 B | 25.35% |
Weighting of Top 10 | 98.92% | 8.9% | 100.0% | 11.02% |
Top 10 Holdings
- GMO Benchmark-Free Allocation III 98.92%
Asset Allocation
Weighting | Return Low | Return High | GBFPX % Rank | |
---|---|---|---|---|
Bonds | 50.94% | -23.71% | 99.01% | 12.28% |
Stocks | 27.50% | -0.83% | 105.57% | 94.06% |
Cash | 20.65% | -34.04% | 100.00% | 11.09% |
Preferred Stocks | 0.31% | 0.00% | 37.24% | 31.49% |
Convertible Bonds | 0.03% | 0.00% | 26.93% | 75.64% |
Other | -0.01% | -1.15% | 120.34% | 95.84% |
Bond Sector Breakdown
Weighting | Return Low | Return High | GBFPX % Rank | |
---|---|---|---|---|
Derivative | 37.86% | 0.00% | 46.97% | 5.54% |
Government | 28.09% | 0.00% | 97.95% | 47.72% |
Cash & Equivalents | 26.34% | 1.47% | 100.00% | 32.28% |
Securitized | 3.82% | 0.00% | 64.92% | 49.31% |
Corporate | 3.78% | 0.00% | 96.96% | 78.61% |
Municipal | 0.12% | 0.00% | 4.46% | 18.81% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | GBFPX % Rank | |
---|---|---|---|---|
US | 44.32% | -10.74% | 99.01% | 5.74% |
Non US | 6.62% | -28.46% | 55.12% | 54.65% |
GBFPX - Expenses
Operational Fees
GBFPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.20% | 0.01% | 23.75% | 97.34% |
Management Fee | 0.80% | 0.00% | 1.90% | 78.86% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | 0.20% | 0.01% | 0.70% | 85.20% |
Sales Fees
GBFPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.25% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.50% | N/A |
Trading Fees
GBFPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 2.00% | 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.
GBFPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 17.00% | 0.00% | 464.61% | 11.70% |
GBFPX - Distributions
Dividend Yield Analysis
GBFPX | Category Low | Category High | GBFPX % Rank | |
---|---|---|---|---|
Dividend Yield | 2.89% | 0.00% | 6.10% | 65.63% |
Dividend Distribution Analysis
GBFPX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annually | Annually | Quarterly | Annually |
Net Income Ratio Analysis
GBFPX | Category Low | Category High | GBFPX % Rank | |
---|---|---|---|---|
Net Income Ratio | 3.11% | -2.28% | 7.22% | 18.57% |
Capital Gain Distribution Analysis
GBFPX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
GBFPX - Fund Manager Analysis
Managers
Ben Inker
Start Date
Tenure
Tenure Rank
Jan 24, 2013
7.94
7.9%
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
1.51
1.5%
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 |
---|---|---|---|
0.01 | 29.02 | 6.35 | 8.0 |