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Name

As of 06/01/2026

Price

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

GMO MAC Implementation Fund

GMIHX | Fund

$10.26

$27.2 M

3.44%

$0.36

0.73%

Vitals

YTD Return

-3.0%

1 yr return

3.4%

3 Yr Avg Return

N/A

5 Yr Avg Return

N/A

Net Assets

$27.2 M

Holdings in Top 10

163.0%

52 WEEK LOW AND HIGH

$10.3
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.73%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A

Min Investment

Standard (Taxable)

N/A

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 06/01/2026

Price

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

GMO MAC Implementation Fund

GMIHX | Fund

$10.26

$27.2 M

3.44%

$0.36

0.73%

GMIHX - Profile

Distributions

  • YTD Total Return -3.0%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio N/A
DIVIDENDS
  • Dividend Yield 3.4%
  • Dividend Distribution Frequency SemiAnnual

Fund Details

  • Legal Name
    GMO MAC Implementation Fund
  • Fund Family Name
    GMO Mutual Funds
  • Inception Date
    May 22, 2025
  • Shares Outstanding
    N/A
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    US

Fund Description

The investment strategies GMO pursues for the Fund are intended to complement the strategies it is pursuing for GMO Multi-Asset Credit Fund and other funds and accounts it manages. Accordingly, the Fund is not intended to serve as a standalone investment. The Fund invests in a portfolio of fixed income instruments of varying maturities, which may be represented by bonds, forward contracts or derivatives such as options, futures contracts, or swap agreements. GMO uses a variety of fundamental and quantitative processes to manage the Fund. GMO evaluates the relative attractiveness of particular fixed income markets and instruments using various fixed income risk premium measures.  The Fund may invest in bonds of any maturity, duration, and credit quality. The Fund may invest in any sector of the bond market and is not required to maintain a minimum or maximum allocation of investments in any one sector. The sectors, types of bonds and other investments to which the Fund may obtain exposure include, but are not limited to: ●inflation-indexed bonds issued by the U.S. government (including Inflation-Protected Securities) and non-U.S. governments and their respective agencies or instrumentalities (whether or not guaranteed or insured by those governments) and inflation-indexed bonds issued by corporations; ●investment grade bonds denominated in various currencies, including bonds issued by the U.S. and non-U.S. governments and their respective agencies or instrumentalities (whether or not guaranteed or insured by those governments), corporations and municipalities (taxable and tax-exempt); ●leveraged loans;●below investment grade bonds (commonly referred to as “high yield” or “junk bonds”); ●emerging country sovereign and quasi-sovereign debt; and ●asset-backed securities, including mortgage related and mortgage-backed securities. The Fund also may invest in exchange-traded funds (ETFs) and exchange-traded and over-the-counter (OTC) derivatives, including futures contracts, currency options, forward currency contracts, repurchase agreements and reverse repurchase agreements, swap contracts (such as credit default swaps, swaps on securities and securities indices, total return swaps, interest rate swaps, currency swaps, cross currency basis swaps, commodity swaps, inflation swaps, municipal swaps, and other types of swaps), interest rate options, and other types of derivatives. In addition, the Fund may lend its portfolio securities. The Fund is not limited in its use of derivatives or in the total notional value of its derivative positions. Leverage is not a primary component of the investment strategy.  However, because of its derivative positions, the Fund may at times have gross investment exposure in excess of its net assets (i.e., the Fund may be leveraged) and, therefore, may be subject to higher risk of loss during those times than if the Fund were not leveraged. The Fund’s performance can depend substantially on the performance of assets or indices underlying its derivatives even though it does not own those assets or indices. GMO does not seek to maintain a specified interest rate duration for the Fund, and the Fund’s interest rate duration will change depending on the Fund’s investments and GMO’s assessment of different sectors of the bond market. The Fund’s interest rate duration may be positive or negative. The Fund may invest in securities of companies of any market capitalization.  In seeking to achieve the Fund’s investment objective, GMO may invest a significant portion of the Fund’s net assets in cash and cash equivalents.  The Fund may also invest in GMO U.S. Treasury Fund, in money market funds unaffiliated with GMO, and directly in the types of investments typically held by money market funds.   
Read More

GMIHX - Performance

Return Ranking - Trailing

Period GMIHX Return Category Return Low Category Return High Rank in Category (%)
YTD -3.0% N/A N/A N/A
1 Yr 3.4% N/A N/A N/A
3 Yr N/A* N/A N/A N/A
5 Yr N/A* N/A N/A N/A
10 Yr N/A* N/A N/A N/A

* Annualized

Return Ranking - Calendar

Period GMIHX Return Category Return Low Category Return High Rank in Category (%)
2025 N/A N/A N/A N/A
2024 N/A N/A N/A N/A
2023 N/A N/A N/A N/A
2022 N/A N/A N/A N/A
2021 N/A N/A N/A N/A

Total Return Ranking - Trailing

Period GMIHX Return Category Return Low Category Return High Rank in Category (%)
YTD -3.0% N/A N/A N/A
1 Yr 3.4% N/A N/A N/A
3 Yr N/A* N/A N/A N/A
5 Yr N/A* N/A N/A N/A
10 Yr N/A* N/A N/A N/A

* Annualized

Total Return Ranking - Calendar

Period GMIHX Return Category Return Low Category Return High Rank in Category (%)
2025 N/A N/A N/A N/A
2024 N/A N/A N/A N/A
2023 N/A N/A N/A N/A
2022 N/A N/A N/A N/A
2021 N/A N/A N/A N/A

NAV & Total Return History

GMIHX - Holdings

Concentration Analysis

GMIHX Category Low Category High GMIHX % Rank
Net Assets 27.2 M N/A N/A N/A
Number of Holdings 25 N/A N/A N/A
Net Assets in Top 10 44.3 M N/A N/A N/A
Weighting of Top 10 163.01% N/A N/A N/A

Top 10 Holdings

  1. U.S. Treasury Floating Rate Notes 81.15%
  2. Uniform Mortgage-Backed Security, TBA 59.23%
  3. U.S. Treasury Floating Rate Notes 12.68%
  4. U.S. Treasury Floating Rate Notes 6.05%
  5. SWAP/CDSWAP/ICE: (ITRAXX.XO.44.V1) 1.72%
  6. SWAP/CDSWAP/ICE: (CDX.NA.HY.45.V1) 1.23%
  7. SWAP/CDSWAP/ICE: (CDX.EM.44.V1) 0.46%
  8. TRSWAP: IBXXLLTR INDEX 0.19%
  9. State Street Institutional Treasury Money Market Fund 0.16%
  10. TRSWAP: IBXXLLTR INDEX 0.13%

Asset Allocation

Weighting Return Low Return High GMIHX % Rank
Bonds 		159.11% N/A N/A N/A
Other 		3.82% N/A N/A N/A
Cash 		0.16% N/A N/A N/A
Stocks 		0.00% N/A N/A N/A
Preferred Stocks 		0.00% N/A N/A N/A
Convertible Bonds 		0.00% N/A N/A N/A

Bond Sector Breakdown

Weighting Return Low Return High GMIHX % Rank
Derivative 		3.82% N/A N/A N/A
Cash & Equivalents 		0.16% N/A N/A N/A
Securitized 		0.00% N/A N/A N/A
Corporate 		0.00% N/A N/A N/A
Municipal 		0.00% N/A N/A N/A
Government 		0.00% N/A N/A N/A

Bond Geographic Breakdown

Weighting Return Low Return High GMIHX % Rank
US 		159.11% N/A N/A N/A
Non US 		0.00% N/A N/A N/A

GMIHX - Expenses

Operational Fees

GMIHX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.73% N/A N/A N/A
Management Fee 0.00% N/A N/A N/A
12b-1 Fee N/A N/A N/A N/A
Administrative Fee N/A N/A N/A N/A

Sales Fees

GMIHX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A N/A N/A N/A
Deferred Load N/A N/A N/A N/A

Trading Fees

GMIHX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A 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.

GMIHX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A N/A N/A N/A

GMIHX - Distributions

Dividend Yield Analysis

GMIHX Category Low Category High GMIHX % Rank
Dividend Yield 3.44% N/A N/A N/A

Dividend Distribution Analysis

GMIHX Category Low Category High Category Mod
Dividend Distribution Frequency SemiAnnual

Net Income Ratio Analysis

GMIHX Category Low Category High GMIHX % Rank
Net Income Ratio N/A N/A N/A N/A

Capital Gain Distribution Analysis

GMIHX Category Low Category High Capital Mode
Capital Gain Distribution Frequency

Distributions History

View More +

GMIHX - Fund Manager Analysis

Tenure Analysis

Category Low Category High Category Average Category Mode
N/A N/A N/A N/A

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