GMO-Usonian Japan Value Creation Fund
Name
As of 04/26/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
3.8%
1 yr return
16.6%
3 Yr Avg Return
N/A
5 Yr Avg Return
N/A
Net Assets
$113 M
Holdings in Top 10
40.5%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.96%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/26/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
GMIIX - Profile
Distributions
- YTD Total Return 3.8%
- 3 Yr Annualized Total Return N/A
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 0.79%
- Dividend Yield 6.6%
- Dividend Distribution Frequency SemiAnnual
Fund Details
-
Legal NameGMO-Usonian Japan Value Creation Fund
-
Fund Family NameGMO Mutual Funds
-
Inception DateJun 07, 2021
-
Shares OutstandingN/A
-
Share ClassI
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerDrew Edwards
Fund Description
GMIIX - Performance
Return Ranking - Trailing
Period | GMIIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 3.8% | -3.1% | 23.1% | 52.63% |
1 Yr | 16.6% | -1.4% | 53.1% | 42.11% |
3 Yr | N/A* | -12.3% | 25.9% | N/A |
5 Yr | N/A* | -3.4% | 19.2% | N/A |
10 Yr | N/A* | 1.8% | 13.2% | N/A |
* Annualized
Return Ranking - Calendar
Period | GMIIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 16.2% | 0.0% | 36.8% | 47.37% |
2022 | -17.8% | -34.0% | 2.8% | 40.54% |
2021 | N/A | -15.7% | 14.9% | N/A |
2020 | N/A | -6.2% | 31.2% | N/A |
2019 | N/A | 4.7% | 24.4% | N/A |
Total Return Ranking - Trailing
Period | GMIIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 3.8% | -3.1% | 23.1% | 52.63% |
1 Yr | 16.6% | -1.4% | 53.1% | 42.11% |
3 Yr | N/A* | -12.3% | 25.9% | N/A |
5 Yr | N/A* | -3.4% | 19.2% | N/A |
10 Yr | N/A* | 1.8% | 13.2% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | GMIIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 21.6% | 2.0% | 42.0% | 34.21% |
2022 | -12.9% | -32.8% | 5.9% | 32.43% |
2021 | N/A | -15.1% | 18.0% | N/A |
2020 | N/A | -3.2% | 34.7% | N/A |
2019 | N/A | 7.7% | 26.7% | N/A |
NAV & Total Return History
GMIIX - Holdings
Concentration Analysis
GMIIX | Category Low | Category High | GMIIX % Rank | |
---|---|---|---|---|
Net Assets | 113 M | 6.23 M | 16.7 B | 76.32% |
Number of Holdings | 34 | 28 | 1791 | 86.84% |
Net Assets in Top 10 | 43.3 M | 2.15 M | 4.4 B | 60.53% |
Weighting of Top 10 | 40.47% | 3.5% | 100.0% | 13.16% |
Top 10 Holdings
- SUMCO Corp 4.56%
- Mitsubishi Electric Corp 4.48%
- H.U. Group Holdings Inc 4.28%
- FUJIFILM Holdings Corp 4.22%
- NEC Corp 4.04%
- TD Holdings Inc 3.97%
- Sumitomo Mitsui Financial Group Inc 3.88%
- NH Foods Ltd 3.80%
- THK Co Ltd 3.70%
- Denka Co Ltd 3.55%
Asset Allocation
Weighting | Return Low | Return High | GMIIX % Rank | |
---|---|---|---|---|
Stocks | 97.25% | 93.56% | 104.16% | 76.32% |
Cash | 2.75% | 0.02% | 8.41% | 39.47% |
Preferred Stocks | 0.00% | 0.00% | 1.22% | 13.16% |
Other | 0.00% | -5.55% | 2.39% | 26.32% |
Convertible Bonds | 0.00% | 0.00% | 0.00% | 7.89% |
Bonds | 0.00% | 0.00% | 0.08% | 10.53% |
GMIIX - Expenses
Operational Fees
GMIIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.96% | 0.09% | 3.46% | 36.84% |
Management Fee | 0.65% | 0.09% | 0.90% | 47.37% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.15% | 0.20% | N/A |
Sales Fees
GMIIX 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% | 1.00% | N/A |
Trading Fees
GMIIX 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.
GMIIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 2.95% | 70.30% | 89.47% |
GMIIX - Distributions
Dividend Yield Analysis
GMIIX | Category Low | Category High | GMIIX % Rank | |
---|---|---|---|---|
Dividend Yield | 6.56% | 0.00% | 21.54% | 15.79% |
Dividend Distribution Analysis
GMIIX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | SemiAnnual | Annual | SemiAnnual | Annual |
Net Income Ratio Analysis
GMIIX | Category Low | Category High | GMIIX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.79% | -0.63% | 2.45% | 52.63% |
Capital Gain Distribution Analysis
GMIIX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 13, 2023 | $0.644 | OrdinaryDividend |
Jul 12, 2023 | $0.214 | OrdinaryDividend |
Dec 14, 2022 | $0.080 | OrdinaryDividend |
GMIIX - Fund Manager Analysis
Managers
Drew Edwards
Start Date
Tenure
Tenure Rank
Aug 14, 2020
1.79
1.8%
Drew Edwards, JD, MBA, Head, Usonian Japan Equity Team, GMO. Prior to joining GMO in August 2020, Mr. Edwards was the Chief Executive Officer, Chief Investment Officer and Portfolio Manager for Usonian Investments LLC. Prior to Usonian Investments, he was managing director and portfolio manager at Advisory Research, Inc. Prior to Advisory Research, Drew was an investment professional at Taiyo Pacific Partners, an activist fund backed by CalPERS and W. L. Ross that focuses on Japanese equities. Before Taiyo, he worked as an investment banker at Lehman Brothers and as a finance executive in the healthcare industry. Drew holds a B.A. in International Business from Sophia University (Tokyo) and an M.B.A. and J.D. from Northwestern University. Drew is proficient in Japanese.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 24.43 | 7.11 | 8.25 |