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GMO International Equity Allocation Fund
mutual fund
GSXMX
Payout Change
Pending
Price as of:
$29.44
-0.21
-0.71%
primary theme
International Large-Cap Value Equity
share class
GSXMX (Mutual Fund)
GMO International Equity Allocation Fund
Payout Change
Pending
Price as of:
$29.44
-0.21
-0.71%
primary theme
International Large-Cap Value Equity
share class
GSXMX (Mutual Fund)
GMO International Equity Allocation Fund
Payout Change
Pending
Price as of:
$29.44
-0.21
-0.71%
primary theme
International Large-Cap Value Equity
share class
Name
As of 12/12/2024Price
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
8.5%
1 yr return
12.6%
3 Yr Avg Return
2.8%
5 Yr Avg Return
4.6%
Net Assets
$300 M
Holdings in Top 10
100.0%
52 WEEK LOW AND HIGH
$29.7
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.71%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 18.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/12/2024Price
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
GSXMX - Profile
Distributions
- YTD Total Return 8.5%
- 3 Yr Annualized Total Return 2.8%
- 5 Yr Annualized Total Return 4.6%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 5.20%
- Dividend Yield 2.3%
- Dividend Distribution Frequency SemiAnnual
Fund Details
-
Legal NameGMO International Equity Allocation Fund
-
Fund Family NameGMO Mutual Funds
-
Inception DateAug 30, 2019
-
Shares OutstandingN/A
-
Share ClassR6
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerBen Inker
Fund Description
The Fund is a fund of funds and invests primarily in equities traded in non-U.S. markets (including emerging markets) through its investment in Equity Funds and GMO-managed exchange-traded funds (collectively, the “underlying GMO Funds”) (see “Additional Information About the Funds’ Investment Strategies, Risks, and Expenses — Asset Allocation Funds”). The Fund also may invest directly in securities (including other underlying funds) and derivatives.GMO uses its quantitative multi-year forecasts of returns among asset classes, together with its assessment of the relative risks of asset classes, to determine the asset classes in which the Fund invests and how much the Fund invests in each asset class. An important component of those forecasts is GMO’s expectation that valuations ultimately revert to their fundamental fair (or intrinsic) value over a complete market cycle. GMO changes the Fund’s asset class exposures in response to changes in GMO’s investment outlook and its assessment of market valuations and may use redemptions or purchases of Fund shares to rebalance the Fund’s investments. The factors GMO considers and investment methods GMO uses can change over time.Under normal circumstances, the Fund invests (including through its investment in the underlying GMO Funds) at least 80% of its assets in equities (see “Name Policies”).The Fund may invest in securities of companies of any market capitalization. In addition, the Fund may lend its portfolio securities.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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GSXMX - Performance
Return Ranking - Trailing
| Period | GSXMX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 8.5% | -2.2% | 20.4% | 35.55% |
| 1 Yr | 12.6% | -2.4% | 25.6% | 23.92% |
| 3 Yr | 2.8%* | -3.2% | 81.0% | 88.96% |
| 5 Yr | 4.6%* | 0.3% | 45.8% | 73.29% |
| 10 Yr | N/A* | 0.4% | 23.4% | 89.60% |
* Annualized
Return Ranking - Calendar
| Period | GSXMX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 12.1% | 1.0% | 26.9% | 57.52% |
| 2022 | -22.8% | -27.8% | 166.1% | 98.03% |
| 2021 | 1.8% | -66.6% | 64.4% | 88.33% |
| 2020 | 2.6% | -17.0% | 17.3% | 25.09% |
| 2019 | N/A | 4.4% | 31.6% | N/A |
Total Return Ranking - Trailing
| Period | GSXMX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 8.5% | -2.2% | 20.4% | 35.55% |
| 1 Yr | 12.6% | -2.4% | 25.6% | 23.92% |
| 3 Yr | 2.8%* | -3.2% | 81.0% | 88.96% |
| 5 Yr | 4.6%* | 0.3% | 45.8% | 73.29% |
| 10 Yr | N/A* | 0.4% | 23.4% | 87.60% |
* Annualized
Total Return Ranking - Calendar
| Period | GSXMX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 20.2% | 5.4% | 31.0% | 14.71% |
| 2022 | -18.9% | -19.9% | 344.3% | 98.36% |
| 2021 | 8.6% | -0.2% | 75.3% | 85.33% |
| 2020 | 7.0% | -11.8% | 18.9% | 10.10% |
| 2019 | N/A | 11.2% | 32.1% | N/A |
NAV & Total Return History
GSXMX - Holdings
Concentration Analysis
| GSXMX | Category Low | Category High | GSXMX % Rank | |
|---|---|---|---|---|
| Net Assets | 300 M | 3.42 M | 46.7 B | 68.73% |
| Number of Holdings | 5 | 2 | 2513 | 97.39% |
| Net Assets in Top 10 | 315 M | 628 K | 14.6 B | 34.20% |
| Weighting of Top 10 | 100.02% | 6.2% | 100.0% | 0.98% |
Top 10 Holdings
- GMO International Equity Fund 47.05%
- GMO Emerging Markets Fund 27.45%
- GMO International Opportunistic Value Fund 18.21%
- GMO-Usonian Japan Value Creation Fund 7.23%
- State Street Institutional Treasury Money Market Fund 0.08%
Asset Allocation
| Weighting | Return Low | Return High | GSXMX % Rank | |
|---|---|---|---|---|
| Stocks | 99.94% | 6.62% | 104.54% | 3.58% |
| Cash | 0.08% | 0.00% | 13.78% | 92.83% |
| Preferred Stocks | 0.00% | 0.00% | 3.92% | 99.02% |
| Other | 0.00% | -1.10% | 29.32% | 92.51% |
| Convertible Bonds | 0.00% | 0.00% | 0.15% | 94.79% |
| Bonds | 0.00% | 0.00% | 100.21% | 96.09% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | GSXMX % Rank | |
|---|---|---|---|---|
| Financial Services | 17.60% | 0.00% | 42.76% | 71.38% |
| Industrials | 17.26% | 1.03% | 36.79% | 15.46% |
| Consumer Cyclical | 13.92% | 0.00% | 27.46% | 21.05% |
| Technology | 11.78% | 0.00% | 24.16% | 12.83% |
| Basic Materials | 10.23% | 0.00% | 30.76% | 30.26% |
| Healthcare | 9.52% | 0.00% | 23.28% | 61.51% |
| Consumer Defense | 8.78% | 0.00% | 31.84% | 47.04% |
| Communication Services | 6.84% | 0.29% | 22.75% | 51.64% |
| Utilities | 1.47% | 0.00% | 27.46% | 79.28% |
| Energy | 1.33% | 0.00% | 26.59% | 88.82% |
| Real Estate | 1.26% | 0.00% | 17.06% | 63.82% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | GSXMX % Rank | |
|---|---|---|---|---|
| US | 99.94% | 0.00% | 100.40% | 0.98% |
| Non US | 0.00% | 0.00% | 99.66% | 99.67% |
GSXMX - Expenses
Operational Fees
| GSXMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.71% | 0.01% | 5.99% | 79.80% |
| Management Fee | 0.00% | 0.00% | 1.25% | 1.96% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.03% | 0.47% | N/A |
Sales Fees
| GSXMX 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
| GSXMX 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.
| GSXMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 18.00% | 2.00% | 158.16% | 10.04% |
GSXMX - Distributions
Dividend Yield Analysis
| GSXMX | Category Low | Category High | GSXMX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 2.34% | 0.00% | 13.19% | 8.82% |
Dividend Distribution Analysis
| GSXMX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | SemiAnnual | SemiAnnual | Quarterly | Quarterly |
Net Income Ratio Analysis
| GSXMX | Category Low | Category High | GSXMX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 5.20% | 0.18% | 7.85% | 3.65% |
Capital Gain Distribution Analysis
| GSXMX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Semi-Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 27, 2023 | $1.739 | OrdinaryDividend |
| Jul 13, 2023 | $0.226 | OrdinaryDividend |
| Dec 28, 2022 | $1.159 | OrdinaryDividend |
| Jul 14, 2022 | $0.070 | OrdinaryDividend |
| Dec 29, 2021 | $1.831 | OrdinaryDividend |
| Jul 13, 2021 | $0.055 | OrdinaryDividend |
| Jul 13, 2021 | $0.057 | CapitalGainShortTerm |
| Jul 13, 2021 | $0.188 | CapitalGainLongTerm |
| Dec 28, 2020 | $1.187 | OrdinaryDividend |
| Jul 09, 2020 | $0.100 | OrdinaryDividend |
| Dec 27, 2019 | $1.101 | OrdinaryDividend |
GSXMX - Fund Manager Analysis
Managers
Ben Inker
Start Date
Tenure
Tenure Rank
Oct 11, 1996
25.65
25.7%
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 |
|---|---|---|---|
| 0.25 | 29.68 | 7.74 | 0.54 |
