GMO Asset Allocation Bond Fund Class III

 (MUTF:GMOBX)   Watch this mutual fund  
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Performance

Trailing returns

1 day   +0.04%
   
1 week
   
-0.13%  
4 week   +0.32%
   
3 month   +0.09%
   
YTD   +1.32%
   
1 year
   
-1.76%  
3 years*   +0.60%
   
5 years*   +0.92%
   
*annualized
Best 3 month return+6.03%  
Worst 3 month return-8.91%  

Morningstar statistics

Morningstar category: Multisector Bond
  Return Risk Rating
3 years Low High
5 years Low Average
10 years     -     - -
Overall Low Above Average

Key statistics

Total assets2.09B 
Front load-  
Deferred load-  
Expense ratio0.42%  
Management fee-  
Fund familyGMO 

Asset allocation

Cash41.80%  
Stocks2.05%  
Bonds62.19%  
Preferred0.02%  
Other-6.06%  

Purchase information

Initial$10,000,000  
22.28+0.01(0.04%)
Jul 25, 8:00PM EDT Overall Morningstar RatingTM

Description

The investment seeks total return in excess of that of its benchmark, the Citigroup 3 Month Treasury Bill Index. Under normal circumstances, the fund invests directly and indirectly (e.g., through other GMO Funds or derivatives) at least 80% of its assets in bonds. The term "bond" includes (i) obligations of an issuer to make payments on future dates of principal, interest (whether fixed or variable) or both and (ii) synthetic debt instruments created by GMO by using derivatives (e.g., a futures contract, swap contract, currency forward, or option). It is non-diversified.
Fund filings (PDF) »
Asset managers:
Sam Wilderman (Started: Nov 3, 2014)
Greg Jones (Started: Feb 6, 2015)
Jason Hotra (Started: Jun 1, 2016)
Ben Inker (Started: Nov 3, 2014)
Advisor Company:
Grantham, Mayo, Van Otterloo & Co., LLC
Fund family reports on Morningstar »
GMO, 40 Rowes Wharf, Boston,MA 02110, USA
617-261-0134 (Fax)

Risk

  1 year 3 years 5 years 10 years  
Alpha* -4.40 -3.09 -1.15     -
Beta* 0.50 1.00 0.58     -
Mean annual return -0.12 0.08 0.09     -
R-squared* 11.77 17.24 10.69     -
Standard deviation 3.34 6.36 4.92     -
Sharpe ratio -0.47 0.13 0.20     -
* Against standard index

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