Morningstar

GMO Opportunistic Income R6 GAAAX

Morningstar Medalist Rating
Medalist Rating as of | See GMO Investment Hub
  • NAV / 1-Day Return 24.26  /  −0.25 %
  • Total Assets 1.6 Bil
  • Adj. Expense Ratio
    0.570%
  • Expense Ratio 0.570%
  • Distribution Fee Level Below Average
  • Share Class Type Retirement, Large
  • Category Nontraditional Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Limited
  • Min. Initial Investment 0
  • Status Open
  • TTM Yield 8.75%
  • Effective Duration 1.96 years

USD | NAV as of Oct 05, 2024 | 1-Day Return as of Oct 05, 2024, 12:29 AM GMT+0

Morningstar’s Analysis GAAAX

Will GAAAX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable GAAAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the GAAAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of GAAAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A strong management team and sound investment process underpin GMO Opportunistic Income R6's Morningstar Medalist Rating of Gold.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a cost advantage over competitors, priced within the cheapest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings GAAAX

More GAAAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 43.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Repo For R 5.31

22.67 360.1 Mil
Cash and Equivalents

2 Year Treasury Note Future Dec 24

14.15 224.8 Mil
Government

Contra Derivatives - Swaps

12.88 204.5 Mil
Cash and Equivalents

Contra Derivatives - Swaptions

7.74 123.0 Mil
—

United States Treasury Notes 5.21523%

6.56 104.2 Mil
Government

Federal National Mortgage Association 6%

4.10 65.2 Mil
Securitized

Cdx-Nahys33v14-5y 35-100%

3.44 54.7 Mil
Derivative

United States Treasury Notes 5.18323%

3.35 53.2 Mil
Government

5 Year Treasury Note Future Dec 24

2.95 46.8 Mil
Government

United States Treasury Notes 5.27823%

2.85 45.2 Mil
Government

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