GMO Strategic Opportunities Allocation Fund (GBATX)
The fund invests a significant portion of its assets in shares of other series of GMO Trust (collectively, the âunderlying GMO Fundsâ), which may include the Equity Funds, the Fixed Income Funds, the Implementation Funds, and the Alternative Funds. The fund may invest in derivatives and effect short sales directly or through its investment in underlying GMO Funds.
Fund Info
ISIN | US3620081618 |
---|---|
Issuer | GMO |
Inception Date | May 30, 2005 |
Category | Global Allocation |
Min. Investment | $5,000,000 |
Asset Class | Multi-Asset |
Asset Class Size | Large-Cap |
Asset Class Style | Value |
Expense Ratio
GBATX has a high expense ratio of 0.32%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in GMO Strategic Opportunities Allocation Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
GMO Strategic Opportunities Allocation Fund had a return of 5.98% year-to-date (YTD) and 18.74% in the last 12 months. Over the past 10 years, GMO Strategic Opportunities Allocation Fund had an annualized return of 5.15%, while the S&P 500 had an annualized return of 10.84%, indicating that GMO Strategic Opportunities Allocation Fund did not perform as well as the benchmark.
Period | Return | Benchmark |
---|---|---|
Year-To-Date | 5.98% | 10.00% |
1 month | 2.99% | 2.41% |
6 months | 13.37% | 16.70% |
1 year | 18.74% | 26.85% |
5 years (annualized) | 7.41% | 12.81% |
10 years (annualized) | 5.15% | 10.84% |
Monthly Returns
The table below presents the monthly returns of GBATX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | 0.06% | 1.33% | 3.34% | -2.02% | 5.98% | ||||||||
2023 | 6.15% | -2.01% | 0.32% | 1.22% | -2.53% | 4.54% | 3.38% | -1.81% | -1.04% | -2.67% | 5.87% | 5.36% | 17.36% |
2022 | 0.32% | -3.97% | -2.07% | -3.59% | 2.60% | -7.37% | 2.99% | -2.83% | -7.38% | 4.13% | 8.80% | -2.24% | -11.27% |
2021 | 0.78% | 3.70% | 3.58% | 1.12% | 3.28% | -2.28% | -1.13% | 1.02% | -2.25% | 1.03% | -2.67% | 4.80% | 11.16% |
2020 | -2.48% | -5.34% | -13.49% | 7.98% | 2.43% | 2.48% | 3.63% | 2.05% | -1.80% | -1.41% | 8.93% | 3.86% | 4.83% |
2019 | 6.69% | 0.88% | 0.77% | 2.09% | -4.34% | 5.01% | -0.68% | -2.34% | 2.55% | 2.84% | 1.13% | 3.94% | 19.59% |
2018 | 4.48% | -3.45% | -0.91% | -0.91% | -0.41% | -2.08% | 2.54% | -0.87% | 0.39% | -5.62% | 1.08% | -3.64% | -9.41% |
2017 | 2.28% | 2.22% | 1.57% | 1.40% | 1.87% | 0.48% | 1.91% | 1.13% | 0.75% | 2.32% | 0.54% | 1.34% | 19.30% |
2016 | -3.21% | -0.46% | 6.54% | 0.92% | -0.16% | 0.00% | 2.97% | 0.68% | 0.83% | -1.08% | -0.93% | 1.42% | 7.45% |
2015 | 0.48% | 4.29% | -3.33% | 2.60% | -0.78% | -1.62% | -0.78% | -5.04% | -2.68% | 4.59% | -0.88% | -1.86% | -5.37% |
2014 | -2.34% | 3.86% | 0.81% | 1.69% | 1.75% | 1.10% | -1.76% | 1.01% | -2.60% | -0.04% | 1.03% | -2.32% | 1.98% |
2013 | 3.53% | 0.28% | 2.10% | 3.51% | -0.84% | -2.04% | 3.86% | -2.08% | 4.25% | 3.82% | 1.25% | 1.01% | 19.98% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of GBATX is 73, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
GBATX (GMO Strategic Opportunities Allocation Fund)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for GMO Strategic Opportunities Allocation Fund (GBATX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
GMO Strategic Opportunities Allocation Fund granted a 5.70% dividend yield in the last twelve months. The annual payout for that period amounted to $1.00 per share.
Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Dividend | $1.00 | $1.00 | $1.51 | $4.31 | $0.89 | $1.06 | $1.77 | $0.65 | $0.54 | $1.75 | $2.74 | $1.68 |
Dividend yield | 5.70% | 6.04% | 10.08% | 23.18% | 4.29% | 5.17% | 9.77% | 2.98% | 2.84% | 9.67% | 13.13% | 7.28% |
Monthly Dividends
The table displays the monthly dividend distributions for GMO Strategic Opportunities Allocation Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||||||
2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.00 | $0.00 | $0.92 | $1.00 |
2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.64 | $0.00 | $0.00 | $0.00 | $0.00 | $0.87 | $1.51 |
2021 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.43 | $0.00 | $2.83 | $4.31 |
2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.23 | $0.00 | $0.00 | $0.00 | $0.00 | $0.65 | $0.89 |
2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.31 | $0.00 | $0.00 | $0.00 | $0.00 | $0.76 | $1.06 |
2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.92 | $0.00 | $0.00 | $0.00 | $0.00 | $0.85 | $1.77 |
2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.00 | $0.00 | $0.60 | $0.65 |
2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.00 | $0.00 | $0.47 | $0.54 |
2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.75 | $1.75 |
2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.48 | $0.00 | $0.00 | $0.00 | $0.00 | $1.27 | $2.74 |
2013 | $0.29 | $0.00 | $0.00 | $0.00 | $0.00 | $1.39 | $1.68 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the GMO Strategic Opportunities Allocation Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the GMO Strategic Opportunities Allocation Fund was 35.24%, occurring on Mar 9, 2009. Recovery took 460 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
---|---|---|---|---|---|---|
-35.24% | Oct 30, 2007 | 340 | Mar 9, 2009 | 460 | Jan 3, 2011 | 800 |
-29.68% | Jan 21, 2020 | 44 | Mar 23, 2020 | 172 | Nov 24, 2020 | 216 |
-22.58% | Jan 18, 2022 | 178 | Sep 30, 2022 | 310 | Dec 26, 2023 | 488 |
-16.99% | Jul 7, 2014 | 390 | Jan 21, 2016 | 269 | Feb 14, 2017 | 659 |
-16.75% | Jan 29, 2018 | 229 | Dec 24, 2018 | 244 | Dec 12, 2019 | 473 |
Volatility
Volatility Chart
The current GMO Strategic Opportunities Allocation Fund volatility is 2.28%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.