GMO International Equity Allocation Fund (GIEAX)
The investment seeks total return greater than that of its benchmark, the MSCI ACWI ex USA. Under normal circumstances, the fund invests (including through investment in the underlying funds) at least 80% of its assets in equities. It 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.
Fund Info
US3620072138
Oct 10, 1996
$5,000,000
Large-Cap
Value
Expense Ratio
GIEAX has an expense ratio of 0.01%, which is considered low.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
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Returns By Period
GMO International Equity Allocation Fund (GIEAX) returned 16.40% year-to-date (YTD) and 17.41% over the past 12 months. Over the past 10 years, GIEAX returned 5.34% annually, underperforming the S&P 500 benchmark at 10.84%.
GIEAX
16.40%
4.69%
18.37%
17.41%
12.48%
10.79%
5.34%
^GSPC (Benchmark)
0.52%
6.32%
-1.44%
12.25%
12.45%
14.20%
10.84%
Monthly Returns
The table below presents the monthly returns of GIEAX, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 3.57% | 2.14% | 2.23% | 3.14% | 4.36% | 16.40% | |||||||
| 2024 | -0.66% | 2.42% | 3.08% | -0.97% | 4.38% | -2.32% | 2.98% | 2.67% | 2.14% | -5.16% | -0.65% | 0.58% | 8.40% |
| 2023 | 7.76% | -3.41% | 1.73% | 1.27% | -3.28% | 5.55% | 4.82% | -4.02% | -1.16% | -3.25% | 8.64% | 5.12% | 20.29% |
| 2022 | -1.20% | -5.90% | -3.66% | -5.81% | 2.50% | -8.57% | 1.53% | -3.31% | -9.33% | 3.95% | 13.06% | -1.98% | -18.94% |
| 2021 | 0.83% | 2.83% | 3.06% | 1.83% | 3.95% | -2.04% | -1.82% | 1.45% | -3.53% | 1.39% | -4.92% | 5.18% | 7.96% |
| 2020 | -3.39% | -6.41% | -15.96% | 8.11% | 3.65% | 3.79% | 4.66% | 2.25% | -1.75% | -2.42% | 11.27% | 6.06% | 7.00% |
| 2019 | 9.37% | 0.72% | 0.36% | 2.63% | -6.36% | 6.20% | -2.22% | -3.42% | 4.29% | 4.46% | 1.05% | 5.58% | 23.83% |
| 2018 | 6.87% | -5.18% | -1.23% | -1.18% | -1.95% | -4.00% | 3.11% | -2.74% | 0.80% | -8.74% | 0.55% | -4.76% | -17.75% |
| 2017 | 3.66% | 2.12% | 2.76% | 2.05% | 3.02% | 0.64% | 3.07% | 1.34% | 1.22% | 2.86% | -0.00% | 2.11% | 27.79% |
| 2016 | -4.99% | -2.38% | 9.23% | 1.76% | -0.69% | -1.05% | 4.76% | 0.98% | 1.42% | -1.10% | -2.38% | 2.07% | 7.10% |
| 2015 | 0.30% | 6.23% | -2.84% | 5.84% | -1.75% | -2.62% | -1.98% | -7.65% | -4.64% | 5.45% | -1.76% | -2.81% | -8.89% |
| 2014 | -3.92% | 5.38% | 0.62% | 2.62% | 1.36% | 1.76% | -3.28% | 0.26% | -5.18% | -1.46% | 0.55% | -4.58% | -6.25% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 79, GIEAX is among the top 21% of mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for GMO International Equity Allocation Fund (GIEAX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
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Dividends
Dividend History
GMO International Equity Allocation Fund provided a 5.45% dividend yield over the last twelve months, with an annual payout of $1.77 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.77 | $1.77 | $1.97 | $1.23 | $1.93 | $1.29 | $1.21 | $0.97 | $0.99 | $1.04 | $2.04 | $1.91 |
Dividend yield | 5.45% | 6.34% | 7.16% | 5.02% | 6.10% | 4.13% | 3.97% | 3.79% | 3.08% | 4.00% | 8.10% | 6.43% |
Monthly Dividends
The table displays the monthly dividend distributions for GMO International Equity 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||||||
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.35 | $0.00 | $0.00 | $0.00 | $0.00 | $1.43 | $1.77 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.23 | $0.00 | $0.00 | $0.00 | $0.00 | $1.74 | $1.97 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.00 | $0.00 | $1.16 | $1.23 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.00 | $0.00 | $1.83 | $1.93 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.00 | $0.00 | $1.19 | $1.29 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.00 | $0.00 | $1.10 | $1.21 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.00 | $0.00 | $0.77 | $0.97 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.00 | $0.00 | $0.88 | $0.99 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.21 | $0.00 | $0.00 | $0.00 | $0.00 | $0.83 | $1.04 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.19 | $0.00 | $0.00 | $0.00 | $0.00 | $0.85 | $2.04 |
| 2014 | $0.50 | $0.00 | $0.00 | $0.00 | $0.00 | $1.41 | $1.91 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the GMO International Equity 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 International Equity Allocation Fund was 74.60%, occurring on Sep 7, 1998. Recovery took 206 trading sessions.
The current GMO International Equity Allocation Fund drawdown is 0.88%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -74.6% | Apr 17, 1998 | 102 | Sep 7, 1998 | 206 | Jun 22, 1999 | 308 |
| -71.61% | Jul 9, 1997 | 139 | Jan 19, 1998 | 46 | Mar 24, 1998 | 185 |
| -67.64% | Jul 9, 1999 | 42 | Sep 6, 1999 | 70 | Dec 13, 1999 | 112 |
| -67.46% | Feb 27, 1997 | 22 | Mar 28, 1997 | 31 | May 12, 1997 | 53 |
| -66.96% | Jun 24, 1999 | 8 | Jul 5, 1999 | 1 | Jul 6, 1999 | 9 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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