GMO Global Asset Allocation Fund (GMWAX)
The investment seeks total return greater than that of its benchmark, the GMO Global Asset Allocation Index, an internally maintained index computed by GMO, consisting of 65% MSCI ACWI and 35% Bloomberg U.S. Aggregate Index. Under normal circumstances, GMO intends to invest not more than 85% of the fund's net assets in the Equity Funds. It is permitted to invest in any asset class, including, for example, U.S. and non-U.S. equities (including emerging country equities), U.S. and non-U.S. fixed income securities of any credit quality, or maturity, and commodities.
Fund Info
US3620071718
Oct 21, 1996
$5,000,000
Large-Cap
Value
Expense Ratio
GMWAX has an expense ratio of 0.00%, indicating no management fees are charged.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in GMO Global Asset 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 Global Asset Allocation Fund had a return of 3.76% year-to-date (YTD) and 8.77% in the last 12 months. Over the past 10 years, GMO Global Asset Allocation Fund had an annualized return of 4.03%, while the S&P 500 had an annualized return of 11.31%, indicating that GMO Global Asset Allocation Fund did not perform as well as the benchmark.
GMWAX
3.76%
2.89%
1.37%
8.77%
4.81%
4.03%
^GSPC (Benchmark)
4.46%
2.46%
9.31%
23.49%
13.03%
11.31%
Monthly Returns
The table below presents the monthly returns of GMWAX, 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 | 2.41% | 3.76% | |||||||||||
| 2024 | -0.44% | 1.39% | 2.77% | -2.66% | 3.48% | -0.72% | 3.04% | 1.47% | 1.25% | -3.69% | 1.28% | -1.85% | 5.12% |
| 2023 | 5.80% | -2.35% | 1.27% | 0.89% | -2.09% | 3.98% | 3.13% | -2.10% | -1.63% | -2.87% | 6.37% | 5.36% | 16.17% |
| 2022 | -0.90% | -3.60% | -2.25% | -4.04% | 1.56% | -6.42% | 3.44% | -2.58% | -6.86% | 3.32% | 7.80% | -1.94% | -12.70% |
| 2021 | 0.56% | 1.69% | 2.35% | 1.87% | 2.44% | -1.18% | -1.14% | 0.97% | -2.30% | 0.56% | -2.48% | 3.68% | 7.03% |
| 2020 | -1.94% | -4.08% | -11.49% | 6.71% | 2.29% | 2.20% | 3.47% | 1.72% | -1.41% | -0.93% | 7.14% | 3.79% | 6.15% |
| 2019 | 5.54% | 0.74% | 0.99% | 1.61% | -2.94% | 4.12% | -0.39% | -1.48% | 2.10% | 2.21% | 0.93% | 3.29% | 17.70% |
| 2018 | 3.59% | -2.91% | -0.66% | -0.63% | -0.36% | -1.53% | 2.02% | -0.64% | 0.40% | -4.74% | 0.90% | -2.62% | -7.21% |
| 2017 | 1.98% | 1.87% | 1.35% | 1.20% | 1.57% | 0.28% | 1.58% | 1.05% | 0.49% | 1.95% | 0.30% | 1.10% | 15.73% |
| 2016 | -2.63% | -0.54% | 5.00% | 0.73% | -0.21% | 0.41% | 3.16% | 0.60% | 0.73% | -0.83% | -1.07% | 1.12% | 6.45% |
| 2015 | 0.74% | 3.49% | -2.84% | 2.10% | -0.54% | -1.53% | -5.00% | -4.24% | -2.52% | 4.03% | -0.69% | -1.70% | -8.78% |
| 2014 | -1.97% | 3.06% | 0.68% | 1.43% | 1.41% | 0.82% | -5.28% | 0.86% | -2.13% | -0.26% | 1.05% | -3.33% | -3.91% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of GMWAX is 57, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for GMO Global Asset Allocation Fund (GMWAX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
GMO Global Asset Allocation Fund provided a 4.87% dividend yield over the last twelve months, with an annual payout of $1.61 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.61 | $1.61 | $1.74 | $1.10 | $2.12 | $1.37 | $1.34 | $1.12 | $0.83 | $0.96 | $1.13 | $1.28 |
Dividend yield | 4.87% | 5.05% | 5.47% | 3.78% | 6.17% | 4.00% | 4.00% | 3.77% | 2.50% | 3.27% | 3.96% | 3.94% |
Monthly Dividends
The table displays the monthly dividend distributions for GMO Global Asset 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 | ||||||||||
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.00 | $0.00 | $1.57 | $1.61 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.21 | $0.00 | $0.00 | $0.00 | $0.00 | $1.54 | $1.74 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.00 | $0.00 | $0.98 | $1.10 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.25 | $0.00 | $0.00 | $0.00 | $0.00 | $1.87 | $2.12 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.00 | $0.00 | $1.19 | $1.37 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.00 | $0.00 | $1.21 | $1.34 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.00 | $0.00 | $1.02 | $1.12 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.00 | $0.00 | $0.76 | $0.83 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.34 | $0.00 | $0.00 | $0.00 | $0.00 | $0.62 | $0.96 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.00 | $0.00 | $1.03 | $1.13 |
| 2014 | $0.16 | $0.00 | $0.00 | $0.00 | $0.00 | $1.12 | $1.28 |
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the GMO Global Asset 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 Global Asset Allocation Fund was 77.25%, occurring on Sep 7, 1998. Recovery took 1593 trading sessions.
The current GMO Global Asset Allocation Fund drawdown is 1.03%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -77.25% | Oct 9, 1997 | 238 | Sep 7, 1998 | 1593 | Dec 23, 2004 | 1831 |
| -67.94% | Aug 11, 1997 | 16 | Sep 1, 1997 | 18 | Sep 25, 1997 | 34 |
| -67.42% | Feb 27, 1997 | 22 | Mar 28, 1997 | 28 | May 7, 1997 | 50 |
| -66.76% | May 23, 1997 | 2 | May 26, 1997 | 1 | May 27, 1997 | 3 |
| -66.67% | Feb 17, 1997 | 1 | Feb 17, 1997 | 1 | Feb 18, 1997 | 2 |
Volatility
Volatility Chart
The current GMO Global Asset Allocation Fund volatility is 2.08%, 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.