GMO Global Developed Equity Allocation Fund (GWOAX)
Under normal circumstances, the fund invests (including through investment in the underlying funds) at least 80% of its assets in equities. In addition, under normal circumstances, it invests (including through investment in the underlying funds) at least 80% of its assets in equities tied economically to developed markets. The fund also may invest in equities tied economically to emerging markets (which are not part of the fund's benchmark), but those investments typically will represent 10% or less of the fund's net assets measured at the time of purchase.
Fund Info
US3620081535
Jun 15, 2005
$5,000,000
Large-Cap
Value
Expense Ratio
GWOAX 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 Global Developed Equity Allocation Fund (GWOAX) returned 7.78% year-to-date (YTD) and 11.61% over the past 12 months. Over the past 10 years, GWOAX returned 8.22% annually, underperforming the S&P 500 benchmark at 10.85%.
GWOAX
7.78%
4.55%
6.11%
11.61%
11.60%
13.59%
8.22%
^GSPC (Benchmark)
0.51%
6.15%
-2.00%
12.92%
12.68%
14.19%
10.85%
Monthly Returns
The table below presents the monthly returns of GWOAX, 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 | 4.05% | 0.08% | -1.45% | 0.54% | 4.46% | 7.78% | |||||||
| 2024 | -0.04% | 3.06% | 4.27% | -3.20% | 4.64% | -1.31% | 3.76% | 1.97% | 1.34% | -3.81% | 2.63% | -2.36% | 10.97% |
| 2023 | 7.88% | -2.33% | 1.47% | 1.49% | -2.32% | 6.52% | 4.00% | -2.63% | -2.75% | -3.40% | 8.04% | 5.55% | 22.48% |
| 2022 | -2.39% | -3.36% | -0.74% | -5.89% | 2.19% | -9.09% | 5.25% | -4.18% | -8.82% | 7.31% | 9.87% | -3.21% | -14.10% |
| 2021 | -0.00% | 4.62% | 5.00% | 2.95% | 3.48% | -1.35% | -0.15% | 1.39% | -3.54% | 3.05% | -3.60% | 5.84% | 18.54% |
| 2020 | -2.33% | -7.82% | -15.48% | 9.81% | 4.34% | 2.67% | 4.06% | 3.99% | -2.19% | -2.74% | 13.09% | 6.05% | 10.53% |
| 2019 | 8.31% | 2.27% | 0.90% | 2.85% | -6.18% | 6.40% | -0.56% | -2.70% | 3.68% | 3.51% | 2.15% | 3.99% | 26.55% |
| 2018 | 5.83% | -4.59% | -1.84% | -0.13% | -0.00% | -2.27% | 3.61% | -0.09% | 0.53% | -7.89% | 0.67% | -6.74% | -12.94% |
| 2017 | 2.26% | 3.05% | 1.79% | 1.85% | 2.54% | 0.67% | 2.03% | 1.13% | 2.19% | 3.19% | 1.23% | 1.14% | 25.63% |
| 2016 | -5.17% | -1.14% | 7.53% | 0.91% | 0.42% | -1.21% | 3.70% | 0.37% | 0.90% | -1.63% | 0.21% | 2.20% | 6.79% |
| 2015 | -0.69% | 6.13% | -2.50% | 3.77% | -0.52% | -2.61% | 0.30% | -6.66% | -4.13% | 6.43% | -0.85% | -2.10% | -4.19% |
| 2014 | -3.17% | 4.87% | 1.04% | 1.82% | 1.52% | 1.38% | -2.96% | 1.29% | -3.71% | -0.43% | 1.33% | -3.13% | -0.54% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of GWOAX 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 Developed Equity Allocation Fund (GWOAX) 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 Global Developed Equity Allocation Fund provided a 4.81% dividend yield over the last twelve months, with an annual payout of $1.31 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.31 | $1.31 | $1.46 | $1.50 | $3.30 | $0.95 | $1.00 | $0.58 | $0.69 | $1.20 | $2.31 | $2.98 |
Dividend yield | 4.81% | 5.19% | 6.10% | 7.27% | 12.75% | 3.85% | 4.33% | 3.02% | 3.05% | 6.43% | 12.47% | 13.74% |
Monthly Dividends
The table displays the monthly dividend distributions for GMO Global Developed 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 | $0.15 | $0.00 | $0.00 | $0.00 | $0.00 | $1.16 | $1.31 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.36 | $0.00 | $0.00 | $0.00 | $0.00 | $1.09 | $1.46 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.97 | $0.00 | $0.00 | $0.00 | $0.00 | $0.54 | $1.50 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.30 | $0.00 | $0.00 | $0.00 | $0.00 | $3.00 | $3.30 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.00 | $0.00 | $0.90 | $0.95 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.36 | $0.00 | $0.00 | $0.06 | $0.00 | $0.58 | $1.00 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.00 | $0.00 | $0.46 | $0.58 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.09 | $0.00 | $0.05 | $0.00 | $0.00 | $0.00 | $0.00 | $0.55 | $0.69 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.69 | $0.00 | $0.00 | $0.00 | $0.00 | $0.50 | $1.20 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.42 | $0.00 | $0.00 | $0.00 | $0.00 | $0.89 | $2.31 |
| 2014 | $1.78 | $0.00 | $0.00 | $0.00 | $0.00 | $1.19 | $2.98 |
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 Global Developed 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 Global Developed Equity Allocation Fund was 49.62%, occurring on Mar 9, 2009. Recovery took 967 trading sessions.
The current GMO Global Developed Equity Allocation Fund drawdown is 0.62%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -49.62% | Oct 30, 2007 | 340 | Mar 9, 2009 | 967 | Jan 10, 2013 | 1307 |
| -35.28% | Jan 21, 2020 | 44 | Mar 23, 2020 | 163 | Nov 11, 2020 | 207 |
| -26.21% | Jan 13, 2022 | 180 | Sep 30, 2022 | 302 | Dec 13, 2023 | 482 |
| -22.83% | Jan 29, 2018 | 229 | Dec 24, 2018 | 245 | Dec 13, 2019 | 474 |
| -22.08% | Jul 7, 2014 | 405 | Feb 11, 2016 | 274 | Mar 15, 2017 | 679 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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