Australia markets open in 3 hours 55 minutes

GMO Opportunistic Income Fund (GMOLX)

Nasdaq - Nasdaq Delayed price. Currency in USD
Add to watchlist
24.04-0.03 (-0.12%)
At close: 08:00PM EDT

GMO Opportunistic Income Fund

Boston MA 02110

40 Rowes Wharf

GMO Trust

6173307500
Management information
,Lead manager since 21 February 2023
Mr. Nabet is a portfolio manager for GMO's Opportunistic Income Strategy. He is a member of GMO’s Structured Products team, also contributing research focused on commercial mortgage-backed securities. Prior to joining GMO in 2015, Ben was Director of Global Arbitrage Trading and previously the Vice President of Global Arbitrage and Trading at RBC Capital Markets. He earned his engineering degree in Control and Dynamical Systems from Ecole Nationale de l'Aviation Civile (ENAC), in Toulouse, France. He received his PhD and MA in Mechanical and Aerospace Engineering from Princeton University.
Morningstar style box
Yahoo partners with Morningstar, a leading market research and investment data group to help investors rate and compare funds on Yahoo Finance. The Morningstar Category is shown next to the Morningstar Style Box, which identifies a fund's investment focus, based on the underlying securities in the fund.
Morningstar category
While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. Where necessary, we may change a category assignment based on recent changes to the portfolio.

Fund overview

CategoryNontraditional Bond
Fund familyGMO
Net assets1.47B
YTD return0.87%
Yield7.39%
Morningstar rating★★★★
Inception date4 Nov 2019

Fund operations

Last dividend0.32
Last cap gain-14.00
Holdings turnover160.00%
Average for categoryN/A

Fees and expenses

ExpenseGMOLXCategory average
Annual report expense ratio (net)0.57%1.23%
Prospectus net expense ratio0.57%N/A
Prospectus gross expense ratio0.62%N/A
Max 12b1 feeN/AN/A
Max front end sales loadN/A4.11%
Max deferred sales loadN/A1.17%
3-yr expense projection0N/A
5-yr expense projection0N/A
10-yr expense projection0N/A