GMO International Bond Fund Class III (GMIBX)

6.73
Net Asset Value
-0.59%
1 Day
-4.13%
Year-to-Date
Overall Morningstar Rating
World bond
Style or Category
No Load
Sales Expenses
0.76%
Expense Ratio
High
Morningstar Risk Rating™
Investment Objective The investment seeks total return in excess of that of its benchmark, the J.P. Morgan GBI Global ex U.S. Under normal circumstances, the fund invests directly and indirectly (e.g., through other GMO Funds or derivatives) at least 80% of its assets in bonds. The term "bond" includes (i) obligations of an issuer to make payments of principal and/or interest (whether fixed or variable) on future dates and (ii) synthetic debt instruments created by GMO by using derivatives (e.g., a futures contract, swap contract, currency forward, or option). It is non-diversified.

Performance

1 month-3.30% 3 years+0.96%
3 months-3.72% 5 years+4.52%
1 year-7.93% Since inception+6.28%
Data through --

Peer Comparisonvs. World bond

 GMIBXCategory
Performance 5-yr return+4.52%+3.61%
Expense ratio0.76%1.07%
Risk 5 year sharpe ratio0.660.76
Net assets$43.6M$2.2B
Average market cap--$13.7B
Average P/E--15.8
Portfolio turnover18%18%

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Fund Management and Purchase Info

Fund familyGMO
Fund manager & tenureBen Inker / 0 Years
Minimal initial investment$10,000,000.00
Minimum IRA investment--

Holdings

Fixed income89.72%
Cash10.23%
International stock0.05%
U.S. stock0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- 19.19%
-- 16.01%
-- 12.50%
GMODX GMO Debt Opportunities Fund Class VI11.82%
-- 9.12%
-- 7.24%
-- 6.11%
-- 5.27%
-- 4.06%
GMDFX GMO Emerging Country Debt Fund Class IV3.59%

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