9.56 Up +0.03 +0.31%
DETAILS
Symbol Value ($)
Morningstar Rating
Previous Close 9.53
Category World Bond
Net Assets 75.65 Mil
Yield 0.00%
Morningstar Risk Average
Morningstar Return Above Average
  • Last NAV update 9/19/2014 4:00 PM ET
INVESTMENT OBJECTIVE
NA
The investment seeks total return in excess of that of its benchmark, the J.P. Morgan GBI Global ex Japan ex U.S. (Hedged). 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.
CUMULATIVE PERFORMANCE OF $10,000
  2010 2011 2012 2013 2014
Return 11.70% 7.97% 11.34% 0.14% 11.29%
Value ($) 11,170.19 12,060.34 13,428.49 13,447.45 14,965.96
  • Year to date performance as of 9/19/2014 12:00 AM ET
MANAGEMENT & PURCHASE INFO
Symbol Value ($)
Fund Family GMO
Fund Manager Marc Seidner
Tenure (Years) 1
Fund Status Open
Minimum Initial Purchase 10.00 Mil
Minimum IRA Investment NA
Front Load 0.00
Expense Ratio 0.39%
PERFORMANCE
Symbol Value ($)
1 Month 0.95%
3 Months 3.58%
1 Year 12.08%
3 Years* 8.00%
5 Years* 9.21%
  • * Annualized returns
  • Performance as of 9/19/2014 12:00 AM ET
PEER COMPARISON
  GMHBX World Bond
5-Yr Return 9.21% 4.25%
Sharpe Ratio 1.66 2.64
Net Assets 75.65 Mil 504.21 Mil
Avg Market Cap NA 13.68 Bil
Avg P/E NA 18.57
Portfolio Turnover 13 137
HOLDINGS
Symbol Value ($)
Stocks 0.07%
Cash 23.24%
Fixed Income 101.32%
Other 0.86%
TOP 10 HOLDINGS
NAME % NET ASSETS
Euro-Bobl Future Jun14 Xeur 20140606 21.35%
GMO World Opportunity Overlay 16.69%
Jpn 10y Bond(Ose) Jun14 Xose 20140611 16.18%
GMO US Treasury 15.78%
Long Gilt Future Sep14 Xlif 20140926 13.76%
Us 10yr Note (Cbt)sep14 Xcbt 20140919 8.66%
GMO Debt Opportunities VI 7.45%
Italy(Rep Of) 5% 6.75%
France(Govt Of) 4% 5.74%
Can 10yr Bond Fut Sep14 Xmod 20140919 4.26%
DATA PROVIDERS

Copyright © 2014 Microsoft. All rights reserved.

Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.

Financial data in US dollars | Page generated 12:15 PM ET
1-YEAR CHART Full-page chart
RECENT QUOTES
WATCHLIST
You're not signed in
You’re not signed in to MSN Money, so you’re seeing the Watchlist that is tied to your computer. For a more consistent Watchlist experience, sign in to MSN Money. Learn more
SYMBOL
LAST
CHANGE
SHARES
Quotes delayed at least 15 min
Sponsored by:
MARKET UPDATE
[BRIEFING.COM] Equity indices began the session on the defensive amid broad-based weakness. The S&P 500 trades lower by 0.4% with nine sectors holding opening losses. Most notably, heavily-weighted consumer discretionary (-0.7%) and energy (-0.7%) se ... More
Sponsored by: