# GMO Opportunistic Income Fund (GMODX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/gmodx for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: GMO · Asset class: Equity - Strategy: Actively Managed · Inception: 2014-02-11 The fund invests primarily in securitized credit securities. It also may invest in other fixed-income instruments, including, without limitation, bonds and other similar instruments issued or guaranteed by the U.S. government and its agencies and instrumentalities, by non-U.S. governments and their agencies and instrumentalities and by private sector entities. The fund's allocation of its assets into various asset classes within the fixed income market will depend on the views of GMO as to the best value relative to what is currently available in the market. ## Key Facts | Metric | Value | |---|---| | Price | $23.98 | | Expense Ratio | 0.49% | | Assets Under Management | $1.27B | | NAV | $23.98 | | Holdings Count | — | | Distribution Yield (TTM) | 4.99% | | Annual Distribution (TTM) | $1.20 /share | | Distribution Frequency | Monthly | | 52-Week Range | $23.79 – $24.63 | | Beta | 0.28 | ## Latest Distribution - Amount: $0.0959 /share - Ex-date: 2026-09-30 - Pay date: 2026-10-01 ## Frequently Asked Questions ### What does GMODX invest in? The fund invests primarily in securitized credit securities. It also may invest in other fixed-income instruments, including, without limitation, bonds and other similar instruments issued or guaranteed by the U.S. government and its agencies and instrumentalities, by non-U.S. governments and their agencies and instrumentalities and by private sector entities. The fund's allocation of its assets into various asset classes within the fixed income market will depend on the views of GMO as to the best value relative to what is currently available in the market. ### What is the expense ratio of GMODX? GMO Opportunistic Income Fund (GMODX) charges an expense ratio of 0.49%. This is the annual fee deducted from fund assets to cover management and operations. ### What is GMODX's dividend yield? GMODX's trailing-twelve-month yield is 4.99%, calculated from the sum of dividends over the past year divided by the current price. ### How big is GMODX? GMO Opportunistic Income Fund (GMODX) manages $1.27B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is GMODX actively managed or an index fund? GMODX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (GMODX's is 0.49%) in exchange for the discretion to over- or under-weight positions. ### When was GMODX launched? GMO Opportunistic Income Fund (GMODX) launched in February 2014 and is managed by GMO. ### Does GMODX pay a dividend? Yes, GMO Opportunistic Income Fund (GMODX) distributes dividends to shareholders. The trailing-twelve-month yield is 4.99%. Full dividend history is on this page. ### How often does GMODX pay dividends? GMO Opportunistic Income Fund pays dividends Monthly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### When is GMODX's next ex-dividend date? The most recently announced ex-dividend date for GMODX was 2026-09-30. The next ex-date typically follows Monthly; once announced it appears at the top of the dividend history table on this page. ### How much will GMODX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.49% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does GMODX charge its expense ratio? The expense ratio is deducted in tiny daily slices from GMODX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does GMODX cost more than a fund like VOO? GMODX is actively managed (current expense ratio 0.49%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether GMODX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to GMODX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as GMODX (0.49%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/gmodx - Distribution history: https://www.dividenddata.com/funds/gmodx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/gmodx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/gmodx/expenses - Peer comparison: https://www.dividenddata.com/funds/gmodx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.