- What does GQLIX invest in?
- The GMO Quality Fund aims to achieve its investment objectives predominantly by allocating capital to equity securities of companies that GMO deems to be of high quality. The fund retains the flexibility to concentrate a substantial portion of its holdings within a single asset class, industry, sector, country, region, issuer, currency, or group of companies with similar market capitalizations. It may invest in businesses across the full range of market capitalizations. Furthermore, its portfolio may include investments in U.S. Treasury funds, money market funds unaffiliated with GMO, and direct holdings in the types of short-term instruments typically found in money market portfolios. This fund is classified as non-diversified.
- What is the expense ratio of GQLIX?
- GMO Quality Fund (GQLIX) charges an expense ratio of 0.62%. This is the annual fee deducted from fund assets to cover management and operations.
- What is GQLIX's dividend yield?
- GQLIX's trailing-twelve-month yield is 10.76%, calculated from the sum of dividends over the past year divided by the current price.
- What is the duration of GQLIX?
- Effective duration measures GQLIX's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. GQLIX's current duration is published on the fund's factsheet on the issuer's website.
- What is the credit quality of GQLIX?
- GQLIX's credit quality breakdown — the share of holdings rated AAA through CCC and below — is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.
- What is the yield to maturity of GQLIX?
- Yield to maturity (YTM) is the total return you'd earn from GQLIX if every bond in the portfolio is held to maturity at the current price. GQLIX's YTM is published on the fund's factsheet on the issuer's website — it differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.
