# GMO Quality Fund (GQLIX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/gqlix for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: GMO · Asset class: Bond - Strategy: Thematic · Inception: 2019-09-27 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 d... ## Key Facts | Metric | Value | |---|---| | Price | $38.16 | | Expense Ratio | 0.62% | | Assets Under Management | $12.21B | | NAV | $38.16 | | Holdings Count | — | | Distribution Yield (TTM) | 10.58% | | Annual Distribution (TTM) | $4.04 /share | | Distribution Frequency | Semi-Annual | | 52-Week Range | $31.53 – $38.53 | | Beta | 0.92 | ## Latest Distribution - Amount: $1.0089 /share - Ex-date: 2026-07-07 - Pay date: 2026-07-08 ## Frequently Asked Questions ### 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 10.58%, 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. ### Does GQLIX pay a dividend? Yes, GMO Quality Fund (GQLIX) distributes dividends to shareholders. The trailing-twelve-month yield is 10.58%. Full dividend history is on this page. ### How often does GQLIX pay dividends? GMO Quality Fund pays dividends Semi-Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### When is GQLIX's next ex-dividend date? The most recently announced ex-dividend date for GQLIX was 2026-07-07. The next ex-date typically follows Semi-Annual; once announced it appears at the top of the dividend history table on this page. ### How much will GQLIX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.62% 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 GQLIX charge its expense ratio? The expense ratio is deducted in tiny daily slices from GQLIX'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 GQLIX cost more than a fund like VOO? GQLIX's strategy (current expense ratio 0.62%) is different from a broad-market index tracker like VOO, so its fee belongs to a different cohort. The Cost Verdict card above shows you where GQLIX sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to GQLIX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as GQLIX (0.62%) 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/gqlix - Distribution history: https://www.dividenddata.com/funds/gqlix/dividend - Holdings & diversification: https://www.dividenddata.com/funds/gqlix/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/gqlix/expenses - Peer comparison: https://www.dividenddata.com/funds/gqlix/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.