GMO US Treasury

Frequently Asked Questions About GUSTX

What does GUSTX invest in?

Under normal circumstances, the fund invests at least 80% of its assets in Direct U.S. Treasury Obligations and repurchase agreements collateralized by these Obligations. "Direct U.S. Treasury Obligations" include U.S. Treasury bills, bonds and notes and other securities issued by the U.S. Treasury, as well as Separately Traded Registered Interest and Principal Securities (STRIPS) and other zero-coupon securities. GMO normally seeks to maintain an estimated interest rate duration of one year or less for the fund's portfolio.

What is the expense ratio of GUSTX?

GMO US Treasury (GUSTX) charges an expense ratio of 0.09%. This is the annual fee deducted from fund assets to cover management and operations.

What is GUSTX's dividend yield?

GUSTX's trailing-twelve-month yield is 3.69%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of GUSTX?

Effective duration measures GUSTX's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. GUSTX's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of GUSTX?

GUSTX'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 GUSTX?

Yield to maturity (YTM) is the total return you'd earn from GUSTX if every bond in the portfolio is held to maturity at the current price. GUSTX'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.