GAAVX — GMO Alternative Allocation Fund
Data updated: 2026-07-29
GAAVX — GMO Alternative Allocation Fund data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. Global (incl. US) Mid Cap Value Equity · $813.65M AUM · 2.74% expense ratio · 16.5% 1-yr return. From SEC regulatory filings.
GAAVX Fund Overview
GAAVX — GMO Alternative Allocation Fund is a US mutual fund managed by Gmo Trust, categorised as Global (incl. US) Mid Cap Value Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Gmo Trust
- Category: Global (incl. US) Mid Cap Value Equity
- Assets under management: $813.65M
- 1-year return: 16.5%
- Ticker: GAAVX
- SEC CIK: 0000772129
- SEC series ID: S000065268
- Share class ID: C000211299
GAAVX Holdings
Top 10 holdings of GMO Alternative Allocation Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Daiwa Capital Markets America, Inc. | 18.44% |
| United States Treasury | 13.70% |
| United States Treasury | 7.22% |
| Northwestern Energy Group Inc | 3.16% |
| Webster Financial Corp | 2.85% |
| TXNM Energy Inc | 2.76% |
| Norfolk Southern Corp | 2.69% |
| Chart Industries Inc | 2.54% |
| ARC Resources Ltd | 2.52% |
| AES Corp/The | 2.45% |
GAAVX Portfolio Allocation
Asset-class allocation of GMO Alternative Allocation Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 138.0% |
| Fixed Income | 22.3% |
| Cash & Equivalents | 20.2% |
| Derivatives | 3.5% |
| Securitized | 2.0% |
| Other | 0.2% |
GAAVX Performance
Total returns for GAAVX (as of 2026-08-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 3.3% |
| 1 year | 16.5% |
| 3 years (annualised) | 7.8% |
| 5 years (annualised) | 3.6% |
GAAVX Risk Information
Risk metrics for GAAVX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 5.5%
GAAVX Costs and Fees
GAAVX costs about $274 per $10,000 invested per year in fund expenses.
- Net expense ratio: 2.74%
- Gross expense ratio: 2.85%
- Portfolio turnover: 764%
- Brokerage commissions: 25.92 bps of average net assets (SEC N-CEN)
GAAVX Cashflows
Over the 12 months to 2026-02, GMO Alternative Allocation Fund had net inflows of $48.26M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-02 | $16.26M |
| 2026-01 | $18.32M |
| 2025-12 | $23.83M |
| 2025-11 | $3.42M |
| 2025-10 | −$9.21M |
| 2025-09 | $5.10M |
GAAVX Debt Constituents
Largest debt holdings of GMO Alternative Allocation Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| United States Treasury | 13.70% |
| United States Treasury | 7.22% |
| United States Treasury | 0.43% |
| Malaysia Government | 0.32% |
| Dominican Republic | 0.25% |
| United States Treasury | 0.14% |
| Development Bank Of Kaza | 0.05% |
| Republica Orient Uruguay | 0.04% |
| Republica Orient Uruguay | 0.04% |
| United States Treasury | 0.04% |
GAAVX Prospectus and SEC Filings
Official GMO Alternative Allocation Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other Global (incl. US) Mid Cap Value Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.