GHVIX Fees and Costs — GMO High Yield Fund, Class VI
Data updated: 2026-09-29
The net expense ratio is 0.36%: a 0.41% management fee plus 0.16% other expenses, less a 0.21% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $1K in broker commissions, 0.0011% of average net assets, and portfolio turnover was 160%.
GHVIX Fees and Expenses
Annual operating expenses and sales charges of GHVIX. Prospectus, as of February 28, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.41% |
| 12b-1 fee | — |
| Other expenses | 0.16% |
| Gross expense ratio | 0.57% |
| Fee waiver | −0.21% |
| Net expense ratio | 0.36% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
GHVIX Costs Over Time
On $10,000 invested in GHVIX, assuming 5% a year before costs, total costs come to $229 over 5 years, cutting the return by 0.38% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.36%) | $38 | $119 | $207 |
| Trading costs (broker commissions) | $0 | $0 | $1 |
| Lost growth on money paid in costs | $0 | $6 | $21 |
| Total costs | $38 | $125 | $229 |
| Value after costs | $10,462 | $11,451 | $12,534 |
| Impact on return, per year | 0.38% | 0.38% | 0.38% |
GHVIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending February 28, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0011%
- Total broker commissions: $1K
- Bought from dealers (principal trades, not a cost): $3.7B
- Portfolio turnover (prospectus): 160%
- Securities lending: none during the year
GHVIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $1K | 100.00% |
GHVIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Nomura Securities International, Inc. | $3.3B | 87.71% |
| Barclays Capital Inc. | $121.7M | 3.28% |
| State Street Bank and Trust Company | $112.6M | 3.04% |
| Mizuho Securities USA LLC | $47.5M | 1.28% |
| Citigroup Global Markets Inc. | $43.3M | 1.17% |
| J.P. Morgan Securities LLC | $38.7M | 1.04% |
| BofA Securities, Inc. | $31.3M | 0.84% |
| MUFG Securities Americas Inc. | $24.2M | 0.65% |
| Morgan Stanley & Co. LLC | $19.0M | 0.51% |
| Goldman Sachs & Co. LLC | $17.5M | 0.47% |
GMO High Yield Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| GHVIX | Class VI | 0.36% | — |
| GMOZX | Class I | 0.47% | — |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.