GUSTX Fees and Costs — GMO U.S. Treasury Fund, Class VI
Data updated: 2026-09-29
The net expense ratio is 0.09%: a 0.08% management fee plus 0.04% other expenses, less a 0.03% fee waiver. There are no sales loads or redemption fees. Portfolio turnover was 0%.
GUSTX Fees and Expenses
Annual operating expenses and sales charges of GUSTX. Prospectus, as of February 28, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.08% |
| 12b-1 fee | — |
| Other expenses | 0.04% |
| Gross expense ratio | 0.12% |
| Fee waiver | −0.03% |
| Net expense ratio | 0.09% |
| 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 | No |
GUSTX Costs Over Time
On $10,000 invested in GUSTX, assuming 5% a year before costs, total costs come to $57 over 5 years, cutting the return by 0.09% 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 0.09%) | $9 | $30 | $52 |
| Lost growth on money paid in costs | $0 | $1 | $5 |
| Total costs | $9 | $31 | $57 |
| Value after costs | $10,491 | $11,545 | $12,705 |
| Impact on return, per year | 0.09% | 0.09% | 0.09% |
GUSTX 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): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $37.5B
- Portfolio turnover (prospectus): 0%
- Securities lending: none during the year
GUSTX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Daiwa Capital Markets America Inc. | $36.5B | 97.59% |
| Barclays Capital Inc. | $224.5M | 0.60% |
| Nomura Securities International, Inc. | $211.8M | 0.57% |
| Citigroup Global Markets Inc. | $204.5M | 0.55% |
| BMO Capital Markets Corp. | $57.5M | 0.15% |
| J.P. Morgan Securities LLC | $51.7M | 0.14% |
| State Street Bank and Trust Company | $45.6M | 0.12% |
| Deutsche Bank Securities Inc. | $42.9M | 0.11% |
| BNP Paribas Securities Corp. | $41.3M | 0.11% |
| BofA Securities, Inc. | $20.9M | 0.06% |
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.