GMO Quality Fund
GQETX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 40 Rowes Wharf Boston MA United States of America 02110
- IPO Date
- Jan 30, 2004
- CIK
- 0000772129
- Website
- gmo.com
- Similar Companies
- Business
- GMO Quality Fund (GQETX) is an actively managed mutual fund that seeks total return by investing primarily in a focused portfolio of global equities selected for their high quality characteristics, including established profitability, strong fundamentals, and attractive valuations. The fund employs a disciplined investment process combining quantitative screening and fundamental analysis to identify companies poised to outgrow the market over the long term, with a portfolio typically comprising around 44 holdings concentrated in large-cap names across sectors such as information technology (38%), health care (24%), and communication services (10%). Key holdings include Microsoft Corp. (7%), Alphabet Inc. (6%), Apple Inc. (5%), Taiwan Semiconductor Manufacturing Co. Ltd. (5%), and Lam Research Corp. (4%); the fund maintains geographic exposure primarily to the United States (74%), Europe (18%), and rest-of-world markets (5%), with 2% in cash equivalents. Managed by GMO's Focused Equity team led by Thomas Hancock since 2009, alongside Anthony Hene and Ty Cobb, the Class III shares (GQETX) feature a net expense ratio of 0.51% and a minimum initial investment of $1 million; the fund is non-diversified and domiciled in the United States, available to U.S. investors through Funds Distributor LLC. GMO, the fund's investment adviser, is a privately held global asset manager founded in 1977 and headquartered at 53 State Street, Boston, Massachusetts, with additional offices in London, Singapore, Sydney, Amsterdam, San Francisco, and Tokyo. In recent developments, GMO launched the U.S. Quality Equity ETF (QLTY) to provide retail access to a domestic version of its quality strategy, followed by three new active ETFs in October 2024—the GMO International Quality ETF, GMO U.S. Value ETF, and GMO International Value ETF—to expand its lineup of quality and value offerings. The GMO Quality Fund itself marked its 20-year inception anniversary in February 2024 with total assets surpassing $11.7 billion as of October 2025, reflecting sustained strong performance including a 2024 return of 18.9% net of fees. These expansions align with GMO's strategic focus on broadening distribution channels for its contrarian, valuation-driven strategies amid growing demand from institutions, financial intermediaries, and families.