<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial
information extracted from GMO Trust, form
N-SAR for the period ended August 31, 2000
and is qualified in its entirety by reference
to such financial statements.
</LEGEND>
<SERIES>
<NUMBER> 333
<NAME> GMO U.S. Bond/Global Alpha B Fund, Class III
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> FEB-28-2001
<PERIOD-END> AUG-31-2000
<INVESTMENTS-AT-COST> 180,091,380
<INVESTMENTS-AT-VALUE> 184,230,518
<RECEIVABLES> 2,027,358
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 186,257,876
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 14,896,952
<TOTAL-LIABILITIES> 14,896,952
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 172,285,438
<SHARES-COMMON-STOCK> 23,709,952
<SHARES-COMMON-PRIOR> 22,907,101
<ACCUMULATED-NII-CURRENT> 2,062,564
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> (8,732,808)
<ACCUM-APPREC-OR-DEPREC> 5,745,730
<NET-ASSETS> 171,360,924
<DIVIDEND-INCOME> 1,320,152
<INTEREST-INCOME> 783,219
<OTHER-INCOME> 0
<EXPENSES-NET> (289,034)
<NET-INVESTMENT-INCOME> 1,814,337
<REALIZED-GAINS-CURRENT> 1,228,547
<APPREC-INCREASE-CURRENT> 4,901,327
<NET-CHANGE-FROM-OPS> 7,944,211
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (375,935)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,136,330
<NUMBER-OF-SHARES-REDEEMED> (386,428)
<SHARES-REINVESTED> 52,949
<NET-CHANGE-IN-ASSETS> 13,207,390
<ACCUMULATED-NII-PRIOR> 624,162
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> (9,961,355)
<GROSS-ADVISORY-FEES> 165,162
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 355,918
<AVERAGE-NET-ASSETS> 163,815,981
<PER-SHARE-NAV-BEGIN> 6.90
<PER-SHARE-NII> 0.08
<PER-SHARE-GAIN-APPREC> 0.27
<PER-SHARE-DIVIDEND> (0.02)
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 7.23
<EXPENSE-RATIO> 0.35
</TABLE>
