GMO Resources Fund
Name
As of 04/26/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-2.5%
1 yr return
-1.2%
3 Yr Avg Return
0.1%
5 Yr Avg Return
N/A
Net Assets
$2.1 B
Holdings in Top 10
40.1%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.85%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/26/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
GEACX - Profile
Distributions
- YTD Total Return -2.5%
- 3 Yr Annualized Total Return 0.1%
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 4.32%
- Dividend Yield 5.8%
- Dividend Distribution Frequency SemiAnnual
Fund Details
-
Legal NameGMO Resources Fund
-
Fund Family NameGMO Mutual Funds
-
Inception DateJan 22, 2021
-
Shares OutstandingN/A
-
Share ClassI
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerThomas Hancock
Fund Description
GEACX - Performance
Return Ranking - Trailing
Period | GEACX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -2.5% | -17.2% | 22.6% | 96.23% |
1 Yr | -1.2% | -27.6% | 76.1% | 90.48% |
3 Yr | 0.1%* | -15.5% | 29.6% | 89.42% |
5 Yr | N/A* | -3.6% | 23.0% | 7.62% |
10 Yr | N/A* | -7.1% | 12.4% | 23.23% |
* Annualized
Return Ranking - Calendar
Period | GEACX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -7.0% | -13.1% | 52.1% | 76.19% |
2022 | -10.5% | -34.9% | 34.0% | 60.58% |
2021 | N/A | -4.9% | 83.5% | N/A |
2020 | N/A | -23.4% | 126.4% | N/A |
2019 | N/A | -25.1% | 36.9% | N/A |
Total Return Ranking - Trailing
Period | GEACX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -2.5% | -17.2% | 22.6% | 96.23% |
1 Yr | -1.2% | -27.6% | 76.1% | 90.48% |
3 Yr | 0.1%* | -15.5% | 29.6% | 89.42% |
5 Yr | N/A* | -3.6% | 23.0% | 8.26% |
10 Yr | N/A* | -7.1% | 12.4% | 26.21% |
* Annualized
Total Return Ranking - Calendar
Period | GEACX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -1.6% | -12.2% | 57.6% | 69.52% |
2022 | -1.0% | -32.2% | 35.5% | 57.69% |
2021 | N/A | -2.5% | 83.6% | N/A |
2020 | N/A | -22.2% | 127.8% | N/A |
2019 | N/A | -25.1% | 38.7% | N/A |
NAV & Total Return History
GEACX - Holdings
Concentration Analysis
GEACX | Category Low | Category High | GEACX % Rank | |
---|---|---|---|---|
Net Assets | 2.1 B | 1.33 M | 6.25 B | 11.21% |
Number of Holdings | 111 | 25 | 445 | 15.89% |
Net Assets in Top 10 | 819 M | 627 K | 3.57 B | 14.02% |
Weighting of Top 10 | 40.10% | 16.6% | 76.7% | 72.90% |
Top 10 Holdings
- Kosmos Energy Ltd 5.40%
- BP PLC 4.48%
- Darling Ingredients Inc 4.22%
- Ivanhoe Mines Ltd 4.15%
- Glencore PLC 4.05%
- Bradespar SA 3.99%
- Petroleo Brasileiro SA 3.53%
- Galp Energia SGPS SA 3.45%
- Shell PLC 3.44%
- ConocoPhillips 3.40%
Asset Allocation
Weighting | Return Low | Return High | GEACX % Rank | |
---|---|---|---|---|
Stocks | 91.65% | 0.00% | 104.40% | 92.52% |
Preferred Stocks | 7.55% | 0.00% | 7.55% | 2.80% |
Cash | 0.80% | 0.00% | 22.14% | 68.22% |
Other | 0.00% | -0.01% | 21.04% | 29.91% |
Convertible Bonds | 0.00% | 0.00% | 0.43% | 15.89% |
Bonds | 0.00% | 0.00% | 81.02% | 19.63% |
Stock Sector Breakdown
Weighting | Return Low | Return High | GEACX % Rank | |
---|---|---|---|---|
Energy | 35.82% | 0.00% | 89.67% | 41.12% |
Basic Materials | 31.97% | 2.49% | 100.00% | 63.55% |
Industrials | 11.55% | 0.00% | 63.67% | 30.84% |
Technology | 8.11% | 0.00% | 17.68% | 5.61% |
Consumer Defense | 7.03% | 0.00% | 33.96% | 15.89% |
Financial Services | 4.52% | 0.00% | 4.52% | 2.80% |
Utilities | 0.55% | 0.00% | 35.93% | 43.93% |
Real Estate | 0.45% | 0.00% | 36.20% | 26.17% |
Healthcare | 0.00% | 0.00% | 22.67% | 41.12% |
Communication Services | 0.00% | 0.00% | 0.21% | 10.28% |
Consumer Cyclical | 0.00% | 0.00% | 43.37% | 56.07% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | GEACX % Rank | |
---|---|---|---|---|
Non US | 51.68% | 0.00% | 89.20% | 22.43% |
US | 39.97% | 0.00% | 104.40% | 83.18% |
GEACX - Expenses
Operational Fees
GEACX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.85% | 0.08% | 4.45% | 56.07% |
Management Fee | 0.65% | 0.00% | 1.25% | 38.32% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.03% | 0.25% | N/A |
Sales Fees
GEACX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 3.50% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
GEACX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 2.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
GEACX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 4.00% | 169.00% | 71.58% |
GEACX - Distributions
Dividend Yield Analysis
GEACX | Category Low | Category High | GEACX % Rank | |
---|---|---|---|---|
Dividend Yield | 5.81% | 0.00% | 11.97% | 30.84% |
Dividend Distribution Analysis
GEACX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | SemiAnnual | Annual | SemiAnnual | SemiAnnual |
Net Income Ratio Analysis
GEACX | Category Low | Category High | GEACX % Rank | |
---|---|---|---|---|
Net Income Ratio | 4.32% | -35.65% | 6.21% | 3.77% |
Capital Gain Distribution Analysis
GEACX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 22, 2023 | $0.644 | OrdinaryDividend |
Dec 22, 2022 | $1.802 | OrdinaryDividend |
GEACX - Fund Manager Analysis
Managers
Thomas Hancock
Start Date
Tenure
Tenure Rank
Dec 28, 2011
10.43
10.4%
Dr. Hancock is the head of GMO's Focused Equity team and the portfolio manager for the Quality Strategy. Previously, at GMO, he was co-head of the Global Equity team. He is a partner of the firm. Prior to joining GMO in 1995, he was a research analyst at Siemens and a software engineer at IBM. Dr. Hancock holds a Ph.D. in Computer Science from Harvard University and B.S. and M.S. degrees from Rensselaer Polytechnic Institute.
Lucas White
Start Date
Tenure
Tenure Rank
Sep 01, 2015
6.75
6.8%
Mr. White has been responsible for providing portfolio management and research services for GMO’s Focused Equity portfolios since September 2015. Mr. White previously served in other capacities at GMO, including providing portfolio management for the GMO Quality Strategy, since joining GMO in 2006.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.16 | 24.18 | 7.62 | 0.54 |