GMO Resources R6 (GAAHX)
| Fund Assets | 1.22B |
| Expense Ratio | 0.72% |
| Min. Investment | $750,000,000 |
| Turnover | 48.00% |
| Dividend (ttm) | 0.62 |
| Dividend Yield | 3.46% |
| Dividend Growth | -54.48% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Dec 23, 2024 |
| Previous Close | 18.09 |
| YTD Return | -1.64% |
| 1-Year Return | -12.00% |
| 5-Year Return | n/a |
| 52-Week Low | 14.02 |
| 52-Week High | 22.05 |
| Beta (5Y) | n/a |
| Holdings | 116 |
| Inception Date | Jan 22, 2021 |
About GAAHX
The GMO Resources Fund Class R6 is a mutual fund designed to deliver total return by investing primarily in equities of companies within the natural resources sector. Its investment mandate requires that at least 80% of assets are allocated to businesses involved in energy, metals, agriculture, and water, spanning both developed and emerging markets. The fund's strategy leverages global supply and demand trends, recognizing both the increasing demand driven by population growth and industrialization, and the tightening supply of easily accessible resources. By maintaining a diversified portfolio across market capitalizations and geographic regions, the fund seeks to capture opportunities from companies poised to benefit from rising resource prices. It is actively managed, with notable holdings including firms in the energy, basic materials, and consumer defensive sectors. The fund is recognized for cost efficiency, disciplined management, and its ability to access a broad range of resource-linked equities, making it a significant player for investors seeking exposure to the global natural resources landscape.
Performance
GAAHX had a total return of -12.00% in the past year, including dividends. Since the fund's inception, the average annual return has been -2.85%.
Top 10 Holdings
38.82% of assets| Name | Symbol | Weight |
|---|---|---|
| Kosmos Energy Ltd. | KOS | 4.98% |
| BP p.l.c. | BP | 4.79% |
| Galp Energia, SGPS, S.A. | GALP | 4.37% |
| Shell plc | SHEL | 4.30% |
| Petróleo Brasileiro S.A. - Petrobras | PETR4 | 3.82% |
| Darling Ingredients Inc. | DAR | 3.61% |
| Ivanhoe Mines Ltd. | IVN | 3.32% |
| Bradespar S.A. | BRAP4 | 3.29% |
| Glencore plc | GLEN | 3.18% |
| YPF SA ADR | YPF.DE | 3.17% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 23, 2024 | $0.550 | Dec 24, 2024 |
| Jul 9, 2024 | $0.0723 | Jul 10, 2024 |
| Dec 21, 2023 | $0.6634 | Dec 22, 2023 |
| Jul 11, 2023 | $0.7038 | Jul 12, 2023 |
| Dec 21, 2022 | $1.8181 | Dec 22, 2022 |
| Jul 12, 2022 | $0.909 | Jul 13, 2022 |