GMO Climate Change Fund Class III (GCCHX)
| Fund Assets | 454.23M |
| Expense Ratio | 0.77% |
| Min. Investment | $1,000,000 |
| Turnover | 57.00% |
| Dividend (ttm) | 0.12 |
| Dividend Yield | 0.60% |
| Dividend Growth | -48.84% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 13, 2024 |
| Previous Close | 20.44 |
| YTD Return | 11.37% |
| 1-Year Return | -7.70% |
| 5-Year Return | 22.75% |
| 52-Week Low | 14.29 |
| 52-Week High | 23.32 |
| Beta (5Y) | n/a |
| Holdings | 95 |
| Inception Date | n/a |
About GCCHX
The GMO Climate Change Fund Class III is a dedicated equity mutual fund designed to capture opportunities arising from global efforts to address and adapt to climate change. Managed by GMO, the fund invests primarily in companies poised to benefit from the transition to a low-carbon economy, focusing on both direct climate solutions and industries providing materials and technologies essential for decarbonization. This includes sectors such as renewable energy, resource efficiency, clean technology, and critical materials like copper, nickel, and lithium. The portfolio is globally diversified across market capitalizations, aiming to optimize returns while mitigating risks by identifying value-driven opportunities wherever they may be. The GMO Climate Change Fund Class III stands out for its disciplined, value-oriented investment approach, targeting profitability that is largely independent of broader economic cycles. It plays a significant role in the financial market by supporting the growth of climate-related industries and providing investors access to what GMO views as one of the most important secular investment themes of our era—climate change mitigation and adaptation.
Performance
GCCHX had a total return of -7.70% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.91%.
Top 10 Holdings
33.88% of assets| Name | Symbol | Weight |
|---|---|---|
| LG Chem, Ltd. | 051910 | 4.61% |
| Darling Ingredients Inc. | DAR | 4.54% |
| Sunrun Inc. | RUN | 3.68% |
| SolarEdge Technologies, Inc. | SEDG | 3.67% |
| Ivanhoe Mines Ltd. | IVN | 3.62% |
| Valeo SE | FR | 3.10% |
| Sociedad Química y Minera de Chile S.A. | SQM | 3.07% |
| Veolia Environnement SA | VIE | 2.66% |
| Nexans S.A. | NEX | 2.61% |
| Array Technologies, Inc. | ARRY | 2.33% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 13, 2024 | $0.1215 | Dec 16, 2024 |
| Dec 12, 2023 | $0.2375 | Dec 13, 2023 |
| Dec 13, 2022 | $0.1233 | Dec 14, 2022 |
| Jul 12, 2022 | $0.5155 | Jul 13, 2022 |
| Dec 14, 2021 | $3.0086 | Dec 15, 2021 |
| Jul 7, 2021 | $2.1549 | Jul 8, 2021 |