GMO Resources I (GEACX)
| Fund Assets | 1.22B |
| Expense Ratio | 0.85% |
| Min. Investment | $750,000,000 |
| Turnover | 48.00% |
| Dividend (ttm) | 0.58 |
| Dividend Yield | 3.23% |
| Dividend Growth | -56.49% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Dec 23, 2024 |
| Previous Close | 18.12 |
| YTD Return | -1.69% |
| 1-Year Return | -12.09% |
| 5-Year Return | n/a |
| 52-Week Low | 14.05 |
| 52-Week High | 22.07 |
| Beta (5Y) | n/a |
| Holdings | 116 |
| Inception Date | Jan 22, 2021 |
About GEACX
GMO Resources Fund Class I is a mutual fund specializing in investments within the natural resources sector. Its primary objective is to deliver total return by allocating assets to equities of companies that are engaged in the production, refinement, processing, transportation, and marketing of natural resources, as well as those providing related equipment and services. The fund maintains a diversified portfolio with exposure across energy, metals, agriculture, and water industries, seeking opportunities globally and across various market capitalizations, including emerging markets. This approach positions the fund to tap into structural trends such as growing global demand from emerging economies and the decreasing availability of easily accessible natural resources. The fund emphasizes rigorous selection of companies believed to benefit from sustained increases in resource prices, and its sector-focused strategy makes it an important vehicle for investors seeking exposure to the long-term dynamics of global commodities and resource markets. Managed by an experienced team, GMO Resources Fund Class I stands out for its disciplined investment process and global reach in the natural resources domain.
Performance
GEACX had a total return of -12.09% in the past year, including dividends. Since the fund's inception, the average annual return has been -2.93%.
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 | $0.5165 | Dec 24, 2024 |
| Jul 9, 2024 | $0.0655 | Jul 10, 2024 |
| Dec 21, 2023 | $0.644 | Dec 22, 2023 |
| Jul 11, 2023 | $0.6935 | Jul 12, 2023 |
| Dec 21, 2022 | $1.8015 | Dec 22, 2022 |
| Jul 12, 2022 | $0.8957 | Jul 13, 2022 |