GMO U.S. Opportunistic Value III (PPADX)

Fund Assets	338.70M
Expense Ratio	0.486%
Min. Investment	$300,000,000
Turnover	72.00%
Dividend (ttm)	0.35
Dividend Yield	1.41%
Dividend Growth	-52.52%
Payout Frequency	Semi-Annual
Ex-Dividend Date	Jul 7, 2026

Previous Close	24.79
YTD Return	21.32%
1-Year Return	25.46%
5-Year Return	n/a
52-Week Low	21.21
52-Week High	25.22
Beta (5Y)	n/a
Holdings	166
Inception Date	Feb 15, 2023

About PPADX

The GMO U.S. Opportunistic Value Fund Class III is an actively managed mutual fund that specializes in U.S. equities, aiming to deliver total return by targeting deeply undervalued stocks. The fund’s strategy is driven by GMO’s Asset Allocation Team, which conducts top-down analysis to pinpoint the most attractively valued segments within the U.S. market, specifically focusing on the lowest-valued 20% of stocks. By deliberately excluding "shallow value" equities—those considered expensive relative to historical norms—the fund concentrates on names identified by GMO’s Systematic Equity team as truly undervalued, seeking to capitalize on market inefficiencies that are not always captured by standard financial metrics or index definitions. The fund’s benchmark is the MSCI U.S. Value Index, providing context for its performance evaluation. As a focused fund, it invests in a limited number of issuers, which can amplify both potential returns and risks. The GMO U.S. Opportunistic Value Fund Class III plays a significant role for investors or institutions seeking exposure to value-oriented U.S. stocks with an emphasis on disciplined, data-driven security selection and active risk management.

• Fund Family: GMO
• Category: Large Value
• Performance Rating: Average
• Risk Rating: Above Average
• Stock Exchange: Nasdaq
• Ticker Symbol: PPADX
• Share Class: Class III
• Index: MSCI USA Value TR USD

Performance

PPADX had a total return of 25.46% in the past year, including dividends. Since the fund's inception, the average annual return has been 20.45%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
UUOAX	Class Vi	0.40%
PPAJX	Class R6	0.50%
PPAEX	Class I	0.61%

Top 10 Holdings

28.23% of assets

Name	Symbol	Weight
Meta Platforms, Inc.	META	5.16%
Alphabet Inc.	GOOGL	3.88%
QUALCOMM Incorporated	QCOM	3.35%
Merck & Co., Inc.	MRK	2.67%
ExxonMobil Holdings Corporation	XOM	2.57%
Verizon Communications Inc.	VZ	2.36%
Bank of America Corporation	BAC	2.15%
Pfizer Inc.	PFE	2.09%
UnitedHealth Group Incorporated	UNH	2.02%
Johnson & Johnson	JNJ	1.97%

Dividend History

Ex-Dividend	Amount	Pay Date
Jul 7, 2026	$1.4071	Jul 8, 2026
Dec 5, 2025	$0.9245	Dec 8, 2025
Jun 25, 2025	$1.8256	Jun 26, 2025
Dec 6, 2024	$2.1581	Dec 9, 2024
Jul 9, 2024	$0.5278	Jul 10, 2024
Dec 12, 2023	$0.6573	Dec 13, 2023

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Oct 30, 2026

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