GMO U.S. Opportunistic Value III (PPADX)
| Fund Assets | 416.15M |
| Expense Ratio | 0.49% |
| Min. Investment | $1,000,000 |
| Turnover | 65.00% |
| Dividend (ttm) | 3.98 |
| Dividend Yield | 19.16% |
| Dividend Growth | 236.15% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Jun 25, 2025 |
| Previous Close | 20.46 |
| YTD Return | -3.26% |
| 1-Year Return | -1.53% |
| 5-Year Return | n/a |
| 52-Week Low | 19.12 |
| 52-Week High | 25.16 |
| Beta (5Y) | n/a |
| Holdings | 155 |
| 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.
Performance
PPADX had a total return of -1.53% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.55%.
Top 10 Holdings
28.99% of assets| Name | Symbol | Weight |
|---|---|---|
| JPMorgan Chase & Co. | JPM | 3.73% |
| Exxon Mobil Corporation | XOM | 3.57% |
| Johnson & Johnson | JNJ | 3.47% |
| Chevron Corporation | CVX | 3.03% |
| Cisco Systems, Inc. | CSCO | 2.99% |
| Verizon Communications Inc. | VZ | 2.71% |
| Bank of America Corporation | BAC | 2.42% |
| Pfizer Inc. | PFE | 2.40% |
| Comcast Corporation | CMCSA | 2.39% |
| Merck & Co., Inc. | MRK | 2.28% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| 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 |
| Jul 11, 2023 | $0.4042 | Jul 12, 2023 |