GMO U.S. Opportunistic Value I (PPAEX)
| Fund Assets | 317.65M |
| Expense Ratio | 0.59% |
| Min. Investment | $125,000,000 |
| Turnover | 65.00% |
| Dividend (ttm) | 3.95 |
| Dividend Yield | 18.40% |
| Dividend Growth | 221.73% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Jun 25, 2025 |
| Previous Close | 21.65 |
| YTD Return | 0.23% |
| 1-Year Return | 3.48% |
| 5-Year Return | n/a |
| 52-Week Low | 19.05 |
| 52-Week High | 25.07 |
| Beta (5Y) | n/a |
| Holdings | 167 |
| Inception Date | Feb 15, 2023 |
About PPAEX
GMO U.S. Opportunistic Value Fund Class I is a mutual fund structured to achieve total return primarily through investments in U.S. equities. Managed by GMO, the fund employs an active, value-oriented strategy, focusing explicitly on the most undervalued segment of the American stock market—what the investment team terms “deep value,” or the cheapest 20% of U.S. stocks. Rather than tracking standard value definitions, the fund leverages systematic research to identify companies trading at significant discounts relative to their fundamentals, aiming to capitalize on market dislocations and inefficiencies. Benchmarked against the MSCI U.S. Value Index, the fund maintains broad diversification across sectors, with top holdings often including major companies in technology, financials, health care, and energy. Typical characteristics of the portfolio include lower price-to-earnings and price-to-book ratios compared to its benchmark, reflecting its disciplined value focus. The fund is suitable for investors seeking exposure to U.S. large-cap value stocks through a rigorously managed, research-driven approach, and it is distinct within its peer group for its concentrated deep value methodology and competitive expense ratio.
Performance
PPAEX had a total return of 3.48% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.06%.
Top 10 Holdings
25.95% of assets| Name | Symbol | Weight |
|---|---|---|
| Johnson & Johnson | JNJ | 3.24% |
| Exxon Mobil Corporation | XOM | 3.21% |
| JPMorgan Chase & Co. | JPM | 3.12% |
| Chevron Corporation | CVX | 2.60% |
| Verizon Communications Inc. | VZ | 2.59% |
| QUALCOMM Incorporated | QCOM | 2.30% |
| Pfizer Inc. | PFE | 2.28% |
| Comcast Corporation | CMCSA | 2.28% |
| Merck & Co., Inc. | MRK | 2.21% |
| Bank of America Corporation | BAC | 2.15% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 25, 2025 | $1.8098 | Jun 26, 2025 |
| Dec 6, 2024 | $2.141 | Dec 9, 2024 |
| Jul 9, 2024 | $0.5155 | Jul 10, 2024 |
| Dec 12, 2023 | $0.7125 | Dec 13, 2023 |
| Jul 11, 2023 | $0.4021 | Jul 12, 2023 |