Continue to site >
Trending ETFs
You have successfully subscribed to Advisor Access. Thank you!
Help us personalize your experience.
Which type of investor describes you best?
Help us personalize your experience.
What is your AUM?
Knowing your investable assets will help us build and prioritize features that will suit your investment needs.

Congratulations on personalizing your experience.

Email is verified. Thank you!

Name

As of 06/01/2026

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

GMO Resources Fund

GOVIX | Fund

$28.80

$1.36 B

6.26%

$1.79

0.67%

Vitals

YTD Return

33.9%

1 yr return

77.6%

3 Yr Avg Return

11.2%

5 Yr Avg Return

5.4%

Net Assets

$1.36 B

Holdings in Top 10

35.9%

52 WEEK LOW AND HIGH

$28.5
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.67%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A

Min Investment

Standard (Taxable)

$125,000,000

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 06/01/2026

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

GMO Resources Fund

GOVIX | Fund

$28.80

$1.36 B

6.26%

$1.79

0.67%

GOVIX - Profile

Distributions

  • YTD Total Return 33.9%
  • 3 Yr Annualized Total Return 11.2%
  • 5 Yr Annualized Total Return 5.4%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 6.21%
DIVIDENDS
  • Dividend Yield 6.3%
  • Dividend Distribution Frequency SemiAnnual

Fund Details

  • Legal Name
    GMO Resources Fund
  • Fund Family Name
    GMO Mutual Funds
  • Inception Date
    Mar 20, 2013
  • Shares Outstanding
    N/A
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Thomas Hancock

Fund Description

GMO seeks to achieve the Fund’s investment objective by investing the Fund’s assets primarily in equities of companies in the natural resources sector (as defined below). Given global population growth, the industrialization of emerging countries, and the clean energy transition, GMO believes that global demand for many natural resources will increase and, given the finite supply of natural resources, that prices of these natural resources will increase over a long time period. GMO also believes that the demand for clean energy will continue to increase. In managing the Fund, GMO seeks to invest the Fund’s assets in the securities of companies that it believes will benefit from, and avoid companies it believes will be adversely affected by, the long-term increase GMO expects in natural resource prices and the increasing demand for clean energy. GMO expects the Fund’s long-term performance to have a low correlation to the performance of equity markets generally.GMO selects the securities the Fund buys and sells based on its evaluation of companies’ published financial information and corporate behavior (such as profit warnings, share issuance or repurchase, and director dealings in company stock), securities’ prices, commodities’ prices, equity and bond markets, the overall global economy, and governmental policies. GMO also may consider ESG (environmental, social, and governance) criteria.In selecting securities for the Fund, GMO uses a combination of investment methods to identify natural resources equities GMO believes have positive return potential relative to other natural resources equities. Some of these methods evaluate individual companies or groups of companies based on the ratio of their security price to historical financial information and forecasted financial information, such as profitability, cash flow and earnings, and a comparison of these ratios to current and historical averages. Other methods focus on patterns of information, such as price movement or volatility of a security or groups of securities relative to other securities of companies in the natural resources sector. At times, the Fund may have substantial exposure to a single asset class, industry, sector, country, region, issuer, or currency and companies with similar market capitalizations. The Fund invests in companies tied economically to emerging markets. The Fund may invest its assets in securities of companies of any market capitalization and may invest a significant portion of its assets in securities of companies with smaller market capitalizations. The factors GMO considers and investment methods GMO uses can change over time. GMO does not manage the Fund to, or control the Fund’s risk relative to, any securities index or securities benchmark.As an alternative to investing directly in equities, the Fund may invest in exchange-traded and over-the-counter (OTC) derivatives and exchange-traded funds (ETFs). The Fund also may invest in derivatives and ETFs in an attempt to obtain or adjust elements of its long or short investment exposure. Derivatives used may include futures, options, forward currency contracts, and swap contracts. In addition, the Fund may lend its portfolio securities.The Fund has a fundamental policy to concentrate its investments in the natural resources sector, and under normal market conditions, the Fund invests at least 80% of its assets in the securities of companies in that sector (see “Name Policies”). The Fund considers the “natural resources sector” to include companies that own, produce, refine, process, transport, and market natural resources and companies that provide related equipment, infrastructure, and services. The sector includes, for example, the following industries: integrated oil, oil and gas exploration and production, gold and other precious metals, steel and iron ore production, energy services and technology, base metal production, forest products, farming products, paper products, chemicals, building materials, coal, water, alternative energy sources, and environmental services. The Fund is permitted to invest directly and indirectly (e.g., through underlying funds or derivatives) in securities of companies tied economically to any country in the world, including emerging countries. The Fund also may invest in U.S. Treasury Fund, in money market funds unaffiliated with GMO, and directly in the types of investments typically held by money market funds.
Read More

GOVIX - Performance

Return Ranking - Trailing

Period GOVIX Return Category Return Low Category Return High Rank in Category (%)
YTD 33.9% -6.8% 37.3% 6.93%
1 Yr 77.6% -7.5% 141.2% 10.89%
3 Yr 11.2%* -0.1% 39.9% 67.00%
5 Yr 5.4%* -4.4% 30.9% 69.39%
10 Yr 13.5%* 3.9% 22.5% 13.25%

* Annualized

Return Ranking - Calendar

Period GOVIX Return Category Return Low Category Return High Rank in Category (%)
2025 17.9% -10.9% 88.0% 53.47%
2024 -20.4% -20.7% 14.1% 97.03%
2023 -7.0% -13.1% 52.1% 78.00%
2022 -10.5% -34.9% 34.0% 59.18%
2021 10.4% -4.9% 83.5% 95.83%

Total Return Ranking - Trailing

Period GOVIX Return Category Return Low Category Return High Rank in Category (%)
YTD 33.9% -6.8% 37.3% 6.93%
1 Yr 77.6% -7.5% 141.2% 10.89%
3 Yr 11.2%* -0.1% 39.9% 67.00%
5 Yr 5.4%* -4.4% 30.9% 69.39%
10 Yr 13.5%* 3.9% 22.5% 13.25%

* Annualized

Total Return Ranking - Calendar

Period GOVIX Return Category Return Low Category Return High Rank in Category (%)
2025 23.1% -8.9% 93.4% 54.46%
2024 -17.6% -19.2% 16.4% 95.05%
2023 -3.4% -12.2% 57.6% 80.00%
2022 -0.8% -32.2% 35.5% 55.10%
2021 22.6% 6.7% 83.6% 83.33%

NAV & Total Return History

GOVIX - Holdings

Concentration Analysis

GOVIX Category Low Category High GOVIX % Rank
Net Assets 1.36 B 16.2 M 7.81 B 26.73%
Number of Holdings 99 28 718 32.67%
Net Assets in Top 10 406 M 6.8 M 5.38 B 41.58%
Weighting of Top 10 35.88% 8.8% 77.1% 76.24%

Top 10 Holdings

  1. BP PLC 4.53%
  2. Rio Tinto PLC 4.47%
  3. Darling Ingredients Inc 4.36%
  4. Glencore PLC 3.73%
  5. Albemarle Corp 3.67%
  6. California Resources Corp 3.21%
  7. Petroleo Brasileiro SA - Petrobras 3.12%
  8. Bradespar SA 2.97%
  9. Vista Energy SAB de CV 2.93%
  10. YPF SA 2.89%

Asset Allocation

Weighting Return Low Return High GOVIX % Rank
Stocks 		93.65% 0.00% 130.51% 92.08%
Preferred Stocks 		6.10% 0.00% 6.10% 4.95%
Cash 		0.26% 0.00% 26.40% 85.15%
Other 		0.00% -0.01% 20.25% 79.21%
Convertible Bonds 		0.00% 0.00% 0.43% 77.23%
Bonds 		0.00% 0.00% 82.21% 79.21%

Stock Sector Breakdown

Weighting Return Low Return High GOVIX % Rank
Energy 		35.82% 0.00% 89.67% 42.57%
Basic Materials 		31.97% 2.49% 100.00% 65.35%
Industrials 		11.55% 0.00% 63.67% 31.68%
Technology 		8.11% 0.00% 17.68% 7.92%
Consumer Defense 		7.03% 0.00% 33.96% 18.81%
Financial Services 		4.52% 0.00% 4.52% 4.95%
Utilities 		0.55% 0.00% 35.93% 44.55%
Real Estate 		0.45% 0.00% 25.29% 27.72%
Healthcare 		0.00% 0.00% 22.67% 88.12%
Communication Services 		0.00% 0.00% 0.00% 77.23%
Consumer Cyclical 		0.00% 0.00% 43.37% 89.11%

Stock Geographic Breakdown

Weighting Return Low Return High GOVIX % Rank
US 		49.51% 0.00% 99.97% 76.24%
Non US 		44.14% 0.00% 88.36% 30.69%

GOVIX - Expenses

Operational Fees

GOVIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.67% 0.08% 2.99% 72.28%
Management Fee 0.60% 0.03% 1.00% 36.63%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.03% 0.25% N/A

Sales Fees

GOVIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% 54.29%
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

GOVIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 2.00% 2.00% 100.00%

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

GOVIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 4.00% 169.00% 73.68%

GOVIX - Distributions

Dividend Yield Analysis

GOVIX Category Low Category High GOVIX % Rank
Dividend Yield 6.26% 0.00% 12.19% 14.85%

Dividend Distribution Analysis

GOVIX Category Low Category High Category Mod
Dividend Distribution Frequency SemiAnnual Annual SemiAnnual Annual

Net Income Ratio Analysis

GOVIX Category Low Category High GOVIX % Rank
Net Income Ratio 6.21% -35.65% 6.21% 1.00%

Capital Gain Distribution Analysis

GOVIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Distributions History

View More +

GOVIX - Fund Manager Analysis

Managers

Thomas Hancock

Start Date

Tenure

Tenure Rank

Dec 28, 2011

10.43

10.4%

Dr. Hancock is the head of GMO's Focused Equity team and the portfolio manager for the Quality Strategy. Previously, at GMO, he was co-head of the Global Equity team. He is a partner of the firm. Prior to joining GMO in 1995, he was a research analyst at Siemens and a software engineer at IBM. Dr. Hancock holds a Ph.D. in Computer Science from Harvard University and B.S. and M.S. degrees from Rensselaer Polytechnic Institute.

Lucas White

Start Date

Tenure

Tenure Rank

Sep 01, 2015

6.75

6.8%

Mr. White has been responsible for providing portfolio management and research services for GMO’s Focused Equity portfolios since September 2015. Mr. White previously served in other capacities at GMO, including providing portfolio management for the GMO Quality Strategy, since joining GMO in 2006.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.16 24.18 7.69 0.54

Advertisement

×

Wait! Do you know all the important aspects of mutual funds?

×

Free Advisor Access newsletter emailed to you.

Receive free and exclusive email updates for financial advisors about best performers, news, CE accredited webcasts and more.

Sign up for Advisor Access

Receive email updates about best performers, news, CE accredited webcasts and more.

Disclaimer: By registering, you agree to share your data with MutualFunds.com and opt-in to receiving occasional communications about projects and events. The contents of this form are subject to the MutualFunds.com Privacy Policy. You can unsubscribe at any time.