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Trending ETFs

Name

As of 06/17/2024

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

$22.76

$486 M

3.34%

$0.76

1.04%

Vitals

YTD Return

7.1%

1 yr return

17.2%

3 Yr Avg Return

N/A

5 Yr Avg Return

N/A

Net Assets

$486 M

Holdings in Top 10

30.5%

52 WEEK LOW AND HIGH

$22.6
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.04%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A


Min Investment

Standard (Taxable)

N/A

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 06/17/2024

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

$22.76

$486 M

3.34%

$0.76

1.04%

PPAEX - Profile

Distributions

  • YTD Total Return 7.1%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio N/A
DIVIDENDS
  • Dividend Yield 3.3%
  • Dividend Distribution Frequency SemiAnnual

Fund Details

  • Legal Name
    GMO U.S. Opportunistic Value Fund
  • Fund Family Name
    GMO Mutual Funds
  • Inception Date
    Feb 17, 2023
  • Shares Outstanding
    N/A
  • Share Class
    I
  • Currency
    USD
  • Domiciled Country
    US

Fund Description

GMO seeks to achieve the Fund’s investment objective by investing the Fund’s assets primarily in securities traded in U.S. equity markets. GMO selects the securities the Fund buys and sells based on its evaluation of companies’ published financial information, securities prices, equity and other markets (e.g., bond and currency), the overall global economy, and governmental policies. The Fund seeks to capitalize opportunistically on what GMO believes to be market dislocations within the U.S. equity markets.In selecting securities for the Fund, GMO’s quantitative investment process uses a combination of investment methods to identify securities GMO believes have positive return potential relative to other securities tied economically to U.S. equity markets. A key component of the process is GMO’s proprietary methodology for analyzing company asset values (including intangible assets) and generating equity return forecasts, which are then incorporated into relative valuations models. 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 return on invested capital, profitability, cash flow and earnings, and a comparison of these ratios to current and historical industry, market or company averages. Other methods focus on patterns of information, such as price movement or volatility of an asset class, security, or market. In constructing the Fund’s portfolio, GMO considers a number of factors, including position size, sector and industry exposure, market capitalization, liquidity, and transaction costs. GMO also may consider ESG (environmental, social, and governance) criteria. Among other ESG criteria, GMO generally avoids investing the Fund’s assets in companies engaged in the manufacture, supply, or distribution of cluster munitions, as well as companies primarily involved in the mining and production of coal and coal-related products used in the generation of energy. At times, the Fund expects to have substantial exposure to a single asset class, industry, sector or companies with similar market capitalizations. The Fund may invest in securities of companies of any market capitalization. The factors GMO considers and investment methods GMO uses can change over time.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, and swap contracts. In addition, the Fund may lend its portfolio securities.Under normal circumstances, the Fund invests directly and indirectly (e.g., through underlying funds or derivatives) at least 80% of its assets in companies tied economically to the United States (see “Name Policies”).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.
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PPAEX - Performance

Return Ranking - Trailing

Period PPAEX Return Category Return Low Category Return High Rank in Category (%)
YTD 7.1% N/A N/A N/A
1 Yr 17.2% N/A N/A N/A
3 Yr N/A* N/A N/A N/A
5 Yr N/A* N/A N/A N/A
10 Yr N/A* N/A N/A N/A

* Annualized

Return Ranking - Calendar

Period PPAEX Return Category Return Low Category Return High Rank in Category (%)
2023 N/A N/A N/A N/A
2022 N/A N/A N/A N/A
2021 N/A N/A N/A N/A
2020 N/A N/A N/A N/A
2019 N/A N/A N/A N/A

Total Return Ranking - Trailing

Period PPAEX Return Category Return Low Category Return High Rank in Category (%)
YTD 7.1% N/A N/A N/A
1 Yr 17.2% N/A N/A N/A
3 Yr N/A* N/A N/A N/A
5 Yr N/A* N/A N/A N/A
10 Yr N/A* N/A N/A N/A

* Annualized

Total Return Ranking - Calendar

Period PPAEX Return Category Return Low Category Return High Rank in Category (%)
2023 N/A N/A N/A N/A
2022 N/A N/A N/A N/A
2021 N/A N/A N/A N/A
2020 N/A N/A N/A N/A
2019 N/A N/A N/A N/A

NAV & Total Return History


PPAEX - Holdings

Concentration Analysis

PPAEX Category Low Category High PPAEX % Rank
Net Assets 486 M N/A N/A N/A
Number of Holdings 135 N/A N/A N/A
Net Assets in Top 10 165 M N/A N/A N/A
Weighting of Top 10 30.54% N/A N/A N/A

Top 10 Holdings

  1. JPMorgan Chase Co 4.06%
  2. Exxon Mobil Corp 3.58%
  3. Alphabet Inc 3.58%
  4. Meta Platforms Inc 3.46%
  5. Bank of America Corp 3.10%
  6. Chevron Corp 3.03%
  7. Johnson Johnson 2.65%
  8. Cisco Systems Inc 2.44%
  9. Comcast Corp 2.38%
  10. International Business Machines Corp 2.28%

Asset Allocation

Weighting Return Low Return High PPAEX % Rank
Stocks
99.73% N/A N/A N/A
Cash
0.27% N/A N/A N/A
Preferred Stocks
0.00% N/A N/A N/A
Other
0.00% N/A N/A N/A
Convertible Bonds
0.00% N/A N/A N/A
Bonds
0.00% N/A N/A N/A

Stock Sector Breakdown

Weighting Return Low Return High PPAEX % Rank
Utilities
0.00% N/A N/A N/A
Technology
0.00% N/A N/A N/A
Real Estate
0.00% N/A N/A N/A
Industrials
0.00% N/A N/A N/A
Healthcare
0.00% N/A N/A N/A
Financial Services
0.00% N/A N/A N/A
Energy
0.00% N/A N/A N/A
Communication Services
0.00% N/A N/A N/A
Consumer Defense
0.00% N/A N/A N/A
Consumer Cyclical
0.00% N/A N/A N/A
Basic Materials
0.00% N/A N/A N/A

Stock Geographic Breakdown

Weighting Return Low Return High PPAEX % Rank
US
99.73% N/A N/A N/A
Non US
0.00% N/A N/A N/A

PPAEX - Expenses

Operational Fees

PPAEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.04% N/A N/A N/A
Management Fee 0.46% N/A N/A N/A
12b-1 Fee N/A N/A N/A N/A
Administrative Fee N/A N/A N/A N/A

Sales Fees

PPAEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A N/A N/A N/A
Deferred Load N/A N/A N/A N/A

Trading Fees

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

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.

PPAEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A N/A N/A N/A

PPAEX - Distributions

Dividend Yield Analysis

PPAEX Category Low Category High PPAEX % Rank
Dividend Yield 3.34% N/A N/A N/A

Dividend Distribution Analysis

PPAEX Category Low Category High Category Mod
Dividend Distribution Frequency SemiAnnual

Net Income Ratio Analysis

PPAEX Category Low Category High PPAEX % Rank
Net Income Ratio N/A N/A N/A N/A

Capital Gain Distribution Analysis

PPAEX Category Low Category High Capital Mode
Capital Gain Distribution Frequency

Distributions History

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PPAEX - Fund Manager Analysis

Tenure Analysis

Category Low Category High Category Average Category Mode
N/A N/A N/A N/A