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Morningstar

GMO Resources III GOFIX

Morningstar Medalist Rating
Medalist Rating as of | See GMO Investment Hub
  • NAV / 1-Day Return 21.72  /  −0.55 %
  • Total Assets 2.1 Bil
  • Adj. Expense Ratio
    0.720%
  • Expense Ratio 0.720%
  • Distribution Fee Level Below Average
  • Share Class Type Institutional
  • Category Natural Resources
  • Investment Style Mid Value
  • Min. Initial Investment 5.0 Mil
  • Status Open
  • TTM Yield 3.89%
  • Turnover 65%

USD | NAV as of Apr 18, 2024 | 1-Day Return as of Apr 18, 2024, 10:16 PM GMT+0

Morningstar’s Analysis GOFIX

Will GOFIX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable GOFIX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the GOFIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of GOFIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A strong management team and sound investment process underpin GMO Resources III's Morningstar Medalist Rating of Gold.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a cost advantage over competitors, priced within the second-lowest fee quintile among peers.

by Morningstar Manager Research
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Portfolio Holdings GOFIX

More GOFIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 39.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Kosmos Energy Ltd

5.50 115.5 Mil
Energy

Darling Ingredients Inc

4.47 94.0 Mil
Consumer Defensive

Ivanhoe Mines Ltd Class A

4.23 88.9 Mil
Basic Materials

Glencore PLC

4.07 85.4 Mil
Basic Materials

Bradespar SA Participating Preferred

3.97 83.3 Mil
Financial Services

BP PLC

3.71 78.0 Mil
Energy

Petroleo Brasileiro SA Petrobras Participating Preferred

3.60 75.6 Mil
Energy

Shell PLC

3.26 68.4 Mil
Energy

Sunrun Inc

3.24 68.0 Mil
Technology

Galp Energia SGPS SA

3.19 67.1 Mil
Energy