GMOCX — GMO Resource Transition Fund

GMOCX Fund Overview

GMOCX — GMO Resource Transition Fund is a US mutual fund managed by Gmo Trust, categorised as Global (incl. US) Mid Cap Blend / Core Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.

• Type: US mutual fund
• Manager: Gmo Trust
• Category: Global (incl. US) Mid Cap Blend / Core Equity
• Assets under management: $193.61M
• Ticker: GMOCX
• SEC CIK: 0000772129
• SEC series ID: S000079719
• Share class ID: C000241006

GMOCX Investment Objective and Strategy

GMO Resource Transition Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Gmo Trust.

Investment objective

Total return.

Principal investment strategy

GMO seeks to achieve the Funds investment objective by investing the Funds assets primarily in equities of companies in the resource transition 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 Funds 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 Funds 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 resource transition equities GMO believes have positive return potential relative to the securities of other resource transition 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 resource transition 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 Funds 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 resource transition sector. In addition, 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 resource transition sector to include companies that own, produce, refine, process, transport, and market natural resources other than fossil fuels and companies that provide related equipment, infrastructure, and services.

The sector includes, for example companies in the following industries: diversified mining, precious metals, steel and iron ore production, energy services and technology, base metal production, forest products, farming products, paper products, chemicals, building materials, water, alternative energy sources, and environmental services. The Fund does not consider the integrated oil and gas or oil and gas exploration and production industries to be part of the resource transition sector. 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.

GMOCX Holdings

Top 10 holdings of GMO Resource Transition Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.

View all GMOCX holdings

GMOCX Portfolio Allocation

Asset-class allocation of GMO Resource Transition Fund by percentage of net assets, from the latest SEC N-PORT filing.

GMOCX Performance

Total returns for GMOCX (as of 2026-10-01), from SEC filings.

GMOCX Risk Information

Risk metrics for GMOCX, derived from monthly returns in SEC filings.

• 1-year volatility (annualised): 15.8%

GMOCX Costs and Fees

GMOCX costs about $110 per $10,000 invested per year in fund expenses.

• Net expense ratio: 1.10%
• Gross expense ratio: 1.22%
• Portfolio turnover: 73%
• Brokerage commissions: 5.44 bps of average net assets (SEC N-CEN)

GMOCX Cashflows

Over the 12 months to 2026-05, GMO Resource Transition Fund had net inflows of $5.65M, from monthly SEC N-PORT filings.

GMOCX Debt Constituents

No individual debt constituents are reported in GMO Resource Transition Fund's latest SEC N-PORT filing.

GMOCX Prospectus and SEC Filings

Official GMO Resource Transition Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

• Prospectus (485BPOS) — filed 2026-06-30
• Prospectus (485BPOS) — filed 2024-06-28
• Prospectus supplement (497) — filed 2026-04-29
• Portfolio holdings (N-PORT) — filed 2026-07-29
• Portfolio holdings (N-PORT) — filed 2026-04-29
• Portfolio holdings (N-PORT) — filed 2026-01-29
• Annual census (N-CEN) — filed 2026-05-13
• Annual census (N-CEN) — filed 2025-05-13

Related Funds

Other Global (incl. US) Mid Cap Blend / Core Equity funds tracked on ABC INVEST:

• First Eagle Global Fund (SGENX)
• Fidelity Low-Priced Stock Fund (FLPSX)
• Dodge & Cox Global Stock Fund (DODWX)
• Old Westbury Small & Mid Cap Strategies Fund (OWSMX)
• AQR Long-Short Equity Fund (QLEIX)

Data Sources

ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.