GMOCX Performance — GMO Resource Transition Fund
Data updated: 2026-07-29
GMOCX returned +27.81% year to date and +98.55% over one year to May 2026. The annualised 3-year return is +11.25%. Against its Global Mid-Cap Blend category average the fund came out behind over three years but ahead over one: $100 invested three years ago grew to $138, against $157 for the category, and to $199 over one year, against $125. Volatility over the past three years was 26.29% a year. In the 12 months to May 2026 the fund took in a net $5.6M, and assets reached $193.61M. Returns are those of sibling share class GMOYX; this class's own returns are not reported in filings.
GMOCX Growth of $100
What $100 invested in GMO Resource Transition Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Global Mid-Cap Blend category average over the same months.
| Period | GMOCX | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $199 | $125 |
| 3 years (Jun 2023 – May 2026) | $138 | $157 |
| Since data start (Feb 2023 – May 2026) | $115 | $147 |
GMOCX Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +27.81% |
| 1 year | +98.55% |
| 3 years (annualised) | +11.25% |
GMOCX Annual Returns
Calendar-year total returns of GMO Resource Transition Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +27.81% |
| 2025 | +47.40% |
| 2024 | −26.24% |
| 2023 (Feb–Dec) | −17.12% |
GMOCX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +15.0% | +3.8% | −0.3% | +4.2% | +3.0% | — | — | — | — | — | — | — |
| 2025 | +2.6% | −8.6% | −2.1% | −3.5% | +7.1% | +7.5% | +4.2% | +14.8% | +5.1% | +5.6% | +3.5% | +5.0% |
| 2024 | −13.6% | −1.4% | +7.5% | −2.1% | +6.9% | −11.5% | +3.4% | −1.1% | +4.4% | −6.6% | −2.4% | −10.8% |
| 2023 | — | −5.1% | −2.6% | −1.9% | −7.7% | +7.5% | +7.3% | −12.6% | −4.9% | −13.1% | +6.6% | +11.4% |
GMOCX Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 26.29%
- 3-year Sharpe ratio: 0.26 (vs 4.5% risk-free rate)
- Best month: +15.05% (Jan 2026)
- Worst month: −13.58% (Jan 2024)
GMOCX Fund Flows
Monthly money in and out of GMO Resource Transition Fund, from SEC Form N-PORT.
- 12-month net flow: $5.6M
- 12-month gross sales (incl. reinvestments): $5.6M
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $0 | $0 | $0 |
| Apr 2026 | $450K | $0 | $450K |
| Mar 2026 | $0 | $0 | $0 |
| Feb 2026 | $0 | $0 | $0 |
| Jan 2026 | $0 | $0 | $0 |
| Dec 2025 | $5.1M | $0 | $5.1M |
| Nov 2025 | $0 | $0 | $0 |
| Oct 2025 | $0 | $0 | $0 |
| Sep 2025 | $0 | $0 | $0 |
| Aug 2025 | $0 | $0 | $0 |
| Jul 2025 | $50K | $0 | $50K |
| Jun 2025 | $0 | $0 | $0 |
GMOCX Assets Under Management
Net assets of GMO Resource Transition Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $193.61M |
| 2026-02-28 | $180.47M |
| 2025-11-30 | $143.98M |
| 2025-08-31 | $125.24M |
| 2025-05-31 | $97.24M |
| 2025-02-28 | $96.21M |
| 2024-11-30 | $114.94M |
| 2024-08-31 | $120.74M |
| 2024-05-31 | $133.34M |
| 2024-02-29 | $118.42M |
| 2023-11-30 | $360.99M |
| 2023-08-31 | $409.58M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.