Gotham Enhanced Return Institutional
- GENIX
- Price as of: May 14, 2021
-
$12.76
N/A N/A
- Primary Theme
- U.S. Mid-Cap Blend Equity
- Fund Company
- Gotham
- Share Class
GENIX - Snapshot
Vitals
- YTD Return 21.0%
- 3 Yr Annualized Return 7.6%
- 5 Yr Annualized Return 9.9%
- Net Assets $222 M
- Holdings in Top 10 11.9%
52 WEEK LOW AND HIGH
Expenses
OPERATING RELATED FEES
- Expense Ratio 2.22%
SALES FEES
- Front Load N/A
- Deferred Load N/A
BROKERAGE FEES
- Turnover 213.00%
TRADING FEES
- Max Redemption Fee 1.00%
Min Investment
- Standard (Taxable) $100,000
- IRA N/A
Fund Classification
-
Primary Theme
U.S. Mid-Cap Blend Equity
- Fund Type Open End Mutual Fund
- Investment Style Mid-Cap Blend
GENIX - Profile
Distributions
- YTD Total Return 21.0%
- 3 Yr Annualized Total Return 7.6%
- 5 Yr Annualized Total Return 9.9%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.37%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameGotham Enhanced Return Fund
-
Fund Family NameGotham
-
Inception DateMay 31, 2013
-
Shares OutstandingN/A
-
Share ClassInst
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerJoel Greenblatt
Fund Description
The fund seeks to achieve its investment objective by investing under normal circumstances in long and short positions of equity and equity-related securities, primarily companies traded on U.S. markets. It seeks a total return greater than that of the S&P 500® Index over a full market cycle, which is a period that includes both a bull (rising) market and a bear (falling) market cycle.
GENIX - Performance
Return Ranking - Trailing
| Period | GENIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 21.0% | -72.1% | 41.7% | 8.16% |
| 1 Yr | 34.4% | 9.7% | 136.0% | 97.90% |
| 3 Yr | 7.6%* | 4.9% | 27.4% | 95.52% |
| 5 Yr | 9.9%* | 2.2% | 24.1% | 92.31% |
| 10 Yr | N/A* | 4.7% | 16.4% | N/A |
* Annualized
Return Ranking - Calendar
| Period | GENIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2020 | -8.3% | -17.7% | 2510.2% | 97.83% |
| 2019 | -8.5% | -19.0% | 37.5% | 99.49% |
| 2018 | -13.8% | -77.7% | 5.5% | 35.17% |
| 2017 | 17.1% | -62.4% | 21.5% | 8.77% |
| 2016 | 13.4% | -16.4% | 39.8% | 31.15% |
Total Return Ranking - Trailing
| Period | GENIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 21.0% | -72.0% | 41.7% | 8.16% |
| 1 Yr | 34.4% | 9.7% | 136.0% | 97.42% |
| 3 Yr | 7.6%* | 4.5% | 27.4% | 95.00% |
| 5 Yr | 9.9%* | 2.2% | 24.1% | 91.18% |
| 10 Yr | N/A* | 4.7% | 16.4% | N/A |
* Annualized
Total Return Ranking - Calendar
| Period | GENIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2020 | -8.3% | -17.7% | 2510.2% | 97.83% |
| 2019 | -8.5% | -19.0% | 37.5% | 99.49% |
| 2018 | -6.0% | -44.3% | 5.5% | 5.25% |
| 2017 | 18.2% | -62.4% | 24.9% | 18.71% |
| 2016 | 13.4% | -6.1% | 39.8% | 51.15% |
NAV & Total Return History
GENIX - Holdings
Concentration Analysis
| GENIX | Category Low | Category High | GENIX % Rank | |
|---|---|---|---|---|
| Net Assets | 222 M | 223 K | 150 B | 65.53% |
| Number of Holdings | 1744 | 1 | 3451 | 2.29% |
| Net Assets in Top 10 | 29.5 M | 34.5 K | 9.31 B | 67.28% |
| Weighting of Top 10 | 11.85% | 2.5% | 100.0% | 68.91% |
Top 10 Holdings
- Alphabet Inc A 1.66%
- Amazon.com Inc 1.52%
- Facebook Inc A 1.44%
- CVS Health Corp 1.41%
- Oracle Corp 1.39%
- AT&T Inc 1.34%
- Apple Inc 1.34%
- Chevron Corp 1.16%
- Target Corp 1.15%
- Bristol-Myers Squibb Company 1.12%
Asset Allocation
| Weighting | Return Low | Return High | GENIX % Rank | |
|---|---|---|---|---|
| Stocks | 82.44% | 0.00% | 101.31% | 97.72% |
| Other | 13.55% | -3.77% | 13.55% | 0.23% |
| Cash | 4.02% | -1.31% | 43.87% | 13.04% |
| Preferred Stocks | 0.00% | 0.00% | 4.55% | 58.35% |
| Convertible Bonds | 0.00% | 0.00% | 6.42% | 55.61% |
| Bonds | 0.00% | 0.00% | 76.97% | 57.76% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | GENIX % Rank | |
|---|---|---|---|---|
| Technology | 22.51% | 0.00% | 44.52% | 18.76% |
| Consumer Cyclical | 17.45% | 0.00% | 37.86% | 12.81% |
| Industrials | 15.23% | 0.00% | 47.80% | 64.53% |
| Healthcare | 12.98% | 0.00% | 26.69% | 27.23% |
| Communication Services | 10.26% | 0.00% | 33.21% | 8.70% |
| Consumer Defense | 7.35% | 0.00% | 27.91% | 13.73% |
| Basic Materials | 5.45% | 0.00% | 19.09% | 25.17% |
| Financial Services | 4.28% | 1.37% | 45.51% | 98.17% |
| Energy | 2.78% | 0.00% | 52.74% | 36.84% |
| Utilities | 1.71% | 0.00% | 16.31% | 76.43% |
| Real Estate | 0.00% | 0.00% | 19.40% | 94.74% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | GENIX % Rank | |
|---|---|---|---|---|
| US | 80.25% | 38.52% | 100.47% | 95.42% |
| Non US | 2.19% | 0.00% | 28.35% | 44.39% |
GENIX - Expenses
Operational Fees
| GENIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 2.22% | 0.02% | 15.92% | 6.97% |
| Management Fee | 1.25% | 0.00% | 1.69% | 98.85% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.01% | 0.35% | N/A |
Sales Fees
| GENIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 2.00% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 4.50% | N/A |
Trading Fees
| GENIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | 1.00% | 1.00% | 2.00% | 92.00% |
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.
| GENIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 213.00% | 2.00% | 453.00% | 98.54% |
GENIX - Distributions
Dividend Yield Analysis
| GENIX | Category Low | Category High | GENIX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 1.84% | 60.27% |
Dividend Distribution Analysis
| GENIX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annually | Annually | Quarterly | Annually |
Net Income Ratio Analysis
| GENIX | Category Low | Category High | GENIX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -0.37% | -1.52% | 2.91% | 91.76% |
Capital Gain Distribution Analysis
| GENIX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
GENIX - Fund Manager Analysis
Managers
Joel Greenblatt
Start Date
Tenure
Tenure Rank
May 31, 2013
7.92
7.9%
Mr. Joel Greenblatt is the Founder and serves as Managing Principal & Co-Chief Investment Officer at Gotham Asset Management. Since 1996, he has been a professor on the adjunct faculty of Columbia Business School where he teaches "Value and Special Situation Investing." Mr. Greenblatt is a director of Pzena Investment Management, Inc., a global investment management firm. He formerly served on the Investment Boards of the University of Pennsylvania and the UJA Federation. Mr. Greenblatt is the author of You Can Be A Stock Market Genius (Simon & Schuster, 1997), The Little Book that Beats the Market (Wiley, 2005), The Little Book that Still Beats the Market (Wiley, 2010), and The Big Secret for the Small Investor (Random House, 2011). He is the Former Chairman of the Board (1994-1995) of Alliant Techsystems, an NYSE-listed aerospace and defense contractor. He holds a BS (1979), summa cum laude, and an MBA (1980) from the Wharton School of the University of Pennsylvania.
Robert Goldstein
Start Date
Tenure
Tenure Rank
May 31, 2013
7.92
7.9%
Mr. Robert Goldstein serves as Managing Principal & Co-Chief Investment Officer at Gotham Asset Management. Mr. Goldstein also founded and served as Managing Partner (1989-1997) of Metropolis Partners, value and special situation investment partnership managing capital on behalf of institutions and wealthy individuals before returning capital to outside investors at the end of 1997. Mr. Goldstein currently serves on the Board of Trustees of the Museum of the City of New York. He holds a BA (1988), magna cum laude, from Tufts University.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.02 | 37.36 | 6.22 | 4.7 |