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GMTZX GuideStone Funds MyDestination 2015 Inv

  • Fund
  • GMTZX
  • Price as of: Aug 16, 2019
  • $10.29 + $0.06 + 0.59%
  • Category
  • Target Retirement Date

GMTZX - Profile

Vitals

  • YTD Return 9.5%
  • 3 Yr Annualized Return 1.6%
  • 5 Yr Annualized Return -2.2%
  • Net Assets $649 M
  • Holdings in Top 10 98.7%

52 WEEK LOW AND HIGH

$10.29
$9.35
$10.58

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.39%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 32.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$1,000

IRA

$1,000

Investment Themes

CATEGORY

Target Retirement Date
  • Fund Type Open End Mutual Fund
  • Investment Style Target-Date 2015

Distributions

  • YTD Total Return 9.5%
  • 3 Yr Annualized Total Return 5.1%
  • 5 Yr Annualized Total Return 3.7%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.67%
DIVIDENDS
  • Dividend Yield 3.4%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name GuideStone Funds MyDestination 2015 Fund
  • Fund Family Name GuideStone Funds
  • Inception Date Dec 29, 2006
  • Shares Outstanding N/A
  • Share Class Other
  • Currency USD
  • Domiciled Country United States
  • Manager Matt L. Peden

Fund Description

The fund pursues its objective by investing in a diversified portfolio of GuideStone Funds Select Funds that represent various asset classes. It is managed to the specific retirement year included in its name ("Target Date") and assumes a retirement age of 65. The Target Date refers to the approximate year an investor in the fund would plan to retire and likely stop making new investments in the fund. At the Target Date, the fund's allocation to equities was approximately 55% of its assets.

GMTZX - Performance

Return Ranking - Trailing

Period GMTZX Return Category Return Low Category Return High Rank in Category (%)
YTD 9.5% -31.7% 19.7% 78.60%
1 Yr -1.8% -44.9% 3.5% 24.74%
3 Yr 1.6%* -18.3% 8.6% 45.95%
5 Yr -2.2%* -12.0% 8.8% 78.14%
10 Yr 2.8%* -6.0% 8.7% 61.86%

* Annualized


Return Ranking - Calendar

Period GMTZX Return Category Return Low Category Return High Rank in Category (%)
2018 -9.4% -25.1% -0.4% 19.18%
2017 8.8% -36.9% 20.0% 68.62%
2016 3.8% -5.2% 8.1% 48.70%
2015 -15.2% -25.3% -0.8% 97.32%
2014 -1.2% -49.7% 34.8% 66.94%

Total Return Ranking - Trailing

Period GMTZX Return Category Return Low Category Return High Rank in Category (%)
YTD 9.5% -31.7% 19.7% 78.60%
1 Yr 4.4% -43.3% 6.9% 4.31%
3 Yr 5.1%* -18.3% 11.3% 48.18%
5 Yr 3.7%* -12.0% 8.8% 48.35%
10 Yr 7.0%* -4.1% 11.6% 47.57%

* Annualized


Total Return Ranking - Calendar

Period GMTZX Return Category Return Low Category Return High Rank in Category (%)
2018 -3.7% -25.1% -0.3% 4.91%
2017 11.7% -36.9% 26.6% 74.65%
2016 5.3% -4.7% 12.3% 69.37%
2015 -2.1% -25.3% 3.9% 53.90%
2014 3.9% -47.6% 39.2% 57.80%

NAV & Total Return History

GMTZX - Holdings

Concentration Analysis

GMTZX Category Low Category High GMTZX % Rank
Net Assets 649 M 1.23 M 43.6 B 42.54%
Number of Holdings 18 3 142 65.18%
Net Assets in Top 10 641 M 1.09 M 43.6 B 37.49%
Weighting of Top 10 98.71% 17.8% 109.7% 23.83%

Top 10 Holdings

  1. GuideStone Funds Medium-Dur Bd Instl 25.49%

  2. GuideStone Funds Equity Index Instl 17.13%

  3. GuideStone Funds Low-Duration Bond Instl 15.26%

  4. GuideStone Funds Defensv Mkt Strats Inst 10.92%

  5. GuideStone Funds Global Bond Instl 10.18%

  6. GuideStone Funds Intl Eq Idx Instl 9.67%

  7. GuideStone Funds Strategic Alts Instl 4.68%

  8. GuideStone Funds Emerging Mkts Eq Instl 2.82%

  9. GuideStone Funds Small Cap Equity Instl 1.69%

  10. GuideStone Funds Global Rl Est Secs Inst 0.86%


Asset Allocation

Weighting Return Low Return High GMTZX % Rank
Bonds
62.91% 1.03% 137.62% 5.49%
Stocks
38.19% 0.08% 97.53% 86.49%
Convertible Bonds
3.46% 0.00% 3.36% 0.07%
Other
0.35% -0.85% 24.53% 19.30%
Preferred Stocks
0.22% 0.00% 7.14% 19.60%
Cash
-5.13% -100.79% 23.12% 97.33%

Stock Sector Breakdown

Weighting Return Low Return High GMTZX % Rank
Financial Services
6.30% 1.51% 18.80% 84.32%
Technology
6.29% 1.41% 20.72% 85.66%
Healthcare
4.56% 1.06% 13.46% 84.10%
Industrials
4.07% 0.83% 13.93% 83.14%
Consumer Cyclical
3.89% 0.95% 12.33% 88.86%
Consumer Defense
3.05% 0.83% 16.80% 83.51%
Real Estate
1.93% 0.38% 18.90% 73.25%
Energy
1.86% 0.40% 6.45% 86.18%
Utilities
1.67% 0.05% 5.43% 64.19%
Basic Materials
1.64% 0.16% 5.40% 84.03%
Communication Services
1.31% 0.30% 4.07% 74.29%

Stock Geographic Breakdown

Weighting Return Low Return High GMTZX % Rank
US
25.00% 0.08% 66.20% 82.63%
Non US
13.19% 0.00% 46.30% 85.15%

Bond Sector Breakdown

Weighting Return Low Return High GMTZX % Rank
Corporate
22.09% 0.26% 51.60% 7.28%
Securitized
17.57% 0.00% 60.24% 5.20%
Derivative
13.69% -4.34% 12.92% 0.07%
Government
13.29% 0.00% 137.62% 37.79%
Municipal
0.36% 0.00% 3.09% 5.20%
Cash & Equivalents
-5.54% -120.10% 23.97% 97.33%

Bond Geographic Breakdown

Weighting Return Low Return High GMTZX % Rank
US
54.44% -12.23% 137.62% 8.17%
Non US
8.47% 0.00% 34.95% 13.44%

GMTZX - Expenses

Operational Fees

GMTZX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.39% 0.00% 5.22% 68.87%
Management Fee 0.10% 0.00% 0.95% 47.29%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 0.40% N/A

Sales Fees

GMTZX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

GMTZX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 2.00% 2.00% N/A

Turnover 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.

GMTZX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 32.00% 0.00% 106.00% 70.08%

GMTZX - Distributions

Dividend Yield Analysis

GMTZX Category Low Category High GMTZX % Rank
Dividend Yield 3.42% 0.00% 0.04% 1.48%

Dividend Distribution Analysis

GMTZX Category Low Category High Category Mode
Dividend Distribution Frequency Annually Annually Annually Annually

Dividend Payout History


Net Income Ratio Analysis

GMTZX Category Low Category High GMTZX % Rank
Net Income Ratio 1.67% -0.99% 35.20% 55.05%

Capital Gain Distribution Analysis

GMTZX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

GMTZX - Managers

Matt L. Peden

Manager

Start Date

Tenure

Tenure Rank

Dec 29, 2006

12.59

12.6%

Mr. Peden joined GuideStone Capital Management in 1996 and was promoted to Vice President and CIO on April 1, 2015. As CIO, he provides leadership, vision, strategic planning and management oversight over all global investment matters including the development of all investment strategies. He is responsible for overseeing the investment management process of GSCM. He is a principal colleague in the strategic planning of all investment management related matters for GSCM, including investment strategy and research. He is responsible for portfolio management and fund construction, overseeing all fund managers and investment research activities. He is Chairman of GuideStone’s Investment Strategy Group and a member of GuideStone’s Committee on Socially Responsible Investing. Prior to GuideStone, Mr. Peden was an Assistant Vice President in the Fixed Income Department at Southwest Securities Inc. in Dallas. Prior to working at Southwest Securities, he worked as an analyst at First Interstate Bank (now Wells Fargo). Mr. Peden earned a bachelor of business administration in finance from the University of North Texas and earned a master of business administration with honors from Texas Christian University. He is a CFA charterholder and holds the Series 7 and 63 securities licenses. He is a past President of the CFA Society of Dallas-Fort Worth and a member of the CFA Institute.


Tim Bray

Manager

Start Date

Tenure

Tenure Rank

Apr 30, 2014

5.25

5.3%

Mr. Bray, Senior Portfolio Manager, joined GuideStone Capital Management in January 2006. His primary responsibilities include qualitative and quantitative analysis of current and prospective investment managers with a specific emphasis on alternative assets. He also has responsibilities related to asset allocation and liquidity management. Prior to GuideStone, Mr. Bray served as an accountant at a Southern Baptist church as well as in a financial analyst role for an independent real estate investor. Mr. Bray earned a bachelor of business administration degree in management information systems from Texas Tech University and a master of business administration degree from the University of Texas at Arlington. He is a CFA charterholder and a Chartered Alternative Investment Analyst (CAIA).


Brandon Pizzurro

Manager

Start Date

Tenure

Tenure Rank

Apr 30, 2019

0.25

0.3%

Brandon Pizzurro is the primary Portfolio Manager for all equity, fixed income, real asset, asset allocation and target date funds within the GuideStone Funds lineup of registered mutual funds. In this capacity, he directs manager research, selection, ongoing monitoring and due diligence and is responsible for leading the analyst research team and investment process of GuideStone Capital Management, LLC. Mr. Pizzurro joined GuideStone in 2017 as a Senior Investment Analyst, where he performed quantitative and qualitative analysis, including research and recommendations regarding fund structure and composition, on GuideStone’s non-U.S. equity, asset allocation and target date funds. Prior to assuming his responsibilities at GuideStone, Mr. Pizzurro served as Senior Investment Analyst at First Command Financial Services, where he chaired the Investment Strategy and Research Committee and worked on the team responsible for the firm’s $11 billion discretionary model portfolio flagship program. Prior to First Command, Mr. Pizzurro was Financial Consulting Director at 1st Global, where he helped to develop the firm’s discretionary model portfolio program and led the group’s research efforts for alternative investments, including private and public non-traded real estate investment trusts (REITs), hedge fund of funds and private equity fund of funds. Mr. Pizzurro holds a Bachelor of Business Administration degree with a double major in Finance and Real Estate from Baylor University. He is a CERTIFIED FINANCIAL PLANNER™ certificant and a member of both the CFA Institute and the CFA Society of Dallas/Fort Worth.


Tenure Analysis

Category Low

0.0

Category High

16.76

Category Average

6.29

Category Mode

7.5