GuidePath® Absolute Return Allocation Fund
Name
As of 04/22/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-0.7%
1 yr return
3.5%
3 Yr Avg Return
-1.6%
5 Yr Avg Return
0.5%
Net Assets
$203 M
Holdings in Top 10
95.9%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.12%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 27.64%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/22/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
GPARX - Profile
Distributions
- YTD Total Return -0.7%
- 3 Yr Annualized Total Return -1.6%
- 5 Yr Annualized Total Return 0.5%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 2.14%
- Dividend Yield 4.9%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameGuidePath® Absolute Return Allocation Fund
-
Fund Family NameGuideMark and GuidePath Funds
-
Inception DateSep 13, 2012
-
Shares Outstanding36116399
-
Share ClassS
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerSelwyn Crews
Fund Description
GPARX - Performance
Return Ranking - Trailing
Period | GPARX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -0.7% | -4.7% | 10.4% | 91.11% |
1 Yr | 3.5% | -3.1% | 23.9% | 65.09% |
3 Yr | -1.6%* | -6.8% | 4.0% | 92.57% |
5 Yr | 0.5%* | -4.4% | 4.3% | 90.66% |
10 Yr | 1.8%* | -19.2% | 169.6% | 25.00% |
* Annualized
Return Ranking - Calendar
Period | GPARX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 1.9% | -5.4% | 7.6% | 49.73% |
2022 | -13.0% | -17.7% | -2.6% | 98.33% |
2021 | -1.1% | -4.0% | 4.4% | 16.63% |
2020 | 1.4% | -8.3% | 7.6% | 67.71% |
2019 | 4.5% | -2.3% | 9.3% | 3.03% |
Total Return Ranking - Trailing
Period | GPARX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -0.7% | -4.7% | 10.4% | 91.11% |
1 Yr | 3.5% | -3.1% | 23.9% | 65.09% |
3 Yr | -1.6%* | -6.8% | 4.0% | 92.57% |
5 Yr | 0.5%* | -4.4% | 4.3% | 90.66% |
10 Yr | 1.8%* | -19.2% | 169.6% | 25.00% |
* Annualized
Total Return Ranking - Calendar
Period | GPARX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 6.8% | -1.1% | 15.2% | 17.49% |
2022 | -10.9% | -17.3% | -1.3% | 99.07% |
2021 | 0.8% | -2.7% | 7.7% | 24.86% |
2020 | 3.9% | -4.4% | 14.5% | 58.32% |
2019 | 7.4% | 0.6% | 12.6% | 4.04% |
NAV & Total Return History
GPARX - Holdings
Concentration Analysis
GPARX | Category Low | Category High | GPARX % Rank | |
---|---|---|---|---|
Net Assets | 203 M | 14.5 K | 57.3 B | 79.10% |
Number of Holdings | 20 | 2 | 9251 | 92.79% |
Net Assets in Top 10 | 186 M | 1.16 M | 6.6 B | 54.77% |
Weighting of Top 10 | 95.87% | 1.8% | 108.7% | 6.67% |
Top 10 Holdings
- Mount Vernon Liquid Assets Portfolio, LLC 18.71%
- SPDR Bloomberg Investment Grade Floating Rate ETF 13.10%
- DoubleLine Total Return Bond Fund 10.60%
- Vanguard Mortgage-Backed Securities ETF 9.58%
- Vanguard High-Yield Corporate Fund 9.54%
- Vanguard Intermediate-Term Corporate Bond ETF 9.13%
- BlackRock Low Duration Bond Portfolio 7.46%
- DoubleLine Low Duration Bond Fund 7.42%
- Vanguard Short-Term Corporate Bond ETF 6.47%
- T Rowe Price Institutional Floating Rate Fund 3.85%
Asset Allocation
Weighting | Return Low | Return High | GPARX % Rank | |
---|---|---|---|---|
Stocks | 103.64% | 0.00% | 103.64% | 0.18% |
Cash | 18.71% | -20.59% | 62.18% | 1.44% |
Convertible Bonds | 1.32% | 0.00% | 27.71% | 77.80% |
Preferred Stocks | 0.00% | 0.00% | 22.27% | 24.86% |
Other | 0.00% | -0.97% | 72.36% | 77.84% |
Bonds | 0.00% | 0.00% | 130.68% | 94.23% |
Stock Sector Breakdown
Weighting | Return Low | Return High | GPARX % Rank | |
---|---|---|---|---|
Utilities | 0.00% | 0.00% | 81.48% | 28.65% |
Technology | 0.00% | 0.00% | 24.45% | 29.78% |
Real Estate | 0.00% | 0.00% | 8.31% | 85.39% |
Industrials | 0.00% | 0.00% | 100.00% | 61.24% |
Healthcare | 0.00% | 0.00% | 23.11% | 57.30% |
Financial Services | 0.00% | 0.00% | 100.00% | 34.83% |
Energy | 0.00% | 0.00% | 100.00% | 20.22% |
Communication Services | 0.00% | 0.00% | 65.64% | 16.85% |
Consumer Defense | 0.00% | 0.00% | 21.37% | 41.01% |
Consumer Cyclical | 0.00% | 0.00% | 10.75% | 44.94% |
Basic Materials | 0.00% | 0.00% | 22.71% | 31.46% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | GPARX % Rank | |
---|---|---|---|---|
US | 103.64% | 0.00% | 103.64% | 0.18% |
Non US | 0.00% | 0.00% | 0.02% | 12.97% |
GPARX - Expenses
Operational Fees
GPARX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.12% | 0.01% | 3.24% | 20.36% |
Management Fee | 0.35% | 0.00% | 1.19% | 53.15% |
12b-1 Fee | N/A | 0.00% | 1.00% | 29.88% |
Administrative Fee | 0.25% | 0.01% | 0.50% | 88.65% |
Sales Fees
GPARX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.50% | 5.75% | N/A |
Deferred Load | N/A | 0.50% | 4.00% | N/A |
Trading Fees
GPARX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
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.
GPARX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 27.64% | 2.00% | 500.00% | 10.91% |
GPARX - Distributions
Dividend Yield Analysis
GPARX | Category Low | Category High | GPARX % Rank | |
---|---|---|---|---|
Dividend Yield | 4.85% | 0.00% | 10.75% | 9.91% |
Dividend Distribution Analysis
GPARX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
GPARX | Category Low | Category High | GPARX % Rank | |
---|---|---|---|---|
Net Income Ratio | 2.14% | -1.27% | 4.98% | 10.31% |
Capital Gain Distribution Analysis
GPARX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 28, 2023 | $0.449 | OrdinaryDividend |
Dec 29, 2022 | $0.222 | OrdinaryDividend |
Dec 30, 2021 | $0.210 | OrdinaryDividend |
Dec 30, 2020 | $0.261 | OrdinaryDividend |
Dec 27, 2019 | $0.290 | OrdinaryDividend |
Dec 21, 2018 | $0.228 | OrdinaryDividend |
Dec 28, 2017 | $0.167 | OrdinaryDividend |
Dec 29, 2016 | $0.322 | OrdinaryDividend |
Dec 30, 2015 | $0.207 | OrdinaryDividend |
Dec 30, 2014 | $0.215 | OrdinaryDividend |
Dec 30, 2013 | $0.201 | OrdinaryDividend |
Dec 28, 2012 | $0.135 | OrdinaryDividend |
Dec 29, 2011 | $0.060 | OrdinaryDividend |
GPARX - Fund Manager Analysis
Managers
Selwyn Crews
Start Date
Tenure
Tenure Rank
Jul 31, 2020
1.83
1.8%
Mr. Crews is Director of Portfolio Management for AssetMark, responsible for managing specific portfolios and solutions for the firm. Mr. Crews joined the firm in 2011. Prior to 2011, Mr. Crews was a leader at Genworth Financial where he was responsible for risk oversight of mutual funds in Variable Annuity products.
David McNatt
Start Date
Tenure
Tenure Rank
Jun 01, 2021
1.0
1.0%
Mr. McNatt is an Executive Vice President and Head of Investment Solutions for AssetMark, and serves as Portfolio Manager for the GuidePath® Growth Allocation Fund, GuidePath® Conservative Allocation Fund, GuidePath® Tactical Allocation Fund, GuidePath® Absolute Return Allocation Fund, GuidePath® Multi-Asset Income Allocation Fund, GuidePath® Flexible Income Allocation Fund, GuidePath® Conservative Income Fund, GuidePath® Income Fund, and GuidePath® Growth and Income Fund since June of 2021. He leads the firm’s Investment Solutions Group which focuses on providing asset management excellence and ensuring the AssetMark platform provides financial advisors and their clients investment products and services that meet their evolving needs. In his capacity, Mr. McNatt oversees the four groups comprising AssetMark’s Investment division including: Platform Investment Strategy; Investment Management; Investment Service and Operations; and Product Strategy & Development. Mr. McNatt served as Senior Vice President, Product Strategy and Management from 2015 to 2021. Prior to joining AssetMark, Mr. McNatt held senior leadership roles at Russell Investments, Charles Schwab and Franklin Templeton focused on the strategy, development and management of asset management products and services.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.07 | 28.77 | 6.14 | 2.41 |