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Balanced Allocation Fund
mutual fund
GBAYX
Payout Change
Pending
Price as of:
$12.21
-0.05
-0.41%
primary theme
U.S. Conservative/Balanced Allocation
share class
GBAYX (Mutual Fund)
Balanced Allocation Fund
Payout Change
Pending
Price as of:
$12.21
-0.05
-0.41%
primary theme
U.S. Conservative/Balanced Allocation
share class
GBAYX (Mutual Fund)
Balanced Allocation Fund
Payout Change
Pending
Price as of:
$12.21
-0.05
-0.41%
primary theme
U.S. Conservative/Balanced Allocation
share class
Name
As of 12/12/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
10.9%
1 yr return
12.6%
3 Yr Avg Return
2.2%
5 Yr Avg Return
5.7%
Net Assets
$1.26 B
Holdings in Top 10
88.1%
52 WEEK LOW AND HIGH
$12.3
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.72%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 19.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/12/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
GBAYX - Profile
Distributions
- YTD Total Return 10.9%
- 3 Yr Annualized Total Return 2.2%
- 5 Yr Annualized Total Return 5.7%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.12%
- Dividend Yield 2.6%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameBalanced Allocation Fund
-
Fund Family NameGuideStone Funds
-
Inception DateNov 23, 2015
-
Shares OutstandingN/A
-
Share ClassInstl
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerTim Bray
Fund Description
•The Fund, primarily through investments in the GuideStone Funds Select Funds (“Select Funds”), combines approximately equal percentages of fixed income securities with equity securities.•The Adviser uses the following potential ranges in allocating the Fund’s assets among the Select Funds.Asset Class(1)RangeFixed Income(2)(3)35-60%Equities(4)40-65%Real Assets(2)0-15%Alternatives(2)0-15%(1)All asset classes include a fund or funds which may invest a portion of its or their assets in derivatives.(2)These allocations may include investment grade and below-investment grade fixed income securities (i.e., high yield securities or junk bonds) and foreign and domestic investments.(3)The Fixed Income asset class may include impact-related investments.(4)The Equities asset class may include impact-related investments and a fund which may invest a portion of its assets in fixed income and convertible securities.•The Adviser may change the allocation ranges from time to time and may add or eliminate new or existing Select Funds without shareholder approval.•The asset classes in which the Fund may invest through the Select Funds generally are divided into:•Equity securities (such as common and preferred stock of U.S. companies and foreign companies, including those located in developed and emerging markets, of any sizes and employing both growth and value investment styles);•Fixed income securities (such as debt instruments issued by the U.S. government and its agencies and instrumentalities and foreign governments, mortgage- and asset-backed securities, domestic and foreign investment grade securities and below-investment grade securities (i.e., high yield securities or junk bonds) and short-term investments such as money market instruments);•Real assets (such as inflation-indexed bonds, real estate-related securities and equity securities of real estate investment trusts (“REITs”)); and•Alternative investments and investment strategies with lower correlation to equity and fixed income markets (such as long-short equity strategies that employ short sales of stocks, options equity strategies, currency trading strategies, global macro strategies, relative value strategies, opportunistic fixed income strategies and/or strategies that invest in below-investment grade securities (i.e., high yield securities or junk bonds) and emerging market debt securities). These strategies employ derivative instruments such as options (e.g.,equity index options), forwards (e.g., currency exchange contracts), swaps and futures.•The Fund may invest to a lesser extent in investments with the intention of generating positive impact in accordance with the Adviser’s Christian values, alongside financial returns, to effectively promote the Adviser’s impact themes of Sanctity of Life and Spreading of the Gospel, Human Dignity and Advancement and Stewardship of God’s Creation.•The Fund will rebalance its assets from time to time to adjust for changes in the values of the underlying Select Funds and changes to the allocation targets.•In accordance with the Adviser’s Christian values, the Fund and the Select Funds do not invest in any company that is publicly recognized(as determined by GuideStone Financial Resources of the Southern Baptist Convention (“GuideStone Financial Resources”)) for offering products or services that are incompatible with the Christian values of GuideStone Financial Resources, including,but not limited to, those involving abortion, sexual immorality,alcohol, tobaccoorgambling.The Fund maynot be able to takeadvantage of certain investment opportunities due to these restrictions.
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GBAYX - Performance
Return Ranking - Trailing
| Period | GBAYX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 10.9% | -3.4% | 20.8% | 19.85% |
| 1 Yr | 12.6% | 8.0% | 24.5% | 19.85% |
| 3 Yr | 2.2%* | -13.2% | 6.3% | 13.60% |
| 5 Yr | 5.7%* | -5.7% | 8.4% | 34.79% |
| 10 Yr | N/A* | -0.4% | 7.7% | 47.35% |
* Annualized
Return Ranking - Calendar
| Period | GBAYX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 7.8% | -1.0% | 27.4% | 26.80% |
| 2022 | -21.0% | -35.0% | -7.4% | 89.70% |
| 2021 | 1.2% | -11.5% | 14.6% | 59.02% |
| 2020 | 5.7% | -10.3% | 40.7% | 41.26% |
| 2019 | 10.1% | -9.5% | 22.1% | 51.40% |
Total Return Ranking - Trailing
| Period | GBAYX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 10.9% | -3.4% | 20.8% | 19.85% |
| 1 Yr | 12.6% | 8.0% | 24.5% | 19.85% |
| 3 Yr | 2.2%* | -13.2% | 6.3% | 13.60% |
| 5 Yr | 5.7%* | -5.7% | 8.4% | 34.79% |
| 10 Yr | N/A* | -0.4% | 7.7% | 45.78% |
* Annualized
Total Return Ranking - Calendar
| Period | GBAYX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 12.5% | 2.6% | 28.2% | 6.95% |
| 2022 | -15.3% | -35.0% | -3.1% | 86.18% |
| 2021 | 7.2% | -11.5% | 32.0% | 63.40% |
| 2020 | 11.0% | -5.4% | 40.7% | 26.78% |
| 2019 | 17.6% | 4.5% | 27.7% | 13.76% |
NAV & Total Return History
GBAYX - Holdings
Concentration Analysis
| GBAYX | Category Low | Category High | GBAYX % Rank | |
|---|---|---|---|---|
| Net Assets | 1.26 B | 305 K | 50.8 B | 29.70% |
| Number of Holdings | 17 | 2 | 4065 | 72.28% |
| Net Assets in Top 10 | 1.15 B | 309 K | 10.3 B | 27.48% |
| Weighting of Top 10 | 88.06% | 9.7% | 111.4% | 33.42% |
Top 10 Holdings
- GUIDESTONE MEDIUM-DURATIO 28.75%
- GUIDESTONE INTL. EQTY. FU 10.41%
- GUIDESTONE DEFENSIVE MKT. 10.35%
- GUIDESTONE GBL. BD. FUND 8.24%
- GUIDESTONE VALUE EQTY. F 7.63%
- GUIDESTONE GROWTH EQTY. F 7.54%
- GUIDESTONE EMG. MKT. EQT 4.57%
- GUIDESTONE LOW DURATION B 4.11%
- GUIDESTONE - STRAT. ALTE 3.92%
- GS VAL EQ INDEX INS CLASS 2.54%
Asset Allocation
| Weighting | Return Low | Return High | GBAYX % Rank | |
|---|---|---|---|---|
| Stocks | 98.61% | 0.00% | 100.11% | 42.33% |
| Convertible Bonds | 3.23% | 0.00% | 71.77% | 11.00% |
| Cash | 1.41% | -35.68% | 23.34% | 48.76% |
| Preferred Stocks | 0.00% | 0.00% | 21.95% | 58.91% |
| Other | 0.00% | -0.20% | 61.47% | 62.87% |
| Bonds | 0.00% | 0.00% | 79.72% | 70.54% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | GBAYX % Rank | |
|---|---|---|---|---|
| Technology | 19.77% | 0.22% | 27.92% | 28.46% |
| Financial Services | 16.64% | 0.00% | 83.50% | 19.65% |
| Healthcare | 12.27% | 0.00% | 24.25% | 71.03% |
| Industrials | 11.40% | 0.14% | 17.90% | 29.22% |
| Consumer Cyclical | 10.08% | 0.00% | 14.20% | 45.59% |
| Real Estate | 6.75% | 0.00% | 43.16% | 38.29% |
| Communication Services | 6.69% | 0.00% | 11.11% | 48.36% |
| Consumer Defense | 6.54% | 0.00% | 18.62% | 69.77% |
| Basic Materials | 4.42% | 0.00% | 32.82% | 41.56% |
| Energy | 3.36% | 0.00% | 62.93% | 83.38% |
| Utilities | 2.07% | 0.00% | 48.33% | 92.19% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | GBAYX % Rank | |
|---|---|---|---|---|
| US | 98.61% | 0.00% | 100.11% | 42.08% |
| Non US | 0.00% | 0.00% | 23.24% | 63.61% |
GBAYX - Expenses
Operational Fees
| GBAYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.72% | 0.06% | 21.26% | 67.33% |
| Management Fee | 0.10% | 0.00% | 1.25% | 37.97% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.01% | 0.70% | N/A |
Sales Fees
| GBAYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 1.00% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| GBAYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 0.00% | 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.
| GBAYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 19.00% | 2.00% | 380.00% | 28.18% |
GBAYX - Distributions
Dividend Yield Analysis
| GBAYX | Category Low | Category High | GBAYX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 2.64% | 0.00% | 7.99% | 21.29% |
Dividend Distribution Analysis
| GBAYX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annual | Monthly | Quarterly |
Net Income Ratio Analysis
| GBAYX | Category Low | Category High | GBAYX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 1.12% | -1.22% | 6.83% | 80.15% |
Capital Gain Distribution Analysis
| GBAYX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 06, 2024 | $0.000 | CapitalGainShortTerm |
| Dec 06, 2024 | $0.088 | CapitalGainLongTerm |
| Dec 22, 2023 | $0.323 | OrdinaryDividend |
| Dec 08, 2023 | $0.155 | OrdinaryDividend |
| Dec 08, 2023 | $0.155 | CapitalGainLongTerm |
| Dec 23, 2022 | $0.174 | OrdinaryDividend |
| Dec 09, 2022 | $0.574 | OrdinaryDividend |
| Dec 27, 2021 | $0.344 | OrdinaryDividend |
| Dec 10, 2021 | $0.007 | CapitalGainShortTerm |
| Dec 10, 2021 | $0.420 | CapitalGainLongTerm |
| Dec 28, 2020 | $0.234 | OrdinaryDividend |
| Dec 11, 2020 | $0.012 | CapitalGainShortTerm |
| Dec 11, 2020 | $0.397 | CapitalGainLongTerm |
| Dec 27, 2019 | $0.290 | OrdinaryDividend |
| Dec 13, 2019 | $0.536 | CapitalGainLongTerm |
| Dec 28, 2018 | $0.494 | OrdinaryDividend |
| Dec 14, 2018 | $0.031 | CapitalGainLongTerm |
| Dec 28, 2017 | $0.161 | OrdinaryDividend |
| Dec 15, 2017 | $0.162 | CapitalGainLongTerm |
| Dec 29, 2016 | $0.112 | OrdinaryDividend |
| Dec 16, 2016 | $0.275 | CapitalGainLongTerm |
GBAYX - Fund Manager Analysis
Managers
Tim Bray
Start Date
Tenure
Tenure Rank
Apr 30, 2014
8.09
8.1%
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
Brandon Pizzurro
Start Date
Tenure
Tenure Rank
Apr 30, 2019
3.09
3.1%
Brandon Pizzurro is the Director of Public Investments and primary Portfolio Manager for all equity, fixed income, real asset, impact, target risk 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 is also a member of the firm’s Committee on Faith-Based Investing. 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, target risk 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 discretionary model portfolio flagship program. Prior to First Command, Mr. Pizzurro was a 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.
Paul Bouchey
Start Date
Tenure
Tenure Rank
Nov 18, 2020
1.53
1.5%
Paul leads Parametric’s research and development activities across all strategies. He has authored numerous academic and practitioner articles in publications such as the Journal of Portfolio Management, the Journal of Wealth Management, and the Journal of Index Investing. Paul earned a BA in mathematics and physics from Whitman College and an MS in computational finance and risk management from the University of Washington. A CFA charterholder, he is a member of the CFA Society of Seattle.
Richard Fong
Start Date
Tenure
Tenure Rank
Nov 18, 2020
1.53
1.5%
Ricky Fong, CFA, Portfolio Manager, joined The Clifton Group in 2010, which was acquired by Parametric in 2012. Mr. Fong began managing Parametric’s allocated portion of the Fund’s portfolio in February 2015
Thomas Seto
Start Date
Tenure
Tenure Rank
Nov 18, 2020
1.53
1.5%
Thomas is responsible for all portfolio management and trading related to our equity strategies. Prior to joining Parametric in 1998, Thomas served as the head of US Equity Index investments at Barclays Global Investors. He earned an MBA in finance from the University of Chicago Booth School of Business and a BS in electrical engineering from the University of Washington.
Justin Henne
Start Date
Tenure
Tenure Rank
Nov 18, 2020
1.53
1.5%
Justin Henne, CFA. Managing Director - Customized Exposure Management. Mr. Henne leads the investment team responsible for the implementation and enhancement of Parametric’s Customized Exposure Management product. Since joining Parametric in 2004, Justin has gained extensive experience trading a wide variety of derivative instruments in order to meet each client’s unique exposure and risk management objectives. Justin earned a BA in Financial Management from the University of St. Thomas. He is a CFA® charterholder and a member of the CFA Society of Minnesota.
David Spika
Start Date
Tenure
Tenure Rank
Feb 19, 2021
1.28
1.3%
David Spika leads the Investments line of business within GuideStone. In this capacity, he serves as the president of both GuideStone Capital Management, LLC, the investment adviser to GuideStone Funds, and GuideStone Investment Services, which provides investment advisory services to non-profit institutions. He also serves as chief investment officer over all investment-related lines of business. Mr. Spika is a member of the executive leadership team for the parent company, GuideStone Financial Resources, and chairs the firm’s Committee on Faith-Based Investing. Additionally, he makes frequent appearances on CNBC, Fox Business Network and other major business media outlets and is quoted in a variety of financial print media. Mr. Spika joined GuideStone in 2015 as the Global Investment Strategist, where he was responsible for developing and communicating the firm’s macroeconomic outlook while also leading the asset allocation efforts for the GuideStone retirement strategies. Prior to assuming his responsibilities at GuideStone, Mr. Spika served for 12 years as the Senior Vice President and Investment Strategist at Westwood Holdings Group. Before Westwood, he was with Bank of America and predecessor banks for 17 years, primarily as a Portfolio Manager and Investment Specialist. Mr. Spika holds a Bachelor of Business Administration degree in Finance from Texas A&M University. He is a CFA® charterholder and a member of both the CFA Institute and the CFA Society of Dallas/Fort Worth.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.09 | 28.73 | 6.37 | 2.41 |
