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International Equity Index Fund
mutual fund
GIIYX
Payout Change
Pending
Price as of:
$12.19
-0.11
-0.89%
primary theme
International Large-Cap Blend Equity
share class
GIIYX (Mutual Fund)
International Equity Index Fund
Payout Change
Pending
Price as of:
$12.19
-0.11
-0.89%
primary theme
International Large-Cap Blend Equity
share class
GIIYX (Mutual Fund)
International Equity Index Fund
Payout Change
Pending
Price as of:
$12.19
-0.11
-0.89%
primary theme
International Large-Cap Blend Equity
share class
Name
As of 12/10/2024Price
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
7.9%
1 yr return
12.2%
3 Yr Avg Return
3.8%
5 Yr Avg Return
5.5%
Net Assets
$922 M
Holdings in Top 10
23.1%
52 WEEK LOW AND HIGH
$12.3
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.20%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 18.00%
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 12/10/2024Price
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
GIIYX - Profile
Distributions
- YTD Total Return 7.9%
- 3 Yr Annualized Total Return 3.8%
- 5 Yr Annualized Total Return 5.5%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 2.52%
- Dividend Yield 2.8%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameInternational Equity Index Fund
-
Fund Family NameGuideStone Funds
-
Inception DateJun 01, 2015
-
Shares OutstandingN/A
-
Share ClassInstl
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerJoseph LaPorta
Fund Description
•Under normal market conditions, the Fund will invest substantially all, and normally at least 80% of its total assets in the equity securities (primarily common stocks and stock index derivatives) included in the MSCI EAFE Index, in weightings that approximate the relative composition of the securities contained in the MSCI EAFE Index. The Fund may become non-diversified, as defined under the Investment Company Act of 1940, solely as a result of a change in relative market capitalization or index weighting of one or more constituents of the index.•The Fund may invest to a lesser extent in derivative instruments, including exchange listed futures and foreign currency forward contracts, that are based on:•The MSCI EAFE Index;•Companies included in the MSCI EAFE Index; or•Stock indexes comparable to the MSCI EAFE Index.•The MSCI EAFE Index is as an equity index which captures large- and mid-cap representation across developed market countries around the world, excluding the United States and Canada. The MSCI EAFE Index covers approximately 85% of the free float-adjusted market capitalization in each country. As of March 31, 2024, the MSCI EAFE Index consisted of 782constituents, representing the following 21 developed market countries: Australia, Austria, Belgium, Denmark, Finland, France, Germany, Hong Kong, Ireland, Israel, Italy, Japan, the Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland and the United Kingdom.•The Fund is passively managed, which means it tries to duplicate the investment composition and performance of the MSCI EAFE Index using computer programs and statistical procedures. As a result, the Sub-Adviser does not use traditional methods of fund investment management for the Fund, such as selecting securities on the basis of economic, financial and market analysis. Rather, the Sub-Adviser buys and sells securities in response to changes in the MSCI EAFE Index. The Fund generally uses a replication method to track the MSCI EAFE Index, but will exclude securities as required by the Fund’s faith-based investment policies and restrictions. Because the Fund has fees and transaction expenses (while the MSCI EAFE Index has none), returns are likely to be below those of the MSCI EAFE Index.•Because the proportion of assets allocated to each country will approximate the relative country weights in the MSCI EAFE Index, more than 25% of the Fund’s assets may be invested in a single country (such as the United Kingdom and Japan). This may make the Fund’s performance more dependent upon the performance of a single country than if the Fund allocated its assets among issuers in a larger number of countries.•The correlation between the Fund’s performance and the MSCI EAFE Index is expected to be greater than 98%. However, it could be lower in certain market environments and due to certain stocks that may be excluded from the Fund’s portfolio because of faith-based investment policies and restrictions (100% would indicate perfect correlation).•Equity securities of foreign companies are predominantly traded on foreign stock exchanges in foreign currencies.•The Fund may invest to a lesser extent in American Depositary Receipts (“ADRs”) and Global Depositary Receipts (“GDRs”) and other similar instruments, each of which represents ownership of underlying foreign securities denominated in currencies other than that of the country of incorporation. The Fund may invest in sponsored or unsponsored depositary receipts.•The Fund may invest its uninvested cash in high-quality, short-term debt securities, which may include repurchase agreements and high-quality money market instruments, and also may invest uninvested cash in the GuideStone Funds Money Market Fund. To the extent the Fund invests in a money market fund, it generally is not subject to the limits placed on investments in other investment companies. Generally, these securities offer less potential for gains than other types of securities.•The Fund uses one or more Sub-Advisers to manage its portfolio under the oversight of the Adviser. The Adviser recommends sub-adviser selections to the Board of Directors of GuideStone Funds based on a variety of qualitative and quantitative factors in an attempt to maximize return across the entire portfolio while minimizing risk to the extent possible.•In accordance with the Adviser’s Christian values, the Fund does 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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GIIYX - Performance
Return Ranking - Trailing
| Period | GIIYX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 7.9% | -3.6% | 30.8% | 50.87% |
| 1 Yr | 12.2% | -1.8% | 40.3% | 54.34% |
| 3 Yr | 3.8%* | -13.5% | 48.0% | 21.01% |
| 5 Yr | 5.5%* | -34.2% | 75.0% | 54.84% |
| 10 Yr | N/A* | 1.2% | 32.5% | N/A |
* Annualized
Return Ranking - Calendar
| Period | GIIYX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 14.5% | -1.4% | 22.0% | 33.91% |
| 2022 | -18.2% | -43.6% | 71.3% | 49.60% |
| 2021 | 4.6% | -28.5% | 18.9% | 52.68% |
| 2020 | 6.1% | -90.1% | 992.1% | 67.56% |
| 2019 | 17.6% | -1.9% | 38.8% | 71.10% |
Total Return Ranking - Trailing
| Period | GIIYX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 7.9% | -3.6% | 30.8% | 50.87% |
| 1 Yr | 12.2% | -1.8% | 40.3% | 54.34% |
| 3 Yr | 3.8%* | -13.5% | 48.0% | 21.01% |
| 5 Yr | 5.5%* | -34.2% | 75.0% | 54.84% |
| 10 Yr | N/A* | 1.2% | 32.5% | N/A |
* Annualized
Total Return Ranking - Calendar
| Period | GIIYX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 18.1% | 3.2% | 23.8% | 25.59% |
| 2022 | -15.7% | -43.6% | 144.8% | 51.36% |
| 2021 | 10.4% | -22.6% | 56.0% | 49.59% |
| 2020 | 8.2% | -89.7% | 1010.8% | 64.21% |
| 2019 | 21.2% | 4.3% | 38.8% | 68.09% |
NAV & Total Return History
GIIYX - Holdings
Concentration Analysis
| GIIYX | Category Low | Category High | GIIYX % Rank | |
|---|---|---|---|---|
| Net Assets | 922 M | 3.3 M | 425 B | 47.58% |
| Number of Holdings | 625 | 1 | 10481 | 20.59% |
| Net Assets in Top 10 | 293 M | 1.01 M | 47.5 B | 41.81% |
| Weighting of Top 10 | 23.10% | 4.6% | 147.7% | 53.69% |
Top 10 Holdings
- Northern Institutional Funds LIQ ASET PORTF 4.77%
- FUT. ICUS MSCI EAF DEC24 3.73%
- Guidestone Funds MONEY MKT INSTL 3.12%
- FUT. ICUS MSCI EAF DEC24 2.26%
- ASML Holding N.V. EUR0.09 1.78%
- Guidestone Funds MONEY MKT INSTL 1.73%
- Roche Holdings AG GENUSSCHEINE NPV 1.45%
- Nestle SA CHF0.10 1.43%
- SAP SE ORD NPV 1.41%
- Novartis AG CHF0.49 1.41%
Asset Allocation
| Weighting | Return Low | Return High | GIIYX % Rank | |
|---|---|---|---|---|
| Stocks | 91.90% | 0.00% | 102.63% | 92.04% |
| Cash | 9.92% | 0.00% | 44.84% | 4.21% |
| Other | 6.00% | -2.12% | 47.54% | 3.43% |
| Preferred Stocks | 1.88% | -0.05% | 6.89% | 8.11% |
| Convertible Bonds | 0.07% | 0.00% | 4.18% | 2.82% |
| Bonds | 0.00% | 0.00% | 95.29% | 69.42% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | GIIYX % Rank | |
|---|---|---|---|---|
| Financial Services | 18.86% | 0.00% | 47.75% | 38.08% |
| Industrials | 15.30% | 5.17% | 99.49% | 40.96% |
| Healthcare | 11.76% | 0.00% | 20.35% | 48.16% |
| Consumer Cyclical | 9.61% | 0.00% | 36.36% | 68.32% |
| Consumer Defense | 9.10% | 0.00% | 32.29% | 51.84% |
| Technology | 8.74% | 0.00% | 36.32% | 76.00% |
| Basic Materials | 8.50% | 0.00% | 23.86% | 43.68% |
| Communication Services | 6.04% | 0.00% | 21.69% | 46.24% |
| Energy | 5.12% | 0.00% | 16.89% | 43.84% |
| Utilities | 3.85% | 0.00% | 13.68% | 19.36% |
| Real Estate | 3.11% | 0.00% | 14.59% | 18.24% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | GIIYX % Rank | |
|---|---|---|---|---|
| Non US | 91.08% | 0.00% | 99.44% | 49.77% |
| US | 0.83% | 0.00% | 102.01% | 85.80% |
GIIYX - Expenses
Operational Fees
| GIIYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.20% | 0.01% | 19.62% | 91.56% |
| Management Fee | 0.11% | 0.00% | 1.65% | 9.58% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.01% | 1.00% | N/A |
Sales Fees
| GIIYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 3.50% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
| GIIYX 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.
| GIIYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 18.00% | 2.00% | 247.00% | 22.85% |
GIIYX - Distributions
Dividend Yield Analysis
| GIIYX | Category Low | Category High | GIIYX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 2.81% | 0.00% | 17.49% | 22.62% |
Dividend Distribution Analysis
| GIIYX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annual | Quarterly | Annual |
Net Income Ratio Analysis
| GIIYX | Category Low | Category High | GIIYX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 2.52% | -0.93% | 6.38% | 16.32% |
Capital Gain Distribution Analysis
| GIIYX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Semi-Monthly | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 15, 2023 | $0.346 | OrdinaryDividend |
| Dec 16, 2022 | $0.258 | OrdinaryDividend |
| Dec 09, 2022 | $0.039 | OrdinaryDividend |
| Dec 17, 2021 | $0.350 | OrdinaryDividend |
| Dec 10, 2021 | $0.020 | CapitalGainShortTerm |
| Dec 10, 2021 | $0.286 | CapitalGainLongTerm |
| Dec 18, 2020 | $0.230 | OrdinaryDividend |
| Dec 20, 2019 | $0.329 | OrdinaryDividend |
GIIYX - Fund Manager Analysis
Managers
Joseph LaPorta
Start Date
Tenure
Tenure Rank
Jun 24, 2016
5.94
5.9%
Joseph LaPorta has been with Legal & General Investment Management America, Inc since 2015, and prior to that, he was at The Northern Trust Company serving as Second Vice President, Portfolio Manager.
Aodhagán Byrne
Start Date
Tenure
Tenure Rank
Jun 24, 2016
5.94
5.9%
Mr. Byrne leads the North American equity portfolios team and joined the Legal & General in 2014. Prior to that, he spent two years with the Legal & General Investment Management Index Team. Prior to 2012, he was an index fund manager at Irish Life Investment Managers.
Michael O’Connor
Start Date
Tenure
Tenure Rank
Oct 01, 2016
5.67
5.7%
Mr. O’Connor serves as the back-up portfolio manager for International mandates and has been with LGIMA since 2016. Prior to that, he served as Head of International Equity at The Northern Trust Company.
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.
Craig Parker
Start Date
Tenure
Tenure Rank
Jan 31, 2020
2.33
2.3%
Craig Parker, CFA, Portfolio Manager. Mr. Parker serves as the back-up portfolio manager for North American mandates, has been with Legal & General Investment Management America, Inc. since 2014 and transitioned from serving as an Operational Risk Analyst to the portfolio management team in 2018.
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 |
|---|---|---|---|
| 0.08 | 30.35 | 6.32 | 3.25 |
