Gotham Absolute Return Fund Institutional Class Shares (GARIX)

Fund Assets	1.32B
Expense Ratio	1.50%
Min. Investment	$100,000
Turnover	290.00%
Dividend (ttm)	0.01
Dividend Yield	0.02%
Dividend Growth	n/a
Payout Frequency	Annual
Ex-Dividend Date	Dec 17, 2025

Previous Close	24.23
YTD Return	12.86%
1-Year Return	20.15%
5-Year Return	85.03%
52-Week Low	21.21
52-Week High	24.52
Beta (5Y)	0.63
Holdings	1791
Inception Date	Aug 31, 2012

About GARIX

The Gotham Absolute Return Fund Institutional Class is a long/short U.S. equity mutual fund that seeks to achieve long-term capital appreciation through a risk-controlled investment approach. Employing a strategy with a typical net long exposure of 50% to 60%, the fund balances long positions in undervalued stocks with short positions in overvalued equities, aiming to generate positive returns in a variety of market environments. The fund’s investment process is built around proprietary equity research and comprehensive risk controls, focusing mainly on large- and mid-cap U.S. companies. Managed by a team led by Joel Greenblatt and Robert Goldstein of Gotham Asset Management, the fund applies a disciplined daily rebalancing methodology, allocating more capital to stocks assessed to have the greatest discounts to intrinsic value. As part of the long-short equity category, the fund offers exposure to a wide universe of equities and related derivatives, often exhibiting lower market beta compared to traditional long-only strategies, making it a distinctive tool for institutional investors seeking diversification and risk-adjusted performance.

• Fund Family: Gotham
• Category: Long-Short Equity
• Performance Rating: Above Average
• Risk Rating: Average
• Stock Exchange: NASDAQ
• Ticker Symbol: GARIX
• Share Class: Institutional Class
• Index: Index is not available on Lipper Database

Performance

GARIX had a total return of 20.15% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.28%.

Top 10 Holdings

13.44% of assets

Name	Symbol	Weight
BNY Dreyfus Govt Cash Mgmt Instl	DGCXX	2.87%
Meta Platforms, Inc.	META	1.51%
Western Digital Corporation	WDC	1.31%
Micron Technology, Inc.	MU	1.30%
NVIDIA Corporation	NVDA	1.30%
Alphabet Inc.	GOOGL	1.23%
Microsoft Corporation	MSFT	1.02%
Lam Research Corporation	LRCX	0.98%
Apple Inc.	AAPL	0.98%
Lockheed Martin Corporation	LMT	0.93%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 17, 2025	$1.54063	Dec 18, 2025
Dec 18, 2024	$3.7126	Dec 19, 2024
Dec 6, 2023	$1.1437	Dec 7, 2023
Dec 17, 2015	$0.16712	Dec 18, 2015
Dec 18, 2014	$0.24313	Dec 19, 2014
Dec 11, 2013	$0.55958	Dec 12, 2013

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Aug 27, 2026

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