About GGBEX
The GuideStone Funds Global Bond Fund Institutional Class is a mutual fund designed to provide broad exposure to the international fixed income markets. Its primary objective is to maximize total return through a combination of capital appreciation and current income, while aiming to preserve principal value. The fund invests in a diversified portfolio of global bonds, including government, corporate, and high-yield ("junk") securities. It actively allocates assets across various countries, currencies, and credit qualities, offering investors access to both developed and emerging markets. Notably, the fund may hold a significant portion of high-yield securities, which are subject to higher default risk and increased volatility compared to investment-grade bonds. Additionally, exposure to foreign markets introduces potential risks tied to political events, currency fluctuations, and varying regulatory standards. The GuideStone Funds Global Bond Fund Institutional Class caters to institutional investors seeking global diversification, income generation, and the potential for higher returns over a medium- to long-term horizon, making it an important component in multi-asset strategies and portfolios that emphasize global fixed income allocation.
Fund Family GuideStone Funds
Category World Bond
Performance Rating Above Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol GGBEX
Share Class Institutional
Index Bloomberg Global Aggregate Bond TR
GGBEX had a total return of 1.60% in the past year, including dividends. Since the fund's
inception, the average annual return has been 2.54%.
