GuideStone Funds Impact Equity Instl (GMEYX)
| Fund Assets | 119.84M |
| Expense Ratio | 0.90% |
| Min. Investment | $1,000,000 |
| Turnover | 29.00% |
| Dividend (ttm) | 0.84 |
| Dividend Yield | 6.28% |
| Dividend Growth | 732.11% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Dec 13, 2024 |
| Previous Close | 13.28 |
| YTD Return | 15.48% |
| 1-Year Return | 12.56% |
| 5-Year Return | n/a |
| 52-Week Low | 10.59 |
| 52-Week High | 13.35 |
| Beta (5Y) | n/a |
| Holdings | 265 |
| Inception Date | Jan 27, 2023 |
About GMEYX
GuideStone Funds Impact Equity Fund Institutional Class is a mutual fund designed to provide long-term capital appreciation by prioritizing impact investing. The fund mainly invests in a diversified portfolio of equity securities, allocating a substantial portion of its assets to stocks, with a targeted exposure to illiquid alternative investments to enhance diversification. Its distinguishing feature is the integration of impact investing criteria, seeking to generate positive social and environmental outcomes alongside financial returns. The fund applies specialized standards in its investment process, which may result in performance characteristics that differ from traditional equity funds. It has exposure to both domestic and international equities, including securities issued by companies in emerging markets, and may include private funds and similar vehicles. This approach makes the fund significant for investors and institutions seeking to align their portfolios with values-driven goals while pursuing growth, though it necessitates a relatively high risk tolerance and a long-term investment perspective. GuideStone Funds Impact Equity Fund Institutional Class plays a role in advancing impact investing within the broader equity mutual fund landscape, offering a strategy positioned at the intersection of financial performance and measurable societal benefit.
Performance
GMEYX had a total return of 12.56% in the past year, including dividends. Since the fund's inception, the average annual return has been 18.06%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| GMEZX | Investor | 1.22% |
Top 10 Holdings
31.79% of assets| Name | Symbol | Weight |
|---|---|---|
| Microsoft Corporation | MSFT | 4.72% |
| NVIDIA Corporation | NVDA | 3.61% |
| Spotify Technology S.A. | SPOT | 3.30% |
| The Progressive Corporation | PGR | 3.30% |
| McKesson Corporation | MCK | 3.23% |
| GuideStone Funds - Money Market Fund | GMYXX | 2.87% |
| Schneider Electric S.E. | SBGSF | 2.79% |
| Arthur J. Gallagher & Co. | AJG | 2.73% |
| Westinghouse Air Brake Technologies Corporation | WAB | 2.71% |
| Mastercard Incorporated | MA | 2.54% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 13, 2024 | $0.0301 | Dec 13, 2024 |
| Dec 6, 2024 | $0.80825 | Dec 6, 2024 |
| Dec 15, 2023 | $0.0812 | Dec 15, 2023 |
| Dec 8, 2023 | $0.01955 | Dec 8, 2023 |