Fund Assets | 313.87M |
Expense Ratio | 1.79% |
Min. Investment | $2,500 |
Turnover | 40.00% |
Dividend (ttm) | 0.18 |
Dividend Yield | 1.59% |
Dividend Growth | 2.02% |
Payout Frequency | Annual |
Ex-Dividend Date | Dec 16, 2024 |
Previous Close | 10.81 |
YTD Return | 4.24% |
1-Year Return | 2.88% |
5-Year Return | 8.04% |
52-Week Low | 10.09 |
52-Week High | 11.00 |
Beta (5Y) | 0.18 |
Holdings | 104 |
Inception Date | Dec 31, 2013 |
About GPAAX
Grant Park Multi Alternative Strategies Fund is an actively managed multi-strategy investment fund designed to provide positive absolute returns through a diversified portfolio of quantitative strategies. The fund employs a broad investment universe spanning domestic and international commodities, currencies, fixed income, and global financial markets, utilizing liquid and high-quality assets with low duration. Its portfolio features independent, systematic approaches such as trend-following, price momentum, and other derivative-based strategies primarily executed through futures, options, swaps, and foreign exchange contracts. This fund strives to enhance portfolio diversification with low correlation to traditional equity markets and seeks to minimize downside risk while maintaining moderate volatility. Established in 2013, it serves as a comprehensive diversifier within the multi-alternative category, appealing to investors looking for sophisticated, quantitatively driven exposure across over 60 global markets.
Performance
GPAAX had a total return of 2.88% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.38%.
Top 10 Holdings
58.77% of assetsName | Symbol | Weight |
---|---|---|
Morgan Stanley Institutional Liquidity Funds - MSILF-GOVT-INS | n/a | 27.47% |
Federal Home Loan Banks - FHLB 1 02/25/28 | FHLB.1.5 02.25.28 0005 | 4.31% |
Federal Home Loan Banks - FHLB 1 07/21/26 | FHLB.1.5 07.21.26 0001 | 4.19% |
iShares Gold Trust | IAU | 3.90% |
Federal National Mortgage Association - FNMA 0.85 06/30/26 | FNMA.0.85 06.30.26 | 3.85% |
United States Treasury Bills - B 04/08/25 | n/a | 3.08% |
United States Treasury Bills - B 09/11/25 | B.0 09.11.25 | 3.02% |
United States Treasury Bills - B 10/30/25 | WIB.0 10.30.25 | 3.01% |
Federal Home Loan Banks - FHLB 1 06/30/26 | FHLB.1.75 06.30.26 0014 | 3.01% |
Federal Home Loan Mortgage Corp. - FHLMC 0.7 08/19/26 | FHLMC.0.7 08.19.26 | 2.94% |
Dividend History
Ex-Dividend | Amount | Pay Date |
---|---|---|
Dec 16, 2024 | $0.1821 | Dec 17, 2024 |
Dec 13, 2023 | $0.1785 | Dec 14, 2023 |
Dec 14, 2022 | $0.2544 | Dec 15, 2022 |
Dec 15, 2021 | $1.1841 | Dec 15, 2021 |
Dec 16, 2020 | $0.1787 | Dec 16, 2020 |
Dec 13, 2019 | $1.3759 | Dec 13, 2019 |