Grant Park Multi Alternative Strategies Fund Class C (GPACX)
| Fund Assets | 313.87M |
| Expense Ratio | 2.54% |
| Min. Investment | $2,500 |
| Turnover | 40.00% |
| Dividend (ttm) | 0.10 |
| Dividend Yield | 0.97% |
| Dividend Growth | -0.79% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 16, 2024 |
| Previous Close | 10.34 |
| YTD Return | 4.92% |
| 1-Year Return | 4.71% |
| 5-Year Return | 5.92% |
| 52-Week Low | 9.67 |
| 52-Week High | 10.51 |
| Beta (5Y) | n/a |
| Holdings | 104 |
| Inception Date | Dec 31, 2013 |
About GPACX
Grant Park Multi Alternative Strategies Fund Class C is a mutual fund designed to serve as a comprehensive portfolio diversifier within the financial markets. Its primary function is to deliver positive absolute returns through a multi-strategy, multi-asset approach. The fund allocates its assets among four distinct underlying strategies, each targeting profitable opportunities across global liquid markets including equities, sovereign interest rates, commodities, and currencies. This structure enables both long and short exposures to a variety of sectors such as energy, grains, metals, and industrials, in addition to global stock indices and interest rates. The fund utilizes derivatives extensively to achieve its targets, seeking to minimize correlation with traditional equity and fixed income investments, and thus potentially reducing overall portfolio volatility. Managed by Dearborn Capital Management with sub-advisory from EMC Capital Advisors, the Grant Park Multi Alternative Strategies Fund employs a robust risk management framework and daily due diligence to balance return-seeking strategies with risk controls. Its role in the market is to provide investors with an alternative source of diversified returns, aiming to avoid significant downside risk associated with conventional long-only strategies.
Performance
GPACX had a total return of 4.71% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.78%.
Top 10 Holdings
58.77% of assets| Name | 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 | $0.100 | Dec 17, 2024 |
| Dec 13, 2023 | $0.1008 | Dec 14, 2023 |
| Dec 14, 2022 | $0.1818 | Dec 15, 2022 |
| Dec 15, 2021 | $1.102 | Dec 15, 2021 |
| Dec 16, 2020 | $0.1341 | Dec 16, 2020 |
| Dec 13, 2019 | $1.2963 | Dec 13, 2019 |