Gotham Defensive Long 500 Fund (GDLFX)
The investment seeks long-term capital appreciation. The fund seeks to achieve its investment objective by investing under normal circumstances in long and short positions of equity and equity-related securities. It invests primarily in U.S. common stocks of companies listed in the S&P 500 Index, but may invest in other large capitalization companies, generally selected from the largest 500 to 700 U.S. companies by market capitalization. It is anticipated that the fund will hold several hundred positions.
Fund Info
| ISIN | US3608753550 |
|---|---|
| CUSIP | 360875355 |
| Issuer | Gotham |
| Inception Date | Sep 29, 2016 |
| Category | Long-Short |
| Min. Investment | $25,000 |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Blend |
Expense Ratio
GDLFX has a high expense ratio of 1.35%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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Popular comparisons: GDLFX vs. GLD, GDLFX vs. SPY, GDLFX vs. FDFIX, GDLFX vs. QQQ, GDLFX vs. SPLG
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Gotham Defensive Long 500 Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Gotham Defensive Long 500 Fund had a return of 10.08% year-to-date (YTD) and 20.70% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 10.08% | 9.49% |
| 1 month | -0.41% | 1.20% |
| 6 months | 9.80% | 18.29% |
| 1 year | 20.70% | 26.44% |
| 5 years (annualized) | 7.48% | 12.64% |
| 10 years (annualized) | N/A | 10.67% |
Monthly Returns
The table below presents the monthly returns of GDLFX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 5.39% | 2.19% | 3.70% | -4.20% | 10.08% | ||||||||
| 2023 | 1.70% | -5.01% | 5.65% | 2.46% | 0.28% | 2.25% | -0.14% | 1.79% | -1.42% | 2.06% | 4.44% | 0.32% | 14.91% |
| 2022 | -4.03% | -4.41% | 5.21% | -2.97% | 1.31% | -5.40% | 3.88% | -2.78% | -6.93% | 9.07% | 6.68% | -5.47% | -7.21% |
| 2021 | 0.53% | -1.40% | 9.84% | 2.42% | 4.33% | -2.04% | 1.31% | 2.97% | -4.88% | 3.34% | 0.53% | 10.21% | 29.49% |
| 2020 | -3.00% | -10.66% | -8.47% | 5.67% | 3.66% | -1.21% | 3.23% | 5.92% | -4.39% | -5.68% | 2.48% | -0.62% | -13.80% |
| 2019 | 5.80% | 1.53% | -0.64% | -0.64% | -2.33% | 4.20% | 1.42% | 0.62% | 2.32% | 0.76% | 1.50% | 0.22% | 15.53% |
| 2018 | 3.68% | -4.99% | 0.08% | 0.00% | -0.79% | 1.68% | 3.86% | 2.43% | 2.07% | -2.03% | 3.11% | -8.79% | -0.50% |
| 2017 | 0.86% | 5.40% | -0.27% | 0.09% | -0.72% | -0.45% | 1.91% | 1.70% | 2.90% | 0.51% | 5.61% | 3.30% | 22.64% |
| 2016 | -1.71% | 6.22% | 0.58% | 5.02% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of GDLFX is 90, placing it in the top 10% of mutual funds on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
GDLFX (Gotham Defensive Long 500 Fund)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Gotham Defensive Long 500 Fund (GDLFX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Gotham Defensive Long 500 Fund granted a 0.00% dividend yield in the last twelve months. The annual payout for that period amounted to $0.00 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|
| Dividend | $0.00 | $0.00 | $0.04 | $0.09 | $0.13 | $0.19 | $1.03 | $0.08 |
Dividend yield | 0.00% | 0.00% | 0.26% | 0.61% | 1.13% | 1.42% | 8.82% | 0.63% |
Monthly Dividends
The table displays the monthly dividend distributions for Gotham Defensive Long 500 Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||||||
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.04 | $0.04 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.09 | $0.09 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.13 | $0.13 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.19 | $0.19 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.03 | $1.03 |
| 2017 | $0.08 | $0.08 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the Gotham Defensive Long 500 Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Gotham Defensive Long 500 Fund was 32.56%, occurring on Mar 23, 2020. Recovery took 283 trading sessions.
The current Gotham Defensive Long 500 Fund drawdown is 1.61%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -32.56% | Jan 21, 2020 | 44 | Mar 23, 2020 | 283 | May 6, 2021 | 327 |
| -15.7% | Dec 30, 2021 | 190 | Sep 30, 2022 | 212 | Aug 7, 2023 | 402 |
| -13.91% | Nov 12, 2018 | 29 | Dec 24, 2018 | 131 | Jul 3, 2019 | 160 |
| -10.4% | Jan 29, 2018 | 39 | Mar 23, 2018 | 102 | Aug 17, 2018 | 141 |
| -7.92% | May 11, 2021 | 28 | Jun 18, 2021 | 40 | Aug 16, 2021 | 68 |
Volatility
Volatility Chart
The current Gotham Defensive Long 500 Fund volatility is 2.94%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.