GuideStone Funds Global Bond Fund (GGBFX)
The fund invests mainly (at least, and typically more than, 80% of its net assets, plus borrowings for investment purposes, if any) in a diversified portfolio of fixed income instruments of varying maturities and quality across different industries and sectors of the fixed income market. It may invest up to 30% of its assets in U.S. and non-U.S. (including emerging markets) below-investment grade securities (high yield securities or junk bonds). The average dollar-weighted duration of the fund normally varies between three and 10 years.
Fund Info
| ISIN | US40171W2310 |
|---|---|
| CUSIP | 40171W231 |
| Issuer | GuideStone Funds |
| Inception Date | Dec 28, 2006 |
| Category | Global Bonds |
| Min. Investment | $1,000 |
| Asset Class | Bond |
Expense Ratio
GGBFX has a high expense ratio of 0.86%, indicating higher-than-average management fees.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in GuideStone Funds Global Bond 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
GuideStone Funds Global Bond Fund had a return of -2.09% year-to-date (YTD) and 1.74% in the last 12 months. Over the past 10 years, GuideStone Funds Global Bond Fund had an annualized return of 0.59%, while the S&P 500 had an annualized return of 10.84%, indicating that GuideStone Funds Global Bond Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | -2.09% | 10.00% |
| 1 month | 0.46% | 2.41% |
| 6 months | 3.37% | 16.70% |
| 1 year | 1.74% | 26.85% |
| 5 years (annualized) | -0.73% | 12.81% |
| 10 years (annualized) | 0.59% | 10.84% |
Monthly Returns
The table below presents the monthly returns of GGBFX, 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 | -0.81% | -0.93% | 0.70% | -2.70% | -2.09% | ||||||||
| 2023 | 3.01% | -2.79% | 1.73% | 0.27% | -1.31% | 0.70% | 0.72% | -1.19% | -2.52% | -1.23% | 4.49% | 4.06% | 5.77% |
| 2022 | -1.95% | -1.99% | -2.71% | -4.51% | 0.35% | -4.09% | 3.27% | -2.30% | -4.56% | 0.13% | 4.39% | -0.24% | -13.73% |
| 2021 | -0.86% | -1.47% | -1.19% | 1.31% | 0.90% | 0.30% | 0.59% | 0.10% | -1.48% | -0.50% | -0.79% | 0.55% | -2.56% |
| 2020 | 0.61% | -0.80% | -8.42% | 3.20% | 2.57% | 1.36% | 3.09% | 0.10% | -0.60% | -0.00% | 3.11% | 1.27% | 5.03% |
| 2019 | 3.43% | 0.31% | 0.79% | 0.69% | 0.33% | 2.79% | 0.04% | 0.38% | 0.11% | 0.76% | -0.52% | 1.47% | 11.03% |
| 2018 | 0.88% | -1.39% | 0.14% | -1.24% | -1.31% | -0.69% | 0.93% | -1.05% | 0.32% | -1.50% | -0.21% | 0.33% | -4.74% |
| 2017 | 0.12% | 0.14% | 0.22% | 0.53% | 0.23% | -1.21% | 1.16% | 0.37% | 0.08% | -0.11% | 0.33% | 0.39% | 2.27% |
| 2016 | 0.13% | 0.17% | 0.03% | 0.20% | 0.28% | 0.33% | 0.45% | 0.54% | 0.13% | 0.30% | 0.29% | 0.92% | 3.84% |
| 2015 | 0.00% | 0.35% | 0.47% | 0.45% | 0.13% | 0.27% | 0.38% | 0.03% | 0.13% | 0.13% | 0.33% | 0.91% | 3.64% |
| 2014 | 0.16% | 2.20% | 0.53% | 1.05% | 1.50% | 0.73% | -0.90% | 1.23% | -2.44% | 0.66% | -0.27% | 0.19% | 4.65% |
| 2013 | 0.29% | 0.10% | 0.23% | 1.99% | -2.13% | -2.95% | 0.96% | -1.51% | 2.09% | 1.87% | -0.71% | 0.12% | 0.20% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of GGBFX is 9, indicating that it is in the bottom 9% 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.
GGBFX (GuideStone Funds Global Bond Fund)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for GuideStone Funds Global Bond Fund (GGBFX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
GuideStone Funds Global Bond Fund granted a 1.12% dividend yield in the last twelve months. The annual payout for that period amounted to $0.10 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.10 | $0.10 | $0.10 | $0.35 | $0.15 | $0.33 | $0.29 | $0.35 | $0.38 | $0.36 | $0.36 | $0.32 |
Dividend yield | 1.12% | 1.10% | 1.16% | 3.56% | 1.44% | 3.28% | 3.13% | 3.45% | 3.76% | 3.57% | 3.50% | 3.18% |
Monthly Dividends
The table displays the monthly dividend distributions for GuideStone Funds Global Bond 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 | $0.03 | $0.00 | $0.03 | |||||||
| 2023 | $0.00 | $0.00 | $0.00 | $0.02 | $0.01 | $0.02 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.04 | $0.10 |
| 2022 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.00 | $0.01 | $0.05 | $0.02 | $0.00 | $0.00 | $0.00 | $0.10 |
| 2021 | $0.01 | $0.03 | $0.03 | $0.02 | $0.00 | $0.00 | $0.00 | $0.02 | $0.03 | $0.02 | $0.00 | $0.18 | $0.35 |
| 2020 | $0.01 | $0.00 | $0.07 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.07 | $0.15 |
| 2019 | $0.02 | $0.00 | $0.03 | $0.03 | $0.00 | $0.03 | $0.03 | $0.03 | $0.02 | $0.02 | $0.02 | $0.11 | $0.33 |
| 2018 | $0.02 | $0.03 | $0.06 | $0.04 | $0.03 | $0.03 | $0.04 | $0.00 | $0.00 | $0.01 | $0.00 | $0.03 | $0.29 |
| 2017 | $0.01 | $0.01 | $0.02 | $0.05 | $0.02 | $0.01 | $0.05 | $0.03 | $0.03 | $0.02 | $0.04 | $0.05 | $0.35 |
| 2016 | $0.01 | $0.02 | $0.00 | $0.02 | $0.03 | $0.03 | $0.05 | $0.05 | $0.01 | $0.03 | $0.03 | $0.09 | $0.38 |
| 2015 | $0.00 | $0.04 | $0.05 | $0.05 | $0.01 | $0.03 | $0.04 | $0.00 | $0.01 | $0.01 | $0.03 | $0.09 | $0.36 |
| 2014 | $0.02 | $0.03 | $0.04 | $0.03 | $0.02 | $0.04 | $0.04 | $0.04 | $0.03 | $0.02 | $0.04 | $0.02 | $0.36 |
| 2013 | $0.02 | $0.02 | $0.07 | $0.03 | $0.03 | $0.01 | $0.03 | $0.02 | $0.04 | $0.07 | $0.32 |
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 GuideStone Funds Global Bond 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 GuideStone Funds Global Bond Fund was 27.03%, occurring on Nov 21, 2008. Recovery took 196 trading sessions.
The current GuideStone Funds Global Bond Fund drawdown is 12.95%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -27.03% | May 21, 2008 | 129 | Nov 21, 2008 | 196 | Sep 3, 2009 | 325 |
| -20.8% | Jan 6, 2021 | 452 | Oct 20, 2022 | — | — | — |
| -13.94% | Mar 5, 2020 | 13 | Mar 23, 2020 | 87 | Jul 27, 2020 | 100 |
| -6.58% | Aug 4, 2011 | 43 | Oct 4, 2011 | 78 | Jan 26, 2012 | 121 |
| -6.56% | Jan 26, 2018 | 212 | Nov 27, 2018 | 131 | Jun 7, 2019 | 343 |
Volatility
Volatility Chart
The current GuideStone Funds Global Bond Fund volatility is 1.70%, 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.