Greenwich Ivy Long-Short Fund (GIVYX)
In pursuing its investment objective of long-term capital appreciation, the fund tactically invests in equity securities and exchange-traded funds that primarily invest in equity securities ("ETFs"). During periods of market volatility, the fund may assume a temporary defensive position by investing up to 70% of its assets in cash or cash equivalents such as money market funds and U.S. Treasury Securities. Under normal circumstances, it invests at least 40% (or 30% if conditions are not favorable) of the fund's net assets plus any amounts of borrowing in global securities. It is non-diversified.
Fund Info
US19423L8476
Dec 3, 2019
$1,000
Mid-Cap
Blend
Expense Ratio
GIVYX has a high expense ratio of 1.85%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Greenwich Ivy Long-Short 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
GIVYX
N/A
N/A
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^GSPC (Benchmark)
4.22%
2.22%
9.51%
22.46%
12.74%
11.29%
Monthly Returns
The table below presents the monthly returns of GIVYX, 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 | -4.38% | -0.59% | 0.24% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -4.72% | ||
| 2023 | 12.33% | -1.09% | -0.11% | 0.00% | -1.65% | 1.34% | 0.88% | -2.08% | -3.46% | -3.24% | 3.59% | 6.02% | 12.10% |
| 2022 | -0.10% | -2.46% | 0.53% | -0.84% | 2.43% | -4.94% | 3.79% | 0.73% | -5.18% | 0.55% | 2.61% | -13.05% | -15.90% |
| 2021 | -2.35% | 16.96% | 1.51% | -0.74% | 2.52% | -1.73% | -3.39% | -2.52% | 0.07% | -2.51% | -4.05% | -25.04% | -23.39% |
| 2020 | -0.90% | -6.73% | -4.09% | 5.95% | 0.32% | -4.12% | -0.77% | 5.89% | 1.47% | 3.21% | 20.64% | 5.81% | 26.89% |
| 2019 | 0.40% | 0.40% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of GIVYX is 17, meaning it’s performing worse than 83% of other mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Greenwich Ivy Long-Short Fund (GIVYX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Greenwich Ivy Long-Short Fund provided a 99.97% dividend yield over the last twelve months, with an annual payout of $8.48 per share.
| Period | TTM | 2023 | 2022 |
|---|---|---|---|
| Dividend | $8.48 | $0.28 | $0.02 |
Dividend yield | 99.97% | 3.12% | 0.26% |
Monthly Dividends
The table displays the monthly dividend distributions for Greenwich Ivy Long-Short 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 | $8.48 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $8.48 | |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.28 | $0.28 |
| 2022 | $0.02 | $0.02 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Greenwich Ivy Long-Short 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 Greenwich Ivy Long-Short Fund was 47.64%, occurring on Dec 27, 2022. The portfolio has not yet recovered.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -47.64% | Jun 11, 2021 | 390 | Dec 27, 2022 | — | — | — |
| -18.5% | Feb 12, 2020 | 28 | Mar 23, 2020 | 53 | Jun 8, 2020 | 81 |
| -13.76% | Jun 9, 2020 | 39 | Aug 3, 2020 | 65 | Nov 3, 2020 | 104 |
| -4.32% | Dec 7, 2020 | 12 | Dec 22, 2020 | 6 | Dec 31, 2020 | 18 |
| -4.15% | Jan 17, 2020 | 9 | Jan 30, 2020 | 8 | Feb 11, 2020 | 17 |
Volatility
Volatility Chart
The current Greenwich Ivy Long-Short Fund volatility is 0.00%, 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.