Grant Park Multi Alternative Strategies Fund (GPAIX)
The investment seeks positive absolute returns. The fund seeks to achieve its investment objectives by allocating its assets among four independent, underlying strategies. Each strategy seeks to identify profitable opportunities across multiple, liquid foreign and domestic markets. The fund seeks to achieve its investment objective by implementing aggressive diversification across these markets, coupled with risk management and position hedging strategies, which allows the fund to seek positive returns while seeking to protect it from unnecessary market risk exposure.
Fund Info
US66538B7432
66538B743
Dec 30, 2013
$100,000
Expense Ratio
GPAIX has a high expense ratio of 1.43%, indicating above-average management fees.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
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Returns By Period
Grant Park Multi Alternative Strategies Fund (GPAIX) returned 1.33% year-to-date (YTD) and -1.42% over the past 12 months. Over the past 10 years, GPAIX returned 3.18% annually, underperforming the S&P 500 benchmark at 10.82%.
GPAIX
1.33%
1.43%
2.10%
-1.42%
0.62%
3.31%
3.18%
^GSPC (Benchmark)
1.00%
12.45%
0.40%
11.91%
15.05%
15.04%
10.82%
Monthly Returns
The table below presents the monthly returns of GPAIX, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 1.62% | -0.19% | -0.19% | 0.56% | -0.47% | 1.33% | |||||||
| 2024 | -1.51% | 1.44% | 2.55% | 0.00% | -0.28% | -1.02% | 0.00% | 0.37% | 2.98% | -4.25% | 1.04% | 0.19% | 1.33% |
| 2023 | 2.02% | -2.55% | -0.39% | 1.46% | -0.77% | 2.03% | 0.09% | -1.23% | -1.15% | -0.77% | 1.07% | 4.32% | 4.02% |
| 2022 | -0.28% | 1.29% | 2.64% | -0.09% | -0.62% | -1.07% | 1.18% | -2.50% | -0.92% | 0.28% | -0.46% | -1.24% | -1.88% |
| 2021 | -0.09% | 2.99% | -0.94% | 2.33% | 1.01% | -1.50% | -0.17% | 0.00% | 0.25% | 4.06% | -2.19% | 0.23% | 5.95% |
| 2020 | 0.00% | 0.94% | 0.65% | 1.02% | 0.64% | 0.09% | 1.46% | 0.54% | -1.96% | -1.00% | 2.67% | 3.81% | 9.09% |
| 2019 | 1.23% | -0.19% | 4.13% | 1.44% | 0.53% | 3.36% | 1.28% | 3.71% | -2.60% | -0.92% | 0.08% | 1.62% | 14.33% |
| 2018 | 7.20% | -6.14% | -1.40% | -0.35% | -1.78% | -0.81% | 0.27% | 0.64% | -0.81% | -4.37% | 1.52% | 0.48% | -5.96% |
| 2017 | 0.97% | 2.98% | -1.40% | 1.14% | 1.78% | -2.57% | 2.64% | 2.48% | -3.77% | 4.19% | 1.79% | 1.80% | 12.37% |
| 2016 | 2.58% | 3.63% | -0.09% | -1.17% | -1.09% | 4.05% | 2.30% | -2.59% | 0.18% | -3.90% | -3.87% | 0.74% | 0.36% |
| 2015 | 4.58% | -0.79% | 0.27% | 0.00% | 0.44% | -3.42% | 0.18% | -2.81% | 1.12% | 1.29% | -0.18% | -3.06% | -2.61% |
| 2014 | -1.40% | 2.43% | -1.29% | 0.50% | 0.90% | 1.19% | 0.59% | 2.72% | 0.38% | 0.66% | 3.09% | 2.40% | 12.74% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of GPAIX is 13, meaning it’s performing worse than 87% 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 Grant Park Multi Alternative Strategies Fund (GPAIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
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Dividends
Dividend History
Grant Park Multi Alternative Strategies Fund provided a 1.98% dividend yield over the last twelve months, with an annual payout of $0.21 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.21 | $0.21 | $0.21 | $0.28 | $0.53 | $0.07 | $1.23 | $0.00 | $0.00 | $0.20 | $0.08 | $0.35 |
Dividend yield | 1.98% | 2.01% | 1.98% | 2.71% | 4.88% | 0.60% | 11.53% | 0.00% | 0.00% | 1.92% | 0.76% | 3.24% |
Monthly Dividends
The table displays the monthly dividend distributions for Grant Park Multi Alternative Strategies 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||||||
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.21 | $0.21 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.21 | $0.21 |
| 2022 | $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 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.53 | $0.53 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.07 | $0.07 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.23 | $1.23 |
| 2018 | $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 |
| 2017 | $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 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.20 | $0.20 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.08 | $0.08 |
| 2014 | $0.35 | $0.35 |
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.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Grant Park Multi Alternative Strategies 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 Grant Park Multi Alternative Strategies Fund was 17.16%, occurring on Oct 29, 2018. Recovery took 210 trading sessions.
The current Grant Park Multi Alternative Strategies Fund drawdown is 2.66%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -17.16% | Jan 29, 2018 | 191 | Oct 29, 2018 | 210 | Aug 30, 2019 | 401 |
| -10.43% | Jul 11, 2016 | 102 | Dec 1, 2016 | 234 | Nov 6, 2017 | 336 |
| -9.69% | Apr 14, 2015 | 188 | Jan 8, 2016 | 125 | Jul 8, 2016 | 313 |
| -9.13% | Mar 9, 2022 | 265 | Mar 28, 2023 | 287 | May 17, 2024 | 552 |
| -6.59% | Sep 30, 2024 | 131 | Apr 8, 2025 | — | — | — |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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