Government Street Equity Fund (GVEQX)

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Government Street Equity Fund (GVEQX) is up 10.1% since the beginning of the year. GVEQX is currently trading at $161 per share. Investors who bought $1,000 worth of GVEQX shares 5 years ago would now be looking at an investment worth $1,977.

Government Street Equity Fund (GVEQX) has returned 10.07% so far this year and 28.03% over the past 12 months. Looking at the last ten years, GVEQX has achieved an annualized return of 15.71%, outperforming the S&P 500 Index benchmark, which averaged 13.66% per year.

Based on dividend-adjusted daily data since Jan 2, 1992, GVEQX's average daily return is +0.04%, while the average monthly return is +0.83%. At this rate, an investment would double in approximately 7.0 years.

Historically, 63% of months were positive and 37% were negative. The best month was Apr 2020 with a return of +12.2%, while the worst month was Oct 2008 at -18.1%. The longest winning streak lasted 15 consecutive months, and the longest losing streak was 6 months.

On a daily basis, GVEQX closed higher 53% of trading days. The best single day was Oct 13, 2008 with a return of +11.2%, while the worst single day was Mar 16, 2020 at -11.7%.

Government Street Equity Fund has an annualized alpha of 0.95%, beta of 0.95, and R2 of 0.96 versus S&P 500 Index. Calculated based on daily prices since January 03, 1992.

• This fund participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (96.46%) than losses (93.79%) - typical of diversified or defensive assets.
• With beta of 0.95 and R2 of 0.96, this fund moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.

GVEQX has an expense ratio of 0.85%, placing it in the medium range.

GVEQX ranks 54 for risk / return — on par with similar mutual funds. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.

The table below present risk-adjusted performance metrics for Government Street Equity Fund (GVEQX) and compare them to S&P 500 Index.

Government Street Equity Fund provided a 2.58% dividend yield over the last twelve months, with an annual payout of $4.16 per share.

The table displays the monthly dividend distributions for Government Street Equity Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

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.

The table below displays the maximum drawdowns of the Government Street Equity 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 Government Street Equity Fund was 54.53%, occurring on Mar 9, 2009. Recovery took 541 trading sessions.

The current Government Street Equity Fund drawdown is 0.68%.

The chart below shows the rolling one-month volatility.