Gotham Large Value Fund (GVALX)

100% Long

NAV $13.96

Daily Return -0.07%

Since Inception Return (Cum) 64.26%

TickerGVALX
CUSIP360875470
Minimum Investment$100,000
Fund Net Assets$64,651,991
Inception Date12/31/15
As of 11/14/2019

Investment Overview

The Gotham Large Value Fund (the “Fund”) is a value weighted long-only U.S. equity strategy that selects from the largest 500 -700 U.S. companies based on market capitalization. The Fund seeks long-term capital appreciation by investing in long positions of equity securities and in doing so aims to achieve a total return greater than that of the S&P 500 over a full market cycle, which includes bull (rising) and bear (falling) markets.

Investment Strategy and Process

Gotham's proprietary equity research and risk controls are used to select the portfolio primarily from a large market capitalization universe.

The Co-CIOs and their team of equity analysts employ Gotham’s proprietary analytical framework to evaluate stocks within the coverage universe on measures of absolute and relative value.

The portfolio is rebalanced daily to weight most heavily those stocks that are priced at the largest discount to Gotham's assessment of value. In general, as a company appears cheaper, its weight in the portfolio increases.

Risk for the Fund is managed following a disciplined proprietary process limiting concentration in any one company, industry or sector. In addition, exposures are managed daily to remain within carefully defined ranges.

Performance as of 10/31/2019

  Month Trailing 3
Months
YTD 1 YEAR 3 YEAR Since Inception Annualized1 Since Inception Cumulative1
Gotham Large Value Fund - GVALX 2.11% 2.26% 21.38% 12.73% 14.67% 12.98% 59.67%
S&P 500 2.17% 2.43% 23.16% 14.33% 14.91% 13.16% 60.63%

1Inception date: December 31, 2015

Please click here to view quarterly standardized performance

Composition & Holdings as of 09/30/2019

Portfolio Composition
Long Holdings 230
Net Sector Allocation (% of Equity)
Information Tech 19.22%
Industrials 16.47%
Financials 14.45%
Health Care 13.95%
Consumer Disc 10.93%
Consumer Staples 7.82%
Energy 5.94%
Communication Services 4.97%
Materials 4.67%
Utilities 0.90%
Real Estate 0.19%

Fees & Minimums

Purchase of Shares
Investment Minimum   $100,000
Additional Investment Minimum   $2,000

Annual Fund Operating Expenses
Gross Expense Ratio1 2.19%
Net Expense Ratio2 0.75%
Distribution (12b-1) Fee None

Shareholder Fees
Sales Load   None
Deferred Sales Load   None
Redemption Fee (within 30 days)   1.00%

Purchase Directly through the Fund Family (See Below)

OR

Available at the Following Firms:

  • 1.

    To purchase directly, Complete Online Application for Non-Retirement Account or Retirement Account:

    CLICK HERE for the application

  • 2.

    Any questions?

     

    If you have any questions, please contact Shareholder Services at (877) 974-6852 Monday – Friday 9:00am to 5:00pm ET.