This site is intended for residents of the U.S. only. The information on the website does not constitute an offer for products or services, or a solicitation of an offer to any person outside of the United States who is prohibited from receiving such information under the laws applicable to their place of citizenship, domicile or residence.
Individual securities discussed are not a recommendation to buy or sell any security. Gotham may be long or short these securities and holdings may differ among strategies.
The spread is defined as how much our long portfolio outperformed our short portfolio adjusted for leverage (i.e., 100% long the long portfolio less 100% long the short portfolio).
The Gotham Cash Flow Yields discussed are as of January 10, 2025, and for the indices and fund mentioned, they are position weighted averages. It is based on Gotham’s research methodology and is used to compare companies in a consistently meaningful way. Gotham’s analyst team utilizes a proprietary research process to assess a company's pre-tax cash flow and enterprise value. This information is updated throughout the year to account for company performance. The data for any one company or portfolio can change daily to reflect either new information and/or changing stock price. Gotham Cash Flow Yield is calculated by taking each company’s adjusted free cash flow yield divided by its adjusted enterprise value. Companies for which there is not applicable data to calculate Gotham Cash Flow Yield, primarily financial companies, have been excluded. The metrics do not represent or predict the performance of any fund, and do not represent income received by the fund or by shareholders in the fund.
The material herein may contain forward‐looking statements regarding future events, forecasts and expectations regarding equity markets and certain of Gotham's strategies. Forward‐looking statements may be identified by the use of forward‐looking terminology such as “may,” “expect,” “will,” “hope,” “intend,” “target,” “believe,” and/or comparable terminology. No assurance, representation, or warranty is made that any of Gotham expectations, objectives, views and/or objectives will be achieved, and actual results may be significantly different than reflected herein. Nothing contained herein may be relied upon as a guarantee, promise, assurance, or representation as to the future.
Any offering in one of Gotham's private funds is made only pursuant to the applicable confidential offering memorandum and is subject to the governing documents of the applicable fund or series of a fund. Limited partnership interests (“Interests”) are sold in private placements primarily to a limited number of U.S. persons meeting certain eligibility requirements. Neither a fund nor any series is registered as an Investment Company Act of 1940, as amended; and Interests are not registered under the Securities Act of 1933, as amended.
Gotham Funds
The performance data quoted represents past performance. Past performance is no guarantee of future results. Investment return and principal value will fluctuate so that an investor's shares upon redemption may be worth more or less than their original cost. The performance quoted does not reflect a 1% redemption fee imposed on shares redeemed or exchanged within 30 days of purchase. Returns would have been lower if certain expenses had not been reduced or reimbursed. Current performance may be lower or higher than the performance data quoted. For performance current to the most recent month-end, please contact us at 877-974-6852. To view standardized performance, please click here and go to the quarterly tab.
Mutual fund investing involves risks, including possible loss of principal. It is anticipated that the funds will frequently adjust the size of positions and thus may experience high portfolio turnover which may increase brokerage costs. Certain funds short securities and/or utilize leverage. Short sales theoretically involve unlimited loss potential since the market price of securities sold short may continuously increase. Leverage could result in greater losses than if the funds were not leveraged. Certain funds utilize swap agreements in their investment programs. The use of derivatives such as swaps exposes the funds to additional risks including increased volatility, lack of liquidity and possible losses greater than the fund’s initial investment. In addition, certain funds invest in large, mid and small cap companies. Small and mid-cap equity securities may be more volatile and less liquid than the securities of larger companies. Please see each Fund’s prospectus and fact sheet for additional risks.
An investor should consider the investment objectives, risks, charges and expenses of the funds carefully before investing. The prospectus and summary prospectus contain this and other information about the funds. The prospectuses and summary prospectuses are available by clicking here or by calling 877-974-6852. The prospectuses and summary prospectuses should be read carefully before investing.
Gotham Funds, which are registered with the United States Securities and Exchange Commission pursuant to the Investment Company Act of 1940, are distributed by Foreside Funds Distributors LLC (“Foreside”). Gotham Asset Management, LLC is the investment adviser to the Gotham Funds and is not affiliated with Foreside.
Gotham ETFs
An investor should consider the investment objectives, risks, charges, and expenses of the funds carefully before investing. The prospectus and summary prospectus contain this and other information about the funds. The prospectus and summary prospectus should be read carefully before investing. The prospectuses for the Gotham ETFs are available by clicking here.
An investment in the funds is subject to numerous risks including the possible loss of principal. There can be no assurance that the funds will achieve their investment objectives. Equity securities, such as common stocks, are subject to market, economic and business risks that may cause their prices to fluctuate. As with all ETFs, fund shares may be bought and sold in the secondary market at market prices. The market price normally should approximate each fund’s net asset value per share (NAV), but the market price sometimes may be higher or lower than the NAV. The funds are new with a limited operating history. There are a limited number of financial institutions authorized to buy and sell shares directly with the funds, and there may be a limited number of other liquidity providers in the marketplace. There is no assurance that fund shares will trade at any volume, or at all, on any stock exchange. Low trading activity may result in shares trading at a material discount to NAV. Please see the respective prospectus and summary prospectus for a complete description of principal risks. Please see the prospectus and summary prospectus for a complete description of principal risks.
Gotham ETFs are distributed by Foreside Fund Services, LLC.