GuidePath Conservative Income Fund
Data updated: 2026-08-26
C000199540 — GuidePath Conservative Income Fund. Alternative · $29.40M AUM · 0.78% expense ratio. Holdings, fees, performance and SEC filings.
C000199540 Fund Overview
GuidePath Conservative Income Fund is a US mutual fund managed by GPS Funds II, categorised as Alternative. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: GPS Funds II
- Category: Alternative
- Assets under management: $29.40M
- 1-year return: 3.1%
- SEC CIK: 0001504079
- SEC series ID: S000061596
- Share class ID: C000199540
C000199540 Investment Objective and Strategy
GuidePath Conservative Income Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by GPS Funds II.
Investment objective
GuidePath Conservative Income Fund (the Fund) seeks to generate current income.
Principal investment strategy
The Fund invests primarily in a portfolio of actively and passively managed registered mutual funds and exchange-traded funds (ETFs), in addition to direct investments. The funds in which the Fund may invest are referred to herein as the Underlying Funds. AssetMark, Inc. (AssetMark or the Advisor) believes that investing in Underlying Funds provides the Fund with an efficient means of creating a portfolio that provides investors with indirect exposure to a broad range of investments. By investing in the Fund, you will indirectly bear fees and expenses of the Underlying Funds in addition to the Funds direct fees and expenses. In order to obtain exposure to certain markets, asset classes or active management styles, the Fund may buy Underlying Funds managed by the Advisor or its affiliates, which, in turn, invest in various securities, including ETFs.
The Fund may also invest directly in securities and other exchange-traded products, such as exchange-traded notes (ETNs). Under normal circumstances, the Fund will make investments in fixed income securities, including cash equivalents, that primarily have a maturity that is between 0 and 5 years. The asset classes in which the Fund may invest, either directly or indirectly via the Underlying Funds, include, but are not limited to, debt securities of governments, government agencies and supranational entities, debt securities of corporations, preferred stock, bank loans, convertible securities, mortgage- or asset-backed securities, inflation-linked securities and other securitized or collateralized debt obligations and higher-yielding bonds (sometimes referred to as junk bonds), including emerging market debt.
The Fund may also take positions in various global currencies and may hold positions in instruments that are denominated in currencies other than the U.S. dollar. In pursuit of the Funds secondary investment objective of capital preservation, the Fund expects under normal circumstances to invest a significant portion of its assets in cash and cash equivalents, including by investing approximately 25% to 50% of the Funds total assets in money market funds. In selecting debt securities for the Fund, the Advisor develops an outlook for credit markets, interest rates, currency exchange rates and the economy, analyzes individual credit and prepayment risks, and uses other security selection techniques. The proportion of the Funds assets committed to investment in securities with particular characteristics (such as quality, sector, interest rate or maturity) varies based on the Advisors outlook for the U.S.
economy and the economies of other countries in the world, the financial markets and other factors. The Fund may shift its investments from one asset class to another based on the Advisors analysis of the best opportunities for the Funds portfolio in a given market. The Fund may invest up to 20% of its total assets in bonds rated below investment grade. The Fund may invest up to 20% of its total assets in securities denominated in foreign currencies and may invest without limit in U.S. dollar-denominated securities of foreign issuers. The Funds asset allocation mix may change periodically over time. The Fund does not have a set target asset allocation mix. If the Advisor believes that market conditions are unfavorable or overvalued, it may significantly increase the allocation to more defensive asset classes.
Based on these judgments, the Funds asset allocation mix may significantly change over time in response to opportunities as they are identified. In certain circumstances the Fund may be fully invested in cash equivalents securities for an extended period of time. The Fund may invest in Underlying Funds that use derivatives for risk management purposes or as part of their investment strategies. An Underlying Fund may use derivatives to earn income and enhance returns, to manage or adjust the risk and duration exposure profile of the Underlying Fund, to replace more traditional direct investments or to obtain exposure to certain markets, interest rates, sectors or individual issuers. The derivatives used by an Underlying Fund may allow the Underlying Fund to obtain net long or net negative (short) exposures to selected interest rates, countries, duration or credit risks.
An Underlying Fund may also use derivatives to hedge or gain exposure to currencies.
C000199540 Holdings
Top 5 holdings of GuidePath Conservative Income Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| JPMorgan US Government Money M | 49.06% |
| State Street SPDR Bloomberg In | 44.91% |
| US Treasury N/b | 2.53% |
| US Treasury N/b | 1.68% |
| US Treasury N/b | 1.68% |
C000199540 Portfolio Allocation
Asset-class allocation of GuidePath Conservative Income Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Cash & Equivalents | 49.1% |
| Equity | 44.9% |
| Fixed Income | 5.9% |
C000199540 Performance
Total returns for C000199540 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 1.2% |
| 1 year | 3.1% |
| 3 years (annualised) | 4.0% |
| 5 years (annualised) | 2.5% |
C000199540 Risk Information
Risk metrics for C000199540, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 0.5%
C000199540 Costs and Fees
C000199540 costs about $78 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.78%
- Gross expense ratio: 1.00%
- Portfolio turnover: 780%
- Brokerage commissions: 12.94 bps of average net assets (SEC N-CEN)
C000199540 Cashflows
Over the 12 months to 2026-06, GuidePath Conservative Income Fund had net inflows of $3.42M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | −$1.24M |
| 2026-05 | −$1.03M |
| 2026-04 | $14.44M |
| 2026-03 | −$1.15M |
| 2026-02 | −$815.87K |
| 2026-01 | −$1.07M |
C000199540 Debt Constituents
Largest debt holdings of GuidePath Conservative Income Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| US Treasury N/b | 2.53% |
| US Treasury N/b | 1.68% |
| US Treasury N/b | 1.68% |
C000199540 Prospectus and SEC Filings
Official GuidePath Conservative Income Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-07-29
- Prospectus (485BPOS) — filed 2025-07-29
- Prospectus (485BPOS) — filed 2025-07-29
- Portfolio holdings (N-PORT) — filed 2026-08-26
- Portfolio holdings (N-PORT) — filed 2026-05-29
- Portfolio holdings (N-PORT) — filed 2026-02-27
- Annual census (N-CEN) — filed 2026-06-15
- Annual census (N-CEN) — filed 2025-06-13
Related Funds
Other Alternative funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.