GARIX Performance — Gotham Absolute Return Fund, Institutional Class
Data updated: 2026-08-21
GARIX returned +10.25% year to date and +16.78% over one year to Jun 2026. Annualised returns are +18.24% over 3 years and +13.99% over 5 years. Against its US Large Blend category average the fund came out ahead over three years but behind over one: $100 invested three years ago grew to $165, against $157 for the category, and to $117 over one year, against $118. Volatility over the past three years was 8.66% a year. In the 12 months to Jun 2026 the fund took in a net $295.5M, and assets reached $1.24B.
GARIX Growth of $100
What $100 invested in Gotham Absolute Return Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Large Blend category average over the same months.
| Period | GARIX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $117 | $118 |
| 3 years (Jul 2023 – Jun 2026) | $165 | $157 |
| 5 years (Jul 2021 – Jun 2026) | $192 | $161 |
| Since data start (Jul 2019 – Jun 2026) | $216 | $229 |
GARIX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +10.25% |
| 1 year | +16.78% |
| 3 years (annualised) | +18.24% |
| 5 years (annualised) | +13.99% |
GARIX Annual Returns
Calendar-year total returns of Gotham Absolute Return Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +10.25% |
| 2025 | +16.24% |
| 2024 | +20.81% |
| 2023 | +17.73% |
| 2022 | −5.05% |
| 2021 | +26.90% |
| 2020 | −6.20% |
| 2019 (Jul–Dec) | +4.66% |
GARIX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +1.7% | +0.9% | −2.3% | +5.1% | +5.2% | −0.5% | — | — | — | — | — | — |
| 2025 | +3.0% | −1.2% | −2.8% | +0.8% | +5.6% | +4.2% | −0.9% | +0.1% | +3.9% | +1.7% | +0.8% | +0.2% |
| 2024 | +4.4% | +5.2% | +3.1% | −2.7% | +1.7% | +2.1% | +1.7% | +3.3% | +2.9% | −1.2% | +1.6% | −2.6% |
| 2023 | +2.3% | −1.7% | +3.2% | −0.3% | +1.9% | +4.5% | +2.4% | −0.6% | −1.4% | −0.7% | +5.1% | +2.0% |
| 2022 | −2.2% | −2.4% | +2.5% | −3.6% | +1.3% | −5.8% | +6.5% | −2.9% | −4.8% | +5.6% | +5.4% | −3.8% |
| 2021 | −0.6% | +3.3% | +5.6% | +3.1% | +2.0% | +0.1% | +1.5% | +2.2% | −2.8% | +3.5% | +1.8% | +4.7% |
| 2020 | −3.4% | −6.6% | −7.9% | +5.2% | +2.1% | +0.3% | +2.8% | +2.2% | −1.4% | −3.1% | +4.4% | 0.0% |
| 2019 | — | — | — | — | — | — | +1.1% | −2.1% | +2.2% | +1.5% | +2.0% | −0.2% |
GARIX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 8.66%
- 3-year Sharpe ratio: 1.59 (vs 4.5% risk-free rate)
- Best month: +5.57% (May 2025)
- Worst month: −2.83% (Mar 2025)
GARIX Fund Flows
Monthly money in and out of Gotham Absolute Return Fund, from SEC Form N-PORT.
- 12-month net flow: $295.5M
- 12-month gross sales (incl. reinvestments): $477.6M
- Sales ÷ redemptions: 2.62×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $36.1M | $16.0M | $20.1M |
| May 2026 | $32.5M | $13.5M | $19.0M |
| Apr 2026 | $40.7M | $25.1M | $15.6M |
| Mar 2026 | $35.0M | $18.9M | $16.1M |
| Feb 2026 | $46.1M | $20.0M | $26.2M |
| Jan 2026 | $47.8M | $17.0M | $30.9M |
| Dec 2025 | $59.2M | $24.7M | $34.5M |
| Nov 2025 | $25.9M | $10.4M | $15.5M |
| Oct 2025 | $27.3M | $9.2M | $18.1M |
| Sep 2025 | $19.5M | $10.0M | $9.5M |
| Aug 2025 | $28.9M | $7.5M | $21.4M |
| Jul 2025 | $78.6M | $9.9M | $68.6M |
GARIX Assets Under Management
Net assets of Gotham Absolute Return Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $1.24B |
| 2026-03-31 | $1.07B |
| 2025-12-31 | $997.49M |
| 2025-09-30 | $971.86M |
| 2025-06-30 | $842.55M |
| 2025-03-31 | $766.23M |
| 2024-12-31 | $724.62M |
| 2024-09-30 | $787.85M |
| 2024-06-28 | $680.58M |
| 2024-03-28 | $655.42M |
| 2023-12-29 | $551.12M |
| 2023-09-29 | $626.86M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.