GBAYX Performance — Balanced Allocation Fund, Institutional Class
Data updated: 2026-08-27
GBAYX returned +5.34% year to date and +11.46% over one year to Jun 2026. Annualised returns are +10.66% over 3 years and +4.59% over 5 years. The fund trailed its US Multi-Cap Blend category average: $100 invested three years ago grew to $136, against $143 for the category, and to $111 over one year, against $116. Volatility over the past three years was 7.68% a year. In the 12 months to Jun 2026 the fund lost a net $10.5M, and assets reached $1.33B.
GBAYX Growth of $100
What $100 invested in Balanced Allocation Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Multi-Cap Blend category average over the same months.
| Period | GBAYX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $111 | $116 |
| 3 years (Jul 2023 – Jun 2026) | $136 | $143 |
| 5 years (Jul 2021 – Jun 2026) | $125 | $136 |
| Since data start (Jul 2019 – Jun 2026) | $154 | $173 |
GBAYX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +5.34% |
| 1 year | +11.46% |
| 3 years (annualised) | +10.66% |
| 5 years (annualised) | +4.59% |
GBAYX Annual Returns
Calendar-year total returns of Balanced Allocation Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +5.34% |
| 2025 | +12.79% |
| 2024 | +8.59% |
| 2023 | +12.49% |
| 2022 | −15.35% |
| 2021 | +7.17% |
| 2020 | +11.02% |
| 2019 (Jul–Dec) | +5.16% |
GBAYX 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 | +1.2% | +1.1% | −4.2% | +4.6% | +2.4% | +0.2% | — | — | — | — | — | — |
| 2025 | +2.2% | +0.7% | −1.9% | +0.3% | +2.5% | +2.8% | +0.2% | +1.9% | +2.0% | +1.0% | +0.2% | +0.4% |
| 2024 | +0.2% | +1.5% | +1.9% | −2.9% | +2.8% | +1.1% | +2.1% | +1.8% | +1.7% | −2.0% | +2.5% | −2.2% |
| 2023 | +4.9% | −2.5% | +2.0% | +0.8% | −0.8% | +2.7% | +1.7% | −1.6% | −3.0% | −2.0% | +6.1% | +4.0% |
| 2022 | −3.5% | −2.3% | −0.7% | −5.6% | 0.0% | −4.9% | +4.2% | −2.8% | −6.1% | +2.4% | +5.4% | −2.0% |
| 2021 | −0.9% | +0.8% | +0.9% | +2.5% | +0.9% | +0.8% | +0.7% | +1.2% | −2.7% | +2.2% | −1.5% | +2.1% |
| 2020 | −0.1% | −3.2% | −9.1% | +6.1% | +3.2% | +2.1% | +3.3% | +2.5% | −1.3% | −1.1% | +6.7% | +2.6% |
| 2019 | — | — | — | — | — | — | +0.2% | −0.2% | +0.8% | +1.4% | +1.2% | +1.6% |
GBAYX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 7.68%
- 3-year Sharpe ratio: 0.80 (vs 4.5% risk-free rate)
- Best month: +6.10% (Nov 2023)
- Worst month: −4.16% (Mar 2026)
GBAYX Fund Flows
Monthly money in and out of Balanced Allocation Fund, from SEC Form N-PORT.
- 12-month net flow: −$10.5M
- 12-month gross sales (incl. reinvestments): $169.8M
- Sales ÷ redemptions: 0.94×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $2.8M | $14.3M | −$11.6M |
| May 2026 | $2.9M | $18.9M | −$16.0M |
| Apr 2026 | $6.4M | $11.0M | −$4.5M |
| Mar 2026 | $3.9M | $10.3M | −$6.4M |
| Feb 2026 | $5.6M | $8.9M | −$3.3M |
| Jan 2026 | $4.0M | $49.0M | −$45.0M |
| Dec 2025 | $108.5M | $11.9M | $96.6M |
| Nov 2025 | $8.8M | $15.5M | −$6.7M |
| Oct 2025 | $6.9M | $8.2M | −$1.3M |
| Sep 2025 | $10.1M | $11.8M | −$1.8M |
| Aug 2025 | $5.6M | $9.2M | −$3.6M |
| Jul 2025 | $4.4M | $11.3M | −$6.9M |
GBAYX Assets Under Management
Net assets of Balanced Allocation Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $1.33B |
| 2026-03-31 | $1.27B |
| 2025-12-31 | $1.35B |
| 2025-09-30 | $1.34B |
| 2025-06-30 | $1.30B |
| 2025-03-31 | $1.26B |
| 2024-12-31 | $1.26B |
| 2024-09-30 | $1.31B |
| 2024-06-28 | $1.26B |
| 2024-03-28 | $1.28B |
| 2023-12-29 | $1.24B |
| 2023-09-29 | $1.19B |
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.