GHPLX Performance — Gotham Hedged Plus Fund, Institutional Class
Data updated: 2023-02-24
GHPLX returned −12.62% over one year to Dec 2022. The annualised 3-year return is +1.97%. Against its US Value category average the fund came out ahead over three years but behind over one: $100 invested three years ago grew to $106, against $101 for the category, and to $87 over one year, against $89. Volatility over the past three years was 19.99% a year. In the 12 months to Dec 2022 the fund took in a net $3.7M, and assets reached $9.09M.
GHPLX Growth of $100
What $100 invested in Gotham Hedged Plus Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Value category average over the same months.
| Period | GHPLX | Category average |
|---|---|---|
| 1 year (Jan 2022 – Dec 2022) | $87 | $89 |
| 3 years (Jan 2020 – Dec 2022) | $106 | $101 |
| Since data start (Jul 2019 – Dec 2022) | $113 | $108 |
GHPLX Trailing Returns
Total returns to Dec 2022, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | −12.62% |
| 3 years (annualised) | +1.97% |
GHPLX Annual Returns
Calendar-year total returns of Gotham Hedged Plus Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2022 | −12.62% |
| 2021 | +40.82% |
| 2020 | −13.84% |
| 2019 (Jul–Dec) | +6.89% |
GHPLX 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | −2.6% | −3.5% | +4.7% | −5.2% | +4.3% | −7.7% | +4.4% | −9.4% | −7.2% | +7.4% | +7.7% | −4.2% |
| 2021 | −4.6% | +1.2% | +14.4% | +4.9% | +4.4% | −2.9% | +6.0% | +2.5% | −6.6% | +2.9% | +5.7% | +8.6% |
| 2020 | −3.4% | −6.2% | −5.8% | +7.3% | +1.5% | −0.8% | +5.6% | +3.2% | −5.7% | −4.5% | −3.0% | −1.9% |
| 2019 | — | — | — | — | — | — | +1.7% | −1.5% | +2.0% | +2.1% | +2.3% | +0.1% |
GHPLX Risk
Risk measures from monthly returns over Jan 2020 – Dec 2022.
- 3-year volatility (annualised): 19.99%
- 3-year Sharpe ratio: -0.13 (vs 4.5% risk-free rate)
- Best month: +14.39% (Mar 2021)
- Worst month: −9.43% (Aug 2022)
GHPLX Fund Flows
Monthly money in and out of Gotham Hedged Plus Fund, from SEC Form N-PORT.
- 12-month net flow: $3.7M
- 12-month gross sales (incl. reinvestments): $437K
- Sales ÷ redemptions: -0.13×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Dec 2022 | $361K | −$359K | $721K |
| Nov 2022 | $0 | $0 | $0 |
| Oct 2022 | $0 | −$36K | $36K |
| Sep 2022 | $75K | −$2.6M | $2.6M |
| Aug 2022 | $0 | −$300K | $300K |
| Jul 2022 | $0 | $0 | $0 |
| Jun 2022 | $0 | $0 | $0 |
| May 2022 | $0 | $0 | $0 |
| Apr 2022 | $0 | $0 | $0 |
| Mar 2022 | $0 | $0 | $0 |
| Feb 2022 | $0 | $0 | $0 |
| Jan 2022 | $0 | $0 | $0 |
GHPLX Assets Under Management
Net assets of Gotham Hedged Plus Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2022-12-30 | $9.09M |
| 2022-09-30 | $8.56M |
| 2022-06-30 | $12.90M |
| 2022-03-31 | $14.12M |
| 2021-12-31 | $14.35M |
| 2021-09-30 | $12.30M |
| 2021-06-30 | $12.12M |
| 2021-03-31 | $12.95M |
| 2020-12-31 | $12.24M |
| 2020-09-30 | $9.20M |
| 2020-06-30 | $8.62M |
| 2020-03-31 | $2.19M |
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.