GLDZX Fees and Costs — Low-Duration Bond Fund, Investor Class
Data updated: 2026-08-27
The net expense ratio is 0.67%: a 0.29% management fee plus 0.37% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $119K in broker commissions, 0.0134% of average net assets, and portfolio turnover was 161%.
GLDZX Fees and Expenses
Annual operating expenses and sales charges of GLDZX. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.29% |
| 12b-1 fee | — |
| Other expenses | 0.37% |
| Gross expense ratio | 0.67% |
| Fee waiver | — |
| Net expense ratio | 0.67% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
GLDZX Costs Over Time
On $10,000 invested in GLDZX, assuming 5% a year before costs, total costs come to $430 over 5 years, cutting the return by 0.72% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.67%) | $70 | $220 | $383 |
| Trading costs (broker commissions) | $1 | $4 | $8 |
| Lost growth on money paid in costs | $0 | $11 | $39 |
| Total costs | $72 | $236 | $430 |
| Value after costs | $10,428 | $11,341 | $12,333 |
| Impact on return, per year | 0.72% | 0.72% | 0.72% |
GLDZX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0134%
- Total broker commissions: $119K
- Bought from dealers (principal trades, not a cost): $4.5B
- Portfolio turnover (prospectus): 161%
- Securities on loan, average value: $86.0M
- Net income from securities lending: $130K (0.015% of average net assets)
GLDZX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS & CO. LLC | $63K | 71.56% |
| UBS AG | $15K | 16.61% |
| BNP PARIBAS | $5K | 6.23% |
| EUROCLEAR BANK S.A / N.V | $3K | 3.08% |
| NATIONAL FINANCIAL SERVICES LLC | $2K | 2.53% |
GLDZX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| GUIDESTONE MONEY MARKET FUND | $1.8B | 48.28% |
| J.P. Morgan Securities LLC | $664.8M | 18.15% |
| MORGAN STANLEY & CO. LLC | $464.0M | 12.67% |
| BofAML Securities, Inc. | $181.1M | 4.95% |
| Citigroup Global Markets Inc. | $140.1M | 3.83% |
| Merrill Lynch International | $132.9M | 3.63% |
| GOLDMAN SACHS & CO. LLC | $95.5M | 2.61% |
| CITADEL SECURITIES INSTITUTIONAL LLC | $80.5M | 2.20% |
| BNP PARIBAS SECURITIES BOND | $67.8M | 1.85% |
| HSBC SECURITIES (USA) INC. | $67.6M | 1.85% |
Low-Duration Bond Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| GLDYX | Institutional Class | 0.38% | — |
| GLDZX | Investor Class | 0.67% | — |
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.