GTCSX Performance — Small Cap Equity Portfolio, Advisor Shares
Data updated: 2026-09-14
GTCSX returned +18.41% year to date and +27.31% over one year to Jul 2026. Annualised returns are +8.68% over 3 years and +7.57% over 5 years. The fund trailed its US Small Value category average: $100 invested three years ago grew to $128, against $147 for the category, and to $127 over one year, against $131. Volatility over the past three years was 18.30% a year. In the 12 months to Jul 2026 the fund lost a net $201.5M, and assets reached $1.04B.
GTCSX Growth of $100
What $100 invested in Small Cap Equity Portfolio grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Small Value category average over the same months.
| Period | GTCSX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $127 | $131 |
| 3 years (Aug 2023 – Jul 2026) | $128 | $147 |
| 5 years (Aug 2021 – Jul 2026) | $144 | $154 |
| Since data start (Aug 2019 – Jul 2026) | $206 | $214 |
GTCSX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +18.41% |
| 1 year | +27.31% |
| 3 years (annualised) | +8.68% |
| 5 years (annualised) | +7.57% |
GTCSX Annual Returns
Calendar-year total returns of Small Cap Equity Portfolio, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +18.41% |
| 2025 | −1.91% |
| 2024 | +8.50% |
| 2023 | +17.03% |
| 2022 | −10.65% |
| 2021 | +28.89% |
| 2020 | +15.64% |
| 2019 (Aug–Dec) | +5.14% |
GTCSX 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 | +5.0% | −1.0% | −5.8% | +9.2% | +2.7% | +4.5% | +3.1% | — | — | — | — | — |
| 2025 | +2.9% | −6.7% | −6.8% | −5.4% | +4.2% | +3.3% | +0.1% | +6.6% | −1.1% | −0.8% | +2.3% | +0.5% |
| 2024 | −2.9% | +3.9% | +3.9% | −6.0% | +5.4% | −2.0% | +9.7% | −1.3% | −0.5% | −2.1% | +9.4% | −7.5% |
| 2023 | +9.7% | −1.1% | −4.0% | −1.3% | −2.2% | +8.3% | +5.5% | −4.1% | −6.2% | −5.4% | +8.3% | +10.4% |
| 2022 | −4.3% | +3.7% | +0.5% | −7.5% | +1.4% | −9.4% | +8.7% | −3.1% | −9.6% | +11.8% | +5.8% | −6.3% |
| 2021 | +1.6% | +7.4% | +4.3% | +5.1% | +1.5% | −2.0% | −0.9% | +2.0% | −0.7% | +4.2% | −1.3% | +5.0% |
| 2020 | −2.2% | −10.0% | −26.4% | +15.9% | +8.8% | +1.5% | +5.9% | +5.0% | −4.5% | +2.4% | +16.9% | +9.9% |
| 2019 | — | — | — | — | — | — | — | −5.9% | +1.2% | +1.0% | +4.8% | +4.3% |
GTCSX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 18.30%
- 3-year Sharpe ratio: 0.23 (vs 4.5% risk-free rate)
- Best month: +10.43% (Dec 2023)
- Worst month: −7.50% (Dec 2024)
GTCSX Fund Flows
Monthly money in and out of Small Cap Equity Portfolio, from SEC Form N-PORT.
- 12-month net flow: −$201.5M
- 12-month gross sales (incl. reinvestments): $174.4M
- Sales ÷ redemptions: 0.46×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $8.0M | $27.0M | −$19.0M |
| Jun 2026 | $7.2M | $20.2M | −$13.0M |
| May 2026 | $9.1M | $21.5M | −$12.4M |
| Apr 2026 | $8.6M | $19.0M | −$10.4M |
| Mar 2026 | $11.7M | $19.3M | −$7.6M |
| Feb 2026 | $8.5M | $22.9M | −$14.4M |
| Jan 2026 | $13.9M | $90.0M | −$76.1M |
| Dec 2025 | $63.5M | $38.4M | $25.1M |
| Nov 2025 | $8.4M | $24.8M | −$16.3M |
| Oct 2025 | $16.4M | $35.5M | −$19.1M |
| Sep 2025 | $9.5M | $24.9M | −$15.4M |
| Aug 2025 | $9.6M | $32.3M | −$22.7M |
GTCSX Assets Under Management
Net assets of Small Cap Equity Portfolio by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $1.04B |
| 2026-04-30 | $984.66M |
| 2026-01-31 | $999.43M |
| 2025-10-31 | $1.06B |
| 2025-07-31 | $1.07B |
| 2025-04-30 | $1.04B |
| 2025-01-31 | $1.31B |
| 2024-10-31 | $1.27B |
| 2024-07-31 | $1.33B |
| 2024-04-30 | $1.19B |
| 2024-01-31 | $1.07B |
| 2023-10-31 | $953.19M |
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.