GVIYX Fees and Costs — Value Equity Index Fund, Institutional Class
Data updated: 2026-08-27
The net expense ratio is 0.26%: a 0.10% management fee plus 0.15% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $12K in broker commissions, 0.0056% of average net assets, and portfolio turnover was 20%.
GVIYX Fees and Expenses
Annual operating expenses and sales charges of GVIYX. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.10% |
| 12b-1 fee | — |
| Other expenses | 0.15% |
| Gross expense ratio | 0.26% |
| Fee waiver | — |
| Net expense ratio | 0.26% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
GVIYX Costs Over Time
On $10,000 invested in GVIYX, assuming 5% a year before costs, total costs come to $169 over 5 years, cutting the return by 0.28% 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 0.26%) | $27 | $86 | $150 |
| Trading costs (broker commissions) | $1 | $2 | $3 |
| Lost growth on money paid in costs | $0 | $4 | $15 |
| Total costs | $28 | $92 | $169 |
| Value after costs | $10,472 | $11,484 | $12,594 |
| Impact on return, per year | 0.28% | 0.28% | 0.28% |
GVIYX 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): 0.0056%
- Total broker commissions: $12K
- Bought from dealers (principal trades, not a cost): $304.6M
- Portfolio turnover (prospectus): 20%
- Securities on loan, average value: $6.3M
- Net income from securities lending: $12K (0.005% of average net assets)
GVIYX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BARCLAYS CAPITAL SECURITIES LIMITED | $4K | 33.35% |
| J.P. MORGAN SECURITIES LLC | $3K | 27.24% |
| GOLDMAN SACHS & CO. LLC | $1K | 10.21% |
| MORGAN STANLEY & CO. LLC | $1K | 9.16% |
| BOFA SECURITIES INC. | $864 | 7.21% |
| JEFFERIES LLC | $853 | 7.13% |
| CITIGROUP GLOBAL MARKETS LIMITED | $506 | 4.22% |
| GOLDMAN SACHS INTERNATIONAL | $109 | 0.91% |
| INSTINET, LLC | $40 | 0.33% |
| J.P. MORGAN SECURITIES PLC | $29 | 0.24% |
GVIYX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| GUIDESTONE MONEY MARKET FUND | $172.3M | 56.55% |
| BARCLAYS CAPITAL SECURITIES LIMITED | $49.9M | 16.39% |
| J.P. MORGAN SECURITIES LLC | $40.0M | 13.13% |
| MORGAN STANLEY & CO. LLC | $12.7M | 4.18% |
| BOFA SECURITIES INC. | $10.8M | 3.55% |
| JEFFERIES LLC | $10.7M | 3.50% |
| CITIGROUP GLOBAL MARKETS LIMITED | $5.9M | 1.94% |
| GOLDMAN SACHS & CO. LLC | $1.8M | 0.58% |
| INSTINET, LLC | $501K | 0.16% |
| UBS SECURITIES LLC | $74K | 0.02% |
Value Equity Index Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| GVIYX | Institutional Class | 0.26% | — |
| GVIZX | Investor Class | 0.51% | — |
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.