GVMCX Performance — Government Street Opportunities Fund
Data updated: 2026-08-28
GVMCX returned +15.27% year to date and +23.18% over one year to Jun 2026. Annualised returns are +17.16% over 3 years and +11.31% over 5 years. The fund beat its US Mid-Cap Blend category average: $100 invested three years ago grew to $161, against $150 for the category, and to $123 over one year, against $122. Volatility over the past three years was 13.59% a year. In the 12 months to Jun 2026 the fund lost a net $3.3M, and assets reached $93.62M.
GVMCX Growth of $100
What $100 invested in Government Street Opportunities Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Mid-Cap Blend category average over the same months.
| Period | GVMCX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $123 | $122 |
| 3 years (Jul 2023 – Jun 2026) | $161 | $150 |
| 5 years (Jul 2021 – Jun 2026) | $171 | $147 |
| Since data start (Jan 2020 – Jun 2026) | $314 | $195 |
GVMCX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +15.27% |
| 1 year | +23.18% |
| 3 years (annualised) | +17.16% |
| 5 years (annualised) | +11.31% |
GVMCX Annual Returns
Calendar-year total returns of Government Street Opportunities Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +15.27% |
| 2025 | +14.51% |
| 2024 | +17.28% |
| 2023 | +15.17% |
| 2022 | −14.18% |
| 2021 | +30.40% |
| 2020 | +57.29% |
GVMCX 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 | +4.5% | +1.9% | −5.3% | +7.7% | +3.5% | +2.5% | — | — | — | — | — | — |
| 2025 | +1.9% | −0.1% | −3.4% | −1.5% | +5.9% | +4.4% | +1.8% | +1.9% | +2.6% | +0.4% | −0.4% | +0.4% |
| 2024 | +0.9% | +7.9% | +5.2% | −5.8% | +5.4% | −0.8% | +3.1% | +1.0% | +0.9% | +0.2% | +6.5% | −7.2% |
| 2023 | +5.6% | −1.6% | +0.3% | −0.3% | −0.4% | +7.1% | +2.3% | −0.9% | −5.3% | −4.3% | +7.0% | +5.7% |
| 2022 | −9.1% | +0.1% | +3.4% | −7.9% | +1.8% | −7.3% | +9.1% | −3.5% | −7.7% | +7.3% | +6.7% | −5.7% |
| 2021 | −0.4% | +4.0% | +2.8% | +5.8% | +1.6% | +2.0% | +3.0% | +2.8% | −4.8% | +8.3% | −1.2% | +3.5% |
| 2020 | 0.0% | −0.1% | −0.1% | +8.6% | +7.5% | +7.8% | +6.0% | +3.3% | −2.5% | +1.3% | +10.3% | +5.0% |
GVMCX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 13.59%
- 3-year Sharpe ratio: 0.93 (vs 4.5% risk-free rate)
- Best month: +7.89% (Feb 2024)
- Worst month: −7.25% (Dec 2024)
GVMCX Fund Flows
Monthly money in and out of Government Street Opportunities Fund, from SEC Form N-PORT.
- 12-month net flow: −$3.3M
- 12-month gross sales (incl. reinvestments): $9.7M
- Sales ÷ redemptions: 0.75×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $137K | $1.4M | −$1.3M |
| May 2026 | $150K | $436K | −$286K |
| Apr 2026 | $253K | $331K | −$78K |
| Mar 2026 | $842K | $1.0M | −$205K |
| Feb 2026 | $1.5M | $118K | $1.4M |
| Jan 2026 | $2.0M | $176K | $1.8M |
| Dec 2025 | $1.8M | $985K | $855K |
| Nov 2025 | $273K | $160K | $113K |
| Oct 2025 | $49K | $363K | −$314K |
| Sep 2025 | $136K | $133K | $3K |
| Aug 2025 | $452K | $5.5M | −$5.1M |
| Jul 2025 | $2.0M | $2.3M | −$257K |
GVMCX Assets Under Management
Net assets of Government Street Opportunities Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $93.62M |
| 2026-03-31 | $83.69M |
| 2025-12-31 | $80.14M |
| 2025-09-30 | $80.69M |
| 2025-06-30 | $80.89M |
| 2025-03-31 | $75.61M |
| 2024-12-31 | $76.17M |
| 2024-09-30 | $77.12M |
| 2024-06-30 | $73.18M |
| 2024-03-31 | $73.86M |
| 2023-12-31 | $66.05M |
| 2023-09-30 | $61.14M |
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.