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Gotham Absolute Return Institutional (GARIX) Fund Ranking and Research

Ranking, Research and Recommendation of Gotham Absolute Return Institutional (GARIX) Fund

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Graph of Gotham Absolute Return Institutional Fund (GARIX) ManagerFund Manager - Joel Greenblatt

Fund Manager Information

Fund Manager Tenure: 6.7 years
Fund Family: Gotham
Fund Category: Long-Short Equity
Fund Performance: May 30, 2016
Fundmojo Fund Grade: C (Score: 0.52)     (What does this score mean?)
Mr. Greenblatt serves as Managing Principal and Co-Chief Investment Officer of Gotham Asset Management, the successor to Gotham Capital, an investment firm he founded in 1985. Since 1996, he has been a professor on the adjunct faculty of Columbia Business School where he teaches "Value and Special Situation Investing." Mr. Greenblatt serves on the Investment Board for the University of Pennsylvania, and is a director of Pzena Investment Management, Inc., a global investment management firm. Mr. Greenblatt is the author of You Can Be A Stock Market Genius (Simon & Schuster, 1997), The Little Book that Beats the Market (Wiley, 2005), The Little Book that Still Beats the Market (Wiley, 2010), and The Big Secret for the Small Investor (Random House, 2011). He was the Chairman of the Board (1994-1995) and a board member (1994-2000) of Alliant Techsystems, a NYSE-listed aerospace and defense contractor. He holds a BS (1979), summa cum laude, and an MBA (1980) from the Wharton School of the University of Pennsylvania.  Get more insights on Joel Greenblatt

 

Graph of Gotham Absolute Return Institutional Fund (GARIX) ProfileGotham Absolute Return Institutional Fund (GARIX) Profile

Fund Profile and Description

Gotham Absolute Return Institutional Fund seeks current income and long term capital appreciation. Gotham Absolute Return Institutional Fund normally invests at least 80% of assets in securities of African Issuers. It normally invests at least 80% of in equity or equity related securities (including, but not limited to, warrants, exchange traded funds or equity index futures) of African Issuers. Gotham Absolute Return Institutional Fund may invest in fixed income securities including, but not limited to, (i) government and corporate bonds, (ii) exchange traded funds, and (iii) fixed income index futures of any maturity and any quality including those that are rated below investment grade, such as “junk bonds”. It is non-diversified.

 

Gotham Absolute Return Institutional (GARIX) Fund Strength What we like about Gotham Absolute Return Institutional (GARIX) Fund

Data for Gotham Absolute Return Institutional Fund (GARIX) as of May 30, 2016

  • Gotham Absolute Return Institutional Fund (GARIX) management has been with Gotham Absolute Return Institutional Fund for 6.7 years
  • Gotham Absolute Return Institutional Fund (GARIX) has good mid-term performance (3-year return 4.50% vs 2.72% Long-Short Equity category median performance)
  • Gotham Absolute Return Institutional Fund (GARIX) has a Morningstar rating of 4 and above
  • Gotham Absolute Return Institutional Fund (GARIX) is less volatile than its peers as it has a 3-year Standard Deviation of 8.58, lower than category average of 8.81
  • Gotham Absolute Return Institutional Fund (GARIX) is a true no-load fund as it has no load and no 12b1 promotion, distributions, marketing expenses

Gotham Absolute Return Institutional Fund (GARIX) Weakness What we are cautious about Gotham Absolute Return Institutional (GARIX) Fund

Data for Gotham Absolute Return Institutional Fund (GARIX) as of May 30, 2016

  • Gotham Absolute Return Institutional Fund (GARIX) has a less-than-ideal short-term performance (1-year return -6.24% vs -3.77% Long-Short Equity category median performance)
  • Gotham Absolute Return Institutional Fund (GARIX) ratio of up-years vs down years can be improved
  • Gotham Absolute Return Institutional Fund (GARIX) is less safe compared to its Long-Short Equity peers
  • Gotham Absolute Return Institutional Fund (GARIX) has a higher expense ratio of 2.15% than its Long-Short Equity average of 1.90%
See Gotham Absolute Return Institutional Fund (GARIX) performance details as of May 30, 2016

 

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Compare Gotham Absolute Return Institutional Fund (GARIX)Compare with other top Long-Short Equity category mutual funds

Aadditional top Long-Short Equity mutual funds for your consideration

FundYear to Date1 Year3 year5 year
Gotham Absolute Return Institutional1.30-6.244.500
Boston Partners Long/Short Equity Instl (BPLSX)11.4912.095.377.58Compare
Burnham Financial Long/Short A (BURFX)-4.536.8212.4710.68Compare
Diamond Hill Long-Short A (DIAMX)2.27-1.425.517.22Compare

See top fund managers for Long-Short Equity Category Funds

 

Graph of Gotham Absolute Return Institutional Fund (GARIX) Net Asset TrackingGotham Absolute Return Institutional (GARIX) Fund Net Asset

Track net asset change of Gotham Absolute Return Institutional fund (GARIX)

DateNet Asset
05/2016$1.59B
03/2016$1.75B
02/2016$1.74B
More historic net asset information on Gotham Absolute Return Institutional Fund (GARIX)

  

Graph of Gotham Absolute Return Institutional Fund (GARIX) Portfolio TrackingGotham Absolute Return Institutional (GARIX) Fund Portfolio Allocation

Track portfolio allocation change of Gotham Absolute Return Institutional fund (GARIX)

DateCashStockBondOther
03/201624.92%75.08%0%0%
12/201524.87%75.13%0%0%
09/201524.79%74.84%0%0.37%
Click here to see more historic asset allocation information on Gotham Absolute Return Institutional Fund (GARIX)

 

graph of Gotham Absolute Return Institutional Fund (GARIX) Top 10 Position TrackingTop 10 Holdings in Gotham Absolute Return Institutional (GARIX) Fund

Discover what Gotham Absolute Return Institutional Fund (GARIX) manager is buying

Mar 30, 2016
Keurig Green Mountain, Inc. [1.45%]
Electronic Arts Inc. [1.39%]
Gilead Sciences, Inc. [1.28%]
Lam Research Corporation [1.25%]
Tyson Foods, Inc. Common Stock [1.23%]
Ingram Micro Inc. Common Stock [1.13%]
Hawaiian Holdings, Inc. [1.07%]
Horizon Pharma plc [1.06%]
Sanderson Farms, Inc. [1.06%]
D.R. Horton, Inc. Common Stock [1.04%]

Dec 30, 2015
Keurig Green Mountain, Inc. [1.45%]
Electronic Arts Inc. [1.39%]
Gilead Sciences, Inc. [1.28%]
Lam Research Corporation [1.25%]
Tyson Foods, Inc. Common Stock [1.23%]
Ingram Micro Inc. Common Stock [1.13%]
Hawaiian Holdings, Inc. [1.07%]
Horizon Pharma plc [1.06%]
Sanderson Farms, Inc. [1.06%]
D.R. Horton, Inc. Common Stock [1.04%]

Sep 29, 2015
Gilead Sciences, Inc. [1.21%]
Electronic Arts Inc. [1.1%]
Spirit Aerosystems Holdings, In [1.05%]
Sanderson Farms, Inc. [1.03%]
Lannett Co Inc Common Stock [1.01%]
Dean Foods Company Common Stock [0.99%]
Computer Sciences Corporation C [0.95%]
Delta Air Lines, Inc. Common St [0.91%]
Big Lots, Inc. Common Stock [0.9%]
Click here for Stock Holding Change Map in Gotham Absolute Return Institutional Fund (GARIX)

  

Latest News on Gotham Absolute Return Institutional (GARIX) Fund

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