Equity Index(GEQZX)

Net Asset Value

$55.58

Inception Date

8/27/2001

Year to Date

15.06%

Fees & Expenses
  • 0.39%Gross
  • 0.39%Net
Overall Morningstar Rating

Large Blend

Overall rating among 1289 funds in this category based upon risk-adjusted returns.

As of 5/31/2024

Investment Objective

Investment Objective
The Fund seeks to provide investment results approximating the aggregate price and dividend performance of securities included in the S&P 500® Index.

Investment Strategy

Investment Strategy
Under normal market conditions, the Fund will invest substantially all, and normally at least 80% of its total assets, in the equity securities of the companies that make up the S&P 500® Index, in weightings that approximate the relative composition of the securities contained in the S&P 500® Index. The Fund is passively managed, which means it tries to duplicate the investment composition and performance of the S&P 500® Index while using computer programs and statistical procedures. As a result, the sub-adviser does not use traditional methods of investment management for the Fund, such as selecting securities on the basis of economic, financial and market analysis. Rather, the sub-adviser buys and sells securities in response to changes in the S&P 500® Index.

Investment Suitability

Investment Suitability

This Fund may be suitable for investors who seek higher, long-term rates of return, can accept significant short-term fluctuations in account value and want to diversify their portfolio by adding a potentially higher return, higher risk option of stocks.

Economic, market, political and other conditions and events can cause the value of equity securities to fluctuate. This description of risks is provided as a summary of the principal investment risks associated with this mutual fund. Refer to the Fund’s prospectus for more detailed risk information.

Performance

Net Asset Value
(as of 06/21/2024)
Net Asset Value
$55.58
Inception Date
Inception Date
08/27/2001
FEES AND EXPENSES
(annualized)
Gross
0.39%
Net
0.39%
Daily Performance
(as of 06/21/2024)
One Month
2.78%
Three Month
4.57%
Year To Date
15.06%
One Year
26.82%
Three Year*
10.01%
Five Year*
14.43%
Ten Year*
12.44%
Since Inception*
8.64%
*Returns are annualized.
The performance data quoted represents past performance and does not guarantee future results.
Quarterly Performance
(as of 03/31/2024)
 
Fund
Benchmark
Three Month
10.26%
10.56%
YTD
10.26%
10.56%
One Year
29.41%
29.88%
Three Year*
10.78%
11.47%
Five Year*
14.52%
15.19%
Ten Year*
12.53%
13.04%
Since Inception*
8.52%
8.90%
The performance data quoted represents past performance and does not guarantee future results. Current performance may be lower or higher than the performance data quoted. Performance data current to the most recent month-end and complete calendar year performance may be obtained at GuideStoneFunds.com/Funds. Benchmark performance numbers are provided by Morningstar, Inc. and have not been verified by GuideStone Funds. The investment return of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Year 2001 annual performance began 08/27/2001. Returns exceeding 20% reflect unusual market conditions and may not be sustained at this level over the long term.
*Returns are annualized.
Annual Performance
(as of 03/31/2024)
 
Fund
Benchmark
2017
21.65%
21.83%
2018
-4.55%
-4.38%
2019
31.33%
31.49%
2020
17.89%
18.40%
2021
27.95%
28.71%
2022
-18.91%
-18.11%
2023
26.16%
26.29%
Benchmark: S&P 500® Index
The performance data quoted represents past performance and does not guarantee future results.
Morningstar Rating
(based upon risk-adjusted returns as of 05/31/2024)
Category
Large Blend
Overall (1289 funds rated)
Morningstar Overall Rating is 4 of 5 starsMorningstar Overall Rating is 4 of 5 starsMorningstar Overall Rating is 4 of 5 starsMorningstar Overall Rating is 4 of 5 starsMorningstar Overall Rating is 4 of 5 stars
Three-Year (1289 funds rated)
Morningstar Three-Year Rating is 3 of 5 starsMorningstar Three-Year Rating is 3 of 5 starsMorningstar Three-Year Rating is 3 of 5 starsMorningstar Three-Year Rating is 3 of 5 starsMorningstar Three-Year Rating is 3 of 5 stars
Five-Year (1189 funds rated)
Morningstar Five-Year Rating is 3 of 5 starsMorningstar Five-Year Rating is 3 of 5 starsMorningstar Five-Year Rating is 3 of 5 starsMorningstar Five-Year Rating is 3 of 5 starsMorningstar Five-Year Rating is 3 of 5 stars
Ten-Year (887 funds rated)
Morningstar Ten-Year Rating is 4 of 5 starsMorningstar Ten-Year Rating is 4 of 5 starsMorningstar Ten-Year Rating is 4 of 5 starsMorningstar Ten-Year Rating is 4 of 5 starsMorningstar Ten-Year Rating is 4 of 5 stars

Characteristics

Asset Allocation

(as of 03/31/2024)

 
Cash*
2%
 
U.S. Equities
98%
 
Total
100%
*Cash is maintained by the Fund for liquidity purposes and may be overlaid with equity and/or U.S. Treasury futures to provide capital market exposure.

 

Benchmark^
(as of 03/31/2024)
 
S&P 500® Index
100%
Sub-adviser Composite
(as of 03/31/2024)
 
Legal & General Investment Management America (passive)
100%
Top Ten Equity Holdings
(as of 03/31/2024)
 
Apple Inc
6.86%
 
Microsoft Corp
5.99%
 
Amazon.com Inc
2.55%
 
NVIDIA Corp
1.88%
 
Alphabet Inc Class A
1.73%
 
Berkshire Hathaway Inc Class B
1.58%
 
Alphabet Inc Class C
1.54%
 
Tesla Inc
1.54%
 
Meta Platforms Inc Class A
1.30%
 
Exxon Mobil Corp
1.28%
Equity Sector Holdings
(as of 03/31/2024)
 
Communication Services
9.10%
 
Consumer Discretionary
10.21%
 
Consumer Staples
7.16%
 
Energy
4.37%
 
Financial Services
11.31%
 
Health Care
14.01%
 
Industrials
7.70%
 
Materials
2.86%
 
Real Estate
2.81%
 
Information Technology
27.19%
 
Utilities
3.28%

Due to rounding, portfolio holdings data may not sum to 100%.

Portfolio Characteristics
(as of 03/31/2024)
Price to Earnings Ratio
25.30x
Price to Book Ratio
4.40x
Weighted Avg Market Cap
$269,141
*$ in millions

Risk/Return Characteristics

(as of 03/31/2024)

Standard Deviation
17.64%
R-Squared
99.97%
Beta vs. Benchmark
1.00
Beta vs. S&P 500 Index
1.00
Calculated over previous 3 years
Fund Size ($ in millions)
(as of 03/31/2024)
Total fund net assets for all share classes
$4,179
Number of holdings
487

Prices and Distributions

Historical Prices & Distributions

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The table below lists NAVs, dividends, long-term capital gains and short-term capital gains for the time period selected.

Date Value Description

Prospectus & Reports

GuideStone Funds shares are distributed by Foreside Funds Distributors LLC, not an adviser affiliate. Foreside is not a registered investment adviser and does not provide investment advice.

Asset allocation subject to change at any time. Pie chart is a representation and actual exposures may differ. The size denotes the relative weighting in the Fund. 

Sub-Adviser Composites are subject to change at any time. The percentages shown reflect the target allocations of the Funds. Actual Sub-Adviser weights may differ at any time.

^The S&P 500® Index is a market capitalization-weighted equity index composed of approximately 500 U.S. companies representing all major industries. The index is designed to measure performance of the broad domestic economy through changes in the aggregate market value of its constituents. “Standard & Poor’s®”, “S&P®”, “S&P 500®”, “Standard & Poor’s 500” and “500” are trademarks of The McGraw-Hill Companies, Inc. and have been licensed for use by GuideStone Funds. The Product is not sponsored, endorsed, sold or promoted by Standard & Poor’s, and Standard & Poor’s makes no representation regarding the advisability of investing in the Product. Index used with permission. It is not possible to invest directly in an index.

Price-to-Earnings Ratio — A ratio used to compare the price of a fund’s stocks with their per-share earnings.

Price-to-Book Ratio — A ratio used to compare the book value of a fund’s stocks with their market value.

Weighted Average Market Cap — An index of stocks in which companies that have a greater overall market capitalization are more strongly represented than companies with smaller market capitalizations.

Standard Deviation — Depicts how widely returns varied over a certain period of time. A high standard deviation implies greater volatility and greater risk.

R-squared — Shows the percentage of a fund's performance that is explained by movements in the benchmark index. An R-squared of 100% indicates that all movements of a fund can be explained by movements in the benchmark.

Beta vs. Benchmark — Beta is a measure of a fund's sensitivity to market movements as defined by a fund’s benchmark. A fund with a higher beta relative to the benchmark is more volatile than the benchmark.

Beta vs. S&P 500® Index — Beta is a measure of a fund’s sensitivity to market movements as defined by the S&P 500® Index. A fund with a higher beta relative to the S&P 500® Index is more volatile than the S&P 500® Index.

Net Asset Value — The Net Asset Value (NAV) is calculated by taking the closing market value of all the investments owned by a fund, plus all other assets such as cash, subtracting all liabilities, then dividing the result (total net assets) by the total number of shares outstanding.

Record Date — The distribution that an investor receives is calculated based on the number of shares that an investor owns on Record Date, typically using the share balance in an investor's account at the close of that day’s business.

Pay/Reinvest Date — The date on which distributions are posted to accounts for reinvestment or paid to shareholders who take distributions in cash.

Dividends — Dividends are income distributions to shareholders out of income from a fund’s investments.

Short-term Capital Gains — Distributions to shareholders derived from the profit of the sale of stocks or bonds held within a fund for a period of one year or less.

Long-term Capital Gains — Distributions to shareholders derived from the profit of the sale of stocks or bonds held within a fund for a period of more than one year.