Value Equity(GVEZX)

Net Asset Value

$19.07

Inception Date

8/27/2001

Year to Date

7.30%

Fees & Expenses
  • 0.93%Gross
  • 0.93%Net
Overall Morningstar Rating

Large Value

Overall rating among 1102 funds in this category based upon risk-adjusted returns.

As of 5/31/2024

Investment Objective

Investment Objective
The Fund seeks to provide long-term capital appreciation.

Investment Strategy

Investment Strategy
The Fund is actively managed and invests in a diversified portfolio of large and medium-sized U.S. companies whose equity securities are considered by the Fund’s sub-advisers to be value-oriented stocks.

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 value stocks. This Fund is subject to value investing risk. This involves the risk that an investment in companies whose securities are believed to be undervalued, relative to their underlying profitability, will not appreciate.

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
$19.07
Inception Date
Inception Date
08/27/2001
FEES AND EXPENSES
(annualized)
Gross
0.93%
Net
0.93%
Daily Performance
(as of 06/21/2024)
One Month
-1.28%
Three Month
-0.31%
Year To Date
7.30%
One Year
15.59%
Three Year*
6.31%
Five Year*
9.46%
Ten Year*
7.76%
Since Inception*
7.12%
*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
8.86%
8.99%
YTD
8.86%
8.99%
One Year
20.42%
20.27%
Three Year*
8.09%
7.86%
Five Year*
10.66%
10.41%
Ten Year*
8.41%
9.10%
Since Inception*
7.26%
7.74%
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
15.24%
13.66%
2018
-11.19%
-8.27%
2019
26.80%
26.54%
2020
3.89%
2.80%
2021
24.27%
25.16%
2022
-6.16%
-7.54%
2023
10.55%
11.46%
Benchmark: Russell 1000® Value 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 Value
Overall (1102 funds rated)
Morningstar Overall Rating is 3 of 5 starsMorningstar Overall Rating is 3 of 5 starsMorningstar Overall Rating is 3 of 5 starsMorningstar Overall Rating is 3 of 5 starsMorningstar Overall Rating is 3 of 5 stars
Three-Year (1102 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 (1039 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 (808 funds rated)
Morningstar Ten-Year Rating is 2 of 5 starsMorningstar Ten-Year Rating is 2 of 5 starsMorningstar Ten-Year Rating is 2 of 5 starsMorningstar Ten-Year Rating is 2 of 5 starsMorningstar Ten-Year Rating is 2 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)
 
Russell 1000® Value Index
100%
Sub-adviser Composite
(as of 03/31/2024)
 
Barrow, Hanley, Mewhinney & Strauss
35%
 
The London Company of Virginia
15%
 
TCW Investment Management Company
25%
 
American Century Investment Management
25%

GuideStone Capital Management, LLC (the “Adviser”), the adviser to the Fund, may invest directly in securities on behalf of the Fund. The Adviser also maintains a sub-advisory agreement with Parametric Portfolio Associates LLC ("Parametric") under which Parametric will provide completion portfolios within the Fund, as instructed by the Adviser. The Adviser’s direct investments and Parametric’s “completion portfolios” are used to assist in preserving the desired risk exposures for the Fund in furtherance of its investment objective. Direct investments and completion portfolios that are short-term in nature are not included in the target allocations of the Fund to sub-advisers listed above.

Top Ten Equity Holdings
(as of 03/31/2024)
 
Medtronic PLC
2.80%
 
Berkshire Hathaway Inc Class B
2.70%
 
Comcast Corp Class A
2.17%
 
Air Products & Chemicals Inc
1.82%
 
Exxon Mobil Corp
1.79%
 
Broadcom Inc
1.62%
 
Fidelity National Information Services Inc
1.58%
 
Allstate Corp
1.51%
 
Zimmer Biomet Holdings Inc
1.43%
 
JPMorgan Chase & Co
1.35%
Equity Sector Holdings
(as of 03/31/2024)
 
Communication Services
7.13%
 
Consumer Discretionary
7.90%
 
Consumer Staples
7.96%
 
Energy
8.03%
 
Financial Services
19.67%
 
Health Care
15.21%
 
Industrials
9.92%
 
Materials
5.69%
 
Real Estate
1.93%
 
Information Technology
12.01%
 
Utilities
4.56%

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

Portfolio Characteristics
(as of 03/31/2024)
Price to Earnings Ratio
19.41x
Price to Book Ratio
2.75x
Weighted Avg Market Cap
$71,747
*$ in millions

Risk/Return Characteristics

(as of 03/31/2024)

Standard Deviation
15.62%
R-Squared
99.13%
Beta vs. Benchmark
0.95
Beta vs. S&P 500 Index
0.81
Sharpe Ratio
0.39
Information Ratio
-0.01
Calculated over previous 3 years
Fund Size ($ in millions)
(as of 03/31/2024)
Total fund net assets for all share classes
$1,070
Number of holdings
135

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 Russell 1000® Value Index is a large-cap index consisting of those Russell 1000® Index securities with a less-than-average growth orientation. Companies in this index tend to exhibit lower price-to-book and price-to-earnings ratios, higher dividend yields and lower forecasted growth values than the growth universe. Frank Russell Company (“Russell”) is the source and owner of the trademarks, service marks and copyrights related to the Russell Indexes. Russell® is a trademark of Frank Russell Company. Neither Russell nor its licensors accept any liability for any errors or omissions in the Russell Indexes and/or Russell ratings and/or underlying data and no party may rely on any Russell Indexes and/or Russell ratings and/or underlying data contained in this communication. No further distribution of Russell Data is permitted without Russell’s express written consent. Russell does not promote, sponsor or endorse the content of this communication. 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.

Sharpe Ratio — A risk-adjusted measure that measures reward per unit of risk. The higher the Sharpe ratio, the better a fund's historical risk-adjusted performance.

Information Ratio — Measures how much a fund outperformed the benchmark per unit of additional risk taken.

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.