Fund Evaluator:
GuideStone Funds Global Rl Est Secs Inv (GREZX)
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Best Performing in Global Real Estate Over the Last Year
| 20.0% | PGIM Global Real Estate Z (PURZX) |
| 19.1% | PGIM Select Real Estate Z (SREZX) |
| 19.0% | American Century Global Real Estate Y (ARYYX) |
| 18.6% | American Century Global Real Estate Inv (ARYVX) |
| 18.3% | iShares Developed Real Estate Idx Inv A (BARDX) |
Fund Details
GuideStone Funds Global Rl Est Secs Inv Overview
GuideStone Funds Global Rl Est Secs Inv (GREZX) is an actively managed Sector Equity Global Real Estate fund. GuideStone Funds launched the fund in 2006.
The investment seeks to provide long-term capital appreciation and current income. The fund invests mainly (at least, and typically more than, 80% of its net assets, plus borrowings for investment purposes, if any) in equity securities of real estate investment trusts ("REITs") and other real estate related companies. The adviser defines a real estate related company as one that derives at least 50% of its revenue from, or has at least 50% of the value of its assets in, real estate, including the ownership, construction, management or sale of real estate.
About GuideStone Funds Global Rl Est Secs Inv (GREZX)
There are 10 members of the management team with an average tenure of 7.68 years: Chris Robinson (2013), Jeffrey Yurk (2020), David Zonavetch (2013), Jacques Perdrix (2017), Charles Harbin (2020), Brandon Pizzurro (2019), Barry McConnell (2021), Damon Wang (2021), Joshua Chastant (2024), Robert Thomas (2017). Management tenure is more important for actively managed funds than passive index funds.
The fund has 2 primary benchmarks: MSCI ACWI NR USD index with a weighting of 100% and FTSE EPRA Nareit Developed TR USD index with a weighting of 100%. GuideStone Funds Global Rl Est Secs Inv has 220 securities in its portfolio. The top 10 holdings constitute 37.9% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is not considered to have an ESG focus with its investment selection and management.
GuideStone Funds Global Rl Est Secs Inv is part of the Equity global asset class and is within the Sector Equity fund group. GuideStone Funds Global Rl Est Secs Inv has 33.1% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 65.0%. There is 33.1% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). GuideStone Funds Global Rl Est Secs Inv has 1.7% of the portfolio in cash.
Assets Under Management
The fund has $102 million in total assets, which is below the $209 million average for the Global Real Estate category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
GREZX Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The GuideStone Funds Global Rl Est Secs Inv expense ratio is high compared to funds in the Global Real Estate category. GuideStone Funds Global Rl Est Secs Inv has an expense ratio of 1.20%, which is 4% higher than its category average, making the fund expense ratio grade a D. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. GuideStone Funds Global Rl Est Secs Inv has a portfolio turnover rate of 139%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 71% for the Global Real Estate category.
Recently, in the month of July 2026, GuideStone Funds Global Rl Est Secs Inv returned 2.4%, which earned it a grade of D, as the Global Real Estate category had an average return of 2.5%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.
GuideStone Funds Global Rl Est Secs Inv has a trailing yield of 3.07%, which is above the 2.74% category average. The fund normally distributes its income semi-annually and its capital gains semi-annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
GuideStone Funds Global Rl Est Secs Inv Grades
Year to date, the fund has returned 13.4%, 2.4 percentage points better than the category, which translates into a grade of B. The fund has returned 18.5% over the past year (grade of B), 9.8% over the past three years (grade of B) and 2.1% per year over the past five years (grade of B) and 4.4% per year over the past 10 years (grade of C).
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GREZX Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| GREZX Return (NAV) | 2.4% | 3.0% | 18.5% | 9.8% | 2.1% | 4.4% |
| GREZX Grade | D | B | B | B | B | C |
| +/- Category | -0.1% | 0.9% | 3.0% | 1.4% | 1.2% | 0.3% |
| Global Real Estate Avg | 2.5% | 2.1% | 15.4% | 8.5% | 0.9% | 4.1% |
| GREZX Tax Cost Ratio | na | na | 1.3% | 1.2% | 1.4% | 1.7% |
GREZX Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| GREZX Return (NAV) | 13.4% | 8.5% | 2.9% | 11.1% | -25.9% | 29.6% | -4.8% | 24.4% | -4.9% | 10.7% | 3.8% |
| GREZX Grade | B | C | B | C | C | B | D | C | C | D | B |
| +/- Category | 2.4% | -0.8% | 2.2% | 0.7% | -0.0% | 5.0% | -3.1% | -1.0% | 0.9% | -3.2% | 0.7% |
| Global Real Estate Avg | 11.0% | 9.4% | 0.6% | 10.4% | -25.9% | 24.6% | -1.7% | 25.5% | -5.8% | 13.9% | 3.1% |
| Risk Measures | |
| Standard Deviation: | 15.5% |
| Total Risk Index: | 1.26 - Above Average |
| Category Risk Index: | 0.96 - Low |
| Category Risk Grade: | A (14% Rank) |
| Beta: | 0.94 |
| R-Squared: | 59% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | Mid-Cap Blend |
| Bond Investment Style: | na |
| Yield: | 3.1% |
| Dividend Distribution: | Semi-Annually |
| Cap Gains Distribution: | Semi-Annually |
| Total Assets: | $355 Mil |
| Fund Total Assets: | $ 102 Mil |
| Share Class Type: | Other |
| Portfolio Turnover: | 139% |
Management Team
| Number of Managers: 10 | |||
| Longest Tenure: 12.9 years | |||
| Average Tenure: 7.7 years | |||
| Managers (Year): Zonavetch David (2013), Robinson Chris (2013), Thomas Robert (2017), Perdrix Jacques (2017), Pizzurro Brandon (2019), Harbin Charles (2020), Yurk Jeffrey (2020), Wang Damon (2021), McConnell Barry (2021), Chastant Joshua (2024) | |||
Portfolio Composition (as of 6/30/26)
| # of Holdings: | 220 |
| % in Top 10 Holdings: | 37.9% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 33.1% |
Portfolio Allocation |
|
| Domestic Stock: | 65.0% |
| Foreign Stock: | 33.1% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.2% |
| Cash: | 1.7% |
Purchase Information
| Fund Family: | GuideStone Funds |
| Phone Number: | 888-473-8637 |
| Website: | www.guidestonefunds.org |
| Status: | Open |
| Inception Date: | December 29, 2006 |
| Min. Initial Purchase: | $1,000 |
| Min. Initial IRA Purchase: | $1,000 |
| True No-Load: | Yes |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | na |
Expenses and Fees | |
| Expense Ratio (%): | 1.20% ( Rating : High ) |
| Category Average Expense Ratio (%): | 1.15% |
| Share Class: | GuideStone Funds Global Rl Est Secs Inv |
| Min. Subsequent Purchase: | $ 100 |
| Min. Subsequent IRA Purchase: | $ 100 |
