| GMLPX | |
|---|---|
| Total return | -31.89% |
| Annualised (CAGR) | -3.77% |
| Volatility (annualised) | +36.03% |
| Sharpe (rf = 0) | -0.10 |
| Deepest drawdown | -70.46% |
| Drawdown peak → trough | 2017-02-15 → 2020-03-18 |
| Dividend yield (12m distributions) | 6.22% (as of 2026-10-02) |
Over the 10.0 years to 2026-10-02 the fund returned -31.89% in total (-3.77% a year), with a deepest drawdown of -70.46% from 2017-02-15 to 2020-03-18. Its worst calendar year was 2020 (-26.17%), its best 2019 (+7.33%).
| Year | GMLPX |
|---|---|
| 2020 | -26.17% |
| 2019 | +7.33% |
| 2018 | -14.63% |
| 2017 | -5.02% |
| 2016 | +5.99% |
-31.89% in total, which works out to -3.77% a year over the 10 years to 2026-10-02. Both figures assume dividends were reinvested and the fund's own fees were already deducted, so they are what an investor would have kept — before tax.
2020 — its calendar-year return was -26.17% (net of fees, dividends reinvested). Its best year was 2019 (+7.33%).
-70.46%, from a peak on 2017-02-15 to a trough on 2020-03-18. As of 2026-10-02 it had not climbed back to that earlier peak.
Over the last 12 months it distributed 6.22% of its share price (as of 2026-10-02). That is a past distribution, not a promise of future income, and it is already counted in every return figure on this page.
It does not say GMLPX is a good or bad fund, and it is not a forecast. Returns above are history: they already include dividends and already exclude the fund's own fees. A drawdown of -70.46% means an investor who bought at the peak would have watched that much value disappear before it recovered — how long that takes is the part most tables leave out.