Dividend Investing Ideas Center
Critical Facts You Need to Know About Preferred Stocks
Have you ever wished for the safety of bonds, but the return potential...
Goldman Sachs Commodity Strategy Fund
mutual fund
GCCIX
Dividend policy
Suspended
Price as of:
$8.32
+0.02
+0%
primary theme
Commodity
GCCIX (Mutual Fund)
Goldman Sachs Commodity Strategy Fund
Dividend policy
Suspended
Price as of:
$8.32
+0.02
+0%
primary theme
Commodity
GCCIX - Snapshot
Vitals
- YTD Return 5.6%
- 3 Yr Annualized Return -8.5%
- 5 Yr Annualized Return -2.2%
- Net Assets $233 M
- Holdings in Top 10 N/A
52 WEEK LOW AND HIGH
$8.30
$5.01
$9.44
Expenses
OPERATING RELATED FEES
- Expense Ratio 0.74%
SALES FEES
- Front Load N/A
- Deferred Load N/A
BROKERAGE FEES
- Turnover 52.00%
TRADING FEES
- Max Redemption Fee N/A
Min Investment
- Standard (Taxable) $1,000,000
- IRA N/A
Fund Classification
- Primary Theme Commodity
- Fund Type Open End Mutual Fund
- Investment Style Commodities Broad Basket
Overview
Next Dividend
Income Profile
Income Risk
Returns Profile
Allocations
Expenses
About
Dividend.com Ratings*
$6.13
+0.33%
$3.32 B
1.51%
$0.09
blocked
blocked
blocked
3.72%
-
$5.22
+0.19%
$2.46 B
0.73%
$0.04
blocked
blocked
blocked
5.67%
-
$9.53
+0.21%
$1.67 B
1.49%
$0.14
blocked
blocked
blocked
3.14%
-
$23.23
0.00%
$121.29 M
10.28%
$2.35
blocked
blocked
blocked
-1.94%
-
Overview
Next Dividend
Income Profile
Income Risk
Returns Profile
Allocations
Expenses
About
Dividend.com Ratings*
$9.54
+1.49%
$75.61 M
14.47%
$1.36
blocked
blocked
blocked
-1.75%
-
$27.65
+0.17%
$56.60 M
3.01%
$0.83
blocked
blocked
blocked
1.54%
-
$4.85
+0.62%
$50.70 M
65.73%
$3.18
blocked
blocked
blocked
3.21%
-
$6.46
+1.81%
$50.36 M
26.28%
$1.67
blocked
blocked
blocked
-1.22%
-
GCCIX - Profile
Distributions
- YTD Total Return 5.6%
- 3 Yr Annualized Total Return -8.5%
- 5 Yr Annualized Total Return -2.2%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.81%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameGoldman Sachs Commodity Strategy Fund
-
Fund Family NameGoldman Sachs
-
Inception DateMar 30, 2007
-
Shares OutstandingN/A
-
Share ClassInst
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerSamuel Finkelstein
Fund Description
The fund seeks to maintain substantial economic exposure to the performance of the commodities markets. It primarily gains exposure to the commodities markets by investing in a wholly-owned subsidiary of the fund organized as a company under the laws of the Cayman Islands, Cayman Commodity - CSF, Ltd. (the "CSF Subsidiary").
GCCIX - Performance
Return Ranking - Trailing
| Period | GCCIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 5.6% | -11.9% | 75.3% | 17.26% |
| 1 Yr | -23.0% | -88.7% | 46.3% | 86.90% |
| 3 Yr | -8.5%* | -47.9% | 62.8% | 87.03% |
| 5 Yr | -2.2%* | -39.9% | 33.6% | 82.56% |
| 10 Yr | -8.6%* | -29.8% | 10.8% | 81.45% |
* Annualized
Return Ranking - Calendar
| Period | GCCIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2020 | -23.3% | -87.8% | 612.3% | 87.05% |
| 2019 | 5.4% | -88.2% | 53.9% | 60.36% |
| 2018 | -16.0% | -42.9% | 323.8% | 64.74% |
| 2017 | -1.6% | -37.6% | 55.7% | 75.16% |
| 2016 | 11.4% | -34.9% | 49.2% | 42.58% |
Total Return Ranking - Trailing
| Period | GCCIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 5.6% | -11.9% | 75.3% | 15.49% |
| 1 Yr | -23.0% | -88.7% | 46.3% | 86.90% |
| 3 Yr | -8.5%* | -47.9% | 62.8% | 87.03% |
| 5 Yr | -2.2%* | -39.9% | 33.6% | 82.56% |
| 10 Yr | -8.6%* | -29.8% | 10.8% | 81.45% |
* Annualized
Total Return Ranking - Calendar
| Period | GCCIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2020 | -23.3% | -87.8% | 295.5% | 85.71% |
| 2019 | 5.4% | -88.2% | 53.9% | 61.71% |
| 2018 | -15.6% | -42.9% | 208.1% | 67.63% |
| 2017 | 4.3% | -37.6% | 55.7% | 42.86% |
| 2016 | 12.4% | -34.9% | 49.2% | 40.00% |
NAV & Total Return History
GCCIX - Holdings
Concentration Analysis
| GCCIX | Category Low | Category High | GCCIX % Rank | |
|---|---|---|---|---|
| Net Assets | 233 M | 172 K | 71.2 B | 41.63% |
| Number of Holdings | 145 | 1 | 691 | 27.39% |
| Net Assets in Top 10 | 160 M | 577 K | 71.2 B | 56.69% |
| Weighting of Top 10 | N/A | 12.1% | 100.0% | 45.24% |
Top 10 Holdings
- Goldman Sachs FS Government Instl 63.37%
- Gs Cayman Blocker 19.80%
- Gs Cayman Blocker 19.80%
- Gs Cayman Blocker 19.80%
- Gs Cayman Blocker 19.80%
- Gs Cayman Blocker 19.80%
- Gs Cayman Blocker 19.80%
- Gs Cayman Blocker 19.80%
- Gs Cayman Blocker 19.80%
- Gs Cayman Blocker 19.80%
Asset Allocation
| Weighting | Return Low | Return High | GCCIX % Rank | |
|---|---|---|---|---|
| Cash | 82.57% | -77.83% | 100.00% | 11.46% |
| Other | 19.55% | 0.00% | 117.30% | 71.97% |
| Stocks | 0.00% | 0.00% | 49.44% | 33.12% |
| Preferred Stocks | 0.00% | 0.00% | 0.00% | 26.11% |
| Convertible Bonds | 0.00% | 0.00% | 4.21% | 47.77% |
| Bonds | -2.12% | -2.12% | 97.02% | 99.36% |
GCCIX - Expenses
Operational Fees
| GCCIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.74% | 0.01% | 17.60% | 83.52% |
| Management Fee | 0.50% | 0.00% | 1.75% | 28.33% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.04% | 0.45% | N/A |
Sales Fees
| GCCIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 2.50% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
| GCCIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| GCCIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 52.00% | 0.00% | 286.01% | 62.91% |
GCCIX - Distributions
Dividend Yield Analysis
| GCCIX | Category Low | Category High | GCCIX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 15.97% | 34.48% |
Dividend Distribution Analysis
| GCCIX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Monthly | Annually | Quarterly | Annually |
Net Income Ratio Analysis
| GCCIX | Category Low | Category High | GCCIX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.81% | -25.58% | 36.51% | 49.34% |
Capital Gain Distribution Analysis
| GCCIX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Daily | Annually |
Dividend Payout History
| Date | Amount |
|---|---|
| Dec 31, 2018 | $0.087 |
| Jun 29, 2018 | $0.056 |
| Dec 29, 2017 | $0.643 |
| Jun 30, 2017 | $0.040 |
| Dec 30, 2016 | $0.053 |
| Jun 30, 2016 | $0.046 |
| Dec 31, 2015 | $0.033 |
| Jun 30, 2015 | $0.022 |
| Dec 31, 2014 | $0.008 |
| Jun 30, 2014 | $0.009 |
| Dec 31, 2012 | $0.019 |
| Mar 30, 2012 | $0.182 |
| Dec 30, 2011 | $0.202 |
| Sep 30, 2011 | $0.003 |
| Mar 31, 2011 | $0.332 |
| Dec 31, 2010 | $1.991 |
| Jun 30, 2010 | $0.008 |
| Mar 31, 2010 | $0.685 |
| Dec 31, 2009 | $0.492 |
| Sep 30, 2009 | $0.020 |
| Jun 30, 2009 | $0.030 |
| Mar 31, 2009 | $0.092 |
| Dec 31, 2008 | $0.205 |
| Sep 30, 2008 | $0.264 |
| Jun 30, 2008 | $0.264 |
| Mar 31, 2008 | $0.261 |
| Dec 14, 2007 | $0.290 |
| Sep 28, 2007 | $0.283 |
| Jun 29, 2007 | $0.269 |
GCCIX - Fund Manager Analysis
Managers
Samuel Finkelstein
Start Date
Tenure
Tenure Rank
Jan 13, 2010
10.97
11.0%
Samuel Finkelstein is head of Currency, Commodities and Emerging Market Debt strategy teams within the Global Fixed Income team in GSAM. He is also a member of the Fixed Income Strategy Group. Mr. Finkelstein joined Goldman Sachs in 1997 as an analyst in Fixed Income Asset Management. He worked on the Fixed Income portfolio risk and strategy team for two years and then became an emerging market portfolio manager. Mr. Finkelstein was named managing director in 2005 and partner in 2010. Prior to joining the firm, he worked as a foreign exchange trader at Union Bank of Switzerland. Mr. Finkelstein earned an MBA from the Stern School of Business at New York University and a BA in Economics and Mathematics from Yale University in 1996.
Peter Stone
Start Date
Tenure
Tenure Rank
Mar 31, 2020
0.75
0.8%
Mr. Stone is the Head of the North American Government Swaps Strategy within GSAM. He is also a member of the Duration Strategy team. Mr. Stone joined GSAM in 2007.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.03 | 16.13 | 6.57 | 10.09 |
