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Goldman Sachs Concentrated Growth Fund
mutual fund
GCGUX
Payout Change
Pending
Price as of:
$18.4
+0.19
+1.04%
primary theme
U.S. Large-Cap Growth Equity
share class
GCGUX (Mutual Fund)
Goldman Sachs Concentrated Growth Fund
Payout Change
Pending
Price as of:
$18.4
+0.19
+1.04%
primary theme
U.S. Large-Cap Growth Equity
share class
GCGUX (Mutual Fund)
Goldman Sachs Concentrated Growth Fund
Payout Change
Pending
Price as of:
$18.4
+0.19
+1.04%
primary theme
U.S. Large-Cap Growth Equity
share class
Name
As of 04/26/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
7.7%
1 yr return
30.6%
3 Yr Avg Return
6.3%
5 Yr Avg Return
14.5%
Net Assets
$185 M
Holdings in Top 10
52.5%
52 WEEK LOW AND HIGH
$18.2
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.00%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 37.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$5,000,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/26/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
GCGUX - Profile
Distributions
- YTD Total Return 7.7%
- 3 Yr Annualized Total Return 6.3%
- 5 Yr Annualized Total Return 14.5%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.30%
- Dividend Yield 0.1%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameGoldman Sachs Concentrated Growth Fund
-
Fund Family NameGoldman Sachs Fund Complex
-
Inception DateJul 31, 2015
-
Shares OutstandingN/A
-
Share ClassR6
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerSteven Barry
Fund Description
The Fund invests, under normal circumstances, at least 90% of its total assets measured at the time of purchase (“Total Assets”) in equity investments selected for their potential to achieve capital appreciation over the long term. The Fund may invest in securities of companies of any capitalization. Although the Fund invests primarily in publicly traded U.S. securities, it may invest up to 25% of its Total Assets in foreign securities, including securities of issuers in countries with emerging markets or economies (“emerging countries”) and securities quoted in foreign currencies.The Fund seeks to achieve its investment objective by investing, under normal circumstances, in approximately 30-40 companies that are considered by the Investment Adviser to be positioned for long-term growth. The Fund’s fundamental equity growth investment process involves evaluating potential investments based on specific characteristics believed to indicate a high-quality business with sustainable growth, including strong business franchises, favorable long-term prospects, and excellent management. The Investment Adviser will also consider valuation of companies when determining whether to buy and/or sell securities. The Investment Adviser may integrate environmental, social and governance (“ESG”) factors alongside traditional fundamental factors as part of its fundamental research process. No one factor or consideration is determinative in the stock selection process. The Investment Adviser may decide to sell a position for various reasons, including when a company’s fundamental outlook deteriorates, because of valuation and price considerations, for risk management purposes or when a company is deemed to be misallocating capital. In addition, the Investment Adviser may sell a position in order to meet shareholder redemptions.The Fund may invest up to 10% of its Total Assets in fixed income securities, such as government, corporate and bank debt obligations.The Fund’s benchmark index is the Russell 1000®Growth Index.
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GCGUX - Performance
Return Ranking - Trailing
| Period | GCGUX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 7.7% | -37.8% | 56.1% | 98.00% |
| 1 Yr | 30.6% | -36.3% | 134.4% | 64.73% |
| 3 Yr | 6.3%* | -21.2% | 35.4% | 76.88% |
| 5 Yr | 14.5%* | -12.8% | 32.8% | 72.88% |
| 10 Yr | N/A* | -3.9% | 21.1% | 71.33% |
* Annualized
Return Ranking - Calendar
| Period | GCGUX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 41.2% | -74.1% | 72.4% | 22.72% |
| 2022 | -37.6% | -85.9% | 4.7% | 67.47% |
| 2021 | 3.6% | -52.4% | 60.5% | 66.14% |
| 2020 | 27.3% | -34.3% | 145.0% | 46.56% |
| 2019 | 28.0% | -6.9% | 49.4% | 32.52% |
Total Return Ranking - Trailing
| Period | GCGUX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 7.7% | -37.8% | 56.1% | 98.00% |
| 1 Yr | 30.6% | -36.3% | 134.4% | 64.73% |
| 3 Yr | 6.3%* | -21.2% | 35.4% | 76.88% |
| 5 Yr | 14.5%* | -12.8% | 32.8% | 72.88% |
| 10 Yr | N/A* | -3.9% | 21.1% | 69.61% |
* Annualized
Total Return Ranking - Calendar
| Period | GCGUX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 41.8% | -4.6% | 72.4% | 31.93% |
| 2022 | -31.2% | -61.7% | 5.6% | 54.77% |
| 2021 | 23.1% | -39.8% | 118.1% | 40.60% |
| 2020 | 35.0% | 2.8% | 149.2% | 48.30% |
| 2019 | 38.2% | -5.2% | 49.4% | 8.66% |
NAV & Total Return History
GCGUX - Holdings
Concentration Analysis
| GCGUX | Category Low | Category High | GCGUX % Rank | |
|---|---|---|---|---|
| Net Assets | 185 M | 296 K | 287 B | 82.59% |
| Number of Holdings | 40 | 2 | 3061 | 78.49% |
| Net Assets in Top 10 | 82.3 M | 126 K | 150 B | 85.66% |
| Weighting of Top 10 | 52.49% | 0.7% | 205.0% | 53.59% |
Top 10 Holdings
- Microsoft Corp 11.50%
- Apple Inc 9.01%
- NVIDIA Corp 5.75%
- Amazon.com Inc 5.59%
- Eli Lilly Co 4.20%
- Meta Platforms Inc 4.10%
- Mastercard Inc 3.95%
- Alphabet Inc 2.88%
- Marvell Technology Inc 2.79%
- Intuit Inc 2.71%
Asset Allocation
| Weighting | Return Low | Return High | GCGUX % Rank | |
|---|---|---|---|---|
| Stocks | 98.98% | 0.00% | 123.52% | 45.83% |
| Cash | 1.22% | 0.00% | 173.52% | 45.19% |
| Preferred Stocks | 0.00% | 0.00% | 8.45% | 28.40% |
| Other | 0.00% | -36.56% | 50.35% | 36.21% |
| Convertible Bonds | 0.00% | 0.00% | 1.94% | 17.27% |
| Bonds | 0.00% | 0.00% | 102.71% | 19.60% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | GCGUX % Rank | |
|---|---|---|---|---|
| Technology | 39.52% | 0.00% | 65.70% | 31.45% |
| Consumer Cyclical | 16.32% | 0.00% | 62.57% | 42.82% |
| Healthcare | 15.57% | 0.00% | 39.76% | 22.18% |
| Communication Services | 13.07% | 0.00% | 66.40% | 22.09% |
| Industrials | 5.30% | 0.00% | 30.65% | 60.09% |
| Financial Services | 4.46% | 0.00% | 43.06% | 88.91% |
| Consumer Defense | 2.18% | 0.00% | 25.50% | 69.27% |
| Real Estate | 2.09% | 0.00% | 16.05% | 27.18% |
| Basic Materials | 1.50% | 0.00% | 18.91% | 40.91% |
| Utilities | 0.00% | 0.00% | 16.07% | 40.82% |
| Energy | 0.00% | 0.00% | 41.09% | 61.91% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | GCGUX % Rank | |
|---|---|---|---|---|
| US | 98.98% | 0.00% | 123.52% | 36.39% |
| Non US | 0.00% | 0.00% | 75.46% | 41.29% |
GCGUX - Expenses
Operational Fees
| GCGUX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.00% | 0.01% | 28.71% | 44.26% |
| Management Fee | 0.76% | 0.00% | 1.50% | 85.65% |
| 12b-1 Fee | 0.00% | 0.00% | 1.00% | 3.53% |
| Administrative Fee | N/A | 0.01% | 1.02% | N/A |
Sales Fees
| GCGUX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 2.25% | 8.50% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| GCGUX 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.
| GCGUX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 37.00% | 0.00% | 316.74% | 55.09% |
GCGUX - Distributions
Dividend Yield Analysis
| GCGUX | Category Low | Category High | GCGUX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.09% | 0.00% | 27.58% | 53.86% |
Dividend Distribution Analysis
| GCGUX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annual | SemiAnnual | Annual |
Net Income Ratio Analysis
| GCGUX | Category Low | Category High | GCGUX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -0.30% | -6.13% | 3.48% | 48.89% |
Capital Gain Distribution Analysis
| GCGUX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Apr 23, 2024 | $0.016 | OrdinaryDividend |
| Apr 23, 2024 | $0.460 | CapitalGainShortTerm |
| Apr 23, 2024 | $5.403 | CapitalGainLongTerm |
| Dec 13, 2023 | $0.099 | CapitalGainLongTerm |
| Dec 13, 2022 | $1.764 | CapitalGainLongTerm |
| Dec 14, 2021 | $4.734 | OrdinaryDividend |
| Dec 14, 2020 | $1.445 | OrdinaryDividend |
| Dec 18, 2019 | $0.022 | OrdinaryDividend |
| Dec 12, 2019 | $1.485 | CapitalGainLongTerm |
| Dec 19, 2018 | $0.053 | OrdinaryDividend |
| Dec 11, 2018 | $0.134 | CapitalGainShortTerm |
| Dec 11, 2018 | $1.968 | CapitalGainLongTerm |
| Dec 20, 2017 | $0.069 | OrdinaryDividend |
| Dec 11, 2017 | $0.021 | CapitalGainShortTerm |
| Dec 11, 2017 | $2.081 | CapitalGainLongTerm |
| Dec 20, 2016 | $0.101 | OrdinaryDividend |
| Dec 09, 2016 | $0.065 | CapitalGainLongTerm |
| Dec 21, 2015 | $0.042 | OrdinaryDividend |
| Dec 10, 2015 | $0.336 | CapitalGainShortTerm |
| Dec 10, 2015 | $1.471 | CapitalGainLongTerm |
GCGUX - Fund Manager Analysis
Managers
Steven Barry
Start Date
Tenure
Tenure Rank
Sep 03, 2002
19.75
19.8%
Mr. Barry, Managing Director, Co-Chief Investment Officer of Fundamental Equity U.S. Equity, joined GSAM as a portfolio manager in 1999. Mr. Leahy, Managing Director and Co-Lead Portfolio Manager-Strategic Growth, joined GSAM as a portfolio manager in 2005. Mr. Becker, Managing Director and Co-Lead Portfolio Manager-Strategic Growth, joined GSAM in 1999. He also serves as a portfolio manager for the Growth Team and is a member of the U.S. Equity Investment Committee.
Stephen Becker
Start Date
Tenure
Tenure Rank
Apr 17, 2013
9.13
9.1%
Mr. Becker joined Goldman Sachs Asset Management, L.P. in 1999. He is Managing Director and Co-Chief Investment Officer of Fundamental Equity U.S. Equity.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.04 | 54.45 | 8.25 | 3.08 |
