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Trending ETFs

Goldman Sachs Global Infrastructure Fund

mutual fund
GGIDX
Payout Change
Pending
Price as of:
$12.29 -1.67 -11.96%
primary theme
Infrastructure Industry Equity
share class
C (GGICX) R6 (GGIJX) Instl (GGIDX) A (GGIAX) P (GGWPX) Investor (GGINX)
GGIDX (Mutual Fund)

Goldman Sachs Global Infrastructure Fund

Payout Change
Pending
Price as of:
$12.29 -1.67 -11.96%
primary theme
Infrastructure Industry Equity
share class
C (GGICX) R6 (GGIJX) Instl (GGIDX) A (GGIAX) P (GGWPX) Investor (GGINX)
GGIDX (Mutual Fund)

Goldman Sachs Global Infrastructure Fund

Payout Change
Pending
Price as of:
$12.29 -1.67 -11.96%
primary theme
Infrastructure Industry Equity
share class
C (GGICX) R6 (GGIJX) Instl (GGIDX) A (GGIAX) P (GGWPX) Investor (GGINX)

Name

As of 12/12/2024

Price

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

Goldman Sachs Global Infrastructure Fund

GGIDX | Fund

$12.29

$202 M

1.96%

$0.27

1.13%

Vitals

YTD Return

0.2%

1 yr return

0.7%

3 Yr Avg Return

0.5%

5 Yr Avg Return

2.6%

Net Assets

$202 M

Holdings in Top 10

48.5%

52 WEEK LOW AND HIGH

$14.0
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.13%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 50.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$1,000,000

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 12/12/2024

Price

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

Goldman Sachs Global Infrastructure Fund

GGIDX | Fund

$12.29

$202 M

1.96%

$0.27

1.13%

GGIDX - Profile

Distributions

  • YTD Total Return 0.2%
  • 3 Yr Annualized Total Return 0.5%
  • 5 Yr Annualized Total Return 2.6%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.50%
DIVIDENDS
  • Dividend Yield 2.0%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Goldman Sachs Global Infrastructure Fund
  • Fund Family Name
    Goldman Sachs Fund Complex
  • Inception Date
    Jun 27, 2016
  • Shares Outstanding
    N/A
  • Share Class
    Instl
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Kristin Kuney

Fund Description

The Fund invests, under normal circumstances, at least 80% of its net assets plus any borrowings for investment purposes (measured at time of purchase) (“Net Assets”) in a portfolio of investments in issuers that are engaged in or related to the infrastructure group of industries (“infrastructure companies”). The Fund will invest primarily in the common stock of infrastructure companies.An issuer is engaged in or related to the infrastructure group of industries if it is involved in the ownership, development, construction, renovation, financing, management, sale or operation of infrastructure assets, or that provide the services and raw materials necessary for the construction and maintenance of infrastructure assets. Infrastructure assets include, but are not limited to, utilities, energy, transportation, real estate, media, telecommunications and capital goods.The Fund will invest in the securities of infrastructure companies that are economically tied to at least three countries, including the United States. Although the Fund will invest, under normal circumstances, primarily in the securities of infrastructure companies that are economically tied to developed countries (namely developed countries in North America and Europe), the Fund may also invest in the securities of infrastructure companies that are economically tied to countries with emerging markets or economies (“emerging countries”).The Fund may invest without restriction as to issuer capitalization (including small- and mid-capitalization companies). A portion of the Fund’s securities are denominated in foreign currencies and held outside the United States.The Fund may invest in real estate investment trusts (“REITs”). The Fund may also invest up to 20% of its total assets (measured at time of purchase) in master limited partnerships (“MLPs”) that are taxed as partnerships and up to 20% of its Net Assets (measured at time of purchase) in issuers that are not infrastructure companies.Exchange-traded funds (“ETFs”) that provide exposure to infrastructure companies and derivative instruments, such as futures, that have similar economic exposures to infrastructure companies will be counted towards the Fund’s 80% policy discussed above.The Fund’s investment strategy combines bottom-up company analysis with fundamental real asset research. 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 valuation and price considerations or for risk management purposes.The Fund concentrates its investments in the securities of issuers in the infrastructure group of industries.THE FUND IS “NON-DIVERSIFIED” UNDER THE INVESTMENT COMPANY ACT OF 1940, AS AMENDED (“INVESTMENT COMPANY ACT”), AND MAY INVEST A LARGER PERCENTAGE OF ITS ASSETS IN FEWER ISSUERS THAN DIVERSIFIED MUTUAL FUNDS.The Fund’s benchmark index is the Dow Jones Brookfield Global Infrastructure Index (Net, USD, Unhedged).
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GGIDX - Performance

Return Ranking - Trailing

Period GGIDX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.2% -9.5% 27.9% 26.09%
1 Yr 0.7% -4.0% 35.9% 29.35%
3 Yr 0.5%* -11.8% 16.3% 25.00%
5 Yr 2.6%* -1.1% 20.6% 46.67%
10 Yr N/A* 3.0% 8.8% N/A

* Annualized

Return Ranking - Calendar

Period GGIDX Return Category Return Low Category Return High Rank in Category (%)
2023 2.2% -17.5% 30.1% 43.48%
2022 -9.2% -28.1% -3.4% 28.26%
2021 14.2% -28.7% 35.7% 17.24%
2020 -5.6% -12.5% 28.8% 64.00%
2019 28.7% 9.9% 33.6% 6.76%

Total Return Ranking - Trailing

Period GGIDX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.2% -9.5% 27.9% 26.09%
1 Yr 0.7% -4.0% 35.9% 29.35%
3 Yr 0.5%* -11.8% 16.3% 25.00%
5 Yr 2.6%* -1.1% 20.6% 46.67%
10 Yr N/A* 3.0% 8.8% N/A

* Annualized

Total Return Ranking - Calendar

Period GGIDX Return Category Return Low Category Return High Rank in Category (%)
2023 5.1% -15.6% 31.0% 40.22%
2022 -7.2% -27.1% -0.5% 42.39%
2021 16.5% -3.5% 36.4% 25.29%
2020 -3.6% -11.2% 29.9% 72.00%
2019 30.4% 16.7% 35.3% 8.11%

NAV & Total Return History

GGIDX - Holdings

Concentration Analysis

GGIDX Category Low Category High GGIDX % Rank
Net Assets 202 M 1.83 M 8.77 B 51.09%
Number of Holdings 48 26 233 53.26%
Net Assets in Top 10 46.9 M 823 K 5.61 B 67.39%
Weighting of Top 10 48.45% 8.2% 62.5% 31.52%

Top 10 Holdings

  1. American Tower Corp 7.92%
  2. Enbridge Inc 7.51%
  3. National Grid PLC 6.82%
  4. Vinci SA 5.50%
  5. Sempra 4.12%
  6. Cheniere Energy Inc 3.93%
  7. PGE Corp 3.47%
  8. Targa Resources Corp 3.29%
  9. Transurban Group 3.05%
  10. Cellnex Telecom SA 2.84%

Asset Allocation

Weighting Return Low Return High GGIDX % Rank
Stocks 		97.63% 86.92% 101.95% 61.96%
Cash 		2.37% 0.00% 8.62% 28.26%
Preferred Stocks 		0.00% 0.00% 2.81% 84.78%
Other 		0.00% -0.22% 3.96% 75.00%
Convertible Bonds 		0.00% 0.00% 2.46% 84.78%
Bonds 		0.00% 0.00% 6.41% 84.78%

Stock Sector Breakdown

Weighting Return Low Return High GGIDX % Rank
Utilities 		36.67% 3.71% 96.19% 66.30%
Energy 		25.13% 0.00% 32.46% 13.04%
Real Estate 		18.46% 0.00% 23.51% 4.35%
Industrials 		14.40% 0.00% 68.24% 70.65%
Communication Services 		3.38% 0.00% 27.53% 39.13%
Basic Materials 		1.25% 0.00% 25.54% 20.65%
Technology 		0.72% 0.00% 25.65% 36.96%
Healthcare 		0.00% 0.00% 6.54% 84.78%
Financial Services 		0.00% 0.00% 17.28% 84.78%
Consumer Defense 		0.00% 0.00% 0.99% 88.04%
Consumer Cyclical 		0.00% 0.00% 10.02% 84.78%

Stock Geographic Breakdown

Weighting Return Low Return High GGIDX % Rank
US 		51.95% 1.96% 99.99% 52.17%
Non US 		45.68% 0.00% 97.95% 53.26%

GGIDX - Expenses

Operational Fees

GGIDX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.13% 0.30% 10.15% 59.78%
Management Fee 0.90% 0.30% 1.00% 91.30%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.04% 0.15% N/A

Sales Fees

GGIDX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 4.50% 5.75% N/A
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

GGIDX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 2.00% 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.

GGIDX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 50.00% 13.00% 128.00% 42.25%

GGIDX - Distributions

Dividend Yield Analysis

GGIDX Category Low Category High GGIDX % Rank
Dividend Yield 1.96% 0.00% 5.50% 31.52%

Dividend Distribution Analysis

GGIDX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annual Monthly Quarterly

Net Income Ratio Analysis

GGIDX Category Low Category High GGIDX % Rank
Net Income Ratio 1.50% -0.39% 4.38% 48.86%

Capital Gain Distribution Analysis

GGIDX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

View More +

GGIDX - Fund Manager Analysis

Managers

Kristin Kuney

Start Date

Tenure

Tenure Rank

Apr 29, 2020

2.09

2.1%

Ms. Kuney joined the Investment Adviser in 2000 and has research responsibilities across the US Value Equity, Real Estate Securities, and Global Infrastructure portfolios. Ms. Kuney joined the Real Estate Team in 2004 as a research analyst and later joined the Value Team in 2009. Prior to that, Ms. Kuney worked in the Global Risk and Performance Analytics group focusing on quantitative and risk analysis of the Goldman Sachs Mutual Funds

Abhinav Zutshi

Start Date

Tenure

Tenure Rank

Apr 08, 2021

1.15

1.2%

Mr. Zutshi is a Portfolio Manager on the Global Real Assets team and has been with GSAM since 2009. Prior to joining GSAM, Mr. Zutshi worked as a software consultant at Zensar Technologies for two years from 2005.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.17 18.18 5.81 8.08

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