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Trending ETFs

Goldman Sachs U.S. Equity ESG Fund

mutual fund
GRGVX
Payout Change
Pending
Price as of:
$20.37 +0.0 +0.0%
primary theme
U.S. Large-Cap Blend Equity
GRGVX (Mutual Fund)

Goldman Sachs U.S. Equity ESG Fund

Payout Change
Pending
Price as of:
$20.37 +0.0 +0.0%
primary theme
U.S. Large-Cap Blend Equity
GRGVX (Mutual Fund)

Goldman Sachs U.S. Equity ESG Fund

Payout Change
Pending
Price as of:
$20.37 +0.0 +0.0%
primary theme
U.S. Large-Cap Blend Equity

Name

As of 05/17/2024

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

$20.37

$26.6 M

0.07%

$0.02

2.48%

Vitals

YTD Return

10.1%

1 yr return

22.7%

3 Yr Avg Return

7.0%

5 Yr Avg Return

13.0%

Net Assets

$26.6 M

Holdings in Top 10

42.8%

52 WEEK LOW AND HIGH

$20.4
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 2.48%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 31.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$0

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 05/17/2024

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

$20.37

$26.6 M

0.07%

$0.02

2.48%

GRGVX - Profile

Distributions

  • YTD Total Return 10.1%
  • 3 Yr Annualized Total Return 7.0%
  • 5 Yr Annualized Total Return 13.0%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.15%
DIVIDENDS
  • Dividend Yield 0.1%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    Goldman Sachs U.S. Equity ESG Fund
  • Fund Family Name
    Goldman Sachs Fund Complex
  • Inception Date
    Nov 30, 2009
  • Shares Outstanding
    N/A
  • Share Class
    R
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Stephen Becker

Fund Description

The Fund invests, under normal circumstances, at least 80% of its net assets plus any borrowings for investment purposes (measured at the time of purchase) (“Net Assets”) in a diversified portfolio of equity investments in U.S. issuers that the Investment Adviser believes adhere to the Fund’s environmental, social and governance (“ESG”) criteria. Such equity investments may include exchange-traded funds (“ETFs”), futures and other instruments with similar economic exposures. The Fund seeks to achieve its investment objective by investing, under normal circumstances, in approximately 30-50 companies that are considered by the Investment Adviser to be positioned for long-term growth of capital.The Fund’s ESG criteria are generally designed to exclude companies that are directly engaged in, and/or derive significant revenue from, certain industries or product lines, including, but not limited to:alcohol;tobacco;gambling;adult entertainment;for-profit prisons;weapons;oil and gas exploration and production;thermal coal mining; andthermal coal power generation.In determining whether a company is directly engaged in, and/or derives significant revenue from, the industries or product lines listed above, the Fund will use revenue thresholds for certain industries or product lines (e.g., companies that derive more than 5% of revenue from tobacco) and categorical exclusions for other industries or product lines (e.g., companies that derive any revenue from controversial weapons) and apply such thresholds and exclusions to data provided by one or more third-party vendor(s). Generally, the highest revenue threshold used will be 5%. The Investment Adviser, in its sole discretion, retains the right not to use data provided by third-party vendors where it deems the data to be not representative of a company’s current business operations. In such cases, or where data on specific companies may not be available from third-party vendors, the Investment Adviser may make reasonable estimates or otherwise exercise its discretion. The Fund’s ESG criteria may be updated periodically to, among other things, add or remove certain industries or product lines from the screening process, revise the revenue thresholds and categorical exclusions applicable to such activities, or change particular industries or product lines from a categorical exclusion to a revenue threshold, or vice versa.Once the Investment Adviser determines that an issuer meets the Fund’s ESG criteria, the Investment Adviser conducts a supplemental analysis of individual companies’ corporate governance factors and a range of environmental and social factors that may vary by sector. This supplemental analysis will be conducted alongside traditional fundamental, bottom-up financial analysis of individual companies, using traditional fundamental metrics. The Investment Adviser may engage in active dialogues with company management teams to further inform investment decision-making and to foster best corporate governance practices using its fundamental and ESG analysis. The Fund may invest in a company prior to completion of the supplemental analysis or without engaging with company management. Instances in which the supplemental analysis may not be completed prior to investment include but are not limited to initial public offerings (“IPOs”), in-kind transfers, corporate actions, and/or certain short-term holdings.The Investment Adviser may sell holdings for several reasons, including, among others, changes in a company’s fundamentals or earnings, a company no longer meeting the Fund’s ESG criteria, or a company otherwise failing to conform to the Investment Adviser’s investment philosophy. The Fund seeks to provide broad U.S. equity market exposure by investing in securities of U.S. issuers of any investment style and any market capitalization.The Fund may also invest up to 20% of its Net Assets in equity investments that may not adhere to the Fund’s ESG criteria, in non-U.S. issuers, and in fixed income securities, such as government, corporate and bank debt obligations.The Fund’s performance benchmark index is the S&P 500® Index.
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GRGVX - Performance

Return Ranking - Trailing

Period GRGVX Return Category Return Low Category Return High Rank in Category (%)
YTD 10.1% -0.4% 18.5% 71.02%
1 Yr 22.7% 3.8% 52.7% 77.88%
3 Yr 7.0%* -12.7% 16.1% 76.53%
5 Yr 13.0%* -0.8% 109.2% 66.84%
10 Yr 10.7%* 2.7% 21.1% 71.63%

* Annualized

Return Ranking - Calendar

Period GRGVX Return Category Return Low Category Return High Rank in Category (%)
2023 20.8% -42.6% 47.4% 39.34%
2022 -21.1% -56.3% -4.2% 51.01%
2021 24.5% -27.2% 53.7% 17.15%
2020 8.9% -36.2% 2181.7% 67.86%
2019 25.5% -22.7% 40.4% 35.84%

Total Return Ranking - Trailing

Period GRGVX Return Category Return Low Category Return High Rank in Category (%)
YTD 10.1% -0.4% 18.5% 71.02%
1 Yr 22.7% 3.8% 52.7% 77.88%
3 Yr 7.0%* -12.7% 16.1% 76.53%
5 Yr 13.0%* -0.8% 109.2% 66.84%
10 Yr 10.7%* 2.7% 21.1% 71.63%

* Annualized

Total Return Ranking - Calendar

Period GRGVX Return Category Return Low Category Return High Rank in Category (%)
2023 20.9% -5.0% 47.4% 68.67%
2022 -21.0% -36.8% -2.2% 87.49%
2021 26.8% 3.0% 124.3% 48.65%
2020 21.0% -15.8% 2266.0% 16.62%
2019 30.6% -0.4% 241.3% 44.15%

NAV & Total Return History


GRGVX - Holdings

Concentration Analysis

GRGVX Category Low Category High GRGVX % Rank
Net Assets 26.6 M 2.34 M 1.55 T 96.64%
Number of Holdings 44 2 4048 86.57%
Net Assets in Top 10 11.4 M 885 K 387 B 96.40%
Weighting of Top 10 42.78% 0.3% 112.0% 17.98%

Top 10 Holdings

  1. Microsoft Corp 9.49%
  2. Apple Inc 5.35%
  3. NVIDIA Corp 5.21%
  4. Alphabet Inc 5.07%
  5. JPMorgan Chase Co 3.86%
  6. Eli Lilly Co 3.12%
  7. Procter Gamble Co/The 3.07%
  8. McDonald's Corp 2.60%
  9. Cisco Systems Inc 2.55%
  10. Accenture PLC 2.46%

Asset Allocation

Weighting Return Low Return High GRGVX % Rank
Stocks
99.29% 0.00% 124.03% 35.65%
Cash
0.71% 0.00% 99.06% 61.63%
Preferred Stocks
0.00% 0.00% 2.38% 73.46%
Other
0.00% -13.91% 100.00% 82.97%
Convertible Bonds
0.00% 0.00% 5.54% 72.33%
Bonds
0.00% -0.37% 93.78% 74.10%

Stock Sector Breakdown

Weighting Return Low Return High GRGVX % Rank
Technology
28.46% 0.00% 48.94% 9.85%
Healthcare
12.00% 0.00% 60.70% 86.82%
Consumer Cyclical
11.94% 0.00% 30.33% 20.26%
Communication Services
10.98% 0.00% 27.94% 12.21%
Industrials
10.84% 0.00% 29.90% 25.79%
Financial Services
9.47% 0.00% 55.59% 94.22%
Consumer Defense
5.10% 0.00% 47.71% 84.38%
Utilities
4.81% 0.00% 20.91% 9.60%
Basic Materials
4.12% 0.00% 25.70% 18.80%
Real Estate
2.29% 0.00% 31.91% 63.95%
Energy
0.00% 0.00% 41.64% 96.66%

Stock Geographic Breakdown

Weighting Return Low Return High GRGVX % Rank
US
99.29% 0.00% 124.03% 28.70%
Non US
0.00% 0.00% 62.81% 76.58%

GRGVX - Expenses

Operational Fees

GRGVX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 2.48% 0.01% 19.75% 1.93%
Management Fee 0.55% 0.00% 1.90% 57.67%
12b-1 Fee 0.50% 0.00% 1.00% 74.36%
Administrative Fee N/A 0.00% 0.85% N/A

Sales Fees

GRGVX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.00% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

GRGVX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.25% 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.

GRGVX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 31.00% 0.00% 496.00% 60.94%

GRGVX - Distributions

Dividend Yield Analysis

GRGVX Category Low Category High GRGVX % Rank
Dividend Yield 0.07% 0.00% 25.47% 87.26%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

GRGVX Category Low Category High GRGVX % Rank
Net Income Ratio 0.15% -54.00% 6.06% 78.86%

Capital Gain Distribution Analysis

GRGVX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Distributions History

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GRGVX - Fund Manager Analysis

Managers

Stephen Becker


Start Date

Tenure

Tenure Rank

Nov 30, 2009

12.51

12.5%

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.

Steven Barry


Start Date

Tenure

Tenure Rank

Sep 14, 2010

11.72

11.7%

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.

Kevin Martens


Start Date

Tenure

Tenure Rank

Aug 30, 2020

1.75

1.8%

Kevin Martens is a portfolio manager on the Goldman Sachs Asset Management, L.P. US Equity ESG Strategy, as well as a portfolio manager on the US Equity Team where he has broad research responsibilities for the Industrials sector across the US Large- and Mid-Cap Equity strategies. Before joining the Investment Adviser in 2015, Mr. Martens spent four years at ClearBridge Investments.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 39.02 7.28 2.42