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Goldman Sachs Emerging Markets Equity Insights Fund
mutual fund
GRRPX
Payout Change
Pending
Price as of:
$8.78
+0.0
+0.0%
primary theme
Emerging Markets Equity
GRRPX (Mutual Fund)
Goldman Sachs Emerging Markets Equity Insights Fund
Payout Change
Pending
Price as of:
$8.78
+0.0
+0.0%
primary theme
Emerging Markets Equity
GRRPX (Mutual Fund)
Goldman Sachs Emerging Markets Equity Insights Fund
Payout Change
Pending
Price as of:
$8.78
+0.0
+0.0%
primary theme
Emerging Markets Equity
Name
As of 12/13/2024Price
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
9.9%
1 yr return
12.5%
3 Yr Avg Return
5.4%
5 Yr Avg Return
3.7%
Net Assets
$1.96 B
Holdings in Top 10
28.7%
52 WEEK LOW AND HIGH
$8.8
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.76%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 189.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/13/2024Price
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
GRRPX - Profile
Distributions
- YTD Total Return 9.9%
- 3 Yr Annualized Total Return 5.4%
- 5 Yr Annualized Total Return 3.7%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.11%
- Dividend Yield 3.1%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameGoldman Sachs Emerging Markets Equity Insights Fund
-
Fund Family NameGoldman Sachs Fund Complex
-
Inception DateFeb 28, 2014
-
Shares OutstandingN/A
-
Share ClassR
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerLen Ioffe
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 emerging country issuers. Currently, emerging countries include, among others, Central and South American, African, Asian and Eastern European countries. Under normal circumstances, the Fund maintains investments in at least six emerging countries.The portfolio management team uses two distinct strategies—a bottom-up stock selection strategy and a top-down country/currency selection strategy—to manage the Fund. The Fund seeks broad representation of large-cap and mid-cap issuers across emerging countries, with some exposure to small-cap issuers.The Fund uses a quantitative style of management, in combination with a qualitative overlay, that emphasizes fundamentally-based stock and country/currency selection, careful portfolio construction and efficient implementation. The Fund’s investments are selected using fundamental research and a variety of quantitative techniques based on certain investment themes, including, among others, Fundamental Mispricings, High Quality Business Models, Sentiment Analysis and Market Themes & Trends. Fundamental Mispricings seeks to identify high-quality businesses trading at a fair price, which the Investment Adviser believes leads to strong performance over the long-run. High Quality Business Models seeks to identify companies that are generating high-quality revenues with sustainable business models and aligned management incentives. Sentiment Analysis seeks to identify stocks experiencing improvements in their overall market sentiment. Market Themes and Trends seeks to identify companies positively positioned to benefit from themes and trends in the market and macroeconomic environment. As a part of the Investment Adviser’s investment selection process, the Investment Adviser utilizes proprietary models that assess a wide range of indicators, which may include certain environmental, social and governance (“ESG”) indicators. No one indicator, risk or consideration is determinative in the investment selection process. The Fund may make investment decisions that deviate from those generated by the Investment Adviser’s proprietary models, at the discretion of the Investment Adviser. In addition, the Investment Adviser may, in its discretion, make changes to its quantitative techniques, or use other quantitative techniques that are based on the Investment Adviser’s proprietary research.The Fund may also invest in fixed income securities that are considered to be cash equivalents.The Fund’s benchmark index is the MSCI Emerging Markets Standard Index (Net, USD, Unhedged).
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GRRPX - Performance
Return Ranking - Trailing
| Period | GRRPX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 9.9% | -11.8% | 40.0% | 52.87% |
| 1 Yr | 12.5% | -8.7% | 41.1% | 51.58% |
| 3 Yr | 5.4%* | -11.5% | 11.1% | 40.21% |
| 5 Yr | 3.7%* | -5.3% | 12.2% | 37.81% |
| 10 Yr | 4.4%* | -1.2% | 7.0% | 39.04% |
* Annualized
Return Ranking - Calendar
| Period | GRRPX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 8.4% | -6.5% | 35.5% | 51.93% |
| 2022 | -23.1% | -50.1% | -2.4% | 36.52% |
| 2021 | -17.0% | -33.1% | 22.5% | 91.58% |
| 2020 | 19.1% | -22.1% | 80.1% | 41.60% |
| 2019 | 11.4% | -0.7% | 42.0% | 90.37% |
Total Return Ranking - Trailing
| Period | GRRPX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 9.9% | -11.8% | 40.0% | 52.87% |
| 1 Yr | 12.5% | -8.7% | 41.1% | 51.58% |
| 3 Yr | 5.4%* | -11.5% | 11.1% | 40.21% |
| 5 Yr | 3.7%* | -5.3% | 12.2% | 37.81% |
| 10 Yr | 4.4%* | -1.2% | 7.0% | 39.04% |
* Annualized
Total Return Ranking - Calendar
| Period | GRRPX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 12.3% | -1.0% | 42.0% | 37.66% |
| 2022 | -21.6% | -42.2% | 1.9% | 39.32% |
| 2021 | 0.6% | -32.5% | 33.1% | 41.19% |
| 2020 | 19.8% | -20.0% | 81.6% | 41.60% |
| 2019 | 13.0% | 2.3% | 42.0% | 93.58% |
NAV & Total Return History
GRRPX - Holdings
Concentration Analysis
| GRRPX | Category Low | Category High | GRRPX % Rank | |
|---|---|---|---|---|
| Net Assets | 1.96 B | 682 K | 103 B | 24.64% |
| Number of Holdings | 384 | 2 | 7534 | 16.52% |
| Net Assets in Top 10 | 594 M | 290 K | 23.8 B | 27.21% |
| Weighting of Top 10 | 28.66% | 2.9% | 101.1% | 69.76% |
Top 10 Holdings
- Taiwan Semiconductor Manufacturing Co Ltd 8.29%
- Samsung Electronics Co Ltd 4.75%
- Tencent Holdings Ltd 4.42%
- MediaTek Inc 1.92%
- Itau Unibanco Holding SA 1.85%
- PDD Holdings Inc 1.76%
- FirstRand Ltd 1.69%
- ABB India Ltd 1.40%
- HD Korea Shipbuilding Offshore Engineering Co Ltd 1.33%
- Alibaba Group Holding Ltd 1.27%
Asset Allocation
| Weighting | Return Low | Return High | GRRPX % Rank | |
|---|---|---|---|---|
| Stocks | 94.36% | 0.00% | 103.28% | 79.91% |
| Preferred Stocks | 4.55% | 0.00% | 13.31% | 6.55% |
| Cash | 1.10% | -2.03% | 100.35% | 66.95% |
| Convertible Bonds | 0.00% | 0.00% | 7.40% | 27.69% |
| Bonds | 0.00% | 0.00% | 95.13% | 33.05% |
| Other | -0.02% | -1.11% | 39.53% | 98.58% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | GRRPX % Rank | |
|---|---|---|---|---|
| Technology | 22.54% | 0.00% | 47.50% | 46.18% |
| Financial Services | 22.19% | 0.00% | 48.86% | 49.06% |
| Consumer Cyclical | 12.42% | 0.00% | 48.94% | 42.57% |
| Communication Services | 8.47% | 0.00% | 39.29% | 54.69% |
| Basic Materials | 8.42% | 0.00% | 30.03% | 47.62% |
| Industrials | 8.08% | 0.00% | 43.53% | 25.54% |
| Energy | 6.94% | 0.00% | 24.80% | 15.01% |
| Consumer Defense | 5.18% | 0.00% | 25.90% | 69.55% |
| Utilities | 3.40% | 0.00% | 39.12% | 16.02% |
| Healthcare | 2.31% | 0.00% | 16.53% | 75.32% |
| Real Estate | 0.05% | 0.00% | 17.15% | 80.95% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | GRRPX % Rank | |
|---|---|---|---|---|
| Non US | 88.96% | 0.00% | 100.52% | 37.32% |
| US | 5.40% | 0.00% | 100.95% | 68.66% |
GRRPX - Expenses
Operational Fees
| GRRPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.76% | 0.03% | 29.98% | 26.43% |
| Management Fee | 1.00% | 0.00% | 2.00% | 78.03% |
| 12b-1 Fee | 0.50% | 0.00% | 1.00% | 63.76% |
| Administrative Fee | N/A | 0.01% | 0.85% | N/A |
Sales Fees
| GRRPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 3.50% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| GRRPX 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.
| GRRPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 189.00% | 0.00% | 189.00% | 99.12% |
GRRPX - Distributions
Dividend Yield Analysis
| GRRPX | Category Low | Category High | GRRPX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 3.11% | 0.00% | 9.74% | 17.38% |
Dividend Distribution Analysis
| GRRPX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | None | Annual | SemiAnnual | Annual |
Net Income Ratio Analysis
| GRRPX | Category Low | Category High | GRRPX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 1.11% | -1.98% | 17.62% | 37.72% |
Capital Gain Distribution Analysis
| GRRPX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 20, 2023 | $0.274 | OrdinaryDividend |
| Dec 20, 2022 | $0.146 | OrdinaryDividend |
| Dec 20, 2021 | $0.147 | OrdinaryDividend |
| Dec 14, 2021 | $1.868 | OrdinaryDividend |
| Dec 18, 2020 | $0.074 | OrdinaryDividend |
| Dec 20, 2019 | $0.145 | OrdinaryDividend |
| Dec 21, 2018 | $0.138 | OrdinaryDividend |
| Dec 22, 2017 | $0.104 | OrdinaryDividend |
| Dec 11, 2017 | $0.321 | CapitalGainShortTerm |
| Dec 11, 2017 | $0.101 | CapitalGainLongTerm |
| Dec 22, 2016 | $0.066 | OrdinaryDividend |
| Dec 23, 2015 | $0.066 | OrdinaryDividend |
| Dec 09, 2014 | $0.144 | OrdinaryDividend |
| Dec 09, 2014 | $0.071 | CapitalGainLongTerm |
GRRPX - Fund Manager Analysis
Managers
Len Ioffe
Start Date
Tenure
Tenure Rank
Dec 31, 2008
13.42
13.4%
Senior Portfolio Managers oversee all aspects of their product areas from research to implementation and are ultimately responsible for supervising and monitoring the process, implementation, and controls. They are supported by teams throughout the functional areas.
Dennis Walsh
Start Date
Tenure
Tenure Rank
Feb 28, 2012
10.26
10.3%
Dennis Walsh joined Goldman Sachs Asset Management, L.P. as an associate in 2009 and has been a portfolio manager since 2012. Between 2005 and 2007 he worked as a senior developer at Goldman Sachs and after that attended the graduate school at Princeton University.
James Park
Start Date
Tenure
Tenure Rank
Oct 03, 2014
7.66
7.7%
James Park joined Goldman Sachs Asset Management as a member of the QIS Team in 2004. He is a senior member of the QIS research and portfolio management team.
Osman Ali
Start Date
Tenure
Tenure Rank
Feb 27, 2015
7.26
7.3%
Senior Portfolio Managers oversee all aspects of their product areas from research to implementation and are ultimately responsible for supervising and monitoring the process, implementation, and controls. They are supported by teams throughout the functional areas.
Takashi Suwabe
Start Date
Tenure
Tenure Rank
Feb 28, 2021
1.25
1.3%
Takashi Suwabe is co-head of active equity research in the QIS team. He joined Goldman Sachs Asset Management in 2004 and has been a member of the QIS team since 2009.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.09 | 33.71 | 6.67 | 13.42 |
