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Trending ETFs

Goldman Sachs Equity Income Fund

mutual fund
GSIIX
Payout Change
Pending
Price as of:
$52.6 -0.45 -0.85%
primary theme
U.S. Large-Cap Value Equity
share class
P (GABPX) C (GSGCX) Instl (GSIIX) R (GRGRX) R6 (GRGUX) Investor (GRGTX) A (GSGRX) S (GSGSX)
GSIIX (Mutual Fund)

Goldman Sachs Equity Income Fund

Payout Change
Pending
Price as of:
$52.6 -0.45 -0.85%
primary theme
U.S. Large-Cap Value Equity
share class
P (GABPX) C (GSGCX) Instl (GSIIX) R (GRGRX) R6 (GRGUX) Investor (GRGTX) A (GSGRX) S (GSGSX)
GSIIX (Mutual Fund)

Goldman Sachs Equity Income Fund

Payout Change
Pending
Price as of:
$52.6 -0.45 -0.85%
primary theme
U.S. Large-Cap Value Equity
share class
P (GABPX) C (GSGCX) Instl (GSIIX) R (GRGRX) R6 (GRGUX) Investor (GRGTX) A (GSGRX) S (GSGSX)

Name

As of 12/09/2024

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 Equity Income Fund

GSIIX | Fund

$52.60

$376 M

1.56%

$0.82

0.81%

Vitals

YTD Return

20.7%

1 yr return

25.5%

3 Yr Avg Return

8.9%

5 Yr Avg Return

10.4%

Net Assets

$376 M

Holdings in Top 10

25.2%

52 WEEK LOW AND HIGH

$53.1
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.81%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 44.00%

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 12/09/2024

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 Equity Income Fund

GSIIX | Fund

$52.60

$376 M

1.56%

$0.82

0.81%

GSIIX - Profile

Distributions

  • YTD Total Return 20.7%
  • 3 Yr Annualized Total Return 8.9%
  • 5 Yr Annualized Total Return 10.4%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.73%
DIVIDENDS
  • Dividend Yield 1.6%
  • Dividend Distribution Frequency None

Fund Details

  • Legal Name
    Goldman Sachs Equity Income Fund
  • Fund Family Name
    Goldman Sachs Fund Complex
  • Inception Date
    Jun 03, 1996
  • Shares Outstanding
    N/A
  • Share Class
    Instl
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Charles (Brook) Dane

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 equity investments. The Fund will generally invest in equity securities that the Investment Adviser believes have favorable prospects for capital appreciation and/or dividend-paying ability. Although the Fund will invest primarily in publicly traded U.S. securities, including preferred and convertible securities, master limited partnerships (“MLPs”) and real estate investment trusts (“REITs”), it may invest up to 25% of its Net Assets in foreign securities, including securities of issuers in countries with emerging markets or economies (“emerging countries”) and securities quoted in foreign currencies. The Investment Adviser expects that the Fund’s investments will be weighted in favor of companies that pay dividends or other current distributions.The Fund’s equity investment process involves: (1) using multiple industry-specific valuation metrics to identify economic value and company potential in stocks, screened by valuation, profitability and business characteristics; (2) conducting in-depth company research and assessing overall business quality; (3) considering a wide range of factors as part of the fundamental investment process, which may include integrating environmental, social and governance (“ESG”) factors alongside traditional fundamental factors; and (4) buying those securities that a sector portfolio manager recommends, taking into account feedback from the rest of the portfolio management team. 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, readjustment of the Investment Adviser’s outlook based on subsequent events, the Investment Adviser’s ongoing assessment of the quality and effectiveness of management, if new investment ideas offer the potential for better risk/reward profiles than existing holdings, or for risk management purposes. In addition, the Investment Adviser may sell a position in order to meet shareholder redemptions.The Fund may also invest up to 20% of its Net Assets in fixed income securities, such as government, corporate and bank debt obligations.The Fund seeks to generate additional cash flow and may reduce volatility by the sale of call options on the S&P 500® Index or other regional stock market indices (or related exchange-traded funds (“ETFs”)).The Fund expects that, under normal circumstances, it will sell call options in an amount that is between 0% and 30% of the value of the Fund’s portfolio. As the seller of the call options, the Fund will receive cash (the “premium”) from the purchaser. If the purchaser exercises the option, the Fund pays the purchaser the difference between the price of the index and the exercise price of the option. The premium, the exercise price and the market price of the index determine the gain or loss realized by the Fund as the seller of the call option.During periods in which the U.S. equity markets are generally unchanged or falling, or in a modestly rising market where the income from premiums exceeds the aggregate appreciation of the underlying index over its exercise price, a diversified portfolio receiving premiums from its call option writing strategy may outperform the same portfolio without such an options strategy. However, in rising markets where the aggregate appreciation of the underlying index over its exercise price exceeds the income from premiums, a portfolio with a call writing strategy could significantly underperform the same portfolio without the options.The Fund’s benchmark index is the Russell 1000®Value Index.
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GSIIX - Performance

Return Ranking - Trailing

Period GSIIX Return Category Return Low Category Return High Rank in Category (%)
YTD 20.7% -12.3% 50.7% 35.86%
1 Yr 25.5% -3.7% 64.1% 42.51%
3 Yr 8.9%* -4.2% 31.8% 45.87%
5 Yr 10.4%* 0.1% 45.7% 56.88%
10 Yr 8.9%* 1.9% 25.5% 59.51%

* Annualized

Return Ranking - Calendar

Period GSIIX Return Category Return Low Category Return High Rank in Category (%)
2023 3.2% -16.9% 46.1% 67.95%
2022 -9.1% -64.7% 4.6% 28.68%
2021 12.6% -44.2% 57.5% 66.73%
2020 1.7% -23.2% 285.0% 30.49%
2019 18.3% -21.4% 48.5% 56.92%

Total Return Ranking - Trailing

Period GSIIX Return Category Return Low Category Return High Rank in Category (%)
YTD 20.7% -12.3% 50.7% 35.86%
1 Yr 25.5% -3.7% 64.1% 42.51%
3 Yr 8.9%* -4.2% 31.8% 45.87%
5 Yr 10.4%* 0.1% 45.7% 56.88%
10 Yr 8.9%* 1.9% 25.5% 59.51%

* Annualized

Total Return Ranking - Calendar

Period GSIIX Return Category Return Low Category Return High Rank in Category (%)
2023 8.5% -15.9% 46.7% 72.82%
2022 -4.1% -42.0% 8.5% 35.61%
2021 22.2% 3.6% 129.7% 84.64%
2020 3.8% -22.6% 304.8% 42.23%
2019 24.7% -12.7% 52.1% 61.57%

NAV & Total Return History

GSIIX - Holdings

Concentration Analysis

GSIIX Category Low Category High GSIIX % Rank
Net Assets 376 M 126 K 163 B 67.66%
Number of Holdings 77 2 1727 52.80%
Net Assets in Top 10 102 M 466 K 39.5 B 69.35%
Weighting of Top 10 25.20% 4.4% 99.1% 63.67%

Top 10 Holdings

  1. JPMorgan Chase Co 4.22%
  2. Exxon Mobil Corp 3.12%
  3. Alphabet Inc 2.96%
  4. Linde PLC 2.48%
  5. Walmart Inc 2.40%
  6. Bank of America Corp 2.19%
  7. Procter Gamble Co/The 2.03%
  8. UnitedHealth Group Inc 1.99%
  9. Johnson Johnson 1.98%
  10. Eaton Corp PLC 1.83%

Asset Allocation

Weighting Return Low Return High GSIIX % Rank
Stocks 		99.65% 4.16% 102.49% 12.90%
Cash 		0.35% 0.00% 17.28% 82.43%
Preferred Stocks 		0.00% 0.00% 13.68% 59.53%
Other 		0.00% -2.59% 39.89% 64.95%
Convertible Bonds 		0.00% 0.00% 3.66% 57.75%
Bonds 		0.00% 0.00% 97.99% 59.53%

Stock Sector Breakdown

Weighting Return Low Return High GSIIX % Rank
Financial Services 		17.29% 0.00% 58.05% 69.34%
Healthcare 		15.40% 0.00% 30.08% 69.34%
Technology 		12.11% 0.00% 54.02% 35.94%
Consumer Defense 		10.91% 0.00% 34.10% 23.77%
Industrials 		10.54% 0.00% 42.76% 58.49%
Utilities 		8.55% 0.00% 27.04% 11.04%
Real Estate 		7.15% 0.00% 90.54% 6.13%
Energy 		7.13% 0.00% 54.00% 64.62%
Consumer Cyclical 		4.60% 0.00% 22.74% 72.83%
Basic Materials 		3.77% 0.00% 21.69% 40.85%
Communication Services 		2.56% 0.00% 26.58% 87.64%

Stock Geographic Breakdown

Weighting Return Low Return High GSIIX % Rank
US 		99.65% 4.16% 102.49% 11.96%
Non US 		0.00% 0.00% 24.08% 69.35%

GSIIX - Expenses

Operational Fees

GSIIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.81% 0.03% 14.82% 59.47%
Management Fee 0.69% 0.00% 1.50% 74.13%
12b-1 Fee 0.00% 0.00% 1.00% 11.19%
Administrative Fee N/A 0.00% 0.50% N/A

Sales Fees

GSIIX 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 0.95% 5.00% N/A

Trading Fees

GSIIX 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.

GSIIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 44.00% 0.00% 488.00% 59.45%

GSIIX - Distributions

Dividend Yield Analysis

GSIIX Category Low Category High GSIIX % Rank
Dividend Yield 1.56% 0.00% 16.67% 63.05%

Dividend Distribution Analysis

GSIIX Category Low Category High Category Mod
Dividend Distribution Frequency None Annual Quarterly Quarterly

Net Income Ratio Analysis

GSIIX Category Low Category High GSIIX % Rank
Net Income Ratio 1.73% -1.51% 4.28% 29.19%

Capital Gain Distribution Analysis

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

Distributions History

View More +

GSIIX - Fund Manager Analysis

Managers

Charles (Brook) Dane

Start Date

Tenure

Tenure Rank

Dec 29, 2017

4.42

4.4%

Charles (Brook) Dane is a portfolio manager on the US Equity Team of Goldman Sachs Asset Management, L.P. He joined the Goldman Sachs Asset Management, L.P. in 2010 as a portfolio manager for the Value Team. Before joining the firm, Mr. Dane was a Senior Vice President at Putnam Investments. He spent 13 years at Putnam Investments as a research analyst and more recently as a portfolio manager there. Prior to that, he was an Associate at Dane, Falb, Stone & Co.

Kevin Martens

Start Date

Tenure

Tenure Rank

Dec 29, 2020

1.42

1.4%

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
0.05 86.59 8.12 6.71

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