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Trending ETFs

Goldman Sachs Small/Mid Cap Growth Fund

mutual fund
GSMGX
Payout Change
Suspended
Price as of:
$14.6 +0.18 +1.25%
primary theme
U.S. Mid-Cap Growth Equity
GSMGX (Mutual Fund)

Goldman Sachs Small/Mid Cap Growth Fund

Payout Change
Suspended
Price as of:
$14.6 +0.18 +1.25%
primary theme
U.S. Mid-Cap Growth Equity
GSMGX (Mutual Fund)

Goldman Sachs Small/Mid Cap Growth Fund

Payout Change
Suspended
Price as of:
$14.6 +0.18 +1.25%
primary theme
U.S. Mid-Cap Growth Equity

Name

As of 05/24/2024

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

$14.60

$1.96 B

0.00%

2.04%

Vitals

YTD Return

10.9%

1 yr return

21.1%

3 Yr Avg Return

-2.6%

5 Yr Avg Return

10.5%

Net Assets

$1.96 B

Holdings in Top 10

18.9%

52 WEEK LOW AND HIGH

$14.4
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 2.04%

SALES FEES

Front Load N/A

Deferred Load 1.00%

TRADING FEES

Turnover 60.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$1,000

IRA

$250


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 05/24/2024

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

$14.60

$1.96 B

0.00%

2.04%

GSMGX - Profile

Distributions

  • YTD Total Return 10.9%
  • 3 Yr Annualized Total Return -2.6%
  • 5 Yr Annualized Total Return 10.5%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -1.69%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    Goldman Sachs Small/Mid Cap Growth Fund
  • Fund Family Name
    Goldman Sachs
  • Inception Date
    Jun 30, 2005
  • Shares Outstanding
    N/A
  • Share Class
    C
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Jessica Katz

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 small and mid-cap issuers. Small or mid-cap issuers are issuers with public stock market capitalizations (based upon shares available for trading on an unrestricted basis) between$100million and $50billion.TheFund mayalso invest in securities outside of this capitalization range at the time of investment. If the market capitalization of a company held by the Fund moves outside this range, the Fund may, but is not required to, sell the securities. The Fund seeks to achieve its investment objective by investing, under normal circumstances, in companies that are considered by the Investment Adviser to be positioned for long-term growth. Although the Fund invests primarily in publicly traded U.S. securities, 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 Fund may also invest in privately held companies and companies that only recently began to trade publicly.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 or a company no longer fits within the Fund’s definition of a small/mid cap company. In addition, the Investment Adviser may sell a position in order to meet shareholder redemptions.The Fund may invest up to 20% of its Net Assets in fixed income securities, such as government, corporate and bank debt obligations.The Fund’s benchmark index is the Russell 2500®Growth Index.
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GSMGX - Performance

Return Ranking - Trailing

Period GSMGX Return Category Return Low Category Return High Rank in Category (%)
YTD 10.9% -15.6% 30.2% 21.40%
1 Yr 21.1% 2.7% 58.0% 53.23%
3 Yr -2.6%* -26.5% 58.4% 74.41%
5 Yr 10.5%* -2.1% 100.5% 46.97%
10 Yr 9.6%* 0.1% 25.2% 64.03%

* Annualized

Return Ranking - Calendar

Period GSMGX Return Category Return Low Category Return High Rank in Category (%)
2023 13.1% -27.7% 68.0% 74.67%
2022 -29.2% -85.6% 52.8% 40.87%
2021 -13.6% -74.9% 238.3% 83.95%
2020 25.3% -44.1% 2474.5% 55.87%
2019 13.7% -50.2% 44.0% 88.94%

Total Return Ranking - Trailing

Period GSMGX Return Category Return Low Category Return High Rank in Category (%)
YTD 10.9% -15.6% 30.2% 21.40%
1 Yr 21.1% 2.7% 58.0% 53.23%
3 Yr -2.6%* -26.5% 58.4% 74.41%
5 Yr 10.5%* -2.1% 100.5% 46.97%
10 Yr 9.6%* 0.1% 25.2% 64.03%

* Annualized

Total Return Ranking - Calendar

Period GSMGX Return Category Return Low Category Return High Rank in Category (%)
2023 13.1% -26.1% 68.0% 91.30%
2022 -29.2% -67.0% 56.8% 60.27%
2021 6.9% -23.5% 342.2% 79.06%
2020 51.4% 2.6% 2549.1% 23.28%
2019 36.7% 14.6% 44.8% 30.69%

NAV & Total Return History


GSMGX - Holdings

Concentration Analysis

GSMGX Category Low Category High GSMGX % Rank
Net Assets 1.96 B 2.73 M 100 B 35.22%
Number of Holdings 96 25 3644 26.55%
Net Assets in Top 10 370 M 449 K 9.69 B 45.57%
Weighting of Top 10 18.87% 4.2% 98.2% 88.51%

Top 10 Holdings

  1. Deckers Outdoor Corp 2.45%
  2. elf Beauty Inc 2.05%
  3. Lincoln Electric Holdings Inc 1.96%
  4. Kinsale Capital Group Inc 1.95%
  5. EMCOR Group Inc 1.95%
  6. Wingstop Inc 1.77%
  7. Tetra Tech Inc 1.72%
  8. Pure Storage Inc 1.72%
  9. Novanta Inc 1.65%
  10. Celsius Holdings Inc 1.64%

Asset Allocation

Weighting Return Low Return High GSMGX % Rank
Stocks
98.86% 58.72% 101.30% 38.23%
Cash
2.09% 0.00% 38.96% 44.07%
Preferred Stocks
0.00% 0.00% 5.46% 28.06%
Other
0.00% -0.18% 16.96% 44.82%
Convertible Bonds
0.00% 0.00% 0.40% 17.89%
Bonds
0.00% -3.09% 3.50% 22.79%

Stock Sector Breakdown

Weighting Return Low Return High GSMGX % Rank
Technology
31.88% 0.04% 62.17% 51.41%
Healthcare
23.58% 0.00% 37.06% 10.55%
Industrials
20.20% 0.00% 38.23% 10.55%
Consumer Cyclical
14.21% 0.00% 57.41% 49.91%
Financial Services
4.02% 0.00% 43.01% 79.10%
Basic Materials
3.63% 0.00% 17.25% 30.32%
Consumer Defense
2.49% 0.00% 16.40% 41.81%
Utilities
0.00% 0.00% 12.94% 40.30%
Real Estate
0.00% 0.00% 19.28% 86.25%
Energy
0.00% 0.00% 62.10% 68.17%
Communication Services
0.00% 0.00% 18.33% 91.15%

Stock Geographic Breakdown

Weighting Return Low Return High GSMGX % Rank
US
98.86% 46.79% 101.30% 29.19%
Non US
0.00% 0.00% 34.57% 38.79%

GSMGX - Expenses

Operational Fees

GSMGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 2.04% 0.02% 17.54% 7.53%
Management Fee 0.85% 0.00% 1.50% 79.81%
12b-1 Fee 0.75% 0.00% 1.00% 79.59%
Administrative Fee N/A 0.00% 0.40% N/A

Sales Fees

GSMGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.00% 5.75% N/A
Deferred Load 1.00% 1.00% 5.00% 21.67%

Trading Fees

GSMGX 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.

GSMGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 60.00% 0.00% 250.31% 68.68%

GSMGX - Distributions

Dividend Yield Analysis

GSMGX Category Low Category High GSMGX % Rank
Dividend Yield 0.00% 0.00% 33.43% 33.52%

Dividend Distribution Analysis

GSMGX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annual Annual Annual

Net Income Ratio Analysis

GSMGX Category Low Category High GSMGX % Rank
Net Income Ratio -1.69% -2.24% 2.75% 97.32%

Capital Gain Distribution Analysis

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

Distributions History

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GSMGX - Fund Manager Analysis

Managers

Jessica Katz


Start Date

Tenure

Tenure Rank

Feb 04, 2019

3.32

3.3%

Jessica is a Co-Lead portfolio manager on the Goldman Sachs Asset Management (GSAM) Fundamental Equity team focused on the US Small and Small/Mid Cap Growth strategies, in which she has broad research responsibilities and oversees the portfolio construction and investment research.  Prior to joining the firm, she spent over 7 years as a Research Analyst at Eaton Vance Management. Jessica began her investment career at Fidelity Investments, where she was an Industrials Specialist. Jessica has 13 years of investment experience. She earned a BS in Mathematics and Computer Science from Salem State University in 2005.

Steven Barry


Start Date

Tenure

Tenure Rank

Feb 25, 2019

3.26

3.3%

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.

Greg Tuorto


Start Date

Tenure

Tenure Rank

Sep 30, 2019

2.67

2.7%

Greg is a Co-Lead portfolio manager on the Goldman Sachs Asset Management (GSAM) Fundamental Equity team focused on the US Small and Small/Mid Cap Growth strategies, in which he has broad research responsibilities and oversees portfolio construction and investment research. Prior to joining Goldman Sachs, he spent over 11 years at J.P. Morgan Asset Management, where he was a portfolio manager focused on small cap growth as well as a technology-focused strategy, in addition to having responsibility for the technology sector across several additional funds. He was previously a senior technology analyst for the small and mid cap team at Jennison Associates and prior to that, he was a small cap portfolio manager and technology analyst at The Guardian Park Avenue Funds. He also was a technology analyst at the Dreyfus Corporation and Tocqueville Asset Management. Greg has 26 years of investment experience. He has an MBA from Monmouth University and a BA from Catholic University.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 36.3 9.39 11.76