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Goldman Sachs Real Estate Diversified Income Fund - Goldman Sachs Real Est Diver Inc Fd USD Cls C
mutual fund
GSREX
Payout Change
Pending
Price as of:
$8.28
-0.04
-0.48%
primary theme
Real Estate Sector Equity
GSREX (Mutual Fund)
Goldman Sachs Real Estate Diversified Income Fund - Goldman Sachs Real Est Diver Inc Fd USD Cls C
Payout Change
Pending
Price as of:
$8.28
-0.04
-0.48%
primary theme
Real Estate Sector Equity
GSREX (Mutual Fund)
Goldman Sachs Real Estate Diversified Income Fund - Goldman Sachs Real Est Diver Inc Fd USD Cls C
Payout Change
Pending
Price as of:
$8.28
-0.04
-0.48%
primary theme
Real Estate Sector Equity
Name
As of 12/10/2024Price
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
Goldman Sachs Real Estate Diversified Income Fund - Goldman Sachs Real Est Diver Inc Fd USD Cls C
GSREX | Fund
$8.28
$547 M
6.44%
$0.54
3.09%
Vitals
YTD Return
-5.2%
1 yr return
-3.3%
3 Yr Avg Return
-2.3%
5 Yr Avg Return
0.2%
Net Assets
$547 M
Holdings in Top 10
51.7%
52 WEEK LOW AND HIGH
$8.3
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 3.09%
SALES FEES
Front Load N/A
Deferred Load 1.00%
TRADING FEES
Turnover 73.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$2,500
IRA
$1,000
Fund Classification
Fund Type
Closed-end mutual fund
Name
As of 12/10/2024Price
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
Goldman Sachs Real Estate Diversified Income Fund - Goldman Sachs Real Est Diver Inc Fd USD Cls C
GSREX | Fund
$8.28
$547 M
6.44%
$0.54
3.09%
GSREX - Profile
Distributions
- YTD Total Return -5.2%
- 3 Yr Annualized Total Return -2.3%
- 5 Yr Annualized Total Return 0.2%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 1.27%
- Dividend Yield 6.4%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameGoldman Sachs Real Estate Diversified Income Fund - Goldman Sachs Real Est Diver Inc Fd USD Cls C
-
Fund Family NameGoldman Sachs
-
Inception DateAug 01, 2014
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerCollin Bell
Fund Description
GSREX - Performance
Return Ranking - Trailing
| Period | GSREX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -5.2% | -6.4% | 22.4% | 98.74% |
| 1 Yr | -3.3% | -7.5% | 30.3% | 99.16% |
| 3 Yr | -2.3%* | -12.5% | 5.4% | 80.08% |
| 5 Yr | 0.2%* | -12.1% | 14.8% | 94.59% |
| 10 Yr | 3.0%* | -2.0% | 14.2% | 92.50% |
* Annualized
Return Ranking - Calendar
| Period | GSREX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | -6.7% | -16.2% | 24.6% | 92.41% |
| 2022 | -7.5% | -51.3% | 2.5% | 7.63% |
| 2021 | 9.8% | -7.7% | 52.3% | 93.62% |
| 2020 | -8.3% | -42.2% | 35.0% | 45.05% |
| 2019 | 5.8% | 0.0% | 43.1% | 88.37% |
Total Return Ranking - Trailing
| Period | GSREX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -5.2% | -6.4% | 22.4% | 98.74% |
| 1 Yr | -3.3% | -7.5% | 30.3% | 99.16% |
| 3 Yr | -2.3%* | -12.5% | 5.4% | 80.08% |
| 5 Yr | 0.2%* | -12.1% | 14.8% | 94.59% |
| 10 Yr | 3.0%* | -2.0% | 14.2% | 92.50% |
* Annualized
Total Return Ranking - Calendar
| Period | GSREX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | -1.3% | -13.7% | 25.0% | 95.36% |
| 2022 | -2.2% | -40.7% | 7.8% | 8.47% |
| 2021 | 16.7% | 7.8% | 54.6% | 95.74% |
| 2020 | -4.3% | -36.6% | 44.3% | 47.30% |
| 2019 | 8.5% | 4.1% | 46.4% | 95.81% |
NAV & Total Return History
GSREX - Holdings
Concentration Analysis
| GSREX | Category Low | Category High | GSREX % Rank | |
|---|---|---|---|---|
| Net Assets | 547 M | 2.26 M | 61.4 B | 43.29% |
| Number of Holdings | 55 | 22 | 548 | 29.83% |
| Net Assets in Top 10 | 158 M | 1.29 M | 32.8 B | 51.26% |
| Weighting of Top 10 | 51.74% | 13.2% | 82.2% | 69.33% |
Top 10 Holdings
- Heitman Core Real Estate Debt Income Trust, Lp 8.27%
- Heitman Core Real Estate Debt Income Trust, Lp 8.27%
- Heitman Core Real Estate Debt Income Trust, Lp 8.27%
- Heitman Core Real Estate Debt Income Trust, Lp 8.27%
- Heitman Core Real Estate Debt Income Trust, Lp 8.27%
- Heitman Core Real Estate Debt Income Trust, Lp 8.27%
- Heitman Core Real Estate Debt Income Trust, Lp 8.27%
- Heitman Core Real Estate Debt Income Trust, Lp 8.27%
- Heitman Core Real Estate Debt Income Trust, Lp 8.27%
- Heitman Core Real Estate Debt Income Trust, Lp 8.27%
Asset Allocation
| Weighting | Return Low | Return High | GSREX % Rank | |
|---|---|---|---|---|
| Other | 69.88% | -82.45% | 106.21% | 3.36% |
| Preferred Stocks | 19.82% | 0.00% | 31.13% | 2.94% |
| Stocks | 6.54% | 0.00% | 100.25% | 92.44% |
| Cash | 3.76% | -42.50% | 24.34% | 17.65% |
| Bonds | 0.01% | 0.00% | 149.68% | 14.71% |
| Convertible Bonds | 0.00% | 0.00% | 10.95% | 33.76% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | GSREX % Rank | |
|---|---|---|---|---|
| Real Estate | 62.95% | 34.46% | 100.00% | 96.46% |
| Financial Services | 37.05% | 0.00% | 37.05% | 1.77% |
| Utilities | 0.00% | 0.00% | 3.55% | 32.30% |
| Technology | 0.00% | 0.00% | 12.02% | 47.35% |
| Industrials | 0.00% | 0.00% | 7.39% | 37.17% |
| Healthcare | 0.00% | 0.00% | 0.53% | 32.74% |
| Energy | 0.00% | 0.00% | 33.11% | 32.74% |
| Communication Services | 0.00% | 0.00% | 11.61% | 39.38% |
| Consumer Defense | 0.00% | 0.00% | 0.93% | 30.97% |
| Consumer Cyclical | 0.00% | 0.00% | 45.29% | 58.41% |
| Basic Materials | 0.00% | 0.00% | 13.69% | 36.28% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | GSREX % Rank | |
|---|---|---|---|---|
| US | 6.54% | 0.00% | 100.25% | 92.44% |
| Non US | 0.00% | 0.00% | 37.90% | 39.50% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | GSREX % Rank | |
|---|---|---|---|---|
| Corporate | 80.72% | 0.00% | 99.81% | 4.82% |
| Cash & Equivalents | 19.24% | 0.00% | 100.00% | 3.83% |
| Securitized | 0.05% | 0.00% | 96.61% | 9.65% |
| Derivative | 0.00% | -0.02% | 1.64% | 41.70% |
| Municipal | 0.00% | 0.00% | 3.24% | 32.46% |
| Government | 0.00% | 0.00% | 69.19% | 33.77% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | GSREX % Rank | |
|---|---|---|---|---|
| US | 0.01% | 0.00% | 135.33% | 14.71% |
| Non US | 0.00% | 0.00% | 14.35% | 33.19% |
GSREX - Expenses
Operational Fees
| GSREX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 3.09% | 0.07% | 8.91% | 6.38% |
| Management Fee | 1.25% | 0.00% | 1.50% | 92.86% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.01% | 0.45% | N/A |
Sales Fees
| GSREX 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% | 1.00% | 38.71% |
Trading Fees
| GSREX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | 63.16% |
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.
| GSREX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 73.00% | 0.11% | 380.00% | 73.42% |
GSREX - Distributions
Dividend Yield Analysis
| GSREX | Category Low | Category High | GSREX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 6.44% | 0.00% | 13.03% | 31.93% |
Dividend Distribution Analysis
| GSREX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Quarterly | Annual | Quarterly | Quarterly |
Net Income Ratio Analysis
| GSREX | Category Low | Category High | GSREX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 1.27% | -1.14% | 6.05% | 37.87% |
Capital Gain Distribution Analysis
| GSREX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Semi-Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Sep 27, 2024 | $0.134 | OrdinaryDividend |
| Mar 27, 2024 | $0.135 | OrdinaryDividend |
| Dec 28, 2023 | $0.133 | OrdinaryDividend |
| Sep 28, 2023 | $0.132 | OrdinaryDividend |
| Jun 29, 2023 | $0.132 | OrdinaryDividend |
| Mar 30, 2023 | $0.132 | OrdinaryDividend |
| Dec 29, 2022 | $0.179 | OrdinaryDividend |
| Sep 29, 2022 | $0.130 | OrdinaryDividend |
| Jun 29, 2022 | $0.130 | OrdinaryDividend |
| Mar 30, 2022 | $0.131 | OrdinaryDividend |
| Dec 30, 2021 | $0.236 | OrdinaryDividend |
| Sep 29, 2021 | $0.130 | OrdinaryDividend |
| Jun 29, 2021 | $0.131 | OrdinaryDividend |
| Mar 30, 2021 | $0.132 | OrdinaryDividend |
| Dec 30, 2020 | $0.132 | OrdinaryDividend |
| Jun 29, 2020 | $0.130 | OrdinaryDividend |
| Mar 20, 2020 | $0.133 | OrdinaryDividend |
| Sep 20, 2019 | $0.130 | OrdinaryDividend |
| Mar 22, 2019 | $0.130 | OrdinaryDividend |
| Dec 21, 2018 | $0.131 | OrdinaryDividend |
| Sep 21, 2018 | $0.130 | OrdinaryDividend |
| Jun 22, 2018 | $0.130 | OrdinaryDividend |
| Mar 23, 2018 | $0.131 | OrdinaryDividend |
| Dec 22, 2017 | $0.131 | OrdinaryDividend |
| Sep 22, 2017 | $0.131 | OrdinaryDividend |
| Jun 23, 2017 | $0.130 | OrdinaryDividend |
| Mar 24, 2017 | $0.131 | OrdinaryDividend |
| Dec 30, 2016 | $0.032 | CapitalGainShortTerm |
| Dec 29, 2016 | $0.130 | OrdinaryDividend |
| Sep 29, 2016 | $0.130 | OrdinaryDividend |
| Jun 29, 2016 | $0.131 | OrdinaryDividend |
| Mar 30, 2016 | $0.132 | OrdinaryDividend |
| Dec 30, 2015 | $0.131 | OrdinaryDividend |
| Sep 29, 2015 | $0.131 | OrdinaryDividend |
| Jun 29, 2015 | $0.131 | OrdinaryDividend |
| Mar 30, 2015 | $0.131 | OrdinaryDividend |
| Dec 30, 2014 | $0.130 | OrdinaryDividend |
| Sep 29, 2014 | $0.152 | OrdinaryDividend |
GSREX - Fund Manager Analysis
Managers
Collin Bell
Start Date
Tenure
Tenure Rank
Mar 09, 2020
2.23
2.2%
Collin Bell, is a Managing Director with GSAM. Prior to joining GSAM in 2008, he was a research analyst and senior relationship manager within affiliates of Goldman, Sachs & Co. Mr. Bell holds a B.A. from Amherst College.
Timothy Ryan
Start Date
Tenure
Tenure Rank
Mar 09, 2020
2.23
2.2%
Timothy Ryan is a Managing Director of Goldman Sachs Asset Management, L.P.Tim is a portfolio manager for the US Value Equity Team. Tim has research responsibilities over the Office, Diversified, Healthcare and Industrial US REIT sectors, in addition to his Regional Bank coverage across the Value portfolios. Tim has 16 years of industry experience. Before joining GSAM, he spent six years at Oppenheimer Funds where he had research responsibility for the Financial Services sector across all market capitalizations. Prior to that, he was a Financials research analyst at Credit Suisse Asset Management and JP Morgan Investment Management Company. He received a BA in Mathematics and Economics from Boston College and an MBA from Columbia Business School.
Sean Brenan
Start Date
Tenure
Tenure Rank
Mar 09, 2020
2.23
2.2%
Kristin Kuney
Start Date
Tenure
Tenure Rank
Jun 29, 2021
0.92
0.9%
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
Alicia Li
Start Date
Tenure
Tenure Rank
Jan 28, 2022
0.34
0.3%
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.01 | 28.42 | 8.32 | 16.42 |
