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Goldman Sachs Small/Mid Cap Growth Fund
mutual fund
GSWPX
Payout Change
Suspended
Price as of:
$26.42
+0.21
+0.8%
primary theme
U.S. Mid-Cap Growth Equity
GSWPX (Mutual Fund)
Goldman Sachs Small/Mid Cap Growth Fund
Payout Change
Suspended
Price as of:
$26.42
+0.21
+0.8%
primary theme
U.S. Mid-Cap Growth Equity
GSWPX (Mutual Fund)
Goldman Sachs Small/Mid Cap Growth Fund
Payout Change
Suspended
Price as of:
$26.42
+0.21
+0.8%
primary theme
U.S. Mid-Cap Growth Equity
Name
As of 12/11/2024Price
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
20.3%
1 yr return
26.3%
3 Yr Avg Return
0.0%
5 Yr Avg Return
13.7%
Net Assets
$1.96 B
Holdings in Top 10
17.0%
52 WEEK LOW AND HIGH
$26.2
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.92%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 60.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/11/2024Price
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
GSWPX - Profile
Distributions
- YTD Total Return 20.3%
- 3 Yr Annualized Total Return 0.0%
- 5 Yr Annualized Total Return 13.7%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.61%
- Dividend Yield 0.0%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameGoldman Sachs Small/Mid Cap Growth Fund
-
Fund Family NameGoldman Sachs Fund Complex
-
Inception DateApr 17, 2018
-
Shares OutstandingN/A
-
Share ClassP
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerJessica 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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GSWPX - Performance
Return Ranking - Trailing
| Period | GSWPX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 20.3% | 4.4% | 113.0% | 60.66% |
| 1 Yr | 26.3% | 9.9% | 118.3% | 56.78% |
| 3 Yr | 0.0%* | -14.1% | 62.2% | 74.95% |
| 5 Yr | 13.7%* | -2.1% | 104.0% | 56.67% |
| 10 Yr | N/A* | 3.1% | 26.0% | 33.27% |
* Annualized
Return Ranking - Calendar
| Period | GSWPX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 14.3% | -27.7% | 68.0% | 67.12% |
| 2022 | -28.4% | -85.6% | 52.8% | 36.40% |
| 2021 | -5.6% | -74.9% | 238.3% | 65.12% |
| 2020 | 34.3% | -44.1% | 2474.5% | 28.54% |
| 2019 | 20.6% | -50.2% | 44.0% | 75.70% |
Total Return Ranking - Trailing
| Period | GSWPX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 20.3% | 4.4% | 113.0% | 60.66% |
| 1 Yr | 26.3% | 9.9% | 118.3% | 56.78% |
| 3 Yr | 0.0%* | -14.1% | 62.2% | 74.95% |
| 5 Yr | 13.7%* | -2.1% | 104.0% | 56.67% |
| 10 Yr | N/A* | 3.1% | 26.0% | 32.45% |
* Annualized
Total Return Ranking - Calendar
| Period | GSWPX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 14.3% | -26.1% | 68.0% | 84.82% |
| 2022 | -28.4% | -67.0% | 56.8% | 54.21% |
| 2021 | 8.1% | -23.5% | 342.2% | 74.19% |
| 2020 | 53.0% | 2.6% | 2549.1% | 20.83% |
| 2019 | 38.1% | 14.6% | 44.8% | 19.35% |
NAV & Total Return History
GSWPX - Holdings
Concentration Analysis
| GSWPX | Category Low | Category High | GSWPX % Rank | |
|---|---|---|---|---|
| Net Assets | 1.96 B | 2.73 M | 100 B | 36.63% |
| Number of Holdings | 107 | 24 | 3569 | 25.00% |
| Net Assets in Top 10 | 308 M | 670 K | 11.3 B | 49.03% |
| Weighting of Top 10 | 17.05% | 4.5% | 97.8% | 91.09% |
Top 10 Holdings
- Hamilton Lane Inc 2.14%
- Manhattan Associates Inc 1.95%
- Novanta Inc 1.75%
- AAON Inc 1.74%
- Kinsale Capital Group Inc 1.73%
- Natera Inc 1.62%
- Parsons Corp 1.61%
- Ashland Inc 1.55%
- Pool Corp 1.49%
- Hubbell Inc 1.47%
Asset Allocation
| Weighting | Return Low | Return High | GSWPX % Rank | |
|---|---|---|---|---|
| Stocks | 99.17% | 58.72% | 103.99% | 33.33% |
| Cash | 1.14% | 0.00% | 28.07% | 59.11% |
| Preferred Stocks | 0.00% | 0.00% | 6.15% | 41.09% |
| Other | 0.00% | -0.11% | 14.45% | 52.52% |
| Convertible Bonds | 0.00% | 0.00% | 0.40% | 31.78% |
| Bonds | 0.00% | 0.00% | 2.73% | 37.40% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | GSWPX % Rank | |
|---|---|---|---|---|
| Technology | 31.88% | 0.04% | 62.17% | 50.97% |
| Healthcare | 23.58% | 0.00% | 37.06% | 10.47% |
| Industrials | 20.20% | 0.00% | 38.23% | 11.05% |
| Consumer Cyclical | 14.21% | 0.00% | 57.41% | 50.39% |
| Financial Services | 4.02% | 0.00% | 43.01% | 79.65% |
| Basic Materials | 3.63% | 0.00% | 17.25% | 30.23% |
| Consumer Defense | 2.49% | 0.00% | 16.40% | 42.25% |
| Utilities | 0.00% | 0.00% | 12.94% | 49.61% |
| Real Estate | 0.00% | 0.00% | 19.28% | 88.18% |
| Energy | 0.00% | 0.00% | 62.10% | 75.39% |
| Communication Services | 0.00% | 0.00% | 18.33% | 92.05% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | GSWPX % Rank | |
|---|---|---|---|---|
| US | 99.17% | 46.79% | 103.99% | 27.33% |
| Non US | 0.00% | 0.00% | 34.12% | 48.26% |
GSWPX - Expenses
Operational Fees
| GSWPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.92% | 0.02% | 17.54% | 63.37% |
| Management Fee | 0.85% | 0.00% | 1.50% | 80.58% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.00% | 0.40% | N/A |
Sales Fees
| GSWPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 3.00% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| GSWPX 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.
| GSWPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 60.00% | 0.00% | 250.31% | 68.82% |
GSWPX - Distributions
Dividend Yield Analysis
| GSWPX | Category Low | Category High | GSWPX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 33.43% | 45.74% |
Dividend Distribution Analysis
| GSWPX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | None | Annual | SemiAnnual | Annual |
Net Income Ratio Analysis
| GSWPX | Category Low | Category High | GSWPX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -0.61% | -2.24% | 2.75% | 53.35% |
Capital Gain Distribution Analysis
| GSWPX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 14, 2021 | $3.774 | OrdinaryDividend |
| Dec 14, 2020 | $3.841 | OrdinaryDividend |
| Dec 12, 2019 | $0.000 | CapitalGainShortTerm |
| Dec 12, 2019 | $3.020 | CapitalGainLongTerm |
| Dec 11, 2018 | $0.242 | CapitalGainShortTerm |
| Dec 11, 2018 | $3.412 | CapitalGainLongTerm |
GSWPX - 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 | 9.42 | 11.76 |
