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Trending ETFs

Goldman Sachs International Equity ESG Fund

mutual fund
GTFPX
Payout Change
Pending
Price as of:
$29.02 -0.17 -0.58%
primary theme
International Large-Cap Blend Equity
GTFPX (Mutual Fund)

Goldman Sachs International Equity ESG Fund

Payout Change
Pending
Price as of:
$29.02 -0.17 -0.58%
primary theme
International Large-Cap Blend Equity
GTFPX (Mutual Fund)

Goldman Sachs International Equity ESG Fund

Payout Change
Pending
Price as of:
$29.02 -0.17 -0.58%
primary theme
International Large-Cap Blend Equity

Name

As of 05/21/2024

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

$29.02

$1.1 B

1.53%

$0.45

0.97%

Vitals

YTD Return

6.7%

1 yr return

8.8%

3 Yr Avg Return

2.9%

5 Yr Avg Return

11.3%

Net Assets

$1.1 B

Holdings in Top 10

36.7%

52 WEEK LOW AND HIGH

$29.2
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.97%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 39.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$0

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 05/21/2024

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

$29.02

$1.1 B

1.53%

$0.45

0.97%

GTFPX - Profile

Distributions

  • YTD Total Return 6.7%
  • 3 Yr Annualized Total Return 2.9%
  • 5 Yr Annualized Total Return 11.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.16%
DIVIDENDS
  • Dividend Yield 1.5%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    Goldman Sachs International Equity ESG Fund
  • Fund Family Name
    Goldman Sachs Fund Complex
  • Inception Date
    Apr 16, 2018
  • Shares Outstanding
    N/A
  • Share Class
    P
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Alexis Deladerrière

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 non-U.S. issuers that the Investment Adviser believes adhere to the Fund’s environmental, social and governance (“ESG”) criteria. Such equity investments may include exchange-traded funds (“ETFs”), futures and other instruments with similar economic exposures. The Fund intends to have investments economically tied to at least three countries, not including the United States, and may invest in the securities of issuers in emerging market countries.The Fund seeks to achieve its investment objective by investing, under normal circumstances, in approximately 30-50 companies that are considered by the Investment Adviser to be positioned for long-term capital appreciation.The Fund’s ESG criteria are generally designed to exclude companies that are directly engaged in, and/or derive significant revenue from, certain industries or product lines, including, but not limited to:alcohol;tobacco;gambling;adult entertainment;for-profit prisons;weapons;oil and gas exploration and production;thermal coal mining; andthermal coal power generation.In determining whether a company is directly engaged in, and/or derives significant revenue from, the industries or product lines listed above, the Fund will use revenue thresholds for certain industries or product lines (e.g., companies that derive more than 5% of revenue from tobacco) and categorical exclusions for other industries or product lines (e.g., companies that derive any revenue from controversial weapons) and apply such thresholds and exclusions to data provided by one or more third-party vendor(s). Generally, the highest revenue threshold used will be 5%. The Investment Adviser, in its sole discretion, retains the right not to use data provided by third-party vendors where it deems the data to be not representative of a company’s current business operations. In such cases, or where data on specific companies may not be available from third-party vendors, the Investment Adviser may make reasonable estimates or otherwise exercise its discretion. The Fund’s ESG criteria may be updated periodically to, among other things, add or remove certain industries or product lines from the screening process, revise the revenue thresholds and categorical exclusions applicable to such activities, or change particular industries or product lines from a categorical exclusion to a revenue threshold, or vice versa.Once the Investment Adviser determines that an issuer meets the Fund’s ESG criteria, the Investment Adviser conducts a supplemental analysis of individual companies’ corporate governance factors and a range of environmental and social factors that may vary by sector. This supplemental analysis will be conducted alongside traditional fundamental, bottom-up financial analysis of individual companies, using traditional fundamental metrics.The Investment Adviser may engage in active dialogues with company management teams to further inform investment decision-making and to foster best corporate governance practices using its fundamental and ESG analysis. The Fund may invest in a company prior to completion of the supplemental analysis or without engaging with company management. Instances in which the supplemental analysis may not be completed prior to investment include but are not limited to initial public offerings (“IPOs”), in-kind transfers, corporate actions, and/or certain short-term holdings.The Investment Adviser may sell holdings for several reasons, including, among others, changes in a company’s fundamentals or earnings, a company no longer meeting the Fund’s ESG criteria, or a company otherwise failing to conform to the Investment Adviser’s investment philosophy.The Fund expects to invest a substantial portion of its assets in the securities of issuers located in the developed countries of Western Europe and in Japan, but may also invest in securities of issuers located in emerging market countries. The Fund’s investments in a particular developed country may exceed 25% of its investment portfolio.The Fund may also invest up to 20% of its Net Assets in equity investments that may not adhere to the Fund’s ESG criteria and in fixed income securities, such as government, corporate and bank debt obligations.The Fund’s performance benchmark index is the Morgan Stanley Capital International (MSCI) Europe, Australasia, Far East (EAFE) Index (Net, USD, Unhedged).
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GTFPX - Performance

Return Ranking - Trailing

Period GTFPX Return Category Return Low Category Return High Rank in Category (%)
YTD 6.7% -0.3% 34.2% 79.97%
1 Yr 8.8% -1.8% 25.9% 92.90%
3 Yr 2.9%* -14.8% 47.1% 32.24%
5 Yr 11.3%* -34.2% 77.4% 4.71%
10 Yr N/A* 0.0% 16.5% 5.62%

* Annualized

Return Ranking - Calendar

Period GTFPX Return Category Return Low Category Return High Rank in Category (%)
2023 13.9% -7.3% 22.0% 40.39%
2022 -18.3% -43.6% 71.3% 51.16%
2021 9.4% -28.5% 18.9% 12.76%
2020 22.9% -90.1% 992.1% 5.18%
2019 25.6% -1.9% 38.8% 5.31%

Total Return Ranking - Trailing

Period GTFPX Return Category Return Low Category Return High Rank in Category (%)
YTD 6.7% -0.3% 34.2% 79.97%
1 Yr 8.8% -1.8% 25.9% 92.90%
3 Yr 2.9%* -14.8% 47.1% 32.24%
5 Yr 11.3%* -34.2% 77.4% 4.71%
10 Yr N/A* 0.0% 16.5% 5.27%

* Annualized

Total Return Ranking - Calendar

Period GTFPX Return Category Return Low Category Return High Rank in Category (%)
2023 15.8% 3.2% 41.4% 56.73%
2022 -17.4% -43.6% 144.8% 70.11%
2021 16.7% -22.6% 56.0% 4.09%
2020 23.3% -89.7% 1010.8% 5.66%
2019 28.1% 4.3% 38.8% 5.48%

NAV & Total Return History


GTFPX - Holdings

Concentration Analysis

GTFPX Category Low Category High GTFPX % Rank
Net Assets 1.1 B 2.56 M 425 B 41.72%
Number of Holdings 36 1 10801 91.53%
Net Assets in Top 10 401 M 0 41 B 31.62%
Weighting of Top 10 36.65% 2.7% 112.8% 16.03%

Top 10 Holdings

  1. Zurich Insurance Group AG 4.27%
  2. AstraZeneca PLC 4.06%
  3. DSM-Firmenich AG 3.98%
  4. Nestle SA 3.94%
  5. Iberdrola SA 3.77%
  6. Cellnex Telecom SA 3.46%
  7. Lonza Group AG 3.38%
  8. BNP Paribas SA 3.28%
  9. Nomura Research Institute Ltd 3.26%
  10. Sumitomo Mitsui Financial Group Inc 3.25%

Asset Allocation

Weighting Return Low Return High GTFPX % Rank
Stocks
96.84% 0.00% 122.60% 61.57%
Cash
3.16% -22.43% 100.00% 24.66%
Preferred Stocks
0.00% -0.01% 7.80% 56.13%
Other
0.00% -2.05% 43.01% 55.82%
Convertible Bonds
0.00% 0.00% 4.18% 12.59%
Bonds
0.00% -0.92% 71.30% 20.27%

Stock Sector Breakdown

Weighting Return Low Return High GTFPX % Rank
Industrials
21.15% 5.17% 99.49% 6.05%
Financial Services
16.28% 0.00% 47.75% 71.16%
Healthcare
12.83% 0.00% 21.01% 40.31%
Consumer Cyclical
11.52% 0.00% 36.36% 24.03%
Technology
10.49% 0.00% 36.32% 61.24%
Consumer Defense
7.30% 0.00% 32.29% 83.26%
Communication Services
5.40% 0.00% 21.69% 62.95%
Utilities
4.48% 0.00% 13.68% 14.88%
Energy
4.25% 0.00% 16.89% 66.20%
Real Estate
3.30% 0.00% 14.59% 14.57%
Basic Materials
2.99% 0.00% 23.86% 91.47%

Stock Geographic Breakdown

Weighting Return Low Return High GTFPX % Rank
Non US
93.70% 0.00% 121.07% 37.67%
US
3.14% 0.00% 103.55% 58.55%

GTFPX - Expenses

Operational Fees

GTFPX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.97% 0.01% 19.62% 53.94%
Management Fee 0.85% 0.00% 1.65% 89.55%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 1.00% N/A

Sales Fees

GTFPX 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

GTFPX 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.

GTFPX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 39.00% 2.00% 247.00% 53.23%

GTFPX - Distributions

Dividend Yield Analysis

GTFPX Category Low Category High GTFPX % Rank
Dividend Yield 1.53% 0.00% 25.02% 70.48%

Dividend Distribution Analysis

GTFPX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annual SemiAnnual Annual

Net Income Ratio Analysis

GTFPX Category Low Category High GTFPX % Rank
Net Income Ratio 1.16% -0.93% 6.38% 67.13%

Capital Gain Distribution Analysis

GTFPX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Monthly Annually

Distributions History

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GTFPX - Fund Manager Analysis

Managers

Alexis Deladerrière


Start Date

Tenure

Tenure Rank

Feb 28, 2012

10.26

10.3%

Alexis Deladerrière, CFA,is the Head of International Developed Markets Equity within the Fundamental U.S. Equity team including the International Equity ESG and International Equity Income strategies. He joined Goldman Sachs Asset Management, L.P. in July 2002 as a research analyst. Mr. Deladerrière graduated from the École Supérieure de Commerce de Paris (ESCP-EAP) in 2002 with a Masters degree in Finance, Economics and General Management. As part of his studies he worked at Crédit Lyonnais and A.T. Kearney in Paris.

Abhishek Periwal


Start Date

Tenure

Tenure Rank

Jul 17, 2018

3.87

3.9%

Vice President, Co-Lead Portfolio Manager, Global Equity – New York Abhishek is a portfolio manager on the Global Equity team within GSAM Fundamental Equity, where he is a co-lead portfolio manager for International Equity and responsible for GSAM’s International Equity ESG and International Equity Income strategies. He is also the Global Sector Lead for the Industrials sector. Abhishek joined GSAM in 2007 as an investment analyst and has been a part of the investment team for the past 12 years. He earned a Bachelor of Commerce from Kolkata University in India in 2004 and an MBA from the Management Development Institute (MDI) in 2007. Abhishek was awarded the Chartered Financial Analyst (CFA) from the Institute of Chartered Financial Analysts of India (ICFAI) in 2006.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 30.35 6.34 13.67