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Goldman Sachs U.S. Equity ESG Fund
mutual fund
GDEUX
Payout Change
Pending
Price as of:
$23.45
-0.12
-0.51%
primary theme
U.S. Large-Cap Blend Equity
GDEUX (Mutual Fund)
Goldman Sachs U.S. Equity ESG Fund
Payout Change
Pending
Price as of:
$23.45
-0.12
-0.51%
primary theme
U.S. Large-Cap Blend Equity
GDEUX (Mutual Fund)
Goldman Sachs U.S. Equity ESG Fund
Payout Change
Pending
Price as of:
$23.45
-0.12
-0.51%
primary theme
U.S. Large-Cap Blend 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
Vitals
YTD Return
25.9%
1 yr return
30.7%
3 Yr Avg Return
7.1%
5 Yr Avg Return
14.3%
Net Assets
$26.6 M
Holdings in Top 10
43.3%
52 WEEK LOW AND HIGH
$23.6
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.86%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 31.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$5,000,000
IRA
N/A
Fund Classification
Fund Type
Open 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
GDEUX - Profile
Distributions
- YTD Total Return 25.9%
- 3 Yr Annualized Total Return 7.1%
- 5 Yr Annualized Total Return 14.3%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.60%
- Dividend Yield 0.6%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameGoldman Sachs U.S. Equity ESG Fund
-
Fund Family NameGoldman Sachs Fund Complex
-
Inception DateJul 31, 2015
-
Shares OutstandingN/A
-
Share ClassR6
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerStephen Becker
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 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 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 growth of capital.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; and◼thermal 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 seeks to provide broad U.S. equity market exposure by investing in securities of U.S. issuers of any investment style and any market capitalization.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, in non-U.S. issuers, and in fixed income securities, such as government, corporate and bank debt obligations.The Fund’s performance benchmark index is the S&P 500® Index.
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GDEUX - Performance
Return Ranking - Trailing
| Period | GDEUX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 25.9% | -25.4% | 48.4% | 49.96% |
| 1 Yr | 30.7% | -1.5% | 58.3% | 49.13% |
| 3 Yr | 7.1%* | -5.8% | 19.4% | 76.40% |
| 5 Yr | 14.3%* | -7.6% | 110.8% | 50.09% |
| 10 Yr | N/A* | -0.1% | 53.0% | 63.00% |
* Annualized
Return Ranking - Calendar
| Period | GDEUX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 20.8% | -42.6% | 47.4% | 40.00% |
| 2022 | -21.1% | -56.3% | -4.2% | 51.33% |
| 2021 | 24.9% | -27.2% | 537.8% | 16.40% |
| 2020 | 9.1% | -22.5% | 2181.7% | 66.37% |
| 2019 | 25.6% | -13.5% | 40.4% | 36.13% |
Total Return Ranking - Trailing
| Period | GDEUX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 25.9% | -25.4% | 48.4% | 49.96% |
| 1 Yr | 30.7% | -1.5% | 58.3% | 49.13% |
| 3 Yr | 7.1%* | -5.8% | 19.4% | 76.40% |
| 5 Yr | 14.3%* | -7.6% | 110.8% | 50.09% |
| 10 Yr | N/A* | -0.1% | 53.0% | 60.25% |
* Annualized
Total Return Ranking - Calendar
| Period | GDEUX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 21.7% | -5.0% | 47.4% | 64.13% |
| 2022 | -20.5% | -36.8% | -2.2% | 84.94% |
| 2021 | 27.5% | 3.0% | 537.8% | 41.34% |
| 2020 | 21.8% | -15.8% | 2266.0% | 12.55% |
| 2019 | 31.4% | -0.4% | 241.3% | 26.73% |
NAV & Total Return History
GDEUX - Holdings
Concentration Analysis
| GDEUX | Category Low | Category High | GDEUX % Rank | |
|---|---|---|---|---|
| Net Assets | 26.6 M | 2.34 M | 1.55 T | 96.62% |
| Number of Holdings | 42 | 2 | 3963 | 87.64% |
| Net Assets in Top 10 | 12.3 M | 880 K | 525 B | 96.13% |
| Weighting of Top 10 | 43.34% | 0.3% | 111.6% | 21.01% |
Top 10 Holdings
- Apple Inc 7.71%
- Microsoft Corp 7.15%
- NVIDIA Corp 5.29%
- Amazon.com Inc 4.07%
- JPMorgan Chase Co 3.91%
- Alphabet Inc 3.90%
- Procter Gamble Co/The 3.01%
- Morgan Stanley 2.79%
- NextEra Energy Inc 2.78%
- Walmart Inc 2.74%
Asset Allocation
| Weighting | Return Low | Return High | GDEUX % Rank | |
|---|---|---|---|---|
| Stocks | 99.48% | 0.00% | 105.79% | 32.37% |
| Cash | 0.52% | 0.00% | 99.07% | 63.59% |
| Preferred Stocks | 0.00% | 0.00% | 2.03% | 16.64% |
| Other | 0.00% | -13.91% | 100.00% | 44.56% |
| Convertible Bonds | 0.00% | 0.00% | 5.54% | 11.65% |
| Bonds | 0.00% | 0.00% | 93.85% | 18.37% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | GDEUX % Rank | |
|---|---|---|---|---|
| Technology | 28.46% | 0.00% | 48.94% | 9.65% |
| Healthcare | 12.00% | 0.00% | 52.29% | 86.24% |
| Consumer Cyclical | 11.94% | 0.00% | 30.33% | 19.21% |
| Communication Services | 10.98% | 0.00% | 27.94% | 12.16% |
| Industrials | 10.84% | 0.00% | 29.90% | 25.59% |
| Financial Services | 9.47% | 0.00% | 55.59% | 93.88% |
| Consumer Defense | 5.10% | 0.00% | 47.71% | 83.72% |
| Utilities | 4.81% | 0.00% | 20.91% | 9.06% |
| Basic Materials | 4.12% | 0.00% | 25.70% | 18.46% |
| Real Estate | 2.29% | 0.00% | 31.91% | 63.09% |
| Energy | 0.00% | 0.00% | 41.64% | 86.16% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | GDEUX % Rank | |
|---|---|---|---|---|
| US | 99.48% | 0.00% | 105.79% | 27.18% |
| Non US | 0.00% | 0.00% | 63.83% | 28.01% |
GDEUX - Expenses
Operational Fees
| GDEUX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.86% | 0.01% | 19.75% | 6.63% |
| Management Fee | 0.55% | 0.00% | 1.90% | 55.46% |
| 12b-1 Fee | 0.00% | 0.00% | 1.00% | 2.68% |
| Administrative Fee | N/A | 0.00% | 0.85% | N/A |
Sales Fees
| GDEUX 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 | 1.00% | 5.00% | N/A |
Trading Fees
| GDEUX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 0.25% | 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.
| GDEUX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 31.00% | 0.00% | 268.00% | 61.19% |
GDEUX - Distributions
Dividend Yield Analysis
| GDEUX | Category Low | Category High | GDEUX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.62% | 0.00% | 25.47% | 71.18% |
Dividend Distribution Analysis
| GDEUX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | None | Annual | Quarterly | Annual |
Net Income Ratio Analysis
| GDEUX | Category Low | Category High | GDEUX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.60% | -54.00% | 2.44% | 55.39% |
Capital Gain Distribution Analysis
| GDEUX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 18, 2023 | $0.146 | OrdinaryDividend |
| Dec 16, 2022 | $0.119 | OrdinaryDividend |
| Dec 16, 2021 | $0.036 | OrdinaryDividend |
| Dec 14, 2021 | $0.348 | OrdinaryDividend |
| Dec 16, 2020 | $0.115 | OrdinaryDividend |
| Dec 14, 2020 | $1.625 | OrdinaryDividend |
| Dec 18, 2019 | $0.187 | OrdinaryDividend |
| Dec 12, 2019 | $0.457 | CapitalGainLongTerm |
| Dec 19, 2018 | $0.110 | OrdinaryDividend |
| Dec 11, 2018 | $1.093 | CapitalGainLongTerm |
| Dec 20, 2017 | $0.137 | OrdinaryDividend |
| Dec 11, 2017 | $0.050 | CapitalGainShortTerm |
| Dec 11, 2017 | $2.957 | CapitalGainLongTerm |
| Dec 20, 2016 | $0.136 | OrdinaryDividend |
| Dec 09, 2016 | $0.002 | CapitalGainLongTerm |
| Dec 21, 2015 | $0.139 | OrdinaryDividend |
| Dec 10, 2015 | $0.208 | CapitalGainShortTerm |
| Dec 10, 2015 | $1.147 | CapitalGainLongTerm |
GDEUX - Fund Manager Analysis
Managers
Stephen Becker
Start Date
Tenure
Tenure Rank
Nov 30, 2009
12.51
12.5%
Mr. Becker joined Goldman Sachs Asset Management, L.P. in 1999. He is Managing Director and Co-Chief Investment Officer of Fundamental Equity U.S. Equity.
Steven Barry
Start Date
Tenure
Tenure Rank
Sep 14, 2010
11.72
11.7%
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.
Kevin Martens
Start Date
Tenure
Tenure Rank
Aug 30, 2020
1.75
1.8%
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 |
|---|---|---|---|
| 0.04 | 39.02 | 7.27 | 2.42 |
