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Goldman Sachs Mid Cap Growth Fund
mutual fund
GGQPX
Payout Change
Suspended
Price as of:
$24.72
+0.27
+1.1%
primary theme
U.S. Mid-Cap Growth Equity
GGQPX (Mutual Fund)
Goldman Sachs Mid Cap Growth Fund
Payout Change
Suspended
Price as of:
$24.72
+0.27
+1.1%
primary theme
U.S. Mid-Cap Growth Equity
GGQPX (Mutual Fund)
Goldman Sachs Mid Cap Growth Fund
Payout Change
Suspended
Price as of:
$24.72
+0.27
+1.1%
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
29.0%
1 yr return
35.7%
3 Yr Avg Return
4.8%
5 Yr Avg Return
18.8%
Net Assets
$954 M
Holdings in Top 10
23.7%
52 WEEK LOW AND HIGH
$24.5
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.01%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 57.00%
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
GGQPX - Profile
Distributions
- YTD Total Return 29.0%
- 3 Yr Annualized Total Return 4.8%
- 5 Yr Annualized Total Return 18.8%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.53%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameGoldman Sachs Mid Cap Growth Fund
-
Fund Family NameGoldman Sachs Fund Complex
-
Inception DateApr 17, 2018
-
Shares OutstandingN/A
-
Share ClassP
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerSteven Barry
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 mid-cap issuers. Mid‑cap issuers are issuers with public stock market capitalizations (based upon shares available for trading on an unrestricted basis) between$1billion and$50billion.The Fund may also invest in securitiesoutside of this capitalization range at the time of investment. If the market capitalization of acompany held by the Fund moves outside this range, the Fund may, but is not required to,sell the securities. Although the Fund invests primarily in publicly traded U.S. securities, it may invest up to 25% of its Total 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 mid cap company. In addition, the Investment Adviser may sell a position in order to meet shareholder redemptions.The Fund’s benchmark index is the Russell Midcap®Growth Index.
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GGQPX - Performance
Return Ranking - Trailing
| Period | GGQPX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 29.0% | 4.4% | 113.0% | 26.74% |
| 1 Yr | 35.7% | 9.9% | 118.3% | 22.09% |
| 3 Yr | 4.8%* | -14.1% | 62.2% | 26.61% |
| 5 Yr | 18.8%* | -2.1% | 104.0% | 19.17% |
| 10 Yr | N/A* | 3.1% | 26.0% | 62.68% |
* Annualized
Return Ranking - Calendar
| Period | GGQPX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 19.2% | -27.7% | 68.0% | 49.42% |
| 2022 | -30.5% | -85.6% | 52.8% | 49.12% |
| 2021 | -2.1% | -74.9% | 238.3% | 52.62% |
| 2020 | 22.9% | -44.1% | 2474.5% | 62.92% |
| 2019 | 6.4% | -50.2% | 44.0% | 94.62% |
Total Return Ranking - Trailing
| Period | GGQPX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 29.0% | 4.4% | 113.0% | 26.74% |
| 1 Yr | 35.7% | 9.9% | 118.3% | 22.09% |
| 3 Yr | 4.8%* | -14.1% | 62.2% | 26.61% |
| 5 Yr | 18.8%* | -2.1% | 104.0% | 19.17% |
| 10 Yr | N/A* | 3.1% | 26.0% | 60.65% |
* Annualized
Total Return Ranking - Calendar
| Period | GGQPX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 19.2% | -26.1% | 68.0% | 59.34% |
| 2022 | -26.4% | -67.0% | 56.8% | 39.73% |
| 2021 | 11.7% | -23.5% | 342.2% | 56.05% |
| 2020 | 44.8% | 2.6% | 2549.1% | 30.42% |
| 2019 | 34.8% | 14.6% | 44.8% | 42.37% |
NAV & Total Return History
GGQPX - Holdings
Concentration Analysis
| GGQPX | Category Low | Category High | GGQPX % Rank | |
|---|---|---|---|---|
| Net Assets | 954 M | 2.73 M | 100 B | 53.68% |
| Number of Holdings | 77 | 24 | 3569 | 53.68% |
| Net Assets in Top 10 | 213 M | 670 K | 11.3 B | 54.65% |
| Weighting of Top 10 | 23.71% | 4.5% | 97.8% | 59.11% |
Top 10 Holdings
- Trade Desk Inc/The 2.84%
- MSCI Inc 2.63%
- Cencora Inc 2.55%
- Insulet Corp 2.44%
- Fair Isaac Corp 2.41%
- Tyler Technologies Inc 2.35%
- Marvell Technology Inc 2.22%
- Old Dominion Freight Line Inc 2.10%
- Vertiv Holdings Co 2.10%
- Ares Management Corp 2.06%
Asset Allocation
| Weighting | Return Low | Return High | GGQPX % Rank | |
|---|---|---|---|---|
| Stocks | 97.96% | 58.72% | 103.99% | 60.27% |
| Cash | 2.05% | 0.00% | 28.07% | 37.02% |
| Preferred Stocks | 0.00% | 0.00% | 6.15% | 27.33% |
| Other | 0.00% | -0.11% | 14.45% | 41.67% |
| Convertible Bonds | 0.00% | 0.00% | 0.40% | 16.47% |
| Bonds | 0.00% | 0.00% | 2.73% | 25.00% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | GGQPX % Rank | |
|---|---|---|---|---|
| Technology | 29.72% | 0.04% | 62.17% | 61.05% |
| Healthcare | 19.02% | 0.00% | 37.06% | 35.85% |
| Industrials | 15.93% | 0.00% | 38.23% | 36.63% |
| Consumer Cyclical | 15.24% | 0.00% | 57.41% | 37.60% |
| Communication Services | 4.50% | 0.00% | 18.33% | 21.12% |
| Financial Services | 4.20% | 0.00% | 43.01% | 72.87% |
| Consumer Defense | 3.94% | 0.00% | 16.40% | 20.16% |
| Real Estate | 3.37% | 0.00% | 19.28% | 34.30% |
| Basic Materials | 2.54% | 0.00% | 17.25% | 41.28% |
| Energy | 1.53% | 0.00% | 62.10% | 49.81% |
| Utilities | 0.00% | 0.00% | 12.94% | 37.98% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | GGQPX % Rank | |
|---|---|---|---|---|
| US | 97.96% | 46.79% | 103.99% | 52.91% |
| Non US | 0.00% | 0.00% | 34.12% | 36.43% |
GGQPX - Expenses
Operational Fees
| GGQPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.01% | 0.02% | 17.54% | 54.07% |
| Management Fee | 0.92% | 0.00% | 1.50% | 85.44% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.00% | 0.40% | N/A |
Sales Fees
| GGQPX 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
| GGQPX 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.
| GGQPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 57.00% | 0.00% | 250.31% | 66.24% |
GGQPX - Distributions
Dividend Yield Analysis
| GGQPX | Category Low | Category High | GGQPX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 33.43% | 31.98% |
Dividend Distribution Analysis
| GGQPX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annual | SemiAnnual | Annual |
Net Income Ratio Analysis
| GGQPX | Category Low | Category High | GGQPX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -0.53% | -2.24% | 2.75% | 44.69% |
Capital Gain Distribution Analysis
| GGQPX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 13, 2022 | $0.998 | CapitalGainLongTerm |
| Dec 14, 2021 | $3.136 | OrdinaryDividend |
| Dec 14, 2020 | $4.049 | OrdinaryDividend |
| Dec 12, 2019 | $0.058 | CapitalGainShortTerm |
| Dec 12, 2019 | $4.969 | CapitalGainLongTerm |
| Dec 11, 2018 | $5.883 | CapitalGainLongTerm |
GGQPX - Fund Manager Analysis
Managers
Steven Barry
Start Date
Tenure
Tenure Rank
Jul 02, 1999
22.93
22.9%
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.
Jenny Chang
Start Date
Tenure
Tenure Rank
Jul 17, 2019
2.87
2.9%
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.04 | 36.3 | 9.42 | 11.76 |
