Goldman Sachs Dynamic Global Equity Fund Class A (GAPAX)
The fund invests in a diversified portfolio of global equity asset classes, including underlying funds, futures, forwards, options, and other instruments with similar exposures. It may invest in underlying funds where the adviser or an affiliate acts as adviser or principal underwriter.
Fund Info
US38142V5710
38142V571
Jan 2, 1998
$1,000
Large-Cap
Blend
Expense Ratio
GAPAX features an expense ratio of 0.89%, falling within the medium range.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Goldman Sachs Dynamic Global Equity Fund Class A, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Goldman Sachs Dynamic Global Equity Fund Class A had a return of 10.76% year-to-date (YTD) and 11.59% in the last 12 months. Over the past 10 years, Goldman Sachs Dynamic Global Equity Fund Class A had an annualized return of 6.22%, while the S&P 500 had an annualized return of 11.06%, indicating that Goldman Sachs Dynamic Global Equity Fund Class A did not perform as well as the benchmark.
GAPAX
10.76%
-6.60%
-0.50%
11.59%
5.00%
6.22%
^GSPC (Benchmark)
24.34%
0.23%
8.53%
24.95%
13.01%
11.06%
Monthly Returns
The table below presents the monthly returns of GAPAX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.51% | 4.78% | 3.36% | -4.18% | 4.80% | 2.03% | 2.08% | 2.40% | 2.08% | -2.55% | 4.53% | 10.76% | |
| 2023 | 7.39% | -3.01% | 2.99% | 1.40% | -1.54% | 5.61% | 3.37% | -2.92% | -4.17% | -2.87% | 8.64% | 1.15% | 16.11% |
| 2022 | -5.09% | -2.96% | 1.86% | -7.71% | 0.56% | -8.61% | 6.67% | -4.13% | -9.92% | 6.76% | 8.02% | -7.33% | -21.67% |
| 2021 | -0.09% | 2.39% | 3.52% | 4.16% | 2.08% | 1.33% | 0.57% | 2.49% | -4.54% | 4.59% | -2.47% | -1.12% | 13.23% |
| 2020 | -1.40% | -8.03% | -15.41% | 10.46% | 5.31% | 2.96% | 5.18% | 5.04% | -2.45% | -2.51% | 11.74% | 3.38% | 11.52% |
| 2019 | 8.61% | 1.64% | 1.39% | 3.30% | -6.06% | 6.63% | -0.16% | -1.76% | 2.06% | 2.71% | 2.17% | -0.99% | 20.45% |
| 2018 | 5.84% | -4.66% | -0.53% | 0.11% | 0.37% | -1.42% | 2.40% | 0.52% | -0.31% | -8.32% | 1.53% | -6.69% | -11.39% |
| 2017 | 3.02% | 2.86% | 1.24% | 1.77% | 1.80% | 0.83% | 3.45% | 1.24% | 1.90% | 2.03% | 1.34% | 1.86% | 25.97% |
| 2016 | -5.75% | -1.47% | 7.31% | 0.97% | 0.62% | -0.89% | 4.14% | 0.46% | 0.59% | -1.77% | 1.14% | 1.83% | 6.84% |
| 2015 | -1.04% | 5.24% | -1.13% | 2.28% | 0.72% | -2.02% | 1.20% | -6.31% | -3.02% | 7.45% | 0.07% | -1.89% | 0.82% |
| 2014 | -3.64% | 5.59% | -0.14% | 0.35% | 2.13% | 2.02% | -1.58% | 2.34% | -3.86% | 1.16% | 0.81% | -1.81% | 3.00% |
| 2013 | 4.68% | -0.57% | 2.29% | 3.12% | -0.62% | -2.50% | 5.28% | -2.81% | 5.71% | 3.92% | 1.28% | 1.99% | 23.52% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of GAPAX is 57, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Goldman Sachs Dynamic Global Equity Fund Class A (GAPAX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Goldman Sachs Dynamic Global Equity Fund Class A provided a 1.41% dividend yield over the last twelve months, with an annual payout of $0.31 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.31 | $0.31 | $0.55 | $1.39 | $0.18 | $0.27 | $0.43 | $0.37 | $0.18 | $0.14 | $0.26 | $0.22 |
Dividend yield | 1.41% | 1.56% | 3.16% | 6.10% | 0.86% | 1.38% | 2.64% | 1.96% | 1.16% | 0.98% | 1.81% | 1.55% |
Monthly Dividends
The table displays the monthly dividend distributions for Goldman Sachs Dynamic Global Equity Fund Class A. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.31 | $0.31 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.55 | $0.55 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.39 | $1.39 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.18 | $0.18 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.27 | $0.27 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.43 | $0.43 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.37 | $0.37 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.18 | $0.18 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.14 | $0.14 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.26 | $0.26 |
| 2013 | $0.22 | $0.22 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Goldman Sachs Dynamic Global Equity Fund Class A. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Goldman Sachs Dynamic Global Equity Fund Class A was 64.54%, occurring on Mar 9, 2009. Recovery took 1531 trading sessions.
The current Goldman Sachs Dynamic Global Equity Fund Class A drawdown is 9.61%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -64.54% | Oct 15, 2007 | 351 | Mar 9, 2009 | 1531 | Apr 9, 2015 | 1882 |
| -43.42% | Mar 28, 2000 | 633 | Oct 9, 2002 | 549 | Dec 15, 2004 | 1182 |
| -36.31% | Feb 13, 2020 | 27 | Mar 23, 2020 | 114 | Sep 2, 2020 | 141 |
| -30.8% | Nov 9, 2021 | 233 | Oct 12, 2022 | 473 | Aug 30, 2024 | 706 |
| -27.09% | Apr 16, 1998 | 126 | Oct 8, 1998 | 191 | Jul 2, 1999 | 317 |
Volatility
Volatility Chart
The current Goldman Sachs Dynamic Global Equity Fund Class A volatility is 6.55%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.