Goldman Sachs Dynamic Global Equity Fund (GAPIX)
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 global equity asset classes. Such investments may include underlying funds (including exchange-traded funds), futures, forwards, options and other instruments with similar economic exposures. The fund may invest in underlying funds that currently exist or that may become available for investment in the future for which the adviser or an affiliate now or in the future acts as adviser or principal underwriter.
Fund Info
US38142V4721
Jan 1, 1998
$1,000,000
Large-Cap
Blend
Expense Ratio
GAPIX has an expense ratio of 0.19%, which is considered low compared to other funds.
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, 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 had a return of 15.31% year-to-date (YTD) and 16.09% in the last 12 months. Over the past 10 years, Goldman Sachs Dynamic Global Equity Fund had an annualized return of 7.09%, while the S&P 500 had an annualized return of 11.01%, indicating that Goldman Sachs Dynamic Global Equity Fund did not perform as well as the benchmark.
GAPIX
15.31%
-2.85%
2.97%
16.09%
6.23%
7.09%
^GSPC (Benchmark)
23.11%
-0.36%
7.02%
23.15%
12.80%
11.01%
Monthly Returns
The table below presents the monthly returns of GAPIX, 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 | 0.50% | 4.80% | 3.40% | -4.11% | 4.81% | 2.09% | 2.09% | 2.40% | 2.13% | -2.50% | 4.57% | 15.31% | |
| 2023 | 7.39% | -3.02% | 3.06% | 1.43% | -1.46% | 5.62% | 3.36% | -2.87% | -4.15% | -2.82% | 8.64% | 1.27% | 16.60% |
| 2022 | -5.06% | -2.91% | 1.88% | -7.69% | 0.60% | -8.63% | 6.78% | -4.12% | -9.86% | 6.76% | 8.04% | -7.23% | -21.31% |
| 2021 | -0.09% | 2.41% | 3.61% | 4.14% | 2.14% | 1.35% | 0.61% | 2.53% | -4.51% | 4.64% | -2.47% | -0.99% | 13.74% |
| 2020 | -1.33% | -8.04% | -15.39% | 10.46% | 5.37% | 3.03% | 5.17% | 5.12% | -2.41% | -2.52% | 11.78% | 3.43% | 11.95% |
| 2019 | 8.64% | 1.74% | 1.43% | 3.31% | -6.04% | 6.66% | -0.16% | -1.68% | 2.08% | 2.72% | 2.19% | -0.88% | 21.02% |
| 2018 | 5.89% | -4.67% | -0.47% | 0.10% | 0.47% | -1.41% | 2.43% | 0.52% | -0.26% | -8.28% | 1.57% | -6.69% | -11.06% |
| 2017 | 3.06% | 2.90% | 1.29% | 1.76% | 1.90% | 0.82% | 3.53% | 1.23% | 1.93% | 2.11% | 1.38% | 1.85% | 26.49% |
| 2016 | -5.77% | -1.38% | 7.31% | 1.03% | 0.61% | -0.81% | 4.16% | 0.46% | 0.65% | -1.75% | 1.19% | 1.83% | 7.21% |
| 2015 | -0.89% | 5.26% | -1.12% | 2.33% | 0.71% | -2.00% | 1.25% | -6.31% | -2.98% | 7.51% | 0.07% | -1.80% | 1.30% |
| 2014 | -3.61% | 5.62% | -0.07% | 0.34% | 2.18% | 2.06% | -1.56% | 2.38% | -3.88% | 1.28% | 0.80% | -1.81% | 3.37% |
| 2013 | 4.73% | -0.56% | 2.27% | 3.25% | -0.69% | -2.47% | 5.39% | -2.78% | 5.80% | 3.87% | 1.34% | 2.02% | 23.97% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of GAPIX is 61, 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 (GAPIX) 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 provided a 1.63% dividend yield over the last twelve months, with an annual payout of $0.38 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.38 | $0.38 | $0.62 | $1.48 | $0.26 | $0.34 | $0.47 | $0.44 | $0.24 | $0.20 | $0.32 | $0.28 |
Dividend yield | 1.63% | 1.88% | 3.52% | 6.39% | 1.18% | 1.71% | 2.88% | 2.33% | 1.56% | 1.39% | 2.19% | 1.94% |
Monthly Dividends
The table displays the monthly dividend distributions for Goldman Sachs Dynamic Global Equity Fund. 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 | $0.38 | $0.38 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.62 | $0.62 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.48 | $1.48 |
| 2020 | $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 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.34 | $0.34 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.47 | $0.47 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.44 | $0.44 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.24 | $0.24 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.20 | $0.20 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.32 | $0.32 |
| 2013 | $0.28 | $0.28 |
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. 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 was 64.33%, occurring on Mar 9, 2009. Recovery took 1319 trading sessions.
The current Goldman Sachs Dynamic Global Equity Fund drawdown is 6.19%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -64.33% | Oct 15, 2007 | 351 | Mar 9, 2009 | 1319 | Jun 5, 2014 | 1670 |
| -42.52% | Mar 28, 2000 | 633 | Oct 9, 2002 | 527 | Nov 12, 2004 | 1160 |
| -36.31% | Feb 13, 2020 | 27 | Mar 23, 2020 | 114 | Sep 2, 2020 | 141 |
| -30.49% | Nov 9, 2021 | 233 | Oct 12, 2022 | 438 | Jul 12, 2024 | 671 |
| -27.09% | Apr 16, 1998 | 126 | Oct 8, 1998 | 155 | May 13, 1999 | 281 |
Volatility
Volatility Chart
The current Goldman Sachs Dynamic Global Equity Fund volatility is 5.41%, 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.