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
ISIN | US38142V4721 |
---|---|
Issuer | Goldman Sachs |
Inception Date | Jan 1, 1998 |
Category | Global Equities |
Min. Investment | $1,000,000 |
Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Blend |
Expense Ratio
GAPIX features an expense ratio of 0.19%, 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, 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 10.49% year-to-date (YTD) and 22.27% in the last 12 months. Over the past 10 years, Goldman Sachs Dynamic Global Equity Fund had an annualized return of 8.76%, while the S&P 500 had an annualized return of 10.99%, indicating that Goldman Sachs Dynamic Global Equity Fund did not perform as well as the benchmark.
Period | Return | Benchmark |
---|---|---|
Year-To-Date | 10.49% | 11.18% |
1 month | 6.72% | 5.60% |
6 months | 17.14% | 17.48% |
1 year | 22.27% | 26.33% |
5 years (annualized) | 10.83% | 13.16% |
10 years (annualized) | 8.76% | 10.99% |
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% | 10.49% | ||||||||
2023 | 7.39% | -3.02% | 3.06% | 1.43% | -1.46% | 5.62% | 3.36% | -2.87% | -4.15% | -2.82% | 8.64% | 4.82% | 20.67% |
2022 | -5.06% | -2.91% | 1.88% | -7.69% | 0.60% | -8.63% | 6.78% | -4.12% | -9.86% | 6.76% | 8.04% | -4.48% | -18.97% |
2021 | -0.09% | 2.41% | 3.61% | 4.14% | 2.14% | 1.35% | 0.61% | 2.53% | -4.51% | 4.64% | -2.47% | 4.91% | 20.53% |
2020 | -1.33% | -8.04% | -15.39% | 10.46% | 5.37% | 3.03% | 5.17% | 5.12% | -2.41% | -2.52% | 11.78% | 4.97% | 13.61% |
2019 | 8.64% | 1.74% | 1.43% | 3.31% | -6.04% | 6.66% | -0.16% | -1.68% | 2.08% | 2.72% | 2.19% | 3.34% | 26.17% |
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% | 3.88% | 1.34% | 2.01% | 23.97% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of GAPIX is 68, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
GAPIX (Goldman Sachs Dynamic Global Equity Fund)
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 granted a 4.77% dividend yield in the last twelve months. The annual payout for that period amounted to $1.06 per share.
Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Dividend | $1.06 | $1.06 | $1.17 | $2.91 | $0.57 | $1.15 | $0.47 | $0.44 | $0.24 | $0.20 | $0.32 | $0.28 |
Dividend yield | 4.77% | 5.27% | 6.66% | 12.60% | 2.64% | 5.90% | 2.88% | 2.33% | 1.56% | 1.39% | 2.19% | 1.93% |
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 | |||||||
2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.06 | $1.06 |
2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.17 | $1.17 |
2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.91 | $2.91 |
2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.57 | $0.57 |
2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.15 | $1.15 |
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.
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 59.65%, occurring on Mar 9, 2009. Recovery took 1140 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
---|---|---|---|---|---|---|
-59.65% | Oct 15, 2007 | 351 | Mar 9, 2009 | 1140 | Sep 18, 2013 | 1491 |
-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 |
-27.09% | Apr 16, 1998 | 126 | Oct 8, 1998 | 155 | May 13, 1999 | 281 |
-26.92% | Jan 5, 2022 | 194 | Oct 12, 2022 | 333 | Feb 9, 2024 | 527 |
Volatility
Volatility Chart
The current Goldman Sachs Dynamic Global Equity Fund volatility is 3.40%, 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.