Goldman Sachs Commodity Strategy Fund (GCCIX)
The investment seeks long-term total return. The fund seeks to maintain substantial economic exposure to the performance of the commodities markets. It primarily gains exposure to the commodities markets by investing in a wholly-owned subsidiary of the fund organized as a company under the laws of the Cayman Islands, Cayman Commodity - CSF, Ltd. (the "CSF Subsidiary").
Fund Info
US38143H3811
Mar 29, 2007
$1,000,000
Expense Ratio
GCCIX features an expense ratio of 0.59%, falling within the medium range.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Goldman Sachs Commodity Strategy 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 Commodity Strategy Fund had a return of 3.32% year-to-date (YTD) and 3.11% in the last 12 months. Over the past 10 years, Goldman Sachs Commodity Strategy Fund had an annualized return of -1.70%, while the S&P 500 had an annualized return of 11.06%, indicating that Goldman Sachs Commodity Strategy Fund did not perform as well as the benchmark.
GCCIX
3.32%
-1.43%
-3.06%
3.11%
2.27%
-1.70%
^GSPC (Benchmark)
24.34%
0.23%
8.53%
24.95%
13.01%
11.06%
Monthly Returns
The table below presents the monthly returns of GCCIX, 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 | 0.37% | -1.21% | 3.94% | 2.48% | 1.85% | -1.39% | -3.76% | -0.85% | 4.31% | -1.18% | 0.36% | 3.32% | |
| 2023 | -1.06% | -4.70% | -1.35% | -1.36% | -6.57% | 4.48% | 7.10% | -0.67% | -0.45% | -0.23% | -2.28% | -2.30% | -9.65% |
| 2022 | 8.85% | 5.38% | 10.70% | 3.48% | 1.60% | -9.26% | 3.57% | -0.00% | -8.92% | 1.16% | 3.83% | -3.42% | 15.93% |
| 2021 | 5.46% | 6.74% | -2.37% | 7.62% | 3.22% | 2.29% | 2.03% | 0.70% | 4.45% | 2.65% | -7.10% | 4.40% | 33.41% |
| 2020 | -10.89% | -8.52% | -28.28% | -9.82% | 16.42% | 5.05% | 3.79% | 4.53% | -3.63% | -3.62% | 11.88% | 5.91% | -23.01% |
| 2019 | 9.13% | 3.67% | 1.63% | 2.77% | -8.51% | 4.46% | -0.37% | -5.69% | 1.75% | 1.15% | 0.00% | 6.91% | 16.75% |
| 2018 | 2.93% | -3.43% | 2.17% | 5.17% | 1.69% | 0.37% | -3.25% | 1.15% | 3.98% | -5.85% | -11.35% | -8.07% | -14.89% |
| 2017 | -1.44% | 0.17% | -3.95% | -2.23% | -1.55% | -2.12% | 4.57% | -0.82% | 3.03% | 3.57% | 1.03% | 4.43% | 4.31% |
| 2016 | -4.72% | -1.78% | 4.74% | 9.92% | 2.10% | 0.40% | -9.36% | 1.42% | 3.92% | -1.26% | 3.00% | 4.71% | 12.37% |
| 2015 | -5.85% | 5.95% | -6.38% | 8.45% | -2.76% | 0.30% | -13.14% | 0.30% | -6.21% | 0.95% | -9.06% | -8.74% | -32.40% |
| 2014 | -2.65% | 4.35% | 0.35% | 0.87% | 0.00% | 2.41% | -4.86% | -1.94% | -6.10% | -5.74% | -10.55% | -10.87% | -30.67% |
| 2013 | 4.35% | -4.50% | 0.52% | -5.03% | -1.46% | -0.37% | 4.47% | 3.21% | -2.94% | -0.18% | -0.36% | 1.43% | -1.39% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of GCCIX is 19, meaning it’s performing worse than 81% of other mutual funds on our website when it comes to balancing risk and reward. Below is 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 Commodity Strategy Fund (GCCIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Goldman Sachs Commodity Strategy Fund provided a 4.46% dividend yield over the last twelve months, with an annual payout of $0.37 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.37 | $0.34 | $1.01 | $1.49 | $0.03 | $1.11 | $0.14 | $0.68 | $0.10 | $0.04 | $0.00 |
Dividend yield | 4.46% | 4.20% | 10.66% | 16.46% | 0.36% | 10.81% | 1.47% | 5.89% | 0.84% | 0.37% | 0.03% |
Monthly Dividends
The table displays the monthly dividend distributions for Goldman Sachs Commodity Strategy 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 | $0.19 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.19 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.18 | $0.34 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.99 | $1.01 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.49 | $1.49 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.03 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.03 | $1.11 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.09 | $0.14 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.64 | $0.68 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.05 | $0.10 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.03 | $0.04 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
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 Commodity Strategy 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 Commodity Strategy Fund was 90.91%, occurring on Apr 21, 2020. The portfolio has not yet recovered.
The current Goldman Sachs Commodity Strategy Fund drawdown is 79.27%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -90.91% | Jul 7, 2008 | 2968 | Apr 21, 2020 | — | — | — |
| -8.39% | Jul 20, 2007 | 23 | Aug 21, 2007 | 15 | Sep 12, 2007 | 38 |
| -8.04% | Jan 4, 2008 | 13 | Jan 23, 2008 | 16 | Feb 14, 2008 | 29 |
| -8.03% | Mar 14, 2008 | 5 | Mar 20, 2008 | 17 | Apr 15, 2008 | 22 |
| -6.98% | Nov 26, 2007 | 8 | Dec 5, 2007 | 18 | Jan 2, 2008 | 26 |
Volatility
Volatility Chart
The current Goldman Sachs Commodity Strategy Fund volatility is 2.48%, 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.