Goldman Sachs Enhanced Income Fund (GEIIX)
The fund invests primarily in a portfolio of U.S. or foreign fixed income securities, including U.S. government securities, including agency MBS, corporate notes, privately issued adjustable rate and fixed rate MBS or other mortgage-related securities, commercial paper, fixed and floating rate asset-backed securities, high yield non-investment grade fixed income securities, sovereign and corporate debt securities, and other U.S. dollar denominated debt instruments of emerging market countries.
Fund Info
US38142Y5188
Aug 2, 2000
$1,000,000
Expense Ratio
GEIIX features an expense ratio of 0.36%, 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 Enhanced Income 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 Enhanced Income Fund had a return of 4.84% year-to-date (YTD) and 5.16% in the last 12 months. Over the past 10 years, Goldman Sachs Enhanced Income Fund had an annualized return of 2.00%, while the S&P 500 had an annualized return of 11.06%, indicating that Goldman Sachs Enhanced Income Fund did not perform as well as the benchmark.
GEIIX
4.84%
0.35%
2.86%
5.16%
2.40%
2.00%
^GSPC (Benchmark)
24.34%
0.23%
8.53%
24.95%
13.01%
11.06%
Monthly Returns
The table below presents the monthly returns of GEIIX, 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 | 0.52% | 0.10% | 0.43% | 0.21% | 0.55% | 0.44% | 0.77% | 0.66% | 0.77% | -0.06% | 0.35% | 4.84% | |
| 2023 | 0.87% | 0.01% | 0.48% | 0.47% | 0.15% | 0.38% | 0.83% | 0.29% | 0.29% | 0.30% | 1.05% | 0.84% | 6.13% |
| 2022 | -0.45% | -0.46% | -0.33% | -0.38% | 0.04% | -0.83% | 0.67% | -0.16% | -0.60% | 0.05% | 0.74% | -0.01% | -1.70% |
| 2021 | 0.07% | 0.19% | -0.04% | 0.06% | 0.05% | 0.05% | -0.06% | 0.05% | 0.05% | -0.16% | -0.25% | 0.18% | 0.20% |
| 2020 | 0.29% | 0.18% | -2.77% | 2.24% | 0.79% | 0.76% | 0.33% | 0.23% | 0.02% | 0.21% | 0.20% | 0.08% | 2.51% |
| 2019 | 0.42% | 0.31% | 0.32% | 0.32% | 0.21% | 0.31% | 0.21% | 0.31% | 0.19% | 0.30% | 0.07% | 0.29% | 3.30% |
| 2018 | 0.14% | 0.03% | -0.06% | 0.27% | 0.28% | 0.17% | 0.18% | 0.29% | 0.18% | 0.09% | 0.09% | 0.10% | 1.75% |
| 2017 | 0.17% | 0.20% | 0.04% | 0.03% | 0.11% | 0.13% | 0.22% | 0.01% | 0.22% | 0.12% | 0.02% | 0.13% | 1.41% |
| 2016 | 0.04% | -0.07% | 0.52% | 0.19% | 0.11% | 0.12% | 0.21% | 0.00% | 0.17% | 0.08% | 0.00% | 0.21% | 1.60% |
| 2015 | -0.07% | 0.04% | 0.04% | 0.06% | 0.06% | -0.04% | -0.04% | -0.04% | 0.07% | 0.07% | 0.16% | -0.16% | 0.15% |
| 2014 | 0.03% | 0.03% | 0.03% | 0.03% | 0.04% | 0.03% | 0.03% | -0.07% | 0.03% | -0.07% | -0.07% | -0.07% | -0.03% |
| 2013 | 0.19% | 0.06% | -0.01% | 0.11% | -0.02% | -0.25% | 0.18% | 0.06% | 0.05% | 0.04% | 0.15% | 0.03% | 0.59% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 98, GEIIX is among the top 2% of 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 Enhanced Income Fund (GEIIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Goldman Sachs Enhanced Income Fund provided a 3.95% dividend yield over the last twelve months, with an annual payout of $0.38 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.38 | $0.30 | $0.16 | $0.07 | $0.16 | $0.23 | $0.19 | $0.13 | $0.10 | $0.06 | $0.04 | $0.08 |
Dividend yield | 3.95% | 3.21% | 1.72% | 0.73% | 1.62% | 2.39% | 2.06% | 1.40% | 1.05% | 0.68% | 0.39% | 0.80% |
Monthly Dividends
The table displays the monthly dividend distributions for Goldman Sachs Enhanced Income 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 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.00 | $0.35 |
| 2023 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.30 |
| 2022 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.16 |
| 2021 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.00 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.07 |
| 2020 | $0.02 | $0.02 | $0.02 | $0.02 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.16 |
| 2019 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.23 |
| 2018 | $0.01 | $0.01 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.19 |
| 2017 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.13 |
| 2016 | $0.00 | $0.00 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.10 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.06 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.04 |
| 2013 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.00 | $0.00 | $0.00 | $0.08 |
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 Enhanced Income 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 Enhanced Income Fund was 4.95%, occurring on Mar 23, 2020. Recovery took 48 trading sessions.
The current Goldman Sachs Enhanced Income Fund drawdown is 0.10%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -4.95% | Mar 6, 2020 | 12 | Mar 23, 2020 | 48 | Jun 1, 2020 | 60 |
| -2.91% | Oct 5, 2021 | 259 | Oct 13, 2022 | 138 | May 3, 2023 | 397 |
| -1.52% | Sep 11, 2008 | 28 | Oct 20, 2008 | 47 | Dec 26, 2008 | 75 |
| -0.97% | Mar 4, 2011 | 205 | Dec 22, 2011 | 68 | Apr 2, 2012 | 273 |
| -0.69% | Mar 3, 2009 | 6 | Mar 10, 2009 | 15 | Mar 31, 2009 | 21 |
Volatility
Volatility Chart
The current Goldman Sachs Enhanced Income Fund volatility is 0.44%, 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.