Goldman Sachs Mid Cap Growth Fund (GGOIX)
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 equity investments in mid-cap issuers. Although it invests primarily in publicly traded U.S. securities, it may invest up to 25% of its total assets in foreign securities, including securities of issuers in countries with emerging markets or economies (“emerging countries”) and securities quoted in foreign currencies.
Fund Info
US38142Y4017
May 24, 1999
$1,000,000
Mid-Cap
Growth
Expense Ratio
GGOIX features an expense ratio of 0.90%, 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 Mid Cap Growth 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 Mid Cap Growth Fund had a return of 11.98% year-to-date (YTD) and 12.98% in the last 12 months. Over the past 10 years, Goldman Sachs Mid Cap Growth Fund had an annualized return of -2.63%, while the S&P 500 had an annualized return of 11.06%, indicating that Goldman Sachs Mid Cap Growth Fund did not perform as well as the benchmark.
GGOIX
11.98%
-10.38%
8.35%
12.98%
2.17%
-2.63%
^GSPC (Benchmark)
24.34%
0.23%
8.53%
24.95%
13.01%
11.06%
Monthly Returns
The table below presents the monthly returns of GGOIX, 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 | -1.05% | 5.87% | 2.65% | -6.08% | 0.21% | 2.53% | -0.10% | 2.52% | 4.33% | 2.22% | 13.94% | 11.98% | |
| 2023 | 7.29% | -1.39% | 0.65% | -2.17% | -0.54% | 8.72% | 3.27% | -4.98% | -5.87% | -7.07% | 13.67% | 8.45% | 19.20% |
| 2022 | -13.17% | -1.30% | 0.35% | -11.38% | -5.11% | -5.81% | 13.10% | -2.36% | -8.98% | 7.78% | 6.46% | -11.58% | -30.53% |
| 2021 | -0.93% | 2.61% | -2.04% | 5.32% | -3.11% | 4.63% | 2.11% | 4.14% | -4.27% | 5.60% | -2.93% | -11.80% | -2.16% |
| 2020 | 1.20% | -6.12% | -12.77% | 15.77% | 11.12% | 3.17% | 7.15% | 3.40% | -0.94% | 0.69% | 12.93% | -10.50% | 22.85% |
| 2019 | 10.18% | 5.27% | 1.81% | 4.45% | -4.49% | 7.28% | 1.84% | -1.42% | -1.35% | 1.37% | 4.19% | -19.59% | 6.31% |
| 2018 | 5.85% | -2.35% | 0.47% | -2.12% | 1.89% | 0.35% | 3.12% | 3.85% | 0.68% | -8.87% | 1.49% | -30.15% | -27.60% |
| 2017 | 3.86% | 3.35% | 1.36% | 3.00% | 2.22% | 0.26% | 1.64% | 1.25% | 1.74% | 2.25% | 3.11% | -15.50% | 7.12% |
| 2016 | -8.17% | -0.32% | 8.05% | 1.08% | 2.39% | -0.25% | 4.05% | -0.76% | -1.09% | -4.04% | 1.66% | -2.47% | -0.81% |
| 2015 | -3.06% | 6.21% | -0.77% | 0.46% | -0.53% | -0.25% | 0.81% | -6.25% | -4.23% | 5.08% | -0.15% | -12.48% | -15.35% |
| 2014 | -2.33% | 5.99% | -1.65% | -2.81% | 1.46% | 4.55% | -2.53% | 6.00% | -2.60% | 3.08% | 2.59% | -18.41% | -8.87% |
| 2013 | 5.18% | 1.39% | 2.47% | 1.26% | 1.83% | -1.54% | 6.35% | -1.10% | 5.38% | 2.47% | 2.15% | -4.25% | 23.23% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of GGOIX is 47, 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 Mid Cap Growth Fund (GGOIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
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 Mid Cap Growth 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 Mid Cap Growth Fund was 61.54%, occurring on Mar 9, 2009. Recovery took 1052 trading sessions.
The current Goldman Sachs Mid Cap Growth Fund drawdown is 37.42%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -61.54% | Oct 8, 2007 | 356 | Mar 9, 2009 | 1052 | May 14, 2013 | 1408 |
| -60.19% | Nov 28, 2014 | 1337 | Mar 23, 2020 | — | — | — |
| -44.42% | May 23, 2001 | 343 | Oct 9, 2002 | 527 | Nov 12, 2004 | 870 |
| -20.84% | Jan 31, 2001 | 44 | Apr 3, 2001 | 31 | May 17, 2001 | 75 |
| -15.85% | May 10, 2006 | 50 | Jul 21, 2006 | 94 | Dec 4, 2006 | 144 |
Volatility
Volatility Chart
The current Goldman Sachs Mid Cap Growth Fund volatility is 10.46%, 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.