Goldman Sachs Multi-Manager Alternatives Fund (GIMMX)
The fund generally seeks to achieve its investment objective by allocating its assets among multiple investment managers who are unaffiliated with the Investment Adviser and who employ one or more non-traditional and alternative investment strategies including, but not limited to, Equity Long Short, Dynamic Equity, Event Driven and Credit, Relative Value, Tactical Trading, and Opportunistic Fixed Income Strategies.
Fund Info
US38147N4007
Apr 29, 2013
$0
Expense Ratio
GIMMX has a high expense ratio of 1.93%, indicating above-average management fees.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
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Returns By Period
Goldman Sachs Multi-Manager Alternatives Fund (GIMMX) returned 6.78% year-to-date (YTD) and 9.92% over the past 12 months. Over the past 10 years, GIMMX returned 1.07% annually, underperforming the S&P 500 benchmark at 10.85%.
GIMMX
6.78%
0.18%
7.03%
9.92%
1.15%
2.45%
1.07%
^GSPC (Benchmark)
0.51%
6.15%
-2.00%
12.92%
12.68%
14.19%
10.85%
Monthly Returns
The table below presents the monthly returns of GIMMX, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 0.69% | 1.07% | 3.67% | 1.12% | 0.09% | 6.78% | |||||||
| 2024 | -1.42% | -1.90% | -0.92% | -2.51% | -1.05% | -1.83% | 1.67% | 1.45% | 0.85% | 1.23% | 0.09% | -0.51% | -4.85% |
| 2023 | 0.44% | -0.26% | -0.53% | 0.80% | -1.06% | 0.36% | -1.15% | 0.18% | 0.18% | 0.09% | 3.04% | 0.73% | 2.78% |
| 2022 | -2.10% | -1.46% | 0.61% | -0.61% | -0.35% | -0.87% | -0.44% | 0.27% | -0.18% | 0.35% | -0.53% | 0.51% | -4.72% |
| 2021 | -1.51% | 1.18% | -0.27% | 2.51% | 0.79% | 0.78% | 1.03% | 1.79% | -2.26% | 2.48% | -1.34% | 0.93% | 6.14% |
| 2020 | 0.38% | 0.66% | -5.72% | 3.18% | 1.35% | 1.43% | 1.41% | 0.65% | -0.46% | -0.92% | 3.26% | 1.35% | 6.45% |
| 2019 | 2.22% | 0.59% | 1.38% | 0.68% | -0.58% | 2.23% | 0.09% | 0.57% | -0.75% | 0.10% | 0.76% | 0.12% | 7.60% |
| 2018 | 0.78% | -1.64% | -0.30% | 0.10% | -0.10% | -0.39% | 0.40% | 0.59% | -0.00% | -2.35% | 0.20% | -0.80% | -3.51% |
| 2017 | -0.10% | 1.17% | -0.39% | 0.10% | -0.68% | -1.26% | 0.49% | 0.10% | 0.20% | -0.00% | -0.19% | 0.39% | -0.19% |
| 2016 | -2.18% | -0.51% | 2.04% | 1.30% | -0.10% | 0.20% | 1.38% | 0.39% | -0.00% | -0.29% | 0.97% | 0.65% | 3.84% |
| 2015 | 0.75% | 2.90% | -0.27% | -0.00% | 0.64% | -1.63% | -0.00% | -3.59% | -2.20% | 1.47% | 0.19% | -2.39% | -4.23% |
| 2014 | -1.72% | 2.52% | -0.47% | 0.00% | 1.62% | 1.31% | -1.85% | 1.70% | -1.20% | 0.19% | 1.50% | -0.66% | 2.85% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 78, GIMMX is among the top 22% 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 Multi-Manager Alternatives Fund (GIMMX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
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Dividends
Dividend History
Goldman Sachs Multi-Manager Alternatives Fund provided a 4.76% dividend yield over the last twelve months, with an annual payout of $0.52 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.52 | $0.52 | $0.38 | $0.05 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.19 | $0.07 | $0.18 |
Dividend yield | 4.76% | 5.08% | 3.42% | 0.42% | 0.00% | 0.00% | 0.97% | 0.00% | 0.00% | 1.83% | 0.72% | 1.69% |
Monthly Dividends
The table displays the monthly dividend distributions for Goldman Sachs Multi-Manager Alternatives 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||||||
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.52 | $0.52 |
| 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 | $0.05 | $0.05 |
| 2021 | $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 |
| 2020 | $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 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.10 | $0.10 |
| 2018 | $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 |
| 2017 | $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 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.19 | $0.19 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.07 | $0.07 |
| 2014 | $0.18 | $0.18 |
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.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Goldman Sachs Multi-Manager Alternatives 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 Multi-Manager Alternatives Fund was 12.67%, occurring on Jul 10, 2024. The portfolio has not yet recovered.
The current Goldman Sachs Multi-Manager Alternatives Fund drawdown is 1.74%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -12.67% | Nov 17, 2021 | 663 | Jul 10, 2024 | — | — | — |
| -12.56% | Apr 13, 2015 | 210 | Feb 9, 2016 | 1008 | Feb 11, 2020 | 1218 |
| -11.11% | Feb 21, 2020 | 22 | Mar 23, 2020 | 113 | Sep 1, 2020 | 135 |
| -4.7% | Jul 7, 2014 | 73 | Oct 16, 2014 | 29 | Nov 26, 2014 | 102 |
| -3.94% | May 22, 2013 | 23 | Jun 24, 2013 | 59 | Sep 17, 2013 | 82 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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