Goldman Sachs Absolute Return Tracker Fund Institutional Class (GJRTX)

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The chart shows the growth of an initial investment of $10,000 in Goldman Sachs Absolute Return Tracker Fund Institutional Class, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

Goldman Sachs Absolute Return Tracker Fund Institutional Class (GJRTX) has returned -1.87% so far this year and 6.70% over the past 12 months. Over the last ten years, GJRTX has returned 4.86% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.

Based on dividend-adjusted daily data since Jan 2, 2009, GJRTX's average daily return is +0.02%, while the average monthly return is +0.32%. At this rate, your investment would double in approximately 18.1 years.

Historically, 64% of months were positive and 36% were negative. The best month was Nov 2020 with a return of +5.1%, while the worst month was Mar 2020 at -6.9%. The longest winning streak lasted 15 consecutive months, and the longest losing streak was 5 months.

On a daily basis, GJRTX closed higher 47% of trading days. The best single day was Mar 13, 2020 with a return of +2.2%, while the worst single day was Mar 12, 2020 at -3.6%.

Goldman Sachs Absolute Return Tracker Fund Institutional Class has an annualized alpha of 0.26%, beta of 0.28, and R² of 0.71 versus S&P 500 Index. Calculated based on daily prices since January 05, 2009.

• This fund participated in 41.27% of S&P 500 Index downside but only 30.41% of its upside — more exposed to losses than it benefited from rallies.
• Beta of 0.28 indicates this fund moves significantly less than S&P 500 Index — a genuinely defensive profile with reduced participation in both market rallies and downturns.

GJRTX has an expense ratio of 0.74%, placing it in the medium range.

GJRTX ranks 40 for risk / return — on par with similar mutual funds. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.

The table below present risk-adjusted performance metrics for Goldman Sachs Absolute Return Tracker Fund Institutional Class (GJRTX) and compare them to a chosen benchmark (S&P 500 Index).

Goldman Sachs Absolute Return Tracker Fund Institutional Class provided a 2.17% dividend yield over the last twelve months, with an annual payout of $0.23 per share.

The table displays the monthly dividend distributions for Goldman Sachs Absolute Return Tracker Fund Institutional Class. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

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.

The table below displays the maximum drawdowns of the Goldman Sachs Absolute Return Tracker Fund Institutional Class. 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 Absolute Return Tracker Fund Institutional Class was 13.23%, occurring on Mar 23, 2020. Recovery took 176 trading sessions.

The current Goldman Sachs Absolute Return Tracker Fund Institutional Class drawdown is 4.28%.

The chart below shows the rolling one-month volatility.