- ISIN
- US38141W5629
- CUSIP
- 38141W562
- Issuer
- Goldman Sachs
- Inception Date
- Oct 11, 1994
- Category
- Diversified Portfolio
- Min. Investment
- $1,000
- Distribution Policy
- Distributing
- Asset Class
- Multi-Asset
- Asset Class Size
- Large-Cap
- Asset Class Style
- Value
Share Price Chart
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Performance
GSBFX Performance Chart
Goldman Sachs Income Builder Fund (GSBFX) is up 5.7% since the beginning of the year. GSBFX is currently trading at $28 per share. Investors who bought $1,000 worth of GSBFX shares 5 years ago would now be looking at an investment worth $1,327.
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Returns By Period
Goldman Sachs Income Builder Fund (GSBFX) has returned 5.68% so far this year and 13.68% over the past 12 months. Over the last ten years, GSBFX has returned 7.08% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
Goldman Sachs Income Builder Fund
- 1D
- 0.25%
- 1M
- 1.50%
- YTD
- 5.68%
- 6M
- 5.70%
- 1Y
- 13.68%
- 3Y*
- 10.58%
- 5Y*
- 5.82%
- 10Y*
- 7.08%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
GSBFX Monthly Returns History
Based on dividend-adjusted daily data since Jan 3, 1995, GSBFX's average daily return is +0.03%, while the average monthly return is +0.59%. At this rate, an investment would double in approximately 9.8 years.
Historically, 66% of months were positive and 34% were negative. The best month was Nov 2020 with a return of +7.2%, while the worst month was Oct 2008 at -11.1%. The longest winning streak lasted 12 consecutive months, and the longest losing streak was 5 months.
On a daily basis, GSBFX closed higher 53% of trading days. The best single day was Jan 3, 2001 with a return of +7.3%, while the worst single day was Jan 2, 2001 at -6.0%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 1.61% | 2.21% | -3.16% | 3.22% | 0.91% | 0.88% | 5.68% | ||||||
| 2025 | 2.11% | 0.70% | -2.13% | -0.79% | 2.13% | 2.53% | 0.54% | 1.96% | 1.29% | 0.41% | 1.19% | 0.11% | 10.42% |
| 2024 | 0.21% | 0.68% | 2.71% | -2.29% | 2.08% | 0.79% | 2.42% | 2.45% | 1.51% | -1.61% | 2.77% | -2.58% | 9.32% |
| 2023 | 4.22% | -2.80% | 0.76% | 0.78% | -2.13% | 2.92% | 1.69% | -1.26% | -2.71% | -2.22% | 6.15% | 4.35% | 9.64% |
| 2022 | -2.23% | -1.68% | 0.56% | -4.20% | 0.78% | -6.45% | 4.81% | -2.14% | -5.80% | 4.54% | 4.62% | -1.93% | -9.53% |
| 2021 | -0.75% | 1.22% | 1.86% | 2.23% | 1.23% | 0.40% | 1.22% | 0.71% | -1.47% | 1.74% | -1.86% | 3.63% | 10.50% |
Benchmark Metrics
Goldman Sachs Income Builder Fund has an annualized alpha of 2.00%, beta of 0.49, and R2 of 0.87 versus S&P 500 Index. Calculated based on daily prices since January 03, 1995.
- This fund participated in 56.69% of S&P 500 Index downside but only 54.67% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.49 indicates this fund moves significantly less than S&P 500 Index - a genuinely defensive profile with reduced participation in both market rallies and downturns.
- Alpha
- 2.00%
- Beta
- 0.49
- R²
- 0.87
- Upside Capture
- 54.67%
- Downside Capture
- 56.69%
Expense Ratio
GSBFX has an expense ratio of 0.79%, placing it in the medium range.
Return for Risk
Risk / Return Rank
GSBFX ranks 77 for risk / return — better than 77% of mutual funds on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Goldman Sachs Income Builder Fund (GSBFX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| GSBFX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.38 | ||
| Sortino ratioReturn per unit of downside risk | +0.70 | ||
| Omega ratioGain probability vs. loss probability | 1.45 | 1.37 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 3.11 | 2.78 | +0.32 |
| Martin ratioReturn relative to average drawdown | 13.45 | 12.44 | +1.01 |
Dividends
Dividend History
Goldman Sachs Income Builder Fund provided a 5.07% dividend yield over the last twelve months, with an annual payout of $1.40 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.40 | $1.17 | $1.29 | $0.83 | $0.94 | $1.75 | $0.78 | $0.85 | $0.83 | $0.80 | $0.83 | $0.82 |
Dividend yield | 5.07% | 4.39% | 5.12% | 3.41% | 4.10% | 6.66% | 3.05% | 3.52% | 3.98% | 3.52% | 3.78% | 3.93% |
Monthly Dividends
The table displays the monthly dividend distributions for Goldman Sachs Income Builder 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.07 | $0.09 | $0.09 | $0.10 | $0.09 | $0.00 | $0.44 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.11 | $0.09 | $0.09 | $0.09 | $0.09 | $0.09 | $0.09 | $0.08 | $0.43 | $1.17 |
| 2024 | $0.06 | $0.08 | $0.09 | $0.09 | $0.09 | $0.09 | $0.08 | $0.10 | $0.09 | $0.09 | $0.08 | $0.35 | $1.29 |
| 2023 | $0.06 | $0.07 | $0.11 | $0.00 | $0.08 | $0.09 | $0.07 | $0.09 | $0.08 | $0.00 | $0.08 | $0.09 | $0.83 |
| 2022 | $0.05 | $0.06 | $0.11 | $0.07 | $0.07 | $0.08 | $0.07 | $0.08 | $0.07 | $0.07 | $0.07 | $0.15 | $0.94 |
| 2021 | $0.05 | $0.06 | $0.08 | $0.07 | $0.06 | $0.08 | $0.07 | $0.07 | $0.07 | $0.07 | $0.06 | $1.01 | $1.75 |
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 Income Builder 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 Income Builder Fund was 37.04%, occurring on Mar 9, 2009. Recovery took 399 trading sessions.
The current Goldman Sachs Income Builder Fund drawdown is 0.25%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -37.04%Mar 2009 | 1y 5mo | 1y 7mo | 2y 12moOct 2007 - Oct 2010 |
Dot-com crash2000–2002 | -24.53%Oct 2002 | 2y 1mo | 2y 21d | 4y 1moSep 2000 - Oct 2004 |
COVID crash2020 | -23.42%Mar 2020 | 1mo 1d | 4mo 20d | 5mo 21dFeb 2020 - Aug 2020 |
Bear market2022 | -15.94%Sep 2022 | 8mo 28d | 1y 5mo | 2y 1moJan 2022 - Mar 2024 |
1998 correction1998 | -14.77%Oct 1998 | 5mo 18d | 6mo 16d | 12mo 4dApr 1998 - Apr 1999 |
Drawdown Indicators
| GSBFX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -37.04% | -56.78% | +19.74% |
Max Drawdown (1Y)Largest decline over 1 year | -4.44% | -9.10% | +4.66% |
Max Drawdown (3Y)Largest decline over 3 years | -8.14% | -18.90% | +10.76% |
Max Drawdown (5Y)Largest decline over 5 years | -15.94% | -25.43% | +9.49% |
Max Drawdown (10Y)Largest decline over 10 years | -23.42% | -33.92% | +10.50% |
Current DrawdownCurrent decline from peak | -0.25% | -1.80% | +1.55% |
Average DrawdownAverage peak-to-trough decline | -4.17% | -10.71% | +6.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.02% | 2.03% | -1.01% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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