Goldman Sachs Income Fund (GSCMX)
The investment seeks a high level of current income, and secondarily, capital appreciation. The fund invests in a multi-sector portfolio of U.S. and foreign investment grade and non-investment grade fixed income investments of varying maturities. It may invest up to 35% of its total assets measured at the time of purchase in sovereign and corporate debt securities and other instruments of issuers in emerging market countries. The fund may invest up to 10% of its total assets in privately issued corporate debt securities and other obligations issued by private companies.
Fund Info
ISIN | US38150C7213 |
---|---|
Issuer | Goldman Sachs |
Inception Date | Dec 2, 2019 |
Category | Multisector Bonds |
Min. Investment | $0 |
Asset Class | Bond |
Expense Ratio
GSCMX features an expense ratio of 0.72%, falling within the medium range.
Share Price Chart
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Compare to other instruments
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Popular comparisons: GSCMX vs. VTI, GSCMX vs. VOO
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Goldman Sachs 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 Income Fund had a return of 5.79% year-to-date (YTD) and 11.35% in the last 12 months.
Period | Return | Benchmark |
---|---|---|
Year-To-Date | 5.79% | 18.42% |
1 month | 0.89% | 2.28% |
6 months | 5.11% | 9.95% |
1 year | 11.35% | 25.31% |
5 years (annualized) | N/A | 14.08% |
10 years (annualized) | N/A | 10.95% |
Monthly Returns
The table below presents the monthly returns of GSCMX, 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 | 0.38% | 0.15% | 1.22% | -0.86% | 1.09% | 0.95% | 1.85% | 5.79% | |||||
2023 | 3.57% | -1.59% | 0.85% | 0.84% | -0.92% | 1.74% | 1.61% | 0.02% | -1.25% | -1.15% | 4.37% | 3.32% | 11.76% |
2022 | -2.23% | -2.37% | -1.42% | -3.10% | -0.70% | -5.32% | 3.78% | -1.06% | -4.62% | 1.42% | 3.69% | -0.04% | -11.76% |
2021 | -0.57% | -0.65% | -0.92% | 1.30% | 0.52% | 1.06% | 0.34% | 0.46% | -0.20% | -0.37% | -0.98% | 1.35% | 1.31% |
2020 | 1.31% | -0.56% | -11.75% | 5.11% | 5.11% | 1.85% | 3.54% | 0.78% | -0.82% | 0.21% | 3.85% | 1.38% | 9.24% |
2019 | 1.17% | 1.17% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of GSCMX is 88, placing it in the top 12% of mutual funds on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Goldman Sachs Income Fund (GSCMX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Goldman Sachs Income Fund granted a 5.34% dividend yield in the last twelve months. The annual payout for that period amounted to $0.48 per share.
Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 |
---|---|---|---|---|---|---|
Dividend | $0.48 | $0.51 | $0.62 | $0.45 | $0.42 | $0.03 |
Dividend yield | 5.34% | 5.69% | 7.35% | 4.41% | 3.95% | 0.27% |
Monthly Dividends
The table displays the monthly dividend distributions for Goldman Sachs 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 | $0.04 | $0.04 | $0.05 | $0.04 | $0.05 | $0.04 | $0.04 | $0.00 | $0.31 | ||||
2023 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.05 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.05 | $0.51 |
2022 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.03 | $0.03 | $0.04 | $0.04 | $0.04 | $0.04 | $0.24 | $0.62 |
2021 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.12 | $0.45 |
2020 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.03 | $0.03 | $0.03 | $0.04 | $0.03 | $0.03 | $0.06 | $0.42 |
2019 | $0.03 | $0.03 |
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 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 Income Fund was 20.12%, occurring on Mar 19, 2020. Recovery took 85 trading sessions.
The current Goldman Sachs Income Fund drawdown is 0.11%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
---|---|---|---|---|---|---|
-20.12% | Mar 5, 2020 | 11 | Mar 19, 2020 | 85 | Jul 21, 2020 | 96 |
-16.95% | Sep 17, 2021 | 276 | Oct 20, 2022 | 393 | May 15, 2024 | 669 |
-2.74% | Jan 5, 2021 | 51 | Mar 18, 2021 | 54 | Jun 4, 2021 | 105 |
-2.13% | Sep 3, 2020 | 15 | Sep 24, 2020 | 30 | Nov 5, 2020 | 45 |
-1.36% | Feb 24, 2020 | 4 | Feb 27, 2020 | 4 | Mar 4, 2020 | 8 |
Volatility
Volatility Chart
The current Goldman Sachs Income Fund volatility is 0.72%, 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.