- ISIN
- US38141W5884
- CUSIP
- 38141W588
- Issuer
- Goldman Sachs
- Inception Date
- Feb 5, 1993
- Category
- Large Cap Value Equities
- Min. Investment
- $1,000
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Value
Share Price Chart
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Performance
GSGRX Performance Chart
Goldman Sachs Equity Income Fund (GSGRX) is up 12.6% since the beginning of the year. GSGRX is currently trading at $52 per share. Investors who bought $1,000 worth of GSGRX shares 5 years ago would now be looking at an investment worth $1,774.
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Returns By Period
Goldman Sachs Equity Income Fund (GSGRX) has returned 12.62% so far this year and 23.67% over the past 12 months. Over the last ten years, GSGRX has returned 11.38% per year, falling short of the S&P 500 Index benchmark, which averaged 13.66% annually.
Goldman Sachs Equity Income Fund
- 1D
- 0.92%
- 1M
- 4.77%
- YTD
- 12.62%
- 6M
- 12.72%
- 1Y
- 23.67%
- 3Y*
- 20.47%
- 5Y*
- 12.15%
- 10Y*
- 11.38%
Benchmark (S&P 500 Index)
- 1D
- -0.74%
- 1M
- 4.90%
- YTD
- 10.35%
- 6M
- 10.28%
- 1Y
- 26.52%
- 3Y*
- 20.83%
- 5Y*
- 12.30%
- 10Y*
- 13.66%
GSGRX Monthly Returns History
Based on dividend-adjusted daily data since Jan 3, 1994, GSGRX's average daily return is +0.04%, while the average monthly return is +0.74%. At this rate, an investment would double in approximately 7.8 years.
Historically, 65% of months were positive and 35% were negative. The best month was Nov 2020 with a return of +12.0%, while the worst month was Oct 2008 at -16.2%. The longest winning streak lasted 12 consecutive months, and the longest losing streak was 5 months.
On a daily basis, GSGRX closed higher 53% of trading days. The best single day was Dec 12, 2024 with a return of +16.9%, while the worst single day was Mar 16, 2020 at -11.6%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 3.45% | 3.48% | -3.35% | 5.17% | 2.35% | 1.14% | 12.62% | ||||||
| 2025 | 4.74% | 0.61% | -3.69% | -2.90% | 3.47% | 2.90% | 1.03% | 2.78% | 1.49% | -1.08% | 2.67% | 0.16% | 12.48% |
| 2024 | 0.88% | 2.60% | 4.43% | -2.86% | 2.21% | -0.13% | 3.87% | 3.65% | 1.72% | -0.84% | 5.57% | 2.52% | 25.98% |
| 2023 | 3.23% | -4.14% | -0.55% | 1.54% | -3.65% | 5.78% | 2.63% | -2.28% | -3.33% | -1.74% | 6.86% | 4.36% | 8.19% |
| 2022 | -2.26% | -1.62% | 3.30% | -4.62% | 2.00% | -8.11% | 5.42% | -2.58% | -7.54% | 10.48% | 6.03% | -4.10% | -5.28% |
| 2021 | -1.68% | 3.35% | 5.27% | 3.27% | 1.53% | -0.69% | 2.49% | 1.63% | -3.90% | 5.13% | -3.26% | 7.44% | 21.83% |
Benchmark Metrics
Goldman Sachs Equity Income Fund has an annualized alpha of 0.37%, beta of 0.88, and R2 of 0.87 versus S&P 500 Index. Calculated based on daily prices since January 04, 1994.
- This fund participated in 88.62% of S&P 500 Index downside but only 85.99% of its upside - more exposed to losses than it benefited from rallies.
- With beta of 0.88 and R2 of 0.87, this fund moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- 0.37%
- Beta
- 0.88
- R²
- 0.87
- Upside Capture
- 85.99%
- Downside Capture
- 88.62%
Expense Ratio
GSGRX has a high expense ratio of 1.20%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
GSGRX ranks 73 for risk / return — better than 73% 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 Equity Income Fund (GSGRX) and compare them to S&P 500 Index.
| GSGRX | Benchmark | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.39 | 2.24 | +0.15 |
Sortino ratioReturn per unit of downside risk | 3.40 | 3.07 | +0.32 |
Omega ratioGain probability vs. loss probability | 1.43 | 1.41 | +0.02 |
Calmar ratioReturn relative to maximum drawdown | 4.44 | 2.93 | +1.51 |
Martin ratioReturn relative to average drawdown | 16.96 | 13.52 | +3.44 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Dividends
Dividend History
Goldman Sachs Equity Income Fund provided a 8.93% dividend yield over the last twelve months, with an annual payout of $4.68 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $4.68 | $4.54 | $8.36 | $2.03 | $1.85 | $3.69 | $0.62 | $2.24 | $0.91 | $0.63 | $0.61 | $0.59 |
Dividend yield | 8.93% | 9.72% | 18.35% | 4.70% | 4.42% | 8.01% | 1.52% | 5.56% | 2.67% | 1.69% | 1.79% | 1.90% |
Monthly Dividends
The table displays the monthly dividend distributions for Goldman Sachs Equity 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.00 | $0.14 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $4.22 | $4.54 |
| 2024 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $7.87 | $8.36 |
| 2023 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $1.50 | $2.03 |
| 2022 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.68 | $1.85 |
| 2021 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $3.24 | $3.69 |
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 Equity 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 Equity Income Fund was 54.44%, occurring on Mar 9, 2009. Recovery took 1046 trading sessions.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -54.44%Mar 2009 | 1y 9mo | 4y 1mo | 5y 11moJun 2007 - May 2013 |
Dot-com crash2000–2002 | -43.18%Oct 2002 | 4y 5mo | 3y 1mo | 7y 7moApr 1998 - Nov 2005 |
COVID crash2020 | -35.11%Mar 2020 | 2mo 2d | 7mo 28d | 10moJan 2020 - Nov 2020 |
2025 selloff2025 | -19.02%Apr 2025 | 3mo 26d | 7mo 8d | 11mo 4dDec 2024 - Nov 2025 |
2016 correction2016 | -18.33%Feb 2016 | 7mo 22d | 9mo 3d | 1y 4moJun 2015 - Nov 2016 |
Drawdown Indicators
| GSGRX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -54.44% | -56.78% | +2.34% |
Max Drawdown (1Y)Largest decline over 1 year | -5.48% | -9.10% | +3.62% |
Max Drawdown (3Y)Largest decline over 3 years | -19.02% | -18.90% | -0.12% |
Max Drawdown (5Y)Largest decline over 5 years | -19.02% | -25.43% | +6.41% |
Max Drawdown (10Y)Largest decline over 10 years | -35.11% | -33.92% | -1.19% |
Current DrawdownCurrent decline from peak | 0.00% | -0.74% | +0.74% |
Average DrawdownAverage peak-to-trough decline | -10.38% | -10.72% | +0.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.43% | 1.97% | -0.54% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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