Goldman Sachs Absolute Return Tracker Fund (GSRTX)
The fund's Investment Adviser believes that hedge funds derive a large portion of their returns from exposure to sources of market risk and "Trading Strategies" involving long and/or short positions in Market Exposures and/or individual securities or baskets of securities. It uses a dynamic investment process to seek to identify the appropriate weights to Market Exposures and Trading Strategies that approximate the return and risk patterns of specific hedge fund sub-strategies.
Fund Info
US38145N1138
May 29, 2008
$0
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Goldman Sachs Absolute Return Tracker 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 Absolute Return Tracker Fund had a return of 7.00% year-to-date (YTD) and 9.89% in the last 12 months. Over the past 10 years, Goldman Sachs Absolute Return Tracker Fund had an annualized return of 1.48%, while the S&P 500 had an annualized return of 11.13%, indicating that Goldman Sachs Absolute Return Tracker Fund did not perform as well as the benchmark.
GSRTX
7.00%
-0.40%
1.95%
9.89%
1.74%
1.48%
^GSPC (Benchmark)
24.05%
1.08%
11.50%
30.38%
13.77%
11.13%
Monthly Returns
The table below presents the monthly returns of GSRTX, 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 | 0.22% | 1.94% | 1.69% | -1.04% | 1.26% | 0.52% | 0.93% | 0.41% | 1.83% | -1.90% | 7.00% | ||
| 2023 | 3.37% | -1.12% | 1.36% | 0.67% | -0.22% | 2.57% | 1.63% | -1.07% | -1.19% | -1.20% | 3.22% | 2.36% | 10.69% |
| 2022 | -2.07% | -1.37% | 1.39% | -2.96% | 0.11% | -2.72% | 2.12% | -1.42% | -3.33% | 2.30% | 3.59% | -3.05% | -7.46% |
| 2021 | -0.30% | 0.81% | 1.50% | 1.78% | 0.78% | 0.48% | -0.19% | 0.96% | -1.71% | 2.03% | -1.90% | -6.48% | -2.52% |
| 2020 | -0.31% | -2.81% | -6.85% | 2.30% | 1.12% | 0.89% | 2.31% | 1.83% | -1.06% | -0.96% | 5.07% | 1.95% | 3.01% |
| 2019 | 2.99% | 0.86% | 1.17% | 1.37% | -1.98% | 2.65% | 0.52% | -0.31% | 0.21% | 0.72% | 1.02% | -1.27% | 8.15% |
| 2018 | 2.53% | -2.16% | -0.52% | 0.53% | 0.32% | 0.00% | 1.15% | 0.72% | -0.10% | -2.88% | 0.21% | -3.78% | -4.08% |
| 2017 | 0.65% | 1.08% | 0.43% | 0.64% | 0.43% | -0.11% | 0.85% | 0.31% | 0.84% | 0.93% | 0.31% | -2.76% | 3.60% |
| 2016 | -1.70% | -0.12% | 1.97% | 0.23% | 0.45% | 0.45% | 1.57% | 0.33% | 0.44% | -0.88% | 0.99% | 0.58% | 4.35% |
| 2015 | -1.20% | 2.21% | 0.22% | 0.22% | 0.32% | -0.75% | -0.11% | -2.71% | -1.34% | 2.14% | 0.22% | -2.44% | -3.29% |
| 2014 | -2.17% | 1.77% | 0.33% | -0.11% | 1.30% | 0.96% | -1.48% | 1.29% | -1.27% | 0.65% | 1.50% | -3.52% | -0.91% |
| 2013 | 1.55% | -0.44% | 0.88% | 0.54% | 0.32% | -1.29% | 1.96% | -1.18% | 1.84% | 2.02% | 1.04% | -4.84% | 2.21% |
Expense Ratio
GSRTX features an expense ratio of 0.75%, falling within the medium range.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of GSRTX is 42, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Goldman Sachs Absolute Return Tracker Fund (GSRTX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Goldman Sachs Absolute Return Tracker Fund provided a 2.52% dividend yield over the last twelve months, with an annual payout of $0.25 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.25 | $0.25 | $0.34 | $0.00 | $0.01 | $0.12 | $0.09 | $0.00 | $0.01 | $0.05 | $0.01 |
Dividend yield | 2.52% | 2.69% | 3.93% | 0.00% | 0.10% | 1.19% | 1.02% | 0.00% | 0.14% | 0.56% | 0.07% |
Monthly Dividends
The table displays the monthly dividend distributions for Goldman Sachs Absolute Return Tracker 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 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.25 | $0.25 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.34 | $0.34 |
| 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 | $0.01 | $0.01 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.12 | $0.12 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.09 | $0.09 |
| 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 | $0.01 | $0.01 |
| 2015 | $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 |
| 2014 | $0.01 | $0.01 |
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 Absolute Return Tracker 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 Absolute Return Tracker Fund was 19.00%, occurring on Mar 9, 2009. Recovery took 2682 trading sessions.
The current Goldman Sachs Absolute Return Tracker Fund drawdown is 1.19%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -19% | Jun 2, 2008 | 193 | Mar 9, 2009 | 2682 | Nov 1, 2019 | 2875 |
| -18.37% | Nov 17, 2021 | 219 | Sep 30, 2022 | 497 | Sep 24, 2024 | 716 |
| -13.27% | Feb 20, 2020 | 23 | Mar 23, 2020 | 178 | Dec 3, 2020 | 201 |
| -2.65% | Feb 17, 2021 | 12 | Mar 4, 2021 | 21 | Apr 5, 2021 | 33 |
| -2.37% | Sep 7, 2021 | 20 | Oct 4, 2021 | 11 | Oct 19, 2021 | 31 |
Volatility
Volatility Chart
The current Goldman Sachs Absolute Return Tracker Fund volatility is 1.72%, 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.