Goldman Sachs Short Duration Bond Fund (GSSRX)
The investment seeks total return consisting of income and capital appreciation. The fund normally invests at least 80% of its net assets plus any borrowings for investment purposes (measured at the time of purchase) ("Net Assets") in U.S. or foreign fixed income securities. It may not invest, in the aggregate, more than 20% of its total assets measured at the time of purchase in emerging countries debt and non-investment grade fixed income securities. The fund’s target duration range under normal interest rate conditions is expected to approximate that of the Goldman Sachs Short Duration Bond Fund Composite Index plus or minus two years.
Fund Info
US38145L6121
Feb 29, 2012
$0
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Goldman Sachs Short Duration Bond 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 Short Duration Bond Fund had a return of 4.10% year-to-date (YTD) and 6.57% in the last 12 months. Over the past 10 years, Goldman Sachs Short Duration Bond Fund had an annualized return of 2.03%, while the S&P 500 had an annualized return of 11.21%, indicating that Goldman Sachs Short Duration Bond Fund did not perform as well as the benchmark.
GSSRX
4.10%
-0.07%
3.47%
6.57%
1.93%
2.03%
^GSPC (Benchmark)
25.15%
2.97%
12.53%
31.00%
13.95%
11.21%
Monthly Returns
The table below presents the monthly returns of GSSRX, 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 | 0.40% | -0.33% | 0.53% | -0.41% | 0.89% | 0.56% | 1.51% | 0.86% | 0.84% | -0.69% | 4.10% | ||
| 2023 | 1.64% | -0.81% | 1.11% | 0.47% | -0.25% | -0.36% | 0.71% | 0.28% | -0.15% | 0.28% | 1.56% | 1.55% | 6.14% |
| 2022 | -0.99% | -0.88% | -1.49% | -1.18% | 0.40% | -1.80% | 1.47% | -0.85% | -1.91% | 0.11% | 1.53% | 0.02% | -5.51% |
| 2021 | -0.14% | -0.72% | -0.45% | 0.54% | 0.22% | -0.10% | 0.36% | 0.08% | 0.01% | -0.68% | -0.22% | 0.19% | -0.90% |
| 2020 | 1.03% | 0.74% | -3.98% | 3.09% | 1.51% | 0.79% | 1.13% | 0.25% | -0.11% | 0.06% | 0.84% | 0.45% | 5.81% |
| 2019 | 1.39% | 0.14% | 1.17% | 0.35% | 0.96% | 1.04% | 0.04% | 0.83% | -0.07% | 0.54% | -0.06% | 0.25% | 6.78% |
| 2018 | -0.12% | -0.54% | 0.09% | -0.30% | 0.22% | -0.18% | 0.33% | 0.01% | -0.11% | -0.09% | 0.11% | 0.56% | -0.02% |
| 2017 | 0.28% | 0.49% | 0.19% | 0.21% | 0.49% | -0.01% | 0.18% | 0.38% | -0.35% | -0.13% | -0.32% | 0.17% | 1.60% |
| 2016 | 0.26% | -0.04% | 0.87% | 0.39% | 0.21% | 0.48% | 0.55% | 0.06% | 0.24% | 0.06% | -1.01% | 0.32% | 2.40% |
| 2015 | 0.50% | 0.01% | 0.24% | 0.07% | 0.27% | -0.34% | 0.27% | -0.32% | 0.36% | 0.14% | -0.13% | -0.26% | 0.81% |
| 2014 | 0.12% | 0.44% | -0.06% | 0.15% | 0.34% | 0.04% | 0.03% | 0.12% | -0.17% | -0.08% | 0.15% | -0.47% | 0.61% |
| 2013 | 0.12% | 0.32% | 0.25% | 0.74% | -0.56% | -1.19% | 0.49% | -0.10% | 0.62% | 0.52% | 0.43% | 0.02% | 1.65% |
Expense Ratio
GSSRX features an expense ratio of 0.48%, falling within the medium range.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of GSSRX is 85, placing it in the top 15% 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 Short Duration Bond Fund (GSSRX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Goldman Sachs Short Duration Bond Fund provided a 3.82% dividend yield over the last twelve months, with an annual payout of $0.37 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.37 | $0.30 | $0.20 | $0.14 | $0.22 | $0.29 | $0.25 | $0.22 | $0.21 | $0.24 | $0.16 | $0.15 |
Dividend yield | 3.82% | 3.15% | 2.18% | 1.36% | 2.16% | 2.86% | 2.55% | 2.21% | 2.08% | 2.43% | 1.61% | 1.44% |
Monthly Dividends
The table displays the monthly dividend distributions for Goldman Sachs Short Duration Bond 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 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.00 | $0.32 | |
| 2023 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.30 |
| 2022 | $0.01 | $0.01 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.20 |
| 2021 | $0.02 | $0.02 | $0.01 | $0.02 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.14 |
| 2020 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.22 |
| 2019 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.29 |
| 2018 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.25 |
| 2017 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.22 |
| 2016 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.01 | $0.02 | $0.02 | $0.02 | $0.21 |
| 2015 | $0.01 | $0.01 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.01 | $0.02 | $0.07 | $0.24 |
| 2014 | $0.01 | $0.02 | $0.01 | $0.02 | $0.02 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.01 | $0.16 |
| 2013 | $0.01 | $0.01 | $0.02 | $0.02 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.15 |
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 Short Duration Bond 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 Short Duration Bond Fund was 8.53%, occurring on Oct 20, 2022. Recovery took 389 trading sessions.
The current Goldman Sachs Short Duration Bond Fund drawdown is 0.89%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -8.53% | Feb 12, 2021 | 426 | Oct 20, 2022 | 389 | May 9, 2024 | 815 |
| -8.24% | Mar 6, 2020 | 11 | Mar 20, 2020 | 50 | Jun 2, 2020 | 61 |
| -2.22% | May 10, 2013 | 31 | Jun 24, 2013 | 111 | Nov 29, 2013 | 142 |
| -1.99% | Sep 6, 2017 | 174 | May 15, 2018 | 178 | Jan 30, 2019 | 352 |
| -1.35% | Oct 25, 2016 | 37 | Dec 15, 2016 | 49 | Feb 28, 2017 | 86 |
Volatility
Volatility Chart
The current Goldman Sachs Short Duration Bond Fund volatility is 0.57%, 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.