Goldman Sachs Short Duration Government Fund (GSTGX)

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Goldman Sachs Short Duration Government Fund (GSTGX) is up 0.3% since the beginning of the year. GSTGX is currently trading at $9 per share. Investors who bought $1,000 worth of GSTGX shares 5 years ago would now be looking at an investment worth $1,049.

Goldman Sachs Short Duration Government Fund (GSTGX) has returned 0.34% so far this year and 3.43% over the past 12 months. Over the last ten years, GSTGX has returned 1.37% per year, falling short of the S&P 500 Index benchmark, which averaged 13.75% annually.

Based on dividend-adjusted daily data since Jan 2, 1990, GSTGX's average daily return is +0.01%, while the average monthly return is +0.24%. At this rate, an investment would double in approximately 24.1 years.

Historically, 71% of months were positive and 29% were negative. The best month was Jan 2008 with a return of +2.1%, while the worst month was Sep 2022 at -2.1%. The longest winning streak lasted 21 consecutive months, and the longest losing streak was 8 months.

On a daily basis, GSTGX closed higher 28% of trading days. The best single day was Mar 13, 2023 with a return of +1.0%, while the worst single day was Apr 19, 1991 at -0.8%.

Goldman Sachs Short Duration Government Fund has an annualized alpha of 3.02%, beta of -0.01, and R2 of 0.00 versus S&P 500 Index. Calculated based on daily prices since January 03, 1990.

• This fund captured 6.60% of S&P 500 Index gains and tended to rise during its downturns (downside capture of -7.33%) - a profile typical of hedging or uncorrelated assets.
• Beta of -0.01 may look defensive, but with R2 of 0.00 this fund is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
• R2 of 0.00 means this fund moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

GSTGX has an expense ratio of 0.48%, placing it in the medium range.

GSTGX ranks 46 for risk / return — on par with similar mutual funds. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.

The table below present risk-adjusted performance metrics for Goldman Sachs Short Duration Government Fund (GSTGX) and compare them to S&P 500 Index.

Goldman Sachs Short Duration Government Fund provided a 3.39% dividend yield over the last twelve months, with an annual payout of $0.32 per share. The fund has been increasing its distributions for 4 consecutive years.

The table displays the monthly dividend distributions for Goldman Sachs Short Duration Government Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

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.

The table below displays the maximum drawdowns of the Goldman Sachs Short Duration Government 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 Government Fund was 8.73%, occurring on Oct 20, 2022. Recovery took 588 trading sessions.

The current Goldman Sachs Short Duration Government Fund drawdown is 0.32%.

The chart below shows the rolling one-month volatility.