Goldman Sachs Strategic Income Fund (GZIRX)
The investment seeks total return comprised of income and capital appreciation. The fund invests in a broadly diversified portfolio of U.S. and foreign investment grade and non-investment grade fixed income investments including, but not limited to: U.S. government securities, non-U.S. sovereign debt, agency securities, corporate debt securities, privately issued adjustable rate and fixed rate mortgage-backed securities or other mortgage-related securities, asset-backed securities, custodial receipts, municipal securities, loan participations and loan assignments and convertible securities.
Fund Info
US38145C6387
Jun 29, 2010
$0
Expense Ratio
GZIRX features an expense ratio of 0.78%, falling within the medium range.
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 Strategic 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 Strategic Income Fund had a return of 2.13% year-to-date (YTD) and 8.85% in the last 12 months. Over the past 10 years, Goldman Sachs Strategic Income Fund had an annualized return of 2.91%, while the S&P 500 had an annualized return of 11.29%, indicating that Goldman Sachs Strategic Income Fund did not perform as well as the benchmark.
GZIRX
2.13%
1.16%
3.56%
8.85%
4.38%
2.91%
^GSPC (Benchmark)
4.22%
2.22%
9.51%
22.46%
12.74%
11.29%
Monthly Returns
The table below presents the monthly returns of GZIRX, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 1.92% | 2.13% | |||||||||||
| 2024 | 0.21% | -0.24% | 0.94% | -0.39% | 1.09% | 0.80% | 2.28% | 0.41% | 0.97% | -1.35% | 1.52% | -0.23% | 6.12% |
| 2023 | 2.62% | -0.42% | 0.92% | 0.09% | 0.25% | -0.27% | 1.28% | 0.80% | -0.26% | 1.79% | 1.27% | 2.55% | 11.09% |
| 2022 | -0.08% | -1.77% | -0.27% | -1.06% | -0.49% | -2.54% | 2.16% | -0.44% | -1.57% | 0.51% | 2.32% | -0.10% | -3.40% |
| 2021 | -0.02% | -2.17% | -0.28% | 0.90% | 0.26% | 0.11% | 0.14% | 0.67% | 0.20% | -1.99% | -0.28% | 1.28% | -1.23% |
| 2020 | 0.85% | -0.44% | -7.92% | 4.60% | 3.33% | 1.37% | 2.98% | 1.14% | -0.14% | -0.00% | 2.86% | 1.04% | 9.51% |
| 2019 | 2.68% | 0.38% | 0.49% | 0.57% | 0.09% | 0.56% | 0.31% | -1.05% | -0.07% | 0.77% | 0.50% | 0.61% | 5.96% |
| 2018 | 1.37% | -0.52% | -0.21% | -0.07% | -0.49% | -0.85% | 0.93% | -1.42% | 0.75% | -0.51% | -0.47% | -0.75% | -2.25% |
| 2017 | 0.35% | 0.56% | 0.13% | -0.87% | 0.35% | 0.67% | -0.38% | 0.17% | -0.25% | -0.45% | -0.53% | 0.13% | -0.11% |
| 2016 | -1.71% | -1.49% | 1.63% | 0.77% | 0.69% | -1.27% | 1.27% | 1.12% | 0.26% | 0.49% | -0.06% | 0.68% | 2.33% |
| 2015 | -2.03% | 1.69% | -1.15% | 0.17% | 0.97% | -0.51% | 0.29% | -0.65% | -0.49% | 0.67% | 0.00% | 0.38% | -0.72% |
| 2014 | -0.45% | 0.39% | 0.51% | -0.07% | 0.12% | 0.01% | 0.77% | -0.84% | 0.73% | -0.76% | -0.69% | 0.38% | 0.09% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 95, GZIRX is among the top 5% of mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Goldman Sachs Strategic Income Fund (GZIRX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Goldman Sachs Strategic Income Fund provided a 6.48% dividend yield over the last twelve months, with an annual payout of $0.62 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.62 | $0.62 | $0.38 | $0.25 | $0.24 | $0.37 | $0.31 | $0.24 | $0.13 | $0.21 | $0.58 | $0.38 |
Dividend yield | 6.48% | 6.61% | 3.99% | 2.83% | 2.56% | 3.75% | 3.38% | 2.66% | 1.38% | 2.16% | 6.02% | 3.69% |
Monthly Dividends
The table displays the monthly dividend distributions for Goldman Sachs Strategic 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.04 | $0.00 | $0.04 | ||||||||||
| 2024 | $0.04 | $0.04 | $0.04 | $0.03 | $0.05 | $0.16 | $0.04 | $0.05 | $0.04 | $0.04 | $0.04 | $0.05 | $0.62 |
| 2023 | $0.04 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.02 | $0.03 | $0.03 | $0.03 | $0.04 | $0.02 | $0.38 |
| 2022 | $0.01 | $0.01 | $0.02 | $0.01 | $0.03 | $0.01 | $0.03 | $0.03 | $0.01 | $0.02 | $0.03 | $0.03 | $0.25 |
| 2021 | $0.03 | $0.03 | $0.04 | $0.03 | $0.01 | $0.00 | $0.01 | $0.01 | $0.03 | $0.02 | $0.01 | $0.02 | $0.24 |
| 2020 | $0.03 | $0.03 | $0.02 | $0.03 | $0.04 | $0.04 | $0.02 | $0.03 | $0.04 | $0.03 | $0.03 | $0.04 | $0.37 |
| 2019 | $0.03 | $0.03 | $0.03 | $0.02 | $0.03 | $0.02 | $0.03 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 | $0.31 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 | $0.02 | $0.02 | $0.04 | $0.03 | $0.24 |
| 2017 | $0.01 | $0.01 | $0.00 | $0.02 | $0.01 | $0.01 | $0.01 | $0.02 | $0.01 | $0.01 | $0.01 | $0.00 | $0.13 |
| 2016 | $0.03 | $0.02 | $0.01 | $0.02 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.01 | $0.01 | $0.21 |
| 2015 | $0.02 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.03 | $0.03 | $0.30 | $0.58 |
| 2014 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.14 | $0.38 |
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 Strategic 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 Strategic Income Fund was 13.90%, occurring on Mar 23, 2020. Recovery took 52 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -13.9% | Feb 18, 2020 | 25 | Mar 23, 2020 | 52 | Jun 5, 2020 | 77 |
| -8.19% | Feb 11, 2021 | 351 | Jul 5, 2022 | 299 | Sep 12, 2023 | 650 |
| -6.39% | Sep 19, 2014 | 352 | Feb 11, 2016 | 220 | Dec 23, 2016 | 572 |
| -5.3% | Feb 18, 2011 | 158 | Oct 4, 2011 | 120 | Mar 27, 2012 | 278 |
| -4.62% | Feb 5, 2018 | 224 | Dec 24, 2018 | 74 | Apr 11, 2019 | 298 |
Volatility
Volatility Chart
The current Goldman Sachs Strategic Income Fund volatility is 0.51%, 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.