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Trending ETFs

Name

As of

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

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Vitals

YTD Return

N/A

1 yr return

16.7%

3 Yr Avg Return

19.5%

5 Yr Avg Return

16.6%

Net Assets

$758 M

Holdings in Top 10

16.7%

52 WEEK LOW AND HIGH

N/A
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.96%

SALES FEES

Front Load N/A

Deferred Load 5.00%

TRADING FEES

Turnover 95.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$1,000

IRA

$250


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

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GCTBX - Profile

Distributions

  • YTD Total Return N/A
  • 3 Yr Annualized Total Return 18.8%
  • 5 Yr Annualized Total Return 16.4%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.04%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Goldman Sachs U.S. Tax-Managed Equity Fund
  • Fund Family Name
    Goldman Sachs
  • Inception Date
    Apr 03, 2000
  • Shares Outstanding
    N/A
  • Share Class
    B
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Monali Vora

Fund Description


GCTBX - Performance

Return Ranking - Trailing

Period GCTBX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -14.1% 30.4% N/A
1 Yr 16.7% -59.9% 30.1% N/A
3 Yr 19.5%* -32.6% 22.2% N/A
5 Yr 16.6%* -23.0% 12.9% N/A
10 Yr 7.0%* -5.8% 18.9% N/A

* Annualized

Return Ranking - Calendar

Period GCTBX Return Category Return Low Category Return High Rank in Category (%)
2023 N/A -67.0% 16.7% N/A
2022 N/A -32.8% 34.8% N/A
2021 N/A -28.0% 20.8% N/A
2020 N/A -46.9% 5.7% N/A
2019 N/A -24.8% 53.8% N/A

Total Return Ranking - Trailing

Period GCTBX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -14.1% 30.4% N/A
1 Yr 11.7% -59.9% 30.9% N/A
3 Yr 18.8%* -32.6% 22.7% N/A
5 Yr 16.4%* -21.1% 13.9% N/A
10 Yr 7.0%* -4.0% 23.6% N/A

* Annualized

Total Return Ranking - Calendar

Period GCTBX Return Category Return Low Category Return High Rank in Category (%)
2023 N/A -67.0% 17.4% N/A
2022 N/A -22.1% 34.8% N/A
2021 N/A -14.7% 21.8% N/A
2020 N/A -23.7% 7.0% N/A
2019 N/A -24.8% 56.3% N/A

GCTBX - Holdings

Concentration Analysis

GCTBX Category Low Category High GCTBX % Rank
Net Assets 758 M 1.75 M 804 B N/A
Number of Holdings 229 7 3609 N/A
Net Assets in Top 10 104 M 426 K 145 B N/A
Weighting of Top 10 16.69% 2.4% 620.5% N/A

Top 10 Holdings

  1. Johnson & Johnson 2.43%
  2. Wells Fargo & Co 2.08%
  3. Apple Inc 1.95%
  4. Pfizer Inc 1.94%
  5. JPMorgan Chase & Co 1.42%
  6. CVS Caremark Corp 1.41%
  7. Oracle Corporation 1.39%
  8. Micron Technology Inc 1.39%
  9. Gilead Sciences Inc 1.36%
  10. ConocoPhillips 1.32%

Asset Allocation

Weighting Return Low Return High GCTBX % Rank
Stocks
100.00% -1.61% 163.34% N/A
Preferred Stocks
0.00% -0.37% 6.86% N/A
Other
0.00% -10.30% 22.51% N/A
Convertible Bonds
0.00% 0.00% 2.23% N/A
Cash
0.00% -187.97% 79.90% N/A
Bonds
0.00% -0.68% 186.14% N/A

Stock Sector Breakdown

Weighting Return Low Return High GCTBX % Rank
Technology
18.98% 0.00% 52.42% N/A
Healthcare
16.38% 0.00% 27.42% N/A
Financial Services
12.45% 0.00% 54.06% N/A
Consumer Cyclical
12.18% -14.17% 33.07% N/A
Industrials
11.14% 0.00% 36.25% N/A
Consumer Defense
7.95% 0.00% 64.11% N/A
Energy
6.66% 0.00% 98.96% N/A
Communication Services
4.43% 0.00% 14.58% N/A
Real Estate
4.00% -0.03% 95.70% N/A
Basic Materials
2.99% 0.00% 25.02% N/A
Utilities
2.85% 0.00% 19.90% N/A

Stock Geographic Breakdown

Weighting Return Low Return High GCTBX % Rank
US
99.35% -1.61% 160.73% N/A
Non US
0.65% -38.73% 92.97% N/A

GCTBX - Expenses

Operational Fees

GCTBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.96% 0.00% 153.75% N/A
Management Fee 0.70% 0.00% 1.50% N/A
12b-1 Fee 1.00% 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 0.85% N/A

Sales Fees

GCTBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.00% 5.75% N/A
Deferred Load 5.00% 0.95% 5.00% N/A

Trading Fees

GCTBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.15% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

GCTBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 95.00% 0.00% 836.00% N/A

GCTBX - Distributions

Dividend Yield Analysis

GCTBX Category Low Category High GCTBX % Rank
Dividend Yield 0.00% 0.00% 0.10% N/A

Dividend Distribution Analysis

GCTBX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Quarterly Annually

Net Income Ratio Analysis

GCTBX Category Low Category High GCTBX % Rank
Net Income Ratio 0.04% -1.49% 3.64% N/A

Capital Gain Distribution Analysis

GCTBX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

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GCTBX - Fund Manager Analysis

Managers

Monali Vora


Start Date

Tenure

Tenure Rank

Dec 31, 2010

3.84

3.8%

Monali is a member of the Taxable Investment Strategies Team. She works with wealthy individuals and family groups, with a focus on maximizing after-tax returns. Prior to working in the Taxable Investment Strategies team, she spent 5 years as a member of the Portfolio Implementation Team in GQE. Monali joined GSAM in 2000. She received her Bachelor of Mathematics from the University of Waterloo in 2000.

Osman Ali


Start Date

Tenure

Tenure Rank

Apr 30, 2014

0.5

0.5%

Mr. Ali is a member of the research and portfolio management team within GSAM’s Quantitative Investment Strategies (QIS) group. He focuses on research and portfolio management for the Fund as well as Japanese long-only and long/short equity portfolios. In addition, his responsibilities include researching and implementing optimal portfolio construction techniques. He joined Goldman Sachs in 2003 and joined the QIS group in 2005.

Ronald Hua


Start Date

Tenure

Tenure Rank

Sep 22, 2011

3.11

3.1%

Mr. Hua is the Chief Investment Officer of Equity Alpha Strategies for GSAM’s Quantitative Investment Strategies team. Mr. Hua joined GSAM as a partner in 2011, and oversees all research, portfolio management and trading for the QIS quantitative equity business. Prior to joining the firm, Ronald was the Chief Investment Officer and Head of Research for Equity Investments at PanAgora Asset Management (2004-2011). Before joining PanAgora, Mr. Hua worked on Putnam’s Structured Equity team as a lead manager responsible for Small Cap Structured Equity portfolios. He also contributed to quantitative research and analysis that support all Structured Equity portfolios, including U.S. large cap and International strategies, and worked closely with the teams that manage Putnam’s more traditional small- and mid-cap strategies. Before joining Putnam in 1999, Mr. Hua was a Quantitative Analyst at Fidelity Investments. Mr. Hua is a CFA charterholder.

Gary Chropuvka


Start Date

Tenure

Tenure Rank

Jun 06, 2013

1.4

1.4%

Gary is responsible for the day-to-day implementation and trading of the portfolios. He is also a member of the GQE Investment Policy Committee. Gary joined Goldman Sachs Asset Management in 1998, working on Private Equity Partnerships. Prior to that, he spent four years with Morgan Stanley's Correspondent Clearing Group. Gary has 11 years of industry experience. He received a BA in Mathematics from Rutgers University and a Masters in Financial Engineering from Columbia University.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.33 27.35 8.01 6.99