Goldman Sachs Technology Opportunities Fund
Name
As of 03/26/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
11.1%
1 yr return
54.1%
3 Yr Avg Return
8.6%
5 Yr Avg Return
17.5%
Net Assets
$747 M
Holdings in Top 10
50.8%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.05%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 41.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 03/26/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
GITIX - Profile
Distributions
- YTD Total Return 11.1%
- 3 Yr Annualized Total Return 8.6%
- 5 Yr Annualized Total Return 17.5%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.44%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameGoldman Sachs Technology Opportunities Fund
-
Fund Family NameGoldman Sachs Fund Complex
-
Inception DateOct 01, 1999
-
Shares OutstandingN/A
-
Share ClassInstl
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerSteven Barry
Fund Description
GITIX - Performance
Return Ranking - Trailing
Period | GITIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 11.1% | -15.0% | 28.6% | 53.74% |
1 Yr | 54.1% | -16.7% | 81.1% | 30.40% |
3 Yr | 8.6%* | -30.8% | 29.1% | 42.15% |
5 Yr | 17.5%* | -9.7% | 35.6% | 46.23% |
10 Yr | 16.8%* | 0.3% | 27.6% | 50.00% |
* Annualized
Return Ranking - Calendar
Period | GITIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 58.3% | -5.6% | 96.9% | 16.37% |
2022 | -49.4% | -73.9% | -16.4% | 86.10% |
2021 | 5.6% | -44.6% | 51.5% | 48.20% |
2020 | 35.0% | 5.5% | 154.1% | 73.56% |
2019 | 20.0% | -3.0% | 63.7% | 83.84% |
Total Return Ranking - Trailing
Period | GITIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 11.1% | -15.0% | 28.6% | 53.74% |
1 Yr | 54.1% | -16.7% | 81.1% | 30.40% |
3 Yr | 8.6%* | -30.8% | 29.1% | 42.15% |
5 Yr | 17.5%* | -9.7% | 35.6% | 46.23% |
10 Yr | 16.8%* | 0.3% | 27.6% | 50.00% |
* Annualized
Total Return Ranking - Calendar
Period | GITIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 58.3% | -2.3% | 96.9% | 19.91% |
2022 | -39.2% | -67.5% | -5.9% | 69.06% |
2021 | 21.7% | -17.8% | 59.2% | 32.88% |
2020 | 45.9% | 17.5% | 157.5% | 67.79% |
2019 | 38.3% | 7.5% | 66.9% | 55.56% |
NAV & Total Return History
GITIX - Holdings
Concentration Analysis
GITIX | Category Low | Category High | GITIX % Rank | |
---|---|---|---|---|
Net Assets | 747 M | 4.18 M | 58.1 B | 55.70% |
Number of Holdings | 36 | 10 | 319 | 84.65% |
Net Assets in Top 10 | 335 M | 1.23 M | 40.5 B | 53.07% |
Weighting of Top 10 | 50.78% | 11.5% | 100.0% | 52.19% |
Top 10 Holdings
- Microsoft Corp 10.77%
- Alphabet Inc 8.67%
- Amazon.com Inc 8.24%
- NVIDIA Corp 5.21%
- Visa Inc 3.22%
- Marvell Technology Inc 3.21%
- Apple Inc 3.10%
- Adobe Inc 2.83%
- KLA Corp 2.79%
- Workday Inc 2.75%
Asset Allocation
Weighting | Return Low | Return High | GITIX % Rank | |
---|---|---|---|---|
Stocks | 97.59% | 0.00% | 103.06% | 66.23% |
Cash | 2.41% | -0.14% | 26.97% | 36.84% |
Preferred Stocks | 0.00% | 0.00% | 7.72% | 25.88% |
Other | 0.00% | -0.04% | 26.87% | 36.40% |
Convertible Bonds | 0.00% | 0.00% | 0.40% | 14.91% |
Bonds | 0.00% | 0.00% | 90.88% | 13.16% |
Stock Sector Breakdown
Weighting | Return Low | Return High | GITIX % Rank | |
---|---|---|---|---|
Technology | 70.38% | 2.80% | 100.00% | 49.56% |
Communication Services | 12.26% | 0.00% | 97.05% | 27.63% |
Consumer Cyclical | 8.44% | 0.00% | 32.97% | 31.58% |
Real Estate | 5.30% | 0.00% | 15.05% | 3.51% |
Financial Services | 3.63% | 0.00% | 38.36% | 54.39% |
Utilities | 0.00% | 0.00% | 5.17% | 13.16% |
Industrials | 0.00% | 0.00% | 38.68% | 72.37% |
Healthcare | 0.00% | 0.00% | 25.57% | 60.96% |
Energy | 0.00% | 0.00% | 1.24% | 12.72% |
Consumer Defense | 0.00% | 0.00% | 5.64% | 23.25% |
Basic Materials | 0.00% | 0.00% | 2.38% | 21.05% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | GITIX % Rank | |
---|---|---|---|---|
US | 97.59% | 0.00% | 103.06% | 41.23% |
Non US | 0.00% | 0.00% | 58.19% | 55.70% |
GITIX - Expenses
Operational Fees
GITIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.05% | 0.08% | 6.86% | 45.81% |
Management Fee | 0.94% | 0.03% | 1.95% | 87.72% |
12b-1 Fee | 0.00% | 0.00% | 1.00% | 4.76% |
Administrative Fee | N/A | 0.00% | 0.50% | N/A |
Sales Fees
GITIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 3.50% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
GITIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 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.
GITIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 41.00% | 0.69% | 281.00% | 47.22% |
GITIX - Distributions
Dividend Yield Analysis
GITIX | Category Low | Category High | GITIX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 7.37% | 39.04% |
Dividend Distribution Analysis
GITIX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annual | Annual | Annual |
Net Income Ratio Analysis
GITIX | Category Low | Category High | GITIX % Rank | |
---|---|---|---|---|
Net Income Ratio | -0.44% | -2.30% | 2.08% | 48.21% |
Capital Gain Distribution Analysis
GITIX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
GITIX - Fund Manager Analysis
Managers
Steven Barry
Start Date
Tenure
Tenure Rank
Oct 01, 1999
22.68
22.7%
Mr. Barry, Managing Director, Co-Chief Investment Officer of Fundamental Equity U.S. Equity, joined GSAM as a portfolio manager in 1999. Mr. Leahy, Managing Director and Co-Lead Portfolio Manager-Strategic Growth, joined GSAM as a portfolio manager in 2005. Mr. Becker, Managing Director and Co-Lead Portfolio Manager-Strategic Growth, joined GSAM in 1999. He also serves as a portfolio manager for the Growth Team and is a member of the U.S. Equity Investment Committee.
Charles (Brook) Dane
Start Date
Tenure
Tenure Rank
Jan 09, 2018
4.39
4.4%
Charles (Brook) Dane is a portfolio manager on the US Equity Team of Goldman Sachs Asset Management, L.P. He joined the Goldman Sachs Asset Management, L.P. in 2010 as a portfolio manager for the Value Team. Before joining the firm, Mr. Dane was a Senior Vice President at Putnam Investments. He spent 13 years at Putnam Investments as a research analyst and more recently as a portfolio manager there. Prior to that, he was an Associate at Dane, Falb, Stone & Co.
Sung Cho
Start Date
Tenure
Tenure Rank
Jan 09, 2018
4.39
4.4%
Sung Cho joined the Goldman Sachs Asset Management, LP in 2004. Sung is a portfolio manager on the US Value Equity Team, where he has broad research responsibilities across the value strategies. Previously, he supported the CEO, COO and CAO of the GSAM Fundamental Equity business on strategic projects. From 2004-2006, Sung worked in the IMD Finance and Strategy team supporting divisional management in a similar capacity. Before joining Goldman Sachs, Sung was a management consultant focused on Strategy and Operations at Deloitte Consulting. Sung earned his B.A. at Dartmouth College in Applied Mathematics. He received his Chartered Financial Analyst designation in 2008.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.04 | 32.43 | 8.4 | 1.41 |