Goldman Sachs Moderate Allocation Fund
Fund
GOICX
Price as of:
$16.94
+ $0.04
+ 0.24%
Primary Theme
fund company
Name
As of 06/02/2026Price
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.
Watchlist
Vitals
YTD Return
7.3%
1 yr return
18.9%
3 Yr Avg Return
13.4%
5 Yr Avg Return
6.2%
Net Assets
$1.12 B
Holdings in Top 10
80.9%
52 WEEK LOW AND HIGH
$16.9
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.83%
SALES FEES
Front Load N/A
Deferred Load 1.00%
TRADING FEES
Turnover 8.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
$250
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 06/02/2026Price
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.
Watchlist
GOICX - Profile
Distributions
- YTD Total Return 7.3%
- 3 Yr Annualized Total Return 13.4%
- 5 Yr Annualized Total Return 6.2%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.23%
- Dividend Yield 1.2%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameGoldman Sachs Moderate Allocation Fund
-
Fund Family NameGoldman Sachs Fund Complex
-
Inception DateJan 02, 1998
-
Shares OutstandingN/A
-
Share ClassC
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerNeill Nuttall
Fund Description
span style="color:#000000;font-family:Times New Roman;font-size:9pt;"The Fund seeks to achieve its investment objective by investing in a combination of underlying funds that currently exist or that may become available for investment in the future for which Goldman Sachs Asset Management, L.P. (“GSAM” or the “Investment Adviser”) or an affiliate now or in the future acts as investment adviser or principal underwriter without considering or canvassing the /spanspan style="font-family:Times New Roman;font-size:9pt;"universe of unaffiliated funds available, and may also invest in unaffiliated exchange-traded funds (“ETFs”) (collectively, the “Underlying Funds”). Some of the Underlying Funds invest primarily in common stocks and similar types of equity securities (the “Underlying Equity Funds”), some of the Underlying Funds invest primarily in debt securities and similar types of fixed income or money market instruments (the “Underlying Fixed Income Funds”), and other Underlying Funds may invest primarily in alternative asset classes (the “Underlying Alternative Funds”)./spanspan style="font-family:Times New Roman;font-size:9pt;line-height:11pt;" /spanspan style="font-family:Times New Roman;font-size:9pt;"For these purposes, alternative asset/spanspan style="font-family:Times New Roman;font-size:9pt;line-height:11pt;" /spanspan style="font-family:Times New Roman;font-size:9pt;"classes include equity or debt investments in (or other instruments that provide exposure to)/spanspan style="font-family:Times New Roman;font-size:9pt;line-height:11pt;" /spanspan style="font-family:Times New Roman;font-size:9pt;"real estate/spanspan style="font-family:Times New Roman;font-size:9pt;line-height:11pt;" /spanspan style="font-family:Times New Roman;font-size:9pt;"(including real estate investment trusts (“REITs”)),/spanspan style="font-family:Times New Roman;font-size:9pt;line-height:11pt;" /spanspan style="font-family:Times New Roman;font-size:9pt;"infrastructure, commodities,/spanspan style="font-family:Times New Roman;font-size:9pt;line-height:11pt;" /spanspan style="font-family:Times New Roman;font-size:9pt;"and/spanspan style="font-family:Times New Roman;font-size:9pt;line-height:11pt;" /spanspan style="font-family:Times New Roman;font-size:9pt;"currencies./spanspan style="font-family:Times New Roman;font-size:9pt;line-height:11pt;" /spanspan style="font-family:Times New Roman;font-size:9pt;"It/spanspan style="font-family:Times New Roman;font-size:9pt;line-height:11pt;" /spanspan style="font-family:Times New Roman;font-size:9pt;"is expected that the Fund will generally operate as a fund-of-funds, investing principally in Underlying Funds, however the Fund may also invest directly in securities and derivatives. The Fund’s allocations among Underlying Funds and direct investments will vary over time. /spanspan style="font-family:Times New Roman;font-size:9pt;"Under normal conditions, the Fund seeks to achieve its investment objective by investing approximately 60% of its assets (which allocation could be increased or decreased by up/spanspan style="font-family:Times New Roman;font-size:9pt;line-height:11pt;" /spanspan style="font-family:Times New Roman;font-size:9pt;"to 15%) in the Underlying Equity Funds (or direct investments in the types of equity securities held by the Underlying Equity Funds), and approximately 40% of its assets (which allocation could be increased or decreased by up to 15%) in the Underlying Fixed Income Funds/spanspan style="font-family:Times New Roman;font-size:9pt;line-height:11pt;" /spanspan style="font-family:Times New Roman;font-size:9pt;"(or direct investments/spanspan style="font-family:Times New Roman;font-size:9pt;line-height:11pt;" /spanspan style="font-family:Times New Roman;font-size:9pt;"in the types of fixed income securities held by the/spanspan style="font-family:Times New Roman;font-size:9pt;line-height:11pt;" /spanspan style="font-family:Times New Roman;font-size:9pt;"Underlying Fixed Income Funds)./spanspan style="font-family:Times New Roman;font-size:9pt;line-height:11pt;" /spanspan style="font-family:Times New Roman;font-size:9pt;"The Fund may also invest up to 20% of its assets in the Underlying Alternative Funds or direct investments in alternative asset classes in place of equity and/or fixed income allocations. The allocation will be measured at the time of each rebalance of the Fund’s portfolio. Generally, the Investment Adviser rebalances the Fund approximately monthly, but the Fund can be rebalanced more or less frequently at the discretion of the Investment Adviser based on the market environment and its macro views. Unless otherwise stated herein, the Fund’s investment in any of the Underlying Funds may exceed 25% of the Fund’s assets. /spanspan style="font-family:Times New Roman;font-size:9pt;"The Fund can buy many types of securities (directly or indirectly through investment in Underlying Funds), including common stocks, convertible securities, corporate bonds, government bonds, municipal securities, inflation-indexed bonds, and mortgage- and asset-backed securities. The Fund may invest in securities of any size, investment style, category or credit quality (including high yield debt securities, commonly referred to as junk bonds) and from any country (including emerging markets). /spanspan style="font-family:Times New Roman;font-size:9pt;"The Fund may use derivatives for both hedging and non-hedging purposes. The Fund’s use of derivatives may include (i) futures contracts, including futures based on equity or fixed income indices, and interest rate futures; (ii) options, including long and short positions in call options and put options on indices, individual securities or currencies and options on futures contracts; and (iii) currency forwards, and non-deliverable forwards) and (iv)/spanspan style="font-family:Times New Roman;font-size:9pt;line-height:11pt;" /spanspan style="font-family:Times New Roman;font-size:9pt;"swaps. /spanspan style="font-family:Times New Roman;font-size:9pt;"The Investment Adviser measures the Fund's performance against the Moderate Allocation Composite Index, the Fund’s blended benchmark,/spanspan style="font-family:Times New Roman;font-size:9pt;line-height:11pt;" /spanspan style="font-family:Times New Roman;font-size:9pt;"which is discussed further under “Performance.” /spanspan style="font-family:Times New Roman;font-size:9pt;"THE PARTICULAR UNDERLYING FUNDS IN WHICH THE FUND MAY INVEST, THE EQUITY/FIXED INCOME/ ALTERNATIVE TARGETS AND RANGES AND INVESTMENTS IN EACH UNDERLYING FUND MAY BE CHANGED FROM TIME TO TIME WITHOUT SHAREHOLDER APPROVAL OR NOTICE./span
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GOICX - Performance
Return Ranking - Trailing
| Period | GOICX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 7.3% | -2.6% | 54.7% | 64.68% |
| 1 Yr | 18.9% | -0.9% | 87.4% | 57.71% |
| 3 Yr | 13.4%* | 2.6% | 36.0% | 38.00% |
| 5 Yr | 6.2%* | -2.9% | 15.9% | 30.00% |
| 10 Yr | 7.4%* | 1.4% | 18.0% | 30.07% |
* Annualized
Return Ranking - Calendar
| Period | GOICX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2025 | 6.1% | -33.9% | 25.2% | 55.72% |
| 2024 | 4.3% | -9.5% | 25.7% | 46.77% |
| 2023 | 12.8% | -18.9% | 60.2% | 18.50% |
| 2022 | -20.0% | -48.5% | 0.1% | 72.00% |
| 2021 | 5.0% | -19.0% | 48.3% | 44.00% |
Total Return Ranking - Trailing
| Period | GOICX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 7.3% | -2.6% | 54.7% | 64.68% |
| 1 Yr | 18.9% | -0.9% | 87.4% | 57.71% |
| 3 Yr | 13.4%* | 2.6% | 36.0% | 38.00% |
| 5 Yr | 6.2%* | -2.9% | 15.9% | 30.00% |
| 10 Yr | 7.4%* | 1.4% | 18.0% | 30.07% |
* Annualized
Total Return Ranking - Calendar
| Period | GOICX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2025 | 14.7% | -3.0% | 37.6% | 37.31% |
| 2024 | 10.3% | -0.9% | 29.9% | 38.31% |
| 2023 | 13.9% | -8.5% | 61.8% | 24.50% |
| 2022 | -16.2% | -46.5% | 4.6% | 71.50% |
| 2021 | 11.4% | -9.4% | 48.3% | 51.00% |
NAV & Total Return History
GOICX - Holdings
Concentration Analysis
| GOICX | Category Low | Category High | GOICX % Rank | |
|---|---|---|---|---|
| Net Assets | 1.12 B | 3.97 M | 10.4 B | 16.42% |
| Number of Holdings | 144 | 3 | 2688 | 31.34% |
| Net Assets in Top 10 | 861 M | 2.03 M | 7.58 B | 15.92% |
| Weighting of Top 10 | 80.86% | 12.1% | 108.8% | 41.29% |
Top 10 Holdings
- Goldman Sachs Global Core Fixed Income 20.98%
- Goldman Sachs MarketBeta US Equity ETF 10.70%
- Goldman Sachs Large Cap Value Insights Fund 9.63%
- Goldman Sachs Large Cap Growth Insights Fund 8.88%
- Goldman Sachs Access Investment Grade Corporate Bond Etf 8.19%
- Goldman Sachs International Equity Insights Fund 7.51%
- Goldman Sachs MarketBeta International Equity ETF 5.94%
- Goldman Sachs Emerging Markets Equity Insights Fund 3.27%
- Goldman Sachs Inflation Protected Securities Fund 3.06%
- Goldman Sachs MarketBeta Emerging Markets Equity ETF 2.69%
Asset Allocation
| Weighting | Return Low | Return High | GOICX % Rank | |
|---|---|---|---|---|
| Stocks | 96.75% | 0.00% | 140.13% | 26.37% |
| Cash | 2.90% | -33.22% | 90.54% | 59.20% |
| Convertible Bonds | 1.14% | 0.00% | 8.92% | 17.91% |
| Other | 0.35% | -29.71% | 150.32% | 21.89% |
| Preferred Stocks | 0.00% | -0.09% | 5.36% | 33.33% |
| Bonds | 0.00% | -4.47% | 106.59% | 56.72% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | GOICX % Rank | |
|---|---|---|---|---|
| Technology | 19.34% | 0.00% | 85.77% | 33.53% |
| Financial Services | 13.45% | 0.00% | 98.22% | 36.47% |
| Healthcare | 11.29% | 0.00% | 38.63% | 46.47% |
| Consumer Cyclical | 11.17% | 0.00% | 25.83% | 20.00% |
| Industrials | 10.11% | 0.00% | 23.31% | 38.24% |
| Consumer Defense | 7.55% | 0.00% | 37.51% | 32.94% |
| Energy | 6.91% | 0.00% | 60.89% | 36.47% |
| Communication Services | 6.71% | 0.00% | 21.61% | 35.88% |
| Real Estate | 5.27% | 0.00% | 99.45% | 30.59% |
| Basic Materials | 4.49% | 0.00% | 56.73% | 40.00% |
| Utilities | 3.71% | 0.00% | 91.12% | 39.41% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | GOICX % Rank | |
|---|---|---|---|---|
| US | 96.75% | 0.00% | 140.13% | 26.37% |
| Non US | 0.00% | -1.94% | 45.18% | 42.79% |
GOICX - Expenses
Operational Fees
| GOICX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.83% | 0.46% | 6.65% | 45.77% |
| Management Fee | 0.15% | 0.00% | 1.50% | 3.98% |
| 12b-1 Fee | 0.75% | 0.00% | 1.00% | 75.97% |
| Administrative Fee | N/A | 0.05% | 0.70% | N/A |
Sales Fees
| GOICX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 3.75% | 5.75% | N/A |
| Deferred Load | 1.00% | 1.00% | 1.00% | 26.32% |
Trading Fees
| GOICX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 0.50% | 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.
| GOICX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 8.00% | 1.75% | 441.00% | 4.73% |
GOICX - Distributions
Dividend Yield Analysis
| GOICX | Category Low | Category High | GOICX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 1.16% | 0.00% | 23.29% | 67.16% |
Dividend Distribution Analysis
| GOICX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Quarterly | Annual | Annual | Annual |
Net Income Ratio Analysis
| GOICX | Category Low | Category High | GOICX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 1.23% | -2.01% | 13.72% | 33.83% |
Capital Gain Distribution Analysis
| GOICX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Mar 30, 2026 | $0.049 | OrdinaryDividend |
| Dec 30, 2025 | $0.152 | OrdinaryDividend |
| Dec 05, 2025 | $0.033 | CapitalGainShortTerm |
| Dec 05, 2025 | $0.944 | CapitalGainLongTerm |
| Sep 29, 2025 | $0.025 | OrdinaryDividend |
| Jun 27, 2025 | $0.027 | OrdinaryDividend |
| Mar 28, 2025 | $0.088 | OrdinaryDividend |
| Dec 30, 2024 | $0.325 | OrdinaryDividend |
| Dec 06, 2024 | $0.026 | CapitalGainShortTerm |
| Dec 06, 2024 | $0.437 | CapitalGainLongTerm |
| Dec 06, 2024 | $0.463 | OrdinaryDividend |
| Sep 27, 2024 | $0.027 | OrdinaryDividend |
| Mar 27, 2024 | $0.026 | OrdinaryDividend |
| Dec 28, 2023 | $0.025 | OrdinaryDividend |
| Sep 28, 2023 | $0.044 | OrdinaryDividend |
| Jun 29, 2023 | $0.038 | OrdinaryDividend |
| Mar 30, 2023 | $0.027 | OrdinaryDividend |
| Dec 23, 2022 | $0.365 | OrdinaryDividend |
| Dec 07, 2022 | $0.227 | CapitalGainLongTerm |
| Sep 29, 2022 | $0.006 | OrdinaryDividend |
| Jun 29, 2022 | $0.022 | OrdinaryDividend |
| Dec 30, 2021 | $0.518 | OrdinaryDividend |
| Dec 10, 2021 | $0.442 | OrdinaryDividend |
| Mar 30, 2021 | $0.005 | OrdinaryDividend |
| Dec 30, 2020 | $0.114 | OrdinaryDividend |
| Dec 10, 2020 | $0.263 | OrdinaryDividend |
| Mar 30, 2020 | $0.012 | OrdinaryDividend |
| Dec 30, 2019 | $0.177 | OrdinaryDividend |
| Mar 28, 2019 | $0.011 | OrdinaryDividend |
| Dec 28, 2018 | $0.203 | OrdinaryDividend |
| Jun 28, 2018 | $0.003 | OrdinaryDividend |
| Mar 28, 2018 | $0.006 | OrdinaryDividend |
| Dec 28, 2017 | $0.216 | OrdinaryDividend |
| Sep 28, 2017 | $0.016 | OrdinaryDividend |
| Dec 29, 2016 | $0.076 | OrdinaryDividend |
| Dec 30, 2015 | $0.344 | OrdinaryDividend |
| Dec 30, 2014 | $0.256 | OrdinaryDividend |
| Dec 30, 2013 | $0.196 | OrdinaryDividend |
| Dec 28, 2012 | $0.204 | OrdinaryDividend |
| Dec 29, 2011 | $0.124 | OrdinaryDividend |
| Mar 30, 2011 | $0.017 | OrdinaryDividend |
| Dec 30, 2010 | $0.140 | OrdinaryDividend |
| Jun 29, 2010 | $0.001 | OrdinaryDividend |
| Mar 30, 2010 | $0.032 | OrdinaryDividend |
| Dec 18, 2009 | $0.099 | OrdinaryDividend |
| Sep 29, 2009 | $0.134 | OrdinaryDividend |
| Jun 29, 2009 | $0.023 | OrdinaryDividend |
| Mar 30, 2009 | $0.041 | OrdinaryDividend |
| Dec 19, 2008 | $0.002 | CapitalGainShortTerm |
| Dec 19, 2008 | $0.349 | CapitalGainLongTerm |
| Sep 29, 2008 | $0.018 | OrdinaryDividend |
| Jun 27, 2008 | $0.023 | OrdinaryDividend |
| Mar 28, 2008 | $0.039 | OrdinaryDividend |
| Dec 19, 2007 | $0.278 | OrdinaryDividend |
| Dec 19, 2007 | $0.006 | CapitalGainShortTerm |
| Dec 19, 2007 | $0.307 | CapitalGainLongTerm |
| Sep 27, 2007 | $0.017 | OrdinaryDividend |
| Jun 28, 2007 | $0.006 | OrdinaryDividend |
| Mar 29, 2007 | $0.017 | OrdinaryDividend |
| Dec 18, 2006 | $0.143 | OrdinaryDividend |
| Dec 18, 2006 | $0.023 | CapitalGainShortTerm |
| Dec 18, 2006 | $0.553 | CapitalGainLongTerm |
| Sep 28, 2006 | $0.025 | OrdinaryDividend |
| Jun 29, 2006 | $0.016 | OrdinaryDividend |
| Mar 30, 2006 | $0.065 | OrdinaryDividend |
| Dec 15, 2005 | $0.065 | OrdinaryDividend |
| Dec 15, 2005 | $0.056 | CapitalGainLongTerm |
| Sep 29, 2005 | $0.025 | OrdinaryDividend |
| Jun 29, 2005 | $0.024 | OrdinaryDividend |
| Mar 30, 2005 | $0.046 | OrdinaryDividend |
| Dec 16, 2004 | $0.069 | OrdinaryDividend |
| Sep 29, 2004 | $0.019 | OrdinaryDividend |
| Jun 29, 2004 | $0.018 | OrdinaryDividend |
| Mar 30, 2004 | $0.022 | OrdinaryDividend |
| Dec 10, 2003 | $0.016 | OrdinaryDividend |
| Sep 29, 2003 | $0.015 | OrdinaryDividend |
| Jun 27, 2003 | $0.031 | OrdinaryDividend |
| Mar 28, 2003 | $0.030 | OrdinaryDividend |
| Dec 19, 2002 | $0.050 | OrdinaryDividend |
| Sep 27, 2002 | $0.029 | OrdinaryDividend |
| Jun 27, 2002 | $0.034 | OrdinaryDividend |
| Mar 27, 2002 | $0.024 | OrdinaryDividend |
| Dec 20, 2001 | $0.038 | OrdinaryDividend |
| Dec 20, 2001 | $0.265 | CapitalGainLongTerm |
GOICX - Fund Manager Analysis
Managers
Neill Nuttall
Start Date
Tenure
Tenure Rank
Feb 19, 2019
3.28
3.3%
Neill Nuttall is a managing director and the chief investment officer of the Multi-Asset Solutions Group (MAS) in Goldman Sachs Asset Management (GSAM). He also serves as chairman of the MAS Investment Committee. Neill joined Goldman Sachs as a managing director in GSAM in 2014. Prior to joining the firm, Neill worked for almost 30 years at JPMorgan Asset Management (JPMAM) and its heritage firms, based for 14 years in Hong Kong and subsequently in London. From 2006, Neill served as chief investment officer and head of JPMAM’s Global Multi Asset Group (GMAG) and latterly as head of Asset Allocation for GMAG. Prior to joining GMAG, Neill served as a managing director and senior strategist within JPMAM’s Currency Group. Previous roles included senior investing positions at Jardine Fleming Investment Management in the International Multi-Asset Portfolios Group. Prior to joining JPMAM, Neill worked for Standard Chartered Bank in Hong Kong and Thailand. Neill earned a BA (Hons) in politics from the University of Exeter.
Siwen Wu
Start Date
Tenure
Tenure Rank
May 24, 2021
1.02
1.0%
Mr. Wu is a Vice President focusing on multi-asset funds and institutional portfolios within the Global Portfolio Solutions (GPS) Group in GSAM. Prior to joining GPS in 2014, Mr. Wu spent two years in the Market Risk Management Group at Goldman Sachs where he worked on risk analysis and capital efficiency projects for the Securities Division businesses.
Alexandra Wilson-Elizondo
Start Date
Tenure
Tenure Rank
Jan 03, 2022
0.41
0.4%
Alexandra Wilson-Elizondo is a managing director and head of multi-asset funds and model portfolio management within the Multi-Asset Solutions (MAS) Group in Goldman Sachs Asset Management, focusing on the US market. She joined Goldman Sachs as a managing director in 2020. Prior to joining the firm, Alexandra was a managing director and deputy head of global credit at MacKay Shields. She was also a member of the Investment Policy Committee, which formulated the group’s macroeconomic outlook and asset allocation decisions, and was responsible for the implementation of the investment process for the global credit team. She also served as a senior portfolio manager with oversight for the investment grade, high yield, global high yield and index strategies. Alexandra was a member of the firm’s Responsible Investing Advisory Committee and managed the ESG credit and multi-sector portfolios. Prior, she spent seven years at Vanguard as a manager on the taxable money market desk and as head of corporate credit risk for Vanguard’s fixed income index funds and ETFs. Alexandra earned a BA from Haverford College and a MBA from NYU’s Stern School of Business.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.07 | 33.83 | 6.55 | 13.0 |