Goldman Sachs Real Estate Securities Fund
Name
As of 04/17/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-9.7%
1 yr return
0.2%
3 Yr Avg Return
-1.5%
5 Yr Avg Return
1.7%
Net Assets
$99 M
Holdings in Top 10
59.8%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.82%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 37.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/17/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
GRERX - Profile
Distributions
- YTD Total Return -9.7%
- 3 Yr Annualized Total Return -1.5%
- 5 Yr Annualized Total Return 1.7%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.93%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameGoldman Sachs Real Estate Securities Fund
-
Fund Family NameGoldman Sachs Fund Complex
-
Inception DateNov 30, 2007
-
Shares OutstandingN/A
-
Share ClassR
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerTimothy Ryan
Fund Description
GRERX - Performance
Return Ranking - Trailing
Period | GRERX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -9.7% | -14.8% | 2.0% | 65.35% |
1 Yr | 0.2% | -14.1% | 15.8% | 36.22% |
3 Yr | -1.5%* | -12.9% | 10.4% | 34.68% |
5 Yr | 1.7%* | -11.7% | 13.2% | 63.16% |
10 Yr | 3.7%* | -1.9% | 13.9% | 76.97% |
* Annualized
Return Ranking - Calendar
Period | GRERX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 11.7% | -17.6% | 24.6% | 13.39% |
2022 | -31.4% | -51.3% | 2.7% | 55.73% |
2021 | 34.7% | -7.7% | 52.3% | 36.29% |
2020 | -17.0% | -42.2% | 35.0% | 86.32% |
2019 | 5.0% | -0.6% | 43.1% | 91.56% |
Total Return Ranking - Trailing
Period | GRERX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -9.7% | -14.8% | 2.0% | 65.35% |
1 Yr | 0.2% | -14.1% | 15.8% | 36.22% |
3 Yr | -1.5%* | -12.9% | 10.4% | 34.68% |
5 Yr | 1.7%* | -11.7% | 13.2% | 63.16% |
10 Yr | 3.7%* | -1.9% | 13.9% | 76.97% |
* Annualized
Total Return Ranking - Calendar
Period | GRERX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 16.3% | -14.0% | 25.0% | 6.30% |
2022 | -28.2% | -40.7% | 7.8% | 80.63% |
2021 | 43.8% | 7.8% | 54.6% | 24.60% |
2020 | -8.0% | -36.6% | 44.3% | 78.63% |
2019 | 24.5% | 3.4% | 46.4% | 70.67% |
NAV & Total Return History
GRERX - Holdings
Concentration Analysis
GRERX | Category Low | Category High | GRERX % Rank | |
---|---|---|---|---|
Net Assets | 99 M | 2.26 M | 63.6 B | 77.91% |
Number of Holdings | 35 | 18 | 513 | 64.21% |
Net Assets in Top 10 | 61.1 M | 711 K | 30.4 B | 75.28% |
Weighting of Top 10 | 59.82% | 16.9% | 82.2% | 22.14% |
Top 10 Holdings
- Prologis Inc 15.84%
- Equinix Inc 9.84%
- Welltower Inc 6.05%
- Extra Space Storage Inc 5.63%
- AvalonBay Communities Inc 4.41%
- Simon Property Group Inc 4.27%
- Alexandria Real Estate Equities Inc 3.69%
- Digital Realty Trust Inc 3.50%
- Public Storage 3.31%
- Invitation Homes Inc 3.29%
Asset Allocation
Weighting | Return Low | Return High | GRERX % Rank | |
---|---|---|---|---|
Stocks | 98.75% | 0.00% | 106.01% | 52.03% |
Cash | 1.25% | -42.50% | 20.74% | 48.34% |
Preferred Stocks | 0.00% | 0.00% | 31.13% | 82.29% |
Other | 0.00% | -89.96% | 112.19% | 76.01% |
Convertible Bonds | 0.00% | 0.00% | 10.95% | 81.11% |
Bonds | 0.00% | -3.17% | 148.00% | 81.55% |
Stock Sector Breakdown
Weighting | Return Low | Return High | GRERX % Rank | |
---|---|---|---|---|
Real Estate | 100.00% | 34.46% | 100.00% | 29.57% |
Utilities | 0.00% | 0.00% | 3.55% | 78.99% |
Technology | 0.00% | 0.00% | 12.02% | 82.49% |
Industrials | 0.00% | 0.00% | 7.39% | 80.54% |
Healthcare | 0.00% | 0.00% | 0.53% | 79.38% |
Financial Services | 0.00% | 0.00% | 37.05% | 80.54% |
Energy | 0.00% | 0.00% | 33.11% | 79.77% |
Communication Services | 0.00% | 0.00% | 11.61% | 80.93% |
Consumer Defense | 0.00% | 0.00% | 0.93% | 78.99% |
Consumer Cyclical | 0.00% | 0.00% | 45.29% | 90.66% |
Basic Materials | 0.00% | 0.00% | 13.69% | 79.38% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | GRERX % Rank | |
---|---|---|---|---|
US | 98.75% | 0.00% | 106.01% | 45.39% |
Non US | 0.00% | 0.00% | 41.39% | 64.94% |
GRERX - Expenses
Operational Fees
GRERX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.82% | 0.07% | 24.62% | 25.75% |
Management Fee | 0.87% | 0.00% | 1.50% | 77.86% |
12b-1 Fee | 0.50% | 0.00% | 1.00% | 71.54% |
Administrative Fee | N/A | 0.01% | 0.45% | N/A |
Sales Fees
GRERX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 3.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
GRERX 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.
GRERX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 37.00% | 0.11% | 380.00% | 46.43% |
GRERX - Distributions
Dividend Yield Analysis
GRERX | Category Low | Category High | GRERX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 13.05% | 65.31% |
Dividend Distribution Analysis
GRERX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly | Annual | Monthly | Monthly |
Net Income Ratio Analysis
GRERX | Category Low | Category High | GRERX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.93% | -1.14% | 6.05% | 58.21% |
Capital Gain Distribution Analysis
GRERX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Mar 28, 2024 | $0.100 | OrdinaryDividend |
Sep 29, 2023 | $0.057 | OrdinaryDividend |
Jun 30, 2023 | $0.064 | OrdinaryDividend |
Mar 31, 2023 | $0.023 | OrdinaryDividend |
Dec 14, 2022 | $0.361 | OrdinaryDividend |
Sep 30, 2022 | $0.088 | OrdinaryDividend |
Jun 30, 2022 | $0.037 | OrdinaryDividend |
Mar 31, 2022 | $0.002 | OrdinaryDividend |
Sep 30, 2021 | $0.039 | OrdinaryDividend |
Jun 30, 2021 | $0.040 | OrdinaryDividend |
Mar 31, 2021 | $0.030 | OrdinaryDividend |
Sep 30, 2020 | $0.023 | OrdinaryDividend |
Jun 30, 2020 | $0.045 | OrdinaryDividend |
Mar 30, 2020 | $0.054 | OrdinaryDividend |
Dec 23, 2019 | $0.014 | OrdinaryDividend |
Dec 13, 2019 | $2.260 | OrdinaryDividend |
Sep 30, 2019 | $0.068 | OrdinaryDividend |
Mar 29, 2019 | $0.028 | OrdinaryDividend |
Jun 29, 2018 | $0.086 | OrdinaryDividend |
Mar 29, 2018 | $0.041 | OrdinaryDividend |
Sep 29, 2017 | $0.104 | OrdinaryDividend |
Jun 30, 2017 | $0.042 | OrdinaryDividend |
Mar 31, 2017 | $0.108 | OrdinaryDividend |
Dec 23, 2016 | $0.059 | OrdinaryDividend |
Sep 30, 2016 | $0.089 | OrdinaryDividend |
Jun 30, 2016 | $0.112 | OrdinaryDividend |
Mar 31, 2016 | $0.101 | OrdinaryDividend |
Sep 30, 2015 | $0.096 | OrdinaryDividend |
Jun 30, 2015 | $0.067 | OrdinaryDividend |
Mar 31, 2015 | $0.119 | OrdinaryDividend |
Sep 30, 2014 | $0.068 | OrdinaryDividend |
Jun 30, 2014 | $0.085 | OrdinaryDividend |
Mar 31, 2014 | $0.095 | OrdinaryDividend |
Sep 30, 2013 | $0.062 | OrdinaryDividend |
Jun 28, 2013 | $0.057 | OrdinaryDividend |
Mar 28, 2013 | $0.090 | OrdinaryDividend |
Sep 28, 2012 | $0.054 | OrdinaryDividend |
Jun 29, 2012 | $0.057 | OrdinaryDividend |
Mar 30, 2012 | $0.074 | OrdinaryDividend |
Sep 30, 2011 | $0.056 | OrdinaryDividend |
Jun 30, 2011 | $0.055 | OrdinaryDividend |
Mar 31, 2011 | $0.062 | OrdinaryDividend |
Sep 30, 2010 | $0.045 | OrdinaryDividend |
Jun 30, 2010 | $0.041 | OrdinaryDividend |
Mar 31, 2010 | $0.092 | OrdinaryDividend |
Sep 30, 2009 | $0.050 | OrdinaryDividend |
Jun 30, 2009 | $0.074 | OrdinaryDividend |
Mar 31, 2009 | $0.085 | OrdinaryDividend |
Sep 30, 2008 | $0.118 | OrdinaryDividend |
Jun 30, 2008 | $0.090 | OrdinaryDividend |
Mar 31, 2008 | $0.141 | OrdinaryDividend |
GRERX - Fund Manager Analysis
Managers
Timothy Ryan
Start Date
Tenure
Tenure Rank
Oct 26, 2010
11.6
11.6%
Timothy Ryan is a Managing Director of Goldman Sachs Asset Management, L.P.Tim is a portfolio manager for the US Value Equity Team. Tim has research responsibilities over the Office, Diversified, Healthcare and Industrial US REIT sectors, in addition to his Regional Bank coverage across the Value portfolios. Tim has 16 years of industry experience. Before joining GSAM, he spent six years at Oppenheimer Funds where he had research responsibility for the Financial Services sector across all market capitalizations. Prior to that, he was a Financials research analyst at Credit Suisse Asset Management and JP Morgan Investment Management Company. He received a BA in Mathematics and Economics from Boston College and an MBA from Columbia Business School.
Kristin Kuney
Start Date
Tenure
Tenure Rank
Apr 28, 2017
5.09
5.1%
Ms. Kuney joined the Investment Adviser in 2000 and has research responsibilities across the US Value Equity, Real Estate Securities, and Global Infrastructure portfolios. Ms. Kuney joined the Real Estate Team in 2004 as a research analyst and later joined the Value Team in 2009. Prior to that, Ms. Kuney worked in the Global Risk and Performance Analytics group focusing on quantitative and risk analysis of the Goldman Sachs Mutual Funds
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.01 | 28.42 | 7.89 | 2.23 |