GSMSX: Goldman Sachs Mid Cap Value Svc

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GSMSX Goldman Sachs Mid Cap Value Svc


Profile

GSMSX - Profile

Vitals

  • YTD Return -17.2%
  • 3 Yr Annualized Return -9.2%
  • 5 Yr Annualized Return -7.9%
  • Net Assets $898 M
  • Holdings in Top 10 19.0%

52 WEEK LOW AND HIGH

$27.68
$19.60
$34.15

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.34%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 82.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $0
  • IRA N/A

Fund Classification


Distributions

  • YTD Total Return -17.2%
  • 3 Yr Annualized Total Return 0.5%
  • 5 Yr Annualized Total Return 0.6%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.38%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Goldman Sachs Mid Cap Value Fund
  • Fund Family Name
    Goldman Sachs
  • Inception Date
    Jul 18, 1997
  • Shares Outstanding
    N/A
  • Share Class
    S
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Sung Cho

Fund Description

The fund invests, under normal circumstances, at least 80% of its net assets plus any borrowings for investment purposes in a diversified portfolio of equity investments in mid-cap issuers with public stock market capitalizations within the range of the market capitalization of companies constituting the Russell Midcap® Value Index at the time of investment. Although it will invest primarily in publicly traded U.S. securities, the fund may invest in foreign securities, including securities of issuers in countries with emerging markets or economies and securities quoted in foreign currencies.


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Categories

Performance

GSMSX - Performance

Return Ranking - Trailing

Period GSMSX Return Category Return Low Category Return High Rank in Category (%)
YTD -17.2% -42.4% 1712.6% 79.05%
1 Yr -7.3% -62.9% 1838.1% 55.94%
3 Yr -9.2%* -29.8% 173.8% 76.80%
5 Yr -7.9%* -21.9% 7.1% 78.42%
10 Yr -0.7%* -10.0% 11.9% 86.23%

* Annualized

Return Ranking - Calendar

Period GSMSX Return Category Return Low Category Return High Rank in Category (%)
2019 27.5% -23.6% 35.6% 13.74%
2018 -24.1% -44.3% -1.3% 74.47%
2017 -4.6% -13.5% 18.9% 95.38%
2016 11.7% -16.4% 23.6% 37.74%
2015 -20.3% -40.7% -0.7% 89.41%

Total Return Ranking - Trailing

Period GSMSX Return Category Return Low Category Return High Rank in Category (%)
YTD -17.2% -42.4% 1712.6% 79.05%
1 Yr -7.3% -62.9% 1838.1% 55.94%
3 Yr 0.5%* -29.8% 173.8% 30.09%
5 Yr 0.6%* -21.9% 9.3% 36.93%
10 Yr 7.6%* -9.1% 11.9% 29.34%

* Annualized

Total Return Ranking - Calendar

Period GSMSX Return Category Return Low Category Return High Rank in Category (%)
2019 27.5% -23.6% 35.6% 13.74%
2018 -11.0% -44.3% 0.1% 21.32%
2017 10.6% -8.7% 24.9% 70.30%
2016 12.7% -4.7% 26.2% 59.62%
2015 -9.5% -40.3% 3.9% 64.83%

NAV & Total Return History


Holdings

GSMSX - Holdings

Concentration Analysis

GSMSX Category Low Category High GSMSX % Rank
Net Assets 898 M 728 K 98.1 B 32.12%
Number of Holdings 108 1 3236 47.49%
Net Assets in Top 10 153 M 181 K 8.26 B 32.12%
Weighting of Top 10 18.99% 3.2% 100.0% 55.59%

Top 10 Holdings

  1. Xcel Energy Inc 2.20%
  2. CMS Energy Corp 2.11%
  3. Ameren Corp 2.09%
  4. L3Harris Technologies Inc 2.05%
  5. Sempra Energy 1.86%
  6. Zimmer Biomet Holdings Inc 1.80%
  7. American Water Works Co Inc 1.80%
  8. Marvell Technology Group Ltd 1.73%
  9. Atmos Energy Corp 1.70%
  10. AvalonBay Communities Inc 1.67%

Asset Allocation

Weighting Return Low Return High GSMSX % Rank
Stocks
99.09% 78.44% 106.40% 37.99%
Cash
0.91% -6.40% 16.38% 61.73%
Preferred Stocks
0.00% 0.00% 6.47% 58.66%
Other
0.00% -6.55% 2.59% 57.54%
Convertible Bonds
0.00% 0.00% 0.32% 56.42%
Bonds
0.00% 0.00% 5.39% 60.89%

Stock Sector Breakdown

Weighting Return Low Return High GSMSX % Rank
Financial Services
16.24% 0.56% 50.76% 18.72%
Real Estate
13.72% 0.00% 30.44% 6.98%
Utilities
12.86% 0.00% 16.28% 3.63%
Technology
11.44% 3.13% 30.03% 87.99%
Industrials
11.24% 0.00% 49.37% 86.87%
Healthcare
9.19% 1.99% 26.15% 77.65%
Consumer Cyclical
6.96% 0.00% 35.90% 89.94%
Consumer Defense
5.55% 0.00% 23.84% 34.08%
Communication Services
5.42% 0.00% 33.30% 18.16%
Basic Materials
4.93% 0.00% 10.48% 23.46%
Energy
2.46% 0.00% 16.28% 34.08%

Stock Geographic Breakdown

Weighting Return Low Return High GSMSX % Rank
US
94.75% 72.81% 105.72% 53.91%
Non US
4.34% 0.00% 18.22% 25.42%

Expenses

GSMSX - Expenses

Operational Fees

GSMSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.34% 0.02% 19.45% 32.36%
Management Fee 0.75% 0.00% 2.00% 66.29%
12b-1 Fee 0.25% 0.00% 1.00% 42.94%
Administrative Fee 0.25% 0.01% 0.30% 93.20%

Sales Fees

GSMSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.00% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

GSMSX 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.

GSMSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 82.00% 0.01% 962.00% 87.07%

Distributions

GSMSX - Distributions

Dividend Yield Analysis

GSMSX Category Low Category High GSMSX % Rank
Dividend Yield 0.00% 0.00% 5.77% 57.58%

Dividend Distribution Analysis

GSMSX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annually Semi-Annually Annually

Net Income Ratio Analysis

GSMSX Category Low Category High GSMSX % Rank
Net Income Ratio 0.38% -6.46% 2.17% 66.86%

Capital Gain Distribution Analysis

GSMSX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

GSMSX - Fund Manager Analysis

Managers

Sung Cho


Start Date

Tenure

Tenure Rank

Sep 01, 2015

4.67

4.7%

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.

Adam Agress


Start Date

Tenure

Tenure Rank

Dec 29, 2017

2.34

2.3%

Adam Agress is a portfolio manager on the US Value Equity Team for Goldman Sachs Asset Management, L.P., where he has broad research responsibilities across the value strategies. Adam was previously a research analyst on the team from 2007-2010 and a portfolio manager from 2010-2011, before joining Luxor Capital Group in 2015. Prior to business school, he worked in advertising at Ogilvy & Mather.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 33.08 6.31 3.7