GSRLX: Goldman Sachs Rising Dividend Gr Instl

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GSRLX Goldman Sachs Rising Dividend Gr Instl


Profile

GSRLX - Profile

Vitals

  • YTD Return -2.0%
  • 3 Yr Annualized Return -20.5%
  • 5 Yr Annualized Return -13.2%
  • Net Assets $674 M
  • Holdings in Top 10 16.3%

52 WEEK LOW AND HIGH

$11.12
$11.04
$12.13

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.88%

SALES FEES

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

BROKERAGE FEES

  • Turnover 45.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $1,000,000
  • IRA N/A

Fund Classification


Distributions

  • YTD Total Return -2.0%
  • 3 Yr Annualized Total Return 4.5%
  • 5 Yr Annualized Total Return 3.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.25%
DIVIDENDS
  • Dividend Yield 1.2%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Goldman Sachs Rising Dividend Growth Fund
  • Fund Family Name
    Goldman Sachs
  • Inception Date
    Mar 21, 2007
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    C. Shaver

Fund Description

The fund normally invests at least 80% of its net assets plus any borrowings for investment purposes (measured at the time of purchase) ("Net Assets") in equity investments of dividend-paying U.S. and foreign companies with market capitalizations of at least $500 million. It will generally invest in common and preferred stocks as well as real estate investment trusts ("REITs") that have paid dividends over the previous 10 years or more and have increased their dividends per share by approximately 10% or more per year, on average, over a 10-year trailing period (the "10/10 Test").


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Categories

Performance

GSRLX - Performance

Return Ranking - Trailing

Period GSRLX Return Category Return Low Category Return High Rank in Category (%)
YTD -2.0% -6.8% 3.8% 87.39%
1 Yr -2.5% -73.2% 33.8% 93.68%
3 Yr -20.5%* -33.7% 55.6% 99.17%
5 Yr -13.2%* -26.2% 29.3% 98.95%
10 Yr N/A* -9.0% 16.0% 25.42%

* Annualized

Return Ranking - Calendar

Period GSRLX Return Category Return Low Category Return High Rank in Category (%)
2019 12.4% -72.6% 38.1% 90.67%
2018 -50.3% -67.0% 10.0% 99.57%
2017 -3.2% -32.8% 302.5% 95.51%
2016 2.4% -26.1% 19.7% 83.28%
2015 -6.7% -82.5% 7.8% 59.45%

Total Return Ranking - Trailing

Period GSRLX Return Category Return Low Category Return High Rank in Category (%)
YTD -2.0% -6.8% 3.8% 87.39%
1 Yr -2.5% -73.2% 30.8% 93.68%
3 Yr 4.5%* -33.7% 55.6% 66.33%
5 Yr 3.3%* -15.5% 29.3% 77.03%
10 Yr N/A* -4.4% 17.5% 51.98%

* Annualized

Total Return Ranking - Calendar

Period GSRLX Return Category Return Low Category Return High Rank in Category (%)
2019 12.4% -72.6% 38.1% 90.67%
2018 -7.3% -67.0% 10.0% 38.40%
2017 18.1% -22.1% 302.5% 62.30%
2016 6.1% -16.4% 23.8% 80.88%
2015 -5.5% -26.4% 106.5% 77.69%

NAV & Total Return History


Holdings

GSRLX - Holdings

Concentration Analysis

GSRLX Category Low Category High GSRLX % Rank
Net Assets 674 M 135 K 902 B 57.88%
Number of Holdings 127 1 3587 47.37%
Net Assets in Top 10 110 M 46.7 K 178 B 67.42%
Weighting of Top 10 16.31% 2.2% 100.0% 95.82%

Top 10 Holdings

  1. Enterprise Products Partners LP 2.20%
  2. The Walt Disney Co 1.98%
  3. Comcast Corp Class A 1.97%
  4. Activision Blizzard Inc 1.71%
  5. Magellan Midstream Partners LP 1.62%
  6. Energy Transfer LP 1.49%
  7. MPLX LP Partnership Units 1.41%
  8. Omnicom Group Inc 1.33%
  9. Medtronic PLC 1.30%
  10. Danaher Corp 1.30%

Asset Allocation

Weighting Return Low Return High GSRLX % Rank
Stocks
97.57% 82.05% 145.87% 76.31%
Cash
2.43% -73.32% 17.34% 20.37%
Preferred Stocks
0.00% -17.98% 6.21% 23.44%
Other
0.00% -2.64% 22.43% 25.95%
Convertible Bonds
0.00% 0.00% 9.79% 20.94%
Bonds
0.00% 0.00% 47.70% 25.55%

Stock Sector Breakdown

Weighting Return Low Return High GSRLX % Rank
Energy
15.92% -1.47% 15.92% 0.16%
Technology
15.88% 0.00% 42.83% 76.24%
Financial Services
14.67% 0.00% 49.34% 76.98%
Healthcare
13.53% 0.00% 29.41% 70.94%
Communication Services
8.90% 0.00% 25.09% 57.22%
Consumer Cyclical
8.74% 0.00% 35.48% 73.06%
Industrials
8.67% 0.00% 30.01% 74.86%
Consumer Defense
5.18% 0.00% 28.92% 86.61%
Utilities
3.54% 0.00% 19.47% 31.43%
Real Estate
2.70% 0.00% 65.29% 56.57%
Basic Materials
2.27% -0.14% 13.34% 47.59%

Stock Geographic Breakdown

Weighting Return Low Return High GSRLX % Rank
US
96.20% 80.03% 144.61% 52.63%
Non US
1.37% 0.00% 19.64% 56.02%

Expenses

GSRLX - Expenses

Operational Fees

GSRLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.88% 0.01% 49.73% 55.80%
Management Fee 0.72% 0.00% 2.00% 78.65%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 0.85% N/A

Sales Fees

GSRLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.50% 5.75% N/A
Deferred Load N/A 0.95% 5.00% N/A

Trading Fees

GSRLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.25% 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.

GSRLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 45.00% 0.00% 412.00% 57.70%

Distributions

GSRLX - Distributions

Dividend Yield Analysis

GSRLX Category Low Category High GSRLX % Rank
Dividend Yield 1.18% 0.00% 16.03% 2.99%

Dividend Distribution Analysis

GSRLX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annually Monthly Annually

Net Income Ratio Analysis

GSRLX Category Low Category High GSRLX % Rank
Net Income Ratio 1.25% -2.85% 81.00% 41.96%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

GSRLX - Fund Manager Analysis

Managers

C. Shaver


Start Date

Tenure

Tenure Rank

Feb 01, 2010

10.0

10.0%

Mr. Shaver, CEO & CIO, co-founded DAC in January 2004. He also manages client accounts as Portfolio Manager and is a member of the Investment Committee. Prior to co-founding DAC, he was Vice Chairman/President & CEO of GoldK, Inc./GoldK Investment Services, Inc. He has held executive positions with State Street Research Investment Services, Inc., John Hancock Fund, Inc., Oppenheimer Management Corporation, and Mosely Hallgarten Estabrook & Weeden, Inc. Mr. Shaver is a graduate of Dartmouth College (BA). From 2005 to 2012, Mr. Shaver was President and Interested Trustee for the Dividend Growth Trust, and from 2006 to 2010, was the Chairman of the Spring Island Trust. From 2013 to 2016, he served as Chairman of the Spring Island Trust Foundation. Mr. Shaver also serves as Co-Lead Portfolio Manager of DAC’s sub-advised mutual fund.

Ying Wang


Start Date

Tenure

Tenure Rank

Dec 09, 2011

8.15

8.2%

Ms. Wang, Director of Energy & MLP Strategy, joined DAC in June 2008. She is a member of both the Investment and Management committees and is currently responsible for overseeing Equity and MLP research, monitoring companies in the Financial, Energy, and MLP sectors, and making buy/sell decisions in the MLP model. Prior to 2012, Susie was a Research Analyst for DAC. She is a graduate of Georgia Southern University (MBA) and Swiss Management University (BBA), earned the CFA® designation in 2012, and the CIC® designation in 2013. She speaks Chinese, English, and conversational French. Ms. Wang has served as Portfolio Manager of DAC’s sub-advised mutual fund since 2012.

Aron Kershner


Start Date

Tenure

Tenure Rank

Feb 28, 2018

1.92

1.9%

Mr. Kershner is a member of the Customized Beta Strategies team. Prior to working in the Customized Beta Strategies team, he spent two years as a member of the QIS Product Strategy team. Mr. Kershner joined Goldman Sachs Asset Management, L.P. in 2005.

Monali Vora


Start Date

Tenure

Tenure Rank

Feb 28, 2018

1.92

1.9%

Ms. Vora is a member of the Customized Beta Strategies team. Prior to working in the Customized Beta Strategies team, she spent six years as a member of the QIS Equity Portfolio Implementation team. Ms. Vora joined Goldman Sachs Asset Management, LP in 2000. She received her Bachelor of Mathematics from the University of Waterloo in 2000.

Christopher Lvoff


Start Date

Tenure

Tenure Rank

Feb 19, 2019

0.95

1.0%

Christopher Lvoff is a managing director in the Global Portfolio Solution Group (GPS), based in New York, where he is a senior portfolio manager. The GPS Group provides multi-asset class products and solutions, focusing on customized asset allocation, tactical implementation, risk management, and portfolio construction. Previously, Christopher was a member of the Multi-Product Investment Group of the Investment Management Division, where he focused on portfolio management and implementation for customized multi-asset institutional portfolios as well as commingled investment vehicles. Christopher joined Goldman Sachs in 2007 and was named managing director in 2016. Prior to joining Goldman Sachs, Christopher worked as an actuarial consultant at Towers Perrin, focusing on retirement plan design and defined benefit plan asset liability valuation. Christopher received a BS in economics from the University of Pennsylvania. He is an Associate of the Society of Actuaries and a CFA charterholder.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.01 41.11 6.03 0.59