Goldman Sachs Dynamic Global Equity Fund Institutional Class (GAPIX)
| Fund Assets | 390.42M |
| Expense Ratio | 0.52% |
| Min. Investment | $1,000,000 |
| Turnover | 11.00% |
| Dividend (ttm) | 1.97 |
| Dividend Yield | 8.24% |
| Dividend Growth | 85.44% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Dec 30, 2024 |
| Previous Close | 23.75 |
| YTD Return | 9.64% |
| 1-Year Return | 14.79% |
| 5-Year Return | 84.27% |
| 52-Week Low | 18.78 |
| 52-Week High | 24.73 |
| Beta (5Y) | n/a |
| Holdings | 154 |
| Inception Date | Jan 2, 1998 |
About GAPIX
The Goldman Sachs Dynamic Global Equity Fund Institutional Class is a mutual fund designed to achieve long-term capital appreciation through a diversified approach to global equity investing. Managed by Goldman Sachs Asset Management’s Multi-Asset Solutions team, the fund allocates at least 80% of its assets to a broad mix of global equity asset classes, including investments in underlying mutual funds, exchange-traded funds, derivatives, and other instruments that provide equity exposure. This multi-manager fund emphasizes diversification both geographically and across investment styles, typically focusing on large-cap equities in developed and emerging markets. Its portfolio construction blends traditional, satellite, and alternative equity strategies to balance risk and return potential across changing market environments. The fund is classified in the global large-stock blend category, reflecting its representation of major segments of the global stock market. By investing in a dynamic mix of underlying Goldman Sachs funds and ETFs, the fund aims to capitalize on global growth opportunities while managing volatility through active asset allocation decisions. The Institutional Class shares target institutional investors, offering a competitive expense ratio and higher minimum investment threshold.
Performance
GAPIX had a total return of 14.79% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.13%.
Top 10 Holdings
87.93% of assets| Name | Symbol | Weight |
|---|---|---|
| Goldman Sachs Large Cap Growth Insights Fund Class R6 | GLCUX | 14.81% |
| Goldman Sachs Large Cap Value Insights Fund Class R6 | GCVUX | 14.45% |
| Goldman Sachs MarketBeta U.S. Equity ETF | GSUS | 13.45% |
| Goldman Sachs International Equity Insights Fund Class R6 | GCIUX | 10.49% |
| Future on E-mini S&P 500 Futures | n/a | 9.78% |
| Marketbeta INTL Equity ETF | GSID | 7.73% |
| Goldman Sachs Emerging Markets Equity Insights Fund Class R6 | GERUX | 5.56% |
| Goldman Sachs MarketBeta Emerging Markets Equity ETF | GSEE | 4.21% |
| Goldman Sachs Financial Square Government Fund | FGTXX | 4.14% |
| TR Activebeta US Large Cap Equity ETF | GSLC | 3.31% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 30, 2024 | $0.7156 | Dec 31, 2024 |
| Dec 6, 2024 | $1.2525 | Dec 9, 2024 |
| Dec 28, 2023 | $0.3781 | Dec 29, 2023 |
| Dec 7, 2023 | $0.6832 | Dec 8, 2023 |
| Dec 23, 2022 | $0.6191 | Dec 27, 2022 |
| Dec 7, 2022 | $0.5517 | Dec 8, 2022 |