Goldman Sachs U.S. Tax-Managed Equity Fund Class A (GCTAX)
| Fund Assets | 4.06B |
| Expense Ratio | 1.01% |
| Min. Investment | $1,000 |
| Turnover | 96.00% |
| Dividend (ttm) | 0.68 |
| Dividend Yield | 1.31% |
| Dividend Growth | 689.44% |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 19, 2024 |
| Previous Close | 49.03 |
| YTD Return | 6.08% |
| 1-Year Return | 15.43% |
| 5-Year Return | 98.81% |
| 52-Week Low | 38.52 |
| 52-Week High | 49.22 |
| Beta (5Y) | n/a |
| Holdings | 269 |
| Inception Date | Apr 3, 2000 |
About GCTAX
The Goldman Sachs U.S. Tax-Managed Equity Fund Class A is a mutual fund designed to deliver long-term, after-tax capital growth for its investors. Its primary purpose is to enable tax-sensitive participation in a broadly diversified portfolio of U.S. equity securities, aiming to maximize returns while minimizing the impact of taxes on investment gains. The fund typically invests at least 80% of its net assets, plus any borrowings for investment purposes, in domestic equities. It employs a tax-management strategy, which seeks to enhance after-tax returns through careful security selection and trading practices designed to reduce tax liabilities for shareholders. This fund targets the large blend and large growth segments of the U.S. stock market, with holdings spanning sectors such as technology, communication services, financials, consumer cyclical, and healthcare. The portfolio is diversified across hundreds of individual stocks, with the top holdings representing a significant but not overwhelming portion of the total assets. The fund's structure and management make it particularly relevant for investors who are focused on optimizing the after-tax outcomes of their equity investments within taxable accounts.
Performance
GCTAX had a total return of 15.43% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.43%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FWOAX | Fidelity | Fidelity Advisor Women's Leadership Fund - Class A | 0.99% |
| FWOMX | Fidelity | Fidelity Women's Leadership Fund | 0.69% |
| FWMNX | Fidelity | Fidelity Advisor Women's Leadership Fund - Class I | 0.70% |
| FWOZX | Fidelity | Fidelity Advisor Women's Leadership Fund - Class Z | 0.58% |
| FWOCX | Fidelity | Fidelity Advisor Women's Leadership Fund - Class C | 1.74% |
Top 10 Holdings
32.32% of assets| Name | Symbol | Weight |
|---|---|---|
| Apple Inc. | AAPL | 6.66% |
| Microsoft Corporation | MSFT | 5.79% |
| NVIDIA Corporation | NVDA | 4.22% |
| Amazon.com, Inc. | AMZN | 3.69% |
| Meta Platforms, Inc. | META | 2.53% |
| Berkshire Hathaway Inc | BRKB | 2.21% |
| Costco Wholesale Corporation | COST | 1.98% |
| Broadcom Inc. | AVGO | 1.87% |
| Alphabet Inc. | GOOGL | 1.77% |
| Boston Scientific Corporation | BSX | 1.59% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 19, 2024 | $0.0539 | Dec 20, 2024 |
| Dec 12, 2024 | $0.6266 | Dec 13, 2024 |
| Dec 20, 2023 | $0.0862 | Dec 21, 2023 |
| Dec 20, 2022 | $0.1153 | Dec 21, 2022 |
| Dec 20, 2021 | $0.0643 | Dec 21, 2021 |
| Dec 18, 2020 | $0.1275 | Dec 21, 2020 |