Goldman Sachs U.S. Tax-Managed Equity Fund Institutional Class (GCTIX)
| Fund Assets | 3.82B |
| Expense Ratio | 0.69% |
| Min. Investment | $1,000,000 |
| Turnover | 96.00% |
| Dividend (ttm) | 0.82 |
| Dividend Yield | 1.66% |
| Dividend Growth | 310.61% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Dec 19, 2024 |
| Previous Close | 49.18 |
| YTD Return | 4.11% |
| 1-Year Return | 12.67% |
| 5-Year Return | 103.66% |
| 52-Week Low | 39.58 |
| 52-Week High | 50.21 |
| Beta (5Y) | n/a |
| Holdings | 269 |
| Inception Date | Apr 3, 2000 |
About GCTIX
Goldman Sachs U.S. Tax-Managed Equity Fund Institutional Class is an open-end mutual fund designed to provide long-term, after-tax growth of capital. The fund employs a tax-sensitive investment strategy, seeking to maximize returns by minimizing tax liabilities through careful management of capital gains and dividend distributions. It invests primarily in a broadly diversified portfolio of U.S. equity securities, emphasizing large-cap stocks across various sectors to ensure wide market exposure and representation. Categorized as a large blend fund, it typically holds equities that align with the overall U.S. stock market in terms of size, growth rates, and pricing, without a strong bias toward either growth or value styles. By focusing on tax management, this fund caters to investors who are particularly mindful of the impact of taxation on investment returns, making it a notable option for taxable accounts. The fund’s diversified approach and tax-efficient methodology underline its significant role for institutions and individuals seeking efficient exposure to the U.S. equity market while addressing after-tax performance considerations.
Performance
GCTIX had a total return of 12.67% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.80%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| VRTTX | Vanguard | Vanguard Russell 3000 Index Fund Institutional Shares | 0.08% |
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 | $0.1979 | Dec 20, 2024 |
| Dec 12, 2024 | $0.6266 | Dec 13, 2024 |
| Dec 20, 2023 | $0.2008 | Dec 21, 2023 |
| Dec 20, 2022 | $0.2199 | Dec 21, 2022 |
| Dec 20, 2021 | $0.1647 | Dec 21, 2021 |
| Dec 18, 2020 | $0.213 | Dec 21, 2020 |