Goldman Sachs U.S. Tax-Managed Equity Fund Service Class (GCTSX)
| Fund Assets | 3.82B |
| Expense Ratio | 1.19% |
| Min. Investment | $5,000,000 |
| Turnover | 96.00% |
| Dividend (ttm) | 0.63 |
| Dividend Yield | 1.31% |
| Dividend Growth | 1,370.89% |
| Payout Frequency | Annual |
| Ex-Dividend Date | n/a |
| Previous Close | 48.40 |
| YTD Return | 4.31% |
| 1-Year Return | 12.62% |
| 5-Year Return | 99.58% |
| 52-Week Low | 38.66 |
| 52-Week High | 48.93 |
| Beta (5Y) | 1.00 |
| Holdings | 269 |
| Inception Date | Apr 3, 2000 |
About GCTSX
The Goldman Sachs U.S. Tax-Managed Equity Fund Service Class is a diversified mutual fund that seeks to deliver long-term after-tax capital growth by investing in a broad portfolio of U.S. equity securities. The fund employs a tax-sensitive investment strategy, aiming to minimize tax liabilities for shareholders through careful portfolio construction and management techniques designed to reduce taxable distributions. It draws on proprietary research and benchmarks its performance against broad indices such as the Russell 3000, reflecting its exposure to a wide cross-section of the U.S. stock market. The fund is notable for its focus on balancing growth objectives with tax efficiency, making it particularly suitable for investors who are conscious of after-tax returns. With substantial assets under management, it plays a significant role in the large-cap and diversified equity fund sector, impacting multiple industries across the American economy.
Performance
GCTSX had a total return of 12.62% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.23%.
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 12, 2024 | $0.6266 | Dec 13, 2024 |
| Dec 20, 2023 | $0.0426 | Dec 21, 2023 |
| Dec 20, 2022 | $0.0863 | Dec 21, 2022 |
| Dec 20, 2021 | $0.0033 | Dec 21, 2021 |
| Dec 18, 2020 | $0.0873 | Dec 21, 2020 |
| Dec 20, 2019 | $0.0764 | Dec 23, 2019 |