Goldman Sachs International Tax-Managed Equity Fund Class P (GGCPX)
| Fund Assets | 882.39M |
| Expense Ratio | 0.90% |
| Min. Investment | $5,000,000 |
| Turnover | 191.00% |
| Dividend (ttm) | 0.27 |
| Dividend Yield | 1.78% |
| Dividend Growth | -2.60% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 19, 2024 |
| Previous Close | 15.13 |
| YTD Return | 23.41% |
| 1-Year Return | 20.99% |
| 5-Year Return | 81.33% |
| 52-Week Low | 11.99 |
| 52-Week High | 15.20 |
| Beta (5Y) | n/a |
| Holdings | 229 |
| Inception Date | Apr 17, 2018 |
About GGCPX
The Goldman Sachs International Tax-Managed Equity Fund is a mutual fund focused on providing long-term after-tax growth of capital for investors. Its primary strategy centers on investing in a broadly diversified portfolio of equity securities issued by companies based outside the United States, offering exposure to a wide range of international markets and industries. The fund is managed with a specific emphasis on tax-sensitive investing, aiming to enhance after-tax returns by employing strategies that help minimize the impact of taxes on investment gains and distributions. This makes it particularly appealing to investors seeking global diversification while mindful of tax efficiency. The fund is actively managed by the Quantitative Investment Strategies team at Goldman Sachs, leveraging quantitative techniques for portfolio construction and risk management. It serves a critical role in the financial market by allowing investors to participate in the growth potential of non-U.S. equities with a tax-aware approach, contributing to a well-balanced and globally diversified investment portfolio.
Performance
GGCPX had a total return of 20.99% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.09%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FIENX | Fidelity | Fidelity International Enhanced Index Fund | 0.55% |
| FHLFX | Fidelity | Fidelity Series International Index Fund | 0.01% |
| SWISX | Schwab | Schwab International Index Fund® | 0.06% |
| SICNX | Schwab | Schwab® International Core Equity Fund | 0.86% |
| FSPSX | Fidelity | Fidelity International Index Fund | 0.03% |
Top 10 Holdings
17.85% of assets| Name | Symbol | Weight |
|---|---|---|
| Nestle SA | NESN | 2.57% |
| AstraZeneca PLC | AZN | 2.26% |
| Novartis AG | NOVN | 2.11% |
| ASML Holding N.V. | ASML | 1.86% |
| C3.ai, Inc. | AI | 1.60% |
| Hitachi Ltd | 6501 | 1.56% |
| Safran SA | SAF | 1.52% |
| SAP SE | SAP | 1.47% |
| Munich Re - Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen | MUV2 | 1.45% |
| UBS Group AG | UBSG | 1.45% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 19, 2024 | $0.2698 | Dec 20, 2024 |
| Dec 20, 2023 | $0.277 | Dec 21, 2023 |
| Dec 20, 2022 | $0.3608 | Dec 21, 2022 |
| Dec 20, 2021 | $0.3712 | Dec 21, 2021 |
| Dec 18, 2020 | $0.1651 | Dec 21, 2020 |
| Dec 20, 2019 | $0.2047 | Dec 23, 2019 |