Goldman Sachs Global Managed Beta Fund (GGMBX)
| Fund Assets | 4.35B |
| Expense Ratio | 0.38% |
| Min. Investment | $1,000,000 |
| Turnover | 56.00% |
| Dividend (ttm) | 1.30 |
| Dividend Yield | 8.71% |
| Dividend Growth | 527.44% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Dec 30, 2024 |
| Previous Close | 16.54 |
| YTD Return | 10.56% |
| 1-Year Return | 22.73% |
| 5-Year Return | n/a |
| 52-Week Low | 12.91 |
| 52-Week High | 17.18 |
| Beta (5Y) | 0.77 |
| Holdings | 1363 |
| Inception Date | n/a |
About GGMBX
Goldman Sachs Global Managed Beta Fund Institutional Shares is a diversified mutual fund that invests across a broad spectrum of global equity asset classes. The fund’s primary objective is to deliver diversified exposure by allocating assets among U.S., non-U.S. developed, emerging markets, and small-cap equities. Managed using a systematic approach, it leverages beta strategies that provide broad market exposure while seeking to optimize risk-adjusted returns. The fund’s portfolio incorporates various underlying exchange-traded funds and institutional vehicles to achieve its diversified mandate, with holdings spanning both traditional equity and cash equivalents. Designed for institutional investors, the fund features a low expense ratio and belongs to the global large-stock blend category, emphasizing cost efficiency and diversification. Its role in the financial market is to offer institutional investors a single, streamlined vehicle for accessing global equity markets with a rules-based methodology, aiming to balance risk and return across multiple regions and market capitalizations.
Performance
GGMBX had a total return of 22.73% in the past year, including dividends. Since the fund's inception, the average annual return has been 13.20%.
Top 10 Holdings
85.18% of assets| Name | Symbol | Weight |
|---|---|---|
| Goldman Sachs MarketBeta U.S. Equity ETF | GSUS | 25.83% |
| Marketbeta INTL Equity ETF | GSID | 13.30% |
| iShares Core MSCI Emerging Markets ETF | IEMG | 10.38% |
| Marketbeta Russell 1000 Value Equity ETF | GVUS | 7.94% |
| Goldman Sachs Financial Square Government Fund | n/a | 6.34% |
| iShares Core MSCI EAFE ETF | IEFA | 6.22% |
| Marketbeta Russell 1000 Growth Equity ETF | GGUS | 4.79% |
| SPDR Portfolio S&P 500 Growth ETF | SPYG | 4.73% |
| iShares MSCI EAFE Small-Cap ETF | SCZ | 4.43% |
| Goldman Sachs ActiveBeta Emerging Markets Equity ETF | GEM | 1.23% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 30, 2024 | $0.2481 | Dec 31, 2024 |
| Dec 12, 2024 | $1.3023 | Dec 13, 2024 |
| Dec 28, 2023 | $0.2471 | Dec 29, 2023 |
| Dec 23, 2022 | $0.7174 | Dec 27, 2022 |
| Dec 30, 2021 | $0.3245 | Dec 31, 2021 |
| Dec 14, 2021 | $1.1122 | Dec 15, 2021 |