Goldman Sachs Mid Cap Growth Fund Institutional Class (GGOIX)
| Fund Assets | 970.85M |
| Expense Ratio | 0.86% |
| Min. Investment | $1,000,000 |
| Turnover | 63.00% |
| Dividend (ttm) | 1.92 |
| Dividend Yield | 8.27% |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 12, 2024 |
| Previous Close | 23.21 |
| YTD Return | 8.05% |
| 1-Year Return | 32.77% |
| 5-Year Return | 77.28% |
| 52-Week Low | 17.25 |
| 52-Week High | 25.36 |
| Beta (5Y) | n/a |
| Holdings | 70 |
| Inception Date | May 24, 1999 |
About GGOIX
Goldman Sachs Mid Cap Growth Fund Institutional Class is a mutual fund that targets long-term capital appreciation by primarily investing in U.S. equities, with a strong focus on mid-capitalization companies. The fund typically allocates at least 80% of its net assets to a diversified portfolio of mid-cap stocks, representing companies that are generally larger than small caps but smaller than large, established firms. This focus enables the fund to tap into growth potential from companies that may be in a rapid expansion phase or leading innovation within their sectors. The fund spans multiple industries, including information technology, materials, health care, and consumer discretionary, allowing for broad sector exposure while seeking to capitalize on specific growth opportunities within the mid-cap universe. Mid-cap stocks can present greater volatility and risk compared to larger, more stable companies, but they also offer potential for meaningful returns as these businesses mature. The fund’s role in the market is to provide investors with access to the unique growth prospects of mid-cap enterprises, balancing sector diversification with disciplined investment management.
Performance
GGOIX had a total return of 32.77% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.09%.
Top 10 Holdings
28.63% of assets| Name | Symbol | Weight |
|---|---|---|
| Palantir Technologies Inc. | PLTR | 4.73% |
| Cencora, Inc. | COR | 3.48% |
| AppLovin Corporation | APP | 3.14% |
| BJ's Wholesale Club Holdings, Inc. | BJ | 2.65% |
| Axon Enterprise, Inc. | AXON | 2.65% |
| MSCI Inc. | MSCI | 2.62% |
| Fair Isaac Corporation | FICO | 2.54% |
| Fastenal Company | FAST | 2.31% |
| Old Dominion Freight Line, Inc. | ODFL | 2.28% |
| Cheniere Energy, Inc. | LNG | 2.25% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 12, 2024 | $1.9197 | Dec 13, 2024 |
| Dec 13, 2022 | $0.998 | Dec 14, 2022 |
| Dec 14, 2021 | $3.1357 | Dec 15, 2021 |
| Dec 14, 2020 | $4.049 | Dec 15, 2020 |
| Dec 12, 2019 | $5.0265 | Dec 13, 2019 |
| Dec 11, 2018 | $5.883 | Dec 12, 2018 |