Goldman Sachs Mid Cap Growth Fund Class P (GGQPX)
| Fund Assets | 970.85M |
| Expense Ratio | 0.85% |
| Min. Investment | $1,000,000 |
| Turnover | 63.00% |
| Dividend (ttm) | 1.92 |
| Dividend Yield | 8.34% |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 12, 2024 |
| Previous Close | 23.02 |
| YTD Return | 8.02% |
| 1-Year Return | 32.86% |
| 5-Year Return | 74.38% |
| 52-Week Low | 17.31 |
| 52-Week High | 25.44 |
| Beta (5Y) | n/a |
| Holdings | 70 |
| Inception Date | Apr 17, 2018 |
About GGQPX
Goldman Sachs Mid Cap Growth Fund Class P is an actively managed mutual fund focused on achieving long-term capital growth by investing primarily in U.S. mid-cap companies. The fund targets firms with market capitalizations typically between $2 billion and $20 billion, emphasizing those exhibiting strong growth potential and favorable business fundamentals. Its portfolio is diversified across sectors, with notable weightings in technology, industrials, and healthcare, as reflected by top holdings such as Palantir Technologies, AppLovin Corp, Axon Enterprise, and Cencora Inc. With an expense ratio below the category average and a no-load structure, the fund seeks to provide cost-effective access to mid-cap growth opportunities for investors. As of February 2025, the fund manages approximately $1 billion in assets and maintains a moderate portfolio turnover, favoring a dynamic yet disciplined investment process. The Goldman Sachs Mid Cap Growth Fund Class P plays a significant role in offering exposure to the growth segment of the mid-cap universe, appealing to investors seeking portfolio diversification beyond large-cap equities.
Performance
GGQPX had a total return of 32.86% in the past year, including dividends. Since the fund's inception, the average annual return has been 13.42%.
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 |