About GIDCX
Goldman Sachs International Equity Dividend and Premium Fund Class C is a mutual fund designed to provide investors with total return, placing a particular emphasis on income generation. The fund primarily invests its assets in a diversified portfolio of international equities, focusing on companies that regularly pay dividends, and supplements these holdings with options strategies to generate additional premium income. This approach aims to enhance after-tax returns by capturing qualified dividends and long-term capital appreciation, as well as providing a measure of risk mitigation through the use of options.
Key sectors represented in the portfolio include consumer defensive, technology, financial services, consumer cyclical, and healthcare, with top holdings such as Nestle SA, ASML Holding NV, and Toyota Motor Corp. The fund typically distributes dividends quarterly and is categorized in the foreign large blend segment, making it suitable for investors seeking access to developed markets outside the United States. With a notable asset base, the fund plays a role in diversifying global income strategies and appeals to those interested in balancing yield and growth opportunities within international equities.
Fund Family Goldman Sachs
Category Foreign Large Blend
Performance Rating Below Average
Risk Rating Low
Stock Exchange NASDAQ
Ticker Symbol GIDCX
Share Class Class C
Index MSCI EAFE NR USD
GIDCX had a total return of 20.09% in the past year, including dividends. Since the fund's
inception, the average annual return has been 5.00%.
