About GIRVX
Goldman Sachs International Equity Dividend and Premium Fund Investor Shares is a mutual fund that focuses on generating income and potential total return by investing primarily in dividend-paying equities of non-U.S. companies. The fund strategically targets higher-dividend international stocks, spanning both growth and value styles, across companies with varying market capitalizations, particularly those within the MSCI EAFE Index universe. To enhance cash flow and potentially reduce portfolio volatility, the fund implements a premium income strategy by selling call options on international markets, notably the MSCI EAFE Index. This options overlay can provide additional premium income but may also limit upside participation in strongly rising markets. The fund’s portfolio often features large-cap international names from sectors such as consumer defensive, technology, financial services, consumer cyclical, and healthcare. Managed by Goldman Sachs Asset Management, this fund serves investors seeking a blend of international equity exposure, income generation through dividends, and a systematic call-writing approach to potentially boost returns and manage risk in a global context.
Fund Family Goldman Sachs
Category Foreign Large Blend
Performance Rating Below Average
Risk Rating Low
Stock Exchange Nasdaq
Ticker Symbol GIRVX
Share Class Investor Shares
Index MSCI EAFE NR USD
GIRVX had a total return of 16.72% in the past year, including dividends. Since the fund's
inception, the average annual return has been 4.46%.
