Goldman Sachs Short Duration Bond Fund (GMCPX)
| Fund Assets | 1.35B |
| Expense Ratio | 0.42% |
| Min. Investment | $0.00 |
| Turnover | 141.00% |
| Dividend (ttm) | 0.43 |
| Dividend Yield | 4.41% |
| Dividend Growth | 6.68% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2026 |
| Previous Close | 9.78 |
| YTD Return | 1.01% |
| 1-Year Return | 4.26% |
| 5-Year Return | 11.78% |
| 52-Week Low | 9.73 |
| 52-Week High | 9.90 |
| Beta (5Y) | n/a |
| Holdings | 567 |
| Inception Date | Apr 20, 2018 |
About GMCPX
Goldman Sachs Short Duration Bond Fund Class P is an actively managed mutual fund focused on generating total return through income and capital appreciation from short‑maturity fixed income securities. The fund normally invests at least 80% of assets in U.S. or foreign fixed income, spanning U.S. government and agency securities, investment‑grade corporates, asset‑backed and mortgage‑backed securities, with limited exposure to below‑investment‑grade and emerging markets debt capped in aggregate at 20%. Its mandate targets a short effective duration profile—categorized by Morningstar as medium credit quality with limited interest‑rate sensitivity—positioning it to mitigate rate volatility relative to intermediate‑term strategies. Recent portfolio data show meaningful allocations to agency mortgage‑backed securities such as Federal National Mortgage Association and Government National Mortgage Association pools, alongside U.S. Treasury bills and select financial corporates. The fund pays income on a monthly schedule and carries a below‑average distribution fee level, with an expense ratio of 0.43% and assets around $1.2–$1.3 billion. Within the short‑term bond category, it serves as a core short‑duration option for investors seeking diversified, high‑quality fixed income exposure with an emphasis on liquidity and capital preservation.
Performance
GMCPX had a total return of 4.26% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.00%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| VSCSX | Vanguard | Vanguard Short-Term Corporate Bond Index Fund Admiral Shares | 0.06% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2026 | $0.03686 | Jun 30, 2026 |
| May 29, 2026 | $0.03722 | May 29, 2026 |
| Apr 30, 2026 | $0.03707 | Apr 30, 2026 |
| Mar 31, 2026 | $0.03647 | Mar 31, 2026 |
| Feb 27, 2026 | $0.03485 | Feb 27, 2026 |
| Jan 30, 2026 | $0.03631 | Jan 30, 2026 |