Goldman Sachs Short Duration Government Fund Class P (GMDPX)
| Fund Assets | 489.44M |
| Expense Ratio | 0.47% |
| Min. Investment | $0.00 |
| Turnover | 913.00% |
| Dividend (ttm) | 0.31 |
| Dividend Yield | 3.28% |
| Dividend Growth | 5.25% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 9.42 |
| YTD Return | 0.39% |
| 1-Year Return | 5.26% |
| 5-Year Return | 6.35% |
| 52-Week Low | 8.97 |
| 52-Week High | 9.43 |
| Beta (5Y) | n/a |
| Holdings | 578 |
| Inception Date | Apr 20, 2018 |
About GMDPX
Goldman Sachs Short Duration Government Fund Class P is an open-end mutual fund focused on high-quality, short-maturity securities issued or guaranteed by the U.S. government and its agencies. Its primary objective is to deliver a high level of current income with limited interest rate sensitivity by concentrating on adjustable-rate mortgage securities and other mortgage-related instruments featuring periodic rate resets. The portfolio emphasizes short duration to help stabilize net asset value and manage volatility as rates change, aligning with the short government category’s emphasis on liquidity, credit quality, and capital preservation. The fund distributes income monthly and typically holds a broad mix of agency mortgage-backed securities alongside Treasury bills and other government-related holdings. It plays a role as a core short-term fixed income allocation for investors seeking government-backed exposure, diversification from credit risk, and a vehicle to park cash-like assets while maintaining income potential. The strategy’s design reflects a disciplined approach to interest rate risk, using a diversified securitized sleeve to source income within a conservative, government-focused mandate.
Performance
GMDPX had a total return of 5.26% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.24%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.02676 | Jan 30, 2026 |
| Dec 31, 2025 | $0.02666 | Dec 31, 2025 |
| Nov 28, 2025 | $0.02567 | Nov 28, 2025 |
| Oct 31, 2025 | $0.02659 | Oct 31, 2025 |
| Sep 30, 2025 | $0.0259 | Sep 30, 2025 |
| Aug 29, 2025 | $0.0267 | Aug 29, 2025 |