Goldman Sachs Short Duration Government Fund Class P (GMDPX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
9.29
-0.01 (-0.11%)
At close: May 19, 2026
Fund Assets477.02M
Expense Ratio0.47%
Min. Investment$0.00
Turnover913.00%
Dividend (ttm)0.32
Dividend Yield3.39%
Dividend Growth7.45%
Payout FrequencyMonthly
Ex-Dividend DateApr 30, 2026
Previous Close9.30
YTD Return-0.16%
1-Year Return3.20%
5-Year Return5.01%
52-Week Low9.29
52-Week High9.43
Beta (5Y)n/a
Holdings554
Inception DateApr 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.

Fund Family Goldman Sachs
Category Short Government
Performance Rating Below Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol GMDPX
Share Class Class P Shares
Index ICE BofA 2 Year US Treasuries Current TR

Performance

GMDPX had a total return of 3.20% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.67%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

SymbolShare ClassExpense Ratio
GSTUXClass R6 Shares0.47%
GSTGXInstitutional0.48%
GTDTXInvestor Shares0.56%
GSSDXClass A0.81%

Top 10 Holdings

81.39% of assets
NameSymbolWeight
2 Year Treasury Note Future June 26n/a43.36%
United States Treasury Notes 0.625%T.0.625 07.31.266.94%
Goldman Sachs Financial Square Government FundFGTXX5.64%
United States Treasury Notes 0.75%T.0.75 05.31.265.12%
Federal National Mortgage Association 5.5%FNCL.5.5 4.114.79%
Federal National Mortgage Association 5%FNCL.5 4.114.18%
United States Treasury Notes 4.25%T.4.25 03.15.273.86%
United States Treasury Notes 0.875%T.0.875 06.30.262.92%
United States Treasury Notes 4.375%T.4.375 08.31.282.65%
Br255481 Irs Usd R V 00msofr 1 Ccpoisn/a1.93%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Apr 30, 2026$0.02637Apr 30, 2026
Mar 31, 2026$0.02679Mar 31, 2026
Feb 27, 2026$0.02547Feb 27, 2026
Jan 30, 2026$0.02676Jan 30, 2026
Dec 31, 2025$0.02666Dec 31, 2025
Nov 28, 2025$0.02567Nov 28, 2025
Full Dividend History