Goldman Sachs Rising Dividend Growth Fund Class P (GMHPX)
| Fund Assets | 428.35M |
| Expense Ratio | 0.68% |
| Min. Investment | $1,000,000 |
| Turnover | 42.00% |
| Dividend (ttm) | 1.57 |
| Dividend Yield | 12.32% |
| Dividend Growth | 70.31% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | n/a |
| Previous Close | 12.72 |
| YTD Return | 4.17% |
| 1-Year Return | 11.14% |
| 5-Year Return | 110.10% |
| 52-Week Low | 10.58 |
| 52-Week High | 14.48 |
| Beta (5Y) | n/a |
| Holdings | 117 |
| Inception Date | Apr 16, 2018 |
About GMHPX
Goldman Sachs Rising Dividend Growth Fund Class P is a mutual fund that primarily targets long-term capital appreciation and current income by investing in equity securities. The fund focuses on companies—both domestic and international—with a market capitalization of at least $500 million that have a consistent record of paying dividends. By allocating at least 80% of its net assets to dividend-paying US and foreign equities, the fund seeks to capitalize on firms demonstrating stable or rising dividend payments, providing a blend of growth and income generation. Its portfolio typically encompasses a diversified mix of growth and value stocks, emphasizing large-cap issuers characterized by financial stability and reliable cash flows. The fund is managed by Goldman Sachs Asset Management and employs both fundamental and quantitative strategies to select investments. With a quarterly dividend payout schedule and a competitive expense ratio, the Goldman Sachs Rising Dividend Growth Fund Class P is positioned within the large value category, offering investors exposure to companies with a proven ability to reward shareholders through dividends while pursuing long-term growth opportunities.
Performance
GMHPX had a total return of 11.14% in the past year, including dividends. Since the fund's inception, the average annual return has been 12.40%.
Top 10 Holdings
18.08% of assets| Name | Symbol | Weight |
|---|---|---|
| Comcast Corporation | CMCSA | 2.31% |
| NextEra Energy, Inc. | NEE | 2.14% |
| MPLX LP | MPLX | 1.94% |
| Goldman Sachs Financial Square Government Fund | FGGXX | 1.85% |
| Energy Transfer LP | ET | 1.79% |
| Intuit Inc. | INTU | 1.66% |
| Microsoft Corporation | MSFT | 1.65% |
| Amphenol Corporation | APH | 1.64% |
| Enterprise Products Partners L.P. | EPD | 1.57% |
| Oracle Corporation | ORCL | 1.55% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 27, 2025 | $0.056 | Jun 30, 2025 |
| Mar 28, 2025 | $0.0579 | Mar 31, 2025 |
| Dec 30, 2024 | $0.0475 | Dec 31, 2024 |
| Dec 12, 2024 | $1.346 | Dec 13, 2024 |
| Sep 27, 2024 | $0.0593 | Sep 30, 2024 |
| Jun 27, 2024 | $0.0627 | Jun 28, 2024 |