Goldman Sachs Bond P (GMVPX)
| Fund Assets | 350.65M |
| Expense Ratio | 0.45% |
| Min. Investment | $5,000,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.40 |
| Dividend Yield | 4.40% |
| Dividend Growth | 1.10% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 8.97 |
| YTD Return | 4.20% |
| 1-Year Return | 0.98% |
| 5-Year Return | -4.73% |
| 52-Week Low | 8.60 |
| 52-Week High | 9.19 |
| Beta (5Y) | n/a |
| Holdings | 1472 |
| Inception Date | Apr 20, 2018 |
About GMVPX
Goldman Sachs Bond Fund Class P is a mutual fund specializing in fixed-income securities. Its primary objective is to deliver a combination of income and capital preservation by investing at least 80% of its assets in bonds and related debt instruments. The fund follows an intermediate core-plus bond strategy, which allows for moderate exposure to credit risk and interest rate sensitivity while maintaining broad diversification across sectors within the U.S. fixed-income market. The portfolio is heavily allocated to securitized mortgage-backed securities, particularly those issued by U.S. government agencies such as the Federal National Mortgage Association and the Government National Mortgage Association, providing stability and liquidity. With over 1,000 bond holdings and zero equity exposure, it targets investors seeking regular income, offering monthly dividend distributions and a yield in the 4–4.6% range. Managed by Goldman Sachs Asset Management, the fund emphasizes cost efficiency, maintaining an expense ratio notably below the peer group average. Its role in the market is to provide investors with access to a professionally managed, diversified bond portfolio suitable for core fixed-income allocation within broader investment strategies.
Performance
GMVPX had a total return of 0.98% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.09%.
Top 10 Holdings
40.29% of assets| Name | Symbol | Weight |
|---|---|---|
| UMBS, TBA - Uniform Mortgage-Backed Security, TBA | FNCL.5.5 7.11 | 12.49% |
| Goldman Sachs Financial Square Government Fund | FGTXX | 6.20% |
| UMBS, TBA - Uniform Mortgage-Backed Security, TBA | FNCL.6 7.11 | 6.20% |
| Government National Mortgage Association - Ginnie Mae | G2SF.5.5 7.11 | 3.49% |
| Government National Mortgage Association - Ginnie Mae | G2SF.5 7.11 | 2.85% |
| United States Treasury - U.S. Treasury Notes | T.3.875 06.30.30 | 1.86% |
| United States Treasury - U.S. Treasury Notes | T.4 06.30.32 | 1.86% |
| UMBS, TBA - Uniform Mortgage-Backed Security, TBA | FNCL.3.5 7.11 | 1.83% |
| Government National Mortgage Association - Ginnie Mae | G2SF.6 7.11 | 1.77% |
| Freddie Mac Pool | FR.SD8146 | 1.74% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 29, 2025 | $0.03246 | Aug 29, 2025 |
| Jul 31, 2025 | $0.03104 | Jul 31, 2025 |
| Jun 30, 2025 | $0.03205 | Jun 30, 2025 |
| May 30, 2025 | $0.03129 | May 30, 2025 |
| Apr 30, 2025 | $0.03192 | Apr 30, 2025 |
| Mar 31, 2025 | $0.03417 | Mar 31, 2025 |