Goldman Sachs Commodity Strategy Fund Class A (GSCAX)
| Fund Assets | 330.66M |
| Expense Ratio | 0.95% |
| Min. Investment | $1,000 |
| Turnover | 83.00% |
| Dividend (ttm) | 0.25 |
| Dividend Yield | 2.74% |
| Dividend Growth | -27.31% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Jun 27, 2025 |
| Previous Close | 8.67 |
| YTD Return | 5.86% |
| 1-Year Return | 3.96% |
| 5-Year Return | 72.33% |
| 52-Week Low | 7.73 |
| 52-Week High | 9.06 |
| Beta (5Y) | 0.29 |
| Holdings | 61 |
| Inception Date | Mar 30, 2007 |
About GSCAX
Goldman Sachs Commodity Strategy Fund Class A is a mutual fund designed to offer investors substantial economic exposure to a broad range of commodities markets. Its primary objective is long-term total return, achieved by investing primarily in commodity-related derivative instruments, such as commodity futures and swaps, rather than holding physical commodities. The fund serves as a diversifier within traditional portfolios by providing access to the commodities asset class, which can help hedge against inflation and balance equity and bond risk. The portfolio is structured to maintain a high notional allocation to commodities, often using U.S. Treasury bills and cash equivalents as collateral while using derivatives to achieve exposure to sectors like energy, metals, agriculture, and livestock. This approach gives investors indirect participation in global commodity price movements without direct commodity ownership. Managed by Goldman Sachs Asset Management, the fund is notable for its alternative investment strategy and its role in providing diversified, commodities-based exposure to institutional and retail investors seeking to broaden their portfolio allocations beyond equities and fixed income.
Performance
GSCAX had a total return of 3.96% in the past year, including dividends. Since the fund's inception, the average annual return has been -6.75%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
100.09% of assets| Name | Symbol | Weight |
|---|---|---|
| United States Treasury - U.S. Treasury Bills | B.0 09.04.25 | 29.42% |
| United States Treasury - U.S. Treasury Bills | B.0 07.17.25 | 19.93% |
| United States Treasury - U.S. Treasury Bills | n/a | 19.33% |
| Goldman Sachs Financial Square Government Fund | FGTXX | 9.53% |
| United States Treasury - U.S. Treasury Bills | B.0 06.05.25 | 9.05% |
| United States Treasury - U.S. Treasury Bills | n/a | 7.14% |
| United States Treasury - U.S. Treasury Bills | n/a | 2.92% |
| Citibank NA - Long: 228153411 TRS USD R E BCOMF3T INDEX / Short: 228153411 TRS USD P V 01MTBILL USB3MTA +11 BPS | n/a | 1.28% |
| Merrill Lynch International - Long: 228153413 TRS USD R E BCOMF3T INDEX / Short: 228153413 TRS USD P V 01MTBILL USB3MTA +12 BPS | n/a | 0.80% |
| Commodities Exchange Center - GOLD 100 OZ FUTR JUN25 | n/a | 0.70% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 27, 2025 | $0.1113 | Jun 30, 2025 |
| Dec 23, 2024 | $0.1376 | Dec 24, 2024 |
| Jun 27, 2024 | $0.1744 | Jun 28, 2024 |
| Dec 22, 2023 | $0.168 | Dec 26, 2023 |
| Jun 29, 2023 | $0.1445 | Jun 30, 2023 |
| Dec 23, 2022 | $0.9652 | Dec 27, 2022 |