About GSGSX
The Goldman Sachs Equity Income Fund is a mutual fund focused primarily on investing in U.S. equity securities with the goal of providing both capital appreciation and income. The fund maintains a strategy that targets well-established, large-cap companies known for their capacity to pay dividends, making it a component of the large value category. By allocating at least 80% of its assets to equity investments, the fund seeks to balance growth prospects with the stability of regular dividend income. It is managed by Goldman Sachs Asset Management and is designed to appeal to investors looking for a blend of growth potential and income generation through dividends.
The portfolio typically includes top holdings from diverse sectors such as financial services, energy, consumer defensive, healthcare, basic materials, and industrials. Examples of major holdings include JPMorgan Chase & Co., Exxon Mobil, Walmart, and Johnson & Johnson. The fund may also employ options strategies, such as selling call options on broad market indices, to enhance cash flow and potentially reduce portfolio volatility. Its broad sector exposure and disciplined investment process aim to generate long-term returns while providing periodic income, reflecting its significant role among value-oriented mutual funds in the U.S. equity market.
Fund Family Goldman Sachs
Category Large-Cap Value
Performance Rating Average
Risk Rating Below Average
Stock Exchange Nasdaq
Ticker Symbol GSGSX
Share Class Service
Index Russell 1000 Value TR
GSGSX had a total return of 22.90% in the past year, including dividends. Since the fund's
inception, the average annual return has been 7.77%.
