Goldman Sachs U.S. Equity Dividend and Premium Fund Class A (GSPAX)

Fund Assets	3.90B
Expense Ratio	1.00%
Min. Investment	$1,000
Turnover	29.00%
Dividend (ttm)	0.13
Dividend Yield	0.64%
Dividend Growth	-19.88%
Payout Frequency	Quarterly
Ex-Dividend Date	Sep 29, 2026

Previous Close	20.76
YTD Return	13.69%
1-Year Return	17.63%
5-Year Return	80.33%
52-Week Low	17.09
52-Week High	20.83
Beta (5Y)	0.90
Holdings	189
Inception Date	Aug 31, 2005

About GSPAX

Goldman Sachs U.S. Equity Dividend and Premium Fund Class A is a mutual fund focused on generating income and capital appreciation by investing primarily in large-cap, dividend-paying U.S. companies. The fund seeks to balance income generation and participation in equity market growth, utilizing a portfolio that closely mirrors the sector and industry weights of the S&P 500 Index while maintaining a modest emphasis on higher-yield stocks. To enhance income, the fund employs an options strategy, systematically selling index call options on a portion of its equity holdings—typically covering 20% to 40% of the portfolio. The investment approach results in a diversified allocation across sectors, with technology, finance, and consumer segments representing significant weights. Notable holdings include major U.S. corporations such as Apple, Microsoft, and NVIDIA. By blending traditional equity exposure with derivative income strategies, the fund offers investors a blend of yield, risk management, and equity market participation, positioning it as a distinctive solution in the derivative income category for those seeking consistent payouts alongside growth potential.

• Fund Family: Goldman Sachs
• Category: Equity Income
• Performance Rating: High
• Risk Rating: Above Average
• Stock Exchange: Nasdaq
• Ticker Symbol: GSPAX
• Share Class: Class A
• Index: S&P 500 TR

Performance

GSPAX had a total return of 17.63% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.34%.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
GSFPX	Class P Shares	0.67%
GIDWX	Class R6 Shares	0.67%
GSPKX	Institutional	0.68%
GVIRX	Investor Shares	0.75%

Top 10 Holdings

38.34% of assets

Name	Symbol	Weight
NVIDIA Corporation	NVDA	7.55%
Apple Inc.	AAPL	6.64%
Alphabet Inc.	GOOGL	5.01%
Microsoft Corporation	MSFT	4.56%
Amazon.com, Inc.	AMZN	3.69%
Broadcom Inc.	AVGO	2.92%
Micron Technology, Inc.	MU	2.48%
Meta Platforms, Inc.	META	1.99%
Tesla, Inc.	TSLA	1.90%
Advanced Micro Devices, Inc.	AMD	1.61%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 29, 2026	$0.031	Sep 30, 2026
Jun 29, 2026	$0.0383	Jun 30, 2026
Mar 30, 2026	$0.0369	Mar 31, 2026
Dec 18, 2025	$0.0264	Dec 19, 2025
Dec 11, 2025	$0.9916	Dec 12, 2025
Sep 29, 2025	$0.0433	Sep 30, 2025

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Oct 16, 2026

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