Goldman Sachs Rising Dividend Growth Fund Institutional Class (GSRLX)
| Fund Assets | 428.35M |
| Expense Ratio | 0.69% |
| Min. Investment | $1,000,000 |
| Turnover | 42.00% |
| Dividend (ttm) | 1.57 |
| Dividend Yield | 12.31% |
| Dividend Growth | 70.44% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | n/a |
| Previous Close | 12.72 |
| YTD Return | 4.17% |
| 1-Year Return | 11.13% |
| 5-Year Return | 112.84% |
| 52-Week Low | 10.58 |
| 52-Week High | 14.48 |
| Beta (5Y) | n/a |
| Holdings | 117 |
| Inception Date | Mar 21, 2007 |
About GSRLX
Goldman Sachs Rising Dividend Growth Fund Institutional Shares is a mutual fund designed to provide investors with a combination of long-term capital growth and current income. Its primary strategy involves investing at least 80% of its net assets in equity securities of dividend-paying companies, with a particular focus on U.S. firms but also including select foreign corporations. The fund emphasizes holdings in businesses recognized for their potential to increase dividends over time, balancing exposure across growth and value stocks of various market capitalizations. Key sectors represented in its portfolio include technology, communication services, and energy, particularly companies involved in energy infrastructure and master limited partnerships. This approach positions the fund as a core equity holding for institutional investors seeking relatively stable income streams and the potential for capital appreciation, making it relevant for those aiming to benefit from rising dividends and diversified sector exposure within the large blend category of mutual funds.
Performance
GSRLX had a total return of 11.13% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.22%.
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 | $0.0557 | Jun 30, 2025 |
| Mar 28, 2025 | $0.0575 | Mar 31, 2025 |
| Dec 30, 2024 | $0.0472 | Dec 31, 2024 |
| Dec 12, 2024 | $1.346 | Dec 13, 2024 |
| Sep 27, 2024 | $0.0591 | Sep 30, 2024 |
| Jun 27, 2024 | $0.0623 | Jun 28, 2024 |