GCRTX: Goldman Sachs Absolute Ret Trckr C

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GCRTX Goldman Sachs Absolute Ret Trckr C


Profile

GCRTX - Profile

Vitals

  • YTD Return -7.7%
  • 3 Yr Annualized Return -2.6%
  • 5 Yr Annualized Return -1.6%
  • Net Assets $3.25 B
  • Holdings in Top 10 21.4%

52 WEEK LOW AND HIGH

$8.02
$7.64
$8.86

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.86%

SALES FEES

  • Front Load N/A
  • Deferred Load 1.00%

BROKERAGE FEES

  • Turnover 127.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $1,000
  • IRA $250

Fund Classification

  • Primary Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style Multialternative

Distributions

  • YTD Total Return -7.7%
  • 3 Yr Annualized Total Return -0.7%
  • 5 Yr Annualized Total Return -0.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.34%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Goldman Sachs Absolute Return Tracker Fund
  • Fund Family Name
    Goldman Sachs
  • Inception Date
    May 30, 2008
  • Shares Outstanding
    N/A
  • Share Class
    C
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Oliver Bunn

Fund Description

The fund's Investment Adviser believes that hedge funds derive a large portion of their returns from exposure to sources of market risk and "Trading Strategies" involving long and/or short positions in Market Exposures and/or individual securities or baskets of securities. It uses a dynamic investment process to seek to identify the appropriate weights to Market Exposures and Trading Strategies that approximate the return and risk patterns of specific hedge fund sub-strategies.


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Categories

GCRTX - Mutual Fund Categories


Performance

GCRTX - Performance

Return Ranking - Trailing

Period GCRTX Return Category Return Low Category Return High Rank in Category (%)
YTD -7.7% -35.2% 0.5% 40.91%
1 Yr -5.9% -30.1% 6.8% 45.00%
3 Yr -2.6%* -14.3% 0.9% 48.81%
5 Yr -1.6%* -10.2% 1.0% 43.06%
10 Yr -0.8%* -0.8% 3.8% 100.00%

* Annualized

Return Ranking - Calendar

Period GCRTX Return Category Return Low Category Return High Rank in Category (%)
2019 6.8% 0.0% 21.6% 53.06%
2018 -5.5% -21.7% -3.4% 24.42%
2017 2.1% -1.2% 12.0% 91.36%
2016 3.2% -1.8% 7.3% 46.91%
2015 -4.3% -16.1% -0.7% 12.50%

Total Return Ranking - Trailing

Period GCRTX Return Category Return Low Category Return High Rank in Category (%)
YTD -7.7% -35.2% 0.5% 40.91%
1 Yr -5.9% -30.1% 7.2% 45.00%
3 Yr -0.7%* -12.5% 4.1% 46.43%
5 Yr -0.3%* -8.3% 3.9% 47.22%
10 Yr 1.1%* 1.1% 7.9% 100.00%

* Annualized

Total Return Ranking - Calendar

Period GCRTX Return Category Return Low Category Return High Rank in Category (%)
2019 6.8% 0.0% 21.6% 53.06%
2018 -3.6% -16.0% -0.6% 10.47%
2017 6.1% -1.2% 18.0% 65.43%
2016 3.6% -1.6% 14.4% 69.14%
2015 -4.3% -16.1% 3.2% 47.22%

NAV & Total Return History


Holdings

GCRTX - Holdings

Concentration Analysis

GCRTX Category Low Category High GCRTX % Rank
Net Assets 3.25 B 1.01 M 3.25 B 5.66%
Number of Holdings 1340 6 1340 12.04%
Net Assets in Top 10 -27.6 M -76.9 M 299 M 90.74%
Weighting of Top 10 21.40% 8.1% 200.7% 63.89%

Top 10 Holdings

  1. E-mini S&P 500 Future June 20 7.51%
  2. Vanguard FTSE Emerging Markets ETF 2.30%
  3. Sell Protection on CDX.NA.HY.34-V1.Jun.2025 1.87%
  4. Sell Protection on ITRAXX.EUROPE.CROSSOVER.33-V1.Jun.2025 1.74%
  5. Euro Stoxx 50 June20 1.73%
  6. Euro Schatz Future June 20 1.69%
  7. Invesco Senior Loan ETF 1.27%
  8. 2 Year Treasury Note Future June 20 1.26%
  9. E-mini Nasdaq 100 Future June 20 1.02%
  10. 10 Year Treasury Note Future June 20 1.01%

Asset Allocation

Weighting Return Low Return High GCRTX % Rank
Cash
88.68% -13.27% 184.19% 12.04%
Bonds
9.53% -120.56% 74.63% 90.74%
Stocks
1.40% 0.00% 99.99% 86.11%
Convertible Bonds
0.20% 0.00% 15.03% 73.15%
Other
0.14% 0.00% 23.86% 70.37%
Preferred Stocks
0.04% 0.00% 24.57% 61.11%

Bond Sector Breakdown

Weighting Return Low Return High GCRTX % Rank
Cash & Equivalents
84.73% 0.36% 186.99% 13.89%
Government
11.66% -132.75% 41.07% 67.59%
Derivative
2.32% -0.51% 27.12% 29.63%
Corporate
1.29% 0.00% 97.78% 97.22%
Securitized
0.00% 0.00% 23.46% 94.44%
Municipal
0.00% 0.00% 4.79% 94.44%

Bond Geographic Breakdown

Weighting Return Low Return High GCRTX % Rank
Non US
9.40% 0.00% 45.79% 68.52%
US
0.13% -166.35% 64.16% 90.74%

Expenses

GCRTX - Expenses

Operational Fees

GCRTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.86% 0.26% 11.95% 30.69%
Management Fee 0.64% 0.10% 1.90% 50.91%
12b-1 Fee 0.75% 0.00% 1.00% 77.61%
Administrative Fee N/A 0.02% 0.25% N/A

Sales Fees

GCRTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load 1.00% 1.00% 5.00% 100.00%

Trading Fees

GCRTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

GCRTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 127.00% 0.00% 282.00% 70.59%

Distributions

GCRTX - Distributions

Dividend Yield Analysis

GCRTX Category Low Category High GCRTX % Rank
Dividend Yield 0.00% 0.00% 2.69% 95.45%

Dividend Distribution Analysis

GCRTX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annually Monthly Monthly

Net Income Ratio Analysis

GCRTX Category Low Category High GCRTX % Rank
Net Income Ratio 0.34% -0.99% 11.02% 95.15%

Capital Gain Distribution Analysis

GCRTX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

GCRTX - Fund Manager Analysis

Managers

Oliver Bunn


Start Date

Tenure

Tenure Rank

Jul 14, 2017

2.8

2.8%

Mr. Bunn is a portfolio manager on the Alternative Investment Strategies (AIS) team within Quantitative Investment Strategies (“QIS”) Team. He joined GSAM in 2014 and is primarily focused on alternative risk premia and hedge fund beta strategies. Previously, he researched and developed equity strategy indices at Barclays.

Federico Gilly


Start Date

Tenure

Tenure Rank

Oct 12, 2018

1.55

1.6%

Mr. Gilly is co-head of research, portfolio management and portfolio construction for the Alternative Investment Strategies (AIS) team within GSAM’s QIS platform. Mr. Gilly joined the Investment Adviser in 2000.

Matthew Schwab


Start Date

Tenure

Tenure Rank

Oct 12, 2018

1.55

1.6%

Mr. Schwab is co-head of research, portfolio management and portfolio construction for the Alternative Investment Strategies team within Goldman Sachs Asset Management, L.P’s Quantitative Investment Strategies (QIS) platform. He joined Goldman Sachs in 2007.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.21 9.92 4.15 5.61