GMSCX: Goldman Sachs Managed Futs Strat C

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GMSCX Goldman Sachs Managed Futs Strat C


Profile

GMSCX - Profile

Vitals

  • YTD Return 3.4%
  • 3 Yr Annualized Return -1.4%
  • 5 Yr Annualized Return -1.9%
  • Net Assets $269 M
  • Holdings in Top 10 N/A

52 WEEK LOW AND HIGH

$9.42
$8.96
$10.82

Expenses

OPERATING RELATED FEES

  • Expense Ratio 2.39%

SALES FEES

  • Front Load N/A
  • Deferred Load 1.00%

BROKERAGE FEES

  • Turnover N/A

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 Managed Futures

Distributions

  • YTD Total Return 3.4%
  • 3 Yr Annualized Total Return -1.2%
  • 5 Yr Annualized Total Return -1.1%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.69%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Goldman Sachs Managed Futures Strategy Fund
  • Fund Family Name
    Goldman Sachs
  • Inception Date
    Feb 29, 2012
  • Shares Outstanding
    N/A
  • Share Class
    C
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    James Park

Fund Description

The fund implements a trend-following strategy that takes long and/or short positions in a wide range of asset classes, including equities, fixed income, commodities and currencies, among others, to seek long-term absolute return. It seeks to achieve its investment objective by investing primarily in a portfolio of equities, equity index futures, bonds, bond futures, equity swaps, interest rate swaps, currency forwards and non-deliverable forwards, options, exchange traded funds ("ETFs"), and structured securities.


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Categories

Fund Company Quick Screens

GMSCX - Fund Company Quick Screens


Performance

GMSCX - Performance

Return Ranking - Trailing

Period GMSCX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.4% -18.8% 8.3% 13.68%
1 Yr -1.7% -21.6% 9.7% 34.44%
3 Yr -1.4%* -9.9% 4.6% 42.25%
5 Yr -1.9%* -8.6% 1.0% 36.00%
10 Yr N/A* -6.2% -0.2% N/A

* Annualized

Return Ranking - Calendar

Period GMSCX Return Category Return Low Category Return High Rank in Category (%)
2019 -4.7% -6.5% 9.4% 95.51%
2018 -3.2% -18.5% 3.1% 23.38%
2017 0.9% 0.1% 10.8% 94.12%
2016 -1.6% -12.3% 8.7% 91.07%
2015 5.3% -21.1% 6.0% 10.00%

Total Return Ranking - Trailing

Period GMSCX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.4% -18.8% 8.3% 13.68%
1 Yr -1.7% -21.6% 9.7% 34.44%
3 Yr -1.2%* -8.2% 4.6% 49.30%
5 Yr -1.1%* -8.3% 1.8% 54.00%
10 Yr N/A* -6.0% 3.0% N/A

* Annualized

Total Return Ranking - Calendar

Period GMSCX Return Category Return Low Category Return High Rank in Category (%)
2019 -4.7% -6.5% 9.4% 95.51%
2018 -3.1% -18.5% 3.1% 27.27%
2017 1.4% 0.1% 12.6% 94.12%
2016 -1.6% -12.3% 8.9% 92.86%
2015 8.9% -21.1% 10.2% 10.00%

NAV & Total Return History


Holdings

GMSCX - Holdings

Concentration Analysis

GMSCX Category Low Category High GMSCX % Rank
Net Assets 269 M 7.29 M 150 B 41.05%
Number of Holdings 172 5 5741 68.42%
Net Assets in Top 10 2.03 B 2.4 M 10.1 B 9.47%
Weighting of Top 10 N/A 6.8% 99.8% 3.37%

Top 10 Holdings

  1. Swap/03/18/2021/P:EUR 0.00000 /R:EUR/EURIBOR/6M_Receive 470.92%
  2. Swap/03/18/2021/P:USD/LIBOR/3M /R:USD 1.50000_Pay 334.89%
  3. Swap/03/18/2021/P:SEK 0.25000 /R:SEK/STIBOR/3M_Receive 272.63%
  4. Swap/03/18/2021/P:CHF 0.00000 /R:CHF/LIBOR/6M_Receive 194.61%
  5. Swap/03/18/2021/P:GBP 1.00000 /R:GBP/LIBOR/6M_Receive 133.18%
  6. Swap/03/18/2021/P:AUD/BBR/3M /R:AUD 0.75000_Pay 123.66%
  7. Swap/03/18/2022/P:USD 1.50000 /R:USD/LIBOR/3M_Receive 53.00%
  8. Swap/03/18/2022/P:EUR 0.00000 /R:EUR/EURIBOR/6M_Receive 46.25%
  9. Swap/03/18/2021/P:CAD 2.00000 /R:CAD/BA/3M_Receive 37.23%
  10. Gs Mfs Cayman Cmdty Fund 20.15%

Asset Allocation

Weighting Return Low Return High GMSCX % Rank
Bonds
717.21% 82.25% 2295.09% 6.32%
Stocks
47.17% 0.00% 102.31% 11.58%
Other
20.17% -6.55% 20.17% 5.26%
Preferred Stocks
0.00% 0.00% 0.08% 68.42%
Convertible Bonds
0.00% 0.00% 36.72% 88.42%
Cash
-684.55% -2222.56% 17.68% 96.84%

Stock Sector Breakdown

Weighting Return Low Return High GMSCX % Rank
Financial Services
21.48% 0.00% 100.00% 37.84%
Technology
17.65% 0.00% 19.76% 35.14%
Consumer Cyclical
10.36% 0.00% 12.70% 37.84%
Healthcare
10.26% 0.00% 14.95% 40.54%
Industrials
9.92% 0.00% 19.00% 43.24%
Consumer Defense
7.68% 0.00% 13.22% 35.14%
Energy
7.27% 0.00% 100.00% 45.95%
Basic Materials
5.87% 0.00% 27.03% 59.46%
Communication Services
3.77% 0.00% 16.45% 83.78%
Utilities
2.88% 0.00% 16.19% 54.05%
Real Estate
2.84% 0.00% 29.67% 32.43%

Stock Geographic Breakdown

Weighting Return Low Return High GMSCX % Rank
Non US
44.04% 0.00% 56.45% 11.58%
US
3.13% -0.55% 45.86% 11.58%

Bond Sector Breakdown

Weighting Return Low Return High GMSCX % Rank
Government
63.15% 7.90% 79.20% 51.58%
Cash & Equivalents
30.89% 0.53% 30.93% 6.32%
Derivative
5.95% 0.00% 69.18% 34.74%
Securitized
0.00% 0.00% 6.60% 74.74%
Corporate
0.00% 0.00% 89.75% 97.89%
Municipal
0.00% 0.00% 0.22% 69.47%

Bond Geographic Breakdown

Weighting Return Low Return High GMSCX % Rank
US
717.21% 0.00% 717.21% 5.26%
Non US
0.00% 0.00% 2189.45% 97.89%

Expenses

GMSCX - Expenses

Operational Fees

GMSCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 2.39% 0.01% 43.49% 14.29%
Management Fee 1.00% 0.00% 1.64% 89.47%
12b-1 Fee 0.75% 0.00% 1.00% 84.21%
Administrative Fee N/A 0.03% 0.45% N/A

Sales Fees

GMSCX 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% 1.00% 70.00%

Trading Fees

GMSCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.50% 2.00% 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.

GMSCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 129.00% 95.18%

Distributions

GMSCX - Distributions

Dividend Yield Analysis

GMSCX Category Low Category High GMSCX % Rank
Dividend Yield 0.00% 0.00% 1.38% 70.53%

Dividend Distribution Analysis

GMSCX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

GMSCX Category Low Category High GMSCX % Rank
Net Income Ratio -0.69% -0.78% 6.35% 98.90%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

GMSCX - Fund Manager Analysis

Managers

James Park


Start Date

Tenure

Tenure Rank

Oct 03, 2014

5.41

5.4%

Senior Portfolio Managers oversee all aspects of their product areas from research to implementation and are ultimately responsible for supervising and monitoring the process, implementation, and controls. They are supported by teams throughout the functional areas.

Momoko Ono


Start Date

Tenure

Tenure Rank

Apr 28, 2017

2.84

2.8%

Ms. Ono is a portfolio manager and researcher on the QIS Team, focusing on macro alpha strategies. She serves as a co-portfolio manager for a number of funds and separate accounts trading global macro strategies. Ms. Ono originally joined the Investment Adviser in June 2007 as a member of the Tokyo-based, QIS client portfolio management team.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.27 26.22 6.09 26.22