GSTCX: Goldman Sachs Short Dur T/F C

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GSTCX Goldman Sachs Short Dur T/F C


Profile

GSTCX - Profile

Vitals

  • YTD Return 0.7%
  • 3 Yr Annualized Return 0.7%
  • 5 Yr Annualized Return 0.6%
  • Net Assets $9.48 B
  • Holdings in Top 10 7.5%

52 WEEK LOW AND HIGH

$10.81
$10.28
$10.87

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.50%

SALES FEES

  • Front Load N/A
  • Deferred Load 0.65%

BROKERAGE FEES

  • Turnover 29.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

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

Fund Classification


Distributions

  • YTD Total Return 0.7%
  • 3 Yr Annualized Total Return 0.7%
  • 5 Yr Annualized Total Return 0.6%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.04%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Goldman Sachs Short Duration Tax-Free Fund
  • Fund Family Name
    Goldman Sachs
  • Inception Date
    Aug 15, 1997
  • Shares Outstanding
    N/A
  • Share Class
    C
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Scott Diamond

Fund Description

The fund normally invests at least 80% of its net assets plus any borrowings for investment purposes (measured at the time of purchase) in fixed income securities issued by or on behalf of states, territories and possessions of the United States and the political subdivisions, agencies and instrumentalities thereof, the interest on which is exempt from regular federal income tax, and is not a tax preference item under the federal alternative minimum tax.


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Categories

Fund Company Quick Screens

GSTCX - Fund Company Quick Screens


Performance

GSTCX - Performance

Return Ranking - Trailing

Period GSTCX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.7% -31.9% 954.3% 71.63%
1 Yr 0.9% -28.0% 949.8% 66.51%
3 Yr 0.7%* -17.5% 120.9% 59.90%
5 Yr 0.6%* -8.5% 60.7% 53.65%
10 Yr 0.2%* -5.2% 14.4% 56.02%

* Annualized

Return Ranking - Calendar

Period GSTCX Return Category Return Low Category Return High Rank in Category (%)
2019 1.8% -5.8% 20.3% 87.07%
2018 0.8% -29.6% 4.6% 0.36%
2017 0.4% -6.0% 15.8% 76.26%
2016 -1.0% -7.8% 15.0% 52.75%
2015 -0.5% -11.6% 3.0% 32.37%

Total Return Ranking - Trailing

Period GSTCX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.7% -31.9% 954.3% 71.63%
1 Yr 0.9% -28.0% 949.8% 66.46%
3 Yr 0.7%* -17.5% 120.9% 63.78%
5 Yr 0.6%* -8.5% 60.7% 58.37%
10 Yr 0.2%* -5.2% 16.1% 65.50%

* Annualized

Total Return Ranking - Calendar

Period GSTCX Return Category Return Low Category Return High Rank in Category (%)
2019 1.8% -5.8% 20.3% 87.07%
2018 0.8% -29.6% 4.6% 2.09%
2017 0.4% -6.0% 15.8% 79.97%
2016 -1.0% -7.8% 15.0% 54.94%
2015 -0.5% -9.9% 3.0% 38.71%

NAV & Total Return History


Holdings

GSTCX - Holdings

Concentration Analysis

GSTCX Category Low Category High GSTCX % Rank
Net Assets 9.48 B 619 K 88.4 B 4.46%
Number of Holdings 1671 1 10083 7.81%
Net Assets in Top 10 618 M -202 M 26.9 B 13.37%
Weighting of Top 10 7.46% 2.6% 100.0% 94.01%

Top 10 Holdings

  1. NORTH CAROLINA CAP FACS FIN AGY REV 5% 0.94%
  2. NEW YORK ST DORM AUTH SALES TAX REV ST SUPPORTED DEBT 5% 0.86%
  3. METROPOLITAN TRANSN AUTH N Y REV 5% 0.85%
  4. MASSACHUSETTS ST 4% 0.77%
  5. METROPOLITAN TRANSN AUTH N Y REV 5% 0.74%
  6. ARIZONA HEALTH FACS AUTH REV 1.77% 0.71%
  7. CALIFORNIA ST 5% 0.70%
  8. CONNECTICUT ST HEALTH & EDL FACS AUTH REV 5% 0.69%
  9. ILLINOIS ST 5% 0.63%
  10. PUERTO RICO ELEC PWR AUTH PWR REV 1.48% 0.58%

Asset Allocation

Weighting Return Low Return High GSTCX % Rank
Bonds
92.43% 78.92% 199.79% 78.77%
Cash
7.57% -128.23% 19.68% 15.67%
Stocks
0.00% -4.99% 21.62% 77.25%
Preferred Stocks
0.00% -0.17% 22.02% 79.37%
Other
0.00% -9.40% 31.94% 72.79%
Convertible Bonds
0.00% 0.00% 9.45% 85.71%

Bond Sector Breakdown

Weighting Return Low Return High GSTCX % Rank
Municipal
92.29% 0.00% 100.06% 40.81%
Cash & Equivalents
7.58% -26.49% 93.17% 18.98%
Corporate
0.08% 0.00% 99.00% 59.47%
Government
0.05% -2.21% 99.96% 56.07%
Derivative
0.00% 0.00% 39.43% 79.41%
Securitized
0.00% 0.00% 97.53% 87.55%

Bond Geographic Breakdown

Weighting Return Low Return High GSTCX % Rank
US
90.58% 49.78% 199.79% 54.87%
Non US
1.85% -12.10% 39.65% 63.28%

Expenses

GSTCX - Expenses

Operational Fees

GSTCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.50% 0.01% 34.57% 18.53%
Management Fee 0.34% 0.00% 1.60% 33.75%
12b-1 Fee 0.75% 0.00% 1.00% 76.09%
Administrative Fee N/A 0.00% 0.50% N/A

Sales Fees

GSTCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.50% 5.75% N/A
Deferred Load 0.65% 0.25% 5.50% 97.64%

Trading Fees

GSTCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 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.

GSTCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 29.00% 0.00% 496.90% 37.92%

Distributions

GSTCX - Distributions

Dividend Yield Analysis

GSTCX Category Low Category High GSTCX % Rank
Dividend Yield 0.00% 0.00% 3.88% 76.01%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

GSTCX Category Low Category High GSTCX % Rank
Net Income Ratio 1.04% -0.81% 6.02% 98.13%

Capital Gain Distribution Analysis

GSTCX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Daily Annually

Dividend Payout History

View More +

Fund Manager Analysis

GSTCX - Fund Manager Analysis

Managers

Scott Diamond


Start Date

Tenure

Tenure Rank

Dec 31, 2002

17.68

17.7%

Mr. Diamond joined the Goldman Sachs Asset Management, L.P. in 2002 as a portfolio manager on the U.S. Municipals team. Before joining the Investment Adviser, Mr. Diamond worked for Prudential Financial for nine years where he served as the portfolio manager for national and state specific mutual funds, as well as managing the municipal portfolio of several institutional accounts.

Joseph Wenzel


Start Date

Tenure

Tenure Rank

Jul 29, 2019

1.09

1.1%

Mr. Wenzel is a member of the municipal fixed income portfolio management team. His current responsibilities include portfolio construction, security selection and trading for municipal separate accounts and mutual funds. Prior to joining the team in 2004, Mr. Wenzel worked for 2 years in the Goldman Sachs Asset Management Compliance Group.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 33.3 7.05 0.17