GAKPX Fees and Costs — Goldman Sachs Core Fixed Income Fund, Class P
Data updated: 2026-08-26
The net expense ratio is 0.38%: a 0.37% management fee plus 0.07% other expenses, less a 0.06% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $246K in broker commissions, 0.0102% of average net assets, and portfolio turnover was 788%.
GAKPX Fees and Expenses
Annual operating expenses and sales charges of GAKPX. Prospectus, as of March 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.37% |
| 12b-1 fee | — |
| Other expenses | 0.07% |
| Gross expense ratio | 0.44% |
| Fee waiver | −0.06% |
| Net expense ratio | 0.38% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
GAKPX Costs Over Time
On $10,000 invested in GAKPX, assuming 5% a year before costs, total costs come to $247 over 5 years, cutting the return by 0.41% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.38%) | $40 | $125 | $219 |
| Trading costs (broker commissions) | $1 | $3 | $6 |
| Lost growth on money paid in costs | $0 | $6 | $23 |
| Total costs | $41 | $135 | $247 |
| Value after costs | $10,459 | $11,441 | $12,516 |
| Impact on return, per year | 0.41% | 0.41% | 0.41% |
GAKPX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending March 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0102%
- Total broker commissions: $246K
- Bought from dealers (principal trades, not a cost): $69.8B
- Portfolio turnover (prospectus): 788%
- Securities lending: none during the year
GAKPX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Citigroup Global Markets Inc. | $167K | 67.91% |
| J.P. Morgan Securities PLC | $27K | 11.19% |
| Morgan Stanley & Co. LLC | $24K | 9.81% |
| BofA Securities, Inc. | $10K | 4.12% |
| Barclays Bank PLC | $8K | 3.27% |
| Barclays Capital Inc. | $6K | 2.37% |
| Merrill Lynch International | $1K | 0.51% |
| Deutsche Bank Aktiengesellschaft | $1K | 0.45% |
| Wells Fargo Securities, LLC | $634 | 0.26% |
| RBC Europe Limited | $276 | 0.11% |
GAKPX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley & Co. International PLC | $7.8B | 15.04% |
| J.P. Morgan Securities LLC | $7.2B | 13.86% |
| Morgan Stanley & Co. LLC | $6.7B | 12.92% |
| BofA Securities, Inc. | $6.3B | 12.01% |
| JPMorgan Chase Bank, National Association | $4.6B | 8.78% |
| BNP Paribas | $4.4B | 8.42% |
| Barclays Bank PLC | $4.2B | 8.11% |
| Barclays Capital Inc. | $4.0B | 7.75% |
| Merrill Lynch International | $3.5B | 6.69% |
| Citigroup Global Markets Inc. | $3.4B | 6.44% |
Goldman Sachs Core Fixed Income Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| GAKPX | Class P | 0.38% | — |
| GCFUX | Class R6 | 0.38% | none |
| GSFIX | Institutional Shares | 0.39% | none |
| GDFTX | Investor Shares | 0.47% | none |
| GCFIX | Class A | 0.72% | 3.75% |
| GSCSX | Service Shares | 0.89% | none |
| GDFRX | Class R | 0.97% | none |
| GCFCX | Class C | 1.47% | none |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.