GAPUX Fees and Costs — Goldman Sachs Dynamic Global Equity Fund, Class R6
Data updated: 2026-08-26
The net expense ratio is 0.62% (0.75% before fee waivers). There are no sales loads or redemption fees. In fiscal 2025 the fund paid $14K in broker commissions, 0.0034% of average net assets, and portfolio turnover was 36%.
GAPUX Fees and Expenses
Annual operating expenses and sales charges of GAPUX. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.15% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.17% |
| Gross expense ratio | 0.75% |
| Fee waiver | −0.13% |
| Net expense ratio | 0.62% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
GAPUX Costs Over Time
On $10,000 invested in GAPUX, assuming 5% a year before costs, total costs come to $393 over 5 years, cutting the return by 0.65% 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 0.62%) | $65 | $204 | $355 |
| Trading costs (broker commissions) | $0 | $1 | $2 |
| Lost growth on money paid in costs | $0 | $10 | $36 |
| Total costs | $65 | $215 | $393 |
| Value after costs | $10,435 | $11,361 | $12,370 |
| Impact on return, per year | 0.65% | 0.65% | 0.65% |
GAPUX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0034%
- Total broker commissions: $14K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 36%
- Securities lending: none during the year
GAPUX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley & Co. LLC | $4K | 32.03% |
| Wells Fargo Securities, LLC | $3K | 22.84% |
| Citadel Securities LLC | $2K | 12.38% |
| Virtu Americas LLC | $1K | 10.52% |
| Barclays Capital Inc. | $1K | 10.20% |
| UBS AG | $553 | 4.03% |
| Jane Street Execution Services, LLC | $545 | 3.97% |
| BofA Securities, Inc. | $334 | 2.43% |
| Susquehanna Financial Group, LLLP | $117 | 0.85% |
| Citigroup Global Markets Inc. | $101 | 0.74% |
Goldman Sachs Dynamic Global Equity Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| GADPX | Class P | 0.62% | — |
| GAPUX | Class R6 | 0.62% | none |
| GAPIX | Institutional Shares | 0.63% | none |
| GAPTX | Investor Shares | 0.74% | none |
| GAPAX | Class A | 0.99% | 5.50% |
| GAPSX | Service Shares | 1.13% | none |
| GAPRX | Class R | 1.24% | none |
| GAXCX | Class C | 1.74% | 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.