GARJX Performance — Goldman Sachs Global Real Estate Securities Fund, Investor Shares
Data updated: 2025-05-27
GARJX returned +1.94% over one year to Mar 2025. Annualised returns are −4.62% over 3 years and +5.80% over 5 years. The fund trailed its Global Real Estate category average: $100 invested three years ago grew to $87, against $94 for the category, and to $102 over one year, against $104. Volatility over the past three years was 19.88% a year. In the 12 months to Mar 2025 the fund lost a net $118.7M, and assets reached $12.81M.
GARJX Growth of $100
What $100 invested in Goldman Sachs Global Real Estate Securities Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Global Real Estate category average over the same months.
| Period | GARJX | Category average |
|---|---|---|
| 1 year (Apr 2024 – Mar 2025) | $102 | $104 |
| 3 years (Apr 2022 – Mar 2025) | $87 | $94 |
| 5 years (Apr 2020 – Mar 2025) | $133 | $141 |
| Since data start (Jul 2019 – Mar 2025) | $103 | $115 |
GARJX Trailing Returns
Total returns to Mar 2025, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +1.94% |
| 3 years (annualised) | −4.62% |
| 5 years (annualised) | +5.80% |
GARJX Annual Returns
Calendar-year total returns of Goldman Sachs Global Real Estate Securities Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2025 (Jan–Mar) | +1.09% |
| 2024 | −0.45% |
| 2023 | +13.18% |
| 2022 | −27.85% |
| 2021 | +26.20% |
| 2020 | −6.39% |
| 2019 (Jul–Dec) | +6.27% |
GARJX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | +1.6% | +2.6% | −3.0% | — | — | — | — | — | — | — | — | — |
| 2024 | −4.2% | −0.2% | +3.2% | −6.8% | +4.4% | −0.2% | +6.2% | +5.8% | +2.2% | −5.1% | +2.4% | −7.1% |
| 2023 | +9.7% | −4.3% | −2.4% | +2.6% | −4.3% | +3.3% | +3.1% | −2.9% | −5.9% | −4.4% | +11.2% | +8.9% |
| 2022 | −6.0% | −3.0% | +3.9% | −5.9% | −4.6% | −7.8% | +7.6% | −6.9% | −12.5% | +1.9% | +7.2% | −3.9% |
| 2021 | −1.5% | +3.7% | +2.9% | +6.6% | +1.3% | +1.8% | +4.0% | +1.6% | −5.9% | +5.2% | −1.8% | +6.2% |
| 2020 | +0.4% | −8.0% | −20.7% | +7.2% | +1.6% | +2.7% | +4.4% | +2.1% | −2.7% | −2.8% | +10.2% | +2.9% |
| 2019 | — | — | — | — | — | — | +0.6% | +2.2% | +2.1% | +1.8% | −1.0% | +0.5% |
GARJX Risk
Risk measures from monthly returns over Apr 2022 – Mar 2025.
- 3-year volatility (annualised): 19.88%
- 3-year Sharpe ratio: -0.46 (vs 4.5% risk-free rate)
- Best month: +11.23% (Nov 2023)
- Worst month: −12.51% (Sep 2022)
GARJX Fund Flows
Monthly money in and out of Goldman Sachs Global Real Estate Securities Fund, from SEC Form N-PORT.
- 12-month net flow: −$118.7M
- 12-month gross sales (incl. reinvestments): $18.7M
- Sales ÷ redemptions: 0.14×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Mar 2025 | $103K | $7.7M | −$7.6M |
| Feb 2025 | $46K | $37.7M | −$37.6M |
| Jan 2025 | $327K | $1.0M | −$679K |
| Dec 2024 | $113K | $12.8M | −$12.7M |
| Nov 2024 | $9.6M | $905K | $8.7M |
| Oct 2024 | $7.2M | $319K | $6.8M |
| Sep 2024 | $559K | $631K | −$72K |
| Aug 2024 | $5K | $468K | −$463K |
| Jul 2024 | $33K | $41.2M | −$41.2M |
| Jun 2024 | $708K | $1.6M | −$937K |
| May 2024 | $22K | $1.7M | −$1.7M |
| Apr 2024 | $38K | $31.4M | −$31.3M |
GARJX Assets Under Management
Net assets of Goldman Sachs Global Real Estate Securities Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2025-03-31 | $12.81M |
| 2024-12-31 | $57.45M |
| 2024-09-30 | $61.40M |
| 2024-06-30 | $95.45M |
| 2024-03-31 | $133.07M |
| 2023-12-31 | $148.68M |
| 2023-09-29 | $114.46M |
| 2023-06-30 | $120.12M |
| 2023-03-31 | $119.73M |
| 2022-12-30 | $112.49M |
| 2022-09-30 | $141.21M |
| 2022-06-30 | $182.12M |
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.