GARUX Fees and Costs — Goldman Sachs Absolute Return Tracker Fund, Class R6
Data updated: 2026-08-26
The net expense ratio is 0.73% (0.79% before fee waivers). There are no sales loads or redemption fees. In fiscal 2025 the fund paid $806K in broker commissions, 0.0161% of average net assets, and portfolio turnover was 134%.
GARUX Fees and Expenses
Annual operating expenses and sales charges of GARUX. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.63% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.07% |
| Gross expense ratio | 0.79% |
| Fee waiver | −0.06% |
| Net expense ratio | 0.73% |
| 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 |
GARUX Costs Over Time
On $10,000 invested in GARUX, assuming 5% a year before costs, total costs come to $469 over 5 years, cutting the return by 0.78% 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 0.73%) | $77 | $240 | $417 |
| Trading costs (broker commissions) | $2 | $5 | $9 |
| Lost growth on money paid in costs | $0 | $12 | $43 |
| Total costs | $78 | $257 | $469 |
| Value after costs | $10,422 | $11,319 | $12,294 |
| Impact on return, per year | 0.78% | 0.78% | 0.78% |
GARUX 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): 0.0161%
- Total broker commissions: $806K
- Bought from dealers (principal trades, not a cost): $55.9B
- Portfolio turnover (prospectus): 134%
- Securities on loan, average value: $61.2M
- Net income from securities lending: $896K (0.018% of average net assets)
GARUX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Barclays Capital Inc. | $281K | 38.25% |
| Morgan Stanley & Co. LLC | $209K | 28.55% |
| UBS Securities LLC | $46K | 6.26% |
| J.P. Morgan Securities LLC | $38K | 5.11% |
| BofA Securities, Inc. | $34K | 4.60% |
| Citigroup Global Markets Inc. | $32K | 4.35% |
| Jane Street Execution Services, LLC | $30K | 4.04% |
| Virtu Americas LLC | $24K | 3.31% |
| UBS AG | $23K | 3.10% |
| Citadel Securities LLC | $18K | 2.42% |
GARUX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Bank of America, National Association | $21.0B | 37.76% |
| Citibank, National Association | $15.3B | 27.55% |
| JPMorgan Chase Bank, National Association | $14.1B | 25.35% |
| Morgan Stanley & Co. International PLC | $2.0B | 3.57% |
| Barclays Bank PLC | $1.3B | 2.26% |
| BNP Paribas | $645.7M | 1.16% |
| Morgan Stanley & Co. LLC | $591.4M | 1.07% |
| Deutsche Bank Aktiengesellschaft | $347.6M | 0.63% |
| Royal Bank of Canada | $185.7M | 0.33% |
| UBS AG | $178.0M | 0.32% |
Goldman Sachs Absolute Return Tracker Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| GARUX | Class R6 | 0.73% | none |
| GSGPX | Class P | 0.73% | — |
| GJRTX | Institutional Shares | 0.74% | none |
| GSRTX | Investor Shares | 0.85% | none |
| GARTX | Class A | 1.10% | 5.50% |
| GRRTX | Class R | 1.35% | none |
| GCRTX | Class C | 1.85% | 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.