GCGUX Performance — Goldman Sachs Concentrated Growth Fund, Class R6
Data updated: 2024-04-26
GCGUX returned +45.80% over one year to Feb 2024. The annualised 3-year return is +9.17%. The fund beat its US Large Growth category average: $100 invested three years ago grew to $130, against $126 for the category, and to $146 over one year, against $140. Volatility over the past three years was 21.82% a year. In the 12 months to Feb 2024 the fund took in a net $47.1M, and assets reached $185.20M.
GCGUX Growth of $100
What $100 invested in Goldman Sachs Concentrated Growth Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Large Growth category average over the same months.
| Period | GCGUX | Category average |
|---|---|---|
| 1 year (Mar 2023 – Feb 2024) | $146 | $140 |
| 3 years (Mar 2021 – Feb 2024) | $130 | $126 |
| Since data start (Sep 2019 – Feb 2024) | $196 | $186 |
GCGUX Trailing Returns
Total returns to Feb 2024, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +45.80% |
| 3 years (annualised) | +9.17% |
GCGUX Annual Returns
Calendar-year total returns of Goldman Sachs Concentrated Growth Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2024 (Jan–Feb) | +8.82% |
| 2023 | +41.78% |
| 2022 | −31.17% |
| 2021 | +23.10% |
| 2020 | +34.97% |
| 2019 (Sep–Dec) | +11.24% |
GCGUX 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | +2.0% | +6.7% | — | — | — | — | — | — | — | — | — | — |
| 2023 | +7.5% | −1.6% | +8.0% | +2.2% | +4.5% | +6.1% | +2.8% | −0.8% | −6.0% | −2.8% | +11.6% | +5.1% |
| 2022 | −10.6% | −4.3% | +3.1% | −13.0% | −5.3% | −6.4% | +11.8% | −4.2% | −10.5% | +6.2% | +6.6% | −6.7% |
| 2021 | −1.2% | +1.7% | +0.1% | +6.3% | −0.5% | +6.9% | +3.4% | +3.5% | −5.6% | +7.1% | −1.7% | +1.7% |
| 2020 | +1.4% | −6.0% | −10.4% | +15.0% | +8.0% | +4.1% | +5.8% | +9.5% | −4.6% | −3.2% | +10.1% | +3.9% |
| 2019 | — | — | — | — | — | — | — | — | +0.7% | +2.4% | +4.3% | +3.5% |
GCGUX Risk
Risk measures from monthly returns over Mar 2021 – Feb 2024.
- 3-year volatility (annualised): 21.82%
- 3-year Sharpe ratio: 0.21 (vs 4.5% risk-free rate)
- Best month: +11.81% (Jul 2022)
- Worst month: −12.96% (Apr 2022)
GCGUX Fund Flows
Monthly money in and out of Goldman Sachs Concentrated Growth Fund, from SEC Form N-PORT.
- 12-month net flow: $47.1M
- 12-month gross sales (incl. reinvestments): $25.1M
- Sales ÷ redemptions: -1.14×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Feb 2024 | $4.5M | −$955K | $5.4M |
| Jan 2024 | $3.5M | −$983K | $4.5M |
| Dec 2023 | $1.3M | −$1.0M | $2.3M |
| Nov 2023 | $638K | −$6.1M | $6.7M |
| Oct 2023 | $120K | −$2.2M | $2.3M |
| Sep 2023 | $140K | −$1.8M | $2.0M |
| Aug 2023 | $473K | −$1.1M | $1.6M |
| Jul 2023 | $7.4M | −$808K | $8.2M |
| Jun 2023 | $1.1M | −$1.8M | $2.9M |
| May 2023 | $1.1M | −$804K | $1.9M |
| Apr 2023 | $4.6M | −$2.0M | $6.7M |
| Mar 2023 | $270K | −$2.4M | $2.7M |
GCGUX Assets Under Management
Net assets of Goldman Sachs Concentrated Growth Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2024-02-29 | $185.20M |
| 2023-11-30 | $156.83M |
| 2023-08-31 | $163.16M |
| 2023-05-31 | $145.78M |
| 2023-02-28 | $125.68M |
| 2022-11-30 | $139.58M |
| 2022-08-31 | $146.37M |
| 2022-05-31 | $149.52M |
| 2022-02-28 | $180.88M |
| 2021-11-30 | $218.19M |
| 2021-08-31 | $221.45M |
| 2021-05-28 | $192.96M |
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.