GDEAX Performance — Goldman Sachs Defensive Equity Fund, Class A
Data updated: 2023-03-14
GDEAX returned −13.08% over one year to Oct 2022. Over one year the fund trailed its Commodities category average: $100 grew to $87, against $96 for the category. Volatility over the past 12 months was 11.47% a year. In the 12 months to Dec 2022 the fund lost a net $422K, and assets reached $5.61M.
GDEAX Growth of $100
What $100 invested in Goldman Sachs Defensive Equity Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Commodities category average over the same months.
| Period | GDEAX | Category average |
|---|---|---|
| 1 year (Nov 2021 – Oct 2022) | $87 | $96 |
| Since data start (Oct 2020 – Oct 2022) | $100 | $117 |
GDEAX Trailing Returns
Total returns to Oct 2022, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | −13.08% |
3- and 5-year figures withheld: not verified.
GDEAX Annual Returns
Calendar-year total returns of Goldman Sachs Defensive Equity Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2022 (Jan–Oct) | −13.83% |
| 2021 | +14.22% |
| 2020 (Oct–Dec) | +1.70% |
GDEAX 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | −4.3% | −3.1% | +1.7% | −5.9% | −1.3% | −1.7% | +3.5% | −3.0% | −4.0% | +3.9% | — | — |
| 2021 | −0.7% | −0.3% | +3.0% | +3.1% | +0.2% | +2.1% | +3.2% | +1.8% | −2.9% | +3.3% | −1.9% | +2.8% |
| 2020 | — | — | — | — | — | — | — | — | — | −3.6% | +2.8% | +2.6% |
GDEAX Risk
Risk measures from monthly returns over Nov 2021 – Oct 2022.
- 1-year volatility (annualised): 11.47%
- Best month: +3.94% (Oct 2022)
- Worst month: −5.94% (Apr 2022)
GDEAX Fund Flows
Monthly money in and out of Goldman Sachs Defensive Equity Fund, from SEC Form N-PORT.
- 12-month net flow: −$422K
- 12-month gross sales (incl. reinvestments): $485K
- Sales ÷ redemptions: 0.53×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Dec 2022 | $47K | $47 | $47K |
| Nov 2022 | $0 | $0 | $0 |
| Oct 2022 | $0 | $200K | −$200K |
| Sep 2022 | $9K | $9K | −$79 |
| Aug 2022 | $19K | $0 | $19K |
| Jul 2022 | $0 | $0 | $0 |
| Jun 2022 | $7K | $86K | −$78K |
| May 2022 | $0 | $0 | $0 |
| Apr 2022 | $7 | $0 | $7 |
| Mar 2022 | $0 | $94K | −$94K |
| Feb 2022 | $242K | $0 | $242K |
| Jan 2022 | $161K | $518K | −$357K |
GDEAX Assets Under Management
Net assets of Goldman Sachs Defensive Equity Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2022-12-31 | $5.61M |
| 2022-09-30 | $5.49M |
| 2022-06-30 | $5.68M |
| 2022-03-31 | $6.31M |
| 2021-12-31 | $6.93M |
| 2021-09-30 | $6.36M |
| 2021-06-30 | $6.05M |
| 2021-03-31 | $5.69M |
| 2020-12-31 | $5.54M |
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.