GGCRX Performance — Goldman Sachs Concentrated Growth Fund, Class R
Data updated: 2024-04-26
GGCRX returned +30.45% over one year to Jun 2023. The annualised 3-year return is +9.72%. The fund beat its US Large Growth category average: $100 invested three years ago grew to $132, against $131 for the category, and to $130 over one year, against $123. Volatility over the past three years was 21.86% a year. In the 12 months to Feb 2024 the fund took in a net $47.1M, and assets reached $185.20M.
GGCRX 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 | GGCRX | Category average |
|---|---|---|
| 1 year (Jul 2022 – Jun 2023) | $130 | $123 |
| 3 years (Jul 2020 – Jun 2023) | $132 | $131 |
| Since data start (Sep 2019 – Jun 2023) | $161 | $155 |
GGCRX Trailing Returns
Total returns to Jun 2023, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +30.45% |
| 3 years (annualised) | +9.72% |
GGCRX 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 |
|---|---|
| 2023 (Jan–Jun) | +29.23% |
| 2022 | −31.53% |
| 2021 | +22.37% |
| 2020 | +34.16% |
| 2019 (Sep–Dec) | +10.99% |
GGCRX 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | +7.4% | −1.6% | +8.0% | +2.1% | +4.5% | +6.0% | — | — | — | — | — | — |
| 2022 | −10.7% | −4.3% | +3.0% | −13.0% | −5.3% | −6.5% | +11.8% | −4.2% | −10.6% | +6.1% | +6.5% | −6.7% |
| 2021 | −1.3% | +1.6% | +0.1% | +6.2% | −0.5% | +6.9% | +3.4% | +3.4% | −5.6% | +7.1% | −1.7% | +1.6% |
| 2020 | +1.3% | −6.1% | −10.5% | +15.0% | +7.9% | +4.0% | +5.8% | +9.4% | −4.7% | −3.2% | +10.0% | +3.8% |
| 2019 | — | — | — | — | — | — | — | — | +0.7% | +2.3% | +4.2% | +3.4% |
GGCRX Risk
Risk measures from monthly returns over Jul 2020 – Jun 2023.
- 3-year volatility (annualised): 21.86%
- 3-year Sharpe ratio: 0.24 (vs 4.5% risk-free rate)
- Best month: +11.79% (Jul 2022)
- Worst month: −12.99% (Apr 2022)
GGCRX 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 |
GGCRX 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.