GILLX Fees and Costs — Goldman Sachs Enhanced U.S. Equity Fund, Institutional Shares
Data updated: 2025-11-13
The net expense ratio is 0.57%: a 0.55% management fee plus 0.34% other expenses, less a 0.32% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $133K in broker commissions, 0.0316% of average net assets, and portfolio turnover was 79%.
GILLX Fees and Expenses
Annual operating expenses and sales charges of GILLX. Prospectus, as of December 31, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.55% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.34% |
| Gross expense ratio | 0.89% |
| Fee waiver | −0.32% |
| Net expense ratio | 0.57% |
| 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 |
GILLX Costs Over Time
On $10,000 invested in GILLX, assuming 5% a year before costs, total costs come to $379 over 5 years, cutting the return by 0.63% 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 0.57%) | $60 | $188 | $327 |
| Trading costs (broker commissions) | $3 | $10 | $18 |
| Lost growth on money paid in costs | $0 | $10 | $35 |
| Total costs | $63 | $208 | $379 |
| Value after costs | $10,437 | $11,369 | $12,384 |
| Impact on return, per year | 0.63% | 0.63% | 0.63% |
GILLX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0316%
- Total broker commissions: $133K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 79%
- Securities lending: none during the year
GILLX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. MORGAN SECURITIES LLC | $26K | 23.01% |
| CITIGROUP GLOBAL MARKETS INC. | $17K | 15.41% |
| MORGAN STANLEY & CO. LLC | $17K | 14.96% |
| BOFA SECURITIES, INC. | $14K | 12.92% |
| JEFFERIES LLC | $13K | 11.68% |
| NATIONAL FINANCIAL SERVICES LLC | $7K | 6.34% |
| BMO CAPITAL MARKETS CORP. | $7K | 5.93% |
| Stephens, Inc. | $4K | 3.73% |
| UBS Securities LLC | $3K | 3.11% |
| KEYBANC CAPITAL MARKETS, INC. | $3K | 2.92% |
Goldman Sachs Enhanced U.S. Equity Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| GFCUX | Class R6 | 0.56% | none |
| GGZPX | Class P | 0.56% | — |
| GILLX | Institutional Shares | 0.57% | none |
| GSLLX | Investor Shares | 0.68% | none |
| GALLX | Class A | 0.93% | 5.50% |
| GRLLX | Class R | 1.18% | none |
| GCLLX | Class C | 1.68% | 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.