GRASX Performance — Goldman Sachs Multi-Manager Real Assets Strategy Fund, Class R6
Data updated: 2026-09-22
GRASX returned +12.42% year to date and +16.56% over one year to Jul 2026. Annualised returns are +11.25% over 3 years and +4.25% over 5 years. The fund trailed its Alternative category average: $100 invested three years ago grew to $138, against $173 for the category, and to $117 over one year, against $125. Volatility over the past three years was 14.08% a year. In the 12 months to Jul 2026 the fund took in a net $317.6M, and assets reached $1.52B.
GRASX Growth of $100
What $100 invested in Goldman Sachs Multi-Manager Real Assets Strategy Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Alternative category average over the same months.
| Period | GRASX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $117 | $125 |
| 3 years (Aug 2023 – Jul 2026) | $138 | $173 |
| 5 years (Aug 2021 – Jul 2026) | $123 | $152 |
| Since data start (Aug 2019 – Jul 2026) | $148 | $186 |
GRASX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +12.42% |
| 1 year | +16.56% |
| 3 years (annualised) | +11.25% |
| 5 years (annualised) | +4.25% |
GRASX Annual Returns
Calendar-year total returns of Goldman Sachs Multi-Manager Real Assets Strategy Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +12.42% |
| 2025 | +11.02% |
| 2024 | +6.55% |
| 2023 | +8.22% |
| 2022 | −19.03% |
| 2021 | +24.34% |
| 2020 | −4.22% |
| 2019 (Aug–Dec) | +6.38% |
GRASX 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +4.0% | +8.6% | −6.0% | +5.9% | −2.3% | +0.9% | +1.3% | — | — | — | — | — |
| 2025 | +0.6% | +2.9% | +0.6% | +2.0% | +1.4% | +1.2% | −1.7% | +2.8% | +1.6% | −1.9% | +2.8% | −1.5% |
| 2024 | −3.9% | +0.9% | +3.2% | −4.7% | +4.7% | −0.8% | +6.3% | +5.4% | +2.9% | −3.1% | +3.4% | −6.9% |
| 2023 | +7.3% | −4.7% | −0.2% | +2.8% | −5.4% | +3.1% | +2.2% | −3.8% | −5.5% | −2.3% | +9.9% | +6.0% |
| 2022 | −4.5% | −1.9% | +5.3% | −4.7% | −2.0% | −8.0% | +7.3% | −5.7% | −12.2% | +2.8% | +8.3% | −3.4% |
| 2021 | −1.5% | +2.2% | +4.7% | +5.3% | +2.3% | +1.0% | +2.7% | +1.3% | −4.5% | +5.5% | −3.1% | +6.9% |
| 2020 | +1.5% | −7.0% | −16.9% | +6.8% | +3.2% | +0.4% | +3.2% | +1.0% | −2.8% | −2.3% | +9.2% | +2.1% |
| 2019 | — | — | — | — | — | — | — | +2.0% | +1.5% | +1.3% | −0.9% | +2.3% |
GRASX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 14.08%
- 3-year Sharpe ratio: 0.48 (vs 4.5% risk-free rate)
- Best month: +9.87% (Nov 2023)
- Worst month: −6.90% (Dec 2024)
GRASX Fund Flows
Monthly money in and out of Goldman Sachs Multi-Manager Real Assets Strategy Fund, from SEC Form N-PORT.
- 12-month net flow: $317.6M
- 12-month gross sales (incl. reinvestments): $610.3M
- Sales ÷ redemptions: 2.09×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $26.9M | $3.3M | $23.6M |
| Jun 2026 | $76.2M | $19.7M | $56.6M |
| May 2026 | $908K | $12.6M | −$11.7M |
| Apr 2026 | $15.8M | $36.1M | −$20.3M |
| Mar 2026 | $20K | $82.5M | −$82.4M |
| Feb 2026 | $57.5M | $57.5M | $0 |
| Jan 2026 | $7.8M | $2.8M | $5.0M |
| Dec 2025 | $92.4M | $3.0M | $89.4M |
| Nov 2025 | $79.9M | $30.9M | $49.0M |
| Oct 2025 | $127.5M | $4.8M | $122.6M |
| Sep 2025 | $800K | $20.0M | −$19.2M |
| Aug 2025 | $124.4M | $19.4M | $105.0M |
GRASX Assets Under Management
Net assets of Goldman Sachs Multi-Manager Real Assets Strategy Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $1.52B |
| 2026-04-30 | $1.45B |
| 2026-01-31 | $1.44B |
| 2025-10-31 | $1.28B |
| 2025-07-31 | $1.05B |
| 2025-04-30 | $836.60M |
| 2025-01-31 | $796.44M |
| 2024-10-31 | $931.64M |
| 2024-07-31 | $966.75M |
| 2024-04-30 | $794.42M |
| 2024-01-31 | $676.85M |
| 2023-10-31 | $554.14M |
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.