GRGVX Fees and Costs — Goldman Sachs U.S. Equity ESG Fund, Class R
Data updated: 2025-04-23
The net expense ratio is 1.29%: a 0.55% management fee, a 0.50% 12b-1 fee plus 1.30% other expenses, less a 1.06% fee waiver. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $5K in broker commissions, 0.0212% of average net assets, and portfolio turnover was 47%.
GRGVX Fees and Expenses
Annual operating expenses and sales charges of GRGVX. Prospectus, as of December 31, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.55% |
| 12b-1 fee | 0.50% |
| Other expenses | 1.30% |
| Gross expense ratio | 2.35% |
| Fee waiver | −1.06% |
| Net expense ratio | 1.29% |
| 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 |
GRGVX Costs Over Time
On $10,000 invested in GRGVX, assuming 5% a year before costs, total costs come to $815 over 5 years, cutting the return by 1.38% 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 1.29%) | $135 | $421 | $728 |
| Trading costs (broker commissions) | $2 | $7 | $12 |
| Lost growth on money paid in costs | $0 | $21 | $75 |
| Total costs | $138 | $449 | $815 |
| Value after costs | $10,362 | $11,127 | $11,948 |
| Impact on return, per year | 1.38% | 1.38% | 1.38% |
GRGVX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.0212%
- Total broker commissions: $5K
- Bought from dealers (principal trades, not a cost): $81K
- Portfolio turnover (prospectus): 47%
- Securities on loan, average value: $20K
- Net income from securities lending: $236 (0.001% of average net assets)
GRGVX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| NATIONAL FINANCIAL SERVICES LLC | $2K | 38.03% |
| JEFFERIES LLC | $469 | 9.58% |
| GOLDMAN SACHS & CO. LLC | $429 | 8.75% |
| Robert W. Baird & Co. Incorporated | $428 | 8.75% |
| J.P. MORGAN SECURITIES LLC | $399 | 8.15% |
| BOFA SECURITIES, INC. | $339 | 6.92% |
| CITIGROUP GLOBAL MARKETS INC. | $319 | 6.53% |
| WELLS FARGO SECURITIES, LLC | $271 | 5.54% |
| Cowen and Company, LLC | $226 | 4.62% |
| SANFORD C. BERNSTEIN & CO., LLC | $153 | 3.13% |
GRGVX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BARCLAYS CAPITAL, INC. | $81K | 100.00% |
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.