GRMMX Performance — Goldman Sachs Multi-Strategy Alternatives Fund, Class R
Data updated: 2026-09-22
GRMMX returned −5.00% over one year to Apr 2024. The annualised 3-year return is −2.08%. The fund trailed its Market Neutral category average: $100 invested three years ago grew to $94, against $114 for the category, and to $95 over one year, against $111. Volatility over the past three years was 4.30% a year. In the 12 months to Jul 2026 the fund lost a net $2.4M, and assets reached $56.55M.
GRMMX Growth of $100
What $100 invested in Goldman Sachs Multi-Strategy Alternatives Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Market Neutral category average over the same months.
| Period | GRMMX | Category average |
|---|---|---|
| 1 year (May 2023 – Apr 2024) | $95 | $111 |
| 3 years (May 2021 – Apr 2024) | $94 | $114 |
| Since data start (Aug 2019 – Apr 2024) | $102 | $133 |
GRMMX Trailing Returns
Total returns to Apr 2024, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | −5.00% |
| 3 years (annualised) | −2.08% |
GRMMX Annual Returns
Calendar-year total returns of Goldman Sachs Multi-Strategy Alternatives Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2024 (Jan–Apr) | −6.77% |
| 2023 | +2.27% |
| 2022 | −5.17% |
| 2021 | +5.55% |
| 2020 | +5.98% |
| 2019 (Aug–Dec) | +0.54% |
GRMMX 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | −1.6% | −1.9% | −0.9% | −2.6% | — | — | — | — | — | — | — | — |
| 2023 | +0.4% | −0.4% | −0.5% | +0.8% | −1.2% | +0.4% | −1.3% | +0.2% | +0.1% | +0.1% | +2.9% | +0.7% |
| 2022 | −2.1% | −1.5% | +0.6% | −0.7% | −0.4% | −0.8% | −0.5% | +0.2% | −0.2% | +0.3% | −0.5% | +0.5% |
| 2021 | −1.5% | +1.1% | −0.4% | +2.5% | +0.8% | +0.7% | +1.0% | +1.8% | −2.3% | +2.4% | −1.3% | +0.8% |
| 2020 | +0.4% | +0.6% | −5.7% | +3.1% | +1.3% | +1.5% | +1.3% | +0.6% | −0.5% | −1.0% | +3.2% | +1.4% |
| 2019 | — | — | — | — | — | — | — | +0.5% | −0.8% | +0.1% | +0.6% | +0.1% |
GRMMX Risk
Risk measures from monthly returns over May 2021 – Apr 2024.
- 3-year volatility (annualised): 4.30%
- 3-year Sharpe ratio: -1.53 (vs 4.5% risk-free rate)
- Best month: +2.94% (Nov 2023)
- Worst month: −2.58% (Apr 2024)
GRMMX Fund Flows
Monthly money in and out of Goldman Sachs Multi-Strategy Alternatives Fund, from SEC Form N-PORT.
- 12-month net flow: −$2.4M
- 12-month gross sales (incl. reinvestments): $6.2M
- Sales ÷ redemptions: 0.72×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $139K | $697K | −$558K |
| Jun 2026 | $64K | $636K | −$572K |
| May 2026 | $288K | $215K | $73K |
| Apr 2026 | $68K | $251K | −$183K |
| Mar 2026 | $90K | $707K | −$617K |
| Feb 2026 | $179K | $945K | −$766K |
| Jan 2026 | $181K | $475K | −$294K |
| Dec 2025 | $4.5M | $2.0M | $2.5M |
| Nov 2025 | $244K | $663K | −$419K |
| Oct 2025 | $232K | $732K | −$500K |
| Sep 2025 | $8K | $661K | −$653K |
| Aug 2025 | $147K | $580K | −$433K |
GRMMX Assets Under Management
Net assets of Goldman Sachs Multi-Strategy Alternatives Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $56.55M |
| 2026-04-30 | $56.75M |
| 2026-01-31 | $56.92M |
| 2025-10-31 | $57.61M |
| 2025-07-31 | $55.83M |
| 2025-04-30 | $57.23M |
| 2025-01-31 | $57.56M |
| 2024-10-31 | $64.70M |
| 2024-07-31 | $66.96M |
| 2024-04-30 | $82.76M |
| 2024-01-31 | $96.87M |
| 2023-10-31 | $100.74M |
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.