GSBPX Performance — Goldman Sachs U.S. Mortgages Fund, Class P
Data updated: 2026-08-26
GSBPX returned +0.95% year to date and +4.90% over one year to Jun 2026. Annualised returns are +4.66% over 3 years and +0.30% over 5 years. Against its Intermediate Securitized Bond category average the fund came out behind over three years but ahead over one: $100 invested three years ago grew to $115, against $116 for the category, and to $105 over one year, against $105. Volatility over the past three years was 6.30% a year. In the 12 months to Jun 2026 the fund took in a net $118.9M, and assets reached $286.87M.
GSBPX Growth of $100
What $100 invested in Goldman Sachs U.S. Mortgages Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Intermediate Securitized Bond category average over the same months.
| Period | GSBPX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $105 | $105 |
| 3 years (Jul 2023 – Jun 2026) | $115 | $116 |
| 5 years (Jul 2021 – Jun 2026) | $102 | $105 |
| Since data start (Jul 2019 – Jun 2026) | $109 | $113 |
GSBPX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +0.95% |
| 1 year | +4.90% |
| 3 years (annualised) | +4.66% |
| 5 years (annualised) | +0.30% |
GSBPX Annual Returns
Calendar-year total returns of Goldman Sachs U.S. Mortgages Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +0.95% |
| 2025 | +8.31% |
| 2024 | +1.42% |
| 2023 | +5.19% |
| 2022 | −12.51% |
| 2021 | −1.45% |
| 2020 | +5.77% |
| 2019 (Jul–Dec) | +2.10% |
GSBPX 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 | +0.5% | +1.5% | −1.8% | +0.3% | +0.2% | +0.2% | — | — | — | — | — | — |
| 2025 | +0.6% | +2.4% | 0.0% | +0.3% | −0.9% | +1.8% | −0.3% | +1.7% | +1.0% | +0.8% | +0.7% | +0.1% |
| 2024 | −0.2% | −1.7% | +1.1% | −2.8% | +2.0% | +1.1% | +2.5% | +1.6% | +1.2% | −2.7% | +1.2% | −1.6% |
| 2023 | +3.4% | −2.7% | +2.0% | +0.5% | −0.8% | −0.6% | +0.1% | −0.8% | −3.0% | −2.3% | +5.3% | +4.2% |
| 2022 | −1.4% | −0.9% | −2.7% | −3.5% | +0.8% | −1.9% | +3.2% | −3.3% | −5.4% | −1.5% | +4.3% | −0.6% |
| 2021 | +0.1% | −0.7% | −0.6% | +0.6% | −0.2% | −0.1% | +0.6% | −0.1% | −0.4% | −0.5% | 0.0% | −0.2% |
| 2020 | +0.9% | +1.0% | −0.4% | +1.5% | +0.5% | +0.3% | +0.5% | +0.3% | 0.0% | +0.1% | +0.5% | +0.3% |
| 2019 | — | — | — | — | — | — | +0.4% | +1.0% | +0.1% | +0.3% | 0.0% | +0.4% |
GSBPX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 6.30%
- 3-year Sharpe ratio: 0.02 (vs 4.5% risk-free rate)
- Best month: +5.30% (Nov 2023)
- Worst month: −2.98% (Sep 2023)
GSBPX Fund Flows
Monthly money in and out of Goldman Sachs U.S. Mortgages Fund, from SEC Form N-PORT.
- 12-month net flow: $118.9M
- 12-month gross sales (incl. reinvestments): $179.0M
- Sales ÷ redemptions: 2.98×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $5.8M | $7.6M | −$1.8M |
| May 2026 | $5.6M | $4.4M | $1.2M |
| Apr 2026 | $5.3M | $10.5M | −$5.2M |
| Mar 2026 | $9.4M | $10.4M | −$953K |
| Feb 2026 | $125.6M | $4.6M | $121.0M |
| Jan 2026 | $5.9M | $7.5M | −$1.6M |
| Dec 2025 | $5.5M | $1.4M | $4.0M |
| Nov 2025 | $5.3M | $2.3M | $3.0M |
| Oct 2025 | $3.7M | $1.7M | $2.0M |
| Sep 2025 | $1.8M | $1.4M | $390K |
| Aug 2025 | $1.9M | $1.6M | $389K |
| Jul 2025 | $3.3M | $6.8M | −$3.5M |
GSBPX Assets Under Management
Net assets of Goldman Sachs U.S. Mortgages Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $286.87M |
| 2026-03-31 | $293.53M |
| 2025-12-31 | $178.90M |
| 2025-09-30 | $169.14M |
| 2025-06-30 | $169.59M |
| 2025-03-31 | $173.62M |
| 2024-12-31 | $175.15M |
| 2024-09-30 | $188.45M |
| 2024-06-30 | $182.89M |
| 2024-03-31 | $190.82M |
| 2023-12-31 | $192.63M |
| 2023-09-30 | $204.50M |
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.