GSGCX Performance — Goldman Sachs Equity Income Fund, Class C

Data updated: 2026-07-24

GSGCX returned +11.02% year to date and +21.86% over one year to May 2026. Annualised returns are +16.87% over 3 years and +9.48% over 5 years. The fund trailed its US Large Blend category average: $100 invested three years ago grew to $160, against $165 for the category, and to $122 over one year, against $122. Volatility over the past three years was 10.87% a year. In the 12 months to May 2026 the fund took in a net $1.1M, and assets reached $444.84M.

GSGCX Growth of $100

What $100 invested in Goldman Sachs Equity Income Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Large Blend category average over the same months.

PeriodGSGCXCategory average
1 year (Jun 2025 – May 2026)$122$122
3 years (Jun 2023 – May 2026)$160$165
5 years (Jun 2021 – May 2026)$157$164
Since data start (Sep 2019 – May 2026)$195$229

GSGCX Trailing Returns

Total returns to May 2026, from SEC N-PORT.

PeriodTotal return
YTD+11.02%
1 year+21.86%
3 years (annualised)+16.87%
5 years (annualised)+9.48%

GSGCX Annual Returns

Calendar-year total returns of Goldman Sachs Equity Income Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.

YearTotal return
2026 (Jan–May)+11.02%
2025+11.85%
2024+14.95%
2023+7.35%
2022−5.13%
2021+20.92%
2020+2.69%
2019 (Sep–Dec)+8.13%

GSGCX Monthly Returns

Monthly total returns as reported on SEC Form N-PORT.

YearJanFebMarAprMayJunJulAugSepOctNovDec
2026+3.4%+3.4%−3.4%+5.1%+2.3%———————
2025+4.7%+0.6%−3.5%−3.0%+3.4%+3.2%+0.6%+2.7%+1.4%−1.1%+2.6%0.0%
2024+0.8%+2.5%+4.6%−3.2%+2.1%−0.2%+3.8%+3.6%+1.7%−0.9%+5.5%−5.8%
2023+3.2%−4.2%−0.6%+1.5%−3.7%+5.7%+2.6%−2.3%−3.4%−1.8%+6.8%+4.3%
2022−2.3%−1.7%+3.2%−4.7%+1.9%−7.7%+5.4%−2.7%−7.2%+10.4%+6.0%−4.2%
2021−1.7%+3.3%+5.2%+3.2%+1.4%−0.7%+2.4%+1.6%−4.0%+5.1%−3.3%+7.4%
2020−2.1%−9.5%−12.9%+9.2%+3.3%−0.2%+4.0%+4.7%−2.8%−3.0%+11.9%+2.9%
2019————————+2.5%+0.4%+2.4%+2.6%

GSGCX Risk

Risk measures from monthly returns over Jun 2023 – May 2026.

  • 3-year volatility (annualised): 10.87%
  • 3-year Sharpe ratio: 1.14 (vs 4.5% risk-free rate)
  • Best month: +6.77% (Nov 2023)
  • Worst month: −5.78% (Dec 2024)

GSGCX Fund Flows

Monthly money in and out of Goldman Sachs Equity Income Fund, from SEC Form N-PORT.

  • 12-month net flow: $1.1M
  • 12-month gross sales (incl. reinvestments): $56.7M
  • Sales ÷ redemptions: 1.02×
MonthSalesRedemptionsNet flow
May 2026$683K$5.0M−$4.3M
Apr 2026$2.2M$5.2M−$3.0M
Mar 2026$2.7M$3.5M−$825K
Feb 2026$1.9M$6.4M−$4.5M
Jan 2026$3.9M$6.2M−$2.4M
Dec 2025$36.2M$9.7M$26.5M
Nov 2025$949K$3.2M−$2.3M
Oct 2025$1.1M$3.0M−$1.8M
Sep 2025$2.6M$3.9M−$1.3M
Aug 2025$1.1M$3.2M−$2.1M
Jul 2025$887K$3.4M−$2.5M
Jun 2025$2.5M$2.9M−$417K

GSGCX Assets Under Management

Net assets of Goldman Sachs Equity Income Fund by report date, from SEC N-PORT filings.

Report dateNet assets
2026-05-31$444.84M
2026-02-28$436.93M
2025-11-30$422.63M
2025-08-31$416.78M
2025-05-31$396.15M
2025-02-28$417.20M
2024-11-30$434.64M
2024-08-31$405.57M
2024-05-31$380.61M
2024-02-29$376.11M
2023-11-30$386.43M
2023-08-31$403.04M

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.