GSMCX Performance — Goldman Sachs Mid Cap Value Fund, Institutional Class
Data updated: 2026-07-24
GSMCX returned +11.70% year to date and +23.75% over one year to May 2026. Annualised returns are +16.75% over 3 years and +8.93% over 5 years. The fund beat its US Mid-Cap Value category average: $100 invested three years ago grew to $159, against $154 for the category, and to $124 over one year, against $121. Volatility over the past three years was 15.47% a year. In the 12 months to May 2026 the fund lost a net $15.8M, and assets reached $1.13B.
GSMCX Growth of $100
What $100 invested in Goldman Sachs Mid Cap Value Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Mid-Cap Value category average over the same months.
| Period | GSMCX | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $124 | $121 |
| 3 years (Jun 2023 – May 2026) | $159 | $154 |
| 5 years (Jun 2021 – May 2026) | $153 | $148 |
| Since data start (Sep 2019 – May 2026) | $214 | $211 |
GSMCX Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +11.70% |
| 1 year | +23.75% |
| 3 years (annualised) | +16.75% |
| 5 years (annualised) | +8.93% |
GSMCX Annual Returns
Calendar-year total returns of Goldman Sachs Mid Cap Value Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +11.70% |
| 2025 | +9.66% |
| 2024 | +12.20% |
| 2023 | +11.85% |
| 2022 | −10.32% |
| 2021 | +30.89% |
| 2020 | +8.78% |
| 2019 (Sep–Dec) | +9.17% |
GSMCX 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 | +3.9% | +4.7% | −6.2% | +8.0% | +1.4% | — | — | — | — | — | — | — |
| 2025 | +3.3% | −2.3% | −4.4% | −2.1% | +4.9% | +3.3% | +2.5% | +2.2% | +1.0% | −1.5% | +2.7% | +0.2% |
| 2024 | −0.5% | +4.1% | +4.8% | −5.8% | +3.3% | −1.5% | +4.3% | +1.5% | +2.7% | +0.2% | +7.0% | −7.4% |
| 2023 | +6.8% | −3.0% | −3.4% | +0.6% | −4.1% | +9.2% | +3.9% | −4.6% | −5.5% | −3.9% | +9.7% | +7.3% |
| 2022 | −4.6% | −0.3% | +1.8% | −6.8% | +1.4% | −8.8% | +9.4% | −2.5% | −8.6% | +9.2% | +6.0% | −4.8% |
| 2021 | −0.5% | +6.9% | +4.1% | +4.6% | +1.6% | −0.5% | +0.9% | +2.8% | −2.6% | +5.6% | −2.0% | +6.9% |
| 2020 | −1.4% | −10.4% | −20.6% | +12.5% | +5.2% | +0.9% | +4.9% | +4.2% | −1.9% | +1.7% | +13.3% | +5.0% |
| 2019 | — | — | — | — | — | — | — | — | +3.2% | +0.1% | +2.6% | +3.0% |
GSMCX Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 15.47%
- 3-year Sharpe ratio: 0.79 (vs 4.5% risk-free rate)
- Best month: +9.73% (Nov 2023)
- Worst month: −7.38% (Dec 2024)
GSMCX Fund Flows
Monthly money in and out of Goldman Sachs Mid Cap Value Fund, from SEC Form N-PORT.
- 12-month net flow: −$15.8M
- 12-month gross sales (incl. reinvestments): $238.6M
- Sales ÷ redemptions: 0.94×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $7.6M | $15.3M | −$7.8M |
| Apr 2026 | $8.8M | $17.7M | −$8.9M |
| Mar 2026 | $7.4M | $18.2M | −$10.7M |
| Feb 2026 | $9.0M | $15.8M | −$6.8M |
| Jan 2026 | $11.6M | $19.8M | −$8.3M |
| Dec 2025 | $152.0M | $37.6M | $114.4M |
| Nov 2025 | $5.5M | $43.3M | −$37.8M |
| Oct 2025 | $9.0M | $15.6M | −$6.7M |
| Sep 2025 | $8.4M | $15.5M | −$7.1M |
| Aug 2025 | $6.5M | $20.2M | −$13.6M |
| Jul 2025 | $6.3M | $14.2M | −$7.8M |
| Jun 2025 | $6.5M | $21.3M | −$14.7M |
GSMCX Assets Under Management
Net assets of Goldman Sachs Mid Cap Value Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $1.13B |
| 2026-02-28 | $1.13B |
| 2025-11-30 | $1.08B |
| 2025-08-31 | $1.11B |
| 2025-05-31 | $1.06B |
| 2025-02-28 | $1.11B |
| 2024-11-30 | $1.23B |
| 2024-08-31 | $1.22B |
| 2024-05-31 | $1.19B |
| 2024-02-29 | $1.21B |
| 2023-11-30 | $1.09B |
| 2023-08-31 | $1.15B |
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.