GSNTX Fees and Costs — Goldman Sachs Bond Fund, Investor Shares
Data updated: 2026-08-26
The net expense ratio is 0.55%: a 0.41% management fee plus 0.39% other expenses, less a 0.25% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $62K in broker commissions, 0.0176% of average net assets, and portfolio turnover was 978%.
GSNTX Fees and Expenses
Annual operating expenses and sales charges of GSNTX. Prospectus, as of March 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.41% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.39% |
| Gross expense ratio | 0.80% |
| Fee waiver | −0.25% |
| Net expense ratio | 0.55% |
| 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 |
GSNTX Costs Over Time
On $10,000 invested in GSNTX, assuming 5% a year before costs, total costs come to $358 over 5 years, cutting the return by 0.60% 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 0.55%) | $58 | $181 | $315 |
| Trading costs (broker commissions) | $2 | $6 | $10 |
| Lost growth on money paid in costs | $0 | $9 | $33 |
| Total costs | $60 | $196 | $358 |
| Value after costs | $10,440 | $11,380 | $12,405 |
| Impact on return, per year | 0.60% | 0.60% | 0.60% |
GSNTX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending March 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0176%
- Total broker commissions: $62K
- Bought from dealers (principal trades, not a cost): $16.8B
- Portfolio turnover (prospectus): 978%
- Securities lending: none during the year
GSNTX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Citigroup Global Markets Inc. | $40K | 64.38% |
| J.P. Morgan Securities PLC | $8K | 13.65% |
| Morgan Stanley & Co. LLC | $6K | 9.54% |
| Barclays Capital Inc. | $3K | 5.24% |
| BofA Securities, Inc. | $2K | 2.83% |
| Barclays Bank PLC | $2K | 2.54% |
| Deutsche Bank Aktiengesellschaft | $526 | 0.84% |
| Merrill Lynch International | $427 | 0.69% |
| Wells Fargo Securities, LLC | $102 | 0.16% |
| RBC Europe Limited | $77 | 0.12% |
GSNTX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley & Co. International PLC | $2.4B | 19.10% |
| JPMorgan Chase Bank, National Association | $1.5B | 11.55% |
| BNP Paribas | $1.4B | 10.86% |
| Barclays Bank PLC | $1.2B | 9.37% |
| Morgan Stanley & Co. LLC | $1.2B | 9.14% |
| J.P. Morgan Securities LLC | $1.1B | 8.99% |
| BofA Securities, Inc. | $1.1B | 8.43% |
| Merrill Lynch International | $1.1B | 8.36% |
| Deutsche Bank Aktiengesellschaft | $982.4M | 7.71% |
| Barclays Capital Inc. | $831.0M | 6.52% |
Goldman Sachs Bond Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| GMVPX | Class P | 0.46% | — |
| GSFUX | Class R6 | 0.46% | none |
| GSNIX | Institutional Shares | 0.47% | none |
| GSNSX | Service Shares | 0.47% | none |
| GSFAX | Class A | 0.55% | 3.75% |
| GSFCX | Class C | 0.55% | none |
| GSNRX | Class R | 0.55% | none |
| GSNTX | Investor Shares | 0.55% | none |
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.