GSRIX Fees and Costs — Goldman Sachs Rising Dividend Growth Fund, Investor Shares
Data updated: 2026-09-22
The net expense ratio is 0.76%: a 0.75% management fee plus 0.29% other expenses, less a 0.28% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $54K in broker commissions, 0.0121% of average net assets, and portfolio turnover was 35%.
GSRIX Fees and Expenses
Annual operating expenses and sales charges of GSRIX. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.29% |
| Gross expense ratio | 1.04% |
| Fee waiver | −0.28% |
| Net expense ratio | 0.76% |
| 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 |
GSRIX Costs Over Time
On $10,000 invested in GSRIX, assuming 5% a year before costs, total costs come to $485 over 5 years, cutting the return by 0.81% 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 0.76%) | $80 | $250 | $434 |
| Trading costs (broker commissions) | $1 | $4 | $7 |
| Lost growth on money paid in costs | $0 | $13 | $44 |
| Total costs | $81 | $266 | $485 |
| Value after costs | $10,419 | $11,310 | $12,278 |
| Impact on return, per year | 0.81% | 0.81% | 0.81% |
GSRIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0121%
- Total broker commissions: $54K
- Bought from dealers (principal trades, not a cost): $1.1M
- Portfolio turnover (prospectus): 35%
- Securities on loan, average value: $133K
- Net income from securities lending: $1K (0.000% of average net assets)
GSRIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| CITIGROUP GLOBAL MARKETS INC. | $9K | 16.87% |
| J.P. MORGAN SECURITIES LLC | $8K | 15.77% |
| MORGAN STANLEY & CO. LLC | $8K | 15.26% |
| JEFFERIES LLC | $6K | 11.90% |
| BERNSTEIN INSTITUTIONAL SERVICES LLC | $6K | 10.91% |
| EVERCORE GROUP L.L.C. | $5K | 9.79% |
| UBS Securities LLC | $4K | 7.55% |
| BOFA SECURITIES, INC. | $3K | 6.31% |
| PIPER SANDLER & CO. | $2K | 2.98% |
| Raymond James & Associates, Inc. | $1K | 2.66% |
GSRIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| CitiGroup Global Markets Inc. | $733K | 68.20% |
| PIPER SANDLER & CO. | $342K | 31.80% |
Goldman Sachs Rising Dividend Growth Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| GMHPX | Class P | 0.68% | — |
| GSRFX | Class R6 | 0.68% | none |
| GSRLX | Institutional Shares | 0.69% | none |
| GSRIX | Investor Shares | 0.76% | none |
| GSRAX | Class A | 1.01% | 5.50% |
| GSRRX | Class R | 1.26% | none |
| GSRCX | Class C | 1.76% | 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.