GSZIX — Goldman Sachs Dynamic Bond Fund
Data updated: 2026-08-26
GSZIX — Goldman Sachs Dynamic Bond Fund. Long Securitized (MBS/ABS/CMBS) Bond · $1.75B AUM · 0.69% expense ratio. Holdings, fees, performance and SEC filings.
GSZIX Fund Overview
GSZIX — Goldman Sachs Dynamic Bond Fund is a US mutual fund managed by Goldman Sachs Trust, categorised as Long Securitized (MBS/ABS/CMBS) Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Goldman Sachs Trust
- Category: Long Securitized (MBS/ABS/CMBS) Bond
- Assets under management: $1.75B
- 1-year return: 7.3%
- Ticker: GSZIX
- SEC CIK: 0000822977
- SEC series ID: S000029317
- Share class ID: C000090152
GSZIX Holdings
Top 10 holdings of Goldman Sachs Dynamic Bond Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Umbs, Tba | 13.85% |
| Government National Mortgage Association | 9.70% |
| Umbs, Tba | 5.25% |
| United States Treasury | 4.41% |
| Goldman Sachs Central Government Fund | 4.35% |
| United States Treasury | 3.20% |
| Umbs, Tba | 2.33% |
| Government National Mortgage Association | 2.04% |
| United States Treasury | 1.81% |
| Government National Mortgage Association | 1.69% |
GSZIX Portfolio Allocation
Asset-class allocation of Goldman Sachs Dynamic Bond Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Securitized | 67.4% |
| Fixed Income | 42.8% |
| Equity | 4.4% |
| Loans | 2.8% |
| Cash & Equivalents | 2.0% |
| Derivatives | 1.4% |
| Real Estate | 0.9% |
GSZIX Performance
Total returns for GSZIX (as of 2026-09-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 1.9% |
| 1 year | 7.3% |
| 3 years (annualised) | 8.6% |
| 5 years (annualised) | 5.0% |
GSZIX Risk Information
Risk metrics for GSZIX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 2.7%
GSZIX Costs and Fees
GSZIX costs about $69 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.69%
- Gross expense ratio: 0.79%
- Portfolio turnover: 1898%
- Brokerage commissions: 4.61 bps of average net assets (SEC N-CEN)
GSZIX Cashflows
Over the 12 months to 2026-06, Goldman Sachs Dynamic Bond Fund had net inflows of $711.64M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | $36.26M |
| 2026-05 | $11.85M |
| 2026-04 | $8.58M |
| 2026-03 | $43.86M |
| 2026-02 | $101.60M |
| 2026-01 | $51.15M |
GSZIX Debt Constituents
Largest debt holdings of Goldman Sachs Dynamic Bond Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| United States Treasury | 4.41% |
| United States Treasury | 3.20% |
| United States Treasury | 1.81% |
| Compute Financing 2026 LLC | 1.03% |
| United States Treasury | 0.51% |
| Blackstone Mortgage Tr | 0.45% |
| Cqp Holdco Lp/bip-V Chin | 0.35% |
| Romania | 0.35% |
| Matador Resources Co. | 0.32% |
| Synchrony Financial | 0.29% |
GSZIX Prospectus and SEC Filings
Official Goldman Sachs Dynamic Bond Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-07-29
- Prospectus (485BPOS) — filed 2025-07-28
- Prospectus (485BPOS) — filed 2024-07-26
- Portfolio holdings (N-PORT) — filed 2026-08-26
- Portfolio holdings (N-PORT) — filed 2026-05-26
- Portfolio holdings (N-PORT) — filed 2026-02-23
- Annual census (N-CEN) — filed 2026-06-12
- Annual census (N-CEN) — filed 2025-06-13
Related Funds
Other Long Securitized (MBS/ABS/CMBS) Bond funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.