GSZRX Performance — Goldman Sachs Dynamic Bond Fund, Class R
Data updated: 2026-08-26
GSZRX returned +1.61% year to date and +6.82% over one year to Jun 2026. Annualised returns are +7.95% over 3 years and +4.44% over 5 years. The fund beat its Intermediate Securitized Bond category average: $100 invested three years ago grew to $126, against $116 for the category, and to $107 over one year, against $105. Volatility over the past three years was 3.05% a year. In the 12 months to Jun 2026 the fund took in a net $711.6M, and assets reached $1.75B.
GSZRX Growth of $100
What $100 invested in Goldman Sachs Dynamic Bond Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Intermediate Securitized Bond category average over the same months.
| Period | GSZRX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $107 | $105 |
| 3 years (Jul 2023 – Jun 2026) | $126 | $116 |
| 5 years (Jul 2021 – Jun 2026) | $124 | $105 |
| Since data start (Jul 2019 – Jun 2026) | $134 | $113 |
GSZRX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +1.61% |
| 1 year | +6.82% |
| 3 years (annualised) | +7.95% |
| 5 years (annualised) | +4.44% |
GSZRX Annual Returns
Calendar-year total returns of Goldman Sachs Dynamic Bond Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +1.61% |
| 2025 | +9.28% |
| 2024 | +5.58% |
| 2023 | +10.50% |
| 2022 | −3.81% |
| 2021 | −1.79% |
| 2020 | +8.95% |
| 2019 (Jul–Dec) | +0.80% |
GSZRX 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 | 0.0% | +0.2% | −1.6% | +1.2% | +1.0% | +0.8% | — | — | — | — | — | — |
| 2025 | +1.9% | +0.5% | −0.6% | +0.2% | +0.8% | +1.1% | +0.6% | +1.4% | +0.2% | +1.1% | +0.7% | +0.9% |
| 2024 | +0.3% | −0.3% | +0.8% | −0.3% | +0.9% | +0.8% | +2.2% | +0.5% | +0.8% | −1.3% | +1.4% | −0.3% |
| 2023 | +2.5% | −0.3% | +0.9% | −0.1% | +0.2% | −0.2% | +1.2% | +0.7% | −0.3% | +1.8% | +1.2% | +2.5% |
| 2022 | −0.3% | −1.5% | −0.3% | −1.2% | −0.5% | −2.6% | +2.2% | −0.5% | −1.7% | +0.5% | +2.3% | 0.0% |
| 2021 | −0.1% | −2.2% | −0.3% | +0.9% | +0.2% | 0.0% | +0.1% | +0.7% | +0.1% | −2.1% | −0.2% | +1.1% |
| 2020 | +0.8% | −0.4% | −8.1% | +4.6% | +3.3% | +1.3% | +2.9% | +1.2% | −0.3% | 0.0% | +2.8% | +1.0% |
| 2019 | — | — | — | — | — | — | +0.3% | −1.1% | 0.0% | +0.6% | +0.5% | +0.6% |
GSZRX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 3.05%
- 3-year Sharpe ratio: 1.13 (vs 4.5% risk-free rate)
- Best month: +2.52% (Dec 2023)
- Worst month: −1.62% (Mar 2026)
GSZRX Fund Flows
Monthly money in and out of Goldman Sachs Dynamic Bond Fund, from SEC Form N-PORT.
- 12-month net flow: $711.6M
- 12-month gross sales (incl. reinvestments): $1.1B
- Sales ÷ redemptions: 2.64×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $78.5M | $42.3M | $36.3M |
| May 2026 | $50.3M | $38.4M | $11.9M |
| Apr 2026 | $70.0M | $61.4M | $8.6M |
| Mar 2026 | $103.7M | $59.8M | $43.9M |
| Feb 2026 | $147.8M | $46.2M | $101.6M |
| Jan 2026 | $96.9M | $45.7M | $51.2M |
| Dec 2025 | $126.5M | $26.5M | $100.0M |
| Nov 2025 | $67.3M | $29.9M | $37.4M |
| Oct 2025 | $126.2M | $22.2M | $104.0M |
| Sep 2025 | $97.7M | $18.3M | $79.4M |
| Aug 2025 | $94.9M | $21.4M | $73.6M |
| Jul 2025 | $84.9M | $21.0M | $63.9M |
GSZRX Assets Under Management
Net assets of Goldman Sachs Dynamic Bond Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $1.75B |
| 2026-03-31 | $1.68B |
| 2025-12-31 | $1.52B |
| 2025-09-30 | $1.25B |
| 2025-06-30 | $1.02B |
| 2025-03-31 | $893.73M |
| 2024-12-31 | $805.77M |
| 2024-09-30 | $752.68M |
| 2024-06-30 | $704.33M |
| 2024-03-31 | $680.34M |
| 2023-12-31 | $660.54M |
| 2023-09-30 | $618.04M |
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.