GTBCX Performance — Goldman Sachs Target Date 2060 Portfolio, Institutional Shares
Data updated: 2023-01-25
GTBCX returned −11.87% over one year to Nov 2022. The annualised 3-year return is +5.69%. Against its Target-Date category average the fund came out ahead over three years but behind over one: $100 invested three years ago grew to $118, against $113 for the category, and to $88 over one year, against $89. Volatility over the past three years was 18.85% a year. In the 12 months to Nov 2022 the fund took in a net $1.1M, and assets reached $10.32M.
GTBCX Growth of $100
What $100 invested in Goldman Sachs Target Date 2060 Portfolio grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Target-Date category average over the same months.
| Period | GTBCX | Category average |
|---|---|---|
| 1 year (Dec 2021 – Nov 2022) | $88 | $89 |
| 3 years (Dec 2019 – Nov 2022) | $118 | $113 |
| Since data start (Sep 2019 – Nov 2022) | $126 | $118 |
GTBCX Trailing Returns
Total returns to Nov 2022, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | −11.87% |
| 3 years (annualised) | +5.69% |
GTBCX Annual Returns
Calendar-year total returns of Goldman Sachs Target Date 2060 Portfolio, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2022 (Jan–Nov) | −15.13% |
| 2021 | +17.95% |
| 2020 | +14.58% |
| 2019 (Sep–Dec) | +9.72% |
GTBCX 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | −5.4% | −2.8% | +1.7% | −7.7% | +0.7% | −7.9% | +6.6% | −3.8% | −8.8% | +5.9% | +7.0% | — |
| 2021 | −0.2% | +1.8% | +2.7% | +4.0% | +1.5% | +1.7% | +0.9% | +2.2% | −4.1% | +4.8% | −2.1% | +3.8% |
| 2020 | −1.0% | −7.1% | −13.5% | +9.6% | +5.2% | +2.4% | +5.0% | +5.0% | −2.4% | −2.3% | +11.1% | +4.4% |
| 2019 | — | — | — | — | — | — | — | — | +1.9% | +2.4% | +2.2% | +2.9% |
GTBCX Risk
Risk measures from monthly returns over Dec 2019 – Nov 2022.
- 3-year volatility (annualised): 18.85%
- 3-year Sharpe ratio: 0.06 (vs 4.5% risk-free rate)
- Best month: +11.13% (Nov 2020)
- Worst month: −13.51% (Mar 2020)
GTBCX Fund Flows
Monthly money in and out of Goldman Sachs Target Date 2060 Portfolio, from SEC Form N-PORT.
- 12-month net flow: $1.1M
- 12-month gross sales (incl. reinvestments): $1.2M
- Sales ÷ redemptions: 9.06×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Nov 2022 | $40K | $18K | $22K |
| Oct 2022 | $45K | $11K | $34K |
| Sep 2022 | $51K | $3K | $48K |
| Aug 2022 | $38K | $18K | $20K |
| Jul 2022 | $60K | $36K | $24K |
| Jun 2022 | $25K | $305 | $25K |
| May 2022 | $21K | $23K | −$2K |
| Apr 2022 | $50K | $3K | $48K |
| Mar 2022 | $26K | $4K | $22K |
| Feb 2022 | $57K | $5K | $53K |
| Jan 2022 | $31K | $12K | $20K |
| Dec 2021 | $748K | $263 | $748K |
GTBCX Assets Under Management
Net assets of Goldman Sachs Target Date 2060 Portfolio by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2022-11-30 | $10.32M |
| 2022-08-31 | $9.88M |
| 2022-05-31 | $10.38M |
| 2022-02-28 | $10.92M |
| 2021-11-30 | $11.17M |
| 2021-08-31 | $11.19M |
| 2021-05-31 | $10.66M |
| 2021-02-28 | $9.74M |
| 2020-11-30 | $9.17M |
| 2020-08-31 | $8.61M |
| 2020-05-31 | $7.62M |
| 2020-02-29 | $7.62M |
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.