GVIRX Fees and Costs — Goldman Sachs U.S. Equity Dividend and Premium Fund, Investor Shares
Data updated: 2026-08-26
The net expense ratio is 0.75%: a 0.69% management fee plus 0.17% other expenses, less a 0.11% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $66K in broker commissions, 0.0018% of average net assets, and portfolio turnover was 29%.
GVIRX Fees and Expenses
Annual operating expenses and sales charges of GVIRX. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.69% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.17% |
| Gross expense ratio | 0.86% |
| Fee waiver | −0.11% |
| Net expense ratio | 0.75% |
| 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 |
GVIRX Costs Over Time
On $10,000 invested in GVIRX, assuming 5% a year before costs, total costs come to $473 over 5 years, cutting the return by 0.79% 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 0.75%) | $79 | $246 | $428 |
| Trading costs (broker commissions) | $0 | $1 | $1 |
| Lost growth on money paid in costs | $0 | $12 | $43 |
| Total costs | $79 | $259 | $473 |
| Value after costs | $10,421 | $11,317 | $12,290 |
| Impact on return, per year | 0.79% | 0.79% | 0.79% |
GVIRX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0018%
- Total broker commissions: $66K
- Bought from dealers (principal trades, not a cost): $3K
- Portfolio turnover (prospectus): 29%
- Securities on loan, average value: $37K
- Net income from securities lending: $227 (0.000% of average net assets)
GVIRX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley & Co. LLC | $26K | 42.23% |
| Morgan Stanley & Co. International PLC | $9K | 14.48% |
| Citigroup Global Markets Inc. | $6K | 9.04% |
| Barclays Bank PLC | $5K | 7.88% |
| UBS Securities LLC | $4K | 6.08% |
| Jefferies LLC | $3K | 5.69% |
| J.P. Morgan Securities LLC | $3K | 5.59% |
| BofA Securities, Inc. | $2K | 3.77% |
| JPMorgan Chase Bank, National Association | $2K | 2.79% |
| RBC Capital Markets, LLC | $1K | 2.45% |
GVIRX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Virtu Americas LLC | $1K | 38.59% |
| J.P. Morgan Securities LLC | $1K | 31.74% |
| UBS Securities LLC | $547 | 16.85% |
| Citigroup Global Markets Inc. | $314 | 9.67% |
| National Financial Services LLC | $77 | 2.36% |
| Morgan Stanley & Co. LLC | $25 | 0.78% |
Goldman Sachs U.S. Equity Dividend and Premium Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| GIDWX | Class R6 | 0.67% | none |
| GSFPX | Class P | 0.67% | — |
| GSPKX | Institutional Shares | 0.68% | none |
| GVIRX | Investor Shares | 0.75% | none |
| GSPAX | Class A | 1.00% | 5.50% |
| GSPQX | Class C | 1.75% | 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.