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Address And Details

32 Old Slip , New York, NY 10005
Fund Manager Dave Fishman
Manager Tenure 13 Years 5 Months

Strategy And Objective

The Goldman Sachs Short Duration Government Fund (the Fund) seeks a high level of current income and secondarily, in seeking current income, may also consider the potential for capital appreciation. The Fund invests, under normal circumstances, at least 80% of its net assets plus any borrowings for investment purposes (measured at the time of purchase) (Net Assets) in securities issued or guaranteed by the U.S. Government, its agencies, instrumentalities or sponsored enterprises (U.S. Government Securities), including agency issued adjustable rate and fixed rate mortgage-backed securities or other mortgage-related securities (Agency Mortgage-Backed Securities) and in repurchase agreements collateralized by such securities. Substantially all of the Funds Net Assets will be invested in U.S. Government Securities and instruments based on U.S. Government Securities. The Fund also intends to invest in derivatives, including (but not limited to) interest rate futures, options and interest rate swaps, which are used primarily to hedge the Funds portfolio risks, manage the Funds duration and/or gain exposure to certain fixed income securities. 100% of the Funds portfolio will be invested in U.S. dollar-denominated securities. The Fund may gain exposure to Agency Mortgage-Backed Securities through several methods, including by utilizing to-be-announced (TBA) agreements in Agency Mortgage-Backed Securities or through the use of reverse repurchase agreements. TBA agreements for Agency Mortgage-Backed Securities are standardized contracts for future delivery of fixed-rate mortgage pass-through securities in which the exact mortgage pools to be delivered are not specified until shortly before settlement. A reverse repurchase agreement enables the Fund to gain exposure to specified pools of Agency Mortgage-Backed Securities by purchasing them on a forward settling basis and using the proceeds of the reverse repurchase agreement to settle the trade. The Fund may also seek to obtain exposure to fixed income investments through investments in affiliated or unaffiliated investment companies, including exchange-traded funds (ETFs).The Funds target duration range under normal interest rate conditions is expected to approximate that of the ICE Biofilm Two-Year U.S. Treasury Note Index, plus or minus 1 year, and over the past five years ended June 30, 2020, the duration of this index has ranged between 1.35 and 2.25 years. Duration is a measure of a debt securitys price sensitivity to changes in interest rates. The longer the duration of the Fund (or an individual debt security), the more sensitive its market price to changes in interest rates. For example, if market interest rates increase by 1%, the market price of debt security with a positive duration of 3 years will generally decrease by approximately 3%. Conversely, a 1% decline in market interest rates will generally result in an increase of approximately 3% of that securitys market price.

Net Asset Value

as of 5:42 PM ET 05/19/2022

Performance

  • 1 Week
  • -0.11%
  • 1 Month
  • 0.00%
  • 3 Months
  • -2.07%
  • 1 Yr Return
  • -5.03%
  • 5 Yr Return
  • -5.03%

Equity Sector Breakdown

ConsumerDurables n/a
Energy n/a
Finance n/a
Health n/a
IndustrialCyclical n/a
NonDurables n/a
RetailTrade n/a
Services n/a
Technology n/a
Utilities n/a

Asset Allocation

Asset Type % Of Allocation
Bonds 109.31%
Cash 6.97%
Stocks 0.00%
Preferred 0.00%
Convertible 0.00%
ForeignStocks 0.00%
ForeignBonds 0.00%
ForeignHedged 0.00%
Other -16.28%
Total Net Assets 380.67 M

Risk Measures

Criteria 3 Years 5 Years 10 Years
Alpha -0.35 -0.50 -0.22
Beta 0.26 0.25 0.20
R Squared 0.57 0.57 0.46
Std Deviation 1.58 1.31 1.03
Sharpe Ratio -0.24 -0.34 n/a

Purchase Information

as of 5:21 PM ET 05/17/2022
Minimum Initial $1000000
Minimum Additional $0
Minimum Initial IRA $0

Performance

Timeframe Average Annual Current Performance Monthly As Of 04/30/2022 Average Annual Current Performance Quarterly As Of 03/31/2022 Avg Annual Current Performance Monthly As Of 04/30/2022 Avg Annual Current Performance Quarterly As Of 03/31/2022
1 Year
  • -4.80%
  • -4.09%
-4.80% -4.09%
3 Year
  • +0.26%
  • +0.55%
+0.26% +0.55%
10 Year
  • +0.67%
  • +0.74%
+0.67% +0.74%
Life Of Fund
  • +4.11%
  • +4.14%
+4.11% +4.14%

Top 10 Holdings

Symbol Company Name % Of Assets
n/a

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