Fund Evaluator:

Goldman Sachs Commodity Strategy Inv Overview

Goldman Sachs Commodity Strategy Inv (GCCTX) is an actively managed Commodities Commodities Broad Basket fund. Goldman Sachs launched the fund in 2007.

The investment seeks long-term total return. The fund seeks to maintain substantial economic exposure to the performance of the commodities markets. It primarily gains exposure to the commodities markets by investing in a wholly-owned subsidiary of the fund organized as a company under the laws of the Cayman Islands, Cayman Commodity - CSF, Ltd. (the "CSF Subsidiary").

About Goldman Sachs Commodity Strategy Inv (GCCTX)

There are 2 members of the management team with an average tenure of 3.52 years: Robert Hyman (2021), Nelson Louie (2024). Management tenure is more important for actively managed funds than passive index funds.

The fund has 2 primary benchmarks: S&P 500 (TR) (1970) index with a weighting of 100% and Bloomberg Commodity TR USD index with a weighting of 100%. Goldman Sachs Commodity Strategy Inv has 9 securities in its portfolio. The top 10 holdings constitute 99.9% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is not considered to have an ESG focus with its investment selection and management.

Goldman Sachs Commodity Strategy Inv is part of the Real Assets global asset class and is within the Commodities fund group. Goldman Sachs Commodity Strategy Inv has 0.0% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 0.0%. There is 0.0% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 24.2% (24.2% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Goldman Sachs Commodity Strategy Inv has 55.7% of the portfolio in cash.

Assets Under Management

The fund has $6 million in total assets, which is below the $476 million average for the Commodities Broad Basket category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.

GCCTX Performance and Fees

The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Goldman Sachs Commodity Strategy Inv expense ratio is above average compared to funds in the Commodities Broad Basket category. Goldman Sachs Commodity Strategy Inv has an expense ratio of 0.70%, which is 36% lower than its category average, making the fund expense ratio grade a A. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.

High portfolio turnover can translate to higher expenses and lower aftertax returns. Goldman Sachs Commodity Strategy Inv has a portfolio turnover rate of 83%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 78% for the Commodities Broad Basket category.

Recently, in the month of June 2026, Goldman Sachs Commodity Strategy Inv returned -7.4%, which earned it a grade of B, as the Commodities Broad Basket category had an average return of -8.1%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.

Goldman Sachs Commodity Strategy Inv has a trailing yield of 15.00%, which is above the 9.25% category average. The fund normally distributes its income semi-annually and its capital gains annually.

It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.

Goldman Sachs Commodity Strategy Inv Grades

Year to date, the fund has returned 9.1%, 5.3 percentage points worse than the category, which translates into a grade of F. The fund has returned 18.9% over the past year (grade of F), 10.2% over the past three years (grade of D) and 8.2% per year over the past five years (grade of F) and 4.1% per year over the past 10 years (grade of F).

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