Fund Evaluator:
Goldman Sachs Mid Cap Growth Inv (GGOTX)
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Best Performing in Mid-Cap Growth Over the Last Year
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Fund Details
Goldman Sachs Mid Cap Growth Inv Overview
Goldman Sachs Mid Cap Growth Inv (GGOTX) is an actively managed U.S. Equity Mid-Cap Growth fund. Goldman Sachs launched the fund in 2007.
The investment seeks long-term growth of capital. The fund invests, under normal circumstances, at least 80% of its Net Assets in a diversified portfolio of equity investments in mid-cap issuers. The fund may also invest in securities outside of the then-existing mid-cap issuer capitalization range at the time of investment.
About Goldman Sachs Mid Cap Growth Inv (GGOTX)
There are 1 members of the management team with an average tenure of 6.96 years: Jenny Chang (2019). Management tenure is more important for actively managed funds than passive index funds.
The fund has 2 primary benchmarks: Russell 3000 TR USD index with a weighting of 100% and Russell Mid Cap Growth TR USD index with a weighting of 100%. Goldman Sachs Mid Cap Growth Inv has 67 securities in its portfolio. The top 10 holdings constitute 33.5% 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 Mid Cap Growth Inv is part of the Equity global asset class and is within the U.S. Equity fund group. Goldman Sachs Mid Cap Growth Inv has 2.3% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 96.3%. There is 2.3% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Goldman Sachs Mid Cap Growth Inv has 1.4% of the portfolio in cash.
Assets Under Management
The fund has $94 million in total assets, which is below the $686 million average for the Mid-Cap Growth 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.
GGOTX 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 Mid Cap Growth Inv expense ratio is high compared to funds in the Mid-Cap Growth category. Goldman Sachs Mid Cap Growth Inv has an expense ratio of 0.90%, which is 18% lower than its category average, making the fund expense ratio grade a C. 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 Mid Cap Growth Inv has a portfolio turnover rate of 79%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 76% for the Mid-Cap Growth category.
Recently, in the month of June 2026, Goldman Sachs Mid Cap Growth Inv returned 5.5%, which earned it a grade of A, as the Mid-Cap Growth category had an average return of 3.7%. 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 Mid Cap Growth Inv has a trailing yield of 0.00%, which is below the 0.03% category average. The fund normally distributes its income 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 Mid Cap Growth Inv Grades
Year to date, the fund has returned 17.1%, 5.3 percentage points better than the category, which translates into a grade of B. The fund has returned 14.4% over the past year (grade of C), 17.0% over the past three years (grade of B) and 6.9% per year over the past five years (grade of A) and 13.2% per year over the past 10 years (grade of B).
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GGOTX Trailing NAV Total Returns Data as of 6/30/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| GGOTX Return (NAV) | 5.5% | 21.0% | 14.4% | 17.0% | 6.9% | 13.2% |
| GGOTX Grade | A | B | C | B | A | B |
| +/- Category | 1.8% | 3.9% | 1.2% | 3.4% | 2.9% | 1.2% |
| Mid-Cap Growth Avg | 3.7% | 17.1% | 13.2% | 13.6% | 3.9% | 12.0% |
| GGOTX Tax Cost Ratio | na | na | 4.7% | 2.5% | 2.8% | 3.6% |
GGOTX Annual NAV Total ReturnsData as of 6/30/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| GGOTX Return (NAV) | 17.1% | 7.4% | 20.5% | 19.1% | -26.5% | 11.6% | 44.6% | 34.7% | -5.1% | 27.1% | 1.4% |
| GGOTX Grade | B | B | B | D | B | C | B | C | C | B | F |
| +/- Category | 5.3% | 1.5% | 3.3% | -1.6% | 1.5% | -0.8% | 4.3% | 0.7% | -0.5% | 1.8% | -3.9% |
| Mid-Cap Growth Avg | 11.8% | 5.9% | 17.2% | 20.7% | -28.0% | 12.4% | 40.3% | 34.0% | -4.6% | 25.3% | 5.3% |
| Risk Measures | |
| Standard Deviation: | 20.1% |
| Total Risk Index: | 1.65 - High |
| Category Risk Index: | 1.09 - High |
| Category Risk Grade: | F (81% Rank) |
| Beta: | 1.27 |
| R-Squared: | 68% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | Mid-Cap Growth |
| Bond Investment Style: | na |
| Yield: | 0.0% |
| Dividend Distribution: | Annually |
| Cap Gains Distribution: | Annually |
| Total Assets: | $1021 Mil |
| Fund Total Assets: | $ 95 Mil |
| Share Class Type: | Inv |
| Portfolio Turnover: | 79% |
Management Team
| Number of Managers: 1 | |||
| Longest Tenure: 7.0 years | |||
| Average Tenure: 7.0 years | |||
| Managers (Year): Chang Jenny (2019) | |||
Portfolio Composition (as of 3/31/26)
| # of Holdings: | 67 |
| % in Top 10 Holdings: | 33.5% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 2.3% |
Portfolio Allocation |
|
| Domestic Stock: | 96.3% |
| Foreign Stock: | 2.3% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 1.4% |
Purchase Information
| Fund Family: | Goldman Sachs |
| Phone Number: | 800-526-7384 |
| Website: | www.goldmansachsfunds.com |
| Status: | Open |
| Inception Date: | November 30, 2007 |
| Min. Initial Purchase: | $ 0 |
| Min. Initial IRA Purchase: | $ 0 |
| True No-Load: | Yes |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | na |
Expenses and Fees | |
| Expense Ratio (%): | 0.90% ( Rating : High ) |
| Category Average Expense Ratio (%): | 1.09% |
| Share Class: | Goldman Sachs Mid Cap Growth Instl |
| Min. Subsequent Purchase: | $ 0 |
| Min. Subsequent IRA Purchase: | $ 0 |
