Fund Evaluator:

Goldman Sachs Absolute Ret Trckr Inv Overview

Goldman Sachs Absolute Ret Trckr Inv (GSRTX) is an actively managed Alternative Multistrategy fund. Goldman Sachs launched the fund in 2008.

The investment seeks to deliver long-term total return consistent with investment results that approximate the return and risk patterns of a diversified universe of hedge funds. The fund's Investment Adviser believes that hedge funds derive a large portion of their returns from exposure to sources of market risk and "Trading Strategies" involving long and/or short positions in Market Exposures and/or individual securities or baskets of securities. It uses a dynamic investment process to seek to identify the appropriate weights to Market Exposures and Trading Strategies that approximate the return and risk patterns of specific hedge fund sub-strategies.

About Goldman Sachs Absolute Ret Trckr Inv (GSRTX)

There are 2 members of the management team with an average tenure of 4.66 years: Oliver Bunn (2017), Stephan Kitchovitch (2026). Management tenure is more important for actively managed funds than passive index funds.

The fund has 2 primary benchmarks: MSCI World NR USD index with a weighting of 100% and ICE BofA US 3M Trsy Bill TR USD index with a weighting of 100%. Goldman Sachs Absolute Ret Trckr Inv has 3071 securities in its portfolio. The top 10 holdings constitute 76.9% 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 Absolute Ret Trckr Inv is part of the Alternative Strategies global asset class and is within the Alternative fund group. Goldman Sachs Absolute Ret Trckr Inv has -12.2% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 63.9%. There is 12.2% allocated to foreign stock, and 1.9% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.3% (24.7% domestic bond, -24.3% foreign bond and 2.0% convertible bond). Goldman Sachs Absolute Ret Trckr Inv has 19.8% of the portfolio in cash.

Assets Under Management

The fund has $1 billion in total assets, which is above the $499 million average for the Multistrategy 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.

GSRTX 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 Absolute Ret Trckr Inv expense ratio is high compared to funds in the Multistrategy category. Goldman Sachs Absolute Ret Trckr Inv has an expense ratio of 0.85%, which is 59% 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 Absolute Ret Trckr Inv has a portfolio turnover rate of 134%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 292% for the Multistrategy category.

Recently, in the month of June 2026, Goldman Sachs Absolute Ret Trckr Inv returned 0.3%, which earned it a grade of B, as the Multistrategy category had an average return of -0.1%. 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 Absolute Ret Trckr Inv has a trailing yield of 0.37%, which is below the 2.90% 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 Absolute Ret Trckr Inv Grades

Year to date, the fund has returned 6.5%, 2.1 percentage points better than the category, which translates into a grade of A. The fund has returned 12.7% over the past year (grade of B), 8.9% over the past three years (grade of B) and 5.5% per year over the past five years (grade of B) and 5.5% per year over the past 10 years (grade of A).

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