Fund Evaluator:
Goldman Sachs Short Dur Govt Inv (GTDTX)
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Best Performing in Short Government Over the Last Year
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| 2.8% | Vanguard Short-Term Treasury Inv (VFISX) |
Fund Details
Goldman Sachs Short Dur Govt Inv Overview
Goldman Sachs Short Dur Govt Inv (GTDTX) is an actively managed Taxable Bond Short Government fund. Goldman Sachs launched the fund in 2007.
The investment seeks a high level of current income and secondarily, in seeking current income, may also consider the potential for capital appreciation. The fund normally invests at least 80% of its net assets plus any borrowings for investment purposes (measured at the time of purchase) in securities issued or guaranteed by the U.S. government, its agencies, instrumentalities or sponsored enterprises and in repurchase agreements collateralized by such securities. 100% of the fund's portfolio will be invested in U.S. dollar-denominated securities.
About Goldman Sachs Short Dur Govt Inv (GTDTX)
There are 3 members of the management team with an average tenure of 4.41 years: John Olivo (2016), Tasneem Nalwala (2024), Shaun Cullinan (2025). Management tenure is more important for actively managed funds than passive index funds.
The fund has 2 primary benchmarks: Bloomberg US Agg Bond TR USD index with a weighting of 100% and ICE BofA Current 2-Y US Trsy TR USD index with a weighting of 100%. Goldman Sachs Short Dur Govt Inv has 554 securities in its portfolio. The top 10 holdings constitute 87.2% 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 Short Dur Govt Inv is part of the Fixed Income global asset class and is within the Taxable Bond fund group. Goldman Sachs Short Dur Govt Inv has 0.0% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is -1.2%. 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 85.2% (85.2% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Goldman Sachs Short Dur Govt Inv has 16.0% of the portfolio in cash.
Assets Under Management
The fund has $14 million in total assets, which is below the $434 million average for the Short Government 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.
GTDTX 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 Short Dur Govt Inv expense ratio is average compared to funds in the Short Government category. Goldman Sachs Short Dur Govt Inv has an expense ratio of 0.57%, which is 11% 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 Short Dur Govt Inv has a portfolio turnover rate of 643%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 217% for the Short Government category.
Recently, in the month of June 2026, Goldman Sachs Short Dur Govt Inv returned -0.0%, which earned it a grade of F, as the Short Government 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 Short Dur Govt Inv has a trailing yield of 3.32%, which is below the 3.80% category average. The fund normally distributes its income monthly 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 Short Dur Govt Inv Grades
Year to date, the fund has returned 0.3%, 0.4 percentage points worse than the category, which translates into a grade of D. The fund has returned 2.6% over the past year (grade of D), 4.0% over the past three years (grade of D) and 1.2% per year over the past five years (grade of D) and 1.4% per year over the past 10 years (grade of D).
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GTDTX 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 |
|
| GTDTX Return (NAV) | -0.0% | 0.3% | 2.6% | 4.0% | 1.2% | 1.4% |
| GTDTX Grade | F | C | D | D | D | D |
| +/- Category | -0.1% | -0.1% | -0.4% | -0.4% | -0.4% | -0.1% |
| Short Government Avg | 0.1% | 0.4% | 3.0% | 4.3% | 1.6% | 1.5% |
| GTDTX Tax Cost Ratio | na | na | 1.3% | 1.3% | 1.0% | 0.9% |
GTDTX Annual NAV Total ReturnsData as of 6/30/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| GTDTX Return (NAV) | 0.3% | 5.0% | 3.6% | 3.9% | -5.3% | -1.4% | 3.8% | 3.0% | 1.3% | 0.4% | 1.3% |
| GTDTX Grade | D | D | D | D | D | D | B | D | B | C | A |
| +/- Category | -0.4% | -0.4% | -0.2% | -0.1% | -0.5% | -0.3% | 0.6% | -0.1% | 0.1% | -0.1% | 0.7% |
| Short Government Avg | 0.7% | 5.4% | 3.8% | 4.0% | -4.9% | -1.1% | 3.2% | 3.2% | 1.1% | 0.5% | 0.7% |
| Risk Measures | |
| Standard Deviation: | 1.8% |
| Total Risk Index: | 0.15 - Low |
| Category Risk Index: | 0.93 - Average |
| Category Risk Grade: | C (49% Rank) |
| Beta: | 0.28 |
| R-Squared: | 77% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | na |
| Bond Investment Style: | High Quality Limited Sensitivity |
| Yield: | 3.3% |
| Dividend Distribution: | Monthly |
| Cap Gains Distribution: | Annually |
| Total Assets: | $522 Mil |
| Fund Total Assets: | $ 15 Mil |
| Share Class Type: | Inv |
| Portfolio Turnover: | 643% |
Management Team
| Number of Managers: 3 | |||
| Longest Tenure: 10.4 years | |||
| Average Tenure: 4.4 years | |||
| Managers (Year): Olivo John (2016), Nalwala Tasneem (2024), Cullinan Shaun (2025) | |||
Portfolio Composition (as of 3/31/26)
| # of Holdings: | 554 |
| % in Top 10 Holdings: | 87.2% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 0.0% |
Portfolio Allocation |
|
| Domestic Stock: | -1.2% |
| Foreign Stock: | 0.0% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 85.2% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 16.0% |
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 (%): | 0.57% ( Rating : Avg ) |
| Category Average Expense Ratio (%): | 0.64% |
| Share Class: | Goldman Sachs Short Dur Govt Instl |
| Min. Subsequent Purchase: | $ 0 |
| Min. Subsequent IRA Purchase: | $ 0 |
