Fund Evaluator:

Goldman Sachs US Eq Div and Premium Inv Overview

Goldman Sachs US Eq Div and Premium Inv (GVIRX) is an actively managed Nontraditional Equity Derivative Income fund. Goldman Sachs launched the fund in 2010.

The investment seeks to maximize income and total return. The fund invests at least 80% of its net assets plus any borrowings for investment purposes (measured at the time of purchase) (“Net Assets”) in dividend-paying equity investments in large-cap U.S. issuers. Large-cap issuers are companies with relatively large market capitalizations. Large-cap issuers generally have public stock market capitalizations between $2.8 billion and $4.4 trillion (or above $2.8 billion); however, this capitalization threshold will change over time and with market conditions. The fund is non-diversified.

About Goldman Sachs US Eq Div and Premium Inv (GVIRX)

There are 3 members of the management team with an average tenure of 10.96 years: Monali Vora (2010), Aron Kershner (2015), John Sienkiewicz (2020). 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 US Agg Bond TR USD index with a weighting of 100%. Goldman Sachs US Eq Div and Premium Inv has 187 securities in its portfolio. The top 10 holdings constitute 37.9% of the fund’s assets. The fund meets the SEC requirement of being classified as a nondiversified fund. The fund is not considered to have an ESG focus with its investment selection and management.

Goldman Sachs US Eq Div and Premium Inv is part of the Equity global asset class and is within the Nontraditional Equity fund group. Goldman Sachs US Eq Div and Premium Inv has 0.5% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 99.0%. There is 0.5% 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 US Eq Div and Premium Inv has 0.5% of the portfolio in cash.

Assets Under Management

The fund has $519 million in total assets, which is above the $233 million average for the Derivative Income 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.

GVIRX 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 US Eq Div and Premium Inv expense ratio is above average compared to funds in the Derivative Income category. Goldman Sachs US Eq Div and Premium Inv has an expense ratio of 0.75%, which is 33% 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 US Eq Div and Premium Inv has a portfolio turnover rate of 29%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 115% for the Derivative Income category.

Recently, in the month of June 2026, Goldman Sachs US Eq Div and Premium Inv returned 0.3%, which earned it a grade of C, as the Derivative Income 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 US Eq Div and Premium Inv has a trailing yield of 0.91%, which is below the 4.51% category average. The fund normally distributes its income quarterly 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 US Eq Div and Premium Inv Grades

Year to date, the fund has returned 10.5%, 4.3 percentage points better than the category, which translates into a grade of A. The fund has returned 21.1% over the past year (grade of A), 17.7% over the past three years (grade of A) and 11.6% per year over the past five years (grade of A) and 12.4% per year over the past 10 years (grade of A).

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