Goldman Sachs Mid Cap Value IR Fund (GCMTX – Free Report) seeks long-term capital appreciation. GCMTX invests, under normal circumstances, at least 80% of its net assets in a diversified portfolio of equity investments in midcap issuers with public stock market capitalizations within the range of the market capitalization of companies constituting the Russell Midcap Value Index at the time of investment. Although GCMTX invests primarily in publicly traded U.S. securities, it may invest up to 25% of its net assets in foreign securities, including securities of issuers in emerging countries and securities quoted in foreign currencies.
This Mid Value product has a history of positive total returns for over 10 years. Specifically, the fund’s returns over the 3, 5 year benchmarks; 3 year 5.3% and 5 year 12.3%. To see how this fund performed compared in its category, and other #1 and #2 Ranked Mutual Funds, please click here.
The Goldman Sachs Mid Cap Value IR fund, as of the last filing, allocates their fund in top two major groups; Large Value and Small Value. Further, as of the last filing, Sempra Energy, Goldman Sachs Fin Sq Fd G And Suntrust Banks Inc were the top holdings for GCMTX.
This Zacks Rank #2 (Buy) was incepted in August 1997 and is managed by Goldman Sachs. GCMTX carries an expense ratio of 0.91% and requires a minimal initial investment of $0.
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