Goldman Sachs U.S. Equity Dividend and Premium Fund

GOLDMAN SACHS TRUST · 6 share classes

Actively managed U.S. equity fund
One fund, 6 share classes:GSPKXGSPAXGSPQXGVIRXGIDWXGSFPX
$3.89B NAV
187 positions · as of 2026-06-30 · filed 2026-08-26

Fund classification

Classified from what the fund holds · as of 2026 Q2

Goldman Sachs U.S. Equity Dividend and Premium Fund is an actively managed U.S. equity fund. 21% of GSPKX’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 97% of the fund’s equity).

Asset class
Equity
Region
United States
Management
Actively managed
Fund type
Open-end fund

Fund profile

As filed in the prospectus · 2026 Q2

The Goldman Sachs U.S. Equity Dividend and Premium Fund (the Fund) seeks to maximize income and total return.

Strategy · summarised

The fund invests in dividend-paying large-cap U.S. stocks selected through quantitative models with qualitative overlay, and sells call options on stock indices to generate additional income, typically covering 20% to 75% of portfolio value. In rising markets where index appreciation exceeds option premiums, the call-writing strategy can significantly reduce returns relative to an unhedged portfolio.

Expenses
0.67% 1.75%across 6 share classes
Share classGrossNet
GSPKX0.75%0.68%
GSPAX1.11%1.00%
GSPQX1.86%1.75%
GVIRX0.86%0.75%
GIDWX0.74%0.67%
GSFPX0.74%0.67%

Net is what a holder pays after the adviser's contractual waiver; gross is before it. A waiver can expire.

Portfolio turnover 29.00% · as of 2026 Q2

Allocation

Asset groups · long / short shown separately, never netted · 2026 Q2

100.14%
of net assets
Stocks101.72%
Cash & short-term0.29%
Derivatives-1.87%

The outer band is exposure held short — written against the portfolio rather than part of it, which is why it sits outside the ring and why the two are never netted into one figure.

Derivatives are shown at market value, not notional exposure.

Sector allocation

The same holdings as Allocation above, grouped by market sector instead of asset type · as of 2026 Q2

100%
of net assets
Information Technology36.9%
Financials10.9%
Communication Services9.7%
Consumer Discretionary9.6%
10 smaller32.9%

Government, Securitized and Cash are non-corporate buckets; International is foreign holdings we don’t sector-classify, and Other is the residual (held funds, unresolved names).

Portfolio growth profile

How much of the fund’s stock holdings are in fast-growing companies · as of 2026 Q2

Revenue growth
21%of stock holdings in top-quartile growers
covering 97% of the fund’s equity
Earnings growth
25%of stock holdings in top-quartile growers
covering 89% of the fund’s equity

Share of the fund’s equity (by value) in companies whose trailing five-year revenue — or net-income — growth ranks in the top 25% of U.S. public companies. Foreign and newly-listed holdings are excluded, so the figure covers only part of the book. From SEC filings — not investment advice. How we measure this.

Latest quarter

What changed since the fund's previous filing

2026Q2 vs 2026Q1: 27 new25 exited

Largest new: SNDK, GIS, PANW, DHR, WDC, Seagate Technology Holdings PLC, FITB, Goldman Sachs Central Government Fund

Largest exited: MA, PEP, T, WFC, Amcor PLC, COST, AMGN, ISRG

Return profile

Chart:

Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026

Share class1-year3-year5-yearVolWorst fall
+26.75%+64.62%+70.36%11.21%-7.16%
+26.39%+63.10%+67.63%11.26%-7.22%
+25.41%+59.47%+61.42%11.24%-7.40%
+26.70%+64.25%+69.66%11.29%-7.20%
+26.79%+64.72%+70.38%11.31%-7.18%
+26.77%+64.65%+70.42%11.27%-7.16%

These classes hold the same portfolio, so the 9.00pp spread over 5 years is the cost difference between them — roughly 1.80pp a year — not a difference in what they own.

Cumulative return· Jul 2023 – Apr 2026

May 2026 and Jun 2026 have been filed since the trailing figures were struck, so they are not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.

Holdings

By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page

Issuer%NAVValue
NVIDIA CorpNVDA7.55%$293.66M
Apple IncAAPL6.64%$258.30M
Alphabet IncGOOGL5.01%$195.13M
Microsoft CorpMSFT4.56%$177.36M
Amazon.com IncAMZN3.69%$143.62M
Broadcom IncAVGO2.92%$113.53M
Micron Technology IncMU2.48%$96.61M
Meta Platforms IncMETA1.99%$77.31M
Tesla IncTSLA1.90%$73.88M
Advanced Micro Devices IncAMD1.61%$62.62M
Showing 10 of 187Sign in to see more

Reported price is the fund's own reported value divided by its own reported shares at 2026-06-30 — not a live quote, and not what the fund paid.

Top 10 positions are 38.34% of net assets, top 25 56.14%, across 186 issuers.

See more of this fund's book

More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.

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