Goldman Sachs Small/Mid Cap Growth Fund
GTMUX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- Chicago DE 60606 Chicago DE United States of America 60606
- IPO Date
- Aug 5, 2015
- CIK
- 0000822977
- Website
- am.gs.com
- Similar Companies
- Business
- Goldman Sachs Small/Mid Cap Growth Fund (GTMUX) is an open-end mutual fund that seeks long-term growth of capital by investing primarily in a diversified portfolio of equity securities issued by small- and mid-capitalization growth companies. The fund normally invests at least 80% of its net assets plus any borrowings for investment purposes in such issuers, with a focus on U.S. stocks across sectors including technology, industrials, healthcare, consumer cyclical, and financial services; it may allocate up to 25% of net assets to foreign securities, including emerging markets, and up to 20% to fixed-income securities such as government, corporate, and bank debt obligations. Class R6 shares (GTMUX), designed for retirement plans and institutional investors with a minimum initial investment of $5 million, feature a net expense ratio of 0.91% and no front-end or deferred loads. Managed by Goldman Sachs Asset Management, L.P., a subsidiary of The Goldman Sachs Group, Inc., the fund maintains total net assets of approximately $1.41 billion, with the R6 share class comprising about $108 million; it is domiciled in the United States and available for sale primarily to U.S. investors. Key portfolio characteristics include a turnover rate of around 62-94%, top holdings such as Loar Holdings Inc., Jefferies Financial Group Inc., Lattice Semiconductor Corp., and RBC Bearings Inc., and sector allocations led by technology (27.88%), industrials (24.25%), and healthcare (21.16%). The fund traces its origins to July 31, 2015, for the R6 share class, with operations headquartered in New York, New York, alongside Goldman Sachs Asset Management. Current portfolio managers include Jessica Katz, who joined on February 4, 2019, and Greg Tuorto, who assumed responsibilities on September 30, 2019, guiding the fund's active strategy emphasizing U.S. innovation and continuous ownership in growing franchises. In recent developments, the fund maintained contractual fee waivers and expense limitations through at least December 29, 2025, supporting competitive positioning amid market volatility; it reported year-to-date performance challenges as of September 30, 2025, with total returns of -1.66% (88th percentile in category) while navigating sector rotations in Q2 2025. No major acquisitions, partnerships, or structural reorganizations specific to GTMUX were announced in the last 1-2 years, though broader Goldman Sachs Asset Management activities included a planned reorganization of the unrelated Goldman Sachs Technology Opportunities Fund into an ETF format, set to close around December 2025.