Summary
- The GS US Equity Dividend & Premium Fund aims to maximize income and total return by focusing on high-dividend stocks and writing index call options.
- In Q1 2025, the Fund outperformed the S&P 500 by 53 bps, with call writing contributing positively despite a challenging market environment.
- Since inception, the Fund has underperformed the S&P 500 due to prolonged equity bull markets, but offers attractive tax-efficient distributions and income.
- The Fund’s options overlay provides downside cushion in weak markets, but may limit upside in strong rallies; investors should weigh risk and return trade-offs.
Fund Overview
The Goldman Sachs US Equity Dividend and Premium Fund (“GS US ED&P Fund”) seeks to maximize income and total return. Additionally, the Fund aims to generate outperformance in uncertain markets.
The GS US ED&P Fund
Select quarterly mutual fund commentaries.
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