Goldman Sachs Large Cap Value Fund Q3 2025 Commentary
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Mutual Fund Commentaries59 FollowersFollow5ShareSavePlay(14min)CommentsSummaryThe major US indices continued to notch repeated record highs this quarter as solid economic data, strong earnings growth, and resilient consumer spending encouraged a bullish market sentiment.During the third quarter of 2025, the Goldman Sachs Large Cap Value Fund underperformed the Russell 1000 Value Index (net).Our position in Johnson & Johnson (3.4%) was a top contributor to relative returns during the quarter.Due to environmental headwinds and waning conviction, we ultimately decided to exit our position and allocate elsewhere.Given uncertain interest rate reductions and softening labor market dynamics, active management may become critical in identifying quality names. wildpixel/iStock via Getty Images Market Overview The S&P 500 Index increased by 8.12% (total return, in USD) in the third quarter of 2025, whereas the Russell 2000 Index increased by 12.40% (total return, in USD). The major US indices continued to notch repeated record highs thisThis article was written byMutual Fund Commentaries59 FollowersFollowSelect quarterly mutual fund commentaries.