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3 Zacks Rank #1 Goldman Sachs Funds to Add to Your Portfolio

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With more than $1 trillion assets under management, Goldman Sachs Asset Management (GSAM) is considered one of the world’s leading financial management companies. The issuer offers its clients innovative investment solutions that come from working with a large firm through its global multi-product platform.

Founded in 1988, the company offers financial services including investment and advisory solutions along with risk management expertise to institutional and individual investors throughout the globe. GSAM prides itself in having more than 2,000 professionals across 31 offices worldwide. The fund family develops investment strategies with respect to geographical regions, industries and asset classes.

Below we share with you three top-ranked Goldman Sachs mutual funds. Each has earned a Zacks Mutual Fund Rank #1 (Strong Buy) and is expected to outperform its peers in the future. Investors can click here to see the complete list of Goldman Sachs mutual funds.

Goldman Sachs Large Cap Growth Insights A (GLCGX - Free Report) seeks long-term capital appreciation. GLCGX invests a large portion of its assets in a broadly diversified portfolio of equity investments in large-cap U.S. issuers and non-U.S. issuers traded in the U.S. The fund may also invest in securities that offer fixed income and are considered equivalent to cash. Goldman Sachs Large Cap Growth Insights A has returned 18.8% in the last one-year time frame.

Len Ioffe is one of the fund managers of GLCGX since 2011.

Goldman Sachs High Quality Floating Rate IR  invests a bulk of its assets in securities which bear variable rate obligations or a high quality floating rate. Although it may invest in foreign issuers, it aims to invest all its assets in securities denominated in U.S. dollar. Goldman Sachs High Quality Floating Rate IR has returned 1.8% in the last one-year time frame.

As of March 2017, GTATX held 272 issues, with 3.96% of its assets invested in FHLMC CMO.

Goldman Sachs Bond IR (GSNTX - Free Report) seeks returns which consist of growth of capital and income. GSNTX invests heavily in various fixed income securities including bonds that are guaranteed or issued by the U.S. government and its instrumentalities and agencies. Goldman Sachs Bond IR has returned 0.5% in the last one-year time frame.

GSNTX has an expense ratio of 0.53% as compared to the category average of 0.76%.

To view the Zacks Rank and past performance of all Goldman Sachs mutual funds, investors can click here to see the complete list of Goldman Sachs mutual funds.

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