Back to top

Image: Bigstock

Consider These 3 Mutual Funds From Goldman Sachs

Read MoreHide Full Article

Goldman Sachs Asset Management (GSAM) has been offering financial services, including investment and advisory solutions, and risk-management expertise, to institutional and individual investors throughout the world since 1988. With more than $1 trillion assets under management, GSAM is considered one of the world’s leading financial management companies.

The fund prides itself in having more than 2,000 professionals in 30 offices worldwide. Its teams have more than 650 investment professionals, who capitalize on the technology, risk management skill and market insights of Goldman Sachs. 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 High Yield Muni A (GHYAX - Free Report) invests a bulk of its assets in fixed income securities, whose interest is exempted from regular federal income tax. The fixed income securities are issued on behalf of territories and states of the United States. Goldman Sachs High Yield Muni A has three-year annualized returns of 6.7%.

Scott Diamond is one of the fund managers of GHYAX since 2002.

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 of its assets in securities denominated in U.S. dollar. Goldman Sachs High Quality Floating Rate IR has three-year annualized returns of 1.3%.

GTATX has an expense ratio of 0.46% as compared with the category average of 0.51%.

Goldman Sachs Large Cap Growth Insights Investor (GLCTX - Free Report) maintains a diversified portfolio of equity investments by investing heavily in large-cap domestic companies, including foreign companies that are traded in the United States. GLCTX seeks long-term growth of capital and dividend income. Goldman Sachs Large Cap Growth Insights Investor has three-year annualized returns of 14.4%.

As of April 2018, GLCTX held 146 issues, with 5.39% of its assets invested in Apple Inc.

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.

Want key mutual fund info delivered straight to your inbox?

Zacks’ free Fund Newsletter will brief you on top news and analysis, as well as top-performing mutual funds, each week. Get it free >>


See More Zacks Research for These Tickers


Normally $25 each - click below to receive one report FREE:


Goldman Sachs High Yield Muni A (GHYAX) - free report >>

Goldman Sachs LrgCp Gr Insights Inv (GLCTX) - free report >>