Back to top

Image: Bigstock

3 Goldman Sachs Mutual to Add to Your Portfolio

Read MoreHide Full Article

Incepted in 1988, Goldman Sachs Asset Management (GSAM) seeks to provide financial services including investment and advisory solutions, and risk-management expertise to institutional and individual investors throughout the globe. Flaunting more than $1 trillion assets under management, GSAM is considered one of the world’s leading financial management companies, with more than 2,000 professionals in 30 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 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 Quality Floating Rate IR  invests the bulk of its assets in securities, which bear variable rate obligations or a high-quality floating rate. Although it may choose foreign issuers, it aims to invest all its assets in securities denominated in U.S. dollar. Goldman Sachs High Quality Floating Rate IR has three-year annualized returns of 1.9%.

GTATX has an expense ratio of 0.45% compared with the category average of 0.49%.

Goldman Sachs Small Cap Growth Insights Investor (GSTOX - Free Report) maintains a diversified portfolio by investing primarily in equity securities of companies whose market cap is similar to those on the Russell 2000 Index. The fund may also invest in fixed income securities believed to be cash equivalents. Goldman Sachs Small Cap Growth Insights Investor has three-year annualized returns of 14.4%.

As of January 2019, GSTOX held 441 issues, with 1.79% of its assets invested in E-Mini Russ 2000 Mar19 Xcme 20190315.

Goldman Sachs Global Income Investor (GBIRX - Free Report) aims for high total returns by focusing on current income and capital growth. The fund invests at least 80% of its net assets and any borrowings in fixed-income securities of U.S. and non-U.S. companies. GBIRX has three-year annualized returns of 2.4%.

Andrew F. Wilson is one of the fund managers of GBIRX since 1995.

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 Glb Core FixInc Inv (GBIRX) - free report >>

Goldman Sachs Sm Cap Gr InsightsInv (GSTOX) - free report >>

Published in