We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
3 Winning Mutual Funds From the Goldman Sachs 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.
With more than $1 trillion assets under management, GSAM is considered one of the world’s leading financial management companies. It has more than 2,000 professionals in 30 offices worldwide. The fund family develops investment strategies with respect to geographical regions, industries and asset classes.
Goldman Sachs U.S. Mortgages Fund Class A Shares (GSUAX - Free Report) aims for a high level of total return consisting of income and capital appreciation. The fund invests the majority of its net assets in securities representing direct or indirect interests or that are collateralized by adjustable rate and fixed rate mortgage loans or other mortgage-related securities of U.S. issuers. GSUAX has three-year annualized returns of 3.8%.
Christopher J. Hogan is one of the fund managers of GSUAX since 2009.
Goldman Sachs Strategic Growth Fund Investor Class (GSTTX - Free Report) seeks long-term appreciation of capital. GSTTX invests the lion’s share of its assets, measured at the time of purchase, in equity investments. The fund may invest up to a fourth of its total assets in foreign securities, including securities of issuers in countries with emerging markets or economies. GSTTX has three-year annualized returns of 24.5%.
GSTTX has an expense ratio of 0.87% compared with the category average of 0.99%.
Goldman Sachs Dynamic Municipal Income Fund Class A (GSMIX - Free Report) seeks a high level of current income that is exempted from the regular federal income tax. GSMIX invests the majority of its assets in fixed income securities issued by or on behalf of states, territories and possessions of the United States. The fund may also invest in private activity bonds, whose interest may be a preference for the purpose of federal alternative minimum tax. GSMIX has three-year annualized returns of 4.6%.
As of the end of March 2021, GSMIX held 3,448 issues with 0.87% of its assets invested in Puerto Rico Sales Tax Fing Corp Sales Tax Rev 4.329%.
Image: Bigstock
3 Winning Mutual Funds From the Goldman Sachs Portfolio
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.
With more than $1 trillion assets under management, GSAM is considered one of the world’s leading financial management companies. It has 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 funds.
Goldman Sachs U.S. Mortgages Fund Class A Shares (GSUAX - Free Report) aims for a high level of total return consisting of income and capital appreciation. The fund invests the majority of its net assets in securities representing direct or indirect interests or that are collateralized by adjustable rate and fixed rate mortgage loans or other mortgage-related securities of U.S. issuers. GSUAX has three-year annualized returns of 3.8%.
Christopher J. Hogan is one of the fund managers of GSUAX since 2009.
Goldman Sachs Strategic Growth Fund Investor Class (GSTTX - Free Report) seeks long-term appreciation of capital. GSTTX invests the lion’s share of its assets, measured at the time of purchase, in equity investments. The fund may invest up to a fourth of its total assets in foreign securities, including securities of issuers in countries with emerging markets or economies. GSTTX has three-year annualized returns of 24.5%.
GSTTX has an expense ratio of 0.87% compared with the category average of 0.99%.
Goldman Sachs Dynamic Municipal Income Fund Class A (GSMIX - Free Report) seeks a high level of current income that is exempted from the regular federal income tax. GSMIX invests the majority of its assets in fixed income securities issued by or on behalf of states, territories and possessions of the United States. The fund may also invest in private activity bonds, whose interest may be a preference for the purpose of federal alternative minimum tax. GSMIX has three-year annualized returns of 4.6%.
As of the end of March 2021, GSMIX held 3,448 issues with 0.87% of its assets invested in Puerto Rico Sales Tax Fing Corp Sales Tax Rev 4.329%.
To view the Zacks Rank and the 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 >>