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Buy These 3 Goldman Sachs Mutual Funds

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Incepted in 1988, Goldman Sachs Asset Management (GSAM) offers 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 as one of the world’s leading financial management companies. GSAM prides itself in having 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 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 Dynamic Municipal Income Investor (GUIRX - Free Report) seeks growth of income, which is free from regular federal income tax. GUIRX invests a large chunk of its assets in fixed income securities, which are issued by or on behalf of U.S. territories and states. These fixed income securities offer regular federal income tax-exempted interest. Goldman Sachs Dynamic Municipal Income Investor has one-year annualized returns of 4%.

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

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 United States. 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 20.7% in a year’s time.

GLCGX has an expense ratio of 0.95% as compared with the category average of 1.10%.

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 one-year annualized returns of 1.6%.

As of December 2017, GTATX held 286 issues, with 2.88% of its assets invested in FNMA CMO.

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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