Goldman Sachs High Yield Floating Rate Fund
Name
As of 03/25/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
2.4%
1 yr return
12.2%
3 Yr Avg Return
4.7%
5 Yr Avg Return
4.7%
Net Assets
$2.12 B
Holdings in Top 10
9.4%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.73%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 26.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 03/25/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
GGNPX - Profile
Distributions
- YTD Total Return 2.4%
- 3 Yr Annualized Total Return 4.7%
- 5 Yr Annualized Total Return 4.7%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 3.40%
- Dividend Yield 8.4%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameGoldman Sachs High Yield Floating Rate Fund
-
Fund Family NameGoldman Sachs Fund Complex
-
Inception DateApr 20, 2018
-
Shares OutstandingN/A
-
Share ClassP
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerPeter Campo
Fund Description
GGNPX - Performance
Return Ranking - Trailing
Period | GGNPX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 2.4% | -0.9% | 5.6% | 30.68% |
1 Yr | 12.2% | -5.9% | 33.6% | 33.33% |
3 Yr | 4.7%* | -5.5% | 9.3% | 38.40% |
5 Yr | 4.7%* | -6.6% | 37.5% | 20.00% |
10 Yr | N/A* | -1.9% | 19.3% | 50.96% |
* Annualized
Return Ranking - Calendar
Period | GGNPX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 2.7% | -12.0% | 17.3% | 66.67% |
2022 | -7.5% | -22.9% | 5.1% | 52.14% |
2021 | 0.9% | -12.2% | 12.0% | 56.97% |
2020 | -1.9% | -14.1% | 289.8% | 28.33% |
2019 | 3.7% | -8.1% | 14.6% | 17.67% |
Total Return Ranking - Trailing
Period | GGNPX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 2.4% | -0.9% | 5.6% | 30.68% |
1 Yr | 12.2% | -5.9% | 33.6% | 33.33% |
3 Yr | 4.7%* | -5.5% | 9.3% | 38.40% |
5 Yr | 4.7%* | -6.6% | 37.5% | 20.00% |
10 Yr | N/A* | -1.9% | 19.3% | 46.89% |
* Annualized
Total Return Ranking - Calendar
Period | GGNPX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 12.8% | -12.0% | 30.3% | 38.26% |
2022 | -1.7% | -22.9% | 5.1% | 33.85% |
2021 | 4.7% | -10.2% | 19.4% | 47.01% |
2020 | 3.0% | -14.1% | 306.9% | 18.75% |
2019 | 9.4% | -3.6% | 23.8% | 8.62% |
NAV & Total Return History
GGNPX - Holdings
Concentration Analysis
GGNPX | Category Low | Category High | GGNPX % Rank | |
---|---|---|---|---|
Net Assets | 2.12 B | 35.9 M | 11.9 B | 22.68% |
Number of Holdings | 369 | 2 | 1605 | 40.29% |
Net Assets in Top 10 | 186 M | -191 M | 2.38 B | 34.07% |
Weighting of Top 10 | 9.44% | 5.2% | 100.8% | 84.56% |
Top 10 Holdings
- Goldman Sachs Financial Square Government Fund 2.48%
- Goldman Sachs Financial Square Government Fund 1.39%
- Invesco Senior Loan ETF 0.84%
- Vertical US Newco Inc Term Loan B 0.70%
- Jazz Financing Lux S.a.r.l. USD Term Loan 0.69%
- AppLovin Corporation 2023 Term Loan B 0.69%
- Luna III S.a r.l. 2021 EUR Term Loan B 0.67%
- Verisure Holding AB 2021 EUR Term Loan 0.67%
- SPDR Blackstone Senior Loan ETF 0.66%
- Delek US Holdings Inc 2022 Term Loan B 0.65%
Asset Allocation
Weighting | Return Low | Return High | GGNPX % Rank | |
---|---|---|---|---|
Bonds | 92.55% | 0.00% | 161.82% | 71.43% |
Stocks | 5.14% | 0.00% | 100.76% | 13.19% |
Cash | 2.44% | -61.90% | 18.85% | 68.86% |
Convertible Bonds | 0.08% | 0.00% | 5.51% | 38.75% |
Preferred Stocks | 0.00% | -3.99% | 6.42% | 79.49% |
Other | -0.14% | -52.39% | 26.58% | 95.60% |
Stock Sector Breakdown
Weighting | Return Low | Return High | GGNPX % Rank | |
---|---|---|---|---|
Utilities | 0.00% | 0.00% | 100.00% | 89.83% |
Technology | 0.00% | 0.00% | 100.00% | 85.17% |
Real Estate | 0.00% | 0.00% | 48.61% | 83.47% |
Industrials | 0.00% | 0.00% | 100.00% | 87.29% |
Healthcare | 0.00% | 0.00% | 100.00% | 83.05% |
Financial Services | 0.00% | 0.00% | 89.61% | 83.90% |
Energy | 0.00% | 0.00% | 100.00% | 34.75% |
Communication Services | 0.00% | 0.00% | 100.00% | 19.49% |
Consumer Defense | 0.00% | 0.00% | 100.00% | 38.14% |
Consumer Cyclical | 0.00% | 0.00% | 97.66% | 90.25% |
Basic Materials | 0.00% | 0.00% | 1.36% | 85.17% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | GGNPX % Rank | |
---|---|---|---|---|
US | 4.96% | -0.01% | 100.76% | 13.19% |
Non US | 0.19% | 0.00% | 0.68% | 4.40% |
Bond Sector Breakdown
Weighting | Return Low | Return High | GGNPX % Rank | |
---|---|---|---|---|
Corporate | 88.94% | 0.00% | 141.23% | 59.78% |
Cash & Equivalents | 1.44% | 0.00% | 25.03% | 69.23% |
Securitized | 0.91% | 0.00% | 91.68% | 33.95% |
Municipal | 0.00% | 0.00% | 0.47% | 68.63% |
Government | 0.00% | 0.00% | 3.18% | 73.06% |
Derivative | -0.14% | -8.79% | 1.12% | 97.07% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | GGNPX % Rank | |
---|---|---|---|---|
US | 88.93% | 0.00% | 144.71% | 58.97% |
Non US | 3.62% | 0.00% | 63.23% | 35.90% |
GGNPX - Expenses
Operational Fees
GGNPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.73% | 0.03% | 12.26% | 86.18% |
Management Fee | 0.54% | 0.00% | 1.89% | 17.50% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | 0.25% | 0.02% | 0.27% | 97.78% |
Sales Fees
GGNPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 1.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
GGNPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
GGNPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 26.00% | 4.00% | 180.00% | 7.36% |
GGNPX - Distributions
Dividend Yield Analysis
GGNPX | Category Low | Category High | GGNPX % Rank | |
---|---|---|---|---|
Dividend Yield | 8.38% | 0.00% | 10.89% | 34.16% |
Dividend Distribution Analysis
GGNPX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
GGNPX | Category Low | Category High | GGNPX % Rank | |
---|---|---|---|---|
Net Income Ratio | 3.40% | 1.77% | 9.82% | 60.82% |
Capital Gain Distribution Analysis
GGNPX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Feb 29, 2024 | $0.062 | OrdinaryDividend |
Jan 31, 2024 | $0.067 | OrdinaryDividend |
Dec 29, 2023 | $0.066 | OrdinaryDividend |
Nov 30, 2023 | $0.069 | OrdinaryDividend |
Oct 31, 2023 | $0.070 | OrdinaryDividend |
Sep 29, 2023 | $0.066 | OrdinaryDividend |
Aug 31, 2023 | $0.067 | OrdinaryDividend |
Jul 31, 2023 | $0.067 | OrdinaryDividend |
Jun 30, 2023 | $0.062 | OrdinaryDividend |
May 31, 2023 | $0.062 | OrdinaryDividend |
Apr 28, 2023 | $0.063 | OrdinaryDividend |
Mar 31, 2023 | $0.062 | OrdinaryDividend |
Feb 28, 2023 | $0.057 | OrdinaryDividend |
Jan 31, 2023 | $0.062 | OrdinaryDividend |
Dec 30, 2022 | $0.060 | DailyAccrualFund |
Dec 23, 2022 | $0.037 | DailyAccrualFund |
Nov 30, 2022 | $0.053 | DailyAccrualFund |
Oct 31, 2022 | $0.052 | DailyAccrualFund |
Sep 30, 2022 | $0.047 | DailyAccrualFund |
Aug 31, 2022 | $0.044 | DailyAccrualFund |
Jul 29, 2022 | $0.041 | DailyAccrualFund |
Jun 30, 2022 | $0.033 | DailyAccrualFund |
May 31, 2022 | $0.033 | DailyAccrualFund |
Apr 29, 2022 | $0.028 | DailyAccrualFund |
Mar 31, 2022 | $0.030 | DailyAccrualFund |
Feb 28, 2022 | $0.025 | DailyAccrualFund |
Jan 31, 2022 | $0.025 | DailyAccrualFund |
Dec 31, 2021 | $0.028 | DailyAccrualFund |
Dec 27, 2021 | $0.005 | DailyAccrualFund |
Nov 30, 2021 | $0.025 | DailyAccrualFund |
Oct 29, 2021 | $0.027 | DailyAccrualFund |
Sep 30, 2021 | $0.026 | DailyAccrualFund |
Aug 31, 2021 | $0.028 | DailyAccrualFund |
Jul 30, 2021 | $0.028 | DailyAccrualFund |
Jun 30, 2021 | $0.026 | DailyAccrualFund |
May 28, 2021 | $0.026 | DailyAccrualFund |
Apr 30, 2021 | $0.026 | DailyAccrualFund |
Mar 31, 2021 | $0.027 | DailyAccrualFund |
Feb 26, 2021 | $0.024 | DailyAccrualFund |
Jan 29, 2021 | $0.028 | DailyAccrualFund |
Dec 31, 2020 | $0.031 | DailyAccrualFund |
Nov 30, 2020 | $0.030 | DailyAccrualFund |
Oct 30, 2020 | $0.031 | DailyAccrualFund |
Sep 30, 2020 | $0.029 | DailyAccrualFund |
Aug 31, 2020 | $0.031 | DailyAccrualFund |
Jul 31, 2020 | $0.032 | DailyAccrualFund |
Jun 30, 2020 | $0.031 | DailyAccrualFund |
May 29, 2020 | $0.033 | DailyAccrualFund |
Apr 30, 2020 | $0.034 | DailyAccrualFund |
Mar 31, 2020 | $0.039 | DailyAccrualFund |
Feb 28, 2020 | $0.036 | DailyAccrualFund |
Jan 31, 2020 | $0.040 | DailyAccrualFund |
Dec 31, 2019 | $0.039 | DailyAccrualFund |
Nov 29, 2019 | $0.039 | DailyAccrualFund |
Oct 31, 2019 | $0.041 | DailyAccrualFund |
Sep 30, 2019 | $0.040 | DailyAccrualFund |
Aug 30, 2019 | $0.043 | DailyAccrualFund |
Jul 31, 2019 | $0.043 | DailyAccrualFund |
Jun 28, 2019 | $0.042 | OrdinaryDividend |
May 31, 2019 | $0.044 | DailyAccrualFund |
Apr 30, 2019 | $0.042 | DailyAccrualFund |
Mar 29, 2019 | $0.045 | DailyAccrualFund |
Feb 28, 2019 | $0.040 | DailyAccrualFund |
Jan 31, 2019 | $0.042 | DailyAccrualFund |
Dec 31, 2018 | $0.042 | DailyAccrualFund |
Nov 30, 2018 | $0.042 | DailyAccrualFund |
Oct 31, 2018 | $0.041 | DailyAccrualFund |
Aug 31, 2018 | $0.037 | DailyAccrualFund |
Jul 31, 2018 | $0.036 | DailyAccrualFund |
Jun 29, 2018 | $0.037 | DailyAccrualFund |
May 31, 2018 | $0.036 | DailyAccrualFund |
Apr 30, 2018 | $0.011 | DailyAccrualFund |
GGNPX - Fund Manager Analysis
Managers
Peter Campo
Start Date
Tenure
Tenure Rank
Mar 19, 2018
4.2
4.2%
Mr. Campo is a member of the High Yield and Bank Loans team. He joined Goldman Sachs Asset Management, L.P in 2018. Prior to joining Goldman Sachs Asset Management, L.P, he worked at Eaton Vance as a portfolio manager and research analyst.
Ashish Shah
Start Date
Tenure
Tenure Rank
Jan 29, 2021
1.33
1.3%
Mr. Shah is Co-Chief Investment Officer of Global Fixed Income, Global Head of Corporate Credit and Head of the Cross-Sector Strategy within Fixed Income. Mr. Shah joined Goldman Sachs Asset Management, L.P. in 2018. Mr. Shah was previously at AllianceBernstein from 2010 to 2018, where he was most recently the Head of Fixed Income and Chief Investment Officer of Global Credit. Prior to AB, he was a managing director and head of Global Credit Strategy at Barclays Capital (2008-2010). From 2003 to 2008, Shah was the head of Credit Strategy at Lehman Brothers.
Lori Pomerantz
Start Date
Tenure
Tenure Rank
Jan 29, 2021
1.33
1.3%
Mrs. Pomerantz is a Portfolio Manager on Goldman Sachs Asset Management, L.P. She joined the Goldman Sachs, initially in the Alternative Investments and Manager Selection (AIMS) business, where she spearheaded long only fixed income manager selection.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.09 | 21.18 | 6.0 | 3.25 |