GSCNX: Goldman Sachs Income Fund - MutualFunds.com

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GSCNX - Snapshot

Vitals

  • YTD Return 1.4%
  • 3 Yr Annualized Return N/A
  • 5 Yr Annualized Return N/A
  • Net Assets $73.7 M
  • Holdings in Top 10 14.5%

52 WEEK LOW AND HIGH

$10.23
$8.18
$10.33

Expenses

OPERATING RELATED FEES

  • Expense Ratio 3.12%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 110.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $0
  • IRA N/A

Fund Classification


Compare GSCNX to Popular Bond Sector Diversified Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$11.75

0.00%

$125.18 B

5.67%

$0.67

-2.41%

1.09%

$10.10

0.00%

$32.57 B

3.48%

$0.35

1.30%

0.74%

$8.08

-0.12%

$18.31 B

4.03%

$0.33

-0.62%

0.79%

$9.76

-0.10%

$17.55 B

6.71%

$0.66

-8.96%

0.92%

$12.41

0.00%

$15.03 B

3.51%

$0.44

1.06%

0.97%

GSCNX - Profile

Distributions

  • YTD Total Return 1.4%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 3.13%
DIVIDENDS
  • Dividend Yield 0.2%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Goldman Sachs Income Fund
  • Fund Family Name
    Goldman Sachs
  • Inception Date
    Dec 03, 2019
  • Shares Outstanding
    N/A
  • Share Class
    Retirement
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Ashish Shah

Fund Description

The fund invests in a multi-sector portfolio of U.S. and foreign investment grade and non-investment grade fixed income investments of varying maturities. It may invest up to 35% of its total assets measured at the time of purchase in sovereign and corporate debt securities and other instruments of issuers in emerging market countries. The fund may invest up to 10% of its total assets in privately issued corporate debt securities and other obligations issued by private companies.


GSCNX - Performance

Return Ranking - Trailing

Period GSCNX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.4% -38.9% 302.3% 30.52%
1 Yr N/A -30.9% 18.8% N/A
3 Yr N/A* -11.8% 8.1% N/A
5 Yr N/A* -15.5% 10.9% N/A
10 Yr N/A* -1.4% 11.8% N/A

* Annualized

Return Ranking - Calendar

Period GSCNX Return Category Return Low Category Return High Rank in Category (%)
2019 N/A -35.1% 15.3% N/A
2018 N/A -48.0% 3.1% N/A
2017 N/A -14.8% 11.2% N/A
2016 N/A -11.2% 10.7% N/A
2015 N/A -51.1% 4.8% N/A

Total Return Ranking - Trailing

Period GSCNX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.4% -38.9% 302.3% 30.80%
1 Yr N/A -33.3% 18.8% N/A
3 Yr N/A* -13.6% 8.1% N/A
5 Yr N/A* -16.5% 10.9% N/A
10 Yr N/A* -1.4% 11.8% N/A

* Annualized

Total Return Ranking - Calendar

Period GSCNX Return Category Return Low Category Return High Rank in Category (%)
2019 N/A -35.1% 15.3% N/A
2018 N/A -48.0% 8.0% N/A
2017 N/A -14.8% 15.2% N/A
2016 N/A -11.2% 17.7% N/A
2015 N/A -51.1% 5.4% N/A

NAV & Total Return History


GSCNX - Holdings

Concentration Analysis

GSCNX Category Low Category High GSCNX % Rank
Net Assets 73.7 M 2.71 M 125 B 83.76%
Number of Holdings 418 3 7722 49.30%
Net Assets in Top 10 7.59 M -3.22 B 29.7 B 81.74%
Weighting of Top 10 14.52% 4.9% 100.0% 77.57%

Top 10 Holdings

  1. Federal National Mortgage Association 5% 2.09%
  2. Government National Mortgage Association 4.5% 2.04%
  3. Government National Mortgage Association 2.5% 2.01%
  4. Federal National Mortgage Association 2.5% 1.99%
  5. Goldman Sachs FS Government Instl 1.65%
  6. CIT Group, Inc. 3.93% 1.07%
  7. NFP Corp. 8% 0.99%
  8. NWD FINANCE (BVI) LTD 0.98%
  9. NWD FINANCE (BVI) LTD 0.98%
  10. NWD FINANCE (BVI) LTD 0.98%

Asset Allocation

Weighting Return Low Return High GSCNX % Rank
Bonds
92.76% -256.79% 258.37% 37.74%
Cash
4.34% -164.01% 356.79% 56.88%
Convertible Bonds
2.86% -0.08% 160.39% 33.43%
Preferred Stocks
0.04% 0.00% 28.52% 43.54%
Stocks
0.00% -65.68% 160.07% 70.19%
Other
0.00% -14.86% 100.67% 46.91%

Bond Sector Breakdown

Weighting Return Low Return High GSCNX % Rank
Corporate
68.95% 0.00% 99.47% 12.78%
Government
11.61% 0.00% 99.16% 45.37%
Securitized
8.16% 0.00% 98.82% 68.40%
Derivative
7.38% 0.00% 68.51% 21.35%
Cash & Equivalents
3.90% 0.00% 100.00% 71.35%
Municipal
0.00% 0.00% 41.64% 53.23%

Bond Geographic Breakdown

Weighting Return Low Return High GSCNX % Rank
US
61.71% -256.79% 241.12% 61.94%
Non US
31.05% -23.27% 123.13% 24.72%

GSCNX - Expenses

Operational Fees

GSCNX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 3.12% 0.01% 24.26% 7.28%
Management Fee 0.55% 0.00% 2.25% 32.84%
12b-1 Fee 0.50% 0.00% 1.00% 62.56%
Administrative Fee N/A 0.01% 0.70% N/A

Sales Fees

GSCNX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 6.50% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

GSCNX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.40% 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.

GSCNX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 110.00% 0.00% 493.00% 63.30%

GSCNX - Distributions

Dividend Yield Analysis

GSCNX Category Low Category High GSCNX % Rank
Dividend Yield 0.23% 0.00% 6.29% 7.87%

Dividend Distribution Analysis

GSCNX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annually Monthly Monthly

Net Income Ratio Analysis

GSCNX Category Low Category High GSCNX % Rank
Net Income Ratio 3.13% -1.55% 18.14% 65.99%

Capital Gain Distribution Analysis

GSCNX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Dividend Payout History

View More +

GSCNX - Fund Manager Analysis

Managers

Ashish Shah


Start Date

Tenure

Tenure Rank

Dec 03, 2019

0.83

0.8%

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), where he was responsible for the High Grade, High Yield, Structured Credit and Municipal Strategy groups and the Special Situations Research team. From 2003 to 2008, Shah was the head of Credit Strategy at Lehman Brothers, leading the Structured Credit/CDO and Credit Strategy groups and covering the cash bond, credit derivatives and CDO product areas for global credit investors. He holds a BS in economics from the Wharton School of the University of Pennsylvania.

Ronald Arons


Start Date

Tenure

Tenure Rank

Dec 03, 2019

0.83

0.8%

Mr. Arons joined the Investment Adviser as a fixed income portfolio manager in 2010. From 1994 to 2010 he was a portfolio manager at J.P. Morgan Asset Management. Ronald holds a B.B.A. in accounting from George Washington University and an M.B.A. in finance from New York University. He is a CFA charterholder.

Aakash Thombre


Start Date

Tenure

Tenure Rank

Jul 29, 2020

0.17

0.2%

Mr. Thombre is a portfolio manager specializing in multi-sector credit, high yield, bank loan, and emerging market corporate debt. He joined the Goldman Sachs Asset Management in 2007.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.01 29.4 5.45 1.53