GSHCX: Goldman Sachs High Yield C

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GSHCX Goldman Sachs High Yield C


Profile

GSHCX - Profile

Vitals

  • YTD Return 0.5%
  • 3 Yr Annualized Return -0.4%
  • 5 Yr Annualized Return -0.9%
  • Net Assets $2.33 B
  • Holdings in Top 10 7.9%

52 WEEK LOW AND HIGH

$6.52
$6.25
$6.52

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.85%

SALES FEES

  • Front Load N/A
  • Deferred Load 1.00%

BROKERAGE FEES

  • Turnover 59.00%

TRADING FEES

  • Max Redemption Fee 2.00%

Min Investment

  • Standard (Taxable) $1,000
  • IRA $250

Fund Classification


Distributions

  • YTD Total Return 0.5%
  • 3 Yr Annualized Total Return -0.4%
  • 5 Yr Annualized Total Return -0.9%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 4.53%
DIVIDENDS
  • Dividend Yield 0.8%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Goldman Sachs High Yield Fund
  • Fund Family Name
    Goldman Sachs
  • Inception Date
    Aug 15, 1997
  • Shares Outstanding
    N/A
  • Share Class
    C
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Rachel Golder

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Categories

Fund Company Quick Screens

GSHCX - Fund Company Quick Screens


Performance

GSHCX - Performance

Return Ranking - Trailing

Period GSHCX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.5% -0.8% 2.1% 44.09%
1 Yr 4.2% -1.3% 7.0% 31.81%
3 Yr -0.4%* -5.2% 1.8% 49.37%
5 Yr -0.9%* -4.5% 3.1% 67.44%
10 Yr -0.5%* -4.7% 2.5% 85.98%

* Annualized

Return Ranking - Calendar

Period GSHCX Return Category Return Low Category Return High Rank in Category (%)
2019 9.1% -0.2% 23.9% 20.96%
2018 -8.9% -17.1% -1.8% 80.68%
2017 0.6% -5.7% 4.8% 62.40%
2016 7.5% -5.3% 13.0% 51.61%
2015 -10.3% -20.6% 9.9% 74.06%

Total Return Ranking - Trailing

Period GSHCX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.5% -0.8% 2.1% 44.09%
1 Yr 4.2% -1.3% 7.0% 32.03%
3 Yr -0.4%* -5.2% 4.5% 65.06%
5 Yr -0.9%* -4.5% 5.1% 77.23%
10 Yr 0.2%* -4.7% 7.6% 68.69%

* Annualized

Total Return Ranking - Calendar

Period GSHCX Return Category Return Low Category Return High Rank in Category (%)
2019 9.1% -0.2% 23.9% 22.93%
2018 -8.9% -17.1% 0.4% 83.64%
2017 0.6% -5.1% 8.1% 72.12%
2016 7.5% -5.3% 20.7% 60.75%
2015 -10.3% -20.6% 11.7% 77.52%

NAV & Total Return History


Holdings

GSHCX - Holdings

Concentration Analysis

GSHCX Category Low Category High GSHCX % Rank
Net Assets 2.33 B 1.02 M 26.8 B 24.57%
Number of Holdings 613 5 1551 12.69%
Net Assets in Top 10 185 M -420 M 2.1 B 27.74%
Weighting of Top 10 7.90% 4.3% 378.7% 78.06%

Top 10 Holdings

  1. iShares iBoxx $ High Yield Corp Bd ETF 1.51%
  2. Sprint Corporation 7.88% 0.88%
  3. CCO Holdings, LLC/ CCO Holdings Capital Corp. 5.75% 0.75%
  4. Telecom Italia Capital S.A. 7.2% 0.72%
  5. Clear Channel Worldwide Holdings Inc. 9.25% 0.71%
  6. Valeant Pharmaceuticals International 9.25% 0.71%
  7. Community Health Systems Incorporated 5.12% 0.70%
  8. Tenet Healthcare Corporation 8.12% 0.69%
  9. Dell International L.L.C. and EMC Corporation 7.12% 0.63%
  10. Genesis Energy Lp 6% 0.60%

Asset Allocation

Weighting Return Low Return High GSHCX % Rank
Bonds
99.45% 82.79% 143.50% 4.52%
Convertible Bonds
0.53% 0.00% 4.64% 39.78%
Preferred Stocks
0.09% 0.00% 5.37% 36.34%
Stocks
0.00% -12.70% 9.17% 96.34%
Other
0.00% -11.17% 6.34% 91.40%
Cash
-0.07% -43.73% 23.76% 97.85%

Bond Sector Breakdown

Weighting Return Low Return High GSHCX % Rank
Corporate
99.00% 9.69% 100.00% 9.46%
Cash & Equivalents
0.56% -0.82% 49.29% 92.90%
Derivative
0.32% -0.02% 15.37% 15.70%
Government
0.11% 0.00% 35.67% 23.23%
Securitized
0.00% 0.00% 46.32% 96.13%
Municipal
0.00% 0.00% 2.95% 91.18%

Bond Geographic Breakdown

Weighting Return Low Return High GSHCX % Rank
US
84.31% 67.67% 118.63% 25.16%
Non US
15.14% 0.00% 29.53% 35.91%

Expenses

GSHCX - Expenses

Operational Fees

GSHCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.85% 0.13% 4.62% 11.71%
Management Fee 0.69% 0.00% 1.60% 86.15%
12b-1 Fee 0.75% 0.00% 1.00% 77.37%
Administrative Fee N/A 0.01% 0.30% N/A

Sales Fees

GSHCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.00% 5.75% N/A
Deferred Load 1.00% 1.00% 5.50% 92.65%

Trading Fees

GSHCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee 2.00% 1.00% 2.00% 69.64%

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.

GSHCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 59.00% 1.88% 1816.00% 66.02%

Distributions

GSHCX - Distributions

Dividend Yield Analysis

GSHCX Category Low Category High GSHCX % Rank
Dividend Yield 0.78% 0.00% 3.57% 64.30%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

GSHCX Category Low Category High GSHCX % Rank
Net Income Ratio 4.53% -0.01% 9.34% 79.22%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

GSHCX - Fund Manager Analysis

Managers

Rachel Golder


Start Date

Tenure

Tenure Rank

May 08, 2009

10.74

10.7%

Ms. Golder is a Co-Head of the High Yield and Bank Loans team. Ms. Golder joined the Investment Adviser in 1997 as a founder of the Investment Adviser’s High Yield team. Before joining Goldman Sachs Asset Management in 8/1/1997, she spent six years at Saudi International Bank (an affiliate of JP Morgan) as a high yield credit analyst and portfolio manager. Prior to that, Rachel was with Kleinwort Benson Ltd. for six years, proposing and managing investments in corporate loans. She received a BA in Music from Yale University in 1983.

Robert Magnuson


Start Date

Tenure

Tenure Rank

Jul 29, 2014

5.51

5.5%

Mr. Magnuson is a member of the High Yield portfolio management team specializing in credit research. Prior to joining the Goldman Sachs Asset Management, L.P. in 2006, he spent three and a half years as a sell-side high yield analyst at Merrill Lynch and two and a half years in the commercial lending group at Wells Fargo.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 35.46 6.44 1.08