Goldman Sachs High Yield Instl
- GSHIX
- Price as of: Jan 19, 2021
-
$6.47
N/A N/A
- Primary Theme
- High Yield Bond
- Fund Company
- Goldman Sachs
- Share Class
GSHIX - Snapshot
Vitals
- YTD Return 0.2%
- 3 Yr Annualized Return 5.5%
- 5 Yr Annualized Return 7.2%
- Net Assets $2.21 B
- Holdings in Top 10 5.9%
52 WEEK LOW AND HIGH
$6.47
$5.00
$6.53
Expenses
OPERATING RELATED FEES
- Expense Ratio 0.77%
SALES FEES
- Front Load N/A
- Deferred Load N/A
BROKERAGE FEES
- Turnover 80.00%
TRADING FEES
- Max Redemption Fee 2.00%
Min Investment
- Standard (Taxable) $1,000,000
- IRA N/A
Fund Classification
-
Primary Theme
High Yield Bond
- Fund Type Open End Mutual Fund
- Investment Style High Yield Bond
GSHIX - Profile
Distributions
- YTD Total Return 0.2%
- 3 Yr Annualized Total Return 5.5%
- 5 Yr Annualized Total Return 7.2%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 5.55%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameGoldman Sachs High Yield Fund
-
Fund Family NameGoldman Sachs
-
Inception DateAug 01, 1997
-
Shares OutstandingN/A
-
Share ClassInst
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerRobert Magnuson
Fund Description
The fund normally invests at least 80% of its net assets plus any borrowings for investment purposes (measured at the time of purchase) ("Net Assets") in high-yield, fixed income securities that, at the time of purchase, are non-investment grade securities. It may invest up to 25% of its total assets in obligations of domestic and foreign issuers which are denominated in currencies other than the U.S. dollar and in securities of issuers located in emerging countries denominated in any currency.
GSHIX - Performance
Return Ranking - Trailing
| Period | GSHIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 0.2% | -1.2% | 1.7% | 73.81% |
| 1 Yr | 5.4% | -45.8% | 14.9% | 45.45% |
| 3 Yr | 5.5%* | -15.9% | 10.1% | 33.14% |
| 5 Yr | 7.2%* | -6.7% | 12.6% | 44.31% |
| 10 Yr | 5.8%* | 1.3% | 9.7% | 45.07% |
* Annualized
Return Ranking - Calendar
| Period | GSHIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2020 | -0.5% | -46.8% | 399.1% | 55.52% |
| 2019 | 9.1% | -10.3% | 226.1% | 21.47% |
| 2018 | -8.9% | -18.4% | -0.2% | 73.67% |
| 2017 | 0.6% | -9.5% | 18.8% | 69.33% |
| 2016 | 7.4% | -9.1% | 28.6% | 54.19% |
Total Return Ranking - Trailing
| Period | GSHIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 0.2% | -1.2% | 1.7% | 73.00% |
| 1 Yr | 5.4% | -45.8% | 14.9% | 37.02% |
| 3 Yr | 5.5%* | -15.9% | 10.1% | 28.49% |
| 5 Yr | 7.2%* | -6.7% | 12.6% | 37.94% |
| 10 Yr | 5.8%* | 1.3% | 9.7% | 42.05% |
* Annualized
Total Return Ranking - Calendar
| Period | GSHIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2020 | -0.5% | -46.8% | 399.1% | 55.52% |
| 2019 | 9.1% | -8.1% | 23.9% | 23.20% |
| 2018 | -8.9% | -18.4% | 1.3% | 79.15% |
| 2017 | 0.6% | -8.5% | 18.8% | 76.83% |
| 2016 | 7.4% | -9.1% | 39.0% | 63.64% |
NAV & Total Return History
GSHIX - Holdings
Concentration Analysis
| GSHIX | Category Low | Category High | GSHIX % Rank | |
|---|---|---|---|---|
| Net Assets | 2.21 B | 3.56 M | 28.5 B | 20.84% |
| Number of Holdings | 733 | 3 | 2239 | 12.80% |
| Net Assets in Top 10 | 119 M | -492 M | 3.1 B | 36.39% |
| Weighting of Top 10 | 5.85% | 2.7% | 100.0% | 95.49% |
Top 10 Holdings
- Kraft Heinz Foods Company 3% 0.82%
- Bausch Health Companies Inc 9.25% 0.79%
- DISH DBS Corporation 5.88% 0.63%
- CCO Holdings, LLC/ CCO Holdings Capital Corp. 5.75% 0.59%
- Sprint Capital Corporation 8.75% 0.58%
- Tenet Healthcare Corporation 8.12% 0.58%
- T-Mobile US, Inc. 7.88% 0.58%
- Clear Channel Worldwide Holdings Inc. 9.25% 0.58%
- 1011778 B.C. Unlimited Liability Company / New Red Finance, Inc. 5% 0.53%
- Occidental Petroleum Corporation 4.4% 0.52%
Asset Allocation
| Weighting | Return Low | Return High | GSHIX % Rank | |
|---|---|---|---|---|
| Bonds | 95.93% | 6.16% | 145.56% | 25.74% |
| Convertible Bonds | 2.24% | 0.00% | 18.92% | 41.91% |
| Cash | 1.76% | -48.94% | 75.30% | 70.08% |
| Preferred Stocks | 0.06% | 0.00% | 13.47% | 37.47% |
| Stocks | 0.01% | -28.46% | 30.63% | 72.51% |
| Other | 0.00% | -50.78% | 52.10% | 47.84% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | GSHIX % Rank | |
|---|---|---|---|---|
| Consumer Cyclical | 100.00% | 0.00% | 100.00% | 0.84% |
| Utilities | 0.00% | 0.00% | 99.28% | 45.78% |
| Technology | 0.00% | 0.00% | 99.99% | 38.19% |
| Real Estate | 0.00% | 0.00% | 100.00% | 40.51% |
| Industrials | 0.00% | 0.00% | 100.00% | 50.00% |
| Healthcare | 0.00% | 0.00% | 100.00% | 46.41% |
| Financial Services | 0.00% | 0.00% | 100.00% | 45.36% |
| Energy | 0.00% | 0.00% | 100.00% | 79.75% |
| Communication Services | 0.00% | 0.00% | 100.00% | 58.23% |
| Consumer Defense | 0.00% | 0.00% | 60.97% | 26.79% |
| Basic Materials | 0.00% | 0.00% | 100.00% | 50.00% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | GSHIX % Rank | |
|---|---|---|---|---|
| US | 0.01% | -28.07% | 21.00% | 69.00% |
| Non US | 0.00% | -0.39% | 14.70% | 47.30% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | GSHIX % Rank | |
|---|---|---|---|---|
| Corporate | 97.79% | 0.00% | 100.00% | 25.37% |
| Cash & Equivalents | 1.78% | 0.00% | 92.44% | 70.85% |
| Derivative | 0.31% | 0.00% | 51.02% | 14.04% |
| Government | 0.12% | 0.00% | 74.11% | 31.71% |
| Securitized | 0.00% | 0.00% | 93.82% | 65.59% |
| Municipal | 0.00% | 0.00% | 13.37% | 30.63% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | GSHIX % Rank | |
|---|---|---|---|---|
| US | 82.38% | 0.00% | 125.17% | 33.96% |
| Non US | 13.55% | -26.62% | 97.16% | 44.88% |
GSHIX - Expenses
Operational Fees
| GSHIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.77% | 0.03% | 20.43% | 71.03% |
| Management Fee | 0.69% | 0.00% | 1.84% | 78.70% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.00% | 0.50% | N/A |
Sales Fees
| GSHIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 2.00% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.50% | N/A |
Trading Fees
| GSHIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | 2.00% | 1.00% | 2.00% | 6.25% |
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.
| GSHIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 80.00% | 0.00% | 349.00% | 68.06% |
GSHIX - Distributions
Dividend Yield Analysis
| GSHIX | Category Low | Category High | GSHIX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 4.98% | 33.74% |
Dividend Distribution Analysis
| GSHIX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Monthly | Annually | Monthly | Monthly |
Net Income Ratio Analysis
| GSHIX | Category Low | Category High | GSHIX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 5.55% | -2.17% | 10.93% | 25.93% |
Capital Gain Distribution Analysis
| GSHIX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Dividend Payout History
| Date | Amount |
|---|---|
| Mar 29, 2019 | $0.030 |
| Feb 28, 2019 | $0.031 |
| Jan 31, 2019 | $0.031 |
| Dec 31, 2018 | $0.031 |
| Nov 30, 2018 | $0.030 |
| Oct 31, 2018 | $0.030 |
| Aug 31, 2018 | $0.029 |
| Jul 31, 2018 | $0.029 |
| Jun 29, 2018 | $0.029 |
| May 31, 2018 | $0.030 |
| Apr 30, 2018 | $0.029 |
| Mar 29, 2018 | $0.026 |
| Feb 28, 2018 | $0.029 |
| Jan 31, 2018 | $0.029 |
| Dec 29, 2017 | $0.029 |
| Nov 30, 2017 | $0.028 |
| Oct 31, 2017 | $0.028 |
| Sep 29, 2017 | $0.028 |
| Aug 31, 2017 | $0.029 |
| Jul 31, 2017 | $0.031 |
| Jun 30, 2017 | $0.031 |
| May 31, 2017 | $0.029 |
| Apr 28, 2017 | $0.031 |
| Mar 31, 2017 | $0.032 |
| Feb 28, 2017 | $0.030 |
| Jan 31, 2017 | $0.030 |
| Dec 30, 2016 | $0.029 |
| Nov 30, 2016 | $0.030 |
| Oct 31, 2016 | $0.030 |
| Sep 30, 2016 | $0.030 |
| Aug 31, 2016 | $0.030 |
| Jul 29, 2016 | $0.030 |
| Jun 30, 2016 | $0.030 |
| May 31, 2016 | $0.030 |
| Apr 29, 2016 | $0.030 |
| Mar 31, 2016 | $0.029 |
| Feb 29, 2016 | $0.030 |
| Jan 29, 2016 | $0.031 |
| Dec 31, 2015 | $0.032 |
| Nov 30, 2015 | $0.033 |
| Oct 30, 2015 | $0.032 |
| Sep 30, 2015 | $0.032 |
| Aug 31, 2015 | $0.033 |
| Jul 31, 2015 | $0.032 |
| Jun 30, 2015 | $0.032 |
| May 29, 2015 | $0.032 |
| Apr 30, 2015 | $0.032 |
| Mar 31, 2015 | $0.031 |
| Feb 27, 2015 | $0.031 |
| Jan 30, 2015 | $0.032 |
| Dec 31, 2014 | $0.034 |
| Nov 30, 2014 | $0.034 |
| Oct 31, 2014 | $0.034 |
| Sep 30, 2014 | $0.033 |
| Aug 29, 2014 | $0.033 |
| Jul 31, 2014 | $0.035 |
| Jun 30, 2014 | $0.035 |
| May 30, 2014 | $0.034 |
| Apr 30, 2014 | $0.034 |
| Mar 31, 2014 | $0.036 |
| Feb 28, 2014 | $0.037 |
| Jan 31, 2014 | $0.036 |
| Dec 31, 2013 | $0.039 |
| Nov 29, 2013 | $0.038 |
| Oct 31, 2013 | $0.039 |
| Sep 30, 2013 | $0.038 |
| Aug 30, 2013 | $0.039 |
| Jul 31, 2013 | $0.039 |
| Jun 28, 2013 | $0.039 |
| May 31, 2013 | $0.039 |
| Apr 30, 2013 | $0.040 |
| Mar 28, 2013 | $0.039 |
| Feb 28, 2013 | $0.041 |
| Jan 31, 2013 | $0.041 |
| Dec 31, 2012 | $0.041 |
| Nov 30, 2012 | $0.041 |
| Oct 31, 2012 | $0.038 |
| Sep 28, 2012 | $0.040 |
| Aug 31, 2012 | $0.040 |
| Jul 31, 2012 | $0.039 |
| Jun 29, 2012 | $0.038 |
| May 31, 2012 | $0.040 |
| Apr 30, 2012 | $0.041 |
| Mar 30, 2012 | $0.041 |
| Feb 29, 2012 | $0.040 |
| Jan 31, 2012 | $0.040 |
| Dec 30, 2011 | $0.041 |
| Nov 30, 2011 | $0.042 |
| Oct 31, 2011 | $0.043 |
| Sep 30, 2011 | $0.044 |
| Aug 31, 2011 | $0.046 |
| Jul 29, 2011 | $0.046 |
| Jun 30, 2011 | $0.047 |
| May 31, 2011 | $0.047 |
| Apr 29, 2011 | $0.047 |
| Mar 31, 2011 | $0.051 |
| Feb 28, 2011 | $0.048 |
| Jan 31, 2011 | $0.047 |
| Dec 31, 2010 | $0.047 |
| Nov 30, 2010 | $0.048 |
| Oct 29, 2010 | $0.047 |
| Sep 30, 2010 | $0.051 |
| Aug 31, 2010 | $0.048 |
| Jul 30, 2010 | $0.045 |
| Jun 30, 2010 | $0.049 |
| May 28, 2010 | $0.045 |
| Apr 30, 2010 | $0.045 |
| Mar 31, 2010 | $0.046 |
| Feb 26, 2010 | $0.046 |
| Jan 29, 2010 | $0.049 |
| Dec 31, 2009 | $0.065 |
| Nov 30, 2009 | $0.048 |
| Oct 30, 2009 | $0.048 |
| Sep 30, 2009 | $0.044 |
| Aug 31, 2009 | $0.044 |
| Jul 31, 2009 | $0.043 |
| Jun 30, 2009 | $0.045 |
| May 29, 2009 | $0.044 |
| Apr 30, 2009 | $0.044 |
| Mar 31, 2009 | $0.044 |
| Feb 27, 2009 | $0.046 |
| Jan 30, 2009 | $0.048 |
| Nov 28, 2008 | $0.048 |
| Oct 31, 2008 | $0.050 |
| Sep 30, 2008 | $0.051 |
| Aug 29, 2008 | $0.051 |
| Jul 31, 2008 | $0.050 |
| Jun 30, 2008 | $0.050 |
| May 30, 2008 | $0.049 |
| Apr 30, 2008 | $0.049 |
| Mar 31, 2008 | $0.049 |
| Feb 29, 2008 | $0.049 |
| Jan 31, 2008 | $0.051 |
| Dec 31, 2007 | $0.077 |
| Nov 30, 2007 | $0.051 |
| Oct 31, 2007 | $0.051 |
| Sep 28, 2007 | $0.051 |
| Aug 31, 2007 | $0.051 |
| Jul 31, 2007 | $0.051 |
| Jun 29, 2007 | $0.050 |
| May 31, 2007 | $0.050 |
| Apr 30, 2007 | $0.050 |
| Mar 30, 2007 | $0.050 |
| Feb 28, 2007 | $0.050 |
| Jan 31, 2007 | $0.053 |
| Dec 29, 2006 | $0.083 |
| Nov 30, 2006 | $0.053 |
| Oct 31, 2006 | $0.052 |
| Sep 29, 2006 | $0.052 |
| Aug 31, 2006 | $0.052 |
| Jul 31, 2006 | $0.051 |
| Jun 30, 2006 | $0.047 |
| May 31, 2006 | $0.047 |
| Apr 28, 2006 | $0.047 |
| Mar 31, 2006 | $0.051 |
| Feb 28, 2006 | $0.051 |
| Jan 31, 2006 | $0.051 |
| Nov 30, 2005 | $0.056 |
| Oct 31, 2005 | $0.056 |
| Sep 30, 2005 | $0.056 |
| Aug 31, 2005 | $0.056 |
| Jul 29, 2005 | $0.056 |
| Jun 30, 2005 | $0.056 |
| May 31, 2005 | $0.056 |
| Apr 29, 2005 | $0.056 |
| Mar 31, 2005 | $0.056 |
| Feb 28, 2005 | $0.056 |
| Jan 31, 2005 | $0.056 |
| Dec 31, 2004 | $0.023 |
| Nov 30, 2004 | $0.062 |
| Oct 29, 2004 | $0.062 |
| Sep 30, 2004 | $0.062 |
| Aug 31, 2004 | $0.062 |
| Jul 30, 2004 | $0.062 |
| Jun 30, 2004 | $0.070 |
| May 28, 2004 | $0.057 |
| Apr 30, 2004 | $0.057 |
| Mar 31, 2004 | $0.057 |
| Feb 27, 2004 | $0.065 |
| Jan 30, 2004 | $0.065 |
| Dec 31, 2003 | $0.057 |
| Nov 28, 2003 | $0.057 |
| Oct 31, 2003 | $0.057 |
| Sep 30, 2003 | $0.054 |
| Aug 29, 2003 | $0.054 |
| Jul 31, 2003 | $0.055 |
| Jun 30, 2003 | $0.054 |
| May 30, 2003 | $0.054 |
| Apr 30, 2003 | $0.054 |
| Mar 31, 2003 | $0.054 |
| Feb 28, 2003 | $0.057 |
| Jan 31, 2003 | $0.057 |
| Dec 31, 2002 | $0.057 |
| Nov 29, 2002 | $0.057 |
| Oct 31, 2002 | $0.057 |
| Sep 30, 2002 | $0.057 |
| Aug 30, 2002 | $0.057 |
| Jul 31, 2002 | $0.057 |
| Jun 28, 2002 | $0.057 |
| May 31, 2002 | $0.058 |
| Apr 30, 2002 | $0.061 |
| Mar 28, 2002 | $0.061 |
| Feb 28, 2002 | $0.061 |
| Jan 31, 2002 | $0.062 |
| Dec 31, 2001 | $0.062 |
| Nov 30, 2001 | $0.061 |
| Oct 31, 2001 | $0.061 |
| Sep 28, 2001 | $0.070 |
| Aug 31, 2001 | $0.070 |
| Jul 31, 2001 | $0.074 |
| Jun 29, 2001 | $0.074 |
| May 31, 2001 | $0.074 |
| Apr 30, 2001 | $0.074 |
| Mar 30, 2001 | $0.074 |
| Feb 28, 2001 | $0.074 |
| Jan 31, 2001 | $0.074 |
| Dec 29, 2000 | $0.074 |
| Nov 30, 2000 | $0.074 |
| Oct 31, 2000 | $0.074 |
| Sep 29, 2000 | $0.074 |
| Aug 31, 2000 | $0.074 |
| Jul 31, 2000 | $0.056 |
| Jun 30, 2000 | $0.074 |
| May 31, 2000 | $0.074 |
| Apr 28, 2000 | $0.074 |
| Mar 31, 2000 | $0.074 |
| Feb 29, 2000 | $0.070 |
| Jan 31, 2000 | $0.074 |
| Dec 31, 1999 | $0.171 |
| Nov 30, 1999 | $0.074 |
| Oct 29, 1999 | $0.073 |
| Sep 30, 1999 | $0.073 |
| Aug 31, 1999 | $0.073 |
| Jul 30, 1999 | $0.073 |
| Jun 30, 1999 | $0.072 |
| May 28, 1999 | $0.076 |
| Apr 30, 1999 | $0.074 |
| Mar 31, 1999 | $0.075 |
| Feb 26, 1999 | $0.068 |
| Jan 29, 1999 | $0.073 |
GSHIX - Fund Manager Analysis
Managers
Robert Magnuson
Start Date
Tenure
Tenure Rank
Jul 29, 2014
6.43
6.4%
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 |
|---|---|---|---|
| 0.02 | 36.38 | 6.61 | 1.5 |