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Morningstar

Goldman Sachs High Yield Fl Rate A GFRAX

Morningstar Medalist Rating
Medalist Rating as of | See Goldman Sachs Investment Hub
  • NAV / 1-Day Return 8.89  /  +0.02 %
  • Total Assets 2.0 Bil
  • Adj. Expense Ratio
    1.070%
  • Expense Ratio 1.070%
  • Distribution Fee Level High
  • Share Class Type Front Load
  • Category Bank Loan
  • Credit Quality / Interest Rate Sensitivity Low/Limited
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 8.46%
  • Effective Duration 0.13 years

USD | NAV as of May 01, 2024 | 1-Day Return as of May 01, 2024, 10:14 PM GMT+0

Morningstar’s Analysis GFRAX

Will GFRAX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable GFRAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the GFRAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of GFRAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

The combination of an Average People Pillar rating and a Below Average Process Pillar rating limit Goldman Sachs High Yield Fl Rate A to a Morningstar Medalist Rating of Negative.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-costliest quintile among peers.

by Morningstar Manager Research
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Portfolio Holdings GFRAX

More GFRAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 6.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Us Dollar

125.66 2.5 Bil
Cash and Equivalents

Goldman Sachs FS Government Instl

5.07 102.7 Mil
Cash and Equivalents

SPDR Blackstone Senior Loan ETF

0.98 19.9 Mil
—

Invesco Senior Loan ETF

0.81 16.5 Mil
—

Tk Elevator Midco Gmbh -- 0.00 04/30/2030 Fullyfunded

0.68 13.8 Mil
—

CQP HOLDCO LP (AKA BIP-V CHIN) -- 8.30 12/31/2030 FULLYFUNDED

0.65 13.1 Mil
Corporate

Luna Iii S.A R.L. -- 8.11 10/23/2028 Fullyfunded

0.64 13.0 Mil
—

Verisure Holding Ab -- 6.90 03/27/2028 Fullyfunded

0.64 12.9 Mil
—

DELEK US HOLDINGS, INC. -- 8.93 11/19/2029 FULLYFUNDED

0.63 12.9 Mil
Corporate

Applovin Corporation -- 7.83 08/16/2030 Fullyfunded

0.63 12.8 Mil
—