As Goldman Sachs Global Core Fixed Income’s managers settle into their roles, signs of improvement here include better integrated sector teams and process refinements designed to produce a more balanced and intentional portfolio than in the past. As those changes bear fruit, the strategy earns an upgrade of its Morningstar Analyst Rating to Neutral across all its share classes except its most expensive, which remains Negative.
Will GBIRX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable GBIRX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the GBIRX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of GBIRX’s parent organization’s priorities and whether they’re in line with investors’ interests.