Goldman Sachs Core Fixed Income’s team is settling in after organizational changes and process refinements. While these changes are encouraging, the strategy has yet to prove an advantage over its peers. The strategy’s cheapest shares retain a Morningstar Analyst Rating of Neutral, while its more-expensive ones receive a Negative rating.
Will GCFIX 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 GCFIX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the GCFIX 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 GCFIX’s parent organization’s priorities and whether they’re in line with investors’ interests.