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Goldman Sachs Core Fixed Income R GDFRX

Morningstar Analyst Rating
Analyst rating as of
NAV / 1-Day Return
10.88  /  0.27 %
Total Assets
2.1 Bil
Adj. Expense Ratio
0.960%
Expense Ratio
0.960%
Fee Level
Below Average
Longest Manager Tenure
12.21 years
Category
Intermediate Core Bond
Credit Quality / Interest Rate Sensitivity
Medium / Moderate
Min. Initial Investment
0
Status
Open
TTM Yield
1.51%
Effective Duration
6.56 years

USD | NAV as of Jun 16, 2021 | 1-Day Return as of Jun 16, 2021, 9:24 PM GMT+00:00

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Morningstar’s Analysis

Will GDFRX outperform in future?

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

Process Pillar

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

People Pillar

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The People Pillar is our evaluation of the GDFRX 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

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

Process refinements and recent team stability are encouraging, but the strategy has more to prove.

Senior Analyst

Summary

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Goldman Sachs Core Fixed Income's refined process and its team's recent stability are encouraging, but both need more time to demonstrate their edge over peers. The strategy's cheapest shares retain their Morningstar Analyst Rating of Neutral, while its three most expensive ones earn a Negative rating.

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