Goldman Sachs announced that Alexandra Wilson-Elizondo joined the firm’s multi-asset group on Nov. 22, 2021. She will become a portfolio manager for the Goldman Sachs Income Builder fund, joining a crowded roster that will have six named managers. Wilson-Elizondo will also contribute ideas to the firm’s growing suite of model portfolios. The Morningstar Analyst Ratings for all strategies affected remain unchanged.
Goldman Sachs Income Builder Inv GKIRX
NAV / 1-Day Return
26.38
/
0.57
%
Total Assets
2.4 Bil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
0.560%
Expense Ratio
0.560%
Fee Level
Below Average
Longest Manager Tenure
8.99
years
Category
Allocation--30% to 50% Equity
Investment Style
Large ValueCredit Quality / Interest Rate Sensitivity
Low / LimitedStatus
Open
TTM Yield
3.17%
Turnover
47%
Premium
Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will GKIRX 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 GKIRX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the GKIRX 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 GKIRX’s parent organization’s priorities and whether they’re in line with investors’ interests.
Goldman Adds an Experienced Hire to its Multi-Asset Team; Ratings Unchanged
