Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the highest quintile among peers.
Goldman Sachs Long Shrt Crdt Strats C GSAVX
- NAV / 1-Day Return 7.83 / +0.40 %
- Total Assets 42.9 Mil
-
Adj. Expense Ratio
- Expense Ratio 1.700%
- Distribution Fee Level Above Average
- Share Class Type Level Load
- Category Nontraditional Bond
- Credit Quality / Interest Rate Sensitivity —
- Min. Initial Investment 1,000
- Status Open
- TTM Yield 4.99%
- Effective Duration —
USD | NAV as of Apr 23, 2024 | 1-Day Return as of Apr 23, 2024, 10:14 PM GMT+0
Morningstar’s Analysis GSAVX
Will GSAVX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 8.2
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Bx003132 Cds Usd R V 03mevent | 20.26 | 8.9 Mil | Derivative |
Goldman Sachs FS Government Instl | 5.96 | 2.6 Mil | Cash and Equivalents |
Br225668 Irs Usd R V 00msofr | 5.12 | 2.3 Mil | Government |
Us Dollar | 3.93 | 1.7 Mil | Cash and Equivalents |
Match Group Holdings II LLC 4.125% | 1.22 | 536,782 | Corporate |
Titan Acquisition Limited / Titan Co-Borrower LLC 7.75% | 0.96 | 421,577 | Corporate |
APi Group DE Inc 4.125% | 0.88 | 385,038 | Corporate |
CCO Holdings, LLC/ CCO Holdings Capital Corp. 4.75% | 0.87 | 384,191 | Corporate |
ViaSat, Inc. 5.625% | 0.77 | 340,327 | Corporate |
DRW HOLDINGS LLC | 0.72 | 317,704 | Corporate |