Goldman Sachs Income Builder’s management team hasn’t executed this high-yield-heavy approach for long, which keeps its Morningstar Analyst Rating at Neutral on most share classes and earns a Negative rating on its more expensive C shares.
Goldman Sachs Income Builder Instl GSBIX
NAV / 1-Day Return
26.30
/
0.80
%
Total Assets
2.0 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.
0.490%
Expense Ratio
0.490%
Fee Level
Low
Longest Manager Tenure
8.09
years
Category
Allocation--30% to 50% Equity
Investment Style
Large ValueCredit Quality / Interest Rate Sensitivity
Low / LimitedStatus
Open
TTM Yield
3.32%
Turnover
46%
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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 GSBIX 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 GSBIX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the GSBIX 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 GSBIX’s parent organization’s priorities and whether they’re in line with investors’ interests.
Stabilizing, but not there, yet.
