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 Instl GSBIX
NAV / 1-Day Return
26.47
/
0.56
%
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.
0.480%
Expense Ratio
0.480%
Fee Level
Low
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
3.24%
Turnover
47%
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Morningstar’s Analysis
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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.
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Process Pillar
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Parent Pillar
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Goldman Adds an Experienced Hire to its Multi-Asset Team; Ratings Unchanged
