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.
Goldman Sachs Core Fixed Income Svc GSCSX
NAV / 1-Day Return
11.00
/
0.38
%
Total Assets
2.1 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.
0.880%
Expense Ratio
0.880%
Fee Level
High
Longest Manager Tenure
12.22
years
Category
Intermediate Core Bond
Credit Quality / Interest Rate Sensitivity
Medium / ModerateMin. Initial Investment
0
Status
Open
TTM Yield
1.59%
Effective Duration
6.56
years
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 GSCSX 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 GSCSX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the GSCSX 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 GSCSX’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.
