A recent change to the management roster means it will take some time to develop confidence in this team. Goldman Sachs Emerging Markets Debt retains its current Morningstar Analyst Rating of Neutral for all share classes.
Goldman Sachs Emerging Markets Dbt A GSDAX
NAV / 1-Day Return
12.28
/
0.32
%
Total Assets
1.3 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.
1.170%
Expense Ratio
1.170%
Fee Level
Average
Longest Manager Tenure
17.36
years
Category
Emerging Markets Bond
Credit Quality / Interest Rate Sensitivity
Low / ExtensiveMin. Initial Investment
1,000
Status
Open
TTM Yield
3.40%
Effective Duration
7.74
years
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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 GSDAX 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 GSDAX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the GSDAX 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 GSDAX’s parent organization’s priorities and whether they’re in line with investors’ interests.
Recent changes to the team and process keep our assessment on the cautious side.
