Goldman Sachs Bond’s refined process and its team’s recent stability are encouraging, but both need more time to demonstrate their edge over peers. The strategy retains its Morningstar Analyst Rating of Neutral across all its share classes except its most expensive one, which earns a Negative.
Will GSFAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable GSFAX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the GSFAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of GSFAX’s parent organization’s priorities and whether they’re in line with investors’ interests.