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 Satellite Strategies A GXSAX
NAV / 1-Day Return
8.87
/
0.22
%
Total Assets
125.2 Mil
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.
1.380%
Expense Ratio
1.380%
Fee Level
High
Longest Manager Tenure
2.91
years
Category
World Allocation
Investment Style
Large BlendCredit Quality / Interest Rate Sensitivity
Low / ModerateStatus
Open
TTM Yield
3.44%
Turnover
5%
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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.
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Process Pillar
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The People Pillar is our evaluation of the GXSAX 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 GXSAX’s parent organization’s priorities and whether they’re in line with investors’ interests.
Goldman Adds an Experienced Hire to its Multi-Asset Team; Ratings Unchanged
