3 Goldman Sachs Mutual Funds That Deserve Your Attention

view original post

Goldman Sachs Asset Management (GSAM) is a world-renowned company, providing investment management, portfolio design and advisory services to individual and institutional investors worldwide since 1988. Its strategies span asset classes, industries and geographies. As of Jun 30, 2022, GSAM had $1.82 trillion in assets under supervision worldwide.

The fund has more than 2,000 professionals across 31 offices worldwide. The company has a team of more than 800 investment professionals who capitalize on Goldman Sachs technology, risk-management skills and market insights. It offers investment solutions, including fixed income, money markets, public equity, commodities, hedge funds, private equity, and real estate through proprietary strategies, strategic partnerships and open architecture programs.

Below, we share with you three top-ranked Goldman Sachs mutual funds, namely Goldman Sachs Large Cap Growth Insights Fund Investor Class GLCTX, Goldman Sachs Flexible Cap Fund GFCUX and Goldman Sachs U.S. Equity Dividend and Premium Fund GSPAX. Each has earned a Zacks Mutual Fund Rank #1 (Strong Buy) and is expected to outperform its peers in the future. Investors can click here to see the complete list of funds.

Goldman Sachs Large Cap Growth Insights Fund Investor Class seeks long-term capital growth, along with dividend income, by investing most of its net assets in issues of large-cap domestic or foreign stocks that are traded in the United States. GLCTX may also invest in fixed-income securities that are cash equivalents.

Goldman Sachs Large Cap Growth Insights Fund Investor Class has three-year annualized returns of 10.1%. As of July 2022, GLCTX held 125 issues, with 11.7% of its assets invested in Microsoft.

Goldman Sachs Flexible Cap Fund seeks long-term capital appreciation by investing themajority of its net assets for investment in equities of small, mid, or large-cap publicly traded securities in the United States. GFCUX can also invest a small portion of its assets in foreign or emerging market securities quoted in foreign currencies.

Goldman Sachs Flexible Cap Fund has three-year annualized returns of 11.9%. GFCUX has an expense ratio of 0.58% compared with the category average of 0.99%.

Goldman Sachs U.S. Equity Dividend and Premium Fund seeks to maximize income and total return by investing the majority of its net assets in dividend-paying equity investments in large-cap U.S. companies with market-cap within the range of the S&P 500 Index at the time of investment.

Goldman Sachs U.S. Equity Dividend and Premium Fund has three-year annualized returns of 8.2%. Monali Vora has been one of the fund managers of GSPAX since 2010.

To view the Zacks Rank and the past performance of all Goldman Sachs mutual funds, investors can click here to see the complete list of Goldman Sachs mutual funds.

Want key mutual fund info delivered straight to your inbox?

Zacks’ free Fund Newsletter will brief you on top news and analysis, as well as top-performing mutual funds, each week. Get it free >>

View All Zacks #1 Ranked Mutual Funds

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

Get Your Free (GLCTX): Fund Analysis Report

Get Your Free (GSPAX): Fund Analysis Report

Get Your Free (GFCUX): Fund Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research