Goldman Sachs High Yield Floating Rate Fund Class A (GFRAX)
| Fund Assets | 2.12B |
| Expense Ratio | 1.05% |
| Min. Investment | $1,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.70 |
| Dividend Yield | 7.74% |
| Dividend Growth | -5.40% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | n/a |
| Previous Close | 8.85 |
| YTD Return | 0.11% |
| 1-Year Return | 7.14% |
| 5-Year Return | 21.07% |
| 52-Week Low | n/a |
| 52-Week High | n/a |
| Beta (5Y) | 0.28 |
| Holdings | 414 |
| Inception Date | Mar 31, 2011 |
About GFRAX
The Fund's investment strategy focuses on Loan Participation with 1.04% total expense ratio. The minimum amount to invest in Goldman Sachs Trust: Goldman Sachs High Yield Floating Rate Fund; Class A Shares is $1,000 on a standard taxable account. Goldman Sachs Trust: Goldman Sachs High Yield Floating Rate Fund; Class A Shares seeks a high level of current income. GFRAX invests at least 80% of its net assets plus any borrowings for investment purposes in domestic or foreign floating rate loans and other floating or variable rate obligations.
Performance
GFRAX had a total return of 7.14% in the past year. Since the fund's inception, the average annual return has been 3.72%, including dividends.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FFHCX | Fidelity | Fidelity Series Floating Rate High Income Fund | n/a |
Top 10 Holdings
9.25% of assets| Name | Symbol | Weight |
|---|---|---|
| Goldman Sachs Financial Square Government Fund | FGTXX | 2.08% |
| Invesco Senior Loan ETF | BKLN | 1.26% |
| SPDR Blackstone Senior Loan ETF | SRLN | 1.25% |
| IRB Holding Corp 2024 Term Loan B | ARGIHC L 12.15.27 8 | 0.76% |
| TK Elevator US Newco Inc USD Term Loan B | THYELE L 04.30.30 10 | 0.69% |
| Verisure Holding AB 2021 EUR Term Loan | n/a | 0.67% |
| CQP Holdco LP 2024 Term Loan B | BLKCQP L 12.31.30 3 | 0.64% |
| Delek US Holdings Inc 2022 Term Loan B | n/a | 0.64% |
| Alterra Mountain Company 2024 Term Loan B4 | ALTMOU L 08.17.28 16 | 0.64% |
| APX Group Inc 2021 Term Loan B | VVNT L 07.10.28 3 | 0.62% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 31, 2024 | $0.0527 | Dec 31, 2024 |
| Nov 29, 2024 | $0.05403 | Nov 29, 2024 |
| Oct 31, 2024 | $0.05573 | Oct 31, 2024 |
| Sep 30, 2024 | $0.05694 | Sep 30, 2024 |
| Aug 30, 2024 | $0.06659 | Aug 30, 2024 |
| Jul 31, 2024 | $0.06328 | Jul 31, 2024 |