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) | 0.67 |
| Dividend Yield | 7.48% |
| Dividend Growth | -11.08% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Feb 28, 2025 |
| Previous Close | 8.79 |
| YTD Return | -0.05% |
| 1-Year Return | 5.37% |
| 5-Year Return | 33.32% |
| 52-Week Low | n/a |
| 52-Week High | n/a |
| Beta (5Y) | 0.28 |
| Holdings | 399 |
| 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 5.37% in the past year. Since the fund's inception, the average annual return has been 3.66%, including dividends.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| undefined | Fidelity | Fidelity Series Floating Rate High Income Fund | n/a |
Top 10 Holdings
10.08% of assets| Name | Symbol | Weight |
|---|---|---|
| Goldman Sachs Financial Square Government Fund | FGTXX | 2.42% |
| SPDR Blackstone Senior Loan ETF | SRLN | 2.04% |
| Invesco Senior Loan ETF | BKLN | 1.02% |
| TK Elevator US Newco Inc USD Term Loan B | THYELE L 04.30.30 10 | 0.73% |
| Illuminate Buyer LLC 2024 1st Lien Term Loan B | n/a | 0.70% |
| Delek US Holdings Inc 2022 Term Loan B | DK L 11.19.29 6 | 0.68% |
| McAfee LLC 2024 USD 1st Lien Term Loan B | MCFE L 03.01.29 7 | 0.65% |
| DG Investment Intermediate Holdings 2 Inc 2021 Term Loan | CONGNT L 03.31.28 8A | 0.62% |
| Clydesdale Acquisition Holdings Inc Term Loan B | NOVHOL L 04.13.29 1 | 0.62% |
| ConnectWise LLC 2021 Term Loan B | CONNEC L 09.29.28 2 | 0.61% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Feb 28, 2025 | $0.04313 | Feb 28, 2025 |
| Jan 31, 2025 | $0.04645 | Jan 31, 2025 |
| 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 |