Goldman Sachs Investment Grd Crdt P (GGBPX)
| Fund Assets | 661.33M |
| Expense Ratio | 0.37% |
| Min. Investment | $1,000,000 |
| Turnover | 42.00% |
| Dividend (ttm) | 0.39 |
| Dividend Yield | 4.68% |
| Dividend Growth | 5.68% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 8.24 |
| YTD Return | 4.86% |
| 1-Year Return | 1.65% |
| 5-Year Return | -1.48% |
| 52-Week Low | 7.78 |
| 52-Week High | 8.34 |
| Beta (5Y) | n/a |
| Holdings | 476 |
| Inception Date | Apr 20, 2018 |
About GGBPX
Goldman Sachs Investment Grade Credit Fund Class P is a mutual fund focused on providing a high level of total return through a combination of capital appreciation and income. Its primary strategy is to invest in a diversified portfolio of investment grade debt securities, mainly corporate bonds and, to a lesser extent, U.S. government and agency securities. The fund invests primarily in bonds that are rated BBB– or higher by Standard & Poor’s or equivalent agencies, targeting issuers with strong credit quality. Designed to track the risk-and-return characteristics of the Bloomberg U.S. Credit Index, the fund maintains a target duration that aligns closely with this benchmark, aiming to efficiently manage interest rate risk within investment grade corporate bonds. Notable holdings include securities issued by major financial institutions and corporations, as well as a small allocation to other fixed income instruments. By offering exposure to high-quality credit markets, the fund serves investors seeking relative stability and steady income from fixed income allocations, and plays a key role in diversified portfolios that emphasize credit quality with moderate risk exposure.
Performance
GGBPX had a total return of 1.65% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.03%.
Top 10 Holdings
10.81% of assets| Name | Symbol | Weight |
|---|---|---|
| Goldman Sachs Financial Square Government Fund | FGTXX | 1.65% |
| Intercontinental Exchange, Inc. - Long: SX003151 CDS USD R F 1.00000 2 CCPCDX / Short: SX003151 CDS USD P V 03MEVENT 1 CCPCDX | n/a | 1.19% |
| JPMorgan Chase & Co | JPM.V4.586 04.26.33 | 1.12% |
| CHARTER COMM OPT LLC/CAP - Charter Communications Operating LLC / Charter Communications Operating Capital | CHTR.4.2 03.15.28 | 1.03% |
| Barclays PLC | BACR.4.836 05.09.28 | 1.02% |
| Morgan Stanley | MS.V5.449 07.20.29 | 1.01% |
| CVS Health Corp | CVS.4.78 03.25.38 | 1.00% |
| Crown Castle Inc | CCI.4 03.01.27 | 0.95% |
| HCA Inc | HCA.3.5 09.01.30 | 0.93% |
| Ford Motor Credit Co LLC | F.6.95 06.10.26 | 0.89% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 29, 2025 | $0.03229 | Aug 29, 2025 |
| Jul 31, 2025 | $0.03259 | Jul 31, 2025 |
| Jun 30, 2025 | $0.03269 | Jun 30, 2025 |
| May 30, 2025 | $0.03275 | May 30, 2025 |
| Apr 30, 2025 | $0.03221 | Apr 30, 2025 |
| Mar 31, 2025 | $0.03299 | Mar 31, 2025 |