About GGISX
The Goldman Sachs Global Core Fixed Income Fund Service Shares is a diversified, actively managed mutual fund focused on global fixed income securities. Its primary function is to seek total return through a mix of capital appreciation and income by investing predominantly in a wide array of fixed income instruments from both U.S. and international issuers, including exposure to securities denominated in various currencies. The fund dynamically allocates assets across sectors and geographies, and its portfolio may incorporate investment-grade government and corporate bonds, as well as select holdings from emerging markets. Currency strategies, such as forward and swap contracts, are employed to manage global exposures and hedge against foreign exchange risks.
This fund is managed by a team of experienced portfolio managers at Goldman Sachs, who adjust allocations based on macroeconomic outlook, credit quality, and interest rate trends. It is classified within the Global Bond-USD Hedged category, indicating that a substantial portion of its non-U.S. dollar investments is hedged back to the U.S. dollar, which can help reduce currency volatility. The fund serves institutional and individual investors seeking diversified global bond market exposure, aiming to provide a balance of income and moderate risk within a single portfolio.
Fund Family Goldman Sachs
Category World Bond-USD Hedged
Performance Rating Below Average
Risk Rating Above Average
Stock Exchange Nasdaq
Ticker Symbol GGISX
Share Class Service
Index Bloomberg Global Aggregate TR USD Hedged
GGISX had a total return of -0.76% in the past year, including dividends. Since the fund's
inception, the average annual return has been 2.99%.
