Goldman Sachs High Yield Floating Rate Fund Class P (GGNPX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
8.87
0.00 (0.00%)
Jan 13, 2025, 11:24 AM EST
-0.45% (1Y)
| Fund Assets | 1.90B |
| Expense Ratio | 0.76% |
| Min. Investment | $1,000 |
| Turnover | 29.00% |
| Dividend (ttm) | 0.73 |
| Dividend Yield | 8.23% |
| Dividend Growth | -5.36% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Dec 31, 2024 |
| Previous Close | 8.87 |
| YTD Return | 0.11% |
| 1-Year Return | 8.05% |
| 5-Year Return | 24.70% |
| 52-Week Low | 8.82 |
| 52-Week High | 8.93 |
| Beta (5Y) | n/a |
| Holdings | 414 |
| Inception Date | Apr 20, 2018 |
About GGNPX
The fund normally invests at least 80% of its net assets plus any borrowings for investment purposes (measured at the time of purchase) ("Net Assets") in domestic or foreign floating rate loans and other floating or variable rate obligations rated below investment grade. It may invest up to 20% of its net assets in fixed income instruments, of any credit rating, including fixed rate corporate bonds, government bonds, convertible debt obligations, and mezzanine fixed income instruments.
Fund Family Goldman Sachs
Category Bank Loan
Performance Rating Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol GGNPX
Index Index is not available on Lipper Database
Performance
GGNPX had a total return of 8.05% in the past year. Since the fund's inception, the average annual return has been 4.41%, 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 | $0.055 | Dec 31, 2024 |
| Nov 29, 2024 | $0.05627 | Nov 29, 2024 |
| Oct 31, 2024 | $0.05803 | Oct 31, 2024 |
| Sep 30, 2024 | $0.05917 | Sep 30, 2024 |
| Aug 30, 2024 | $0.06891 | Aug 30, 2024 |
| Jul 31, 2024 | $0.06594 | Jul 31, 2024 |