About GGXPX
Goldman Sachs Global Core Fixed Income Fund – Class P is an actively managed mutual fund focused on global, multi-sector fixed income. Its stated objective is to deliver a total return composed of capital appreciation and income, allocating investments primarily to bonds across government, corporate, securitized, and emerging markets within a diversified core strategy. The fund typically invests at least 80% of net assets in fixed income securities, employing broad sector allocation and credit selection to balance income generation with risk management. Portfolio characteristics reported by independent research include an intermediate interest rate profile, with a modified duration in the mid-single digits and an average credit quality around the A tier, aligning the fund with core bond categories. Designed as a foundational fixed income holding, it seeks to provide global diversification, interest rate exposure, and credit spread opportunities that complement equity and cash allocations in multi-asset portfolios. Investors use this fund to anchor bond exposure while accessing Goldman Sachs Asset Management’s research, risk controls, and multi-sector allocation framework.
Fund Family Goldman Sachs
Category World Bond-USD Hedged
Performance Rating Average
Risk Rating Above Average
Stock Exchange Nasdaq
Ticker Symbol GGXPX
Share Class Class P Shares
Index Bloomberg Global Aggregate TR USD Hedged
GGXPX had a total return of -0.17% in the past year, including dividends. Since the fund's
inception, the average annual return has been 2.14%.
