About GSBFX
Goldman Sachs Income Builder Fund Class A is a multi-asset mutual fund focused on generating income while also seeking capital appreciation. The fund invests across a broad spectrum of asset types—including fixed income securities (bonds), high dividend-paying equities, preferred stocks, and similar instruments. Its primary objective is to provide regular income for investors, targeting a yield of approximately 4% and aiming for two-thirds the volatility of the S&P 500, blending the potential for steady payouts with moderate risk management. The fund is actively managed by Goldman Sachs’ multi-asset solutions team, which strategically allocates assets to balance income opportunities and capital growth. Its portfolio features a diversified mix with exposure to government securities, financial services, energy, and key large value sectors. With a moderately conservative allocation and a low distribution fee level, this vehicle plays a significant role in income-oriented investment strategies and is widely used by investors seeking a blend of stability, diversification, and income potential within a single fund structure.
Fund Family Goldman Sachs
Category Allocation--30% to 50% Equity
Performance Rating Above Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol GSBFX
Share Class Class A
Index Russell 1000 Value TR
GSBFX had a total return of 10.72% in the past year, including dividends. Since the fund's
inception, the average annual return has been 6.79%.
