About GSGAX
Goldman Sachs Investment Grade Credit Fund Class A is a mutual fund focused on providing capital preservation and appreciation through diversified exposure to investment-grade fixed income securities. Managed by Goldman Sachs, the fund primarily invests in a broad mix of U.S. dollar-denominated, investment-grade corporate bonds, along with allocations to U.S. government securities, mortgage-backed, and asset-backed securities. Its portfolio is structured to maintain over 65% of assets in corporate debt, with limited exposure to non-U.S. and below-investment-grade debt, ensuring a quality-oriented approach that targets moderate credit risk.
The fund is positioned within the corporate bond category and aims to offer investors a balance between yield and credit quality, with an effective duration of approximately 6 to 7 years, which suggests a moderate interest rate sensitivity. Its holdings are diversified across major financial and industrial issuers, with top positions including leading banks and corporations such as JPMorgan Chase, Bank of America, and UBS Group. By prioritizing creditworthy issuers and maintaining rigorous selection, the fund plays a significant role for investors seeking stable income and relative capital stability within the fixed income segment of their portfolios.
Fund Family Goldman Sachs
Category Corporate Bond
Performance Rating Below Average
Risk Rating High
Stock Exchange Nasdaq
Ticker Symbol GSGAX
Share Class Class A
Index Bloomberg U.S. Credit TR
GSGAX had a total return of -2.24% in the past year, including dividends. Since the fund's
inception, the average annual return has been 3.07%.
