About GSHUX
Goldman Sachs High Yield Fund Class R6 is a mutual fund focused on high yield, or “junk,” bonds. Its primary objective is to generate a high level of current income, while also considering the potential for capital appreciation. The fund typically invests at least 80% of its assets in high-yield, non-investment-grade fixed income securities issued by corporate borrowers, making it a representative of the high yield bond category. This approach allows investors exposure to a diversified portfolio of lower-rated bonds, which tend to offer higher yields compared to investment-grade counterparts, albeit with higher credit risk.
With total assets around $2 billion and an expense ratio of 0.68%, the fund maintains a competitive cost structure relative to peers. The portfolio is broadly diversified, and its top holdings include a mix of cash equivalents and high-yield corporate bonds across several industries, such as media, industrials, and packaging. The fund’s effective duration is approximately 2.94 years, reflecting moderate interest rate sensitivity. The Goldman Sachs High Yield Fund Class R6 plays a key role for investors seeking enhanced income within a fixed income allocation, especially those comfortable with the additional risks associated with sub-investment-grade debt.
Fund Family Goldman Sachs
Category High Yield Bond
Performance Rating Average
Risk Rating Above Average
Stock Exchange Nasdaq
Ticker Symbol GSHUX
Share Class Class R6 Shares
Index Bloomberg US High Yield 2% Issuer Cap TR
GSHUX had a total return of 2.10% in the past year, including dividends. Since the fund's
inception, the average annual return has been 4.66%.
