Goldman Sachs Income Instl (GSNCX)
| Fund Assets | 146.72M |
| Expense Ratio | 0.65% |
| Min. Investment | $1,000,000 |
| Turnover | 761.00% |
| Dividend (ttm) | 0.46 |
| Dividend Yield | 4.93% |
| Dividend Growth | -14.40% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 9.24 |
| YTD Return | 4.68% |
| 1-Year Return | 4.48% |
| 5-Year Return | 15.75% |
| 52-Week Low | 8.76 |
| 52-Week High | 9.28 |
| Beta (5Y) | n/a |
| Holdings | 607 |
| Inception Date | Dec 3, 2019 |
About GSNCX
Goldman Sachs Income Fund – Institutional Class is an actively managed mutual fund focused on multi-sector fixed income. Its primary objective is to deliver current income by allocating across U.S. and international bonds spanning investment-grade and high-yield markets, with the flexibility to vary maturities. The portfolio can include sovereign and corporate debt, securitized assets, and select exposure to emerging markets, providing a diversified mix of interest-rate and credit risk factors intended to balance income generation and total return potential over time. The strategy employs broad sector rotation and security selection across hundreds of holdings, reflecting a research-driven approach and dynamic positioning as market conditions evolve. Key features often include monthly income distributions and an institutional share structure designed for larger allocations, alongside an expense profile aligned with active multi-sector peers. In the market ecosystem, the fund serves as a core-plus bond allocation for institutions seeking diversified fixed income exposure beyond traditional aggregates, incorporating global and non-investment-grade segments to enhance income sources and broaden risk diversification.
Performance
GSNCX had a total return of 4.48% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.57%.
Top 10 Holdings
16.54% of assets| Name | Symbol | Weight |
|---|---|---|
| UMBS, TBA - Uniform Mortgage-Backed Security, TBA | FNCL.5.5 7.11 | 7.38% |
| Government National Mortgage Association - Ginnie Mae | G2SF.6 7.11 | 1.50% |
| Government National Mortgage Association - Ginnie Mae | G2SF.5.5 7.11 | 1.48% |
| Government National Mortgage Association - Ginnie Mae | G2SF.4.5 7.11 | 1.41% |
| United States Treasury - U.S. Treasury Notes | T.4 06.30.32 | 1.12% |
| UMBS, TBA - Uniform Mortgage-Backed Security, TBA | FNCI.6 7.11 | 0.76% |
| UMBS, TBA - Uniform Mortgage-Backed Security, TBA | FNCI.5.5 7.11 | 0.75% |
| Katayma CLO Ltd - Katayma CLO I Ltd | KTAMA.2023-1A A1 | 0.74% |
| UMBS, TBA - Uniform Mortgage-Backed Security, TBA | FNCL.5 7.11 | 0.72% |
| UMBS, TBA - Uniform Mortgage-Backed Security, TBA | FNCL.4 7.11 | 0.69% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 29, 2025 | $0.03492 | Aug 29, 2025 |
| Jul 31, 2025 | $0.0338 | Jul 31, 2025 |
| Jun 30, 2025 | $0.03493 | Jun 30, 2025 |
| May 30, 2025 | $0.03492 | May 30, 2025 |
| Apr 30, 2025 | $0.03493 | Apr 30, 2025 |
| Mar 31, 2025 | $0.03494 | Mar 31, 2025 |