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3 Goldman Sachs Mutual Funds to Lend Solidity to Your Portfolio

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Goldman Sachs Asset Management (GSAM) is a world-renowned company that has been providing investment management, portfolio design and advisory services to individual and institutional investors worldwide since 1988. Its strategies span asset classes, industries and geographies. As of Dec 31, 2023, GSAM had $2.81 trillion in assets under supervision worldwide.

The fund has more than 2,000 professionals across 31 offices worldwide. The company has a team of more than 800 investment professionals who capitalize on Goldman Sachs technology, risk-management skills and market insights. It offers investment solutions, including fixed income, money markets, public equity, commodities, hedge funds, private equity and real estate through proprietary strategies, strategic partnerships and open architecture programs.

Below, we share with you three top-ranked Goldman Sachs mutual funds, namely Goldman Sachs MLP Energy Infrastructure Fund (GMNPX - Free Report) , Goldman Sachs Focused Value (GGYPX - Free Report) and Goldman Sachs Large Cap Value (GMYPX - Free Report) . Each has earned a Zacks Mutual Fund Rank #1 (Strong Buy) and is expected to outperform its peers in the future. Investors can click here to see the complete list of funds.

Goldman Sachs MLP Energy Infrastructure Fund invests most of its assets, along with borrowings, if any, in domestic and foreign equity or fixed-income securities issued by energy infrastructure companies. GMNPX advisors may also invest a small portion of its assets in non-energy infrastructure investments.

Goldman Sachs MLP Energy Infrastructure Fund has three-year annualized returns of 21%. As of February 2024, GMNPX held 34 issues, with 12.6% of its assets invested in Energy Transfer.

Goldman Sachs Focused Value invests most of its assets, along with borrowings, if any, in a portfolio of equity securities, including common stocks, preferred stocks, and other securities and instruments having equity characteristics. GGYPX advisors generally invest in companies that they believe have competitive advantages and sustainable growth potential, and whose intrinsic value is not reflected in the stock price.

Goldman Sachs Focused Value fund has three-year annualized returns of 8.4%. GGYPX has an expense ratio of 0.68%.

Goldman Sachs Large Cap Value invests most of its assets, along with borrowings, if any, in a portfolio of publicly traded domestic equity securities of large-cap companies. GMYPX advisors may also invest in foreign issues, including emerging markets securities quoted in foreign currencies.

Goldman Sachs Large Cap Value Fund has three-year annualized returns of 7.8%. Kevin Martens has been one of the fund managers of GMYPX since December 2019.

To view the Zacks Rank and the past performance of all Goldman Sachs mutual funds, investors can click here to see the complete list of Goldman Sachs mutual funds.

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