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Lipper
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Zacks Investment Research
2
(Buy)
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Standard & Poor's
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TheStreet.com
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U.S. News evaluated 43 Bank Loan Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
Performance
The fund has returned 5.97 percent over the past year.
| Trailing Returns | Updated 04.30.2013 |
|---|---|
| Year to date | 2.5% |
| 1 Year | 6.0% |
| 3 Years (Annualized) | N/A |
| 5 Years (Annualized) | N/A |
| 10 Years (Annualized) | N/A |
Summary
The investment seeks a high level of current income. The fund normally invests at least 80% of net assets plus any borrowings for investment purposes (measured at the time of purchase) ("Net Assets") in domestic or foreign floating rate loans and other floating or variable rate obligations rated below investment grade. It may invest up to 20% of its net assets in fixed income instruments, regardless of rating, including fixed rate corporate bonds, government bonds, convertible debt obligations, and mezzanine fixed income instruments.
Fees
Fees are Low compared to funds in the same category.
Goldman Sachs High Yield Floating Rate has an expense ratio of 1.08 percent.
Risk
Risk is N/A compared to funds in the same category according to Morningstar.
