- What does GSHIX invest in?
- Under normal operating conditions, this fund's core strategy involves allocating at least 80% of its net assets, including any borrowed capital, to high-yield, fixed-income securities. A key characteristic of these investments is that they must be rated below investment grade at the time of purchase. Furthermore, the fund has the discretion to direct up to 25% of its total assets towards a combination of debt obligations issued by both domestic and international entities that are denominated in currencies other than the U.S. dollar, as well as securities from issuers located in developing nations, irrespective of the currency they are denominated in.
- What is the expense ratio of GSHIX?
- Goldman Sachs High Yield Instl (GSHIX) charges an expense ratio of 0.68%. This is the annual fee deducted from fund assets to cover management and operations.
- What is GSHIX's dividend yield?
- GSHIX's trailing-twelve-month yield is 6.53%, calculated from the sum of dividends over the past year divided by the current price.
- What is the duration of GSHIX?
- Effective duration measures GSHIX's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. GSHIX's current duration is published on the fund's factsheet on the issuer's website.
- What is the credit quality of GSHIX?
- GSHIX's credit quality breakdown — the share of holdings rated AAA through CCC and below — is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.
- What is the yield to maturity of GSHIX?
- Yield to maturity (YTM) is the total return you'd earn from GSHIX if every bond in the portfolio is held to maturity at the current price. GSHIX's YTM is published on the fund's factsheet on the issuer's website — it differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.
