# Goldman Sachs High Yield Instl (GSHIX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/gshix for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Goldman Sachs · Asset class: Bond - Strategy: Actively Managed · Inception: 1997-07-31 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 n... ## Key Facts | Metric | Value | |---|---| | Price | $5.46 | | Expense Ratio | 0.68% | | Assets Under Management | $2.54B | | NAV | $5.46 | | Holdings Count | — | | Distribution Yield (TTM) | 6.62% | | Annual Distribution (TTM) | $0.36 /share | | Distribution Frequency | Monthly | | 52-Week Range | $5.42 – $5.72 | | Beta | 0.61 | ## Latest Distribution - Amount: $0.0292 /share - Ex-date: 2026-09-30 - Pay date: 2026-09-30 ## Frequently Asked Questions ### 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 6.62%, 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. ### Does GSHIX pay a dividend? Yes, Goldman Sachs High Yield Instl (GSHIX) distributes dividends to shareholders. The trailing-twelve-month yield is 6.62%. Full dividend history is on this page. ### How often does GSHIX pay dividends? Goldman Sachs High Yield Instl pays dividends Monthly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### When is GSHIX's next ex-dividend date? The most recently announced ex-dividend date for GSHIX was 2026-09-30. The next ex-date typically follows Monthly; once announced it appears at the top of the dividend history table on this page. ### How much will GSHIX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.68% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does GSHIX charge its expense ratio? The expense ratio is deducted in tiny daily slices from GSHIX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does GSHIX cost more than a fund like VOO? GSHIX is actively managed (current expense ratio 0.68%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether GSHIX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to GSHIX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as GSHIX (0.68%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/gshix - Distribution history: https://www.dividenddata.com/funds/gshix/dividend - Holdings & diversification: https://www.dividenddata.com/funds/gshix/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/gshix/expenses - Peer comparison: https://www.dividenddata.com/funds/gshix/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.