3 Goldman Sachs Mutual Funds For Stellar Returns

Incepted in 1988, Goldman Sachs Asset Management (GSAM) seeks to provide financial services, including investment and advisory solutions, and risk-management expertise to institutional and individual investors throughout the globe.

With more than $1 trillion assets under management, GSAM is considered one of the world’s leading financial management companies. It has more than 2,000 professionals in 30 offices worldwide. The fund family develops investment strategies with respect to geographical regions, industries and asset classes.

Below we share with you three top-ranked Goldman Sachs mutual funds. Each has a Zacks Mutual Fund Rank #1 (Strong Buy) or #2 (Buy) and is expected to outperform its peers in the future. 

Goldman Sachs Small Cap Value Insights Fund Investor Class (GTTTX - Free Report) seeks long-term capital appreciation by investing at least 80% of its net assets and any borrowings for investment in a diversified portfolio of equity investments in small-cap U.S. companies. GTTTX has three annualized returns of 4%.

As of the end of October 2019, GTTTX held 421 issues, with 1.02% of its assets invested in Portland General Electric Co.

Goldman Sachs Small Cap Growth Insights Fund Investor Class (GSTOX - Free Report) seeks appreciation of capital in the long run. The fund invests the lion’s share of its assets in a diverse portfolio of small-cap domestic companies as well as foreign companies that are traded within the United States. Small-cap companies are those that have market capitalization similar to those constituting the Russell 2000 Index. GSTOX has three-year annualized returns of 9.6%.

GSTOX has an expense ratio of 0.98% as compared to the category average of 1.23%.

Goldman Sachs Dynamic Municipal Income Fund Investor Class (GUIRX - Free Report) seeks growth of income, which is free from regular federal income tax. GUIRX invests a large chunk of its assets in fixed income securities, which are issued by or on behalf of U.S. territories and states. These fixed income securities offer regular federal income tax-exempted interest. GUIRX has three-year annualized returns of 5.8%.

Scott Diamond is one of the fund managers of GUIRX since 2002.

Disclosure: Zacks.com contains statements and statistics that have been obtained from sources believed to be reliable but are not guaranteed as to accuracy or completeness. References to any specific ...

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