3 Top Goldman Sachs Mutual Funds To Buy Today

Goldman Sachs Asset Management (GSAM) has been offering financial services, including investment and advisory solutions, and risk-management expertise, to institutional and individual investors all over the world since 1988. With more than $1 trillion assets under management, GSAM is considered one of the world’s leading financial management companies.

The fund prides itself in having more than 2,000 professionals in 30 offices worldwide. Its teams have more than 650 investment professionals, who capitalize on the technology, risk management skill and market insights of Goldman Sachs. 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 earned a Zacks Mutual Fund Rank #1 (Strong Buy) and is expected to outperform its peers in the future. 

Goldman Sachs Mid Cap Value Investor (GCMTX - Free Report) seeks appreciation of capital for the long run. The fund diversifies its portfolio by investing heavily in mid-cap companies. Notably, mid-cap companies are those that have market cap similar to those in the range of the Russell Midcap Value Index. Goldman Sachs Mid Cap Value Investor has three-year annualized returns of 3.9%.

As of September 2018, GCMTX held 111 issues, with 2.21% of its assets invested in Fidelity National Information Services Inc.

Goldman Sachs High Yield Muni IR (GYIRX - Free Report) invests a large share of its assets in high yield municipal securities that provide interest income free from regular federal income tax. GYIRX focuses on acquiring securities that are rated non-investment grade or medium quality. Goldman Sachs High Yield Muni IR has three-year annualized returns of 5.8%.

Annual expense ratio of 0.60% is lower than the category average of 0.94%.

Goldman Sachs Small Cap Equity Insights Investor (GDSTXFree Report) seeks capital growth for the long run. The fund maintains a diverse portfolio by investing in equity securities of small-cap companies. GDSTX invests in both U.S. and non-U.S. companies. The fund focuses on small-cap companies with market cap similar to those included on the Russell 2000 Index. Goldman Sachs Small Cap Equity Insights Investor has three-year annualized returns of 7.6%.

Dennis Walsh is one of the fund managers of GDSTX since 2013.

Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this ...

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