3 Best Goldman Sachs Mutual Funds For Strong Returns

Incepted in 1988, Goldman Sachs Asset Management (GSAM) offers 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. GSAM prides itself in having 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 earned a Zacks Mutual Fund Rank #1 (Strong Buy) and is expected to outperform its peers in the future. Investors can click here to see the complete list of Goldman Sachs mutual funds.

Goldman Sachs Large Cap Growth Insights Investor (GLCTX - Free Report) seeks capital growth for the long run. The fund attains its investment purpose by maintaining a diverse portfolio of primarily large-cap companies. GLCTX invests a bulk of its assets in equity securities of domestic companies and foreign companies which are based in the United States.Goldman Sachs Large Cap Growth Insights Investor has one-year annualized return of 28.2%.

GLCTX has an expense ratio of 0.71% as compared with the category average of 1.17%.

Goldman Sachs US Equity Insights A (GSSQX - Free Report) seeks capital appreciation and dividend income over the long run. GSSQX maintains a diversified portfolio by investing primarily in equity securities of companies located in the United States. The fund may also invest in securities of foreign firms traded in the country. Also, the fund may consider fixed-income-producing securities to build its portfolio. The Goldman Sachs US Equity Insights A has one-year annualized returns of 22.1%.

As of July 2017, GSSQX held 127 issues, with 6.97% of its assets invested in Apple Inc. 

Goldman Sachs Dynamic Municipal Income Investor (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. Goldman Sachs Dynamic Municipal Income Investor has one-year annualized returns of 5.9%.

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 ...

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