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Goldman Sachs Hi Quality Float Rt Instl (GSARX)

8.76 0.00(0.00%) Sep 15

Profile as of Aug 30, 2014Get Profile for:
Goldman Sachs Hi Quality Float Rt Instl
Goldman Sachs Trust
Phone: 800-621-2550
Fund Overview 
Category:Ultrashort Bond
Fund Family:Goldman Sachs
Net Assets:465.43M
Year-to-Date Return:0.23%
Morningstar Rating:2 stars
Fund Inception Date:Jul 17, 1991
Morningstar Style Box 
Ultrashort Bond
[View Category Definition]
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About the Morningstar Style Box

Style box information not available for GSARX.

Management Information 
James McCarthy
Lead Manager since Jul 1, 1995
McCarthy is managing director and portfolio manager with Goldman Sachs Asset Management, his employer since 1995. Prior to that, he worked for four at Nomura Securities where he was an assistant vice president and and adjustable rate mortgage trader.
Investment Information 
Min Initial Investment:1,000,000
Min Initial Investment, IRA:N/A
Min Initial Investment, AIP:N/A
Min Subsequent Investment:N/A
Min Subsequent Investment, IRA:N/A
Min Subsequent Investment, AIP:N/A
GSARX can be purchased from 66 brokerages.

Fund Summary 
The investment seeks to provide a high level of current income, consistent with low volatility of principal. The fund normally invests at least 80% of its net assets plus any borrowings for investment purposes in high quality floating rate or variable rate obligations. It may invest in obligations of foreign issuers, although 100% of the fund's portfolio will be invested in U.S. dollar denominated securities. The fund's target duration range under normal interest rate conditions is that of the BofA ML Three Month U.S. Treasury Bill Index, plus or minus 1 year, and the duration of this index is typically approximately three months.

Fund Operations 
Last Dividend (Aug 28, 2014) : 0.00
Last Cap Gain : 0.00
Annual Holdings Turnover (Sep 11, 2014) : 130.00%
Average for Category:68.03%
Fees & Expenses 
ExpenseGSARXCategory Avg
Annual Report Expense Ratio (net):0.38%0.58%
Prospectus Net Expense Ratio:0.36%N/A
Prospectus Gross Expense Ratio:0.59%N/A
Max 12b1 Fee:N/AN/A
Max Front End Sales Load:N/A1.96%
Max Deferred Sales Load: N/A2.19%
3 Yr Expense Projection*:166412
5 Yr Expense Projection*:306711
10 Yr Expense Projection*:7161,555
* Per $10,000 invested