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GFRAX Goldman Sachs High Yield Fl Rate A Forecast, Technical & Fundamental Analysis

The investment seeks a high level of current income... Show more

Category: #Bank Loan
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A.I.Advisor
published Highlights

Industry description

The investment seeks a high level of current income. The fund normally invests at least 80% of its net assets plus any borrowings for investment purposes (measured at the time of purchase) ("Net Assets") in domestic or foreign floating rate loans and other floating or variable rate obligations rated below investment grade. It may invest up to 20% of its net assets in fixed income instruments, of any credit rating, including fixed rate corporate bonds, government bonds, convertible debt obligations, and mezzanine fixed income instruments.
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A.I. Advisor
published General Information

General Information

Category BankLoan

Profile
Details
Category
Bank Loan
Address
Goldman Sachs Trust71 South Wacker DriveChicago
Phone
3126554400
Web
www.goldmansachsfunds.com
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GFRAX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, GFRAX has been closely correlated with PFFRX. These tickers have moved in lockstep 93% of the time. This A.I.-generated data suggests there is a high statistical probability that if GFRAX jumps, then PFFRX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To GFRAX
1D Price
Change %
GFRAX100%
N/A
PFFRX - GFRAX
93%
Closely correlated
N/A
TRIZX - GFRAX
93%
Closely correlated
+0.11%
EVBLX - GFRAX
88%
Closely correlated
N/A
FFRAX - GFRAX
87%
Closely correlated
N/A
FFRCX - GFRAX
15%
Poorly correlated
N/A
More
Goldman Sachs High Yield Fl Rate A (GFRAX) mutual fund Forecast, Price Targets and Analysts Predictions - Tickeron.com