Investment Test Drive

GSASX Goldman Sachs Hi Quality Float Rt Svc

3 lower fee alternatives found

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Fund GSASX Goldman Sachs Hi Quality Float Rt Svc BUBSX Baird Ultra Short Bond Investor GEADX Goldman Sachs Enhanced Income Admin  
Similarity
?
100% 85% 85%
Annual Fees
?
$85.58
(0.84% Exp. Ratio)
$40.75
(0.40% Exp. Ratio)
$61.13
(0.60% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 1.88% annual return
$13,556.97 $15,482.72 $14,576.68
Est. savings over 30 yrs +$1,925.75 +$1,019.71
Return
As of 12/31/16
1 YR RETURN 0.77%
3 YR -0.14%
5 YR 0.03%
10 YR 0.57%
1 YR RETURN 1.32%
3 YR 0.78%
5 YR --
10 YR --
1 YR RETURN 1.34%
3 YR 0.31%
5 YR 0.53%
10 YR 1.28%
Description
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 expected to approximate that of the BofAML Three-Month U.S. Treasury Bill Index, plus or minus 3 months, and the duration of the index has ranged between 0.2 and 0.3 years.
The investment seeks current income consistent with preservation of capital. The fund normally invests at least 80% of its net assets in bonds, including the following types of U.S. dollar‑denominated debt obligations that are fixed, variable or floating rate instruments: U.S. government and other public‑sector entities; asset‑backed and mortgage‑backed obligations of U.S. and foreign issuers; Corporate debt of U.S. and foreign issuers; money market instruments. It invests primarily in investment‑grade debt obligations, rated at the time of purchase by at least one major rating agency, but may invest up to 10% of its net assets in high yield bonds.
The investment seeks to generate return in excess of traditional money market products while maintaining an emphasis on preservation of capital and liquidity. The fund invests, under normal circumstances, primarily in a portfolio of U.S. dollar-denominated fixed income securities, including non-mortgage securities issued or guaranteed by the U.S. government, its agencies, instrumentalities or sponsored enterprises, corporate notes, commercial paper and fixed and floating rate asset-backed securities and foreign securities. It may invest across a broad range of high-grade fixed income sectors with an emphasis on the preservation of capital and liquidity.

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The fees, balance and savings information above are estimated numbers, based on the data FeeX had at the day of publication, but may not be accurate due to incomplete or erroneous data.

The best choice is based on a combined analysis of lowest fees and highest similarity to the original fund.

Similarity

FeeX's similarity algorithm analyzes over 15 investment characteristics like investment category, asset allocation, strategy, geographical allocation and more. FeeX gives each its own weight and calculates the similarity of any two investments based on a scale of 0 to 100%. Funds with a similarity ranking of 85% and higher are considered "similar".

Yes, funds and ETFs charge fees

Deep within every fund you own lies a hidden fee called expense ratio. It takes away a set % of your savings each and every year. It can often be easily reduced by switching to similar investments with lower expense ratios.

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