Goldman Sachs Global Senior Loans (Lux) - I Cap EUR
LU0228524426
Goldman Sachs Global Senior Loans (Lux) - I Cap EUR/ LU0228524426 /
NAV07/06/2024 |
Chg.-26.0547 |
Type of yield |
Investment Focus |
Investment company |
80,530.6484EUR |
-0.03% |
reinvestment |
Bonds
Worldwide
|
Goldman Sachs AM BV ▶ |
Investment goal
The sub-fund offers investors the opportunity to invest in senior loans – large, ultra-short duration loans made to non-investment grade businesses primarily in the U.S. and Europe. Senior loans are classified as non-investment grade assets, so they typically pay a higher rate of interest than other short-term debt instruments. This rate of interest is based on a fixed spread over a base rate, which floats with market rates and resets every 45-60 days on average. Unlike high yield bonds, senior loans are secured by collateral and hold the highest rank in a borrower’s capital structure, giving them priority over other creditors, bonds, and all preferred and common stock. The unique combination of floating rates and secured collateral helps senior loans complement fixed-income portfolios and can provide valuable portfolio diversification for institutional investors.
Master data
Type of yield: |
reinvestment |
Funds Category: |
Bonds |
Region: |
Worldwide |
Branch: |
Corporate Bonds |
Benchmark: |
Morningstar LSTA US Leveraged Loan Index |
Business year start: |
01/04 |
Last Distribution: |
- |
Depository bank: |
Brown Brothers Harriman (Lux) S.C.A. |
Fund domicile: |
Luxembourg |
Distribution permission: |
- |
Fund manager: |
- |
Fund volume: |
151.48 mill.
EUR
|
Launch date: |
26/09/2005 |
Investment focus: |
- |
Conditions
Issue surcharge: |
2.00% |
Max. Administration Fee: |
0.69% |
Minimum investment: |
250,000.00 EUR |
Deposit fees: |
- |
Redemption charge: |
0.50% |
Key Investor Information: |
- |
Investment company
Funds company: |
Goldman Sachs AM BV |
Address: |
Schenkkade 65, 2509, LL Den Haag |
Country: |
Netherlands |
Internet: |
www.gsam.com
|