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Goldman Rolls Out High-Yield Fund

Goldman Sachs Asset Management has launched the new high yield floating yield floating portfolio.

Goldman Sachs Asset Management has launched the new high yield floating yield floating portfolio. The Goldman Sachs High Yield Floating Rate Fund invests in non-investment grade floating-rate loans and other variable-rate securities issued by U.S. and foreign companies.

The portfolio will be managed by GSAM’s Global Corporate Credit team. Michael Goldstein, co-head of the high yield and bank loan team, will be the lead portfolio manager of the fund.

Click here for the release from Goldman Sachs.

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