GGIRX

About GGIRX

Goldman Sachs U.S. Mortgages Fund is a mutual fund designed to provide exposure to the U.S. residential mortgage-backed securities market. Its primary function is to invest, under normal circumstances, at least 80% of its net assets in mortgage-related securities, including government-backed and agency mortgage-backed bonds. The fund typically holds a diversified portfolio of over 800 bond holdings, with notable allocations to securities issued by entities such as the Federal National Mortgage Association and the Government National Mortgage Association. It avoids equities and concentrates its holdings in U.S. dollar-denominated mortgage instruments, aiming to deliver income and capital preservation. This fund plays a significant role for investors seeking targeted exposure to the U.S. housing finance sector, offering a way to access the residential mortgage market’s yield and risk-return profile within a managed, liquid vehicle. Its position within the intermediate core bond category underscores its focus on interest rate and credit quality management, making it relevant in diversified fixed income strategies.