The Goldman Sachs Group, Inc. (NYSE:GS) is one of Billionaire Ken Fisher’s Latest Portfolio: 10 Best Stocks to Buy.
Banking giant The Goldman Sachs Group, Inc. (NYSE:GS)’s shares are up by 73% over the past year and by 13% year-to-date
Recently, media reports have suggested that turmoil in the private credit market might have affected the bank’s funds as well. As per Reuters, Goldman Sachs BDC reported a net asset value (NAV) of $12.17 per share at March end, which marked a 3.7% sequential drop. Additionally, the fund’s non-accruals rose to 4.7% of the loan portfolio at an annualized cost.
The figure was significantly higher than the 2.8% cost during the previous quarter. The Goldman Sachs Group, Inc. (NYSE:GS) currently trades at a forward P/E ratio of 15.08, which is lower than the brokerage and investment banking sector’s 19.86. The annual dividend yield is 1.73%.