Goldman Sachs Corporate Bond ETF (GIGL) Stock Price, Quote, News & History | Benzinga

The Fund invests, under normal circumstances, at least 80 percent of its net assets plus any borrowings for investment purposes (measured at the time of purchase) (Net Assets) in core fixed income securities, including securities issued or guaranteed by the U.S. government, its agencies, instrumentalities or sponsored enterprises (U.S. Government Securities), including agency issued adjustable rate and fixed rate mortgage-backed securities or other mortgage-related securities (Agency Mortgage-Backed Securities), corporate debt securities, privately issued adjustable rate and fixed rate mortgage-backed securities or other mortgage-related securities (Private Mortgage-Backed Securities and, together with Agency Mortgage-Backed Securities, Mortgage-Backed Securities) and asset-backed securities (including collateralized loan obligations (CLOs)). Core fixed income securities are fixed income securities that are rated investment grade (i.e., securities rated BBB minus, Baa3 or higher by a nationally recognized statistical rating organization (NRSRO) or, if unrated, determined by the Investment Adviser to be of comparable credit quality). The Fund may also invest in custodial receipts, fixed income securities issued by or on behalf of states, territories, and possessions of the United States (including the District of Columbia) (Municipal Securities) and convertible securities.