Goldman Sachs Local Emerging Markets Debt Fund Class A (GAMDX)

6.77
Net Asset Value
-1.02%
1 Day
+2.42%
Year-to-Date
Overall Morningstar Rating
Emerging-markets local-currency bond
Style or Category
4.5
Sales Expenses
1.36%
Expense Ratio
High
Morningstar Risk Rating™
Investment Objective The investment seeks a high level of total return consisting of income and capital appreciation. The fund invests- under normal circumstances- at least 80% of its net assets plus any borrowings for investment purposes (measured at the time of purchase) ("Net Assets") in sovereign and corporate debt securities of issuers in emerging market countries- denominated in the local currency of such emerging market countries- and other instruments- including credit linked notes and other investments- with similar economic exposures. It is non-diversified.

Performance

1 month+0.55% 3 years+3.76%
3 months+0.02% 5 years-2.36%
1 year+12.05% Since inception+1.83%
Data through --

Peer Comparisonvs. Emerging-markets local-currency bond

 GAMDXCategory
Performance 5-yr return-2.36%-0.30%
Expense ratio1.36%1.17%
Risk 5 year sharpe ratio-0.100.02
Net assets$325.0M$452.1M
Average market cap--$281.0M
Average P/E--11.0
Portfolio turnover111%111%

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Fund Management and Purchase Info

Fund familyGoldman Sachs
Fund manager & tenureSamuel Finkelstein / 10 Years
Minimal initial investment$1,000.00
Minimum IRA investment$250.00

Holdings

Fixed income84.57%
Cash15.43%
U.S. stock0.00%
International stock0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- 5.69%
-- 4.17%
-- 3.29%
-- 2.97%
-- 2.77%
-- 2.75%
-- 2.09%
-- 2.03%
-- 1.91%
-- 1.84%