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Goldman Sachs Local Emerging Markets Debt Fund Institutional Shares (GIMDX)

6.59
Net Asset Value
-0.45%
1 Day
+10.02%
Year-to-Date
Overall Morningstar Rating
Emerging-markets local-currency bond
Style or Category
No Load
Sales Expenses
1.02%
Expense Ratio
Above Average
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+0.52% 3 years-2.67%
3 months+3.10% 5 years-1.37%
1 year+4.90% Since inception+1.50%
Data through --

Peer Comparisonvs. Emerging-markets local-currency bond

 GIMDXCategory
Performance 5-yr return-1.37%-0.94%
Expense ratio1.02%1.17%
Risk 5 year sharpe ratio-0.07-0.05
Net assets$280.3M$384.9M
Average market cap----
Average P/E----
Portfolio turnover111%111%

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Fund Management and Purchase Info

Fund familyGoldman Sachs
Fund manager & tenureSamuel Finkelstein / 9 Years
Minimal initial investment$1,000,000.00
Minimum IRA investment--

Holdings

Fixed income78.10%
Cash21.89%
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
-- 6.11%
-- 4.35%
-- 3.66%
-- 3.11%
-- 3.03%
-- 2.63%
-- 2.52%
-- 2.50%
-- 2.50%
-- 2.29%