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

Net Asset Value
1 Day
Overall Morningstar Rating
Emerging-markets local-currency bond
Style or Category
No Load
Sales Expenses
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.


1 month-0.89% 3 years+4.55%
3 months+4.67% 5 years-1.70%
1 year+12.47% Since inception+2.02%
Data through --

Peer Comparisonvs. Emerging-markets local-currency bond

Performance 5-yr return-1.70%-1.43%
Expense ratio1.02%1.17%
Risk 5 year sharpe ratio-0.12-0.01
Net assets$319.2M$449.2M
Average market cap--$382.9M
Average P/E--15.1
Portfolio turnover111%111%

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Fund Management and Purchase Info

Fund familyGoldman Sachs
Fund manager & tenureSamuel Finkelstein / 10 Years
Minimal initial investment$1,000,000.00
Minimum IRA investment--


Fixed income84.57%
U.S. stock0.00%
International stock0.00%
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%