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

6.56
Net Asset Value
+0.15%
1 Day
-11.35%
Year-to-Date
Overall Morningstar Rating
Emerging markets bond
Style or Category
No Load
Sales Expenses
1.02%
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 normally invests at least 80% of its net assets plus any borrowings for investment purposes (measured at the time of purchase) ("Net Assets") in (i) sovereign and corporate debt securities and other instruments of issuers in emerging markets countries, denominated in the local currency of such emerging markets countries, and/or (ii) currencies of such emerging markets countries, which may be represented by forwards or other derivatives that may have interest rate exposure. It is non-diversified.

Performance

1 month-2.93% 3 years-6.17%
3 months-6.82% 5 years-1.33%
1 year-18.68% Since inception+0.58%
Data through --

Peer Comparisonvs. Emerging markets bond

 GIMDXCategory
Performance 5-yr return-1.33%+3.58%
Expense ratio1.02%1.22%
Risk 5 year sharpe ratio0.090.49
Net assets$1.4B$609.6M
Average market cap--$69.5B
Average P/E--15.8
Portfolio turnover145%145%

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Fund Management and Purchase Info

Fund familyGoldman Sachs
Fund manager & tenureSamuel Finkelstein / 7 Years
Minimal initial investment$1,000,000.00
Minimum IRA investment--

Holdings

Fixed income89.45%
Cash10.55%
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
-- 5.58%
-- 4.71%
-- 3.96%
-- 3.45%
-- 2.99%
-- 2.19%
-- 2.04%
-- 1.78%
-- 1.77%
-- 1.71%