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

6.13
Net Asset Value
+0.66%
1 Day
-6.98%
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-8.75% 3 years+1.05%
3 months-9.33% 5 years-3.64%
1 year+1.52% Since inception+1.75%
Data through --

Peer Comparisonvs. Emerging-markets local-currency bond

 GIMDXCategory
Performance 5-yr return-3.64%-0.30%
Expense ratio1.02%1.17%
Risk 5 year sharpe ratio-0.21-0.09
Net assets$309.3M$470.3M
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 / 10 Years
Minimal initial investment$1,000,000.00
Minimum IRA investment--

Holdings

Fixed income87.06%
Cash12.94%
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
-- 6.47%
-- 3.34%
-- 2.89%
-- 2.84%
-- 2.72%
-- 2.43%
-- 2.34%
-- 2.05%
-- 2.04%
-- 1.83%