AN
INVESTMENT IN A FUND IS NOT A BANK DEPOSIT AND IS NOT INSURED BY THE
FEDERAL DEPOSIT
INSURANCE
CORPORATION OR ANY OTHER GOVERNMENT AGENCY. AN INVESTMENT IN A FUND
INVOLVES
INVESTMENT
RISKS, AND YOU MAY LOSE MONEY IN A
FUND. |
|
|
|
Class
A |
Class
C |
Institutional |
Service |
Investor |
Class
R6 |
Maximum
Sales Charge (Load) Imposed on Purchases (as a
percentage
of offering price) |
|
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|
|
|
Maximum
Deferred Sales Charge (Load) (as a percentage of the
lower
of original purchase price or sale proceeds)1
|
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|
Class
A |
Class
C |
Institutional |
Service |
Investor |
Class
R6 |
Management
Fees |
|
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|
Distribution
and/or Service (12b-1) Fees |
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Other
Expenses |
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Service
Fees |
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Shareholder
Administration Fees |
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All
Other Expenses |
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Total
Annual Fund Operating Expenses |
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Fee
Waiver and Expense Limitation2 |
( |
( |
( |
( |
( |
( |
Total
Annual Fund Operating Expenses After Fee Waiver and
Expense
Limitation |
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|
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|
|
1
Year |
3
Years |
5
Years |
10
Years |
Class
A Shares |
$ |
$ |
$ |
$ |
Class
C Shares |
$ |
$ |
$ |
$ |
Institutional
Shares |
$ |
$ |
$ |
$ |
Service
Shares |
$ |
$ |
$ |
$ |
Investor
Shares |
$ |
$ |
$ |
$ |
Class
R6 Shares |
$ |
$ |
$ |
$ |
|
$ |
$ |
$ |
$ |
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1
Year |
5
Years |
10
Years |
Inception
Date | |
Class
A Shares |
|
|
|
|
Returns
Before Taxes |
- |
|
|
|
Returns
After Taxes on Distributions |
- |
|
|
|
Returns
After Taxes on Distributions and Sale of Fund Shares |
- |
|
|
|
Class
C Shares |
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|
Returns
Before Taxes |
- |
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|
Institutional
Shares |
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|
Returns
Before Taxes |
- |
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Service
Shares |
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|
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|
Returns
Before Taxes |
- |
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|
Investor
Shares |
|
|
|
|
Returns
Before Taxes |
- |
|
|
|
Class
R6 Shares |
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|
|
|
Returns
Before Taxes |
- |
|
|
|
MSCI
EAFE Index (Net, USD, Unhedged; reflects no deduction for fees or
expenses) |
- |
|
|
|
Portfolio
Management |
Buying
and Selling Fund Shares |
Tax
Information |
Payments
to Broker-Dealers and
Other
Financial Intermediaries |
|
|
|
Class
A |
Class
C |
Institutional |
Investor |
Class
R |
Class
R6 |
Maximum
Sales Charge (Load) Imposed on Purchases (as a
percentage
of offering price) |
|
|
|
|
|
|
Maximum
Deferred Sales Charge (Load) (as a percentage of the
lower
of original purchase price or sale proceeds)1
|
|
|
|
|
|
|
|
Class
A |
Class
C |
Institutional |
Investor |
Class
R |
Class
R6 |
Management
Fees |
|
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|
Distribution
and/or Service (12b-1) Fees |
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|
|
Other
Expenses |
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|
|
|
Service
Fees |
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All
Other Expenses |
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|
|
|
Total
Annual Fund Operating Expenses |
|
|
|
|
|
|
Fee
Waiver and Expense Limitation2 |
( |
( |
( |
( |
( |
( |
Total
Annual Fund Operating Expenses After Fee Waiver and
Expense
Limitation |
|
|
|
|
|
|
|
|
1
Year |
3
Years |
5
Years |
10
Years |
Class
A Shares |
$ |
$ |
$ |
$ |
Class
C Shares |
$ |
$ |
$ |
$ |
Institutional
Shares |
$ |
$ |
$ |
$ |
Investor
Shares |
$ |
$ |
$ |
$ |
Class
R Shares |
$ |
$ |
$ |
$ |
Class
R6 Shares |
$ |
$ |
$ |
$ |
|
$ |
$ |
$ |
$ |
|
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|
1
Year |
5
Years |
10
Years |
Inception
Date | |
Class
A Shares |
|
|
|
|
Returns
Before Taxes |
- |
|
|
|
Returns
After Taxes on Distributions |
- |
|
|
|
Returns
After Taxes on Distributions and Sale of Fund Shares |
- |
|
|
|
Class
C Shares |
|
|
|
|
Returns
Before Taxes |
- |
|
|
|
Institutional
Shares |
|
|
|
|
Returns
Before Taxes |
- |
|
|
|
Investor
Shares |
|
|
|
|
Returns
Before Taxes |
- |
|
|
|
Class
R Shares |
|
|
|
|
Returns |
- |
|
|
|
Class
R6 Shares |
|
|
|
|
Returns
Before Taxes |
- |
|
|
|
MSCI
EAFE Index (Net, USD, Unhedged; reflects no deduction for fees or
expenses) |
- |
|
|
|
Portfolio
Management |
Buying
and Selling Fund Shares |
Tax
Information |
Payments
to Broker-Dealers and
Other
Financial Intermediaries |
Tax
Information |
Payments
to Broker-Dealers and
Other
Financial Intermediaries |
INVESTMENT
OBJECTIVES |
PRINCIPAL
INVESTMENT STRATEGIES |
Belief |
How
the Investment Adviser Acts on This Belief |
Excess
returns may be generated by conducting thorough fundamental
research
and individual stock selection |
Seeks
to generate excess returns through an intensive research culture,
which
includes regular conversations with existing and potential investee
companies’
executives and their competitors, suppliers and
clients. |
A
team-based approach enriches debate and enhances the quality of
investment
decisions |
Conducts
stock level research in a team-orientated structure with frequent
and
open communication. |
Focused
and differentiated portfolios provide potential to generate excess
returns |
Builds
portfolios that are reflective of the team’s most compelling investment
ideas
so that the majority of excess returns is driven by stock
selection. |
Belief |
How
the Investment Adviser Acts on This Belief |
◼ Companies
that employ sustainable
practices
and adhere to ESG principles can be
more
responsive and adaptive to change,
better
preserve competitive advantages and
maintain
financial resiliency |
Seeks
to identify sound companies by conducting proprietary ESG research and
bottom-up company analysis. |
ADDITIONAL
FEES AND EXPENSES INFORMATION |
ADDITIONAL
PERFORMANCE INFORMATION |
OTHER
INVESTMENT PRACTICES AND
SECURITIES |
10 Percent
of total assets (including securities lending collateral) (italic
type)
10 Percent
of net assets (excluding borrowings for investment purposes) (roman
type)
• No
specific percentage limitation on usage; limited only by the objectives
and strategies of the Fund
|
International
Equity
ESG
Fund |
International
Equity
Income
Fund |
Investment
Practices |
|
|
Borrowings |
33 1∕3 |
33 1∕3 |
Cross
Hedging of Currencies |
• |
• |
Custodial
Receipts and Trust Certificates |
• |
• |
Equity,
Index and Currency Swaps |
• |
• |
Foreign
Currency Transactions (including forward contracts) |
• |
• |
Futures
Contracts and Options and Swaps on Futures Contracts |
• |
• |
Illiquid
Investments* |
15 |
15 |
Initial
Public Offerings (“IPOs”) |
• |
• |
Investment
Company Securities (including ETFs)** |
10 |
10 |
Options
on Foreign Currencies1
|
• |
• |
Options2
|
• |
• |
Preferred
Stock, Warrants and Stock Purchase Rights |
• |
• |
Repurchase
Agreements |
• |
• |
Securities
Lending |
33 1∕3 |
33 1∕3 |
Unseasoned
Companies |
• |
• |
When-Issued
Securities and Forward Commitments |
• |
• |
10 Percent
of total assets (italic type)
10 Percent
of net assets (including borrowings for investment purposes) (roman
type)
• No
specific percentage limitation on usage; limited only by the objectives
and strategies of the Fund
|
International
Equity
ESG
Fund |
International
Equity
Income
Fund |
Investment
Securities |
|
|
Asset-Backed
and Mortgage-Backed Securities1
|
• |
• |
Bank
Obligations1,2
|
• |
• |
Convertible
Securities |
• |
• |
Corporate
Debt Obligations1
|
• |
• |
Depositary
Receipts |
• |
• |
Emerging
Country Securities |
• |
• |
Equity
Investments |
80+ |
80+ |
Fixed
Income Securities |
20 |
20 |
Foreign
Government Securities1
|
• |
• |
Foreign
Securities |
• |
• |
Non-Investment
Grade Fixed Income Securities1,3
|
20 |
20 |
Private
Investments in Public Equity (“PIPEs”) |
• |
• |
Real
Estate Investment Trusts |
• |
• |
Special
Purpose Acquisition Companies (“SPACs”) |
• |
• |
Structured
Securities (which may include equity linked notes) |
• |
• |
Temporary
Investments |
• |
• |
U.S.
Government Securities1
|
• |
• |
✓ Principal
• Non-Principal |
International
Equity
ESG |
International
Equity
Income |
Credit/Default |
• |
• |
Cybersecurity |
• |
• |
Derivatives |
• |
• |
Dividend-Paying
Investments |
|
✓ |
Emerging
Countries |
✓ |
✓ |
ESG
Integration |
|
• |
ESG
Standards |
✓ |
|
Foreign |
✓ |
✓ |
Foreign
Custody |
✓ |
✓ |
Geographic |
• |
• |
Interest
Rate |
• |
• |
Investment
Style |
• |
• |
IPO |
• |
• |
Issuer
Concentration |
✓ |
✓ |
Large
Shareholder Transactions |
✓ |
✓ |
Liquidity |
• |
• |
Management |
• |
• |
Market |
✓ |
✓ |
Mid-Cap
and Small-Cap |
• |
• |
Net
Asset Value (“NAV”) |
• |
• |
Non-Investment
Grade Fixed Income Securities |
• |
• |
Option
Writing |
|
• |
Private
Investments in Public Equity (“PIPEs”) |
• |
• |
Sector |
✓ |
✓ |
Special
Purpose Acquisition Companies (“SPACs”) |
• |
• |
Stock |
✓ |
✓ |
INVESTMENT
ADVISER |
Investment
Adviser |
Fund |
Goldman
Sachs Asset Management, L.P. (“GSAM”)
200
West Street
New
York, NY 10282 |
International
Equity ESG
International
Equity Income |
MANAGEMENT
FEES AND OTHER EXPENSES |
Fund |
Contractual
Management
Fee
Annual
Rate |
Average
Daily
Net
Assets |
Actual
Rate
For
the Fiscal
Year
Ended
October
31, 2022* |
International
Equity ESG |
0.85% |
First $1
Billion |
0.82% |
|
0.77% |
Next $1
Billion |
|
|
0.73% |
Next $3
Billion |
|
|
0.71% |
Next $3
Billion |
|
|
0.70% |
Over $8
Billion |
|
International
Equity Income |
0.80% |
First $1
Billion |
0.80% |
|
0.72% |
Next $1
Billion |
|
|
0.68% |
Next $3
Billion |
|
|
0.67% |
Next $3
Billion |
|
|
0.66% |
Over $8
Billion |
|
FUND
MANAGERS |
Name
and Title |
Fund
Responsibility |
Years
Primarily
Responsible |
Five
Year Employment History |
Alexis
Deladerrière, CFA
Managing
Director |
Portfolio
Manager—
International
Equity ESG
International
Equity Income |
Since
2012
2012 |
Mr.
Deladerrière is the Head of International Developed
Markets
Equity within the Fundamental Equity team and the
portfolio
manager for the International Equity ESG and
International
Equity Income strategies. Mr. Deladerrière
joined
the Investment Adviser in July 2002 as a research
analyst. |
Abhishek
Periwal, CFA
Vice
President |
Portfolio
Manager—
International
Equity ESG
International
Equity Income |
Since
2018
2018 |
Mr.
Periwal is a portfolio manager for international equity
strategies
within the Fundamental Equity team, including the
International
Equity ESG and International Equity Income
strategies.
Mr. Periwal joined the Investment Adviser in 2007
as
an investment analyst. |
DISTRIBUTOR
AND TRANSFER AGENT |
ACTIVITIES
OF GOLDMAN SACHS AND ITS AFFILIATES AND OTHER
ACCOUNTS
MANAGED BY GOLDMAN SACHS |
How
To Buy Shares |
|
Initial |
Additional* |
Regular
Accounts |
$1,000 |
$50 |
Employee
Benefit Plans |
No
Minimum |
No
Minimum |
Uniform
Gift/Transfer to Minors Accounts (UGMA/UTMA) |
$250 |
$50 |
Individual
Retirement Accounts and Coverdell ESAs |
$250 |
$50 |
Automatic
Investment Plan Accounts |
$250 |
$50 |
NAV
= |
(Value
of Assets of the Class)
–
(Liabilities of the Class) |
|
Number
of Outstanding Shares of the
Class |
Common
Questions Applicable to the Purchase of
Class
A Shares |
Amount
of Purchase
(including
sales charge, if any) |
Sales
Charge as
Percentage
of
Offering
Price |
Sales
Charge
as
Percentage
of
Net Amount
Invested |
Maximum
Dealer
Allowance
as
Percentage
of
Offering
Price* |
Less
than $50,000 |
5.50% |
5.82% |
5.00% |
$50,000
up to (but less than) $100,000 |
4.75 |
4.99 |
4.00 |
$100,000
up to (but less than) $250,000 |
3.75 |
3.90 |
3.00 |
$250,000
up to (but less than) $500,000 |
2.75 |
2.83 |
2.25 |
$500,000
up to (but less than) $1 million |
2.00 |
2.04 |
1.75 |
$1
million or more |
0.00** |
0.00** |
*** |
Common
Questions Applicable to the Purchase Of Class C
Shares |
Common
Questions Applicable to the Purchase Of
Class
A and C Shares |
How
To Sell Shares |
Shareholder
Services |
Distribution
and Service Fees |
Class
C Personal And Account Maintenance
Services
And Fees |
Service
Shares Service Plan And Shareholder
Administration
Plan |
Restrictions
on Excessive Trading
Practices |
DISTRIBUTIONS |
SALES
AND EXCHANGES |
OTHER
INFORMATION |
A. General
Portfolio Risks |
B. Other
Portfolio Risks |
C. Portfolio
Securities and Techniques |
|
Goldman
Sachs International Equity ESG Fund | ||||
|
Class
A Shares | ||||
|
Year
Ended October 31, | ||||
|
2022 |
2021 |
2020 |
2019 |
2018 |
Per
Share Data | |||||
Net
asset value, beginning of year |
$30.27 |
$21.01 |
$20.67 |
$17.88 |
$19.92 |
Net
investment income(a) |
0.29 |
0.23 |
0.04 |
0.28 |
0.22 |
Net
realized and unrealized gain (loss) |
(7.31) |
9.03 |
0.66 |
2.76 |
(2.01) |
Total
from investment operations |
(7.02) |
9.26 |
0.70 |
3.04 |
(1.79) |
Distributions
to shareholders from net investment income |
(0.33) |
—(b) |
(0.36) |
(0.25) |
(0.25) |
Distributions
to shareholders from net realized gains |
(1.48) |
— |
— |
— |
— |
Total
distributions |
(1.81) |
— |
(0.36) |
(0.25) |
(0.25) |
Net
asset value, end of year |
$21.44 |
$30.27 |
$21.01 |
$20.67 |
$17.88 |
Total
Return(c) |
(24.50)% |
44.15% |
3.30% |
17.33% |
(9.11)% |
Net
assets, end of year (in 000’s) |
$87,228 |
$62,250 |
$33,927 |
$35,181 |
$34,602 |
Ratio
of net expenses to average net assets |
1.18% |
1.18% |
1.20% |
1.26% |
1.29% |
Ratio
of total expenses to average net assets |
1.36% |
1.47% |
1.69% |
1.69% |
1.58% |
Ratio
of net investment income to average net assets |
1.19% |
0.82% |
0.21% |
1.52% |
1.11% |
Portfolio
turnover rate(d) |
35% |
39% |
55% |
41% |
38% |
|
Goldman
Sachs International Equity ESG Fund | ||||
|
Class
C Shares | ||||
|
Year
Ended October 31, | ||||
|
2022 |
2021 |
2020 |
2019 |
2018 |
Per
Share Data | |||||
Net
asset value, beginning of year |
$27.80 |
$19.44 |
$19.16 |
$16.49 |
$18.39 |
Net
investment income (loss)(a) |
0.12 |
—(b) |
(0.10) |
0.13 |
0.07 |
Net
realized and unrealized gain (loss) |
(6.72) |
8.36 |
0.60 |
2.58 |
(1.86) |
Total
from investment operations |
(6.60) |
8.36 |
0.50 |
2.71 |
(1.79) |
Distributions
to shareholders from net investment income |
(0.18) |
— |
(0.22) |
(0.04) |
(0.11) |
Distributions
to shareholders from net realized gains |
(1.48) |
— |
— |
— |
— |
Total
distributions |
(1.66) |
— |
(0.22) |
(0.04) |
(0.11) |
Net
asset value, end of year |
$19.54 |
$27.80 |
$19.44 |
$19.16 |
$16.49 |
Total
Return(c) |
(25.08)% |
43.08% |
2.53% |
16.49% |
(9.79)% |
Net
assets, end of year (in 000’s) |
$7,481 |
$8,953 |
$9,369 |
$10,400 |
$9,985 |
Ratio
of net expenses to average net assets |
1.93% |
1.93% |
1.95% |
2.01% |
2.04% |
Ratio
of total expenses to average net assets |
2.11% |
2.23% |
2.44% |
2.44% |
2.33% |
Ratio
of net investment income (loss) to average net
assets |
0.52% |
(0.01)% |
(0.54)% |
0.78% |
0.40% |
Portfolio
turnover rate(d) |
35% |
39% |
55% |
41% |
38% |
|
Goldman
Sachs International Equity ESG Fund | ||||
|
Institutional
Shares | ||||
|
Year
Ended October 31, | ||||
|
2022 |
2021 |
2020 |
2019 |
2018 |
Per
Share Data | |||||
Net
asset value, beginning of year |
$31.04 |
$21.53 |
$21.17 |
$18.23 |
$20.30 |
Net
investment income(a) |
0.44 |
0.35 |
0.15 |
0.29 |
0.40 |
Net
realized and unrealized gain (loss) |
(7.57) |
9.23 |
0.63 |
2.89 |
(2.14) |
Total
from investment operations |
(7.13) |
9.58 |
0.78 |
3.18 |
(1.74) |
Distributions
to shareholders from net investment income |
(0.40) |
(0.07) |
(0.42) |
(0.24) |
(0.33) |
Distributions
to shareholders from net realized gains |
(1.48) |
— |
— |
— |
— |
Total
distributions |
(1.88) |
(0.07) |
(0.42) |
(0.24) |
(0.33) |
Net
asset value, end of year |
$22.03 |
$31.04 |
$21.53 |
$21.17 |
$18.23 |
Total
Return(b) |
(24.27)% |
44.62% |
3.62% |
17.76% |
(8.76)% |
Net
assets, end of year (in 000’s) |
$256,615 |
$111,615 |
$23,137 |
$7,660 |
$6,835 |
Ratio
of net expenses to average net assets |
0.86% |
0.86% |
0.86% |
0.90% |
0.90% |
Ratio
of total expenses to average net assets |
0.98% |
1.09% |
1.33% |
1.31% |
1.17% |
Ratio
of net investment income to average net assets |
1.77% |
1.20% |
0.72% |
1.49% |
1.94% |
Portfolio
turnover rate(c) |
35% |
39% |
55% |
41% |
38% |
|
Goldman
Sachs International Equity ESG Fund | ||||
|
Service
Shares | ||||
|
Year
Ended October 31, | ||||
|
2022 |
2021 |
2020 |
2019 |
2018 |
Per
Share Data | |||||
Net
asset value, beginning of year |
$31.63 |
$22.00 |
$21.63 |
$18.70 |
$20.68 |
Net
investment income(a) |
0.32 |
0.17 |
0.01 |
0.28 |
0.22 |
Net
realized and unrealized gain (loss) |
(7.71) |
9.46 |
0.70 |
2.88 |
(2.10) |
Total
from investment operations |
(7.39) |
9.63 |
0.71 |
3.16 |
(1.88) |
Distributions
to shareholders from net investment income |
(0.38) |
— |
(0.34) |
(0.23) |
(0.10) |
Distributions
to shareholders from net realized gains |
(1.48) |
— |
— |
— |
— |
Total
distributions |
(1.86) |
— |
(0.34) |
(0.23) |
(0.10) |
Net
asset value, end of year |
$22.38 |
$31.63 |
$22.00 |
$21.63 |
$18.70 |
Total
Return(b) |
(24.64)% |
43.90% |
3.16% |
17.20% |
(9.14)% |
Net
assets, end of year (in 000’s) |
$575 |
$260 |
$4 |
$4 |
$4 |
Ratio
of net expenses to average net assets |
1.36% |
1.36% |
1.34% |
1.36% |
1.34% |
Ratio
of total expenses to average net assets |
1.48% |
1.58% |
1.79% |
1.75% |
1.58% |
Ratio
of net investment income to average net assets |
1.27% |
0.57% |
0.07% |
1.44% |
1.07% |
Portfolio
turnover rate(c) |
35% |
39% |
55% |
41% |
38% |
|
Goldman
Sachs International Equity ESG Fund | ||||
|
Investor
Shares | ||||
|
Year
Ended October 31, | ||||
|
2022 |
2021 |
2020 |
2019 |
2018 |
Per
Share Data | |||||
Net
asset value, beginning of year |
$30.85 |
$21.41 |
$21.06 |
$18.20 |
$20.23 |
Net
investment income(a) |
0.46 |
0.34 |
0.09 |
0.36 |
0.24 |
Net
realized and unrealized gain (loss) |
(7.55) |
9.17 |
0.68 |
2.78 |
(2.02) |
Total
from investment operations |
(7.09) |
9.51 |
0.77 |
3.14 |
(1.78) |
Distributions
to shareholders from net investment income |
(0.40) |
(0.07) |
(0.42) |
(0.28) |
(0.25) |
Distributions
to shareholders from net realized gains |
(1.48) |
— |
— |
— |
— |
Total
distributions |
(1.88) |
(0.07) |
(0.42) |
(0.28) |
(0.25) |
Net
asset value, end of year |
$21.88 |
$30.85 |
$21.41 |
$21.06 |
$18.20 |
Total
Return(b) |
(24.30)% |
44.52% |
3.56% |
17.64% |
(8.92)% |
Net
assets, end of year (in 000’s) |
$78,730 |
$31,735 |
$1,298 |
$492 |
$421 |
Ratio
of net expenses to average net assets |
0.93% |
0.93% |
0.95% |
1.00% |
1.04% |
Ratio
of total expenses to average net assets |
1.10% |
1.20% |
1.44% |
1.44% |
1.34% |
Ratio
of net investment income to average net assets |
1.86% |
1.15% |
0.44% |
1.87% |
1.20% |
Portfolio
turnover rate(c) |
35% |
39% |
55% |
41% |
38% |
|
Goldman
Sachs International Equity ESG Fund | ||||
|
Class
R6 Shares | ||||
|
Year
Ended October 31, | ||||
|
2022 |
2021 |
2020 |
2019 |
2018 |
Per
Share Data | |||||
Net
asset value, beginning of year |
$30.87 |
$21.41 |
$21.06 |
$18.23 |
$20.30 |
Net
investment income(a) |
0.44 |
0.36 |
0.14 |
0.45 |
0.31 |
Net
realized and unrealized gain (loss) |
(7.53) |
9.17 |
0.64 |
2.71 |
(2.05) |
Total
from investment operations |
(7.09) |
9.53 |
0.78 |
3.16 |
(1.74) |
Distributions
to shareholders from net investment income |
(0.40) |
(0.07) |
(0.43) |
(0.33) |
(0.33) |
Distributions
to shareholders from net realized gains |
(1.48) |
— |
— |
— |
— |
Total
distributions |
(1.88) |
(0.07) |
(0.43) |
(0.33) |
(0.33) |
Net
asset value, end of year |
$21.90 |
$30.87 |
$21.41 |
$21.06 |
$18.23 |
Total
Return(b) |
(24.27)% |
44.65% |
3.63% |
17.76% |
(8.74)% |
Net
assets, end of year (in 000’s) |
$50,922 |
$15,095 |
$1,981 |
$470 |
$11 |
Ratio
of net expenses to average net assets |
0.85% |
0.85% |
0.85% |
0.90% |
0.89% |
Ratio
of total expenses to average net assets |
0.97% |
1.08% |
1.32% |
1.31% |
1.18% |
Ratio
of net investment income to average net assets |
1.81% |
1.23% |
0.69% |
2.35% |
1.53% |
Portfolio
turnover rate(c) |
35% |
39% |
55% |
41% |
38% |
|
Goldman
Sachs International Equity Income Fund | ||||
|
Class
A Shares | ||||
|
Year
Ended October 31, | ||||
|
2022 |
2021 |
2020 |
2019 |
2018 |
Per
Share Data | |||||
Net
asset value, beginning of year |
$15.13 |
$11.54 |
$13.50 |
$13.25 |
$14.50 |
Net
investment income(a) |
0.39 |
0.39 |
0.23 |
0.37 |
0.37 |
Net
realized and unrealized gain (loss) |
(2.64) |
3.53 |
(1.69) |
1.53 |
(1.36) |
Total
from investment operations |
(2.25) |
3.92 |
(1.46) |
1.90 |
(0.99) |
Distributions
to shareholders from net investment income |
(0.41) |
(0.33) |
(0.50) |
(0.36) |
(0.26) |
Distributions
to shareholders from net realized gains |
— |
— |
— |
(1.29) |
— |
Total
distributions |
(0.41) |
(0.33) |
(0.50) |
(1.65) |
(0.26) |
Net
asset value, end of year |
$12.47 |
$15.13 |
$11.54 |
$13.50 |
$13.25 |
Total
Return(b) |
(15.16)% |
34.07% |
(11.23)% |
(16.95)% |
(6.98)% |
Net
assets, end of year (in 000’s) |
$32,121 |
$20,086 |
$13,669 |
$16,711 |
$15,844 |
Ratio
of net expenses to average net assets |
1.19% |
1.20% |
1.23% |
1.25% |
1.26% |
Ratio
of total expenses to average net assets |
1.42% |
1.69% |
1.92% |
2.16% |
1.90% |
Ratio
of net investment income to average net assets |
2.80% |
2.71% |
1.87% |
2.99% |
2.54% |
Portfolio
turnover rate(c) |
12% |
28% |
51% |
27% |
87% |
|
Goldman
Sachs International Equity Income Fund | ||||
|
Class
C Shares | ||||
|
Year
Ended October 31, | ||||
|
2022 |
2021 |
2020 |
2019 |
2018 |
Per
Share Data | |||||
Net
asset value, beginning of year |
$13.24 |
$10.14 |
$11.89 |
$11.88 |
$12.98 |
Net
investment income(a) |
0.24 |
0.25 |
0.13 |
0.25 |
0.25 |
Net
realized and unrealized gain (loss) |
(2.30) |
3.09 |
(1.50) |
1.34 |
(1.22) |
Total
from investment operations |
(2.06) |
3.34 |
(1.37) |
1.59 |
(0.97) |
Distributions
to shareholders from net investment income |
(0.31) |
(0.24) |
(0.38) |
(0.29) |
(0.13) |
Distributions
to shareholders from net realized gains |
— |
— |
— |
(1.29) |
— |
Total
distributions |
(0.31) |
(0.24) |
(0.38) |
(1.58) |
(0.13) |
Net
asset value, end of year |
$10.87 |
$13.24 |
$10.14 |
$11.89 |
$11.88 |
Total
Return(b) |
(15.76)% |
33.02% |
(11.88)% |
16.01% |
7.59% |
Net
assets, end of year (in 000’s) |
$1,653 |
$2,149 |
$1,514 |
$1,638 |
$1,673 |
Ratio
of net expenses to average net assets |
1.94% |
1.95% |
1.97% |
2.00% |
2.01% |
Ratio
of total expenses to average net assets |
2.19% |
2.44% |
2.67% |
2.91% |
2.63% |
Ratio
of net investment income to average net assets |
1.92% |
1.92% |
1.19% |
2.24% |
1.89% |
Portfolio
turnover rate(c) |
12% |
28% |
51% |
27% |
87% |
|
Goldman
Sachs International Equity Income Fund | ||||
|
Institutional
Shares | ||||
|
Year
Ended October 31, | ||||
|
2022 |
2021 |
2020 |
2019 |
2018 |
Per
Share Data | |||||
Net
asset value, beginning of year |
$16.01 |
$12.20 |
$14.26 |
$13.88 |
$15.20 |
Net
investment income(a) |
0.41 |
0.47 |
0.31 |
0.42 |
0.49 |
Net
realized and unrealized gain (loss) |
(2.75) |
3.71 |
(1.80) |
1.63 |
(1.46) |
Total
from investment operations |
(2.34) |
4.18 |
(1.49) |
2.05 |
(0.97) |
Distributions
to shareholders from net investment income |
(0.45) |
(0.37) |
(0.57) |
(0.38) |
(0.35) |
Distributions
to shareholders from net realized gains |
— |
— |
— |
(1.29) |
— |
Total
distributions |
(0.45) |
(0.37) |
(0.57) |
(1.67) |
(0.35) |
Net
asset value, end of year |
$13.22 |
$16.01 |
$12.20 |
$14.26 |
$13.88 |
Total
Return(b) |
(14.87)% |
34.45% |
(10.86)% |
17.29% |
(6.59)% |
Net
assets, end of year (in 000’s) |
$207,340 |
$24,118 |
$10,051 |
$5,232 |
$2,666 |
Ratio
of net expenses to average net assets |
0.85% |
0.85% |
0.85% |
0.88% |
0.87% |
Ratio
of total expenses to average net assets |
1.03% |
1.30% |
1.55% |
1.79% |
1.42% |
Ratio
of net investment income to average net assets |
2.87% |
3.05% |
2.36% |
3.13% |
3.19% |
Portfolio
turnover rate(c) |
12% |
28% |
51% |
27% |
87% |
|
Goldman
Sachs International Equity Income Fund | ||||
|
Investor
Shares | ||||
|
Year
Ended October 31, | ||||
|
2022 |
2021 |
2020 |
2019 |
2018 |
Per
Share Data | |||||
Net
asset value, beginning of year |
$15.09 |
$11.52 |
$13.51 |
$13.25 |
$14.51 |
Net
investment income(a) |
0.40 |
0.42 |
0.29 |
0.34 |
0.40 |
Net
realized and unrealized gain (loss) |
(2.61) |
3.51 |
(1.72) |
1.59 |
(1.35) |
Total
from investment operations |
(2.21) |
3.93 |
(1.43) |
1.93 |
(0.95) |
Distributions
to shareholders from net investment income |
(0.44) |
(0.36) |
(0.56) |
(0.38) |
(0.31) |
Distributions
to shareholders from net realized gains |
— |
— |
— |
(1.29) |
— |
Total
distributions |
(0.44) |
(0.36) |
(0.56) |
(1.67) |
(0.31) |
Net
asset value, end of year |
$12.44 |
$15.09 |
$11.52 |
$13.51 |
$13.25 |
Total
Return(b) |
(14.91)% |
34.25% |
(10.99)% |
17.21% |
(6.74)% |
Net
assets, end of year (in 000’s) |
$60,051 |
$20,450 |
$8,958 |
$3,515 |
$349 |
Ratio
of net expenses to average net assets |
0.94% |
0.95% |
0.98% |
1.09% |
1.01% |
Ratio
of total expenses to average net assets |
1.16% |
1.43% |
1.71% |
1.98% |
1.65% |
Ratio
of net investment income to average net assets |
2.95% |
2.92% |
2.39% |
2.67% |
2.78% |
Portfolio
turnover rate(c) |
12% |
28% |
51% |
27% |
87% |
|
Goldman
Sachs International Equity Income Fund | ||||
|
Class
R6 Shares | ||||
|
Year
Ended October 31, | ||||
|
2022 |
2021 |
2020 |
2019 |
2018 |
Per
Share Data | |||||
Net
asset value, beginning of year |
$15.99 |
$12.18 |
$14.25 |
$13.87 |
$15.20 |
Net
investment income(a) |
0.42 |
0.47 |
0.28 |
0.49 |
0.45 |
Net
realized and unrealized gain (loss) |
(2.76) |
3.72 |
(1.78) |
1.57 |
(1.43) |
Total
from investment operations |
(2.34) |
4.19 |
(1.50) |
2.06 |
(0.98) |
Distributions
to shareholders from net investment income |
(0.45) |
(0.38) |
(0.57) |
(0.39) |
(0.35) |
Distributions
to shareholders from net realized gains |
— |
— |
— |
(1.29) |
— |
Total
distributions |
(0.45) |
(0.38) |
(0.57) |
(1.68) |
(0.35) |
Net
asset value, end of year |
$13.20 |
$15.99 |
$12.18 |
$14.25 |
$13.87 |
Total
Return(b) |
(14.89)% |
34.52% |
(10.93)% |
17.41% |
(6.62)% |
Net
assets, end of year (in 000’s) |
$22,020 |
$6,050 |
$2,304 |
$332 |
$68 |
Ratio
of net expenses to average net assets |
0.84% |
0.84% |
0.84% |
0.86% |
0.86% |
Ratio
of total expenses to average net assets |
1.03% |
1.29% |
1.59% |
1.80% |
1.51% |
Ratio
of net investment income to average net assets |
2.90% |
3.03% |
2.22% |
3.74% |
2.99% |
Portfolio
turnover rate(c) |
12% |
28% |
51% |
27% |
87% |
|
Goldman
Sachs International Equity Income Fund | ||||
|
Class
R Shares | ||||
|
Year
Ended October 31, | ||||
|
2022 |
2021 |
2020 |
2019 |
2018 |
Per
Share Data | |||||
Net
asset value, beginning of year |
$15.19 |
$11.60 |
$13.55 |
$13.32 |
$14.59 |
Net
investment income(a) |
0.34 |
0.41 |
0.24 |
0.36 |
0.34 |
Net
realized and unrealized gain (loss) |
(2.64) |
3.48 |
(1.74) |
1.52 |
(1.37) |
Total
from investment operations |
(2.30) |
3.89 |
(1.50) |
1.88 |
(1.03) |
Distributions
to shareholders from net investment income |
(0.36) |
(0.30) |
(0.45) |
(0.36) |
(0.24) |
Distributions
to shareholders from net realized gains |
— |
— |
— |
(1.29) |
— |
Total
distributions |
(0.36) |
(0.30) |
(0.45) |
(1.65) |
(0.24) |
Net
asset value, end of year |
$12.53 |
$15.19 |
$11.60 |
$13.55 |
$13.32 |
Total
Return(b) |
(15.36)% |
33.62% |
(11.44)% |
(16.63)% |
(7.19)% |
Net
assets, end of year (in 000’s) |
$514 |
$620 |
$173 |
$73 |
$84 |
Ratio
of net expenses to average net assets |
1.44% |
1.44% |
1.48% |
1.50% |
1.51% |
Ratio
of total expenses to average net assets |
1.69% |
1.91% |
2.19% |
2.40% |
2.18% |
Ratio
of net investment income to average net assets |
2.39% |
2.79% |
1.96% |
2.90% |
2.38% |
Portfolio
turnover rate(c) |
12% |
28% |
51% |
27% |
87% |
MERRILL
LYNCH |
AMERIPRISE
FINANCIAL |
MORGAN
STANLEY WEALTH MANAGEMENT |
RAYMOND
JAMES & ASSOCIATES, INC., RAYMOND JAMES FINANCIAL SERVICES, INC. AND
EACH ENTITY’S AFFILIATES
(“RAYMOND
JAMES”) |
JANNEY
MONTGOMERY SCOTT LLC |
EDWARD
D. JONES & CO., L.P. (“Edward
Jones”) |
OPPENHEIMER
& CO. INC. |
ROBERT
W. BAIRD & CO. (“BAIRD”) |
FOR
MORE INFORMATION |
|
Institutional,
Service & Class R6 |
Class
A, C, Investor & R |
◼ By
telephone: |
1-800-621-2550 |
1-800-526-7384 |
◼ By
mail: |
Goldman
Sachs Funds
P.O.
Box 806395
Chicago,
IL 60680-4125 |
Goldman
Sachs Funds
P.O.
Box 219711
Kansas
City, MO 64121 |
◼ On
the Internet: |
SEC
EDGAR database – http://www.sec.gov |
|