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Goldman Sachs Emerging Markets Equity Fund
mutual fund
GEMUX
Payout Change
Pending
Price as of:
$24.18
+0.02
+0.08%
primary theme
Emerging Markets Equity
GEMUX (Mutual Fund)
Goldman Sachs Emerging Markets Equity Fund
Payout Change
Pending
Price as of:
$24.18
+0.02
+0.08%
primary theme
Emerging Markets Equity
GEMUX (Mutual Fund)
Goldman Sachs Emerging Markets Equity Fund
Payout Change
Pending
Price as of:
$24.18
+0.02
+0.08%
primary theme
Emerging Markets Equity
Name
As of 12/13/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
12.4%
1 yr return
15.2%
3 Yr Avg Return
-5.4%
5 Yr Avg Return
1.9%
Net Assets
$2.73 B
Holdings in Top 10
35.7%
52 WEEK LOW AND HIGH
$24.2
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.11%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 52.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$5,000,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/13/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
GEMUX - Profile
Distributions
- YTD Total Return 12.4%
- 3 Yr Annualized Total Return -5.4%
- 5 Yr Annualized Total Return 1.9%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 0.22%
- Dividend Yield 1.2%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameGoldman Sachs Emerging Markets Equity Fund
-
Fund Family NameGoldman Sachs Fund Complex
-
Inception DateJul 31, 2015
-
Shares OutstandingN/A
-
Share ClassR6
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerBasak Yavuz
Fund Description
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 a portfolio of equity investments in emerging country issuers. Such equity investments may include exchange-traded funds (“ETFs”), futures and other instruments with similar economic exposures. The Investment Adviser may consider classifications by the World Bank, the International Finance Corporation, the United Nations (and its agencies) or the Fund’s benchmark index provider in determining whether a country is emerging or developed. Emerging countries are generally located in Africa, Asia, the Middle East, Central and Eastern Europe and Central and South America.Under normal circumstances, the Fund maintains investments in at least six emerging countries. Allocation of the Fund’s investments is determined by the Investment Adviser’s assessment of a company’s upside potential and downside risk, how attractive it appears relative to other holdings, and how the addition will impact sector and industry weightings. The largest weightings in the Fund’s portfolio relative to the benchmark of the Fund are given to companies the Investment Adviser believes have the most upside return potential relative to their contribution to overall portfolio risk. The Fund’s investments are selected using a strong valuation discipline to purchase what the Investment Adviser believes are well-positioned, cash-generating businesses run by shareholder-oriented management teams.The Investment Adviser employs a fundamental investment process that may integrate environmental, social and governance (“ESG”) factors alongside traditional fundamental factors. No one factor or consideration is determinative in the stock selection process.The Fund may invest in the aggregate up to 20% of its Net Assets in: (i) fixed income securities of private and government emerging country issuers; and (ii) equity and fixed income securities, such as government, corporate and bank debt obligations, of developed country issuers.The Fund’s benchmark index is the Morgan Stanley Capital International (MSCI) Emerging Markets Index (Net, USD, Unhedged).THE FUND IS NON-DIVERSIFIED UNDER THE INVESTMENT COMPANY ACT OF 1940, AS AMENDED (“INVESTMENT COMPANY ACT”), AND MAY INVEST A LARGER PERCENTAGE OF ITS ASSETS IN ONE OR MORE ISSUERS OR IN FEWER ISSUERS THAN DIVERSIFIED MUTUAL FUNDS.
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GEMUX - Performance
Return Ranking - Trailing
| Period | GEMUX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 12.4% | -11.8% | 40.0% | 24.50% |
| 1 Yr | 15.2% | -8.7% | 41.1% | 25.50% |
| 3 Yr | -5.4%* | -11.5% | 11.1% | 85.31% |
| 5 Yr | 1.9%* | -5.3% | 12.2% | 61.54% |
| 10 Yr | N/A* | -1.2% | 7.0% | 14.29% |
* Annualized
Return Ranking - Calendar
| Period | GEMUX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 5.2% | -6.5% | 35.5% | 83.74% |
| 2022 | -30.2% | -50.1% | -2.4% | 83.80% |
| 2021 | -3.4% | -33.1% | 22.5% | 38.53% |
| 2020 | 30.6% | -22.1% | 80.1% | 15.50% |
| 2019 | 24.7% | -0.7% | 42.0% | 14.70% |
Total Return Ranking - Trailing
| Period | GEMUX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 12.4% | -11.8% | 40.0% | 24.50% |
| 1 Yr | 15.2% | -8.7% | 41.1% | 25.50% |
| 3 Yr | -5.4%* | -11.5% | 11.1% | 85.31% |
| 5 Yr | 1.9%* | -5.3% | 12.2% | 61.54% |
| 10 Yr | N/A* | -1.2% | 7.0% | 13.54% |
* Annualized
Total Return Ranking - Calendar
| Period | GEMUX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 6.6% | -1.0% | 42.0% | 84.88% |
| 2022 | -30.0% | -42.2% | 1.9% | 89.69% |
| 2021 | -2.4% | -32.5% | 33.1% | 56.94% |
| 2020 | 31.0% | -20.0% | 81.6% | 16.97% |
| 2019 | 26.1% | 2.3% | 42.0% | 23.65% |
NAV & Total Return History
GEMUX - Holdings
Concentration Analysis
| GEMUX | Category Low | Category High | GEMUX % Rank | |
|---|---|---|---|---|
| Net Assets | 2.73 B | 682 K | 103 B | 21.08% |
| Number of Holdings | 130 | 2 | 7534 | 37.46% |
| Net Assets in Top 10 | 986 M | 290 K | 23.8 B | 20.66% |
| Weighting of Top 10 | 35.72% | 2.9% | 101.1% | 48.50% |
Top 10 Holdings
- Taiwan Semiconductor Manufacturing Co Ltd 10.05%
- Samsung Electronics Co Ltd 6.64%
- Tencent Holdings Ltd 5.81%
- ICICI Bank Ltd 2.53%
- Zomato Ltd 2.26%
- Meituan 1.84%
- Kweichow Moutai Co Ltd 1.76%
- Alibaba Group Holding Ltd 1.72%
- Infosys Ltd 1.56%
- Bank Central Asia Tbk PT 1.56%
Asset Allocation
| Weighting | Return Low | Return High | GEMUX % Rank | |
|---|---|---|---|---|
| Stocks | 99.65% | 0.00% | 103.28% | 10.54% |
| Preferred Stocks | 0.68% | 0.00% | 13.31% | 46.30% |
| Other | 0.00% | -1.11% | 39.53% | 49.57% |
| Convertible Bonds | 0.00% | 0.00% | 7.40% | 29.12% |
| Cash | 0.00% | -2.03% | 100.35% | 95.01% |
| Bonds | 0.00% | 0.00% | 95.13% | 34.47% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | GEMUX % Rank | |
|---|---|---|---|---|
| Technology | 26.02% | 0.00% | 47.50% | 27.56% |
| Financial Services | 23.66% | 0.00% | 48.86% | 33.33% |
| Consumer Cyclical | 14.36% | 0.00% | 48.94% | 27.99% |
| Consumer Defense | 10.10% | 0.00% | 25.90% | 12.55% |
| Communication Services | 9.20% | 0.00% | 39.29% | 47.33% |
| Industrials | 5.46% | 0.00% | 43.53% | 59.31% |
| Healthcare | 4.57% | 0.00% | 16.53% | 36.36% |
| Basic Materials | 2.37% | 0.00% | 30.03% | 90.62% |
| Real Estate | 1.56% | 0.00% | 17.15% | 51.80% |
| Energy | 1.39% | 0.00% | 24.80% | 82.11% |
| Utilities | 1.30% | 0.00% | 39.12% | 49.64% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | GEMUX % Rank | |
|---|---|---|---|---|
| Non US | 94.83% | 0.00% | 100.52% | 10.83% |
| US | 4.83% | 0.00% | 100.95% | 73.93% |
GEMUX - Expenses
Operational Fees
| GEMUX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.11% | 0.03% | 29.98% | 66.14% |
| Management Fee | 0.99% | 0.00% | 2.00% | 73.61% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.01% | 0.85% | N/A |
Sales Fees
| GEMUX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 3.50% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| GEMUX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| GEMUX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 52.00% | 0.00% | 189.00% | 57.82% |
GEMUX - Distributions
Dividend Yield Analysis
| GEMUX | Category Low | Category High | GEMUX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 1.18% | 0.00% | 9.74% | 67.09% |
Dividend Distribution Analysis
| GEMUX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | None | Annual | SemiAnnual | Annual |
Net Income Ratio Analysis
| GEMUX | Category Low | Category High | GEMUX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.22% | -1.98% | 17.62% | 69.38% |
Capital Gain Distribution Analysis
| GEMUX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 20, 2023 | $0.286 | OrdinaryDividend |
| Dec 20, 2022 | $0.051 | OrdinaryDividend |
| Dec 20, 2021 | $0.281 | OrdinaryDividend |
| Dec 18, 2020 | $0.098 | OrdinaryDividend |
| Dec 20, 2019 | $0.252 | OrdinaryDividend |
| Dec 21, 2018 | $0.152 | OrdinaryDividend |
| Dec 22, 2017 | $0.113 | OrdinaryDividend |
| Dec 22, 2016 | $0.179 | OrdinaryDividend |
| Dec 23, 2015 | $0.018 | OrdinaryDividend |
GEMUX - Fund Manager Analysis
Managers
Basak Yavuz
Start Date
Tenure
Tenure Rank
Feb 27, 2015
7.26
7.3%
Ms. Yavuz is the co-head of GSAM’s Emerging Markets Equity team and a portfolio manager for GSAM’s Emerging Markets Equity. Ms. Yavuz joined the Goldman Sachs Asset Management, L.P in September 2011 from HSBC Asset Management, where she spent three and half years as a portfolio manager for frontier markets. Prior to joining HSBC, she was a research analyst at AllianceBernstein in London from 2001 to 2008.
Hiren Dasani
Start Date
Tenure
Tenure Rank
May 08, 2017
5.07
5.1%
Hiren Dasani is the co-head of GSAM’s Emerging Markets Equity team and a portfolio manager for GSAM’s Emerging Markets Equity and India Equity strategies. Mr. Dasani joined GSAM’s India Equity Research team in January 2007 from SSKI Securities.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.09 | 33.71 | 6.67 | 13.42 |
