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Trending ETFs

Goldman Sachs GQG Partners International Opportunities Fund

mutual fund
GSINX
Payout Change
Pending
Price as of:
$22.02 -0.15 -0.68%
primary theme
International Large-Cap Growth Equity
GSINX (Mutual Fund)

Goldman Sachs GQG Partners International Opportunities Fund

Payout Change
Pending
Price as of:
$22.02 -0.15 -0.68%
primary theme
International Large-Cap Growth Equity
GSINX (Mutual Fund)

Goldman Sachs GQG Partners International Opportunities Fund

Payout Change
Pending
Price as of:
$22.02 -0.15 -0.68%
primary theme
International Large-Cap Growth Equity

Name

As of 03/15/2024

Price

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

$22.02

$29.6 B

2.04%

$0.45

0.90%

Vitals

YTD Return

11.6%

1 yr return

38.4%

3 Yr Avg Return

10.2%

5 Yr Avg Return

12.7%

Net Assets

$29.6 B

Holdings in Top 10

40.4%

52 WEEK LOW AND HIGH

$22.2
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.90%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 94.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$0

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 03/15/2024

Price

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

$22.02

$29.6 B

2.04%

$0.45

0.90%

GSINX - Profile

Distributions

  • YTD Total Return 11.6%
  • 3 Yr Annualized Total Return 10.2%
  • 5 Yr Annualized Total Return 12.7%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 1.70%
DIVIDENDS
  • Dividend Yield 2.0%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    Goldman Sachs GQG Partners International Opportunities Fund
  • Fund Family Name
    Goldman Sachs Fund Complex
  • Inception Date
    Dec 15, 2016
  • Shares Outstanding
    N/A
  • Share Class
    Investor
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Rajiv Jain

Fund Description

The Fund seeks to achieve its investment objective by investing primarily in equity investments in non-U.S. issuers. A non-U.S. issuer is an issuer economically tied to a country other than the United States. The Fund intends to have investments economically tied to at least three countries, not including the United States, and may invest in the securities of issuers in emerging market countries. The Fund’s equity investments may include common stock, preferred stock, securities convertible into common stock, warrants, rights and American and global depositary receipts. The Fund’s equity investments may also include participation notes and other derivatives, which are used primarily to gain broad access to markets and/or individual securities that may be difficult to access via direct investment in equity securities.The Fund seeks to invest in securities that GQG Partners LLC (the “Sub-Adviser” or “GQG Partners”) believes have favorable longterm economic prospects. The Sub-Adviser selects securities issued by companies that, in its view, can sustain relative earnings growth over the long-term and are available at a reasonable price. Over a full market cycle, the Sub-Adviser’s investment style seeks to capture a portion of market increases while providing some protection when the market declines. The Sub-Adviser’s style seeks to identify companies with strong fundamental business characteristics which it believes will outperform peers over a full market cycle and whose securities will better sustain their value in a market downturn.The Fund’s equity investments may also include other investment companies and other pooled investment vehicles (including mutual funds, exchange-traded funds (“ETFs”) and publicly traded partnerships (“PTPs”)). The Fund is not subject to any limits on the market capitalization of securities in which it may invest and, from time to time, may invest in shares of companies through initial public offerings (“IPOs”).The Fund may invest without limitation in securities or obtain exposure to securities that are denominated in currencies other than the U.S. dollar. The Fund may use currency management techniques, such as forward foreign currency contracts, for investment or hedging purposes.The Fund may also invest in fixed income securities, such as government, corporate and bank debt obligations and may engage in other techniques consistent with its overall investment objective.Management ProcessThe Investment Adviser and the Fund have received an exemptive order from the Securities and Exchange Commission (“SEC”). Under the exemptive order, the Investment Adviser has the ultimate responsibility, subject to oversight by the Fund’s Board of Trustees, to oversee the Sub-Adviser and recommend its hiring, termination and replacement. The initial shareholder of the Fund approved the Fund’s operation in this manner and reliance by the Fund on this exemptive order.In accordance with a separate exemptive order that the Fund and the Investment Adviser have obtained from the SEC, the Board of Trustees may enter into a new sub-advisory agreement or materially amend its existing sub-advisory agreement with the Sub-Adviser at a meeting that is not in person, subject to certain conditions, including that the Board of Trustees is able to participate in the meeting using a means of communication that allows them to hear each other simultaneously during the meeting.Additional InformationThe Fund’s benchmark index is the MSCI ACWI ex USA Index (net, unhedged).
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GSINX - Performance

Return Ranking - Trailing

Period GSINX Return Category Return Low Category Return High Rank in Category (%)
YTD 11.6% -1.4% 18.8% 2.75%
1 Yr 38.4% 1.0% 38.6% 1.00%
3 Yr 10.2%* -21.7% 11.1% 1.30%
5 Yr 12.7%* -2.6% 12.8% 1.20%
10 Yr N/A* -0.9% 9.8% N/A

* Annualized

Return Ranking - Calendar

Period GSINX Return Category Return Low Category Return High Rank in Category (%)
2023 19.2% -0.4% 28.6% 11.41%
2022 -15.3% -49.5% -13.3% 1.24%
2021 10.0% -22.2% 19.3% 11.83%
2020 15.5% -4.9% 85.0% 70.08%
2019 26.7% -4.0% 45.1% 45.10%

Total Return Ranking - Trailing

Period GSINX Return Category Return Low Category Return High Rank in Category (%)
YTD 11.6% -1.4% 18.8% 2.75%
1 Yr 38.4% 1.0% 38.6% 1.00%
3 Yr 10.2%* -21.7% 11.1% 1.30%
5 Yr 12.7%* -2.6% 12.8% 1.20%
10 Yr N/A* -0.9% 9.8% N/A

* Annualized

Total Return Ranking - Calendar

Period GSINX Return Category Return Low Category Return High Rank in Category (%)
2023 22.0% 1.8% 28.6% 4.47%
2022 -11.2% -44.4% -11.0% 1.00%
2021 12.3% -20.6% 20.5% 17.48%
2020 15.6% -4.9% 97.1% 83.83%
2019 27.4% 0.5% 45.3% 61.42%

NAV & Total Return History


GSINX - Holdings

Concentration Analysis

GSINX Category Low Category High GSINX % Rank
Net Assets 29.6 B 169 K 127 B 6.39%
Number of Holdings 60 4 1730 63.39%
Net Assets in Top 10 11.9 B 67.7 K 34.8 B 6.39%
Weighting of Top 10 40.44% 11.2% 99.3% 21.13%

Top 10 Holdings

  1. Novo Nordisk A/S 7.10%
  2. TotalEnergies SE 5.82%
  3. AstraZeneca PLC 5.40%
  4. Glencore PLC 4.58%
  5. NVIDIA Corp 4.46%
  6. Petroleo Brasileiro SA 2.73%
  7. Petroleo Brasileiro SA 2.71%
  8. Canadian Natural Resources Ltd 2.66%
  9. ASML Holding NV 2.54%
  10. Goldman Sachs Financial Square Government Fund 2.43%

Asset Allocation

Weighting Return Low Return High GSINX % Rank
Stocks
95.46% 85.39% 101.49% 74.20%
Preferred Stocks
4.73% 0.00% 4.73% 1.23%
Cash
0.86% 0.00% 13.24% 78.62%
Other
0.00% -1.92% 4.14% 73.22%
Convertible Bonds
0.00% 0.00% 2.45% 68.97%
Bonds
0.00% 0.00% 0.11% 68.80%

Stock Sector Breakdown

Weighting Return Low Return High GSINX % Rank
Energy
24.97% 0.00% 24.97% 1.23%
Basic Materials
18.54% 0.00% 23.15% 1.97%
Consumer Defense
17.66% 0.00% 28.66% 7.88%
Financial Services
17.14% 0.00% 38.62% 29.31%
Healthcare
12.63% 1.36% 29.58% 70.44%
Utilities
4.40% 0.00% 9.05% 4.93%
Technology
3.85% 1.51% 38.21% 98.77%
Industrials
0.81% 0.68% 31.28% 99.26%
Real Estate
0.00% 0.00% 6.64% 83.50%
Communication Services
0.00% 0.00% 41.13% 94.83%
Consumer Cyclical
0.00% 0.00% 46.28% 99.51%

Stock Geographic Breakdown

Weighting Return Low Return High GSINX % Rank
Non US
68.35% 0.00% 101.44% 88.21%
US
27.10% 0.00% 99.95% 14.99%

GSINX - Expenses

Operational Fees

GSINX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.90% 0.01% 13.07% 66.17%
Management Fee 0.71% 0.00% 1.50% 49.63%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.03% 0.80% N/A

Sales Fees

GSINX 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

GSINX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.25% 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.

GSINX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 94.00% 7.00% 149.00% 92.48%

GSINX - Distributions

Dividend Yield Analysis

GSINX Category Low Category High GSINX % Rank
Dividend Yield 2.04% 0.00% 12.70% 18.97%

Dividend Distribution Analysis

GSINX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annual Quarterly Annual

Net Income Ratio Analysis

GSINX Category Low Category High GSINX % Rank
Net Income Ratio 1.70% -1.69% 3.16% 2.98%

Capital Gain Distribution Analysis

GSINX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Distributions History

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GSINX - Fund Manager Analysis

Managers

Rajiv Jain


Start Date

Tenure

Tenure Rank

Dec 15, 2016

5.46

5.5%

Rajiv Jain is the Chairman, Chief Investment Officer and Portfolio Manager of GQG Partners LLC. Prior to joining GQG Partners in 2016, Mr. Jain served as a Co-Chief Executive Officer, Chief Investment Officer and Head of Equities at Vontobel Asset Management (“Vontobel”). He joined Vontobel in 1994 as an equity analyst & associate manager of its international equity portfolios. Mr. Jain earned an MBA in Finance and International Business from the University of Miami in 1993. He also has a Master’s degree from the University of Ajmer and an undergraduate degree in Accounting.

Brian Kersmanc


Start Date

Tenure

Tenure Rank

Sep 01, 2019

2.75

2.8%

Brian is a deputy portfolio manager for GQG Partners LLC’s International Equity strategy since 2019 and has been a senior investment analyst on the investment team since he joined the firm in 2016. Prior to joining GQG Partners LLC, Brian spent six years at Jennison Associates, where he served most recently as an analyst on the Small/Midcap Equity Research team, focusing on a wide array of sectors from real estate equities including building products manufacturers, title insurers, and homebuilders to industrials competing in the aerospace and automotive end markets. Prior to Jennison, Brian began his career at Brown Brothers Harriman in 2008. Brian earned his MBA at Rutgers University and his BA in Economics from the University of Connecticut.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 26.94 7.62 20.01