<p><span style="font-size: 8pt;font-family: Arial;">The Fund aims to provide income with some capital appreciation by investing primarily in investment and sub-investment grade corporate bonds issued by companies based in or earning most of their revenues from emerging markets. </span></p>


Goldman Sachs Asset Management B.V.

Goldman Sachs Asset Management International

Global Emerging Markets Corporate Bond

Morningstar EM Crp 10% CN Cap GR USD

Fixed Income

JPM CEMBI Broad Diversified TR USD

GS EM Corp Bd OC HKD Inc

GS EM Corp Bd Base Acc USD

2024

2023

2022

2021

2020

FixedIncome

United States

Brazil

Mexico

Colombia

Turkey

India

Macao

Nigeria

Peru

South Africa

Chile

Uzbekistan

Guatemala

Israel

United Arab Emirates

United Kingdom

Indonesia

Argentina

Saudi Arabia

Kazakhstan

Morocco

Paraguay

Zambia

Dominican Republic

Philippines

Norway

Netherlands

Ghana

Other countries

Unclassified

Bond - Corporate Bond

Bond - Treasury Future

Bond - Gov't/Treasury

Bond - Gov't Agency Debt

Credit Default Swap

Bond - Supranational

Interest Rate Swap

2 Year Treasury Note Future Sept 25 (2025-09-30 Maturity)

CBOT/CBT 5-YR TNOTE 9/2025 (2025-09-30 Maturity)

Banco de Bogota SA 6.25% (2026-05-12 Maturity)

Aeropuertos Dominicanos Siglo XXI SA 7% (2034-06-30 Maturity)

Seplat Energy PLC 9.125% (2030-03-21 Maturity)

DNO ASA 8.5% (2030-03-27 Maturity)

US Treasury Bond Future Sept 25 (2025-09-19 Maturity)

Transnet SOC Limited 8.25% (2028-02-06 Maturity)

Samarco Mineracao SA 0% (2031-06-30 Maturity)

Ultra US Treasury Bond Future Sept 25 (2025-09-19 Maturity)

Goldman Sachs Asset Management Fund Services Ltd