<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

Mexico

Brazil

Colombia

Turkey

India

Peru

South Africa

Chile

Macao

Israel

Guatemala

Nigeria

Argentina

Kazakhstan

Morocco

Indonesia

Paraguay

United Kingdom

Uzbekistan

Zambia

Dominican Republic

Other countries

Unclassified

Bond - Corporate Bond

Bond - Treasury Future

Bond - Capital Contingent Debt

Bond - Gov't/Treasury

Bond - Gov't Agency Debt

Bond - Short-term Government Bills

Bond - Undefined

Bond - Supranational

Bond - Gov't Agency Pass-Thru

Credit Default Swap

Bond - Sub-sovereign Government Debt

Interest Rate Swap

Muni Bond - Revenue

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

Us 5yr Note (Cbt) Sep25 Xcbt 20250930 (2025-09-30 Maturity)

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

Us Long Bond(Cbt) Sep25 Xcbt 20250919 (2025-09-19 Maturity)

Us Ultra Bond Cbt Sep25 Xcbt 20250919 (2025-09-19 Maturity)

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

Br233962 Irs Eur R V 06meurib 1 Ccpvanilla (2028-09-17 Maturity)

Seplat Energy Plc Company Guar Regs 03/30 9.125 (2030-03-21 Maturity)

Samarco Mineracao SA 9% (2031-06-30 Maturity)

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

Goldman Sachs Asset Management Fund Services Ltd