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Trending ETFs

Name

As of 03/26/2024

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

$9.49

$22.9 M

1.51%

$0.14

2.79%

Vitals

YTD Return

4.6%

1 yr return

6.2%

3 Yr Avg Return

-9.7%

5 Yr Avg Return

2.1%

Net Assets

$22.9 M

Holdings in Top 10

42.0%

52 WEEK LOW AND HIGH

$9.5
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 2.79%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 116.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$0

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 03/26/2024

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

$9.49

$22.9 M

1.51%

$0.14

2.79%

GEBNX - Profile

Distributions

  • YTD Total Return 4.6%
  • 3 Yr Annualized Total Return -9.7%
  • 5 Yr Annualized Total Return 2.1%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.08%
DIVIDENDS
  • Dividend Yield 1.5%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    Goldman Sachs ESG Emerging Markets Equity Fund
  • Fund Family Name
    Goldman Sachs Fund Complex
  • Inception Date
    May 31, 2018
  • Shares Outstanding
    N/A
  • Share Class
    Investor
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Basak 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 diversified portfolio of equity investments in emerging country issuers that the Investment Adviser believes adhere to the Fund’s environmental, social and governance (“ESG”) criteria. 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.The Fund’s ESG criteria are generally designed to exclude companies that are directly engaged in, and/or derive significant revenue from, certain industries or product lines, including, but not limited to:alcohol;tobacco;gambling;adult entertainment;for-profit prisons;weapons;oil and gas exploration and production;thermal coal mining; andthermal coal power generation.In determining whether a company is directly engaged in, and/or derives significant revenue from, the industries or product lines listed above, the Fund will use revenue thresholds for certain industries or product lines (e.g., companies that derive more than 5% of revenue from tobacco) and categorical exclusions for other industries or product lines (e.g., companies that derive any revenue from controversial weapons) and apply such thresholds and exclusions to data provided by one or more third-party vendor(s). Generally, the highest revenue threshold used will be 5%. The Investment Adviser, in its sole discretion, retains the right not to use data provided by third-party vendors where it deems the data to be not representative of a company’s current business operations. In such cases, or where data on specific companies may not be available from third-party vendors, the Investment Adviser may make reasonable estimates or otherwise exercise its discretion. The Fund’s ESG criteria may be updated periodically to, among other things, add or remove certain industries or product lines from the screening process, revise the revenue thresholds and categorical exclusions applicable to such activities, or change particular industries or product lines from a categorical exclusion to a revenue threshold, or vice versa.Once the Investment Adviser determines that an issuer meets the Fund’s ESG criteria, the Investment Adviser conducts a supplemental analysis of individual companies’ corporate governance factors and a range of environmental and social factors that may vary by sector. This supplemental analysis will be conducted alongside traditional fundamental, bottom-up financial analysis of individual companies, using traditional fundamental metrics. The Investment Adviser may engage in active dialogues with company management teams to further inform investment decision-making and to foster best corporate governance practices using its fundamental and ESG analysis. The Fund may invest in a company prior to completion of the supplemental analysis or without engaging with company management. Instances in which the supplemental analysis may not be completed prior to investment include but are not limited to initial public offerings (“IPOs”), in-kind transfers, corporate actions, and/or certain short-term holdings.The Investment Adviser may sell holdings for several reasons, including, among others, changes in a company’s fundamentals or earnings, a company no longer meeting the Fund’s ESG criteria, or a company otherwise failing to conform to the Investment Adviser’s investment philosophy.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; (ii) equity and fixed income securities, such as government, corporate and bank debt obligations, of developed country issuers; and (iii) equity and fixed income securities of issuers that may not adhere to the Fund’s ESG criteria.The Fund’s performance benchmark index is the MSCI Emerging Markets Index (Net, USD, Unhedged).THE FUND IS “NON-DIVERSIFIED” UNDER THE INVESTMENT COMPANY ACT OF 1940, AS AMENDED, AND MAY INVEST A GREATER PORTION OF ITS ASSETS IN ONE OR MORE ISSUERS OR IN FEWER ISSUERS THAN “DIVERSIFIED” MUTUAL FUNDS.
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GEBNX - Performance

Return Ranking - Trailing

Period GEBNX Return Category Return Low Category Return High Rank in Category (%)
YTD 4.6% -6.1% 14.4% 25.34%
1 Yr 6.2% -6.1% 41.9% 82.48%
3 Yr -9.7%* -22.7% 9.1% 88.67%
5 Yr 2.1%* -7.2% 11.5% 64.24%
10 Yr N/A* -2.3% 6.8% N/A

* Annualized

Return Ranking - Calendar

Period GEBNX Return Category Return Low Category Return High Rank in Category (%)
2023 3.1% -6.5% 35.5% 94.74%
2022 -30.2% -50.1% -2.4% 84.70%
2021 -10.0% -33.1% 22.5% 72.25%
2020 31.9% -22.1% 80.1% 13.82%
2019 26.0% -0.7% 42.0% 11.80%

Total Return Ranking - Trailing

Period GEBNX Return Category Return Low Category Return High Rank in Category (%)
YTD 4.6% -6.1% 14.4% 25.34%
1 Yr 6.2% -6.1% 41.9% 82.48%
3 Yr -9.7%* -22.7% 9.1% 88.67%
5 Yr 2.1%* -7.2% 11.5% 64.24%
10 Yr N/A* -2.3% 6.8% N/A

* Annualized

Total Return Ranking - Calendar

Period GEBNX Return Category Return Low Category Return High Rank in Category (%)
2023 4.7% -2.7% 42.0% 94.33%
2022 -30.0% -42.2% 1.9% 89.43%
2021 -3.0% -32.5% 33.1% 62.11%
2020 32.2% -20.0% 81.6% 15.98%
2019 26.9% 2.3% 42.0% 17.38%

NAV & Total Return History


GEBNX - Holdings

Concentration Analysis

GEBNX Category Low Category High GEBNX % Rank
Net Assets 22.9 M 653 K 96.1 B 88.40%
Number of Holdings 85 10 6829 59.87%
Net Assets in Top 10 9.33 M 299 K 17.9 B 87.47%
Weighting of Top 10 42.01% 2.9% 122.2% 25.10%

Top 10 Holdings

  1. Taiwan Semiconductor Manufacturing Co Ltd 10.37%
  2. Samsung Electronics Co Ltd 6.52%
  3. Tencent Holdings Ltd 5.77%
  4. Tata Consumer Products Ltd 3.29%
  5. Alibaba Group Holding Ltd 3.17%
  6. ICICI Bank Ltd 3.13%
  7. Bank Central Asia Tbk PT 2.69%
  8. Zomato Ltd 2.63%
  9. MediaTek Inc 2.22%
  10. MercadoLibre Inc 2.21%

Asset Allocation

Weighting Return Low Return High GEBNX % Rank
Stocks
98.01% 0.00% 103.65% 38.67%
Preferred Stocks
1.00% 0.00% 10.17% 45.47%
Cash
0.98% -2.03% 20.51% 56.80%
Other
0.00% -1.64% 50.31% 60.80%
Convertible Bonds
0.00% 0.00% 7.40% 52.89%
Bonds
0.00% 0.00% 94.30% 58.40%

Stock Sector Breakdown

Weighting Return Low Return High GEBNX % Rank
Financial Services
27.13% 0.00% 48.86% 9.45%
Technology
25.72% 0.00% 47.50% 30.63%
Consumer Cyclical
11.32% 0.00% 48.94% 58.97%
Communication Services
11.21% 0.00% 39.29% 21.19%
Consumer Defense
10.02% 0.00% 25.90% 13.36%
Industrials
4.98% 0.00% 43.53% 67.07%
Healthcare
4.93% 0.00% 16.53% 33.60%
Basic Materials
2.14% 0.00% 30.03% 90.82%
Utilities
2.11% 0.00% 39.12% 35.76%
Real Estate
0.44% 0.00% 17.15% 74.63%
Energy
0.00% 0.00% 24.80% 93.12%

Stock Geographic Breakdown

Weighting Return Low Return High GEBNX % Rank
Non US
91.81% 0.00% 100.18% 15.87%
US
6.21% 0.00% 101.58% 77.07%

GEBNX - Expenses

Operational Fees

GEBNX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 2.79% 0.03% 24.48% 8.57%
Management Fee 0.98% 0.00% 2.00% 69.29%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.85% N/A

Sales Fees

GEBNX 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

GEBNX 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.

GEBNX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 116.00% 0.00% 189.00% 91.50%

GEBNX - Distributions

Dividend Yield Analysis

GEBNX Category Low Category High GEBNX % Rank
Dividend Yield 1.51% 0.00% 9.88% 59.60%

Dividend Distribution Analysis

GEBNX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annual Annual Annual

Net Income Ratio Analysis

GEBNX Category Low Category High GEBNX % Rank
Net Income Ratio 0.08% -1.98% 17.62% 74.69%

Capital Gain Distribution Analysis

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

Distributions History

View More +

GEBNX - Fund Manager Analysis

Managers

Basak Yavuz


Start Date

Tenure

Tenure Rank

May 30, 2018

4.01

4.0%

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 30, 2018

4.01

4.0%

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 6.53 13.42