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Trending ETFs

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$4.55

$42.6 M

5.24%

$0.24

0.91%

Vitals

YTD Return

-15.0%

1 yr return

-13.4%

3 Yr Avg Return

-1.8%

5 Yr Avg Return

-1.4%

Net Assets

$42.6 M

Holdings in Top 10

43.2%

52 WEEK LOW AND HIGH

$4.6
$4.55
$5.68

Expenses

OPERATING FEES

Expense Ratio 0.91%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 123.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$1,000,000

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund

Investment Style

Emerging-Markets Local-Currency Bond


Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$4.55

$42.6 M

5.24%

$0.24

0.91%

GIMDX - Profile

Distributions

  • YTD Total Return -15.0%
  • 3 Yr Annualized Total Return -1.8%
  • 5 Yr Annualized Total Return -1.4%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 3.72%
DIVIDENDS
  • Dividend Yield 5.2%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Goldman Sachs Local Emerging Markets Debt Fund
  • Fund Family Name
    Goldman Sachs
  • Inception Date
    Feb 15, 2008
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Ricardo Penfold

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 sovereign and corporate debt securities of issuers in emerging market countries, denominated in the local currency of such emerging market countries, and other instruments, including credit linked notes and other investments, with similar economic exposures. It is non-diversified.


GIMDX - Performance

Return Ranking - Trailing

Period GIMDX Return Category Return Low Category Return High Rank in Category (%)
YTD -15.0% -35.7% 2.1% 25.07%
1 Yr -13.4% -29.6% -0.9% 33.51%
3 Yr -1.8%* -14.0% 5.1% 54.55%
5 Yr -1.4%* -7.6% 4.3% 77.08%
10 Yr -0.9%* -3.0% 4.7% 90.20%

* Annualized

Return Ranking - Calendar

Period GIMDX Return Category Return Low Category Return High Rank in Category (%)
2021 -11.7% -58.7% 15.1% 80.86%
2020 0.0% -19.3% 99.4% 66.47%
2019 8.0% -12.0% 13.5% 56.12%
2018 -14.9% -31.2% 73.9% 95.22%
2017 10.0% -9.1% 14.2% 4.75%

Total Return Ranking - Trailing

Period GIMDX Return Category Return Low Category Return High Rank in Category (%)
YTD -15.0% -35.7% 0.0% 19.72%
1 Yr -13.4% -30.6% -0.9% 29.46%
3 Yr -1.8%* -14.0% 5.1% 50.28%
5 Yr -1.4%* -7.6% 4.3% 72.02%
10 Yr -0.9%* -3.0% 4.5% 89.22%

* Annualized

Total Return Ranking - Calendar

Period GIMDX Return Category Return Low Category Return High Rank in Category (%)
2021 -11.7% -58.7% 15.1% 81.14%
2020 0.0% -19.3% 99.4% 66.47%
2019 8.0% -9.9% 13.6% 57.01%
2018 -14.9% -31.2% 73.9% 96.18%
2017 10.0% 1.2% 17.0% 25.42%

NAV & Total Return History


GIMDX - Holdings

Concentration Analysis

GIMDX Category Low Category High GIMDX % Rank
Net Assets 42.6 M 49.1 K 15.5 B 73.14%
Number of Holdings 525 4 2121 14.71%
Net Assets in Top 10 21.8 M -134 M 1.25 B 56.13%
Weighting of Top 10 43.21% 2.2% 95.0% 12.43%

Top 10 Holdings

  1. Goldman Sachs FS Government Instl 14.99%
  2. Secretaria Tesouro Nacional 0% 5.31%
  3. China Development Bank 3.09% 3.93%
  4. China Development Bank 3.09% 3.93%
  5. China Development Bank 3.09% 3.93%
  6. China Development Bank 3.09% 3.93%
  7. China Development Bank 3.09% 3.93%
  8. China Development Bank 3.09% 3.93%
  9. China Development Bank 3.09% 3.93%
  10. China Development Bank 3.09% 3.93%

Asset Allocation

Weighting Return Low Return High GIMDX % Rank
Bonds
83.78% -0.02% 116.66% 81.20%
Cash
16.24% -16.66% 101.67% 15.53%
Convertible Bonds
0.02% 0.00% 26.58% 56.68%
Stocks
0.00% -0.47% 2.07% 40.87%
Preferred Stocks
0.00% 0.00% 0.00% 23.16%
Other
-0.03% -3.28% 3.53% 92.92%

Bond Sector Breakdown

Weighting Return Low Return High GIMDX % Rank
Government
72.14% 0.00% 99.85% 35.97%
Cash & Equivalents
16.90% 0.00% 99.89% 13.90%
Corporate
8.97% 0.00% 93.26% 72.21%
Derivative
1.98% 0.00% 64.87% 29.16%
Securitized
0.00% 0.00% 1.31% 31.88%
Municipal
0.00% 0.00% 0.00% 23.16%

Bond Geographic Breakdown

Weighting Return Low Return High GIMDX % Rank
Non US
79.41% 0.00% 159.42% 89.92%
US
4.37% -74.21% 36.99% 6.27%

GIMDX - Expenses

Operational Fees

GIMDX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.91% 0.01% 2.87% 51.08%
Management Fee 0.80% 0.00% 1.10% 77.98%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.02% 0.65% N/A

Sales Fees

GIMDX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.75% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

GIMDX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.75% 2.00% 23.81%

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.

GIMDX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 123.00% 0.00% 302.00% 88.44%

GIMDX - Distributions

Dividend Yield Analysis

GIMDX Category Low Category High GIMDX % Rank
Dividend Yield 5.24% 0.00% 10.09% 49.34%

Dividend Distribution Analysis

GIMDX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annually Monthly Monthly

Net Income Ratio Analysis

GIMDX Category Low Category High GIMDX % Rank
Net Income Ratio 3.72% -2.28% 9.04% 70.08%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

GIMDX - Fund Manager Analysis

Managers

Ricardo Penfold


Start Date

Tenure

Tenure Rank

Feb 15, 2008

14.3

14.3%

Penfold is vice president at GSAM,and he joined GSAM in 2000.Prior to that he was head of Research and Economics in Venezuela for Santander Investments and Banco Santander Central Hispano for four years.

Samuel Finkelstein


Start Date

Tenure

Tenure Rank

Feb 15, 2008

14.3

14.3%

Samuel Finkelstein is head of Currency, Commodities and Emerging Market Debt strategy teams within the Global Fixed Income team in GSAM. He is also a member of the Fixed Income Strategy Group. Mr. Finkelstein joined Goldman Sachs in 1997 as an analyst in Fixed Income Asset Management. He worked on the Fixed Income portfolio risk and strategy team for two years and then became an emerging market portfolio manager. Mr. Finkelstein was named managing director in 2005 and partner in 2010. Prior to joining the firm, he worked as a foreign exchange trader at Union Bank of Switzerland. Mr. Finkelstein earned an MBA from the Stern School of Business at New York University and a BA in Economics and Mathematics from Yale University in 1996.

Kay Haigh


Start Date

Tenure

Tenure Rank

Jul 29, 2020

1.84

1.8%

Mr. Haigh is the Global Co-Head of Emerging Markets. Prior to joining the Goldman Sachs Asset Management, he was an emerging markets portfolio manager at Stone Milliner Asset Management, and he was global head of emerging markets at Morgan Stanley Investment Management.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.07 23.87 6.18 6.11