About GAIPX
Goldman Sachs Emerging Markets Debt Fund is an open-end mutual fund specializing in debt instruments from emerging market countries. Its primary objective is to achieve a high level of total return by combining current income with capital appreciation. The fund typically invests at least 80% of its net assets in sovereign and corporate bonds and other debt securities issued by governments and companies based in rapidly developing economies. To shape portfolio exposure and manage risk, the fund may also utilize structured securities and derivatives such as credit linked notes, financial futures, forward contracts, and swaps.
A hallmark of this fund is its active management approach, which relies on the expertise of Goldman Sachs’ global fixed income teams to blend fundamental and top-down analysis in selecting investments across a broad spectrum of countries and sectors. The benchmark for the fund is the J.P. Morgan Emerging Markets Bond Index Global Diversified, and the fund aims for a duration that closely tracks this index. The fund offers global diversification for investors seeking access to the emerging market debt asset class, balancing the higher income potential against risks like market volatility, credit quality, and geopolitical factors inherent to emerging economies.
Fund Family Goldman Sachs
Category Emerging Markets Bond
Performance Rating Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol GAIPX
Share Class Class P Shares
Index JP Morgan EMBI Global Diversified TR
GAIPX had a total return of 8.95% in the past year, including dividends. Since the fund's
inception, the average annual return has been 3.36%.
