About GAMDX
Goldman Sachs Emerging Markets Credit Fund Class A is a mutual fund specializing in fixed income securities from emerging markets. The fund's principal objective is to seek a high level of total return, which combines current income with capital appreciation. It primarily invests, under normal circumstances, at least 80% of its net assets in sovereign and corporate debt securities issued by entities located in emerging market countries, and these securities are often denominated in the local currencies of those countries. The fund maintains a diversified portfolio, typically holding bonds from governments, quasi-sovereign entities, and corporations across various regions considered emerging markets. With over 150 holdings and a substantial allocation to countries such as Brazil, Peru, Indonesia, Poland, South Africa, and Mexico, the fund provides exposure to a broad range of credit profiles within these economies. The Goldman Sachs Emerging Markets Credit Fund Class A plays a significant role in the financial markets by offering investors access to the potential for higher yields and diversification benefits associated with emerging market fixed income, although this typically comes with increased volatility and currency risk relative to developed market counterparts.
Fund Family Goldman Sachs
Category Emerging Markets Bond
Performance Rating Below Average
Risk Rating Average
Stock Exchange Nasdaq
Ticker Symbol GAMDX
Share Class Class A
Index Index is not available on Lipper Database
GAMDX had a total return of 2.14% in the past year, including dividends. Since the fund's
inception, the average annual return has been 1.15%.
