Goldman Sachs Emerging Markets Equity Fund Class A (GEMAX)
| Fund Assets | 2.89B |
| Expense Ratio | 1.34% |
| Min. Investment | $1,000 |
| Turnover | 43.00% |
| Dividend (ttm) | 0.12 |
| Dividend Yield | 0.34% |
| Dividend Growth | -35.78% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 18, 2025 |
| Previous Close | 33.73 |
| YTD Return | 18.85% |
| 1-Year Return | 54.97% |
| 5-Year Return | 18.00% |
| 52-Week Low | 21.86 |
| 52-Week High | 33.73 |
| Beta (5Y) | n/a |
| Holdings | 125 |
| Inception Date | Dec 15, 1997 |
About GEMAX
The Goldman Sachs Emerging Markets Equity Fund Class A is an open-end equity mutual fund managed by Goldman Sachs Asset Management. Its primary objective is to achieve long-term capital appreciation by investing at least 80% of its net assets in equities of issuers located in emerging market countries. The fund strategically maintains exposure to a minimum of six different emerging markets and invests across various sectors and company sizes, balancing both growth and value opportunities. Notable portfolio holdings often include major firms in technology, consumer, and financial sectors, such as Taiwan Semiconductor Manufacturing Co. and Tencent Holdings. The fund employs a fundamental analysis approach and benchmarks its performance against the MSCI Emerging Markets Index. It may allocate up to 20% of its assets to fixed income securities from emerging and developed markets, offering modest diversification beyond equities. With a robust portfolio of over 120 holdings and a turnover ratio near 36%, this fund plays a significant role in providing investors access to the growth potential of dynamic emerging economies within a globally diversified investment strategy.
Performance
GEMAX had a total return of 54.97% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.87%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
38.81% of assets| Name | Symbol | Weight |
|---|---|---|
| Taiwan Semiconductor Manufacturing Company Limited | 2330 | 12.21% |
| Samsung Electronics Co., Ltd. | 005930 | 6.63% |
| Tencent Holdings Limited | 0700 | 4.56% |
| SK hynix Inc. | 000660 | 3.76% |
| Alibaba Group Holding Limited | 9988 | 3.39% |
| Delta Electronics, Inc. | 2308 | 1.98% |
| Nu Holdings Ltd. | NU | 1.62% |
| ICICI Bank Limited | ICICIBANK | 1.58% |
| Petróleo Brasileiro S.A. - Petrobras | PETR4 | 1.57% |
| KB Financial Group Inc. | 105560 | 1.50% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 18, 2025 | $0.1206 | Dec 19, 2025 |
| Dec 19, 2024 | $0.1878 | Dec 20, 2024 |
| Dec 20, 2023 | $0.211 | Dec 21, 2023 |
| Dec 20, 2021 | $0.1819 | Dec 21, 2021 |
| Dec 18, 2020 | $0.0184 | Dec 21, 2020 |
| Dec 20, 2019 | $0.1874 | Dec 23, 2019 |