Goldman Sachs Emerging Markets Equity Fund Institutional Class (GEMIX)
| Fund Assets | 2.71B |
| Expense Ratio | 1.04% |
| Min. Investment | $1,000,000 |
| Turnover | 36.00% |
| Dividend (ttm) | 0.25 |
| Dividend Yield | 0.96% |
| Dividend Growth | -12.07% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 19, 2024 |
| Previous Close | 26.26 |
| YTD Return | 13.27% |
| 1-Year Return | 9.30% |
| 5-Year Return | 14.49% |
| 52-Week Low | 20.95 |
| 52-Week High | 26.51 |
| Beta (5Y) | n/a |
| Holdings | 126 |
| Inception Date | Dec 15, 1997 |
About GEMIX
Goldman Sachs Emerging Markets Equity Fund Institutional Shares is an open-end mutual fund designed to provide long-term capital appreciation by investing primarily in the equities of companies located in emerging markets. Managed by Goldman Sachs Asset Management, the fund allocates at least 80% of its net assets to stocks of issuers from emerging countries, with investments spanning a wide range of sectors and geographic regions. The portfolio includes both growth and value stocks of companies across all market capitalizations, and employs fundamental analysis in its selection process. Notably, the fund maintains exposure to at least six emerging market countries at all times, ensuring broad diversification. While primarily focused on equities, the fund may allocate up to 20% of assets to fixed income securities from both emerging and developed market issuers. The fund benchmarks its performance against the MSCI Emerging Markets Index and reflects a diversified approach with its top ten holdings accounting for roughly one-third of assets. It serves institutional investors seeking to gain broad access to emerging economies, capturing growth potential in regions such as Asia, Latin America, and beyond.
Performance
GEMIX had a total return of 9.30% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.32%.
Top 10 Holdings
32.99% of assets| Name | Symbol | Weight |
|---|---|---|
| TSMC - Taiwan Semiconductor Manufacturing Co Ltd | 2330 | 8.57% |
| Tencent Holdings Ltd | 700 | 7.01% |
| Alibaba Group Holding Ltd | 9988 | 3.74% |
| ICICI Bank Ltd | ICICIBC | 2.91% |
| Samsung Electronics Co Ltd | 005930 | 2.81% |
| Xiaomi Corp | 1810 | 1.68% |
| MediaTek Inc | 2454 | 1.66% |
| Eternal Ltd | ETERNAL | 1.65% |
| China Merchants Bank Co Ltd | 3968 | 1.51% |
| SK Hynix Inc | 000660 | 1.45% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 19, 2024 | $0.2513 | Dec 20, 2024 |
| Dec 20, 2023 | $0.2858 | Dec 21, 2023 |
| Dec 20, 2022 | $0.0449 | Dec 21, 2022 |
| Dec 20, 2021 | $0.2772 | Dec 21, 2021 |
| Dec 18, 2020 | $0.0932 | Dec 21, 2020 |
| Dec 20, 2019 | $0.2518 | Dec 23, 2019 |