Goldman Sachs Emerging Markets Eq Instl (GEMIX)
| Fund Assets | 2.86B |
| Expense Ratio | 1.04% |
| Min. Investment | $1,000,000 |
| Turnover | 36.00% |
| Dividend (ttm) | 0.25 |
| Dividend Yield | 0.88% |
| Dividend Growth | -12.07% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 19, 2024 |
| Previous Close | 27.70 |
| YTD Return | 19.76% |
| 1-Year Return | 21.42% |
| 5-Year Return | 18.31% |
| 52-Week Low | 20.95 |
| 52-Week High | 28.70 |
| Beta (5Y) | n/a |
| Holdings | 127 |
| 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 21.42% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.50%.
Top 10 Holdings
34.08% of assets| Name | Symbol | Weight |
|---|---|---|
| Taiwan Semiconductor Manufacturing Company Limited | 2330 | 10.06% |
| Tencent Holdings Limited | 0700 | 6.63% |
| Alibaba Group Holding Limited | 9988 | 3.18% |
| Samsung Electronics Co., Ltd. | 005930 | 2.86% |
| ICICI Bank Limited | ICICIBANK | 2.45% |
| SK hynix Inc. | 000660 | 2.25% |
| Xiaomi Corporation | 1810 | 2.03% |
| China Merchants Bank Co., Ltd. | CIHHF | 1.74% |
| Eternal Limited | ETERNAL | 1.52% |
| NetEase, Inc. | 9999 | 1.35% |
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 |