Goldman Sachs Emerging Markets Crdt Inst (GIMDX)
| Fund Assets | 26.96M |
| Expense Ratio | 0.84% |
| Min. Investment | $1,000,000 |
| Turnover | 63.00% |
| Dividend (ttm) | 0.28 |
| Dividend Yield | 6.76% |
| Dividend Growth | -81.19% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 4.060 |
| YTD Return | 3.99% |
| 1-Year Return | 4.04% |
| 5-Year Return | 7.02% |
| 52-Week Low | 3.870 |
| 52-Week High | 4.070 |
| Beta (5Y) | n/a |
| Holdings | 150 |
| Inception Date | Feb 15, 2008 |
About GIMDX
Goldman Sachs Emerging Markets Credit Fund Institutional Class is an institutional mutual fund that primarily targets fixed income opportunities in emerging market economies worldwide. The fund’s core objective is to generate a high level of total return by blending income and capital appreciation through investments in both sovereign and corporate debt securities issued in local currencies by emerging market countries. This approach exposes investors to a diverse set of credit markets in regions such as Latin America, Eastern Europe, Africa, Asia, and the Middle East, reflecting the increasing relevance of emerging market debt in global portfolios. The fund leverages a blend of top-down macroeconomic analysis and bottom-up security selection, considering factors such as country-specific financial policies, political developments, and macroeconomic conditions. By allocating at least 80% of its assets to these debt instruments, the fund aims to capture both the income and potential price appreciation opportunities that arise from developing markets. Frequent turnover and an extensive number of holdings emphasize active management, positioning the fund as a tool for institutional investors seeking exposure to the growth and diversification potential unique to the emerging markets fixed income space.
Performance
GIMDX had a total return of 4.04% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.72%.
Top 10 Holdings
13.12% of assets| Name | Symbol | Weight |
|---|---|---|
| NBK Tier 1 Financing 2 Ltd | NTBKKK.V4.5 PERP REGS | 1.53% |
| Banca Transilvania SA | TVLRO.V8.875 04.27.27 EMTN | 1.51% |
| Access Bank PLC | ACCESS.6.125 09.21.26 REGS | 1.39% |
| Grupo Nutresa SA | NUTRES.8 05.12.30 144A | 1.33% |
| AES PANAMA GENERATION HL - AES Panama Generation Holdings SRL | AES.4.375 05.31.30 REGS | 1.32% |
| MEXICO CITY ARPT TRUST - Mexico City Airport Trust | MEXCAT.4.25 10.31.26 REGS | 1.26% |
| SEPLAT Energy PLC | SEPLLN.9.125 03.21.30 144A | 1.26% |
| Yapi ve Kredi Bankasi AS | YKBNK.7.25 03.03.30 144A | 1.19% |
| BANCO MERCANTIL DE NORTE - Banco Mercantil del Norte SA/Grand Cayman | BANORT.V8.75 PERP 144A | 1.17% |
| Rede D'or Finance Sarl | RDEDOR.4.5 01.22.30 REGS | 1.17% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 29, 2025 | $0.02192 | Aug 29, 2025 |
| Jul 31, 2025 | $0.02198 | Jul 31, 2025 |
| Jun 30, 2025 | $0.02294 | Jun 30, 2025 |
| May 30, 2025 | $0.02294 | May 30, 2025 |
| Apr 30, 2025 | $0.02288 | Apr 30, 2025 |
| Mar 31, 2025 | $0.02353 | Mar 31, 2025 |