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.
Fund Family Goldman Sachs
Category Emerging Markets Bond
Performance Rating Below Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol GIMDX
Share Class Institutional
Index Index is not available on Lipper Database
GIMDX had a total return of 5.26% in the past year, including dividends. Since the fund's
inception, the average annual return has been 3.02%.
