Goldman Sachs Emerging Markets Credit Fund (GLIRX)
| Fund Assets | 26.96M |
| Expense Ratio | 0.89% |
| Min. Investment | $0.00 |
| Turnover | 63.00% |
| Dividend (ttm) | 0.27 |
| Dividend Yield | 6.71% |
| Dividend Growth | -81.28% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 4.070 |
| YTD Return | 3.98% |
| 1-Year Return | 4.27% |
| 5-Year Return | 7.12% |
| 52-Week Low | 3.870 |
| 52-Week High | 4.080 |
| Beta (5Y) | n/a |
| Holdings | 150 |
| Inception Date | Jul 30, 2010 |
About GLIRX
Goldman Sachs Emerging Markets Credit Fund Investor Class is an actively managed mutual fund focused on the fixed income segment, specifically targeting credit opportunities within emerging markets. The fund seeks to achieve a high level of total return by investing primarily in a diversified portfolio of sovereign, corporate, and quasi-sovereign debt securities from issuers based in emerging economies. Its investment strategy emphasizes income generation and capital appreciation by allocating at least 80% of assets to bonds and other debt instruments denominated in local or hard currencies from these developing regions. This approach provides exposure to the economic dynamics and credit markets of countries undergoing rapid growth and structural change, which can diversify fixed income portfolios and potentially enhance yield. The fund is managed by Goldman Sachs Asset Management, drawing on extensive global research capabilities and risk management expertise. Its role in the financial market is to offer investors access to the risk and return profiles of emerging markets debt, which can differ from traditional domestic or developed market bonds due to factors such as currency volatility, interest rate movements, and varying credit conditions.
Performance
GLIRX had a total return of 4.27% in the past year, including dividends. Since the fund's inception, the average annual return has been 0.30%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FSEDX | Fidelity | Fidelity Series Em Mk Dbt Lcl Ccy | n/a |
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 | $0.02178 | Aug 29, 2025 |
| Jul 31, 2025 | $0.02184 | Jul 31, 2025 |
| Jun 30, 2025 | $0.02281 | Jun 30, 2025 |
| May 30, 2025 | $0.02281 | May 30, 2025 |
| Apr 30, 2025 | $0.02275 | Apr 30, 2025 |
| Mar 31, 2025 | $0.0234 | Mar 31, 2025 |