About GSAYX
Goldman Sachs GQG Partners International Opportunities Fund Institutional Shares is a mutual fund sub-advised by GQG Partners and managed under Goldman Sachs Asset Management. It primarily invests in equity securities of non-U.S. companies across developed and emerging markets outside the United States, targeting those with sustainable long-term growth prospects at reasonable valuations to achieve capital appreciation. The portfolio emphasizes large-cap stocks, with approximately 78% in giant caps and 22% in large caps, heavily allocated to non-U.S. equities at 85%, alongside modest domestic stock (8%) and cash (7%) positions. Top holdings include pharmaceuticals like Novo Nordisk (7.4%) and AstraZeneca (4.9%), technology firms such as Taiwan Semiconductor, and energy companies like Whitehaven Coal, spanning sectors including healthcare, software, oil and gas, and semiconductors across regions like India (16%), the UK (10%), and Europe. With an expense ratio around 0.76%, this institutional share class supports diversified international exposure, though it carries risks from foreign investments, currency fluctuations, and emerging market volatility. The fund's substantial assets under management, exceeding $42 billion, underscore its prominence in the foreign large growth category.
Fund Family Goldman Sachs
Category High Yield Bond
Performance Rating Average
Risk Rating Average
Stock Exchange Nasdaq
Ticker Symbol GSAYX
Share Class Investor Shares
Index ICE BofA US 3-Month T Bill TR IX
GSAYX had a total return of 2.65% in the past year, including dividends. Since the fund's
inception, the average annual return has been 2.78%.
