Goldman Sachs Dynamic Bond Fund Class A (GSZAX)

Fund Assets	623.52M
Expense Ratio	1.04%
Min. Investment	$1,000
Turnover	n/a
Dividend (ttm)	0.66
Dividend Yield	6.79%
Dividend Growth	70.98%
Payout Frequency	Monthly
Ex-Dividend Date	May 29, 2025

Previous Close	9.72
YTD Return	n/a
1-Year Return	4.15%
5-Year Return	17.72%
52-Week Low	9.21
52-Week High	9.53
Beta (5Y)	n/a
Holdings	1480
Inception Date	Jun 30, 2010

About GSZAX

The Fund's investment strategy focuses on Alt Credit Focus with 1.01% total expense ratio. The minimum amount to invest in Goldman Sachs Trust: Goldman Sachs Strategic Income Fund; Class A Shares is $1,000 on a standard taxable account. Goldman Sachs Trust: Goldman Sachs Strategic Income Fund; Class A Shares seeks total return comprised of income and capital appreciation. GSZAX invests in a broadly diversified portfolio of U.S. and foreign investment grade and non-investment grade fixed income investments including, but not limited to: U.S. Government securities, agency securities, corporate debt.

• Category: Nontraditional Bond
• Performance Rating: Average
• Risk Rating: Average
• Stock Exchange: NASDAQ
• Ticker Symbol: GSZAX
• Share Class: Class A Shares
• Index: ICE BofA US 3-Month T Bill TR IX

Performance

GSZAX had a total return of 4.15% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.53%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
GSOPX	Class P Shares	0.70%
GSZUX	Class R6 Shares	0.70%
GSZIX	Institutional Shares	0.71%
GZIRX	Investor Shares	0.79%

Top 10 Holdings

68.30% of assets

Name	Symbol	Weight
UMBS, TBA - Uniform Mortgage-Backed Security, TBA	FNCL.5.5 4.11	16.99%
UMBS, TBA - Uniform Mortgage-Backed Security, TBA	n/a	10.68%
Goldman Sachs Financial Square Government Fund	FGTXX	7.12%
United States Treasury - U.S. Treasury Notes	T.4.125 03.31.32	6.34%
United States Treasury - U.S. Treasury Notes	T.4 03.31.30	6.26%
Government National Mortgage Association - Ginnie Mae	n/a	5.34%
Government National Mortgage Association - Ginnie Mae	n/a	5.27%
Government National Mortgage Association - Ginnie Mae	G2SF.5 4.11	3.96%
UMBS, TBA - Uniform Mortgage-Backed Security, TBA	FNCL.3.5 4.11	3.23%
Government National Mortgage Association - Ginnie Mae	G2SF.4.5 4.11	3.11%

Dividend History

Ex-Dividend	Amount	Pay Date
May 29, 2025	$0.0384	May 30, 2025
Apr 29, 2025	$0.1093	Apr 30, 2025
Mar 28, 2025	$0.0339	Mar 31, 2025
Feb 27, 2025	$0.038	Feb 28, 2025
Jan 30, 2025	$0.0369	Jan 31, 2025
Dec 30, 2024	$0.0457	Dec 31, 2024