Goldman Sachs Emerging Markets Equity Fund (GEMIX)
The fund invests at least 80% of its net assets plus any borrowings for investment purposes (measured at the time of purchase) ("Net Assets") in a portfolio of equity investments in emerging country issuers. It maintains investments in at least six emerging countries. The fund may invest in the aggregate up to 20% of its net assets in: (i) fixed income securities of private and government emerging country issuers; and (ii) equity and fixed income securities, such as government, corporate and bank debt obligations, of developed country issuers.
Fund Info
| ISIN | US38142B3693 |
|---|---|
| Issuer | Goldman Sachs |
| Inception Date | Dec 14, 1997 |
| Category | Emerging Markets Diversified |
| Min. Investment | $1,000,000 |
| Asset Class | Multi-Asset |
Asset Class Size | Large-Cap |
Asset Class Style | Blend |
Expense Ratio
GEMIX has a high expense ratio of 1.00%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Goldman Sachs Emerging Markets Equity Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Goldman Sachs Emerging Markets Equity Fund had a return of 10.38% year-to-date (YTD) and 14.67% in the last 12 months. Over the past 10 years, Goldman Sachs Emerging Markets Equity Fund had an annualized return of 4.20%, while the S&P 500 had an annualized return of 10.99%, indicating that Goldman Sachs Emerging Markets Equity Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 10.38% | 11.18% |
| 1 month | 9.36% | 5.60% |
| 6 months | 13.26% | 17.48% |
| 1 year | 14.67% | 26.33% |
| 5 years (annualized) | 4.26% | 13.16% |
| 10 years (annualized) | 4.20% | 10.99% |
Monthly Returns
The table below presents the monthly returns of GEMIX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -3.18% | 5.22% | 2.48% | -0.49% | 10.38% | ||||||||
| 2023 | 10.46% | -6.93% | 2.01% | -1.73% | -2.24% | 4.43% | 4.06% | -5.61% | -2.90% | -3.28% | 6.78% | 2.66% | 6.39% |
| 2022 | -3.77% | -6.23% | -4.52% | -7.64% | 0.47% | -6.69% | 0.18% | -1.79% | -11.30% | -4.84% | 15.72% | -2.37% | -30.01% |
| 2021 | 3.91% | 1.18% | -3.24% | 1.66% | 2.27% | 2.69% | -5.61% | 2.68% | -4.53% | 1.09% | -4.60% | 0.62% | -2.48% |
| 2020 | -2.72% | -3.24% | -17.00% | 8.69% | 4.07% | 9.15% | 8.92% | 2.92% | 0.12% | 2.00% | 9.20% | 8.62% | 30.98% |
| 2019 | 9.16% | 2.32% | 1.45% | 2.00% | -6.30% | 6.52% | -1.40% | -2.75% | 2.14% | 4.25% | 0.18% | 6.82% | 26.05% |
| 2018 | 6.62% | -5.02% | -0.67% | -3.42% | -2.40% | -4.84% | 1.27% | -3.58% | -2.46% | -8.94% | 5.43% | -3.77% | -20.60% |
| 2017 | 5.93% | 2.18% | 4.90% | 3.13% | 3.62% | 1.08% | 6.26% | 2.73% | 1.26% | 3.13% | 2.23% | 3.76% | 48.32% |
| 2016 | -5.79% | -1.10% | 10.61% | -0.38% | -0.70% | 1.98% | 4.38% | 2.34% | 2.93% | -1.14% | -5.01% | -1.90% | 5.30% |
| 2015 | 2.15% | 3.18% | -0.81% | 6.51% | -1.27% | -1.84% | -5.00% | -8.73% | -2.62% | 5.99% | -0.76% | -1.50% | -5.61% |
| 2014 | -6.87% | 4.19% | 3.25% | -0.19% | 5.76% | 2.75% | -0.40% | 2.92% | -5.61% | 0.53% | 0.06% | -4.26% | 1.25% |
| 2013 | -0.12% | -2.02% | -1.28% | 0.68% | -2.75% | -7.80% | 1.77% | -3.02% | 7.05% | 4.65% | 0.12% | 0.32% | -3.14% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of GEMIX is 25, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
GEMIX (Goldman Sachs Emerging Markets Equity Fund)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Goldman Sachs Emerging Markets Equity Fund (GEMIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Goldman Sachs Emerging Markets Equity Fund granted a 1.21% dividend yield in the last twelve months. The annual payout for that period amounted to $0.29 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.29 | $0.29 | $0.04 | $0.28 | $0.09 | $0.25 | $0.15 | $0.21 | $0.17 | $0.02 | $0.05 | $0.12 |
Dividend yield | 1.21% | 1.34% | 0.22% | 0.95% | 0.31% | 1.09% | 0.79% | 0.88% | 1.09% | 0.10% | 0.33% | 0.75% |
Monthly Dividends
The table displays the monthly dividend distributions for Goldman Sachs Emerging Markets Equity Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||||||
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.29 | $0.29 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.04 | $0.04 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.28 | $0.28 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.09 | $0.09 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.25 | $0.25 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.15 | $0.15 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.21 | $0.21 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.17 | $0.17 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.02 | $0.02 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.05 | $0.05 |
| 2013 | $0.12 | $0.12 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the Goldman Sachs Emerging Markets Equity Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Goldman Sachs Emerging Markets Equity Fund was 68.47%, occurring on Nov 20, 2008. Recovery took 2174 trading sessions.
The current Goldman Sachs Emerging Markets Equity Fund drawdown is 29.96%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -68.47% | Nov 1, 2007 | 266 | Nov 20, 2008 | 2174 | Jul 14, 2017 | 2440 |
| -50.63% | Feb 11, 2000 | 401 | Sep 21, 2001 | 634 | Apr 1, 2004 | 1035 |
| -47.24% | Feb 18, 2021 | 425 | Oct 24, 2022 | — | — | — |
| -45.84% | Apr 22, 1998 | 103 | Sep 11, 1998 | 321 | Dec 6, 1999 | 424 |
| -34.16% | Jan 29, 2018 | 541 | Mar 23, 2020 | 94 | Aug 5, 2020 | 635 |
Volatility
Volatility Chart
The current Goldman Sachs Emerging Markets Equity Fund volatility is 3.56%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.