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
US38142B3693
Dec 14, 1997
$1,000,000
Large-Cap
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 9.38% year-to-date (YTD) and 11.49% in the last 12 months. Over the past 10 years, Goldman Sachs Emerging Markets Equity Fund had an annualized return of 4.49%, while the S&P 500 had an annualized return of 11.01%, indicating that Goldman Sachs Emerging Markets Equity Fund did not perform as well as the benchmark.
GEMIX
9.38%
-1.39%
1.25%
11.49%
0.97%
4.49%
^GSPC (Benchmark)
23.11%
-0.36%
7.02%
23.15%
12.80%
11.01%
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 | -3.41% | 5.22% | 2.71% | -0.72% | 1.13% | 3.16% | 1.04% | 1.37% | 5.82% | -3.62% | -2.36% | 9.38% | |
| 2023 | 10.46% | -6.93% | 2.01% | -1.73% | -2.24% | 4.43% | 4.06% | -5.61% | -2.90% | -3.28% | 6.78% | 2.90% | 6.63% |
| 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% | 26.06% |
| 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% | -4.25% | 1.26% |
| 2013 | -0.12% | -2.03% | -1.28% | 0.68% | -2.75% | -7.80% | 1.77% | -3.02% | 7.05% | 4.65% | 0.12% | 0.33% | -3.14% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of GEMIX is 36, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.
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 provided a 0.00% dividend yield over the last twelve months, with an annual payout of $0.00 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.00 | $0.29 | $0.05 | $0.28 | $0.09 | $0.25 | $0.15 | $0.21 | $0.17 | $0.02 | $0.05 | $0.12 |
Dividend yield | 0.00% | 1.33% | 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 | $0.00 | $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 | $0.05 | $0.05 |
| 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. Drawdowns are calculated considering price movements and all distributions paid, if any.
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 78.23%, occurring on Mar 2, 2009. Recovery took 2982 trading sessions.
The current Goldman Sachs Emerging Markets Equity Fund drawdown is 30.44%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -78.23% | Nov 1, 2007 | 333 | Mar 2, 2009 | 2982 | Jan 5, 2021 | 3315 |
| -52.62% | Feb 11, 2000 | 401 | Sep 21, 2001 | 794 | Nov 18, 2004 | 1195 |
| -47.24% | Feb 18, 2021 | 425 | Oct 24, 2022 | — | — | — |
| -45.84% | Apr 22, 1998 | 103 | Sep 11, 1998 | 321 | Dec 6, 1999 | 424 |
| -26.2% | May 10, 2006 | 24 | Jun 13, 2006 | 136 | Dec 27, 2006 | 160 |
Volatility
Volatility Chart
The current Goldman Sachs Emerging Markets Equity Fund volatility is 2.79%, 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.