Goldman Sachs Local Emerging Markets Debt Fund (GIMDX)
The fund invests, under normal circumstances, at least 80% of its net assets plus any borrowings for investment purposes (measured at the time of purchase) ("Net Assets") in sovereign and corporate debt securities of issuers in emerging market countries, denominated in the local currency of such emerging market countries, and other instruments, including credit linked notes and other investments, with similar economic exposures. It is non-diversified.
Fund Info
US38145N3035
Feb 14, 2008
$1,000,000
Expense Ratio
GIMDX has an expense ratio of 0.92%, placing it in the medium range.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
Performance Chart
Loading data...
Returns By Period
Goldman Sachs Local Emerging Markets Debt Fund (GIMDX) returned 2.39% year-to-date (YTD) and 7.44% over the past 12 months. Over the past 10 years, GIMDX returned 1.50% annually, underperforming the S&P 500 benchmark at 10.84%.
GIMDX
2.39%
0.84%
2.55%
7.44%
5.70%
2.32%
1.50%
^GSPC (Benchmark)
0.52%
6.32%
-1.44%
12.25%
12.45%
14.20%
10.84%
Monthly Returns
The table below presents the monthly returns of GIMDX, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 1.11% | 1.59% | -0.15% | -0.68% | 0.51% | 2.39% | |||||||
| 2024 | 0.79% | 0.79% | 0.83% | -0.45% | 1.07% | 0.56% | 1.60% | 1.58% | 1.31% | -0.91% | 0.58% | -0.67% | 7.27% |
| 2023 | 4.05% | -3.71% | 3.95% | 0.48% | -1.47% | 4.64% | 2.46% | -2.82% | -3.63% | -0.80% | 3.09% | 3.48% | 9.55% |
| 2022 | 0.32% | -5.85% | -0.34% | -4.80% | 1.69% | -4.59% | 0.84% | -0.68% | -5.09% | 0.26% | 7.00% | 0.65% | -10.76% |
| 2021 | -1.61% | -2.86% | -3.14% | 1.89% | 2.61% | -1.06% | -0.91% | 1.04% | -3.00% | -0.90% | -2.00% | 1.88% | -7.99% |
| 2020 | -1.47% | -2.88% | -13.57% | 4.13% | 6.25% | 0.05% | 3.43% | 0.16% | -2.14% | 0.71% | 6.72% | 4.13% | 3.90% |
| 2019 | 6.51% | -1.30% | -1.45% | -0.12% | 0.40% | 5.99% | 0.73% | -4.26% | 1.37% | 2.90% | -2.19% | 4.27% | 12.99% |
| 2018 | 5.45% | -1.22% | 1.39% | -3.71% | -6.85% | -4.42% | 3.12% | -8.27% | 2.97% | -2.17% | 3.15% | 0.97% | -10.15% |
| 2017 | 2.09% | 2.43% | 3.11% | 0.83% | 1.92% | 0.67% | 2.70% | 1.41% | -0.23% | -2.95% | 1.59% | 2.16% | 16.74% |
| 2016 | -0.54% | 1.16% | 9.58% | 3.20% | -5.29% | 6.07% | 0.19% | -0.24% | 2.03% | -0.36% | -8.49% | 2.23% | 8.63% |
| 2015 | -0.71% | -0.65% | -3.19% | 2.93% | -2.31% | -1.73% | -2.93% | -4.57% | -3.75% | 4.41% | -1.94% | -2.82% | -16.28% |
| 2014 | -5.76% | 3.69% | 3.28% | 0.74% | 2.28% | 0.97% | -0.80% | 0.36% | -5.21% | 0.69% | -1.53% | -5.87% | -7.51% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 81, GIMDX is among the top 19% of mutual funds on our website when it comes to balancing risk and reward. Below is 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 Local Emerging Markets Debt Fund (GIMDX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Loading data...
Dividends
Dividend History
Goldman Sachs Local Emerging Markets Debt Fund provided a 6.97% dividend yield over the last twelve months, with an annual payout of $0.28 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.28 | $0.27 | $0.88 | $0.35 | $0.23 | $0.21 | $0.26 | $0.33 | $0.38 | $0.37 | $0.38 | $0.47 |
Dividend yield | 6.97% | 6.79% | 22.15% | 7.99% | 4.30% | 3.51% | 4.34% | 5.83% | 5.80% | 6.13% | 6.44% | 6.34% |
Monthly Dividends
The table displays the monthly dividend distributions for Goldman Sachs Local Emerging Markets Debt 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.02 | $0.02 | $0.02 | $0.02 | $0.00 | $0.09 | |||||||
| 2024 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.27 |
| 2023 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.02 | $0.03 | $0.02 | $0.03 | $0.02 | $0.62 | $0.88 |
| 2022 | $0.02 | $0.02 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.15 | $0.35 |
| 2021 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.23 |
| 2020 | $0.02 | $0.02 | $0.02 | $0.02 | $0.01 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.21 |
| 2019 | $0.03 | $0.02 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.26 |
| 2018 | $0.03 | $0.03 | $0.03 | $0.04 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.33 |
| 2017 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.38 |
| 2016 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.03 | $0.02 | $0.37 |
| 2015 | $0.04 | $0.03 | $0.03 | $0.03 | $0.04 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.38 |
| 2014 | $0.04 | $0.03 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.47 |
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.
Loading data...
Worst Drawdowns
The table below displays the maximum drawdowns of the Goldman Sachs Local Emerging Markets Debt 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 Local Emerging Markets Debt Fund was 36.65%, occurring on Jan 20, 2016. The portfolio has not yet recovered.
The current Goldman Sachs Local Emerging Markets Debt Fund drawdown is 11.60%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -36.65% | May 9, 2013 | 680 | Jan 20, 2016 | — | — | — |
| -31.47% | Aug 5, 2008 | 77 | Nov 20, 2008 | 330 | Mar 17, 2010 | 407 |
| -13.61% | May 2, 2011 | 146 | Nov 25, 2011 | 172 | Aug 3, 2012 | 318 |
| -7.86% | Apr 16, 2010 | 28 | May 25, 2010 | 43 | Jul 27, 2010 | 71 |
| -7.24% | Nov 5, 2010 | 16 | Nov 29, 2010 | 89 | Apr 6, 2011 | 105 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading data...