Goldman Sachs Local Emerging Markets Debt Fund

Scorecard
1 / 5 Stars
Lipper
5 5 1 1 3
Zacks Investment Research
1 (Strong Buy)
Standard & Poor's
3 / 5 Stars
TheStreet.com
E+ (Sell)

#19 in Emerging Markets Bond

U.S. News evaluated 78 Emerging Markets Bond Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

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Performance

The fund has returned 12.68 percent over the past year, 7.80 percent over the past three years, and 4.54 percent over the past five years.

Trailing Returns Updated 05.31.2013
Year to date -3.8%
1 Year 12.7%
3 Years (Annualized) 7.8%
5 Years (Annualized) 4.5%
10 Years (Annualized) N/A

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Summary

The investment seeks a high level of total return consisting of income and capital appreciation. The fund normally invests at least 80% of its net assets plus any borrowings for investment purposes (measured at the time of purchase) ("Net Assets") in (i) sovereign and corporate debt securities and other instruments of issuers in emerging markets countries, denominated in the local currency of such emerging markets countries, and/or (ii) currencies of such emerging markets countries, which may be represented by forwards or other derivatives that may have interest rate exposure. It is non-diversified.

Fees

Fees are Average compared to funds in the same category.
Goldman Sachs Local Emerging Markets Debt Fund has an expense ratio of 1.27 percent.

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Risk

Risk is Above Average compared to funds in the same category according to Morningstar.

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