Goldman Sachs China Equity Fund Class C (GSACX) Fund Details & Analysis

Fund Information

Fund Category China Region

Fund Family Goldman Sachs

Fund Style Large Blend

ISIN US38142B2943

CUSIP 38142B294

Inception Date 1994-07-08

Domicile United States

Country USA

Fiscal Year End October

NAV Chart

Fund Metrics

Net Assets $40.17 Million

Share Class Net Assets $1.01 Million

Expense Ratio 2.21%

Expense Ratio Date 2025-02-28

Dividend Yield 0.01%

Morning Star Rating -

Morning Star Risk Rating -

Morning Star Category -

Performance

YTD Return 5.76%

1-Year Return 38.83%

3-Year Return 3.51%

5-Year Return -8.01%

NAV $23.21

Previous Close Price $22.97

Last Update 2025-12-31

Dividend Information

Dividend Yield 0.01%

Dividend (ttm) 0.17

Dividend Growth -58.12%

Payout Frequency Annual

Ex-Dividend Date n/a

Ratings

Morning Star Rating -

Morning Star Risk Rating -

Morning Star Category -

Beta (5Y) 1.23

About Goldman Sachs China Equity Fund Class C

The fund invests, under normal circumstances, at least 80% of its net assets plus any borrowings for investment purposes ("Net Assets") in a diversified portfolio of equity investments in issuers economically tied to China. The manager expects to invest primarily in common stocks, but may also invest in depositary receipts. This may include securities that trade in local Chinese, Hong Kong, or other foreign exchanges and securities that trade in Renminbi (“RMB”), the official currency of China.

Detailed Metrics

Market Cap Distribution

AverageMarketCap 69257.31%

Giant 69.98%

Large 26.03%

Medium 2.88%

Micro 0.00%

Small 0.53%

Value & Growth Metrics

Book-Value Growth % 7.47%

Cash-Flow Growth % 13.24%

Dividend Yield % 2.11%

Historical Earnings % 12.14%

Long-Term Earnings % 9.00%

Asset Allocation

Type	Net %	Long %	Short %	Category Average	benchmark
Bond	0.00%	0.00%	0.00%	0.03%	0.00%
Cash	0.00%	0.00%	0.00%	1.36%	0.00%
Non US Stock	100.00%	100.00%	0.00%	98.15%	99.11%
Not Classified	0.00%	0.00%	0.00%	0.00%	0.00%
Other	0.00%	0.00%	0.00%	0.03%	0.00%
US Stock	0.00%	0.00%	0.00%	0.82%	0.89%

Top Holdings

Name	Weight	Owned	Change
Tencent Holdings Ltd	11.23%	-	-
China Construction Bank Corp	4.20%	-	-
Alibaba Group Holding Ltd	9.37%	-	-
Meituan	3.40%	-	-
China Yangtze Power Co Ltd	2.53%	-	-
Zijin Mining Group Co Ltd	2.89%	-	-
Kweichow Moutai Co Ltd	2.17%	-	-
Xiaomi Corp	3.85%	-	-
Contemporary Amperex Technology Co Ltd	3.35%	-	-
PetroChina Co Ltd	1.99%	-	-
Bank of Jiangsu Co Ltd	2.43%	-	-
Trip.com Group Ltd	2.24%	-	-
NetEase Inc	1.95%	-	-
Ping An Insurance Group Co of China Ltd	1.92%	-	-
China Merchants Bank Co Ltd	1.86%	-	-
Montage Technology Co Ltd	1.84%	-	-

See the full breakdown of GSACX fund's asset allocation and top holdings .

Sector Weights

Category	Subcategory	Amount %	Category Avg	Stocks %	Benchmark
Bond Sector	Cash and Equivalents	1.32%	90.99%	0.00%	0.00%
Bond Sector	Corporate	1.32%	0.00%	0.00%	0.00%
Bond Sector	Derivative	1.32%	5.17%	0.00%	0.00%
Bond Sector	Government	1.32%	3.84%	0.00%	0.00%
Bond Sector	Municipal	1.32%	0.00%	0.00%	0.00%
Bond Sector	Securitized	1.32%	0.00%	0.00%	0.00%
Cyclical	Basic Materials	8.70%	3.38%	0.00%	5.95%
Cyclical	Consumer Cyclical	16.79%	21.37%	0.00%	26.00%
Cyclical	Financial Services	19.68%	15.39%	0.00%	17.36%
Cyclical	Real Estate	0.82%	2.13%	0.00%	1.66%
Defensive	Consumer Defensive	4.85%	4.24%	0.00%	3.55%
Defensive	Healthcare	5.08%	5.16%	0.00%	5.08%
Defensive	Utilities	1.32%	0.74%	0.00%	1.80%
Sensitive	Communication Services	15.41%	19.91%	0.00%	19.29%
Sensitive	Energy	1.17%	1.29%	0.00%	2.77%
Sensitive	Industrials	11.74%	5.15%	0.00%	6.54%
Sensitive	Technology	14.44%	21.24%	0.00%	10.00%

World Regions

Region	Subregion	Category Average	Stocks Percent	Benchmark
Americas	Latin America	-	-	-
Americas	North America	0.83%	-	0.89%
Greater Asia	Asia Developed	19.83%	8.88%	1.11%
Greater Asia	Asia Emerging	79.25%	90.60%	97.73%
Greater Asia	Australasia	-	-	0.03%
Greater Asia	Japan	-	-	0.02%
Greater Europe	Africa/Middle East	0.06%	0.53%	-
Greater Europe	Europe Developed	0.01%	-	0.22%
Greater Europe	Europe Emerging	-	-	-
Greater Europe	United Kingdom	0.02%	-	-

Dividend History

Date	Amount	Unadjusted Amount	Currency	Declaration Date	Record Date	Payment Date	Period
2024-12-19	$0.057	$0.057	USD	-	-	-	-
2023-12-20	$0.015	$0.015	USD	-	2023-12-19	2023-12-21	Annual
2021-12-14	$0.000	$0.000	None	-	-	-	-
2020-12-14	$0.000	$0.000	None	-	-	-	-
2018-12-11	$0.000	$0.000	None	-	-	-	-
2017-12-11	$0.000	$0.000	None	-	-	-	-
2012-12-10	$0.077	$0.077	USD	2012-12-10	2012-12-07	2012-12-11	Annual
2011-06-29	$0.023	$0.023	USD	-	2011-06-28	2011-06-30	Other
2010-12-13	$0.089	$0.089	USD	-	2010-12-10	2010-12-14	Annual
2009-12-11	$0.107	$0.107	USD	-	2009-12-10	2009-12-14	Annual
2008-12-12	$0.021	$0.021	USD	-	2008-12-11	2008-12-15	Other
2007-12-10	$0.103	$0.103	USD	-	2007-12-07	2007-12-11	Other
2005-12-08	$0.098	$0.098	USD	-	2005-12-07	2005-12-09	Annual
2004-12-09	$0.007	$0.007	USD	-	2004-12-08	2004-12-10	Annual
2003-12-31	$0.040	$0.040	USD	-	-	-	-
2003-12-10	$0.040	$0.040	USD	-	2003-12-09	2003-12-11	Annual
1997-09-23	$0.032	$0.032	USD	-	-	-	-

Related Funds to Explore

Allspring High Yield Municipal Bond Fund - Class C (WHYCX) fund overview	View ADBLX fund performance & NAV
GGIJX mutual fund analysis	Check ESSAX expense ratio & ratings
Goldman Sachs Emerging Markets Equity Fund Class P fund metrics & details	Explore JAVAX investment profile
PHDAX fund yield & return data	Review Calvert Emerging Markets Equity Fund Class C fund information
PRDEX morning star rating & risk analysis	Compare DIECX fund sector allocation
William Blair Emerging Markets Small Cap Growth Fund Class N net assets & portfolio breakdown	Analyze STYAX fund value & growth metrics
SKSRX asset allocation & world regions	Get Invesco High Yield Fund Class R6 (HYIFX) complete fund report

Goldman Sachs China Equity Fund Class C NMFQS:GSACX