# EDGAR Filing Document

**Accession Number:** 0000822977
**File Stem:** 0001752724-25-146903
**Filing Date:** 2025-6
**Character Count:** 44694
**Document Hash:** c74c6011109d93c8b5bfc83e073ceff8
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-146903.hdr.sgml**: 20250617

**ACCESSION NUMBER**: 0001752724-25-146903

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250430

**FILED AS OF DATE**: 20250617

**DATE AS OF CHANGE**: 20250617

**PERIOD START**: 20251031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** GOLDMAN SACHS TRUST
- **CENTRAL INDEX KEY:** 0000822977

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-05349
- **FILM NUMBER:** 251052709

**BUSINESS ADDRESS:**
- **STREET 1:** 71  SOUTH WACKER DRIVE
- **STREET 2:** C/O GOLDMAN SACHS & CO
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60606
- **BUSINESS PHONE:** 3126554400

**MAIL ADDRESS:**
- **STREET 1:** 200 WEST STREET
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10282

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** GOLDMAN SACHS SHORT INTERMEDIATE GOVERNMENT FUND
- **DATE OF NAME CHANGE:** 19910711

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** SHORT INTERMEDIATE GOVERNMENT FUND
- **DATE OF NAME CHANGE:** 19900104

## Series and Classes Contracts Data

### Goldman Sachs Rising Dividend Growth Fund (Series ID: S000036119)

| Class ID   | Class Name      | Ticker Symbol   |
|:---|:---|:---|
| C000110562 | Class A         | GSRAX           |
| C000110563 | Class C         | GSRCX           |
| C000110564 | Institutional   | GSRLX           |
| C000110565 | Investor Shares | GSRIX           |
| C000110566 | Class R         | GSRRX           |
| C000198933 | Class R6 Shares | GSRFX           |
| C000201721 | Class P Shares  | GMHPX           |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** GOLDMAN SACHS TRUST

- **b. Investment Company Act file number:** 811-05349

- **c. CIK number of Registrant:** 0000822977

- **d. LEI of Registrant:** S2FHCT8U6D2VORP0J605

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 71  SOUTH WACKER DRIVE

  - **City:** CHICAGO

  - **State:** IL

  - **Foreign country:** US

  - **Zip / Postal Code:** 60606

  - **Telephone number:** 312-655-4400

**Item A.2. Information about the Series.**

- **a. Name of Series:** Goldman Sachs Rising Dividend Growth Fund

- **b. EDGAR series identifier (if any):** S000036119

- **c. LEI of Series:** 5493006ZAIOLOY1I3055

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2025-10-31

- **b. Date as of which information is reported:** 2025-04-30

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $415480992.62

**Total Liabilities:** $393681.62

**Net Assets:** $415087311.00

**Cash Not Reported:** $1399401.81

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000110562 | -1.03%               | -4.18%               | -3.01%               |
| Class ID C000110565 | -1.02%               | -4.17%               | -3.00%               |
| Class ID C000110564 | -1.02%               | -4.14%               | -3.07%               |
| Class ID C000201721 | -1.02%               | -4.13%               | -3.07%               |
| Class ID C000110566 | -1.04%               | -4.18%               | -3.13%               |
| Class ID C000110563 | -1.08%               | -4.23%               | -3.17%               |
| Class ID C000198933 | -1.02%               | -4.14%               | -3.08%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $1381866.88              | $-7105636.92                               |
| Month 2  | $1592531.31              | $-20420196.02                              |
| Month 3  | $80466.84                | $-14432549.63                              |

### Schedule of Portfolio Investments

| Name                                           | Title                                          | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Discover Financial Services                    | Discover Financial Services                    | CUSIP: 254709108<br>LEI: Z1YLO2USPORE63VVUL20 | Long             | EC               | CORP              | US        |     22216 | NS      | $4058196.72   | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Global Partners LP/MA                          | Global Partners LP/MA                          | CUSIP: 37946R109<br>LEI: 549300PCHWTW9P4DU444 | Long             | EC               | CORP              | US        |     14762 | NS      | $756995.36    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Nexstar Media Group Inc                        | Nexstar Media Group Inc                        | CUSIP: 65336K103<br>LEI: 52990083ZRR5UT591988 | Long             | EC               | CORP              | US        |     23650 | NS      | $3539459.00   | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuit Inc                                     | Intuit Inc                                     | CUSIP: 461202103<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | EC               | CORP              | US        |     10976 | NS      | $6887110.72   | 1.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Interparfums Inc                               | Interparfums Inc                               | CUSIP: 458334109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     10660 | NS      | $1164072.00   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Accenture PLC                                  | Accenture PLC                                  | CUSIP: 000000000<br>LEI: 5493000EWHDSR3MZWH98 | Long             | EC               | CORP              | IE        |     19815 | NS      | $5927657.25   | 1.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Evercore Inc                                   | Evercore Inc                                   | CUSIP: 29977A105<br>LEI: 529900P6KLPT95DW3W58 | Long             | EC               | CORP              | US        |      9267 | NS      | $1902422.43   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Mondelez International Inc                     | Mondelez International Inc                     | CUSIP: 609207105<br>LEI: 549300DV9GIB88LZ5P30 | Long             | EC               | CORP              | US        |     71115 | NS      | $4845064.95   | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Toro Co/The                                    | Toro Co/The                                    | CUSIP: 891092108<br>LEI: YJKE4YIT6BWQHVEW0D14 | Long             | EC               | CORP              | US        |     29121 | NS      | $1988381.88   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| NetApp Inc                                     | NetApp Inc                                     | CUSIP: 64110D104<br>LEI: QTX3D84DZDD5JYOCYH15 | Long             | EC               | CORP              | US        |     41709 | NS      | $3743382.75   | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| UnitedHealth Group Inc                         | UnitedHealth Group Inc                         | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |      9989 | NS      | $4109874.16   | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Amphenol Corp                                  | Amphenol Corp                                  | CUSIP: 032095101<br>LEI: 549300D3L3G0R4U4VT04 | Long             | EC               | CORP              | US        |     88399 | NS      | $6802303.05   | 1.64%             |  |  |  | No            |                  1 | On Loan: No      |
| NextEra Energy Inc                             | NextEra Energy Inc                             | CUSIP: 65339F101<br>LEI: 254900RHL9MEUS5NKX63 | Long             | EC               | CORP              | US        |    132721 | NS      | $8876380.48   | 2.14%             |  |  |  | No            |                  1 | On Loan: No      |
| MarketAxess Holdings Inc                       | MarketAxess Holdings Inc                       | CUSIP: 57060D108<br>LEI: 5493002U1CA1XJOVID83 | Long             | EC               | CORP              | US        |     10280 | NS      | $2277945.20   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| AbbVie Inc                                     | AbbVie Inc                                     | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |     29895 | NS      | $5832514.50   | 1.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Tractor Supply Co                              | Tractor Supply Co                              | CUSIP: 892356106<br>LEI: 549300OJ9VZHZRO6I137 | Long             | EC               | CORP              | US        |     66990 | NS      | $3391033.80   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Plains All American Pipeline LP                | Plains All American Pipeline LP                | CUSIP: 726503105<br>LEI: 5521FA2ITF25TVH63740 | Long             | EC               | CORP              | US        |    294383 | NS      | $5139927.18   | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Primerica Inc                                  | Primerica Inc                                  | CUSIP: 74164M108<br>LEI: 254900621R686KJR7022 | Long             | EC               | CORP              | US        |      8550 | NS      | $2240698.50   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| BKV Corp                                       | BKV Corp                                       | CUSIP: 05603J108<br>LEI: 549300S3T4Z01TRFU656 | Long             | EC               | CORP              | US        |     40253 | NS      | $729786.89    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Thermo Fisher Scientific Inc                   | Thermo Fisher Scientific Inc                   | CUSIP: 883556102<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | EC               | CORP              | US        |      9438 | NS      | $4048902.00   | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Costco Wholesale Corp                          | Costco Wholesale Corp                          | CUSIP: 22160K105<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | EC               | CORP              | US        |      5133 | NS      | $5104768.50   | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Masco Corp                                     | Masco Corp                                     | CUSIP: 574599106<br>LEI: 5GCSNMQXHEYA1JO8QN11 | Long             | EC               | CORP              | US        |     43350 | NS      | $2627443.50   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| NIKE Inc                                       | NIKE Inc                                       | CUSIP: 654106103<br>LEI: 787RXPR0UX0O0XUXPZ81 | Long             | EC               | CORP              | US        |     63695 | NS      | $3592398.00   | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Williams Cos Inc/The                           | Williams Cos Inc/The                           | CUSIP: 969457100<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | EC               | CORP              | US        |     32491 | NS      | $1902997.87   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Power Integrations Inc                         | Power Integrations Inc                         | CUSIP: 739276103<br>LEI: 54930085LGXSCIHD5W31 | Long             | EC               | CORP              | US        |     30707 | NS      | $1508327.84   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Western Midstream Partners LP                  | Western Midstream Partners LP                  | CUSIP: 958669103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    124470 | NS      | $4680072.00   | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Cheniere Energy Inc                            | Cheniere Energy Inc                            | CUSIP: 16411R208<br>LEI: MIHC87W9WTYSYZWV1J40 | Long             | EC               | CORP              | US        |      7293 | NS      | $1685485.23   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Comcast Corp                                   | Comcast Corp                                   | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               | CORP              | US        |    279804 | NS      | $9569296.80   | 2.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Amdocs Ltd                                     | Amdocs Ltd                                     | CUSIP: 000000000<br>LEI: 549300HQV672RJ7RQV66 | Long             | EC               | CORP              | GG        |     40515 | NS      | $3588818.70   | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Moody's Corp                                   | Moody's Corp                                   | CUSIP: 615369105<br>LEI: 549300GCEDD8YCF5WU84 | Long             | EC               | CORP              | US        |      9470 | NS      | $4291046.40   | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| TD SYNNEX Corp                                 | TD SYNNEX Corp                                 | CUSIP: 87162W100<br>LEI: 5493004HI6PFLF46NS53 | Long             | EC               | CORP              | US        |     28085 | NS      | $3111818.00   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Instruments Inc                          | Texas Instruments Inc                          | CUSIP: 882508104<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | EC               | CORP              | US        |     35504 | NS      | $5682415.20   | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Venture Global Inc                             | Venture Global Inc                             | CUSIP: 92333F101<br>LEI: 2549007XC91CAB3E0N98 | Long             | EC               | CORP              | US        |     14668 | NS      | $123064.52    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Visa Inc                                       | Visa Inc                                       | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |     16458 | NS      | $5686239.00   | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Zoetis Inc                                     | Zoetis Inc                                     | CUSIP: 98978V103<br>LEI: 549300HD9Q1LOC9KLJ48 | Long             | EC               | CORP              | US        |     26905 | NS      | $4207942.00   | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Papa John's International Inc                  | Papa John's International Inc                  | CUSIP: 698813102<br>LEI: HZYLD3DK5XOX0WBVNB56 | Long             | EC               | CORP              | US        |     27595 | NS      | $952855.35    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Oxford Industries Inc                          | Oxford Industries Inc                          | CUSIP: 691497309<br>LEI: IDZ20O0XD3GS4UOI2L88 | Long             | EC               | CORP              | US        |     12415 | NS      | $603369.00    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Lam Research Corp                              | Lam Research Corp                              | CUSIP: 512807306<br>LEI: 549300I4GMO6D34U1T02 | Long             | EC               | CORP              | US        |     84357 | NS      | $6045866.19   | 1.46%             |  |  |  | No            |                  1 | On Loan: No      |
| DT Midstream Inc                               | DT Midstream Inc                               | CUSIP: 23345M107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     25417 | NS      | $2470532.40   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Dolby Laboratories Inc                         | Dolby Laboratories Inc                         | CUSIP: 25659T107<br>LEI: 549300X04FB2QPCJ5J24 | Long             | EC               | CORP              | US        |     38660 | NS      | $2968701.40   | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Lowe's Cos Inc                                 | Lowe's Cos Inc                                 | CUSIP: 548661107<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | EC               | CORP              | US        |     19230 | NS      | $4299058.80   | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Archrock Inc                                   | Archrock Inc                                   | CUSIP: 03957W106<br>LEI: 549300K3RIHMHDVFTL28 | Long             | EC               | CORP              | US        |     31025 | NS      | $730018.25    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| CDW Corp/DE                                    | CDW Corp/DE                                    | CUSIP: 12514G108<br>LEI: 9845001B052ABF0B6755 | Long             | EC               | CORP              | US        |     26785 | NS      | $4300599.60   | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp                                 | Microsoft Corp                                 | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |     17283 | NS      | $6831278.58   | 1.65%             |  |  |  | No            |                  1 | On Loan: No      |
| A O Smith Corp                                 | A O Smith Corp                                 | CUSIP: 831865209<br>LEI: 549300XG4US7UJNECY36 | Long             | EC               | CORP              | US        |     37490 | NS      | $2544071.40   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Targa Resources Corp                           | Targa Resources Corp                           | CUSIP: 87612G101<br>LEI: 5493003QENHHS261UR94 | Long             | EC               | CORP              | US        |      7877 | NS      | $1346179.30   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| American Tower Corp                            | American Tower Corp                            | CUSIP: 03027X100<br>LEI: 5493006ORUSIL88JOE18 | Long             | EC               |  | US        |     18019 | NS      | $4061662.79   | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Applied Materials Inc                          | Applied Materials Inc                          | CUSIP: 038222105<br>LEI: 41BNNE1AFPNAZELZ6K07 | Long             | EC               | CORP              | US        |     38624 | NS      | $5821023.04   | 1.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Watts Water Technologies Inc                   | Watts Water Technologies Inc                   | CUSIP: 942749102<br>LEI: 549300REJOO94ERQN318 | Long             | EC               | CORP              | US        |     10620 | NS      | $2206305.00   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Constellation Brands Inc                       | Constellation Brands Inc                       | CUSIP: 21036P108<br>LEI: 5493005GKEG8QCVY7037 | Long             | EC               | CORP              | US        |     19265 | NS      | $3612958.10   | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA Corp                                    | NVIDIA Corp                                    | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |     54314 | NS      | $5915880.88   | 1.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Best Buy Co Inc                                | Best Buy Co Inc                                | CUSIP: 086516101<br>LEI: HL5XPTVRV0O8TUN5LL90 | Long             | EC               | CORP              | US        |     37924 | NS      | $2529151.56   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Williams-Sonoma Inc                            | Williams-Sonoma Inc                            | CUSIP: 969904101<br>LEI: 549300IARG6YWVTZ1I92 | Long             | EC               | CORP              | US        |     17746 | NS      | $2741224.62   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| La-Z-Boy Inc                                   | La-Z-Boy Inc                                   | CUSIP: 505336107<br>LEI: 549300WNO1WMN9ZG2519 | Long             | EC               | CORP              | US        |     25005 | NS      | $987697.50    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| CVS Health Corp                                | CVS Health Corp                                | CUSIP: 126650100<br>LEI: 549300EJG376EN5NQE29 | Long             | EC               | CORP              | US        |         1 | NS      | $66.71        | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Marsh & McLennan Cos Inc                       | Marsh & McLennan Cos Inc                       | CUSIP: 571748102<br>LEI: 549300XMP3KDCKJXIU47 | Long             | EC               | CORP              | US        |     21215 | NS      | $4783346.05   | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Robert Half Inc                                | Robert Half Inc                                | CUSIP: 770323103<br>LEI: 529900VPCUY9H3HLIC08 | Long             | EC               | CORP              | US        |     32470 | NS      | $1438421.00   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Suburban Propane Partners LP                   | Suburban Propane Partners LP                   | CUSIP: 864482104<br>LEI: JJAX4X60DE65EYFOTY73 | Long             | EC               | CORP              | US        |     41193 | NS      | $822624.21    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| American Financial Group Inc/OH                | American Financial Group Inc/OH                | CUSIP: 025932104<br>LEI: 549300AFOM7IVKIU1G39 | Long             | EC               | CORP              | US        |     19555 | NS      | $2476836.30   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| USA Compression Partners LP                    | USA Compression Partners LP                    | CUSIP: 90290N109<br>LEI: 5493000B1PEOKXRZEO65 | Long             | EC               | CORP              | US        |     37341 | NS      | $911120.40    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| TJX Cos Inc/The                                | TJX Cos Inc/The                                | CUSIP: 872540109<br>LEI: V167QI9I69W364E2DY52 | Long             | EC               | CORP              | US        |     38930 | NS      | $5009512.40   | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Hershey Co/The                                 | Hershey Co/The                                 | CUSIP: 427866108<br>LEI: 21X2CX66SU2BR6QTAD08 | Long             | EC               | CORP              | US        |     22543 | NS      | $3768964.17   | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| First Citizens BancShares Inc/NC               | First Citizens BancShares Inc/NC               | CUSIP: 31946M103<br>LEI: 549300N3Z00ZHE2XC526 | Long             | EC               | CORP              | US        |      1720 | NS      | $3060120.80   | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Cheniere Energy Partners LP                    | Cheniere Energy Partners LP                    | CUSIP: 16411Q101<br>LEI: 5493005UEC8AZ34LDV29 | Long             | EC               | CORP              | US        |     19899 | NS      | $1169663.22   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Badger Meter Inc                               | Badger Meter Inc                               | CUSIP: 056525108<br>LEI: 5493002JENE20OGTUG20 | Long             | EC               | CORP              | US        |     13040 | NS      | $2879492.80   | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Genesis Energy LP                              | Genesis Energy LP                              | CUSIP: 371927104<br>LEI: 549300VJ5D6MDK138782 | Long             | EC               | CORP              | US        |     77337 | NS      | $1062610.38   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Goldman Sachs Financial Square Government Fund | Goldman Sachs Financial Square Government Fund | CUSIP: 38141W273<br>LEI: 549300BRJMXN4GUWZ402 | Long             | EC               | RF                | US        |   1499636 | NS      | $1499636.41   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Mastercard Inc                                 | Mastercard Inc                                 | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |      9927 | NS      | $5440591.62   | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Amgen Inc                                      | Amgen Inc                                      | CUSIP: 031162100<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | EC               | CORP              | US        |     18805 | NS      | $5470750.60   | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Mercantile Exchange                    | S+P500 EMINI FUT JUN25                         | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DE               |  | US        |        45 | NC      | $-56200.41    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Home Depot Inc/The                             | Home Depot Inc/The                             | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |     12926 | NS      | $4659693.74   | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Energy Transfer LP                             | Energy Transfer LP                             | CUSIP: 29273V100<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | EC               | CORP              | US        |    447986 | NS      | $7409688.44   | 1.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Dillard's Inc                                  | Dillard's Inc                                  | CUSIP: 254067101<br>LEI: 529900FGYKMWL6019P91 | Long             | EC               | CORP              | US        |      4815 | NS      | $1669167.90   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| MPLX LP                                        | MPLX LP                                        | CUSIP: 55336V100<br>LEI: 5493000CZJ19CK4P3G36 | Long             | EC               | CORP              | US        |    157762 | NS      | $8034818.66   | 1.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Cognex Corp                                    | Cognex Corp                                    | CUSIP: 192422103<br>LEI: 549300JQTYZCLC43S226 | Long             | EC               | CORP              | US        |     73190 | NS      | $1998087.00   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Littelfuse Inc                                 | Littelfuse Inc                                 | CUSIP: 537008104<br>LEI: 549300MY7HLQFYTPCX75 | Long             | EC               | CORP              | US        |     11131 | NS      | $2029292.61   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Domino's Pizza Inc                             | Domino's Pizza Inc                             | CUSIP: 25754A201<br>LEI: 25490005ZWM1IF9UXU57 | Long             | EC               | CORP              | US        |      6960 | NS      | $3412975.20   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Sunoco LP                                      | Sunoco LP                                      | CUSIP: 86765K109<br>LEI: 54930001NJU8E40NQ561 | Long             | EC               | CORP              | US        |    107226 | NS      | $6235191.90   | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Rollins Inc                                    | Rollins Inc                                    | CUSIP: 775711104<br>LEI: 549300F2A0BXT4SGWD84 | Long             | EC               | CORP              | US        |     76731 | NS      | $4383642.03   | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| FactSet Research Systems Inc                   | FactSet Research Systems Inc                   | CUSIP: 303075105<br>LEI: 549300ZSJE7NBK6K9P30 | Long             | EC               | CORP              | US        |      6846 | NS      | $2958978.12   | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Watsco Inc                                     | Watsco Inc                                     | CUSIP: 942622200<br>LEI: 549300F1Y3LN5BX5WN75 | Long             | EC               | CORP              | US        |      7152 | NS      | $3288775.68   | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Sherwin-Williams Co/The                        | Sherwin-Williams Co/The                        | CUSIP: 824348106<br>LEI: Z15BMIOX8DDH0X2OBP21 | Long             | EC               | CORP              | US        |     13204 | NS      | $4659955.68   | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Charles Schwab Corp/The                        | Charles Schwab Corp/The                        | CUSIP: 808513105<br>LEI: 549300VSGCJ7E698NM85 | Long             | EC               | CORP              | US        |     63042 | NS      | $5131618.80   | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Oracle Corp                                    | Oracle Corp                                    | CUSIP: 68389X105<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | EC               | CORP              | US        |     45805 | NS      | $6445679.60   | 1.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Carter's Inc                                   | Carter's Inc                                   | CUSIP: 146229109<br>LEI: 5299003WAQK4R3L3ZU36 | Long             | EC               | CORP              | US        |     21055 | NS      | $695867.75    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Landstar System Inc                            | Landstar System Inc                            | CUSIP: 515098101<br>LEI: 254900CUQXQRL09MEI52 | Long             | EC               | CORP              | US        |     11755 | NS      | $1576933.25   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Atlas Energy Solutions Inc                     | Atlas Energy Solutions Inc                     | CUSIP: 642045108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     26996 | NS      | $365255.88    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Roper Technologies Inc                         | Roper Technologies Inc                         | CUSIP: 776696106<br>LEI: 54930003T4SXCIWVXY35 | Long             | EC               | CORP              | US        |     11162 | NS      | $6251612.96   | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Skyworks Solutions Inc                         | Skyworks Solutions Inc                         | CUSIP: 83088M102<br>LEI: 549300WZ3ORQ2BVKBD96 | Long             | EC               | CORP              | US        |     44533 | NS      | $2862581.24   | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Starbucks Corp                                 | Starbucks Corp                                 | CUSIP: 855244109<br>LEI: OQSJ1DU9TAOC51A47K68 | Long             | EC               | CORP              | US        |     48891 | NS      | $3913724.55   | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Kinetik Holdings Inc                           | Kinetik Holdings Inc                           | CUSIP: 02215L209<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     28664 | NS      | $1184969.76   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Monolithic Power Systems Inc                   | Monolithic Power Systems Inc                   | CUSIP: 609839105<br>LEI: 529900TB7O85LSZ1XU31 | Long             | EC               | CORP              | US        |      8565 | NS      | $5079901.50   | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Kodiak Gas Services Inc                        | Kodiak Gas Services Inc                        | CUSIP: 50012A108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     19481 | NS      | $662548.81    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| KLA Corp                                       | KLA Corp                                       | CUSIP: 482480100<br>LEI: 549300H0BF5JCG96TJ81 | Long             | EC               | CORP              | US        |      9051 | NS      | $6360047.19   | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Hess Midstream LP                              | Hess Midstream LP                              | CUSIP: 428103105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     97502 | NS      | $3624149.34   | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Humana Inc                                     | Humana Inc                                     | CUSIP: 444859102<br>LEI: 529900YLDW34GJAO4J06 | Long             | EC               | CORP              | US        |     14169 | NS      | $3715678.56   | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Kroger Co/The                                  | Kroger Co/The                                  | CUSIP: 501044101<br>LEI: 6CPEOKI6OYJ13Q6O7870 | Long             | EC               | CORP              | US        |     62017 | NS      | $4478247.57   | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Cogent Communications Holdings Inc             | Cogent Communications Holdings Inc             | CUSIP: 19239V302<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     41425 | NS      | $2251448.75   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Danaher Corp                                   | Danaher Corp                                   | CUSIP: 235851102<br>LEI: S4BKK9OTCEWQ3YHPFM11 | Long             | EC               | CORP              | US        |     21434 | NS      | $4272439.22   | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Lennox International Inc                       | Lennox International Inc                       | CUSIP: 526107107<br>LEI: S7DWAC87RDMPBF77GJ92 | Long             | EC               | CORP              | US        |      5700 | NS      | $3116475.00   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Goldman Sachs Financial Square Government Fund | Goldman Sachs Financial Square Government Fund | CUSIP: 38148U619<br>LEI: 549300BRJMXN4GUWZ402 | Long             | EC               | RF                | US        |   7694573 | NS      | $7694573.14   | 1.85%             |  |  |  | No            |                  1 | On Loan: No      |
| New York Times Co/The                          | New York Times Co/The                          | CUSIP: 650111107<br>LEI: 529900J1WEMMIW7BOH57 | Long             | EC               | CORP              | US        |     95953 | NS      | $4995313.18   | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Enterprise Products Partners LP                | Enterprise Products Partners LP                | CUSIP: 293792107<br>LEI: K4CDIF4M54DJZ6TB4Q48 | Long             | EC               | CORP              | US        |    217427 | NS      | $6501067.30   | 1.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Interpublic Group of Cos Inc/The               | Interpublic Group of Cos Inc/The               | CUSIP: 460690100<br>LEI: 5493008IUOJ5VWTRC333 | Long             | EC               | CORP              | US        |    198900 | NS      | $4996368.00   | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Extra Space Storage Inc                        | Extra Space Storage Inc                        | CUSIP: 30225T102<br>LEI: N/A                  | Long             | EC               |  | US        |     18424 | NS      | $2699484.48   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| T Rowe Price Group Inc                         | T Rowe Price Group Inc                         | CUSIP: 74144T108<br>LEI: 549300SIV6FPS9Y7IH33 | Long             | EC               | CORP              | US        |     31203 | NS      | $2763025.65   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Delek Logistics Partners LP                    | Delek Logistics Partners LP                    | CUSIP: 24664T103<br>LEI: 549300UVYITDIU51P724 | Long             | EC               | CORP              | US        |     16080 | NS      | $631140.00    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Expand Energy Corp                             | Expand Energy Corp                             | CUSIP: 165167735<br>LEI: X2MT1W32SPAZ9WSKLE78 | Long             | EC               | CORP              | US        |      2912 | NS      | $302556.80    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Equity LifeStyle Properties Inc                | Equity LifeStyle Properties Inc                | CUSIP: 29472R108<br>LEI: 529900PEQG66LENB6798 | Long             | EC               |  | US        |     30482 | NS      | $1974623.96   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Eli Lilly & Co                                 | Eli Lilly & Co                                 | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |      6851 | NS      | $6158706.45   | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| HP Inc                                         | HP Inc                                         | CUSIP: 40434L105<br>LEI: WHKXQACZ14C5XRO8LW03 | Long             | EC               | CORP              | US        |    157523 | NS      | $4027863.11   | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Motorola Solutions Inc                         | Motorola Solutions Inc                         | CUSIP: 620076307<br>LEI: 6S552MUG6KGJVEBSEC55 | Long             | EC               | CORP              | US        |     12993 | NS      | $5721987.27   | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Graco Inc                                      | Graco Inc                                      | CUSIP: 384109104<br>LEI: 4T5VJ4S81BRT6Q7GGT78 | Long             | EC               | CORP              | US        |     35798 | NS      | $2921474.78   | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Reliance Inc                                   | Reliance Inc                                   | CUSIP: 759509102<br>LEI: 549300E287ZOFT3C5Z56 | Long             | EC               | CORP              | US        |     10850 | NS      | $3127295.50   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| ONEOK Inc                                      | ONEOK Inc                                      | CUSIP: 682680103<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | EC               | CORP              | US        |      9566 | NS      | $785942.56    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| American Express Co                            | American Express Co                            | CUSIP: 025816109<br>LEI: R4PP93JZOLY261QX3811 | Long             | EC               | CORP              | US        |     16370 | NS      | $4361131.70   | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Fastenal Co                                    | Fastenal Co                                    | CUSIP: 311900104<br>LEI: 529900PP0C7H2HHPSJ32 | Long             | EC               | CORP              | US        |     55743 | NS      | $4513510.71   | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-05-30

**Name of Applicant:** GOLDMAN SACHS TRUST

**Signature:** Peter Fortner

**Name of Signer:** Peter Fortner

**Title:** Vice President