# EDGAR Filing Document

**Accession Number:** 0000822977
**File Stem:** 0000940400-25-014049
**Filing Date:** 2025-12
**Character Count:** 30111
**Document Hash:** 25a668cbdef2034effb8f8a70fee09f2
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-25-014049.hdr.sgml**: 20251219

**ACCESSION NUMBER**: 0000940400-25-014049

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251031

**FILED AS OF DATE**: 20251219

**DATE AS OF CHANGE**: 20251219

**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:** 251588304

**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 China Equity Fund (Series ID: S000009337)

| Class ID   | Class Name      | Ticker Symbol   |
|:---|:---|:---|
| C000025583 | Institutional   | GSAIX           |
| C000025585 | Class A         | GSAGX           |
| C000025587 | Class C         | GSACX           |
| C000141341 | Investor Shares | GSAEX           |
| C000198939 | Class R6 Shares | GSAFX           |
| C000201743 | Class P Shares  | GMEPX           |

## 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 China Equity Fund

- **b. EDGAR series identifier (if any):** S000009337

- **c. LEI of Series:** 5493008PXXS9X2V7ST92

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

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

- **b. Date as of which information is reported:** 2025-10-31

**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:** $41517179.44

**Total Liabilities:** $593533.02

**Net Assets:** $40923646.42

**Cash Not Reported:** $311451.84

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000025583 | 8.75%                | 9.15%                | -4.09%               |
| Class ID C000025585 | 8.72%                | 9.10%                | -4.08%               |
| Class ID C000025587 | 8.62%                | 9.05%                | -4.17%               |
| Class ID C000141341 | 8.73%                | 9.14%                | -4.05%               |
| Class ID C000198939 | 8.74%                | 9.15%                | -4.07%               |
| Class ID C000201743 | 8.74%                | 9.19%                | -4.10%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $369760.51               | $2742164.94                                |
| Month 2  | $311527.71               | $3159475.21                                |
| Month 3  | $788329.18               | $-2492260.92                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| KINGDEE INT'L                                  | Kingdee International Software Group Co Ltd      | CUSIP: 000000000<br>LEI: 529900SWRZN94C5SZO63 | Long             | EC               | CORP              | CN        |    167000 | NS      | $315069.88    | 0.77%             |  |  |  | No            |                  2 | On Loan: No      |
| Bank of Jiangsu Co Ltd                         | Bank of Jiangsu Co Ltd                           | CUSIP: 000000000<br>LEI: 300300C1086832000046 | Long             | EC               | CORP              | CN        |    418400 | NS      | $633156.27    | 1.55%             |  |  |  | No            |                  1 | On Loan: No      |
| BYD Co Ltd                                     | BYD Co Ltd                                       | CUSIP: 000000000<br>LEI: 5299005557VL7ULJ7A69 | Long             | EC               | CORP              | CN        |     11200 | NS      | $158597.79    | 0.39%             |  |  |  | No            |                  2 | On Loan: No      |
| HKEX                                           | Hong Kong Exchanges & Clearing Ltd               | CUSIP: 000000000<br>LEI: 213800YTVSXYQN17BW16 | Long             | EC               | CORP              | HK        |      4101 | NS      | $223516.38    | 0.55%             |  |  |  | No            |                  2 | On Loan: No      |
| Beijing Roborock Technology Co                 | Beijing Roborock Technology Co Ltd               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     12378 | NS      | $283824.39    | 0.69%             |  |  |  | No            |                  2 | On Loan: No      |
| PING AN                                        | Ping An Insurance Group Co of China Ltd          | CUSIP: 000000000<br>LEI: 529900M9MC28JLN35U89 | Long             | EC               | CORP              | CN        |     32400 | NS      | $263112.61    | 0.64%             |  |  |  | No            |                  2 | On Loan: No      |
| Sunresin New Materials Co Ltd                  | Sunresin New Materials Co Ltd                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     49854 | NS      | $388644.79    | 0.95%             |  |  |  | No            |                  2 | On Loan: No      |
| Montage Technology Co Ltd                      | Montage Technology Co Ltd                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     39403 | NS      | $754159.38    | 1.84%             |  |  |  | No            |                  2 | On Loan: No      |
| PSBC                                           | Postal Savings Bank of China Co Ltd              | CUSIP: 000000000<br>LEI: 300300C1040311005298 | Long             | EC               | CORP              | CN        |    968000 | NS      | $682063.45    | 1.67%             |  |  |  | No            |                  2 | On Loan: No      |
| Jiangsu Hengrui Pharmaceutical                 | Jiangsu Hengrui Pharmaceuticals Co Ltd           | CUSIP: 000000000<br>LEI: 2549003BT1XS3SE3E448 | Long             | EC               | CORP              | CN        |     72938 | NS      | $656140.92    | 1.60%             |  |  |  | No            |                  2 | On Loan: No      |
| H World Group Ltd                              | H World Group Ltd                                | CUSIP: 000000000<br>LEI: 549300Y5ML31FVN83730 | Long             | EC               | CORP              | CN        |     38400 | NS      | $148901.31    | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| Accton Technology Corp                         | Accton Technology Corp                           | CUSIP: 000000000<br>LEI: 529900M1YRZ0GWMDF920 | Long             | EC               | CORP              | TW        |      8000 | NS      | $278213.68    | 0.68%             |  |  |  | No            |                  2 | On Loan: No      |
| CITIC Securities Co Ltd                        | CITIC Securities Co Ltd                          | CUSIP: 000000000<br>LEI: 300300E1006744000068 | Long             | EC               | CORP              | CN        |    126500 | NS      | $481597.03    | 1.18%             |  |  |  | No            |                  2 | On Loan: No      |
| CITIC Securities Co Ltd                        | CITIC Securities Co Ltd                          | CUSIP: 000000000<br>LEI: 300300E1006744000068 | Long             | EC               | CORP              | CN        |    125289 | NS      | $517116.79    | 1.26%             |  |  |  | No            |                  2 | On Loan: No      |
| Kweichow Moutai Co Ltd                         | Kweichow Moutai Co Ltd                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |      4419 | NS      | $887603.43    | 2.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Hansoh Pharmaceutical Group Co                 | Hansoh Pharmaceutical Group Co Ltd               | CUSIP: 000000000<br>LEI: 254900Q6MR00EBXTPF42 | Long             | EC               | CORP              | CN        |     86000 | NS      | $394800.77    | 0.96%             |  |  |  | No            |                  2 | On Loan: No      |
| INOVANCE                                       | Shenzhen Inovance Technology Co Ltd              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     43078 | NS      | $465421.63    | 1.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Alibaba Group Holding Ltd                      | Alibaba Group Holding Ltd                        | CUSIP: 000000000<br>LEI: 5493001NTNQJDH60PM02 | Long             | EC               | CORP              | HK        |    180276 | NS      | $3836047.78   | 9.37%             |  |  |  | No            |                  2 | On Loan: No      |
| Midea Group Co Ltd                             | Midea Group Co Ltd                               | CUSIP: 000000000<br>LEI: 3003003TRPHLHZD2IF61 | Long             | EC               | CORP              | CN        |     11600 | NS      | $124427.54    | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| ANTA Sports Products Ltd                       | ANTA Sports Products Ltd                         | CUSIP: 000000000<br>LEI: 529900291XG0CTK4LF95 | Long             | EC               | CORP              | CN        |     44000 | NS      | $459277.78    | 1.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Jiaxin International Resources                 | Jiaxin International Resources Investment Ltd    | CUSIP: 000000000<br>LEI: 98450000BMG7870N0359 | Long             | EC               | CORP              | HK        |     47200 | NS      | $234707.71    | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Jiangsu Hengrui Pharmaceutical                 | Jiangsu Hengrui Pharmaceuticals Co Ltd           | CUSIP: 000000000<br>LEI: 2549003BT1XS3SE3E448 | Long             | EC               | CORP              | CN        |      3600 | NS      | $34890.34     | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| NetEase Inc                                    | NetEase Inc                                      | CUSIP: 000000000<br>LEI: 5299004AF4DSJDB0PA32 | Long             | EC               | CORP              | CN        |     28400 | NS      | $796924.90    | 1.95%             |  |  |  | No            |                  2 | On Loan: No      |
| China Resources Mixc Lifestyle                 | China Resources Mixc Lifestyle Services Ltd      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     48000 | NS      | $251141.90    | 0.61%             |  |  |  | No            |                  2 | On Loan: No      |
| YILI                                           | Inner Mongolia Yili Industrial Group Co Ltd      | CUSIP: 000000000<br>LEI: 3003002Q2A863JPQFH06 | Long             | EC               | CORP              | CN        |     85099 | NS      | $327608.55    | 0.80%             |  |  |  | No            |                  2 | On Loan: No      |
| Jentech Precision Industrial C                 | Jentech Precision Industrial Co Ltd              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      5000 | NS      | $342831.44    | 0.84%             |  |  |  | No            |                  2 | On Loan: No      |
| PING AN                                        | Ping An Insurance Group Co of China Ltd          | CUSIP: 000000000<br>LEI: 529900M9MC28JLN35U89 | Long             | EC               | CORP              | CN        |    109000 | NS      | $787452.13    | 1.92%             |  |  |  | No            |                  2 | On Loan: No      |
| Kuaishou Technology                            | Kuaishou Technology                              | CUSIP: 000000000<br>LEI: 300300FCDZBE6UP9ED24 | Long             | EC               | CORP              | CN        |     64000 | NS      | $594197.44    | 1.45%             |  |  |  | No            |                  2 | On Loan: No      |
| Cambricon Technologies Corp Lt                 | Cambricon Technologies Corp Ltd                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |      2298 | NS      | $443508.90    | 1.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Hua Hong Semiconductor Ltd                     | Hua Hong Semiconductor Ltd                       | CUSIP: 000000000<br>LEI: 529900OXH3ZYLIMGB907 | Long             | EC               | CORP              | CN        |     30000 | NS      | $307505.90    | 0.75%             |  |  |  | No            |                  2 | On Loan: No      |
| Sany Heavy Industry Co Ltd                     | Sany Heavy Industry Co Ltd                       | CUSIP: 000000000<br>LEI: 3003001FS86S7NYOHV89 | Long             | EC               | CORP              | CN        |    195914 | NS      | $608788.43    | 1.49%             |  |  |  | No            |                  2 | On Loan: No      |
| Innovent Biologics Inc                         | Innovent Biologics Inc                           | CUSIP: 000000000<br>LEI: 25490058ONL9SCIE1R22 | Long             | EC               | CORP              | CN        |     35500 | NS      | $398224.62    | 0.97%             |  |  |  | No            |                  2 | On Loan: No      |
| FUYAO GLASS                                    | Fuyao Glass Industry Group Co Ltd                | CUSIP: 000000000<br>LEI: 549300AS5CSLWETN0P64 | Long             | EC               | CORP              | CN        |     34680 | NS      | $328605.07    | 0.80%             |  |  |  | No            |                  2 | On Loan: No      |
| Huaqin Technology Co Ltd                       | Huaqin Technology Co Ltd                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     24500 | NS      | $349220.89    | 0.85%             |  |  |  | No            |                  2 | On Loan: No      |
| CIG Shanghai Co Ltd                            | CIG Shanghai Co Ltd                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     25250 | NS      | $266454.76    | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| China Tower Corp Ltd                           | China Tower Corp Ltd                             | CUSIP: 000000000<br>LEI: 300300T6BNNP0L7O7H91 | Long             | EC               | CORP              | CN        |    113900 | NS      | $164545.37    | 0.40%             |  |  |  | No            |                  2 | On Loan: No      |
| Minth Group Ltd                                | Minth Group Ltd                                  | CUSIP: 000000000<br>LEI: 254900B2AH0G13K9G204 | Long             | EC               | CORP              | TW        |     78000 | NS      | $346111.05    | 0.85%             |  |  |  | No            |                  2 | On Loan: No      |
| Shenzhen Mindray Bio-Medical E                 | Shenzhen Mindray Bio-Medical Electronics Co Ltd  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |      7500 | NS      | $226423.91    | 0.55%             |  |  |  | No            |                  2 | On Loan: No      |
| Zijin Mining Group Co Ltd                      | Zijin Mining Group Co Ltd                        | CUSIP: 000000000<br>LEI: 836800JRNL2393Z2I561 | Long             | EC               | CORP              | CN        |    286000 | NS      | $1183186.26   | 2.89%             |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs Financial Square Government Fund | Goldman Sachs Financial Square Government Fund   | CUSIP: 38141W273<br>LEI: 549300BRJMXN4GUWZ402 | Long             | STIV             | RF                | US        |    106920 | NS      | $106920.00    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| PICC P&C                                       | PICC Property & Casualty Co Ltd                  | CUSIP: 000000000<br>LEI: 300300F1000311000017 | Long             | EC               | CORP              | CN        |    296000 | NS      | $699307.22    | 1.71%             |  |  |  | No            |                  2 | On Loan: No      |
| China Construction Bank Corp                   | China Construction Bank Corp                     | CUSIP: 000000000<br>LEI: 5493001KQW6DM7KEDR62 | Long             | EC               | CORP              | CN        |   1736000 | NS      | $1718712.50   | 4.20%             |  |  |  | No            |                  2 | On Loan: No      |
| Zijin Gold International Co Lt                 | Zijin Gold International Co Ltd                  | CUSIP: 000000000<br>LEI: 254900FINUJR4MZ8A417 | Long             | EC               | CORP              | HK        |     16813 | NS      | $284307.83    | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Tencent Music Entertainment Gr                 | Tencent Music Entertainment Group                | CUSIP: 88034P109<br>LEI: 213800XTZK2GOHQTYK41 | Long             | EC               | CORP              | CN        |     17662 | NS      | $394215.84    | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| China Yangtze Power Co Ltd                     | China Yangtze Power Co Ltd                       | CUSIP: 000000000<br>LEI: 3003008VX8JFJXA6QP74 | Long             | EC               | CORP              | CN        |    143100 | NS      | $564536.61    | 1.38%             |  |  |  | No            |                  2 | On Loan: No      |
| H World Group Ltd                              | H World Group Ltd                                | CUSIP: 44332N106<br>LEI: 549300Y5ML31FVN83730 | Long             | EC               | CORP              | CN        |      4950 | NS      | $191070.00    | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| JSHL                                           | Jiangsu Hengli Hydraulic Co Ltd                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     40179 | NS      | $541890.49    | 1.32%             |  |  |  | No            |                  2 | On Loan: No      |
| Anji Microelectronics Technolo                 | Anji Microelectronics Technology Shanghai Co Ltd | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     18921 | NS      | $522923.70    | 1.28%             |  |  |  | No            |                  2 | On Loan: No      |
| NAURA Technology Group Co Ltd                  | NAURA Technology Group Co Ltd                    | CUSIP: 000000000<br>LEI: 300300JI5I0B95GO5C39 | Long             | EC               | CORP              | CN        |     11540 | NS      | $659310.48    | 1.61%             |  |  |  | No            |                  2 | On Loan: No      |
| BYD Co Ltd                                     | BYD Co Ltd                                       | CUSIP: 000000000<br>LEI: 5299005557VL7ULJ7A69 | Long             | EC               | CORP              | CN        |      6900 | NS      | $89147.94     | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| East Money Information Co Ltd                  | East Money Information Co Ltd                    | CUSIP: 000000000<br>LEI: 836800ZFB0ZEK3KKW487 | Long             | EC               | CORP              | CN        |     68300 | NS      | $244665.86    | 0.60%             |  |  |  | No            |                  2 | On Loan: No      |
| Shanxi Fen Wine                                | Shanxi Xinghuacun Fen Wine Factory Co Ltd        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     12100 | NS      | $323734.53    | 0.79%             |  |  |  | No            |                  2 | On Loan: No      |
| Pop Mart International Group L                 | Pop Mart International Group Ltd                 | CUSIP: 000000000<br>LEI: 9845000A05E8F937E337 | Long             | EC               | CORP              | CN        |     18000 | NS      | $512012.33    | 1.25%             |  |  |  | No            |                  2 | On Loan: No      |
| Yunnan Aluminium Co Ltd                        | Yunnan Aluminium Co Ltd                          | CUSIP: 000000000<br>LEI: 3003008AXWSVMLG3MX37 | Long             | EC               | CORP              | CN        |    181170 | NS      | $584360.08    | 1.43%             |  |  |  | No            |                  2 | On Loan: No      |
| CATL                                           | Contemporary Amperex Technology Co Ltd           | CUSIP: 000000000<br>LEI: 300300KINDY1K0E9I032 | Long             | EC               | CORP              | CN        |     25134 | NS      | $1372235.62   | 3.35%             |  |  |  | No            |                  2 | On Loan: No      |
| LEAD INTELLIGENT                               | Wuxi Lead Intelligent Equipment Co Ltd           | CUSIP: 000000000<br>LEI: 836800J7WO9E2EF72B65 | Long             | EC               | CORP              | CN        |     35100 | NS      | $288124.97    | 0.70%             |  |  |  | No            |                  2 | On Loan: No      |
| Sieyuan Electric Co Ltd                        | Sieyuan Electric Co Ltd                          | CUSIP: 000000000<br>LEI: 836800H6UQQUWN4PSZ32 | Long             | EC               | CORP              | CN        |     32400 | NS      | $597278.80    | 1.46%             |  |  |  | No            |                  2 | On Loan: No      |
| Geely Automobile Holdings Ltd                  | Geely Automobile Holdings Ltd                    | CUSIP: 000000000<br>LEI: 549300YS3T1KVQ2SNI84 | Long             | EC               | CORP              | HK        |    209000 | NS      | $495812.75    | 1.21%             |  |  |  | No            |                  2 | On Loan: No      |
| PetroChina Co Ltd                              | PetroChina Co Ltd                                | CUSIP: 000000000<br>LEI: 529900RPY4YG47TRSV05 | Long             | EC               | CORP              | CN        |    560000 | NS      | $578882.48    | 1.41%             |  |  |  | No            |                  2 | On Loan: No      |
| GigaDevice Semiconductor Inc                   | GigaDevice Semiconductor Inc                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     16300 | NS      | $503487.37    | 1.23%             |  |  |  | No            |                  2 | On Loan: No      |
| Huaxin Cement Co Ltd                           | Huaxin Cement Co Ltd                             | CUSIP: 000000000<br>LEI: 300300SD5S95ZOS05G37 | Long             | EC               | CORP              | CN        |    170100 | NS      | $515295.36    | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Jinan Shengquan Group Share Ho                 | Jinan Shengquan Group Share Holding Co Ltd       | CUSIP: 000000000<br>LEI: 3003008PXT97PYN2I250 | Long             | EC               | CORP              | CN        |     66400 | NS      | $261027.87    | 0.64%             |  |  |  | No            |                  2 | On Loan: No      |
| Tencent Holdings Ltd                           | Tencent Holdings Ltd                             | CUSIP: 000000000<br>LEI: 254900N4SLUMW4XUYY11 | Long             | EC               | CORP              | CN        |     56600 | NS      | $4597491.37   | 11.23%            |  |  |  | No            |                  2 | On Loan: No      |
| WuXi AppTec Co Ltd                             | WuXi AppTec Co Ltd                               | CUSIP: 000000000<br>LEI: 254900OEPQLZSPLN9175 | Long             | EC               | CORP              | CN        |     29228 | NS      | $408406.33    | 1.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Sany Heavy Industry Co Ltd                     | Sany Heavy Industry Co Ltd                       | CUSIP: 000000000<br>LEI: 3003001FS86S7NYOHV89 | Long             | EC               | CORP              | CN        |      7200 | NS      | $21663.33     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| China Merchants Bank Co Ltd                    | China Merchants Bank Co Ltd                      | CUSIP: 000000000<br>LEI: 549300MKO5B60FFIHF58 | Long             | EC               | CORP              | CN        |    121200 | NS      | $696160.93    | 1.70%             |  |  |  | No            |                  2 | On Loan: No      |
| China Merchants Bank Co Ltd                    | China Merchants Bank Co Ltd                      | CUSIP: 000000000<br>LEI: 549300MKO5B60FFIHF58 | Long             | EC               | CORP              | CN        |    121500 | NS      | $761627.15    | 1.86%             |  |  |  | No            |                  2 | On Loan: No      |
| Trip.com Group Ltd                             | Trip.com Group Ltd                               | CUSIP: 000000000<br>LEI: 2549004RMYDSRQL4KW41 | Long             | EC               | CORP              | SG        |      6650 | NS      | $467969.99    | 1.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Mao Geping Cosmetics Co LTD                    | Mao Geping Cosmetics Co LTD                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     24800 | NS      | $286439.84    | 0.70%             |  |  |  | No            |                  2 | On Loan: —       |
| Xiaomi Corp                                    | Xiaomi Corp                                      | CUSIP: 000000000<br>LEI: 2549001ACVFAZRNMKL32 | Long             | EC               | CORP              | CN        |    101400 | NS      | $562558.36    | 1.37%             |  |  |  | No            |                  2 | On Loan: No      |
| Meituan                                        | Meituan                                          | CUSIP: 000000000<br>LEI: 21380033K525E5JLIA77 | Long             | EC               | CORP              | CN        |     28490 | NS      | $375006.89    | 0.92%             |  |  |  | No            |                  2 | On Loan: No      |
| Laopu Gold Co Ltd                              | Laopu Gold Co Ltd                                | CUSIP: 000000000<br>LEI: 2549003X1NWK88OCWI97 | Long             | EC               | CORP              | CN        |      3500 | NS      | $308090.85    | 0.75%             |  |  |  | No            |                  2 | On Loan: No      |
| Beijing Geekplus Technology Co                 | Beijing Geekplus Technology Co Ltd               | CUSIP: 000000000<br>LEI: 254900E51JOY5N5WAT77 | Long             | EC               | CORP              | CN        |    101600 | NS      | $358809.94    | 0.88%             |  |  |  | No            |                  2 | On Loan: No      |
| KE Holdings Inc                                | KE Holdings Inc                                  | CUSIP: 482497104<br>LEI: 254900RHVY072XPAZE03 | Long             | EC               | CORP              | CN        |     10644 | NS      | $181480.20    | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-12-19

**Name of Applicant:** Goldman Sachs Trust

**Signature:** Allison Frachiolla

**Name of Signer:** Allison Frachiolla

**Title:** Vice President Assistant Treasurer