# EDGAR Filing Document

**Accession Number:** 0000822977
**File Stem:** 0000940400-25-014058
**Filing Date:** 2025-12
**Character Count:** 37200
**Document Hash:** 6e940cb471f8c0db620438506a7e4d88
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-25-014058.hdr.sgml**: 20251219

**ACCESSION NUMBER**: 0000940400-25-014058

**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:** 251588313

**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 ESG Emerging Markets Equity Fund (Series ID: S000057205)

| Class ID   | Class Name           | Ticker Symbol   |
|:---|:---|:---|
| C000182038 | Class A Shares       | GEBAX           |
| C000182039 | Class C Shares       | GEBCX           |
| C000182040 | Institutional Shares | GEBIX           |
| C000182041 | Investor Shares      | GEBNX           |
| C000182042 | Class R Shares       | GEBRX           |
| C000182043 | Class R6 Shares      | GEBSX           |
| C000203335 | Class P Shares       | GEPPX           |

## 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 ESG Emerging Markets Equity Fund

- **b. EDGAR series identifier (if any):** S000057205

- **c. LEI of Series:** 549300KYT6Z68YENGN05

**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:** $25779166.86

**Total Liabilities:** $120444.10

**Net Assets:** $25658722.76

**Cash Not Reported:** $101111.78

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000182038 | 2.93%                | 6.55%                | 3.80%                |
| Class ID C000182039 | 2.92%                | 6.39%                | 3.84%                |
| Class ID C000182040 | 3.01%                | 6.53%                | 3.87%                |
| Class ID C000182041 | 2.92%                | 6.53%                | 3.87%                |
| Class ID C000182042 | 2.87%                | 6.54%                | 3.85%                |
| Class ID C000182043 | 2.92%                | 6.61%                | 3.86%                |
| Class ID C000203335 | 2.92%                | 6.53%                | 3.95%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $70901.76                | $626086.88                                 |
| Month 2  | $-636.82                 | $1584155.62                                |
| Month 3  | $407864.03               | $611750.61                                 |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Accton Technology Corp         | Accton Technology Corp                          | CUSIP: 000000000<br>LEI: 529900M1YRZ0GWMDF920 | Long             | EC               | CORP              | TW        |      9000 | NS      | $312990.39    | 1.22%             |  |  |  | No            |                  2 | On Loan: No      |
| Axis Bank Ltd                  | Axis Bank Ltd                                   | CUSIP: 000000000<br>LEI: 549300HVNWMJPOFVNI41 | Long             | EC               | CORP              | IN        |     16882 | NS      | $234280.04    | 0.91%             |  |  |  | No            |                  2 | On Loan: No      |
| Monde Nissin Corp              | Monde Nissin Corp                               | CUSIP: 000000000<br>LEI: 549300CUOTXJCLZ00K49 | Long             | EC               | CORP              | PH        |    913400 | NS      | $104732.60    | 0.41%             |  |  |  | No            |                  2 | On Loan: No      |
| Far EasTone Telecommunications | Far EasTone Telecommunications Co Ltd           | CUSIP: 000000000<br>LEI: 529900L7W7BWDLVZL253 | Long             | EC               | CORP              | TW        |      7000 | NS      | $21022.05     | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Torrent Pharmaceuticals Ltd    | Torrent Pharmaceuticals Ltd                     | CUSIP: 000000000<br>LEI: 335800NA6HK275RIJE13 | Long             | EC               | CORP              | IN        |      5096 | NS      | $204366.65    | 0.80%             |  |  |  | No            |                  2 | On Loan: No      |
| SBI Life Insurance Co Ltd      | SBI Life Insurance Co Ltd                       | CUSIP: 000000000<br>LEI: 335800WMVIESQUO95586 | Long             | EC               | CORP              | IN        |     10968 | NS      | $241318.93    | 0.94%             |  |  |  | No            |                  2 | On Loan: No      |
| Infosys Ltd                    | Infosys Ltd                                     | CUSIP: 456788108<br>LEI: 335800TYLGG93MM7PR89 | Long             | EC               | CORP              | IN        |     16117 | NS      | $267058.69    | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Alibaba Group Holding Ltd      | Alibaba Group Holding Ltd                       | CUSIP: 000000000<br>LEI: 5493001NTNQJDH60PM02 | Long             | EC               | CORP              | HK        |     59227 | NS      | $1260276.47   | 4.91%             |  |  |  | No            |                  2 | On Loan: No      |
| Elite Material Co Ltd          | Elite Material Co Ltd                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      6000 | NS      | $263614.21    | 1.03%             |  |  |  | No            |                  2 | On Loan: No      |
| ANTA Sports Products Ltd       | ANTA Sports Products Ltd                        | CUSIP: 000000000<br>LEI: 529900291XG0CTK4LF95 | Long             | EC               | CORP              | CN        |     16400 | NS      | $171185.35    | 0.67%             |  |  |  | No            |                  2 | On Loan: No      |
| Jiangsu Hengrui Pharmaceutical | Jiangsu Hengrui Pharmaceuticals Co Ltd          | CUSIP: 000000000<br>LEI: 2549003BT1XS3SE3E448 | Long             | EC               | CORP              | CN        |     13200 | NS      | $127931.25    | 0.50%             |  |  |  | No            |                  2 | On Loan: No      |
| China Yangtze Power Co Ltd     | China Yangtze Power Co Ltd                      | CUSIP: 000000000<br>LEI: 3003008VX8JFJXA6QP74 | Long             | EC               | CORP              | CN        |     27899 | NS      | $110062.94    | 0.43%             |  |  |  | No            |                  2 | On Loan: No      |
| LG Chem Ltd                    | LG Chem Ltd                                     | CUSIP: 000000000<br>LEI: 988400IES4EIG7O06940 | Long             | EC               | CORP              | KR        |       327 | NS      | $90954.47     | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| NTPC Green Energy Ltd          | NTPC Green Energy Ltd                           | CUSIP: 000000000<br>LEI: 335800AMQJOQ1FL3NH90 | Long             | EC               | CORP              | IN        |    121663 | NS      | $141203.75    | 0.55%             |  |  |  | No            |                  2 | On Loan: No      |
| Itau Unibanco Holding SA       | Itau Unibanco Holding SA                        | CUSIP: 000000000<br>LEI: 5493002W2IVG62O3ZJ94 | Long             | EP               | CORP              | BR        |     35890 | NS      | $263106.83    | 1.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Clicks Group Ltd               | Clicks Group Ltd                                | CUSIP: 000000000<br>LEI: 378900E967958A677472 | Long             | EC               | CORP              | ZA        |      8503 | NS      | $179285.62    | 0.70%             |  |  |  | No            |                  2 | On Loan: No      |
| Jollibee Foods Corp            | Jollibee Foods Corp                             | CUSIP: 000000000<br>LEI: 2138009XN3KTAAKUPR35 | Long             | EC               | CORP              | PH        |     23390 | NS      | $86087.92     | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Saudi National Bank/The        | Saudi National Bank/The                         | CUSIP: 000000000<br>LEI: 5586006ZEFQ542K7CY16 | Long             | EC               | CORP              | SA        |     19182 | NS      | $204107.18    | 0.80%             |  |  |  | No            |                  2 | On Loan: No      |
| Co for Cooperative Insurance/T | Co for Cooperative Insurance/The                | CUSIP: 000000000<br>LEI: 549300J2GTNKWJRJ8581 | Long             | EC               | CORP              | SA        |      2910 | NS      | $105682.75    | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Kia Corp                       | Kia Corp                                        | CUSIP: 000000000<br>LEI: 988400V8MJK9N7OI5X76 | Long             | EC               | CORP              | KR        |      3043 | NS      | $255242.65    | 0.99%             |  |  |  | No            |                  2 | On Loan: No      |
| PICC P&C                       | PICC Property & Casualty Co Ltd                 | CUSIP: 000000000<br>LEI: 300300F1000311000017 | Long             | EC               | CORP              | CN        |     96000 | NS      | $226802.34    | 0.88%             |  |  |  | No            |                  2 | On Loan: No      |
| Delta Electronics Inc          | Delta Electronics Inc                           | CUSIP: 000000000<br>LEI: 529900UVZWNWGDLJSM52 | Long             | EC               | CORP              | TW        |     17000 | NS      | $546785.83    | 2.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Sea Ltd                        | Sea Ltd                                         | CUSIP: 81141R100<br>LEI: 529900OM6JLLW44YKI15 | Long             | EC               | CORP              | SG        |       448 | NS      | $70000.00     | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Rasan Information Technology C | Rasan Information Technology Co                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | SA        |      3397 | NS      | $99777.67     | 0.39%             |  |  |  | No            |                  2 | On Loan: No      |
| Tata Capital Ltd               | Tata Capital Ltd                                | CUSIP: 000000000<br>LEI: 335800TXSHN87ZZ57925 | Long             | EC               | CORP              | IN        |     23803 | NS      | $87761.77     | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| JSHL                           | Jiangsu Hengli Hydraulic Co Ltd                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     11800 | NS      | $159145.52    | 0.62%             |  |  |  | No            |                  2 | On Loan: No      |
| H World Group Ltd              | H World Group Ltd                               | CUSIP: 44332N106<br>LEI: 549300Y5ML31FVN83730 | Long             | EC               | CORP              | CN        |      2959 | NS      | $114217.40    | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Bajaj Finance Ltd              | Bajaj Finance Ltd                               | CUSIP: 000000000<br>LEI: 335800YTEXC3DO4Z6F68 | Long             | EC               | CORP              | IN        |     24721 | NS      | $290338.48    | 1.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Samsung Biologics Co Ltd       | Samsung Biologics Co Ltd                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |       296 | NS      | $253063.29    | 0.99%             |  |  |  | No            |                  2 | On Loan: No      |
| Chroma ATE Inc                 | Chroma ATE Inc                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      6000 | NS      | $158860.18    | 0.62%             |  |  |  | No            |                  2 | On Loan: No      |
| LG Electronics Inc             | LG Electronics Inc                              | CUSIP: 000000000<br>LEI: 988400RMQFTGZIOG0609 | Long             | EC               | CORP              | KR        |      2687 | NS      | $164802.38    | 0.64%             |  |  |  | No            |                  2 | On Loan: No      |
| Apollo Hospitals Enterprise Lt | Apollo Hospitals Enterprise Ltd                 | CUSIP: 000000000<br>LEI: 3358005YT7JQCWYLTG43 | Long             | EC               | CORP              | IN        |      3044 | NS      | $263433.09    | 1.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Pop Mart International Group L | Pop Mart International Group Ltd                | CUSIP: 000000000<br>LEI: 9845000A05E8F937E337 | Long             | EC               | CORP              | CN        |      4400 | NS      | $125158.57    | 0.49%             |  |  |  | No            |                  2 | On Loan: No      |
| Piraeus Financial Holdings SA  | Piraeus Financial Holdings SA                   | CUSIP: 000000000<br>LEI: M6AD1Y1KW32H8THQ6F76 | Long             | EC               | CORP              | GR        |     30956 | NS      | $241773.19    | 0.94%             |  |  |  | No            |                  2 | On Loan: No      |
| Almarai Co JSC                 | Almarai Co JSC                                  | CUSIP: 000000000<br>LEI: 549300B4EDUXYD2G6098 | Long             | EC               | CORP              | SA        |      8604 | NS      | $114073.63    | 0.44%             |  |  |  | No            |                  2 | On Loan: No      |
| CATL                           | Contemporary Amperex Technology Co Ltd          | CUSIP: 000000000<br>LEI: 300300KINDY1K0E9I032 | Long             | EC               | CORP              | CN        |      7560 | NS      | $412751.70    | 1.61%             |  |  |  | No            |                  2 | On Loan: No      |
| Yunnan Aluminium Co Ltd        | Yunnan Aluminium Co Ltd                         | CUSIP: 000000000<br>LEI: 3003008AXWSVMLG3MX37 | Long             | EC               | CORP              | CN        |     84600 | NS      | $272875.54    | 1.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Bid Corp Ltd                   | Bid Corp Ltd                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | ZA        |      4120 | NS      | $101919.35    | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| GoTo Gojek Tokopedia Tbk PT    | GoTo Gojek Tokopedia Tbk PT                     | CUSIP: 000000000<br>LEI: 254900MT2CH1Y5Y7OX69 | Long             | EC               | CORP              | ID        |   9403900 | NS      | $33783.25     | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| MediaTek Inc                   | MediaTek Inc                                    | CUSIP: 000000000<br>LEI: 254900UEGBK1I4DM4E14 | Long             | EC               | CORP              | TW        |     11000 | NS      | $466503.98    | 1.82%             |  |  |  | No            |                  2 | On Loan: No      |
| OTP Bank Nyrt                  | OTP Bank Nyrt                                   | CUSIP: 000000000<br>LEI: 529900W3MOO00A18X956 | Long             | EC               | CORP              | HU        |      1951 | NS      | $186233.54    | 0.73%             |  |  |  | No            |                  2 | On Loan: No      |
| Aldar Properties PJSC          | Aldar Properties PJSC                           | CUSIP: 000000000<br>LEI: 98450048CD8AEF13B480 | Long             | EC               | CORP              | AE        |     36283 | NS      | $88897.64     | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| MercadoLibre Inc               | MercadoLibre Inc                                | CUSIP: 58733R102<br>LEI: 549300DKPDN9M5S8GB14 | Long             | EC               | CORP              | UY        |       133 | NS      | $309525.58    | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| E Ink Holdings Inc             | E Ink Holdings Inc                              | CUSIP: 000000000<br>LEI: 529900UOR451FJJYL571 | Long             | EC               | CORP              | TW        |     18000 | NS      | $123658.52    | 0.48%             |  |  |  | No            |                  2 | On Loan: No      |
| Lotes Co Ltd                   | Lotes Co Ltd                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      3000 | NS      | $133757.19    | 0.52%             |  |  |  | No            |                  2 | On Loan: No      |
| Tencent Holdings Ltd           | Tencent Holdings Ltd                            | CUSIP: 000000000<br>LEI: 254900N4SLUMW4XUYY11 | Long             | EC               | CORP              | CN        |     26300 | NS      | $2136290.16   | 8.33%             |  |  |  | No            |                  2 | On Loan: No      |
| Sany Heavy Industry Co Ltd     | Sany Heavy Industry Co Ltd                      | CUSIP: 000000000<br>LEI: 3003001FS86S7NYOHV89 | Long             | EC               | CORP              | CN        |     22800 | NS      | $68600.55     | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Samsung Heavy Industries Co Lt | Samsung Heavy Industries Co Ltd                 | CUSIP: 000000000<br>LEI: 988400OSK0T9LDTWNC20 | Long             | EC               | CORP              | KR        |      6657 | NS      | $138069.38    | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Info Edge India Ltd            | Info Edge India Ltd                             | CUSIP: 000000000<br>LEI: 335800MXUVHTBF9DEC78 | Long             | EC               | CORP              | IN        |     10772 | NS      | $167134.78    | 0.65%             |  |  |  | No            |                  2 | On Loan: No      |
| TVS MOTOR COMPANY              | TVS Motor Co Ltd                                | CUSIP: 000000000<br>LEI: 335800URVL13UQEWM152 | Long             | EP               | CORP              | IN        |     17988 | NS      | $2026.33      | 0.01%             |  |  |  | No            |                  3 | On Loan: No      |
| NetEase Inc                    | NetEase Inc                                     | CUSIP: 000000000<br>LEI: 5299004AF4DSJDB0PA32 | Long             | EC               | CORP              | CN        |     11700 | NS      | $328310.61    | 1.28%             |  |  |  | No            |                  2 | On Loan: No      |
| Old Mutual Ltd                 | Old Mutual Ltd                                  | CUSIP: 000000000<br>LEI: 213800MON84ZWWPQCN47 | Long             | EC               | CORP              | ZA        |    227362 | NS      | $177786.62    | 0.69%             |  |  |  | No            |                  2 | On Loan: No      |
| Godrej Properties Ltd          | Godrej Properties Ltd                           | CUSIP: 000000000<br>LEI: 335800KM3Y5NZWXOE183 | Long             | EC               | CORP              | IN        |      6920 | NS      | $178176.81    | 0.69%             |  |  |  | No            |                  2 | On Loan: No      |
| Eternal Ltd                    | Eternal Ltd                                     | CUSIP: 000000000<br>LEI: 335800T4VOF9ETHF8W59 | Long             | EC               | CORP              | IN        |    133618 | NS      | $476871.82    | 1.86%             |  |  |  | No            |                  2 | On Loan: No      |
| Grasim Industries Ltd          | Grasim Industries Ltd                           | CUSIP: 000000000<br>LEI: 335800WLY7FOIT3ERV21 | Long             | EC               | CORP              | IN        |      3624 | NS      | $117955.11    | 0.46%             |  |  |  | No            |                  2 | On Loan: No      |
| China Merchants Bank Co Ltd    | China Merchants Bank Co Ltd                     | CUSIP: 000000000<br>LEI: 549300MKO5B60FFIHF58 | Long             | EC               | CORP              | CN        |     81500 | NS      | $510885.70    | 1.99%             |  |  |  | No            |                  2 | On Loan: No      |
| HKEX                           | Hong Kong Exchanges & Clearing Ltd              | CUSIP: 000000000<br>LEI: 213800YTVSXYQN17BW16 | Long             | EC               | CORP              | HK        |      2767 | NS      | $150809.52    | 0.59%             |  |  |  | No            |                  2 | On Loan: No      |
| Arca Continental SAB de CV     | Arca Continental SAB de CV                      | CUSIP: 000000000<br>LEI: 254900U2BSJCQHJCXN24 | Long             | EC               | CORP              | MX        |     21499 | NS      | $208226.18    | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Banco del Bajio SA             | Banco del Bajio SA                              | CUSIP: 000000000<br>LEI: 4469000001BD95FFLY16 | Long             | EC               | CORP              | MX        |     24200 | NS      | $61963.78     | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Montage Technology Co Ltd      | Montage Technology Co Ltd                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |      6716 | NS      | $128541.85    | 0.50%             |  |  |  | No            |                  2 | On Loan: No      |
| Abu Dhabi Islamic Bank PJSC    | Abu Dhabi Islamic Bank PJSC                     | CUSIP: 000000000<br>LEI: 5493006DOLY8O98XHD74 | Long             | EC               | CORP              | AE        |     19001 | NS      | $109182.22    | 0.43%             |  |  |  | No            |                  2 | On Loan: No      |
| KB Financial Group Inc         | KB Financial Group Inc                          | CUSIP: 000000000<br>LEI: 529900TKE4MXG3Q6GW86 | Long             | EC               | CORP              | KR        |      4990 | NS      | $407351.59    | 1.59%             |  |  |  | No            |                  2 | On Loan: No      |
| TSMC                           | Taiwan Semiconductor Manufacturing Co Ltd       | CUSIP: 000000000<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |     57000 | NS      | $2756502.09   | 10.74%            |  |  |  | No            |                  2 | On Loan: No      |
| True Corp PCL                  | True Corp PCL                                   | CUSIP: 000000000<br>LEI: 894500HQD71STX0DQK07 | Long             | EC               | CORP              | TH        |    306300 | NS      | $106967.07    | 0.42%             |  |  |  | No            |                  2 | On Loan: No      |
| SK hynix Inc                   | SK hynix Inc                                    | CUSIP: 000000000<br>LEI: 988400XAIK6XISWQV045 | Long             | EC               | CORP              | KR        |      2728 | NS      | $1061447.08   | 4.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Elm Co                         | Elm Co                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | SA        |       452 | NS      | $114346.17    | 0.45%             |  |  |  | No            |                  2 | On Loan: No      |
| KE Holdings Inc                | KE Holdings Inc                                 | CUSIP: 482497104<br>LEI: 254900RHVY072XPAZE03 | Long             | EC               | CORP              | CN        |      5335 | NS      | $90961.75     | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Sun Pharmaceutical Industries  | Sun Pharmaceutical Industries Ltd               | CUSIP: 000000000<br>LEI: 335800KJ7GE29LB4SS73 | Long             | EC               | CORP              | IN        |     11765 | NS      | $224274.47    | 0.87%             |  |  |  | No            |                  2 | On Loan: No      |
| PING AN                        | Ping An Insurance Group Co of China Ltd         | CUSIP: 000000000<br>LEI: 529900M9MC28JLN35U89 | Long             | EC               | CORP              | CN        |     55500 | NS      | $400950.40    | 1.56%             |  |  |  | No            |                  2 | On Loan: No      |
| Tata Consumer Products Ltd     | Tata Consumer Products Ltd                      | CUSIP: 000000000<br>LEI: 335800LOXFWU8ZQJMD12 | Long             | EC               | CORP              | IN        |     27354 | NS      | $358845.57    | 1.40%             |  |  |  | No            |                  2 | On Loan: No      |
| Al Rajhi Bank                  | Al Rajhi Bank                                   | CUSIP: 000000000<br>LEI: 558600BQZS4Y1DTU8589 | Long             | EC               | CORP              | SA        |      8998 | NS      | $254320.60    | 0.99%             |  |  |  | No            |                  2 | On Loan: No      |
| JUMBO SA                       | JUMBO SA                                        | CUSIP: 000000000<br>LEI: 549300TGIVUUMY40MZ05 | Long             | EC               | CORP              | GR        |      4123 | NS      | $130880.52    | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Weichai Power Co Ltd           | Weichai Power Co Ltd                            | CUSIP: 000000000<br>LEI: 529900OKTPKBG85F9502 | Long             | EC               | CORP              | CN        |     12000 | NS      | $24795.60     | 0.10%             |  |  |  | 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        |      3600 | NS      | $108683.48    | 0.42%             |  |  |  | No            |                  2 | On Loan: No      |
| NCSoft Corp                    | NCSoft Corp                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |       745 | NS      | $114993.62    | 0.45%             |  |  |  | No            |                  2 | On Loan: No      |
| TVS Motor Co Ltd               | TVS Motor Co Ltd                                | CUSIP: 000000000<br>LEI: 335800URVL13UQEWM152 | Long             | EC               | CORP              | IN        |      4300 | NS      | $169827.58    | 0.66%             |  |  |  | No            |                  2 | On Loan: No      |
| Tencent Music Entertainment Gr | Tencent Music Entertainment Group               | CUSIP: 88034P109<br>LEI: 213800XTZK2GOHQTYK41 | Long             | EC               | CORP              | CN        |      8823 | NS      | $196929.36    | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| BDO Unibank Inc                | BDO Unibank Inc                                 | CUSIP: 000000000<br>LEI: 3FGIIBS1PEI1FYQBGN97 | Long             | EC               | CORP              | PH        |     37126 | NS      | $84219.56     | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| FUYAO GLASS                    | Fuyao Glass Industry Group Co Ltd               | CUSIP: 000000000<br>LEI: 549300AS5CSLWETN0P64 | Long             | EC               | CORP              | CN        |     14400 | NS      | $128236.73    | 0.50%             |  |  |  | No            |                  2 | On Loan: No      |
| Nien Made Enterprise Co Ltd    | Nien Made Enterprise Co Ltd                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      4000 | NS      | $47919.32     | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Capitec Bank Holdings Ltd      | Capitec Bank Holdings Ltd                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | ZA        |       829 | NS      | $183414.20    | 0.71%             |  |  |  | No            |                  2 | On Loan: No      |
| National Bank of Greece SA     | National Bank of Greece SA                      | CUSIP: 000000000<br>LEI: 5UMCZOEYKCVFAW8ZLO05 | Long             | EC               | CORP              | GR        |     13067 | NS      | $192065.69    | 0.75%             |  |  |  | No            |                  2 | On Loan: No      |
| Raia Drogasil SA               | Raia Drogasil SA                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | BR        |     34000 | NS      | $126395.23    | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank Central Asia Tbk PT       | Bank Central Asia Tbk PT                        | CUSIP: 000000000<br>LEI: 254900BR956G2OHVOM21 | Long             | EC               | CORP              | ID        |    357500 | NS      | $183037.15    | 0.71%             |  |  |  | No            |                  2 | On Loan: No      |
| FirstRand Ltd                  | FirstRand Ltd                                   | CUSIP: 000000000<br>LEI: 529900XYOP8CUZU7R671 | Long             | EC               | CORP              | ZA        |     40164 | NS      | $190614.22    | 0.74%             |  |  |  | No            |                  2 | On Loan: No      |
| NU Holdings Ltd/Cayman Islands | NU Holdings Ltd/Cayman Islands                  | CUSIP: 000000000<br>LEI: 5493002DG1RHWK9W2X27 | Long             | EC               | CORP              | BR        |     25829 | NS      | $416105.19    | 1.62%             |  |  |  | No            |                  1 | On Loan: No      |
| ASE Technology Holding Co Ltd  | ASE Technology Holding Co Ltd                   | CUSIP: 000000000<br>LEI: 300300GO8QHPMV87NZ73 | Long             | EC               | CORP              | TW        |     22000 | NS      | $176016.74    | 0.69%             |  |  |  | No            |                  2 | On Loan: No      |
| Prologis Property Mexico SA de | Prologis Property Mexico SA de CV               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | MX        |     20480 | NS      | $81783.31     | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Beijing Roborock Technology Co | Beijing Roborock Technology Co Ltd              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |      4922 | NS      | $112860.21    | 0.44%             |  |  |  | No            |                  2 | On Loan: No      |
| Bangkok Dusit Medical Services | Bangkok Dusit Medical Services PCL              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TH        |    161200 | NS      | $94068.11     | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| Geely Automobile Holdings Ltd  | Geely Automobile Holdings Ltd                   | CUSIP: 000000000<br>LEI: 549300YS3T1KVQ2SNI84 | Long             | EC               | CORP              | HK        |     50000 | NS      | $118615.49    | 0.46%             |  |  |  | No            |                  2 | On Loan: No      |
| MakeMyTrip Ltd                 | MakeMyTrip Ltd                                  | CUSIP: 000000000<br>LEI: 529900DNT8HNJ7RYUO60 | Long             | EC               | CORP              | IN        |      1422 | NS      | $113760.00    | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Samsung Electronics Co Ltd     | Samsung Electronics Co Ltd                      | CUSIP: 000000000<br>LEI: 9884007ER46L6N7EI764 | Long             | EC               | CORP              | KR        |     16856 | NS      | $1268855.96   | 4.95%             |  |  |  | No            |                  2 | On Loan: No      |
| Suzlon Energy Ltd              | Suzlon Energy Ltd                               | CUSIP: 000000000<br>LEI: 724500ZW9AZP283ZN723 | Long             | EC               | CORP              | IN        |    127941 | NS      | $85435.70     | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| Renaissance Insurance Group JS | Renaissance Insurance Group JSC                 | CUSIP: 000000000<br>LEI: 2534004ERNZEU8P2HW17 | Long             | EC               | CORP              | RU        |     16753 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Credicorp Ltd                  | Credicorp Ltd                                   | CUSIP: 000000000<br>LEI: 529900UYAEYQCQ2BKB17 | Long             | EC               | CORP              | PE        |       742 | NS      | $193662.00    | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank Polska Kasa Opieki SA     | Bank Polska Kasa Opieki SA                      | CUSIP: 000000000<br>LEI: 5493000LKS7B3UTF7H35 | Long             | EC               | CORP              | PL        |      3066 | NS      | $156984.67    | 0.61%             |  |  |  | No            |                  2 | On Loan: No      |
| ICICI Bank Ltd                 | ICICI Bank Ltd                                  | CUSIP: 000000000<br>LEI: R7RX8ER1V4666J8D1I38 | Long             | EC               | CORP              | IN        |     39567 | NS      | $599544.32    | 2.34%             |  |  |  | No            |                  2 | On Loan: No      |
| Techtronic Industries Co Ltd   | Techtronic Industries Co Ltd                    | CUSIP: 000000000<br>LEI: 549300HZW2SBE758OK89 | Long             | EC               | CORP              | HK        |      5500 | NS      | $64152.08     | 0.25%             |  |  |  | No            |                  2 | 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