# EDGAR Filing Document

**Accession Number:** 0000822977
**File Stem:** 0001410368-26-051341
**Filing Date:** 2026-5
**Character Count:** 137710
**Document Hash:** 8e2edfcb957680361c1014156cb22024
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-26-051341.hdr.sgml**: 20260526

**ACCESSION NUMBER**: 0001410368-26-051341

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260526

**DATE AS OF CHANGE**: 20260526

**PERIOD START**: 20261231

**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:** 261017899

**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 U.S. Equity Dividend and Premium Fund (Series ID: S000009324)

| Class ID   | Class Name      | Ticker Symbol   |
|:---|:---|:---|
| C000025507 | Institutional   | GSPKX           |
| C000025508 | Class A         | GSPAX           |
| C000025509 | Class C         | GSPQX           |
| C000091963 | Investor Shares | GVIRX           |
| C000200306 | Class R6 Shares | GIDWX           |
| C000201766 | Class P Shares  | GSFPX           |

## Nport-Ex

GOLDMAN SACHS INTERNATIONAL EQUITY DIVIDEND AND PREMIUM FUND

## Schedule of Investments
*March 31, 2026 (Unaudited)* 

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **Common Stocks – 110.6%** | **Common Stocks – 110.6%** |  |
| **Australia – 11.1%** | **Australia – 11.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;34848 | ANZ Group Holdings Ltd. (Banks) | $876262 |
| 65202 | APA Group (Gas Utilities) | 449158 |
| 71686 | BHP Group Ltd. (Metals & Mining) | 2593781 |
| 28587 | Coles Group Ltd. (Consumer Staples Distribution & Retail) | 433515 |
| 4110 | Commonwealth Bank of Australia (Banks) | 481309 |
| 24 | CSL Ltd. (Biotechnology) | 2357 |
| 32204 | Goodman Group (Industrial REITs) | 578175 |
| 125683 | Medibank Pvt Ltd. (Insurance) | 380289 |
| 85124 | National Australia Bank Ltd. (Banks) | 2462267 |
| 50500 | Origin Energy Ltd. (Electric Utilities) | 434560 |
| 416 | Rio Tinto Ltd. (Metals & Mining) | 47263 |
| 32916 | Rio Tinto PLC ADR (Metals & Mining) | 3070734 |
| 30353 | Telstra Group Ltd. (Diversified Telecommunication Services) | 112051 |
| 82009 | Transurban Group (Transportation Infrastructure) | 799985 |
| 5953 | Wesfarmers Ltd. (Broadline Retail) | 303936 |
| 42396 | Westpac Banking Corp. (Banks) | 1171625 |
| 67220 | Woodside Energy Group Ltd. (Oil, Gas & Consumable Fuels) | 1595636 |
|  |  | 15792903 |
| **Austria – 0.9%** | **Austria – 0.9%** |  |
| 18000 | OMV AG (Oil, Gas & Consumable Fuels) | 1316881 |
| **Belgium – 0.8%** | **Belgium – 0.8%** |  |
| 13960 | Ageas SA (Insurance) | 1027637 |
| 540 | UCB SA (Pharmaceuticals) | 162700 |
|  |  | 1190337 |
| **China – 0.4%** | **China – 0.4%** |  |
| 6895 | Prosus NV (Broadline Retail) | 319208 |
| 52000 | SITC International Holdings Co. Ltd. (Marine Transportation) | 227683 |
|  |  | 546891 |
| **Denmark – 1.2%** | **Denmark – 1.2%** |  |
| 6009 | Coloplast AS Class B (Health Care Equipment & Supplies) | 409326 |
| 6220 | Danske Bank AS (Banks) | 306537 |
| 26827 | Novo Nordisk AS Class B (Pharmaceuticals) | 981720 |
| 2108 | Tryg AS (Insurance) | 50245 |
|  |  | 1747828 |
| **Finland – 2.3%** | **Finland – 2.3%** |  |
| 20276 | Kesko OYJ Class B (Consumer Staples Distribution & Retail) | 450297 |
| 7878 | Kone OYJ Class B (Machinery) | 502937 |
| 28499 | Metso OYJ (Machinery) | 493896 |
| 77713 | Nordea Bank Abp (Banks) | 1333005 |
| 5423 | Orion OYJ Class B (Pharmaceuticals) | 438322 |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **Common Stocks – (continued)** | **Common Stocks – (continued)** |  |
| **Finland – (continued)** | **Finland – (continued)** |  |
| 3 | Stora Enso OYJ Class R (Paper & Forest Products) | $35 |
|  |  | 3218492 |
| **France – 11.4%** | **France – 11.4%** |  |
| 554 | Airbus SE (Aerospace & Defense) | 104746 |
| &nbsp;&nbsp;&nbsp;&nbsp;14223 | Amundi SA<sup>(a)</sup> (Capital Markets) | 1222293 |
| 36191 | AXA SA (Insurance) | 1663032 |
| 17244 | BNP Paribas SA (Banks) | 1642726 |
| 21873 | Bouygues SA (Construction & Engineering) | 1267687 |
| 1218 | Capgemini SE (IT Services) | 143722 |
| 56944 | Credit Agricole SA (Banks) | 1062822 |
| 12806 | Danone SA (Food Products) | 1023291 |
| 1065 | Dassault Systemes SE (Software) | 21560 |
| 64497 | Engie SA (Multi-Utilities) | 2078573 |
| 4124 | FDJ UNITED (Hotels, Restaurants & Leisure) | 121365 |
| 18051 | Getlink SE (Transportation Infrastructure) | 389520 |
| 120 | Hermes International SCA (Textiles, Apparel & Luxury Goods) | 227322 |
| 1669 | L'Oreal SA (Personal Products) | 681437 |
| 3497 | LVMH Moet Hennessy Louis Vuitton SE (Textiles, Apparel & Luxury Goods) | 1911633 |
| 4048 | Orange SA (Diversified Telecommunication Services) | 82996 |
| 10383 | Orange SA ADR (Diversified Telecommunication Services) | 212540 |
| 3671 | Pernod Ricard SA (Beverages) | 272983 |
| 748 | Publicis Groupe SA (Media) | 61912 |
| 2275 | Rexel SA (Trading Companies & Distributors) | 90149 |
| 548 | Sartorius Stedim Biotech (Life Sciences Tools & Services) | 106730 |
| 1904 | TotalEnergies SE (Oil, Gas & Consumable Fuels) | 174738 |
| 5873 | TotalEnergies SE ADR (Oil, Gas & Consumable Fuels) | 534326 |
| 1660 | Unibail-Rodamco-Westfield\* (Retail REITs) | 183140 |
| 6333 | Vinci SA (Construction & Engineering) | 950578 |
|  |  | 16231821 |
| **Germany – 7.8%** | **Germany – 7.8%** |  |
| 1665 | Allianz SE (Insurance) | 703160 |
| 22436 | BASF SE (Chemicals) | 1381842 |
| 811 | CTS Eventim AG & Co. KGaA (Entertainment) | 47501 |
| 13085 | Daimler Truck Holding AG (Machinery) | 644381 |
| 14740 | Deutsche Post AG (Air Freight & Logistics) | 776900 |

---

------

GOLDMAN SACHS INTERNATIONAL EQUITY DIVIDEND AND PREMIUM FUND

## Schedule of Investments (continued)
*March 31, 2026 (Unaudited)* 

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **Common Stocks – (continued)** | **Common Stocks – (continued)** |  |
| **Germany – (continued)** | **Germany – (continued)** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;35667 | Evonik Industries AG (Chemicals) | $699882 |
| 1241 | Heidelberg Materials AG (Construction Materials) | 261896 |
| 589 | Hensoldt AG (Aerospace & Defense) | 52274 |
| 9400 | Infineon Technologies AG (Semiconductors & Semiconductor Equipment) | 426442 |
| 1337 | Knorr-Bremse AG (Machinery) | 152755 |
| 567 | MTU Aero Engines AG (Aerospace & Defense) | 206852 |
| 1425 | Nemetschek SE (Software) | 106675 |
| 39 | Rational AG (Machinery) | 28612 |
| 544 | Rheinmetall AG (Aerospace & Defense) | 917612 |
| 9299 | SAP SE (Software) | 1585317 |
| 7615 | Siemens AG (Industrial Conglomerates) | 1855274 |
| 6366 | Siemens Energy AG (Electrical Equipment) | 1097813 |
| 4920 | Siemens Healthineers AG<sup>(a)</sup> (Health Care Equipment & Supplies) | 209917 |
|  |  | 11155105 |
| **Hong Kong – 1.6%** | **Hong Kong – 1.6%** |  |
| 74600 | AIA Group Ltd. (Insurance) | 828905 |
| 45000 | HKT Trust & HKT Ltd. (Diversified Telecommunication Services) | 70321 |
| 98 | Hong Kong & China Gas Co. Ltd. (Gas Utilities) | 89 |
| 12096 | Hong Kong Exchanges & Clearing Ltd. (Capital Markets) | 610219 |
| 58000 | MTR Corp. Ltd. (Ground Transportation) | 237682 |
| 28444 | Sino Land Co. Ltd. (Real Estate Management & Development) | 41680 |
| 5500 | Sun Hung Kai Properties Ltd. (Real Estate Management & Development) | 91580 |
| 24000 | Techtronic Industries Co. Ltd. (Machinery) | 318725 |
|  |  | 2199201 |
| **Indonesia – 0.0%** | **Indonesia – 0.0%** |  |
| 300 | Jardine Matheson Holdings Ltd. (Industrial Conglomerates) | 21565 |
| **Israel – 0.4%** | **Israel – 0.4%** |  |
| 13593 | Bank Hapoalim BM (Banks) | 319232 |
| 96 | CyberArk Software Ltd.\* (Software) | 4320 |
| 6559 | ICL Group Ltd. (Chemicals) | 33852 |
| 2785 | Mizrahi Tefahot Bank Ltd. (Banks) | 203518 |
| 1400 | Teva Pharmaceutical Industries Ltd. ADR\* (Pharmaceuticals) | 42168 |
|  |  | 603090 |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **Common Stocks – (continued)** | **Common Stocks – (continued)** |  |
| **Italy – 4.2%** | **Italy – 4.2%** |  |
| 274 | Amplifon SpA (Health Care Providers & Services) | $3023 |
| 10951 | Banco BPM SpA (Banks) | 152334 |
| 41885 | BPER Banca SpA (Banks) | 548912 |
| &nbsp;&nbsp;&nbsp;&nbsp;146400 | Enel SpA (Electric Utilities) | 1600566 |
| 371650 | Intesa Sanpaolo SpA (Banks) | 2247696 |
| 1343 | Leonardo SpA (Aerospace & Defense) | 91350 |
| 19999 | Mediobanca Banca di Credito Finanziario SpA (Banks) | 389151 |
| 5063 | Moncler SpA (Textiles, Apparel & Luxury Goods) | 304836 |
| 2666 | Prysmian SpA (Electrical Equipment) | 314831 |
| 4530 | Recordati Industria Chimica e Farmaceutica SpA (Pharmaceuticals) | 259381 |
|  |  | 5912080 |
| **Japan – 25.0%** | **Japan – 25.0%** |  |
| 5400 | Advantest Corp. (Semiconductors & Semiconductor Equipment) | 745236 |
| 16600 | Asahi Kasei Corp. (Chemicals) | 162422 |
| 9500 | Asics Corp. (Textiles, Apparel & Luxury Goods) | 255408 |
| 66300 | Astellas Pharma, Inc. (Pharmaceuticals) | 1080810 |
| 3300 | Bandai Namco Holdings, Inc. (Leisure Products) | 81412 |
| 40400 | Bridgestone Corp. (Automobile Components) | 841865 |
| 31600 | Canon, Inc. (Technology Hardware, Storage & Peripherals) | 876816 |
| 5400 | Chugai Pharmaceutical Co. Ltd. (Pharmaceuticals) | 297802 |
| 6000 | Dai-ichi Life Holdings, Inc. (Insurance) | 55332 |
| 12300 | Daiichi Sankyo Co. Ltd. (Pharmaceuticals) | 220055 |
| 8500 | Daito Trust Construction Co. Ltd. (Real Estate Management & Development) | 199190 |
| 109200 | Daiwa Securities Group, Inc. (Capital Markets) | 1034712 |
| 2800 | Denso Corp. (Automobile Components) | 35107 |
| 1200 | Disco Corp. (Semiconductors & Semiconductor Equipment) | 489100 |
| 2800 | Eisai Co. Ltd. (Pharmaceuticals) | 87659 |
| 12000 | FANUC Corp. (Machinery) | 418283 |
| 1000 | Fast Retailing Co. Ltd. (Specialty Retail) | 395106 |
| 46800 | Fujikura Ltd. (Electrical Equipment) | 1287095 |
| 700 | Hikari Tsushin, Inc. (Industrial Conglomerates) | 178088 |
| 28000 | Hitachi Ltd. (Industrial Conglomerates) | 821394 |
| 4200 | Honda Motor Co. Ltd. (Automobiles) | 33993 |

---

------

GOLDMAN SACHS INTERNATIONAL EQUITY DIVIDEND AND PREMIUM FUND

*March 31, 2026 (Unaudited)* 

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **Common Stocks – (continued)** | **Common Stocks – (continued)** |  |
| **Japan – (continued)** | **Japan – (continued)** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | Hoya Corp. (Health Care Equipment & Supplies) | $86680 |
| 8600 | Inpex Corp. (Oil, Gas & Consumable Fuels) | 254384 |
| 81500 | ITOCHU Corp. (Trading Companies & Distributors) | 1036719 |
| 43800 | Japan Post Insurance Co. Ltd. (Insurance) | 441749 |
| 14000 | Japan Tobacco, Inc. (Tobacco) | 537094 |
| 12400 | Kajima Corp. (Construction & Engineering) | 473043 |
| 1700 | Kao Corp. (Personal Products) | 66177 |
| 200 | Keyence Corp. (Electronic Equipment, Instruments & Components) | 71181 |
| 22500 | Kirin Holdings Co. Ltd. (Beverages) | 357889 |
| 12500 | Komatsu Ltd. (Machinery) | 497757 |
| 200 | Lasertec Corp. (Semiconductors & Semiconductor Equipment) | 44515 |
| 4300 | M3, Inc. (Health Care Technology) | 44137 |
| 37000 | Marubeni Corp. (Trading Companies & Distributors) | 1353532 |
| 30700 | Mitsubishi Corp. (Trading Companies & Distributors) | 1053193 |
| 1900 | Mitsubishi Electric Corp. (Electrical Equipment) | 62143 |
| 13800 | Mitsubishi HC Capital, Inc. (Financial Services) | 123828 |
| 32700 | Mitsubishi Heavy Industries Ltd. (Machinery) | 898487 |
| 92400 | Mitsubishi UFJ Financial Group, Inc. (Banks) | 1564694 |
| 24200 | Mitsui & Co. Ltd. (Trading Companies & Distributors) | 935394 |
| 100 | Mitsui OSK Lines Ltd. (Marine Transportation) | 4156 |
| 18100 | Mizuho Financial Group, Inc. (Banks) | 732756 |
| 9000 | MS&AD Insurance Group Holdings, Inc. (Insurance) | 234860 |
| 20700 | Murata Manufacturing Co. Ltd. (Electronic Equipment, Instruments & Components) | 464450 |
| 8100 | Nintendo Co. Ltd. (Entertainment) | 462394 |
| 1000 | Nippon Paint Holdings Co. Ltd. (Chemicals) | 6271 |
| 6200 | Nippon Yusen KK (Marine Transportation) | 227755 |
| 5400 | Nitto Denko Corp. (Chemicals) | 108023 |
| 5200 | Nomura Research Institute Ltd. (IT Services) | 142312 |
| 40700 | Obayashi Corp. (Construction & Engineering) | 985773 |
| 3200 | Obic Co. Ltd. (IT Services) | 77669 |
| 200 | Olympus Corp. (Health Care Equipment & Supplies) | 1905 |
| 4000 | Otsuka Corp. (IT Services) | 76579 |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **Common Stocks – (continued)** | **Common Stocks – (continued)** |  |
| **Japan – (continued)** | **Japan – (continued)** |  |
| 9900 | Recruit Holdings Co. Ltd. (Professional Services) | $431342 |
| 14800 | Resona Holdings, Inc. (Banks) | 168835 |
| 36500 | Sekisui House Ltd. (Household Durables) | 817858 |
| 4800 | Seven & i Holdings Co. Ltd. (Consumer Staples Distribution & Retail) | 64558 |
| 3600 | SG Holdings Co. Ltd. (Air Freight & Logistics) | 33538 |
| 3700 | Shimadzu Corp. (Electronic Equipment, Instruments & Components) | 87923 |
| 16400 | Shin-Etsu Chemical Co. Ltd. (Chemicals) | 667788 |
| 1161200 | SoftBank Corp. (Wireless Telecommunication Services) | 1553828 |
| 10300 | SoftBank Group Corp. (Wireless Telecommunication Services) | 250802 |
| 5100 | Sompo Holdings, Inc. (Insurance) | 198534 |
| 30500 | Sony Financial Group, Inc. (Financial Services) | 27940 |
| 30500 | Sony Group Corp. (Household Durables) | 635703 |
| 11800 | Sumitomo Corp. (Trading Companies & Distributors) | 441545 |
| 5000 | Sumitomo Electric Industries Ltd. (Automobile Components) | 284100 |
| 32900 | Sumitomo Mitsui Financial Group, Inc. (Banks) | 1081762 |
| 41200 | Takeda Pharmaceutical Co. Ltd. (Pharmaceuticals) | 1517308 |
| 15000 | TDK Corp. (Electronic Equipment, Instruments & Components) | 194854 |
| 13000 | Tokio Marine Holdings, Inc. (Insurance) | 610232 |
| 5300 | Tokyo Electron Ltd. (Semiconductors & Semiconductor Equipment) | 1316790 |
| 300 | Tokyo Gas Co. Ltd. (Gas Utilities) | 14129 |
| 93900 | Toyota Motor Corp. (Automobiles) | 1951931 |
| 22500 | ZOZO, Inc. (Specialty Retail) | 157566 |
|  |  | 35533250 |
| **Macau – 0.2%** | **Macau – 0.2%** |  |
| 54000 | Galaxy Entertainment Group Ltd. (Hotels, Restaurants & Leisure) | 244074 |
| 8000 | Sands China Ltd. (Hotels, Restaurants & Leisure) | 17051 |
|  |  | 261125 |
| **Netherlands – 4.7%** | **Netherlands – 4.7%** |  |
| 1 | Akzo Nobel NV (Chemicals) | 57 |
| 450 | Argenx SE\* (Biotechnology) | 326583 |

---

------

GOLDMAN SACHS INTERNATIONAL EQUITY DIVIDEND AND PREMIUM FUND

*March 31, 2026 (Unaudited)* 

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **Common Stocks – (continued)** | **Common Stocks – (continued)** |  |
| **Netherlands – (continued)** | **Netherlands – (continued)** |  |
| 467 | ASM International NV (Semiconductors & Semiconductor Equipment) | $353964 |
| 3046 | ASML Holding NV (Semiconductors & Semiconductor Equipment) | 4050437 |
| &nbsp;&nbsp;&nbsp;&nbsp;10888 | ASR Nederland NV (Insurance) | 749604 |
| 1017 | BE Semiconductor Industries NV (Semiconductors & Semiconductor Equipment) | 217835 |
| 42 | Heineken NV (Beverages) | 3230 |
| 53861 | Koninklijke KPN NV (Diversified Telecommunication Services) | 300201 |
| 7345 | Koninklijke Philips NV (Health Care Equipment & Supplies) | 200902 |
| 4789 | Magnum Ice Cream Co. NV<sup>(b)\*</sup> (Food Products) | 70958 |
| 4249 | NN Group NV (Insurance) | 331829 |
| 5766 | Universal Music Group NV (Entertainment) | 111923 |
|  |  | 6717523 |
| **New Zealand – 0.2%** | **New Zealand – 0.2%** |  |
| 5287 | Fisher & Paykel Healthcare Corp. Ltd. (Health Care Equipment & Supplies) | 114641 |
| 36465 | Meridian Energy Ltd. (Independent Power and Renewable Electricity Producers) | 116728 |
|  |  | 231369 |
| **Norway – 0.7%** | **Norway – 0.7%** |  |
| 58 | Gjensidige Forsikring ASA (Insurance) | 1517 |
| 3774 | Kongsberg Gruppen ASA (Aerospace & Defense) | 160873 |
| 416 | Salmar ASA (Food Products) | 24274 |
| 45454 | Telenor ASA (Diversified Telecommunication Services) | 799432 |
|  |  | 986096 |
| **Portugal – 0.2%** | **Portugal – 0.2%** |  |
| 26970 | EDP SA (Electric Utilities) | 142717 |
| 7432 | Galp Energia SGPS SA (Oil, Gas & Consumable Fuels) | 178202 |
| 742 | Jeronimo Martins SGPS SA (Consumer Staples Distribution & Retail) | 17742 |
|  |  | 338661 |
| **Russia\*<sup>(c)</sup> – 0.0%** | **Russia\*<sup>(c)</sup> – 0.0%** |  |
| 74513 | Evraz PLC (Metals & Mining) |  |
| **Singapore – 1.7%** | **Singapore – 1.7%** |  |
| 22099 | DBS Group Holdings Ltd. (Banks) | 983408 |
| 6600 | Keppel Ltd. (Industrial Conglomerates) | 60801 |
| 2274 | Sea Ltd. ADR\* (Broadline Retail) | 188310 |
| 1100 | Singapore Exchange Ltd. (Capital Markets) | 16781 |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **Common Stocks – (continued)** | **Common Stocks – (continued)** |  |
| **Singapore – (continued)** | **Singapore – (continued)** |  |
| 96800 | Singapore Technologies Engineering Ltd. (Aerospace & Defense) | $821564 |
| &nbsp;&nbsp;&nbsp;&nbsp;100300 | Singapore Telecommunications Ltd. (Diversified Telecommunication Services) | 385379 |
|  |  | 2456243 |
| **South Africa – 0.0%** | **South Africa – 0.0%** |  |
| 1 | Anglo American PLC (Metals & Mining) | 43 |
| 102 | Valterra Platinum Ltd. (Metals & Mining) | 8381 |
|  |  | 8424 |
| **Spain – 3.5%** | **Spain – 3.5%** |  |
| 36230 | Aena SME SA<sup>(a)</sup> (Transportation Infrastructure) | 1068687 |
| 1047 | Amadeus IT Group SA (Hotels, Restaurants & Leisure) | 59868 |
| 101952 | CaixaBank SA (Banks) | 1222165 |
| 6904 | Endesa SA (Electric Utilities) | 287918 |
| 31953 | Iberdrola SA (Electric Utilities) | 731537 |
| 12096 | Industria de Diseno Textil SA (Specialty Retail) | 704094 |
| 9652 | Redeia Corp. SA (Electric Utilities) | 163604 |
| 10540 | Repsol SA (Oil, Gas & Consumable Fuels) | 296685 |
| 92400 | Telefonica SA (Diversified Telecommunication Services) | 404299 |
|  |  | 4938857 |
| **Sweden – 3.2%** | **Sweden – 3.2%** |  |
| 7042 | Atlas Copco AB Class A (Machinery) | 124269 |
| 40761 | Atlas Copco AB Class B (Machinery) | 637187 |
| 1549 | EQT AB (Capital Markets) | 48062 |
| 18328 | H & M Hennes & Mauritz AB Class B (Specialty Retail) | 342896 |
| 4836 | Securitas AB Class B (Commercial Services & Supplies) | 80993 |
| 7383 | SKF AB Class B (Machinery) | 177974 |
| 35604 | Swedbank AB Class A (Banks) | 1213509 |
| 26849 | Tele2 AB Class B (Wireless Telecommunication Services) | 555706 |
| 37960 | Telefonaktiebolaget LM Ericsson Class B (Communications Equipment) | 432753 |
| 177809 | Telia Co. AB (Diversified Telecommunication Services) | 910963 |
|  |  | 4524312 |
| **Switzerland – 4.0%** | **Switzerland – 4.0%** |  |
| 9644 | ABB Ltd. (Electrical Equipment) | 784133 |
| 5238 | Cie Financiere Richemont SA Class A (Textiles, Apparel & Luxury Goods) | 924853 |
| 299 | Geberit AG (Building Products) | 201834 |

---

------

GOLDMAN SACHS INTERNATIONAL EQUITY DIVIDEND AND PREMIUM FUND

*March 31, 2026 (Unaudited)* 

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **Common Stocks – (continued)** | **Common Stocks – (continued)** |  |
| **Switzerland – (continued)** | **Switzerland – (continued)** |  |
| 468 | Partners Group Holding AG (Capital Markets) | $504429 |
| 10717 | SGS SA (Professional Services) | 1129454 |
| 5513 | SIG Group AG (Containers & Packaging) | 82642 |
| 376 | Sonova Holding AG (Health Care Equipment & Supplies) | 85733 |
| 1075 | Straumann Holding AG (Health Care Equipment & Supplies) | 112470 |
| 1651 | UBS Group AG (Capital Markets) | 64378 |
| 662 | VAT Group AG<sup>(a)</sup> (Machinery) | 412983 |
| 2007 | Zurich Insurance Group AG (Insurance) | 1418585 |
|  |  | 5721494 |
| **United Kingdom – 12.5%** | **United Kingdom – 12.5%** |  |
| 8739 | AstraZeneca PLC ADR (Pharmaceuticals) | 1723506 |
| 38835 | BAE Systems PLC (Aerospace & Defense) | 1138584 |
| 11966 | Barratt Redrow PLC (Household Durables) | 41619 |
| 15806 | British American Tobacco PLC (Tobacco) | 917677 |
| 4415 | Coca-Cola Europacific Partners PLC (Beverages) | 400308 |
| 7932 | Compass Group PLC (Hotels, Restaurants & Leisure) | 221310 |
| 13945 | Diageo PLC (Beverages) | 259338 |
| 88128 | HSBC Holdings PLC (Banks) | 1447290 |
| 32780 | HSBC Holdings PLC ADR<sup>(b)</sup> (Banks) | 2704022 |
| 9096 | Imperial Brands PLC (Tobacco) | 368823 |
| 19977 | Kingfisher PLC (Specialty Retail) | 75959 |
| &nbsp;&nbsp;&nbsp;&nbsp;379782 | M&G PLC (Financial Services) | 1379532 |
| 48661 | National Grid PLC (Multi-Utilities) | 821402 |
| 3635 | Reckitt Benckiser Group PLC (Household Products) | 244419 |
| 17073 | RELX PLC (Professional Services) | 559352 |
| 1647 | Rentokil Initial PLC ADR (Commercial Services & Supplies) | 51848 |
| 6703 | Rolls-Royce Holdings PLC (Aerospace & Defense) | 101835 |
| 15392 | Segro PLC (Industrial REITs) | 131949 |
| 28341 | SSE PLC (Electric Utilities) | 979708 |
| 182492 | Standard Life PLC (Insurance) | 1652741 |
| 10345 | Unilever PLC ADR (Personal Products) | 589355 |
| 10944 | Unilever PLC (Personal Products) | 617894 |
| 85247 | Vodafone Group PLC ADR (Wireless Telecommunication Services) | 1280410 |
| 8707 | WPP PLC (Media) | 27231 |
|  |  | 17736112 |
| **United States – 12.6%** | **United States – 12.6%** |  |
| 926 | Amrize Ltd.\* (Construction Materials) | 51325 |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **Common Stocks – (continued)** | **Common Stocks – (continued)** |  |
| **United States – (continued)** | **United States – (continued)** |  |
| 337 | AP Moller - Maersk AS Class B (Marine Transportation) | $841785 |
| 2733 | BP PLC ADR (Oil, Gas & Consumable Fuels) | 128451 |
| 7315 | Experian PLC (Professional Services) | 253059 |
| &nbsp;&nbsp;&nbsp;&nbsp;31029 | GSK PLC ADR (Pharmaceuticals) | 1712490 |
| 10445 | Holcim AG (Construction Materials) | 863404 |
| 21848 | Nestle SA (Food Products) | 2143092 |
| 15605 | Novartis AG (Pharmaceuticals) | 2395279 |
| 211 | Palo Alto Networks, Inc.\* (Software) | 33828 |
| 6956 | Qiagen NV (Life Sciences Tools & Services) | 281786 |
| 6564 | Roche Holding AG (Pharmaceuticals) | 2619632 |
| 10227 | Sanofi SA (Pharmaceuticals) | 987619 |
| 3834 | Schneider Electric SE (Electrical Equipment) | 1044311 |
| 68526 | Shell PLC (Oil, Gas & Consumable Fuels) | 3175782 |
| 1155 | Spotify Technology SA\* (Entertainment) | 560071 |
| 1429 | Sunbelt Rentals Holdings, Inc. (Trading Companies & Distributors) | 91158 |
| 3980 | Swiss Re AG (Insurance) | 668549 |
|  |  | 17851621 |
| **TOTAL COMMON STOCKS**<br> **(Cost $94,440,308)** | **TOTAL COMMON STOCKS**<br> **(Cost $94,440,308)** | $157241281 |
| **Shares** | **Dividend**<br> **Rate** | **Value** |
| **Preferred Stocks – 0.9%** | **Preferred Stocks – 0.9%** |  |
| **Germany – 0.9%** | **Germany – 0.9%** |  |
| Bayerische Motoren Werke AG (Automobiles) | Bayerische Motoren Werke AG (Automobiles) |  |
| 9829 | 5.521% | $904781 |
| Porsche Automobil Holding SE (Automobiles) | Porsche Automobil Holding SE (Automobiles) |  |
| 6063 | 6.102 | 222010 |
| Sartorius AG (Life Sciences Tools & Services) | Sartorius AG (Life Sciences Tools & Services) |  |
| 423 | 0.348 | 105842 |
| **TOTAL PREFERRED STOCKS**<br> **(Cost $1,008,374)** | **TOTAL PREFERRED STOCKS**<br> **(Cost $1,008,374)** | $1232633 |
| **Investment Company<sup>(d)</sup> – 0.5%** | **Investment Company<sup>(d)</sup> – 0.5%** | **Investment Company<sup>(d)</sup> – 0.5%** |
| Goldman Sachs Financial Square Government Fund — Institutional<br>Shares | Goldman Sachs Financial Square Government Fund — Institutional<br>Shares | Goldman Sachs Financial Square Government Fund — Institutional<br>Shares |
| 782929 | 3.553% | $782929 |
| **(Cost $782,929)** | **(Cost $782,929)** | **(Cost $782,929)** |

---

------

GOLDMAN SACHS INTERNATIONAL EQUITY DIVIDEND AND PREMIUM FUND

*March 31, 2026 (Unaudited)* 

---

| | | |
|:---|:---|:---|
| **Shares** | **Dividend**<br> **Rate** | **Value** |
| **Securities Lending Reinvestment Vehicle<sup>(d)</sup> – 0.6%** | **Securities Lending Reinvestment Vehicle<sup>(d)</sup> – 0.6%** | **Securities Lending Reinvestment Vehicle<sup>(d)</sup> – 0.6%** |
| Goldman Sachs Financial Square Government Fund — Institutional<br>Shares | Goldman Sachs Financial Square Government Fund — Institutional<br>Shares | Goldman Sachs Financial Square Government Fund — Institutional<br>Shares |
| &nbsp;&nbsp;&nbsp;&nbsp;823250 | 3.553% | $823250 |
| **(Cost $823,250)** | **(Cost $823,250)** | **(Cost $823,250)** |
| **TOTAL INVESTMENTS – 112.6%**<br> **(Cost $97,054,861)** | **TOTAL INVESTMENTS – 112.6%**<br> **(Cost $97,054,861)** | $160080093 |
| **OTHER ASSETS IN EXCESS OF**<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**LIABILITIES – (12.6)%** | **OTHER ASSETS IN EXCESS OF**<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**LIABILITIES – (12.6)%** | (17886173) |
| **NET ASSETS – 100.0%** | **NET ASSETS – 100.0%** | $142193920 |

---

---

| | |
|:---|:---|
| The percentage shown for each investment category reflects the value of investments in that category as a percentage of net assets. | The percentage shown for each investment category reflects the value of investments in that category as a percentage of net assets. |
| \* | Non-income producing security. |
| (a) | Exempt from registration under Rule 144A of the Securities Act of 1933. |
| (b) | All or a portion of security is on loan. |
| (c) | Significant unobservable inputs were used in the valuation of this portfolio security; i.e., Level 3. |
| (d) | Represents an affiliated issuer. |

---

---

| | |
|:---|:---|
| **SECTOR ALLOCATION AS OF MARCH 31, 2026** | **SECTOR ALLOCATION AS OF MARCH 31, 2026** |
| **Sector** | **% of Total<br>Market Value** |
| Financials | 25.4% |
| Industrials | 20.4 |
| Health Care | 10.4 |
| Consumer Discretionary | 7.9 |
| Information Technology | 7.5 |
| Materials | 6.3 |
| Consumer Staples | 6.0 |
| Communication Services | 5.1 |
| Utilities | 4.9 |
| Energy | 4.8 |
| Real Estate | 0.8 |
| Investment Company | 0.5 |
|  | 100.0% |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

------

GOLDMAN SACHS INTERNATIONAL EQUITY DIVIDEND AND PREMIUM FUND

*March 31, 2026 (Unaudited)* 

**ADDITIONAL INVESTMENT INFORMATION** 

**FUTURES CONTRACTS** — At March 31, 2026, the Fund had the following futures contracts:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Description** | **Number of<br>Contracts** | **Expiration<br>Date** | **Notional<br>Amount** | **Unrealized<br>Appreciation/<br>(Depreciation)** |
|  **Long position contracts:** |  |  |  |  |
|  Euro Stoxx 50 Index | 14 | 06/19/26 | $889195 | $(14263) |
|  FTSE 100 Index | 2 | 06/19/26 | 269988 | 275 |
|  MSCI SING Index | 1 | 04/29/26 | 33958 | 198 |
|  SPI 200 Index | 1 | 06/18/26 | 146839 | (640) |
|  TOPIX Futures | 2 | 06/11/26 | 441574 | (13362) |
|  **TOTAL FUTURES CONTRACTS** |  |  |  | $(27792) |

---

**WRITTEN OPTIONS CONTRACTS** — At March 31, 2026, the Fund had the following written options contracts:

**EXCHANGE TRADED OPTIONS ON EQUITY CONTRACTS** 

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Exercise**<br> **Price** | **Exercise**<br> **Price** | **Expiration<br>Date** | **Number of<br>Contracts** | **Notional**<br> **Amount** | **Notional**<br> **Amount** | **Market<br>Value** | **Premiums Paid<br>(Received)**<br> **by Fund** | **Unrealized<br>Appreciation/<br>(Depreciation)** |
|  **Written option contracts** | **Written option contracts** | **Written option contracts** | **Written option contracts** | **Written option contracts** | **Written option contracts** | **Written option contracts** | **Written option contracts** | **Written option contracts** | **Written option contracts** |
|  **Calls** | **Calls** | **Calls** | **Calls** | **Calls** | **Calls** | **Calls** | **Calls** | **Calls** | **Calls** |
|  Euro Stoxx 50 Index | EUR | 5650.000 | 06/19/2026 | (383) | EUR | (216395000) | $(751689) | $(858882) | $107193 |
|  FTSE 100 Index | GBP | 10200.000 | 06/19/2026 | (56) | GBP | (57120000) | (262020) | (206267) | (55753) |
|  Nikkei 225 Index | JPY | 55750.000 | 06/12/2026 | (33) | JPY | (183975000) | (257837) | (463622) | 205785 |
|  **Total written option contracts** | **Total written option contracts** | **Total written option contracts** | **Total written option contracts** | (472) |  |  | $(1271546) | $(1528771) | $257225 |

---

---

| | |
|:---|:---|
| **Currency Abbreviations:** | **Currency Abbreviations:** |
| EUR | — Euro |
| GBP | — British Pound |
| JPY | — Japanese Yen |
| **Investment Abbreviations:** | **Investment Abbreviations:** |
| ADR | — American Depositary Receipt |
| PLC | — Public Limited Company |
| SpA | — Stand-by Purchase Agreement |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

------

GOLDMAN SACHS U.S. EQUITY DIVIDEND AND PREMIUM FUND

## Schedule of Investments
*March 31, 2026 (Unaudited)* 

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **Common Stocks – 99.5%** | **Common Stocks – 99.5%** | **Common Stocks – 99.5%** |
| **Aerospace & Defense – 2.1%** | **Aerospace & Defense – 2.1%** | **Aerospace & Defense – 2.1%** |
| 78300 | General Electric Co. | $22219191 |
| 124677 | RTX Corp. | 24050193 |
| 24405 | TransDigm Group, Inc. | 28284419 |
|  |  | 74553803 |
| **Air Freight & Logistics – 0.8%** | **Air Freight & Logistics – 0.8%** | **Air Freight & Logistics – 0.8%** |
| 275336 | United Parcel Service, Inc. Class B | 27087556 |
| **Automobiles\* – 2.0%** | **Automobiles\* – 2.0%** | **Automobiles\* – 2.0%** |
| 187246 | Tesla, Inc. | 69608700 |
| **Banks – 4.0%** | **Banks – 4.0%** | **Banks – 4.0%** |
| 259350 | Bank of America Corp. | 12643312 |
| 171687 | JPMorgan Chase & Co. | 50503448 |
| 1092000 | KeyCorp | 21894600 |
| 87800 | PNC Financial Services Group, Inc. | 18270302 |
| 369626 | U.S. Bancorp | 19224248 |
| 212160 | Wells Fargo & Co. | 16890058 |
|  |  | 139425968 |
| **Beverages – 1.3%** | **Beverages – 1.3%** | **Beverages – 1.3%** |
| 342149 | Coca-Cola Co. | 26020432 |
| 127805 | PepsiCo, Inc. | 19846838 |
|  |  | 45867270 |
| **Biotechnology – 2.0%** | **Biotechnology – 2.0%** | **Biotechnology – 2.0%** |
| 164588 | AbbVie, Inc. | 35796244 |
| 44297 | Amgen, Inc. | 15585900 |
| 126600 | Gilead Sciences, Inc. | 17644242 |
| 3600 | Mirati Therapeutics, Inc.\*<sup>(a)</sup> | 2520 |
|  |  | 69028906 |
| **Broadline Retail\* – 3.7%** | **Broadline Retail\* – 3.7%** | **Broadline Retail\* – 3.7%** |
| 623006 | Amazon.com, Inc. | 129753460 |
| **Building Products – 0.0%** | **Building Products – 0.0%** | **Building Products – 0.0%** |
| 1800 | Advanced Drainage Systems, Inc. | 246834 |
| **Capital Markets – 3.3%** | **Capital Markets – 3.3%** | **Capital Markets – 3.3%** |
| 118824 | ARES Management Corp. Class A | 12963699 |
| 13300 | Blackrock, Inc. | 12790743 |
| 193004 | Blackstone, Inc. | 22193530 |
| 83600 | Blue Owl Capital, Inc.<sup>(b)</sup> | 763268 |
| 23400 | Carlyle Group, Inc. | 1132326 |
| 4700 | Evercore, Inc. Class A | 1402997 |
| 823200 | Franklin Resources, Inc. | 19443984 |
| 91100 | Janus Henderson Group PLC | 4679807 |
| 44700 | Jefferies Financial Group, Inc. | 1844769 |
| 153027 | Morgan Stanley | 25183653 |
| 166259 | T. Rowe Price Group, Inc. | 14986586 |
|  |  | 117385362 |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **Common Stocks – (continued)** | **Common Stocks – (continued)** | **Common Stocks – (continued)** |
| **Chemicals – 0.0%** | **Chemicals – 0.0%** | **Chemicals – 0.0%** |
| 21250 | Solstice Advanced Materials, Inc. | $1618400 |
| **Commercial Services & Supplies – 0.0%** | **Commercial Services & Supplies – 0.0%** | **Commercial Services & Supplies – 0.0%** |
| 600 | MSA Safety, Inc. | 98370 |
| **Communications Equipment – 1.0%** | **Communications Equipment – 1.0%** | **Communications Equipment – 1.0%** |
| 468974 | Cisco Systems, Inc. | 36387693 |
| **Construction & Engineering – 0.1%** | **Construction & Engineering – 0.1%** | **Construction & Engineering – 0.1%** |
| 12625 | Everus Construction Group, Inc.\* | 1490507 |
| 1200 | Valmont Industries, Inc. | 479484 |
|  |  | 1969991 |
| **Consumer Finance – 0.5%** | **Consumer Finance – 0.5%** | **Consumer Finance – 0.5%** |
| 52000 | American Express Co. | 15728960 |
| 5600 | OneMain Holdings, Inc. | 299544 |
| 17600 | SLM Corp. | 376816 |
| 18700 | SoFi Technologies, Inc.\* | 296956 |
|  |  | 16702276 |
| **Consumer Staples Distribution & Retail – 1.7%** | **Consumer Staples Distribution & Retail – 1.7%** | **Consumer Staples Distribution & Retail – 1.7%** |
| 16245 | Costco Wholesale Corp. | 16187005 |
| 94999 | Target Corp. | 11513879 |
| 268980 | Walmart, Inc. | 33428835 |
|  |  | 61129719 |
| **Containers & Packaging – 1.1%** | **Containers & Packaging – 1.1%** | **Containers & Packaging – 1.1%** |
| 423719 | Amcor PLC | 16842830 |
| 497976 | International Paper Co. | 17777743 |
| 44400 | Sonoco Products Co. | 2401596 |
|  |  | 37022169 |
| **Diversified Consumer Services – 0.0%** | **Diversified Consumer Services – 0.0%** | **Diversified Consumer Services – 0.0%** |
| 13611 | ADT, Inc. | 89424 |
| 24800 | H&R Block, Inc. | 787152 |
|  |  | 876576 |
| **Diversified REITs – 0.0%** | **Diversified REITs – 0.0%** | **Diversified REITs – 0.0%** |
| 7100 | WP Carey, Inc. | 482516 |
| **Diversified Telecommunication Services – 1.9%** | **Diversified Telecommunication Services – 1.9%** | **Diversified Telecommunication Services – 1.9%** |
| 664830 | AT&T, Inc. | 19273422 |
| 246400 | Comcast Corp. Class A | 7074144 |
| 792618 | Verizon Communications, Inc. | 39789423 |
|  |  | 66136989 |
| **Electric Utilities – 2.4%** | **Electric Utilities – 2.4%** | **Electric Utilities – 2.4%** |
| 210038 | Duke Energy Corp. | 27502376 |
| 371490 | Eversource Energy | 25736827 |
| 460785 | FirstEnergy Corp. | 23343368 |
| 193000 | OGE Energy Corp. | 9256280 |
|  |  | 85838851 |
| **Electrical Equipment – 1.3%** | **Electrical Equipment – 1.3%** | **Electrical Equipment – 1.3%** |
| 68111 | Eaton Corp. PLC | 24361261 |

---

------

GOLDMAN SACHS U.S. EQUITY DIVIDEND AND PREMIUM FUND

## Schedule of Investments (continued)
*March 31, 2026 (Unaudited)* 

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **Common Stocks – (continued)** | **Common Stocks – (continued)** | **Common Stocks – (continued)** |
| **Electrical Equipment – (continued)** | **Electrical Equipment – (continued)** | **Electrical Equipment – (continued)** |
| 25200 | GE Vernova, Inc. | $21997080 |
|  |  | 46358341 |
| **Electronic Equipment, Instruments & Components – 1.0%** | **Electronic Equipment, Instruments & Components – 1.0%** | **Electronic Equipment, Instruments & Components – 1.0%** |
| 238020 | Amphenol Corp. Class A | 30073827 |
| 69300 | Avnet, Inc. | 4270266 |
|  |  | 34344093 |
| **Entertainment\* – 0.8%** | **Entertainment\* – 0.8%** | **Entertainment\* – 0.8%** |
| 283590 | Netflix, Inc. | 27267179 |
| 10758 | ROBLOX Corp. Class A | 608472 |
| 3980 | Roku, Inc. | 376588 |
|  |  | 28252239 |
| **Financial Services – 2.7%** | **Financial Services – 2.7%** | **Financial Services – 2.7%** |
| 17776 | Affirm Holdings, Inc.\* | 814496 |
| 67552 | Berkshire Hathaway, Inc. Class B\* | 32370919 |
| 110700 | Corebridge Financial, Inc. | 2641302 |
| 137600 | Equitable Holdings, Inc. | 5106336 |
| 43518 | Mastercard, Inc. Class A | 21744204 |
| 3800 | Shift4 Payments, Inc. Class A\*<sup>(b)</sup> | 166174 |
| 96439 | Visa, Inc. Class A | 29147723 |
| 426993 | Western Union Co. | 3727649 |
|  |  | 95718803 |
| **Food Products – 0.7%** | **Food Products – 0.7%** | **Food Products – 0.7%** |
| 1135881 | Kraft Heinz Co. | 25545964 |
| **Gas Utilities – 0.0%** | **Gas Utilities – 0.0%** | **Gas Utilities – 0.0%** |
| 50500 | MDU Resources Group, Inc. | 1046360 |
| **Ground Transportation – 0.6%** | **Ground Transportation – 0.6%** | **Ground Transportation – 0.6%** |
| 100 | Avis Budget Group, Inc.\* | 14585 |
| 16500 | Ryder System, Inc. | 3377715 |
| 70280 | Union Pacific Corp. | 17051334 |
|  |  | 20443634 |
| **Health Care Equipment & Supplies – 2.1%** | **Health Care Equipment & Supplies – 2.1%** | **Health Care Equipment & Supplies – 2.1%** |
| 177340 | Abbott Laboratories | 18207498 |
| 30086 | Intuitive Surgical, Inc.\* | 13869345 |
| 323253 | Medtronic PLC | 28009872 |
| 3741 | Penumbra, Inc.\* | 1228432 |
| 34640 | Stryker Corp. | 11382358 |
|  |  | 72697505 |
| **Health Care Providers & Services – 1.1%** | **Health Care Providers & Services – 1.1%** | **Health Care Providers & Services – 1.1%** |
| 255635 | CVS Health Corp. | 18359706 |
| 77409 | UnitedHealth Group, Inc. | 20946101 |
|  |  | 39305807 |
| **Health Care REITs – 1.0%** | **Health Care REITs – 1.0%** | **Health Care REITs – 1.0%** |
| 6800 | Healthcare Realty Trust, Inc. | 115532 |
| 5 | Omega Healthcare Investors, Inc. | 219 |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **Common Stocks – (continued)** | **Common Stocks – (continued)** | **Common Stocks – (continued)** |
| **Health Care REITs – (continued)** | **Health Care REITs – (continued)** | **Health Care REITs – (continued)** |
| 168512 | Welltower, Inc. | $33316508 |
|  |  | 33432259 |
| **Hotels, Restaurants & Leisure – 2.0%** | **Hotels, Restaurants & Leisure – 2.0%** | **Hotels, Restaurants & Leisure – 2.0%** |
| 32250 | Aramark | 1307415 |
| 2978 | Booking Holdings, Inc. | 12538333 |
| 72561 | Darden Restaurants, Inc. | 14224858 |
| 18300 | DraftKings, Inc. Class A\* | 395646 |
| 81400 | McDonald's Corp. | 25298306 |
| 165706 | Starbucks Corp. | 14845601 |
| 8000 | Travel & Leisure Co. | 553520 |
|  |  | 69163679 |
| **Household Durables – 0.0%** | **Household Durables – 0.0%** | **Household Durables – 0.0%** |
| 12600 | Somnigroup International, Inc. | 931392 |
| 200 | TopBuild Corp.\* | 70260 |
|  |  | 1001652 |
| **Household Products – 0.9%** | **Household Products – 0.9%** | **Household Products – 0.9%** |
| 120610 | Kimberly-Clark Corp. | 11635247 |
| 127299 | Procter & Gamble Co. | 18387067 |
| 26100 | Reynolds Consumer Products, Inc. | 552798 |
|  |  | 30575112 |
| **Industrial Conglomerates – 0.6%** | **Industrial Conglomerates – 0.6%** | **Industrial Conglomerates – 0.6%** |
| 85000 | Honeywell International, Inc. | 19212550 |
| **Industrial REITs – 0.4%** | **Industrial REITs – 0.4%** | **Industrial REITs – 0.4%** |
| 9200 | First Industrial Realty Trust, Inc. | 532220 |
| 107160 | Prologis, Inc. | 14164409 |
| 23 | Rexford Industrial Realty, Inc. | 753 |
|  |  | 14697382 |
| **Insurance – 1.6%** | **Insurance – 1.6%** | **Insurance – 1.6%** |
| 10300 | American Financial Group, Inc. | 1315413 |
| 8800 | Axis Capital Holdings Ltd. | 892408 |
| 32300 | CNA Financial Corp. | 1483216 |
| 118282 | Fidelity National Financial, Inc. | 5485919 |
| 42600 | First American Financial Corp. | 2568354 |
| 3300 | Hanover Insurance Group, Inc. | 572055 |
| 381341 | Old Republic International Corp. | 15215506 |
| 296338 | Prudential Financial, Inc. | 28949259 |
|  |  | 56482130 |
| **Interactive Media & Services – 7.9%** | **Interactive Media & Services – 7.9%** | **Interactive Media & Services – 7.9%** |
| 117930 | Alphabet, Inc. Class C | 33829400 |
| 571132 | Alphabet, Inc. Class A | 164234718 |
| 138739 | Meta Platforms, Inc. Class A | 79376744 |
|  |  | 277440862 |
| **IT Services – 1.0%** | **IT Services – 1.0%** | **IT Services – 1.0%** |
| 57439 | Accenture PLC Class A | 11389579 |
| 13500 | Amdocs Ltd. | 881010 |

---

------

GOLDMAN SACHS U.S. EQUITY DIVIDEND AND PREMIUM FUND

*March 31, 2026 (Unaudited)* 

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **Common Stocks – (continued)** | **Common Stocks – (continued)** | **Common Stocks – (continued)** |
| **IT Services – (continued)** | **IT Services – (continued)** | **IT Services – (continued)** |
| 11128 | Cloudflare, Inc. Class A\* | $2296151 |
| 89635 | International Business Machines Corp. | 21726628 |
| 1 | Okta, Inc.\* | 79 |
|  |  | 36293447 |
| **Leisure Products – 0.0%** | **Leisure Products – 0.0%** | **Leisure Products – 0.0%** |
| 9300 | Brunswick Corp. | 676668 |
| **Life Sciences Tools & Services – 0.1%** | **Life Sciences Tools & Services – 0.1%** | **Life Sciences Tools & Services – 0.1%** |
| 8900 | Bruker Corp. | 321468 |
| 11505 | Repligen Corp.\* | 1355519 |
|  |  | 1676987 |
| **Machinery – 1.5%** | **Machinery – 1.5%** | **Machinery – 1.5%** |
| 53040 | Caterpillar, Inc. | 37576718 |
| 7000 | Flowserve Corp. | 514570 |
| 1600 | Lincoln Electric Holdings, Inc. | 398528 |
| 189480 | Stanley Black & Decker, Inc. | 13464449 |
|  |  | 51954265 |
| **Multi-Utilities – 0.7%** | **Multi-Utilities – 0.7%** | **Multi-Utilities – 0.7%** |
| 387652 | Dominion Energy, Inc. | 23964647 |
| **Oil, Gas & Consumable Fuels – 4.5%** | **Oil, Gas & Consumable Fuels – 4.5%** | **Oil, Gas & Consumable Fuels – 4.5%** |
| 222540 | Chevron Corp. | 46043526 |
| 5200 | DT Midstream, Inc. | 700284 |
| 385831 | Exxon Mobil Corp. | 65460087 |
| 664351 | Kinder Morgan, Inc. | 22275689 |
| 240900 | ONEOK, Inc. | 21774951 |
|  |  | 156254537 |
| **Personal Products – 0.3%** | **Personal Products – 0.3%** | **Personal Products – 0.3%** |
| 652667 | Kenvue, Inc. | 11251979 |
| **Pharmaceuticals – 4.4%** | **Pharmaceuticals – 4.4%** | **Pharmaceuticals – 4.4%** |
| 260747 | Bristol-Myers Squibb Co. | 15814306 |
| 49655 | Eli Lilly & Co. | 45671179 |
| 187033 | Johnson & Johnson | 45718346 |
| 124520 | Merck & Co., Inc. | 14978511 |
| 1129758 | Pfizer, Inc. | 31723605 |
|  |  | 153905947 |
| **Professional Services – 1.0%** | **Professional Services – 1.0%** | **Professional Services – 1.0%** |
| 61337 | Automatic Data Processing, Inc. | 12462452 |
| 20933 | Booz Allen Hamilton Holding Corp. | 1633402 |
| 22600 | ManpowerGroup, Inc. | 665796 |
| 225000 | Paychex, Inc. | 20727000 |
|  |  | 35488650 |
| **Residential REITs – 0.0%** | **Residential REITs – 0.0%** | **Residential REITs – 0.0%** |
| 35544 | American Homes 4 Rent Class A | 992389 |
| 1193 | Sun Communities, Inc. | 150270 |
|  |  | 1142659 |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **Common Stocks – (continued)** | **Common Stocks – (continued)** | **Common Stocks – (continued)** |
| **Retail REITs – 0.0%** | **Retail REITs – 0.0%** | **Retail REITs – 0.0%** |
| 14300 | Brixmor Property Group, Inc. | $411840 |
| 8300 | NNN REIT, Inc. | 348849 |
|  |  | 760689 |
| **Semiconductors & Semiconductor Equipment – 15.0%** | **Semiconductors & Semiconductor Equipment – 15.0%** | **Semiconductors & Semiconductor Equipment – 15.0%** |
| 118075 | Advanced Micro Devices, Inc.\* | 24019997 |
| 55999 | Analog Devices, Inc. | 17815522 |
| 55500 | Applied Materials, Inc. | 18969345 |
| 308172 | Broadcom, Inc. | 95382316 |
| 332040 | Intel Corp.\* | 14652925 |
| 159095 | Lam Research Corp. | 33992238 |
| 1759 | Marvell Technology, Inc. | 174229 |
| 97795 | Micron Technology, Inc. | 33039063 |
| 1515823 | NVIDIA Corp. | 264359531 |
| 49647 | QUALCOMM, Inc. | 6393540 |
| 93291 | Texas Instruments, Inc. | 18111515 |
|  |  | 526910221 |
| **Software – 7.8%** | **Software – 7.8%** | **Software – 7.8%** |
| 22800 | AppLovin Corp. Class A\* | 9074400 |
| 3245 | Atlassian Corp. Class A\* | 221471 |
| 29760 | Crowdstrike Holdings, Inc. Class A | 11618601 |
| 4320 | Elastic NV\* | 215957 |
| 4929 | HubSpot, Inc.\* | 1203169 |
| 23676 | Intuit, Inc. | 10237029 |
| 468803 | Microsoft Corp. | 173536806 |
| 124098 | Oracle Corp. | 18256057 |
| 174335 | Palantir Technologies, Inc. Class A\* | 25501724 |
| 64440 | Salesforce, Inc. | 12029015 |
| 92950 | ServiceNow, Inc.\* | 9717922 |
| 21755 | Unity Software, Inc.\* | 477305 |
| 6989 | Zscaler, Inc.\* | 980487 |
|  |  | 273069943 |
| **Specialized REITs – 0.4%** | **Specialized REITs – 0.4%** | **Specialized REITs – 0.4%** |
| 17100 | CubeSmart | 626715 |
| 11891 | Equinix, Inc. | 11656034 |
| 20849 | Gaming & Leisure Properties, Inc. | 925070 |
|  |  | 13207819 |
| **Specialty Retail – 2.2%** | **Specialty Retail – 2.2%** | **Specialty Retail – 2.2%** |
| 216200 | Best Buy Co., Inc. | 13880040 |
| 18100 | Dick's Sporting Goods, Inc. | 3589049 |
| 13400 | Gap, Inc. | 324280 |
| 97997 | Home Depot, Inc. | 32230233 |
| 9000 | Penske Automotive Group, Inc. | 1345680 |
| 160040 | TJX Cos., Inc. | 25558388 |
| 1400 | Wayfair, Inc. Class A\* | 105294 |
|  |  | 77032964 |
| **Technology Hardware, Storage & Peripherals – 6.9%** | **Technology Hardware, Storage & Peripherals – 6.9%** | **Technology Hardware, Storage & Peripherals – 6.9%** |
| 950969 | Apple, Inc. | 241346423 |

---

------

GOLDMAN SACHS U.S. EQUITY DIVIDEND AND PREMIUM FUND

*March 31, 2026 (Unaudited)* 

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **Common Stocks – (continued)** | **Common Stocks – (continued)** |  |
| **Tobacco – 0.8%** | **Tobacco – 0.8%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;408166 | Altria Group, Inc. | $26934874 |
| **Trading Companies & Distributors – 0.3%** | **Trading Companies & Distributors – 0.3%** |  |
| 78500 | MSC Industrial Direct Co., Inc. Class A | 7243195 |
| 10499 | Watsco, Inc. | 3819431 |
|  |  | 11062626 |
| **TOTAL COMMON STOCKS**<br> **(Cost $2,226,867,676)** | **TOTAL COMMON STOCKS**<br> **(Cost $2,226,867,676)** | $3489875126 |
| **Shares** | **Dividend**<br> **Rate** | **Value** |
| **Investment Company<sup>(c)</sup> – 0.3%** | **Investment Company<sup>(c)</sup> – 0.3%** |  |
| Goldman Sachs Financial Square Government Fund — Institutional<br>Shares | Goldman Sachs Financial Square Government Fund — Institutional<br>Shares | Goldman Sachs Financial Square Government Fund — Institutional<br>Shares |
| 10622241 | 3.553% | $10622241 |
| **(Cost $10,622,241)** | **(Cost $10,622,241)** | **(Cost $10,622,241)** |
| **Securities Lending Reinvestment Vehicle<sup>(c)</sup> – 0.0%** | **Securities Lending Reinvestment Vehicle<sup>(c)</sup> – 0.0%** | **Securities Lending Reinvestment Vehicle<sup>(c)</sup> – 0.0%** |
| Goldman Sachs Financial Square Government Fund — Institutional<br>Shares | Goldman Sachs Financial Square Government Fund — Institutional<br>Shares | Goldman Sachs Financial Square Government Fund — Institutional<br>Shares |
| &nbsp;&nbsp;&nbsp;&nbsp;898620 | 3.553% | $898620 |
| **(Cost $898,620)** | **(Cost $898,620)** | **(Cost $898,620)** |
| **TOTAL INVESTMENTS – 99.8%**<br> **(Cost $2,238,388,537)** | **TOTAL INVESTMENTS – 99.8%**<br> **(Cost $2,238,388,537)** | $3501395987 |
| **OTHER ASSETS IN EXCESS OF**<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**LIABILITIES – 0.2%** | **OTHER ASSETS IN EXCESS OF**<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**LIABILITIES – 0.2%** | 7305433 |
| **NET ASSETS – 100.0%** | **NET ASSETS – 100.0%** | $3508701420 |

---

---

| | |
|:---|:---|
| The percentage shown for each investment category reflects the value of investments in that category as a percentage of net assets. | The percentage shown for each investment category reflects the value of investments in that category as a percentage of net assets. |
| \* | Non-income producing security. |
| (a) | Significant unobservable inputs were used in the valuation of this portfolio security; i.e., Level 3. |
| (b) | All or a portion of security is on loan. |
| (c) | Represents an affiliated issuer. |

---

------

GOLDMAN SACHS U.S. EQUITY DIVIDEND AND PREMIUM FUND

*March 31, 2026 (Unaudited)* 

**ADDITIONAL INVESTMENT INFORMATION** 

**FUTURES CONTRACTS** — At March 31, 2026, the Fund had the following futures contracts:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Description** | **Number of<br>Contracts** | **Expiration<br>Date** | **Notional<br>Amount** | **Unrealized<br>Appreciation/<br>(Depreciation)** |
|  **Long position contracts:** |  |  |  |  |
|  S&P 500 E-Mini Index | 89 | 06/18/26 | $29239838 | $(899964) |

---

**WRITTEN OPTIONS CONTRACTS** — At March 31, 2026, the Fund had the following written options contracts:

**EXCHANGE TRADED INDEX OPTIONS** 

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Exercise<br>Price** | **Expiration<br>Date** | **Number of<br>Contracts** | **Notional<br>Amount** | **Market<br>Value** | **Premiums Paid<br>(Received)<br>by Fund** | **Unrealized<br>Appreciation/<br>(Depreciation)** |
|  **Written option contracts** | **Written option contracts** | **Written option contracts** | **Written option contracts** | **Written option contracts** | **Written option contracts** |  |  |
|  **Calls** |  |  |  |  |  |  |  |
|  S&P 500 Index | $6665.00 | 06/30/2026 | (568) | $(378572000) | $(11893920) | $(11926864) | $32944 |
|  S&P 500 Index | 6990.00 | 05/29/2026 | (723) | (505377000) | (2288295) | (13122450) | 10834155 |
|  **Total written option contracts** | **Total written option contracts** | **Total written option contracts** | (1291) | (883949000) | $(14182215) | $(25049314) | $10867099 |

---

---

| | |
|:---|:---|
| **Investment Abbreviations:** | **Investment Abbreviations:** |
| PLC | — Public Limited Company |
| REIT | — Real Estate Investment Trust |

---

------

GOLDMAN SACHS TAX-ADVANTAGED EQUITY FUNDS II

*March 31, 2026 (Unaudited)* 

**NOTES TO THE SCHEDULE OF INVESTMENTS** 

**Investment Valuation** — The Funds' valuation policy is to value investments at fair value.

GAAP defines the fair value of a financial instrument as the amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date (i.e., the exit price); the Funds' policy is to use the market approach. GAAP establishes a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). The level in the fair value hierarchy within which the fair value measurement in its entirety falls shall be determined based on the lowest level input that is significant to the fair value measurement in its entirety. The levels used for classifying investments are not necessarily an indication of the risk associated with investing in these investments. The three levels of the fair value hierarchy are described below:

Level 1 — Unadjusted quoted prices in active markets that are accessible at the measurement date for identical, unrestricted assets or liabilities;

Level 2 — Quoted prices in markets that are not active or financial instruments for which significant inputs are observable (including, but not limited to, quoted prices for similar investments, interest rates, foreign exchange rates, volatility and credit spreads), either directly or indirectly;

Level 3 — Prices or valuations that require significant unobservable inputs (including GSAM's assumptions in determining fair value measurement).

The Board of Trustees ("Trustees") has approved valuation procedures that govern the valuation of the portfolio investments held by the Funds ("Valuation Procedures"), including investments for which market quotations are not readily available. With respect to the Funds' investments that do not have readily available market quotations, the Trustees have designated GSAM as the valuation designee to perform fair valuations pursuant to Rule 2a-5 under the Act (the "Valuation Designee"). GSAM has day-to-day responsibility for implementing and maintaining internal controls and procedures related to the valuation of the Funds' investments. To assess the continuing appropriateness of pricing sources and methodologies, GSAM regularly performs price verification procedures and issues challenges as necessary to third party pricing vendors or brokers, and any differences are reviewed in accordance with the Valuation Procedures.

**Level 1 and Level 2 Fair Value Investments** — The valuation techniques and significant inputs used in determining the fair values for investments classified as Level 1 and Level 2 are as follows:

**Equity Securities** — Equity securities traded on a United States ("U.S.") securities exchange or the NASDAQ system, or those located on certain foreign exchanges, including but not limited to the Americas, are valued daily at their last sale price or official closing price on the principal exchange or system on which they are traded. If there is no sale or official closing price or such price is believed by GSAM to not represent fair value, equity securities will be valued at the valid closing bid price for long positions and at the valid closing ask price for short positions (i.e., where there is sufficient volume, during normal exchange trading hours). If no valid bid/ask price is available, the equity security will be valued pursuant to the Valuation Procedures and consistent with applicable regulatory guidance. To the extent these investments are actively traded, they are classified as Level 1 of the fair value hierarchy, otherwise they are generally classified as Level 2. Certain equity securities containing unique attributes may be classified as Level 2.

Unlisted equity securities for which market quotations are available are valued at the last sale price on the valuation date, or if no sale occurs, at the last bid price for long positions or the last ask price for short positions, and are generally classified as Level 2. Securities traded on certain foreign securities exchanges are valued daily at fair value determined by an independent fair value service (if available) under the Valuation Procedures and consistent with applicable regulatory guidance. The independent fair value service takes into account multiple factors including, but not limited to, movements in the securities markets, certain depositary receipts, futures contracts and foreign currency exchange rates that have occurred subsequent to the close of the foreign securities exchange. These investments are generally classified as Level 2 of the fair value hierarchy.

------

GOLDMAN SACHS TAX-ADVANTAGED EQUITY FUNDS II

*March 31, 2026 (Unaudited)* 

**NOTES TO THE SCHEDULE OF INVESTMENTS (continued)** 

**Money Market Funds** — Investments in the Goldman Sachs Financial Square Government Fund ("Underlying Money Market Fund") are valued at the NAV per share of the Institutional Shares class on the day of valuation. These investments are generally classified as Level 1 of the fair value hierarchy. For information regarding the Underlying Money Market Fund's accounting policies and investment holdings, please see the Underlying Money Market Fund's financial statements at SEC.gov.

**Derivative Contracts** — A derivative is an instrument whose value is derived from underlying assets, indices, reference rates or a combination of these factors. A Fund enters into derivative transactions to hedge against changes in interest rates, securities prices, and/or currency exchange rates, to increase total return, or to gain access to certain markets or attain exposure to other underliers. For financial reporting purposes, cash collateral that has been pledged to cover obligations of a Fund and cash collateral received, if any, is reported separately on the Statements of Assets and Liabilities as either due to broker/receivable for collateral on certain derivative contracts. Non-cash collateral pledged by a Fund, if any, is noted in the Schedules of Investments.

Exchange-traded derivatives, including futures and options contracts, are generally valued at the last sale or settlement price on the exchange where they are principally traded. Exchange-traded options without settlement prices are generally valued at the midpoint of the bid and ask prices on the exchange where they are principally traded (or, in the absence of two-way trading, at the last bid price for long positions and the last ask price for short positions). Exchange-traded derivatives typically fall within Level 1 of the fair value hierarchy. Over-the-counter ("OTC") and centrally cleared derivatives are valued using market transactions and other market evidence, including market-based inputs to models, calibration to market-clearing transactions, broker or dealer quotations, or other alternative pricing sources. Where models are used, the selection of a particular model to value OTC and centrally cleared derivatives depends upon the contractual terms of, and specific risks inherent in, the instrument, as well as the availability of pricing information in the market. Valuation models require a variety of inputs, including contractual terms, market prices, yield curves, credit curves, measures of volatility, voluntary and involuntary prepayment rates, loss severity rates and correlations of such inputs. For OTC and centrally cleared derivatives that trade in liquid markets, model inputs can generally be verified and model selection does not involve significant management judgment. OTC and centrally cleared derivatives are classified within Level 2 of the fair value hierarchy when significant inputs are corroborated by market evidence.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**i. Futures Contracts** — Futures contracts are contracts to buy or sell a standardized quantity of a specified commodity or security. Upon entering into a futures contract, a Fund deposits cash or securities in an account on behalf of the broker in an amount sufficient to meet the initial margin requirement. Subsequent payments are made or received by a Fund equal to the daily change in the contract value and are recorded as variation margin receivable or payable with a corresponding offset to unrealized gains or losses.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**ii. Options** — When a Fund writes call or put options, an amount equal to the premium received is recorded as a liability and is subsequently marked-to-market to reflect the current value of the option written. Swaptions are options on swap contracts.

Upon the purchase of a call option or a put option by a Fund, the premium paid is recorded as an investment and subsequently marked-to-market to reflect the current value of the option. Certain options may be purchased with premiums to be determined on a future date. The premiums for these options are based upon implied volatility parameters at specified terms.

**Level 3 Fair Value Investments** — To the extent that significant inputs to valuation models and other alternative pricing sources are unobservable, or if quotations are not readily available, or if GSAM believes that such quotations do not accurately reflect fair value, the fair value of a Fund's investments may be determined under the Valuation Procedures. GSAM, consistent with its procedures and applicable regulatory guidance, may make an adjustment to the most recent valuation prices of either domestic or foreign securities in light of significant events to reflect what it believes to be the fair value of the securities at the time of determining a Fund's NAV. To the extent investments are valued using single source broker quotations obtained directly from the broker or passed through from third party pricing vendors, such investments are classified as Level 3 investments.

------

GOLDMAN SACHS TAX-ADVANTAGED EQUITY FUNDS II

*March 31, 2026 (Unaudited)* 

**NOTES TO THE SCHEDULE OF INVESTMENTS (continued)** 

**Fair Value Hierarchy** — The following is a summary of the Funds' investments and derivatives classified in the fair value hierarchy as of March 31, 2026:

---

| | | | |
|:---|:---|:---|:---|
| **INTERNATIONAL EQUITY DIVIDEND AND PREMIUM FUND**<br>**Investment Type** | <br>**Level 1** | <br>**Level 2** | <br>**Level 3** |
| **Assets** |  |  |  |
|  Common Stock and/or Other Equity Investments<sup>(a)</sup>  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Africa | $— | $8424 | $— |
| &nbsp;&nbsp;&nbsp;&nbsp; Asia | 834921 | 40782124 | 4320 |
| &nbsp;&nbsp;&nbsp;&nbsp; Australia and Oceania | 3070734 | 12953538 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Europe | 9958702 | 71776897 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; North America | 2434840 | 15416781 |  |
|  Preferred Stocks |  | 1232633 |  |
|  Securities Lending Reinvestment Vehicle | 823250 |  |  |
|  Investment Company | 782929 |  |  |
| **Total** | $17905376 | $142170397 | $4320 |
| **Derivative Type** |  |  |  |
| **Assets<sup>(b)</sup>** |  |  |  |
|  Futures Contracts | $473 | $— | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Liabilities** |  |  |  |
|  Futures Contracts<sup>(b)</sup>  | $(28265) | $— | $— |
|  Written Option Contracts | (1271546) |  |  |
| **Total** | $(1299811) | $— | $— |
| **U.S. EQUITY DIVIDEND AND PREMIUM FUND** |  |  |  |
| **Investment Type** | **Level 1** | **Level 2** | **Level 3** |
| **Assets** |  |  |  |
|  Common Stock and/or Other Equity Investments<sup>(a)</sup>  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; North America | $3489872606 | $— | $2520 |
|  Securities Lending Reinvestment Vehicle | 898620 |  |  |
|  Investment Company | 10622241 |  |  |
| **Total** | $3501393467 | $— | $2520 |

---

------

GOLDMAN SACHS TAX-ADVANTAGED EQUITY FUNDS II

*March 31, 2026 (Unaudited)* 

**NOTES TO THE SCHEDULE OF INVESTMENTS (continued)** 

---

| | | | |
|:---|:---|:---|:---|
| **U.S. EQUITY DIVIDEND AND PREMIUM FUND (continued)**<br>**Derivative Type** | <br>**Level 1** | <br>**Level 2** | <br>**Level 3** |
| **Liabilities** |  |  |  |
|  Futures Contracts<sup>(b)</sup>  | $(899964) | $— | $— |
|  Written Option Contracts | (14182215) |  |  |
| **Total** | $(15082179) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |

---

(a) Amounts are disclosed by continent to highlight the impact of time zone differences between local market close and the calculation of NAV. Security valuations are based on the principal exchange or system on which they
are traded, which may differ from country of domicile. The Fund utilizes fair value model prices provided by an independent fair value service for international equities, resulting in a Level 2 classification.

(b) Amount shown represents unrealized gain (loss) at period end.

For further information regarding security characteristics, see the Schedules of Investments.

The Funds' risks include, but are not limited to, the following:

**Dividend-Paying Investments Risk** — A Fund's investments in dividend-paying securities could cause a Fund to underperform other funds. Securities that pay dividends, as a group, can fall out of favor with the market, causing such securities to underperform securities that do not pay dividends. Depending upon market conditions and political and legislative responses to such conditions, dividend-paying securities that meet a Fund's investment criteria may not be widely available and/or may be highly concentrated in only a few market sectors. In addition, issuers that have paid regular dividends or distributions to shareholders may not continue to do so at the same level or at all in the future. This may limit the ability of a Fund to produce current income.

**Foreign Risk** — Foreign securities may be subject to risk of loss because of more or less foreign government regulation; less public information; less stringent investor protections; less stringent accounting, corporate governance, financial reporting and disclosure standards; and less economic, political and social stability in the countries in which the Fund invests. The imposition of sanctions, exchange controls (including repatriation restrictions), confiscations, trade restrictions (including tariffs) and other government restrictions by the United States and other governments, or from problems in share registration, settlement or custody, may also result in losses. The type and severity of sanctions and other similar measures, including counter sanctions and other retaliatory actions, that may be imposed could vary broadly in scope, and their impact is impossible to predict. For example, the imposition of sanctions and other similar measures could, among other things, cause a decline in the value and/or liquidity of securities issued by the sanctioned country or companies located in or economically tied to the sanctioned country and increase market volatility and disruption in the sanctioned country and throughout the world. Sanctions and other similar measures could limit or prevent the Fund from buying and selling securities (in the sanctioned country and other markets), significantly delay or prevent the settlement of securities transactions, and significantly impact the Fund's liquidity and performance. Foreign risk also involves the risk of negative foreign currency rate fluctuations, which may cause the value of securities denominated in such foreign currency (or other instruments through which the Fund has exposure to foreign currencies) to decline in value. Currency exchange rates may fluctuate significantly over short periods of time.

**Investment Style Risk** — Different investment styles (e.g., "growth", "value" or "quantitative") tend to shift in and out of favor depending upon market and economic conditions and investor sentiment. The Funds may outperform or underperform other funds that invest in similar asset classes but employ different investment styles.

**Large Shareholder Transactions Risk** — A Fund may experience adverse effects when certain large shareholders, such as other funds, institutional investors (including those trading by use of non-discretionary mathematical formulas), financial intermediaries (who may make investment decisions on behalf of underlying clients and/or include a Fund in their investment model), individuals, accounts and Goldman Sachs affiliates, purchase or redeem large amounts of shares of a Fund. Such large shareholder redemptions, which may occur rapidly or unexpectedly, may cause a Fund to sell portfolio securities at times when it

------

GOLDMAN SACHS TAX-ADVANTAGED EQUITY FUNDS II

*March 31, 2026 (Unaudited)* 

**NOTES TO THE SCHEDULE OF INVESTMENTS (continued)** 

would not otherwise do so, which may negatively impact a Fund's NAV and liquidity. These transactions may also accelerate the realization of taxable income to shareholders if such sales of investments resulted in gains, and may also increase transaction costs. In addition, a large redemption could result in a Fund's current expenses being allocated over a smaller asset base, leading to an increase in a Fund's expense ratio. Similarly, large Fund share purchases may adversely affect a Fund's performance to the extent that the Fund is delayed in investing new cash or otherwise maintains a larger cash position than it ordinarily would.

**Management Risk** — A strategy used by the Investment Adviser may fail to produce the intended results.

**Market Risk** — The value of the securities in which the Fund invests may go up or down in response to the prospects of individual companies, particular sectors governments or countries and/or general economic conditions throughout the world due to increasingly interconnected global economies and financial markets. Events such as war, military conflict, geopolitical disputes, acts of terrorism, social or political unrest, natural disasters, recessions, inflation, rapid interest rate changes, supply chain disruptions, tariffs and other restrictions on trade, sanctions or the spread of infectious illness or other public health threats, or the threat or potential of one or more such events and developments, could also significantly impact a Fund and its investments.

**Option Writing Risk** — Writing (selling) options may limit the opportunity to profit from an increase or decrease in the market value of a reference security in exchange for up-front cash (the premium) at the time of selling the option. In a sharp rising or falling market, the Fund could significantly underperform the market or other portfolios without an option writing strategy. The Fund could also experience a sudden, significant permanent loss due to dramatic movements in the market value of reference security, which may far exceed the premiums received for writing the option. Such significant losses could cause significant deteriorations in the Fund's NAV. Furthermore, the premium received from the Fund's option writing strategies may not fully protect it against market movements because the Fund will continue to bear the risk of movements in the value of its portfolio investments.

**Stock Risk** — Stock prices have historically risen and fallen in periodic cycles. U.S. and foreign stock markets have experienced periods of substantial price volatility in the past and may do so again in the future.

**Tax-Managed Investment Risk** — Because the Investment Adviser balances investment considerations and tax considerations, the pre-tax performance of the Goldman Sachs Tax-Advantaged Global Equity Portfolio may be lower than the performance of similar funds that are not tax-managed. This is because the Investment Adviser may choose not to make certain investments that may result in taxable distributions to the Goldman Sachs Tax-Advantaged Global Equity Portfolio. Even though tax managed strategies are being used, they may not reduce the amount of taxable income and capital gains distributed by the Goldman Sachs Tax-Advantaged Global Equity Portfolio to shareholders.

## 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:** 312-655-4600

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

- **a. Name of Series:** Goldman Sachs U.S. Equity Dividend and Premium Fund

- **b. EDGAR series identifier (if any):** S000009324

- **c. LEI of Series:** 48HCXPWZHCWNN0K49O22

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

- **a. Date of fiscal year-end:** 2026-12-31

- **b. Date as of which information is reported:** 2026-03-31

**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:** $3509034286.88

**Total Liabilities:** $4863872.47

**Net Assets:** $3504170414.41

**Cash Not Reported:** $6338169.93

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000025507 | 1.49%                | -0.60%               | -4.14%               |
| Class ID C000025508 | 1.48%                | -0.59%               | -4.20%               |
| Class ID C000025509 | 1.43%                | -0.71%               | -4.24%               |
| Class ID C000091963 | 1.54%                | -0.65%               | -4.16%               |
| Class ID C000200306 | 1.54%                | -0.60%               | -4.20%               |
| Class ID C000201766 | 1.54%                | -0.65%               | -4.14%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $154646.86               | $50912036.14                               |
| Month 2  | $0.00                    | $-43920009.45                              |
| Month 3  | $-954836.44              | $-175882457.71                             |

**Designated Index Information**

- **Index Name:** S&P 500 Index

- **Index Identifier:** SAEQ500DWP

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| ADT Inc                                        | ADT Inc                                        | CUSIP: 00090Q103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     13611 | NS      | $89424.27     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| AT&T Inc                                       | AT&T Inc                                       | CUSIP: 00206R102<br>LEI: 549300Z40J86GGSTL398 | Long             | EC               | CORP              | US        |    664830 | NS      | $19273421.70  | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Abbott Laboratories                            | Abbott Laboratories                            | CUSIP: 002824100<br>LEI: HQD377W2YR662HK5JX27 | Long             | EC               | CORP              | US        |    177340 | NS      | $18207497.80  | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| AbbVie Inc                                     | AbbVie Inc                                     | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |    164588 | NS      | $35796244.12  | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Advanced Micro Devices Inc                     | Advanced Micro Devices Inc                     | CUSIP: 007903107<br>LEI: R2I72C950HOYXII45366 | Long             | EC               | CORP              | US        |    118075 | NS      | $24019997.25  | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Advanced Drainage Systems Inc                  | Advanced Drainage Systems Inc                  | CUSIP: 00790R104<br>LEI: 6QQTOZ5MF5DHM7K92I60 | Long             | EC               | CORP              | US        |      1800 | NS      | $246834.00    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Affirm Holdings Inc                            | Affirm Holdings Inc                            | CUSIP: 00827B106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     17776 | NS      | $814496.32    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc                                   | Alphabet Inc                                   | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |    117930 | NS      | $33829399.80  | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc                                   | Alphabet Inc                                   | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |    571132 | NS      | $164234717.92 | 4.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Altria Group Inc                               | Altria Group Inc                               | CUSIP: 02209S103<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | EC               | CORP              | US        |    408166 | NS      | $26934874.34  | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com Inc                                 | Amazon.com Inc                                 | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |    623006 | NS      | $129753459.62 | 3.70%             |  |  |  | No            |                  1 | On Loan: No      |
| American Express Co                            | American Express Co                            | CUSIP: 025816109<br>LEI: R4PP93JZOLY261QX3811 | Long             | EC               | CORP              | US        |     52000 | NS      | $15728960.00  | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| American Financial Group Inc/OH                | American Financial Group Inc/OH                | CUSIP: 025932104<br>LEI: 549300AFOM7IVKIU1G39 | Long             | EC               | CORP              | US        |     10300 | NS      | $1315413.00   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| American Homes 4 Rent                          | American Homes 4 Rent                          | CUSIP: 02665T306<br>LEI: 549300ZJUO7A58PNUW40 | Long             | EC               |  | US        |     35544 | NS      | $992388.48    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Amgen Inc                                      | Amgen Inc                                      | CUSIP: 031162100<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | EC               | CORP              | US        |     44297 | NS      | $15585899.45  | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Amphenol Corp                                  | Amphenol Corp                                  | CUSIP: 032095101<br>LEI: 549300D3L3G0R4U4VT04 | Long             | EC               | CORP              | US        |    238020 | NS      | $30073827.00  | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Analog Devices Inc                             | Analog Devices Inc                             | CUSIP: 032654105<br>LEI: GYVOE5EZ4GDAVTU4CQ61 | Long             | EC               | CORP              | US        |     55999 | NS      | $17815521.86  | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple Inc                                      | Apple Inc                                      | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |    950969 | NS      | $241346422.51 | 6.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Applied Materials Inc                          | Applied Materials Inc                          | CUSIP: 038222105<br>LEI: 41BNNE1AFPNAZELZ6K07 | Long             | EC               | CORP              | US        |     55500 | NS      | $18969345.00  | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| AppLovin Corp                                  | AppLovin Corp                                  | CUSIP: 03831W108<br>LEI: 549300LLVXMUAOL3SQ07 | Long             | EC               | CORP              | US        |     22800 | NS      | $9074400.00   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Aramark                                        | Aramark                                        | CUSIP: 03852U106<br>LEI: 549300MR6PG2DWZUIL39 | Long             | EC               | CORP              | US        |     32250 | NS      | $1307415.00   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Ares Management Corp                           | Ares Management Corp                           | CUSIP: 03990B101<br>LEI: 529900JUV61FH7B8VW38 | Long             | EC               | CORP              | US        |    118824 | NS      | $12963698.40  | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Atlassian Corp                                 | Atlassian Corp                                 | CUSIP: 049468101<br>LEI: 549300V7ZY5P02D2MY38 | Long             | EC               | CORP              | US        |      3245 | NS      | $221471.25    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Automatic Data Processing Inc                  | Automatic Data Processing Inc                  | CUSIP: 053015103<br>LEI: HGBOLILQXWER4SAL2I23 | Long             | EC               | CORP              | US        |     61337 | NS      | $12462451.66  | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Avis Budget Group Inc                          | Avis Budget Group Inc                          | CUSIP: 053774105<br>LEI: 529900E95812SYWMCE44 | Long             | EC               | CORP              | US        |       100 | NS      | $14585.00     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Avnet Inc                                      | Avnet Inc                                      | CUSIP: 053807103<br>LEI: XJI53DCPL7QABOWK4Z75 | Long             | EC               | CORP              | US        |     69300 | NS      | $4270266.00   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of America Corp                           | Bank of America Corp                           | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |    259350 | NS      | $12643312.50  | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Berkshire Hathaway Inc                         | Berkshire Hathaway Inc                         | CUSIP: 084670702<br>LEI: 5493000C01ZX7D35SD85 | Long             | EC               | CORP              | US        |     67552 | NS      | $32370918.40  | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Best Buy Co Inc                                | Best Buy Co Inc                                | CUSIP: 086516101<br>LEI: HL5XPTVRV0O8TUN5LL90 | Long             | EC               | CORP              | US        |    216200 | NS      | $13880040.00  | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Blackstone Inc                                 | Blackstone Inc                                 | CUSIP: 09260D107<br>LEI: 5299004LW4QWGZUB8Y96 | Long             | EC               | CORP              | US        |    193004 | NS      | $22193529.96  | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Blackrock Inc                                  | Blackrock Inc                                  | CUSIP: 09290D101<br>LEI: 529900VBK42Y5HHRMD23 | Long             | EC               | CORP              | US        |     13300 | NS      | $12790743.00  | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| H&R Block Inc                                  | H&R Block Inc                                  | CUSIP: 093671105<br>LEI: 549300CE3KUCWLZBG404 | Long             | EC               | CORP              | US        |     24800 | NS      | $787152.00    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Blue Owl Capital Inc                           | Blue Owl Capital Inc                           | CUSIP: 09581B103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     83600 | NS      | $763268.00    | 0.02%             |  |  |  | No            |                  1 | On Loan: —       |
| Booking Holdings Inc                           | Booking Holdings Inc                           | CUSIP: 09857L108<br>LEI: FXM8FAOHMYDIPD38UZ17 | Long             | EC               | CORP              | US        |      2978 | NS      | $12538332.96  | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Booz Allen Hamilton Holding Corp               | Booz Allen Hamilton Holding Corp               | CUSIP: 099502106<br>LEI: 529900JPV47PIUWMA015 | Long             | EC               | CORP              | US        |     20933 | NS      | $1633401.99   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Bristol-Myers Squibb Co                        | Bristol-Myers Squibb Co                        | CUSIP: 110122108<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | EC               | CORP              | US        |    260747 | NS      | $15814305.55  | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Brixmor Property Group Inc                     | Brixmor Property Group Inc                     | CUSIP: 11120U105<br>LEI: 5299007UXW6Y0W2EGZ95 | Long             | EC               |  | US        |     14300 | NS      | $411840.00    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom Inc                                   | Broadcom Inc                                   | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |    308172 | NS      | $95382315.72  | 2.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Bruker Corp                                    | Bruker Corp                                    | CUSIP: 116794108<br>LEI: LEBZ6VLQ6I8XB1NHVY15 | Long             | EC               | CORP              | US        |      8900 | NS      | $321468.00    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Brunswick Corp/DE                              | Brunswick Corp/DE                              | CUSIP: 117043109<br>LEI: YM4O38W15AX4YLLQKU27 | Long             | EC               | CORP              | US        |      9300 | NS      | $676668.00    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| CNA Financial Corp                             | CNA Financial Corp                             | CUSIP: 126117100<br>LEI: 549300YX2GSZD7YG1R84 | Long             | EC               | CORP              | US        |     32300 | NS      | $1483216.00   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| CVS Health Corp                                | CVS Health Corp                                | CUSIP: 126650100<br>LEI: 549300EJG376EN5NQE29 | Long             | EC               | CORP              | US        |    255635 | NS      | $18359705.70  | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Carlyle Group Inc/The                          | Carlyle Group Inc/The                          | CUSIP: 14316J108<br>LEI: 529900NGGVF94UK6PG95 | Long             | EC               | CORP              | US        |     23400 | NS      | $1132326.00   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Caterpillar Inc                                | Caterpillar Inc                                | CUSIP: 149123101<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | EC               | CORP              | US        |     53040 | NS      | $37576718.40  | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Chevron Corp                                   | Chevron Corp                                   | CUSIP: 166764100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    222540 | NS      | $46043526.00  | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Cisco Systems Inc                              | Cisco Systems Inc                              | CUSIP: 17275R102<br>LEI: 549300LKFJ962MZ46593 | Long             | EC               | CORP              | US        |    468974 | NS      | $36387692.66  | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Cloudflare Inc                                 | Cloudflare Inc                                 | CUSIP: 18915M107<br>LEI: 5493007DY18BGNLDWU14 | Long             | EC               | CORP              | US        |     11128 | NS      | $2296151.52   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Coca-Cola Co/The                               | Coca-Cola Co/The                               | CUSIP: 191216100<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | EC               | CORP              | US        |    342149 | NS      | $26020431.45  | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Comcast Corp                                   | Comcast Corp                                   | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               | CORP              | US        |    246400 | NS      | $7074144.00   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Corebridge Financial Inc                       | Corebridge Financial Inc                       | CUSIP: 21871X109<br>LEI: 549300XY1661QCIA7J65 | Long             | EC               | CORP              | US        |    110700 | NS      | $2641302.00   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Costco Wholesale Corp                          | Costco Wholesale Corp                          | CUSIP: 22160K105<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | EC               | CORP              | US        |     16245 | NS      | $16187005.35  | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Crowdstrike Holdings Inc                       | Crowdstrike Holdings Inc                       | CUSIP: 22788C105<br>LEI: 549300YBY08K9KM4HX32 | Long             | EC               | CORP              | US        |     29760 | NS      | $11618601.60  | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| CubeSmart                                      | CubeSmart                                      | CUSIP: 229663109<br>LEI: N/A                  | Long             | EC               |  | US        |     17100 | NS      | $626715.00    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| DT Midstream Inc                               | DT Midstream Inc                               | CUSIP: 23345M107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5200 | NS      | $700284.00    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Darden Restaurants Inc                         | Darden Restaurants Inc                         | CUSIP: 237194105<br>LEI: CY1NFSCCB5GUXC7WZC70 | Long             | EC               | CORP              | US        |     72561 | NS      | $14224858.44  | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Dick's Sporting Goods Inc                      | Dick's Sporting Goods Inc                      | CUSIP: 253393102<br>LEI: 529900SSBV5I4LWSK313 | Long             | EC               | CORP              | US        |     18100 | NS      | $3589049.00   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Dominion Energy Inc                            | Dominion Energy Inc                            | CUSIP: 25746U109<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | EC               | CORP              | US        |    387652 | NS      | $23964646.64  | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| DraftKings Inc                                 | DraftKings Inc                                 | CUSIP: 26142V105<br>LEI: 2549006G33IUL6IVOD83 | Long             | EC               | CORP              | US        |     18300 | NS      | $395646.00    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Duke Energy Corp                               | Duke Energy Corp                               | CUSIP: 26441C204<br>LEI: I1BZKREC126H0VB1BL91 | Long             | EC               | CORP              | US        |    210038 | NS      | $27502375.72  | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Equinix Inc                                    | Equinix Inc                                    | CUSIP: 29444U700<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | EC               |  | US        |     11891 | NS      | $11656033.84  | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Equitable Holdings Inc                         | Equitable Holdings Inc                         | CUSIP: 29452E101<br>LEI: 549300FIBAKMNHPZ4009 | Long             | EC               | CORP              | US        |    137600 | NS      | $5106336.00   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Evercore Inc                                   | Evercore Inc                                   | CUSIP: 29977A105<br>LEI: 529900P6KLPT95DW3W58 | Long             | EC               | CORP              | US        |      4700 | NS      | $1402997.00   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Eversource Energy                              | Eversource Energy                              | CUSIP: 30040W108<br>LEI: SJ7XXD41SQU3ZNWUJ746 | Long             | EC               | CORP              | US        |    371490 | NS      | $25736827.20  | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Everus Construction Group Inc                  | Everus Construction Group Inc                  | CUSIP: 300426103<br>LEI: 2549006JMMHR0KILT425 | Long             | EC               | CORP              | US        |     12625 | NS      | $1490507.50   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Exxon Mobil Corp                               | Exxon Mobil Corp                               | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |    385831 | NS      | $65460087.46  | 1.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms Inc                             | Meta Platforms Inc                             | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |    138739 | NS      | $79376744.07  | 2.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity National Financial Inc                | Fidelity National Financial Inc                | CUSIP: 31620R303<br>LEI: 549300CAZYIH39SYQ287 | Long             | EC               | CORP              | US        |    118282 | NS      | $5485919.16   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| First American Financial Corp                  | First American Financial Corp                  | CUSIP: 31847R102<br>LEI: 549300B6VEZK3N0A1P55 | Long             | EC               | CORP              | US        |     42600 | NS      | $2568354.00   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| First Industrial Realty Trust Inc              | First Industrial Realty Trust Inc              | CUSIP: 32054K103<br>LEI: N/A                  | Long             | EC               |  | US        |      9200 | NS      | $532220.00    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| FirstEnergy Corp                               | FirstEnergy Corp                               | CUSIP: 337932107<br>LEI: 549300SVYJS666PQJH88 | Long             | EC               | CORP              | US        |    460785 | NS      | $23343368.10  | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Flowserve Corp                                 | Flowserve Corp                                 | CUSIP: 34354P105<br>LEI: 6Y0GK87T6V7NJKZJVM41 | Long             | EC               | CORP              | US        |      7000 | NS      | $514570.00    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Franklin Resources Inc                         | Franklin Resources Inc                         | CUSIP: 354613101<br>LEI: RIFQSET379FOGTEFKS80 | Long             | EC               | CORP              | US        |    823200 | NS      | $19443984.00  | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Gaming and Leisure Properties Inc              | Gaming and Leisure Properties Inc              | CUSIP: 36467J108<br>LEI: 5493006GWRDBCZYWTM57 | Long             | EC               |  | US        |     20849 | NS      | $925070.13    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Gap Inc/The                                    | Gap Inc/The                                    | CUSIP: 364760108<br>LEI: T2ZG1WRWZ4BUCMQL9224 | Long             | EC               | CORP              | US        |     13400 | NS      | $324280.00    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| GE Vernova Inc                                 | GE Vernova Inc                                 | CUSIP: 36828A101<br>LEI: 254900DP080RU6OK2553 | Long             | EC               | CORP              | US        |     25200 | NS      | $21997080.00  | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| General Electric Co                            | General Electric Co                            | CUSIP: 369604301<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | EC               | CORP              | US        |     78300 | NS      | $22219191.00  | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Gilead Sciences Inc                            | Gilead Sciences Inc                            | CUSIP: 375558103<br>LEI: 549300WTZWR07K8MNV44 | Long             | EC               | CORP              | US        |    126600 | NS      | $17644242.00  | 0.50%             |  |  |  | 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        |  10545973 | NS      | $10545973.43  | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Hanover Insurance Group Inc/The                | Hanover Insurance Group Inc/The                | CUSIP: 410867105<br>LEI: JJYR6MFKFF6CF8DBZ078 | Long             | EC               | CORP              | US        |      3300 | NS      | $572055.00    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Healthcare Realty Trust Inc                    | Healthcare Realty Trust Inc                    | CUSIP: 42226K105<br>LEI: 549300L0I14L7I0VLX84 | Long             | EC               |  | US        |      6800 | NS      | $115532.00    | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Home Depot Inc/The                             | Home Depot Inc/The                             | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |     97997 | NS      | $32230233.33  | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Honeywell International Inc                    | Honeywell International Inc                    | CUSIP: 438516106<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | EC               | CORP              | US        |     85000 | NS      | $19212550.00  | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| HubSpot Inc                                    | HubSpot Inc                                    | CUSIP: 443573100<br>LEI: 529900BLNVEW0MVKJB37 | Long             | EC               | CORP              | US        |      4929 | NS      | $1203168.90   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Intel Corp                                     | Intel Corp                                     | CUSIP: 458140100<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | EC               | CORP              | US        |    332040 | NS      | $14652925.20  | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| International Business Machines Corp           | International Business Machines Corp           | CUSIP: 459200101<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | EC               | CORP              | US        |     89635 | NS      | $21726627.65  | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| International Paper Co                         | International Paper Co                         | CUSIP: 460146103<br>LEI: 824LMFJDH41EY779Q875 | Long             | EC               | CORP              | US        |    497976 | NS      | $17777743.20  | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuit Inc                                     | Intuit Inc                                     | CUSIP: 461202103<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | EC               | CORP              | US        |     23676 | NS      | $10237028.88  | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuitive Surgical Inc                         | Intuitive Surgical Inc                         | CUSIP: 46120E602<br>LEI: 54930052SRG011710797 | Long             | EC               | CORP              | US        |     30086 | NS      | $13869345.14  | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase & Co                            | JPMorgan Chase & Co                            | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |    171687 | NS      | $50503447.92  | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Jefferies Financial Group Inc                  | Jefferies Financial Group Inc                  | CUSIP: 47233W109<br>LEI: 549300HOF34RGOJ5YL07 | Long             | EC               | CORP              | US        |     44700 | NS      | $1844769.00   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson & Johnson                              | Johnson & Johnson                              | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |    187033 | NS      | $45718346.52  | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Kenvue Inc                                     | Kenvue Inc                                     | CUSIP: 49177J102<br>LEI: 5493008HSF8L4M2LIJ82 | Long             | EC               | CORP              | US        |    652667 | NS      | $11251979.08  | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| KeyCorp                                        | KeyCorp                                        | CUSIP: 493267108<br>LEI: RKPI3RZGV1V1FJTH5T61 | Long             | EC               | CORP              | US        |   1092000 | NS      | $21894600.00  | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Kimberly-Clark Corp                            | Kimberly-Clark Corp                            | CUSIP: 494368103<br>LEI: MP3J6QPYPGN75NVW2S34 | Long             | EC               | CORP              | US        |    120610 | NS      | $11635246.70  | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Kinder Morgan Inc                              | Kinder Morgan Inc                              | CUSIP: 49456B101<br>LEI: 549300WR7IX8XE0TBO16 | Long             | EC               | CORP              | US        |    664351 | NS      | $22275689.03  | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Kraft Heinz Co/The                             | Kraft Heinz Co/The                             | CUSIP: 500754106<br>LEI: 9845007488EC87F5AF14 | Long             | EC               | CORP              | US        |   1135881 | NS      | $25545963.69  | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Lam Research Corp                              | Lam Research Corp                              | CUSIP: 512807306<br>LEI: 549300I4GMO6D34U1T02 | Long             | EC               | CORP              | US        |    159095 | NS      | $33992237.70  | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Eli Lilly & Co                                 | Eli Lilly & Co                                 | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |     49655 | NS      | $45671179.35  | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Lincoln Electric Holdings Inc                  | Lincoln Electric Holdings Inc                  | CUSIP: 533900106<br>LEI: BIMGBY40SIN95O01BN93 | Long             | EC               | CORP              | US        |      1600 | NS      | $398528.00    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| MDU Resources Group Inc                        | MDU Resources Group Inc                        | CUSIP: 552690109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     50500 | NS      | $1046360.00   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| MSA Safety Inc                                 | MSA Safety Inc                                 | CUSIP: 553498106<br>LEI: 529900DVA3258XK11O39 | Long             | EC               | CORP              | US        |       600 | NS      | $98370.00     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| MSC Industrial Direct Co Inc                   | MSC Industrial Direct Co Inc                   | CUSIP: 553530106<br>LEI: 0XVKH0LN6YGOWO2EGO17 | Long             | EC               | CORP              | US        |     78500 | NS      | $7243195.00   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| ManpowerGroup Inc                              | ManpowerGroup Inc                              | CUSIP: 56418H100<br>LEI: ERO1WSFOSR0JJ6CRQ987 | Long             | EC               | CORP              | US        |     22600 | NS      | $665796.00    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Marvell Technology Inc                         | Marvell Technology Inc                         | CUSIP: 573874104<br>LEI: 254900WVU0BM7ZCJ9E93 | Long             | EC               | CORP              | US        |      1759 | NS      | $174228.95    | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Mastercard Inc                                 | Mastercard Inc                                 | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |     43518 | NS      | $21744203.88  | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| McDonald's Corp                                | McDonald's Corp                                | CUSIP: 580135101<br>LEI: UE2136O97NLB5BYP9H04 | Long             | EC               | CORP              | US        |     81400 | NS      | $25298306.00  | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Merck & Co Inc                                 | Merck & Co Inc                                 | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |    124520 | NS      | $14978510.80  | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp                                 | Microsoft Corp                                 | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |    468803 | NS      | $173536806.51 | 4.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Micron Technology Inc                          | Micron Technology Inc                          | CUSIP: 595112103<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | EC               | CORP              | US        |     97795 | NS      | $33039062.80  | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| CONTRA MIRATI THERAPEU                         | CONTRA MIRATI THERAPEU                         | CUSIP: 604CVR027<br>LEI: 529900GYRW59IDQV6N54 | N/A              | DE               |  | US        |      3600 | NS      | $2520.00      | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Morgan Stanley                                 | Morgan Stanley                                 | CUSIP: 617446448<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EC               | CORP              | US        |    153027 | NS      | $25183653.39  | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| NNN REIT Inc                                   | NNN REIT Inc                                   | CUSIP: 637417106<br>LEI: 5493008JKH5SOTI0JS97 | Long             | EC               |  | US        |      8300 | NS      | $348849.00    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Netflix Inc                                    | Netflix Inc                                    | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |    283590 | NS      | $27267178.50  | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA Corp                                    | NVIDIA Corp                                    | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |   1515823 | NS      | $264359531.20 | 7.54%             |  |  |  | No            |                  1 | On Loan: No      |
| OGE Energy Corp                                | OGE Energy Corp                                | CUSIP: 670837103<br>LEI: CE5OG6JPOZMDSA0LAQ19 | Long             | EC               | CORP              | US        |    193000 | NS      | $9256280.00   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Okta Inc                                       | Okta Inc                                       | CUSIP: 679295105<br>LEI: 549300N8J06I8MRHU620 | Long             | EC               | CORP              | US        |         1 | NS      | $78.71        | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Old Republic International Corp                | Old Republic International Corp                | CUSIP: 680223104<br>LEI: 549300IV6O2YY2A1KH37 | Long             | EC               | CORP              | US        |    381341 | NS      | $15215505.90  | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Omega Healthcare Investors Inc                 | Omega Healthcare Investors Inc                 | CUSIP: 681936100<br>LEI: 549300OJ7ENK42CZ8E73 | Long             | EC               |  | US        |         5 | NS      | $219.10       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| ONEOK Inc                                      | ONEOK Inc                                      | CUSIP: 682680103<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | EC               | CORP              | US        |    240900 | NS      | $21774951.00  | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| OneMain Holdings Inc                           | OneMain Holdings Inc                           | CUSIP: 68268W103<br>LEI: 549300E3VEW8SMS5XW09 | Long             | EC               | CORP              | US        |      5600 | NS      | $299544.00    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Oracle Corp                                    | Oracle Corp                                    | CUSIP: 68389X105<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | EC               | CORP              | US        |    124098 | NS      | $18256056.78  | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| PNC Financial Services Group Inc/The           | PNC Financial Services Group Inc/The           | CUSIP: 693475105<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | EC               | CORP              | US        |     87800 | NS      | $18270302.00  | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Palantir Technologies Inc                      | Palantir Technologies Inc                      | CUSIP: 69608A108<br>LEI: 549300UVN46B3BBDHO85 | Long             | EC               | CORP              | US        |    174335 | NS      | $25501723.80  | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Paychex Inc                                    | Paychex Inc                                    | CUSIP: 704326107<br>LEI: 529900K900DW6SUBM174 | Long             | EC               | CORP              | US        |    225000 | NS      | $20727000.00  | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Penske Automotive Group Inc                    | Penske Automotive Group Inc                    | CUSIP: 70959W103<br>LEI: 549300W7UTQ0M4C7LB15 | Long             | EC               | CORP              | US        |      9000 | NS      | $1345680.00   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Penumbra Inc                                   | Penumbra Inc                                   | CUSIP: 70975L107<br>LEI: 549300RGE06P3ECANU72 | Long             | EC               | CORP              | US        |      3741 | NS      | $1228432.17   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| PepsiCo Inc                                    | PepsiCo Inc                                    | CUSIP: 713448108<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | EC               | CORP              | US        |    127805 | NS      | $19846838.45  | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Pfizer Inc                                     | Pfizer Inc                                     | CUSIP: 717081103<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | EC               | CORP              | US        |   1129758 | NS      | $31723604.64  | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| T Rowe Price Group Inc                         | T Rowe Price Group Inc                         | CUSIP: 74144T108<br>LEI: 549300SIV6FPS9Y7IH33 | Long             | EC               | CORP              | US        |    166259 | NS      | $14986586.26  | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Procter & Gamble Co/The                        | Procter & Gamble Co/The                        | CUSIP: 742718109<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | EC               | CORP              | US        |    127299 | NS      | $18387067.56  | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Prologis Inc                                   | Prologis Inc                                   | CUSIP: 74340W103<br>LEI: 529900DFH19P073LZ636 | Long             | EC               |  | US        |    107160 | NS      | $14164408.80  | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Prudential Financial Inc                       | Prudential Financial Inc                       | CUSIP: 744320102<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | EC               | CORP              | US        |    296338 | NS      | $28949259.22  | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| QUALCOMM Inc                                   | QUALCOMM Inc                                   | CUSIP: 747525103<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | EC               | CORP              | US        |     49647 | NS      | $6393540.66   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| RTX Corp                                       | RTX Corp                                       | CUSIP: 75513E101<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | EC               | CORP              | US        |    124677 | NS      | $24050193.30  | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Repligen Corp                                  | Repligen Corp                                  | CUSIP: 759916109<br>LEI: 54930006QJ0T5AUO1E71 | Long             | EC               | CORP              | US        |     11505 | NS      | $1355519.10   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Rexford Industrial Realty Inc                  | Rexford Industrial Realty Inc                  | CUSIP: 76169C100<br>LEI: 549300MSLO0DF0EMX355 | Long             | EC               |  | US        |        23 | NS      | $752.79       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Reynolds Consumer Products Inc                 | Reynolds Consumer Products Inc                 | CUSIP: 76171L106<br>LEI: 894500ZQLNYY77S80A06 | Long             | EC               | CORP              | US        |     26100 | NS      | $552798.00    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| ROBLOX Corp                                    | ROBLOX Corp                                    | CUSIP: 771049103<br>LEI: 529900ANZDBDFU91SO19 | Long             | EC               | CORP              | US        |     10758 | NS      | $608472.48    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Roku Inc                                       | Roku Inc                                       | CUSIP: 77543R102<br>LEI: 549300KR6ITU0YIR1T71 | Long             | EC               | CORP              | US        |      3980 | NS      | $376587.60    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Ryder System Inc                               | Ryder System Inc                               | CUSIP: 783549108<br>LEI: ZXJ6Y2OSPZXIVGRILD15 | Long             | EC               | CORP              | US        |     16500 | NS      | $3377715.00   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| SLM Corp                                       | SLM Corp                                       | CUSIP: 78442P106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     17600 | NS      | $376816.00    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Salesforce Inc                                 | Salesforce Inc                                 | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |     64440 | NS      | $12029014.80  | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| ServiceNow Inc                                 | ServiceNow Inc                                 | CUSIP: 81762P102<br>LEI: 549300HJTQM36M0E1G39 | Long             | EC               | CORP              | US        |     92950 | NS      | $9717922.50   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Shift4 Payments Inc                            | Shift4 Payments Inc                            | CUSIP: 82452J109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3800 | NS      | $166174.00    | 0.00%             |  |  |  | No            |                  1 | On Loan: —       |
| SoFi Technologies Inc                          | SoFi Technologies Inc                          | CUSIP: 83406F102<br>LEI: 549300SW81JCMVZDDY09 | Long             | EC               | CORP              | US        |     18700 | NS      | $296956.00    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Solstice Advanced Materials Inc                | Solstice Advanced Materials Inc                | CUSIP: 83443Q103<br>LEI: 2138004GZ4H9TW6HK435 | Long             | EC               | CORP              | US        |     21250 | NS      | $1618400.00   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Sonoco Products Co                             | Sonoco Products Co                             | CUSIP: 835495102<br>LEI: GKOMIK4RDJGHEF0VNP11 | Long             | EC               | CORP              | US        |     44400 | NS      | $2401596.00   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Stanley Black & Decker Inc                     | Stanley Black & Decker Inc                     | CUSIP: 854502101<br>LEI: 549300DJ09SMTO561131 | Long             | EC               | CORP              | US        |    189480 | NS      | $13464448.80  | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Starbucks Corp                                 | Starbucks Corp                                 | CUSIP: 855244109<br>LEI: OQSJ1DU9TAOC51A47K68 | Long             | EC               | CORP              | US        |    165706 | NS      | $14845600.54  | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Stryker Corp                                   | Stryker Corp                                   | CUSIP: 863667101<br>LEI: 5493002F0SC4JTBU5137 | Long             | EC               | CORP              | US        |     34640 | NS      | $11382357.60  | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Sun Communities Inc                            | Sun Communities Inc                            | CUSIP: 866674104<br>LEI: 549300H5GEOJYN41ZG57 | Long             | EC               |  | US        |      1193 | NS      | $150270.28    | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| TJX Cos Inc/The                                | TJX Cos Inc/The                                | CUSIP: 872540109<br>LEI: V167QI9I69W364E2DY52 | Long             | EC               | CORP              | US        |    160040 | NS      | $25558388.00  | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Target Corp                                    | Target Corp                                    | CUSIP: 87612E106<br>LEI: 8WDDFXB5T1Z6J0XC1L66 | Long             | EC               | CORP              | US        |     94999 | NS      | $11513878.80  | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Somnigroup International Inc                   | Somnigroup International Inc                   | CUSIP: 88023U101<br>LEI: 549300HFEKVR3US71V91 | Long             | EC               | CORP              | US        |     12600 | NS      | $931392.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Tesla Inc                                      | Tesla Inc                                      | CUSIP: 88160R101<br>LEI: 54930043XZGB27CTOV49 | Long             | EC               | CORP              | US        |    187246 | NS      | $69608700.50  | 1.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Instruments Inc                          | Texas Instruments Inc                          | CUSIP: 882508104<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | EC               | CORP              | US        |     93291 | NS      | $18111514.74  | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| TopBuild Corp                                  | TopBuild Corp                                  | CUSIP: 89055F103<br>LEI: 5493007YSKHOL4RWII46 | Long             | EC               | CORP              | US        |       200 | NS      | $70260.00     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| TransDigm Group Inc                            | TransDigm Group Inc                            | CUSIP: 893641100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     24405 | NS      | $28284418.80  | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Travel + Leisure Co                            | Travel + Leisure Co                            | CUSIP: 894164102<br>LEI: T4VNTWMFQ7JQB65L7T35 | Long             | EC               | CORP              | US        |      8000 | NS      | $553520.00    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| US Bancorp                                     | US Bancorp                                     | CUSIP: 902973304<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | EC               | CORP              | US        |    369626 | NS      | $19224248.26  | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Goldman Sachs Financial Square Government Fund | Goldman Sachs Financial Square Government Fund | CUSIP: 38141W273<br>LEI: 549300BRJMXN4GUWZ402 | Long             | STIV             | RF                | US        |    898620 | NS      | $898620.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Union Pacific Corp                             | Union Pacific Corp                             | CUSIP: 907818108<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | EC               | CORP              | US        |     70280 | NS      | $17051333.60  | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| United Parcel Service Inc                      | United Parcel Service Inc                      | CUSIP: 911312106<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | EC               | CORP              | US        |    275336 | NS      | $27087555.68  | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| UnitedHealth Group Inc                         | UnitedHealth Group Inc                         | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |     77409 | NS      | $20946101.31  | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Unity Software Inc                             | Unity Software Inc                             | CUSIP: 91332U101<br>LEI: 549300D1ESJMGNQNG432 | Long             | EC               | CORP              | US        |     21755 | NS      | $477304.70    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Valmont Industries Inc                         | Valmont Industries Inc                         | CUSIP: 920253101<br>LEI: 5493009ZGZJJ8F77JN08 | Long             | EC               | CORP              | US        |      1200 | NS      | $479484.00    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Verizon Communications Inc                     | Verizon Communications Inc                     | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | EC               | CORP              | US        |    792618 | NS      | $39789423.60  | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Visa Inc                                       | Visa Inc                                       | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |     96439 | NS      | $29147723.36  | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| WP Carey Inc                                   | WP Carey Inc                                   | CUSIP: 92936U109<br>LEI: 54930042CRNE713E3Q67 | Long             | EC               |  | US        |      7100 | NS      | $482516.00    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Walmart Inc                                    | Walmart Inc                                    | CUSIP: 931142103<br>LEI: Y87794H0US1R65VBXU25 | Long             | EC               | CORP              | US        |    268980 | NS      | $33428834.40  | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Watsco Inc                                     | Watsco Inc                                     | CUSIP: 942622200<br>LEI: 549300F1Y3LN5BX5WN75 | Long             | EC               | CORP              | US        |     10499 | NS      | $3819431.21   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Wayfair Inc                                    | Wayfair Inc                                    | CUSIP: 94419L101<br>LEI: 54930027N9ZAVYFDHK53 | Long             | EC               | CORP              | US        |      1400 | NS      | $105294.00    | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Wells Fargo & Co                               | Wells Fargo & Co                               | CUSIP: 949746101<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EC               | CORP              | US        |    212160 | NS      | $16890057.60  | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Welltower Inc                                  | Welltower Inc                                  | CUSIP: 95040Q104<br>LEI: 254900F33BIAR82QTA19 | Long             | EC               |  | US        |    168512 | NS      | $33316507.52  | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Western Union Co/The                           | Western Union Co/The                           | CUSIP: 959802109<br>LEI: 28ID94QU1140NC23S047 | Long             | EC               | CORP              | US        |    426993 | NS      | $3727648.89   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Zscaler Inc                                    | Zscaler Inc                                    | CUSIP: 98980G102<br>LEI: 529900MZ0RTK1BWRNF46 | Long             | EC               | CORP              | US        |      6989 | NS      | $980486.81    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Mercantile Exchange                    | S+P500 EMINI FUT JUN26                         | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DE               |  | US        |        89 | NC      | $-899963.55   | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                         | S+P 500 INDEX                                  | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |      -711 | NC      | $-207967.50   | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                         | S+P 500 INDEX                                  | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |      -723 | NC      | $-2288295.00  | -0.07%            |  |  |  | No            |                  1 | On Loan: No      |
| Amcor PLC                                      | Amcor PLC                                      | CUSIP: 000000000<br>LEI: 549300GSODGFCDQ3DI89 | Long             | EC               | CORP              | JE        |    423719 | NS      | $16842830.25  | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Amdocs Ltd                                     | Amdocs Ltd                                     | CUSIP: 000000000<br>LEI: 549300HQV672RJ7RQV66 | Long             | EC               | CORP              | GG        |     13500 | NS      | $881010.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Axis Capital Holdings Ltd                      | Axis Capital Holdings Ltd                      | CUSIP: 000000000<br>LEI: 635400VD2NQBYAHMEM55 | Long             | EC               | CORP              | BM        |      8800 | NS      | $892408.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Accenture PLC                                  | Accenture PLC                                  | CUSIP: 000000000<br>LEI: 5493000EWHDSR3MZWH98 | Long             | EC               | CORP              | IE        |     57439 | NS      | $11389579.31  | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Eaton Corp PLC                                 | Eaton Corp PLC                                 | CUSIP: 000000000<br>LEI: 549300VDIGTMXUNT7H71 | Long             | EC               | CORP              | IE        |     68111 | NS      | $24361261.37  | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Janus Henderson Group PLC                      | Janus Henderson Group PLC                      | CUSIP: 000000000<br>LEI: 2138009WPYMWJN3RVF44 | Long             | EC               | CORP              | JE        |     91100 | NS      | $4679807.00   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Medtronic PLC                                  | Medtronic PLC                                  | CUSIP: 000000000<br>LEI: 549300GX3ZBSQWUXY261 | Long             | EC               | CORP              | IE        |    323253 | NS      | $28009872.45  | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Elastic NV                                     | Elastic NV                                     | CUSIP: 000000000<br>LEI: 2549003I48WHHH937I59 | Long             | EC               | CORP              | NL        |      4320 | NS      | $215956.80    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-05-04

**Name of Applicant:** GOLDMAN SACHS TRUST

**Signature:** Allison Fracchiolla

**Name of Signer:** Allison Fracchiolla

**Title:** Vice President