# EDGAR Filing Document

**Accession Number:** 0000822977
**File Stem:** 0001752724-23-043637
**Filing Date:** 2023-2
**Character Count:** 28920
**Document Hash:** 58d469917eaac1d1236291f7f86671cc
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-043637.hdr.sgml**: 20230227

**ACCESSION NUMBER**: 0001752724-23-043637

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230227

**DATE AS OF CHANGE**: 20230227

**PERIOD START**: 20221231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** GOLDMAN SACHS TRUST
- **CENTRAL INDEX KEY:** 0000822977
- **IRS NUMBER:** 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:** 23675966

**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 Commodity Strategy Fund (Series ID: S000015787)

| Class ID   | Class Name           | Ticker Symbol   |
|:---|:---|:---|
| C000043358 | Class A Shares       | GSCAX           |
| C000043359 | Class C Shares       | GSCCX           |
| C000043360 | Institutional Shares | GCCIX           |
| C000058992 | Class R              | GCCRX           |
| C000058993 | Investor Shares      | GCCTX           |
| C000161523 | Class R6 Shares      | GCCUX           |
| C000201770 | Class P Shares       | GGRPX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

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

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

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

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

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

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

  - **City:** CHICAGO

  - **State:** IL

  - **Foreign country:** US

  - **Zip / Postal Code:** 60606

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

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

- **a. Name of Series:** Goldman Sachs Commodity Strategy Fund

- **b. EDGAR series identifier (if any):** S000015787

- **c. LEI of Series:** KSLHF8U0UKNUMV03EB51

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

- **a. Date of fiscal year-end:** 2022-12-31

- **b. Date as of which information is reported:** 2022-12-31

**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:** $955982303.76

**Total Liabilities:** $962698.25

**Net Assets:** $955019605.51

**Amount of Assets Invested in Other Investment Companies:** $211187319.59

**Cash Not Reported:** $35876371.07

**Currency Risk Metrics (dv01):**

- 

**Credit Spread Risk - Investment Grade (dv01):**

- **3-Month:** 0.00000000 | **1-Year:** 0.00000000 | **5-Year:** 0.00000000 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

**Credit Spread Risk - Non-Investment Grade (dv01):**

- **3-Month:** 0.00000000 | **1-Year:** 0.00000000 | **5-Year:** 0.00000000 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000161523 | 1.07%                | 3.70%                | -3.60%               |
| Class ID C000201770 | 1.16%                | 3.84%                | -3.52%               |
| Class ID C000043360 | 1.16%                | 3.82%                | -3.55%               |
| Class ID C000058993 | 1.18%                | 3.80%                | -3.63%               |
| Class ID C000043359 | 1.16%                | 3.84%                | -3.57%               |
| Class ID C000058992 | 1.16%                | 3.83%                | -3.46%               |
| Class ID C000043358 | 1.11%                | 3.69%                | -3.54%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $-451464.50                                |
| Month 2  | $0.00                    | $310114.09                                 |
| Month 3  | $-28178.23               | $567364.10                                 |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| London Metal Exchange                          | LME PRI ALUM FUTR JAN23                                                                           | CUSIP: 000000000<br>LEI: 213800NB8G5VRT1DXC91 | N/A              | DCO              |  | GB        |       830 | NC      | $-878745.90   | -0.09%            |  |  |  | No            |                  1 | On Loan: No      |
| New York Mercantile Exchange                   | NY HARB ULSD FUT APR23                                                                            | CUSIP: 000000000<br>LEI: 5493008GFNDTXFPHWI47 | N/A              | DCO              |  | US        |       -27 | NC      | $210869.46    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| New York Mercantile Exchange                   | NATURAL GAS FUTR APR23                                                                            | CUSIP: 000000000<br>LEI: 5493008GFNDTXFPHWI47 | N/A              | DCO              |  | US        |      -792 | NC      | $7340620.75   | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| United States Treasury                         | United States Treasury Bill                                                                       | CUSIP: 912796Y78<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        | 100000000 | PA      | $99333153.00  | 10.40%            | 2023-02-28      | None          | 0.00%                 | No            |                  1 | On Loan: No      |
| United States Treasury                         | United States Treasury Bill                                                                       | CUSIP: 912796Z93<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |  15000000 | PA      | $14838127.50  | 1.55%             | 2023-04-04      | None          | 0.00%                 | No            |                  1 | On Loan: No      |
| London Metal Exchange                          | LME NICKEL FUTURE JAN23                                                                           | CUSIP: 000000000<br>LEI: 213800NB8G5VRT1DXC91 | N/A              | DCO              |  | GB        |       133 | NC      | $474446.91    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| United States Treasury                         | United States Treasury Bill                                                                       | CUSIP: 912796ZT9<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        | 151300000 | PA      | $150724873.91 | 15.78%            | 2023-02-07      | None          | 0.00%                 | No            |                  1 | On Loan: No      |
| Chicago Board of Trade                         | WHEAT FUTURE(CBT) MAR23                                                                           | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DCO              |  | US        |       586 | NC      | $-952306.20   | -0.10%            |  |  |  | No            |                  1 | On Loan: No      |
| United States Treasury                         | United States Treasury Bill                                                                       | CUSIP: 912796Z77<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |  10000000 | PA      | $9909592.70   | 1.04%             | 2023-03-21      | None          | 0.00%                 | No            |                  1 | On Loan: No      |
| United States Treasury                         | United States Treasury Bill                                                                       | CUSIP: 912796YU7<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |  20000000 | PA      | $19774166.60  | 2.07%             | 2023-04-13      | None          | 0.00%                 | No            |                  1 | On Loan: No      |
| New York Mercantile Exchange                   | NY HARB ULSD FUT MAR23                                                                            | CUSIP: 000000000<br>LEI: 5493008GFNDTXFPHWI47 | N/A              | DCO              |  | US        |        -1 | NC      | $9216.19      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| London Metal Exchange                          | LME PRI ALUM FUTR MAR23                                                                           | CUSIP: 000000000<br>LEI: 213800NB8G5VRT1DXC91 | N/A              | DCO              |  | GB        |      1004 | NC      | $-178189.92   | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| London Metal Exchange                          | LME PRI ALUM FUTR JAN23                                                                           | CUSIP: 000000000<br>LEI: 213800NB8G5VRT1DXC91 | N/A              | DCO              |  | GB        |      -830 | NC      | $404806.60    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| London Metal Exchange                          | LME PRI ALUM FUTR MAR23                                                                           | CUSIP: 000000000<br>LEI: 213800NB8G5VRT1DXC91 | N/A              | DCO              |  | GB        |      -978 | NC      | $583885.56    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Commodities Exchange Center                    | SILVER FUTURE MAR23                                                                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | US        |       365 | NC      | $5521676.65   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| United States Treasury                         | United States Treasury Bill                                                                       | CUSIP: 912796Y86<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        | 111000000 | PA      | $110181255.12 | 11.54%            | 2023-03-07      | None          | 0.00%                 | No            |                  1 | On Loan: No      |
| Chicago Board of Trade                         | SOYBEAN OIL FUTR MAR23                                                                            | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DCO              |  | US        |       503 | NC      | $367140.20    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| United States Treasury                         | United States Treasury Bill                                                                       | CUSIP: 912796CT4<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |  10000000 | PA      | $9881447.20   | 1.03%             | 2023-04-11      | None          | 0.00%                 | No            |                  1 | On Loan: No      |
| New York Mercantile Exchange                   | PLATINUM FUTURE APR23                                                                             | CUSIP: 000000000<br>LEI: 5493008GFNDTXFPHWI47 | N/A              | DCO              |  | US        |       185 | NC      | $761282.47    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| London Metal Exchange                          | LME ZINC FUTURE JAN23                                                                             | CUSIP: 000000000<br>LEI: 213800NB8G5VRT1DXC91 | N/A              | DCO              |  | GB        |       425 | NC      | $-3143504.00  | -0.33%            |  |  |  | No            |                  1 | On Loan: No      |
| New York Mercantile Exchange                   | GASOLINE RBOB FUT MAY23                                                                           | CUSIP: 000000000<br>LEI: 5493008GFNDTXFPHWI47 | N/A              | DCO              |  | US        |       -29 | NC      | $-411660.99   | -0.04%            |  |  |  | No            |                  1 | On Loan: No      |
| United States Treasury                         | United States Treasury Bill                                                                       | CUSIP: 912796ZK8<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |  17700000 | PA      | $17674677.85  | 1.85%             | 2023-01-17      | None          | 0.00%                 | No            |                  1 | On Loan: No      |
| Chicago Board of Trade                         | KC HRW WHEAT FUT MAR23                                                                            | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DCO              |  | US        |        88 | NC      | $-175323.50   | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| United States Treasury                         | United States Treasury Bill - WI Post Auction                                                     | CUSIP: 912796ZL6<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |  84000000 | PA      | $83811803.04  | 8.78%             | 2023-01-31      | None          | 0.00%                 | No            |                  1 | On Loan: No      |
| ICE Futures U.S., Inc.                         | COFFEE 'C' FUTURE MAY23                                                                           | CUSIP: 000000000<br>LEI: 5493004R83R1LVX2IL36 | N/A              | DCO              |  | US        |      -193 | NC      | $-4946.07     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| ICE Futures U.S., Inc.                         | FCOJ-A FUTURE MAR23                                                                               | CUSIP: 000000000<br>LEI: 5493004R83R1LVX2IL36 | N/A              | DCO              |  | US        |       -13 | NC      | $4519.19      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Merrill Lynch International                    | Long: 228095349 TRS USD R E / Short: 228095349 TRS USD P V 01MTBILL USB3MTA +25 BPS               | CUSIP: 000000000<br>LEI: GGDZP1UYGU9STUHRDP48 | N/A              | DCO              |  | US        |  14000000 | OU      | $42744.95     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| New York Mercantile Exchange                   | WTI CRUDE FUTURE MAY23                                                                            | CUSIP: 000000000<br>LEI: 5493008GFNDTXFPHWI47 | N/A              | DCO              |  | US        |     -1692 | NC      | $-9148457.30  | -0.96%            |  |  |  | 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        |  72276067 | NS      | $72276066.68  | 7.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Board of Trade                         | SOYBEAN FUTURE MAR23                                                                              | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DCO              |  | US        |      -163 | NC      | $-356135.69   | -0.04%            |  |  |  | No            |                  1 | On Loan: No      |
| United States Treasury                         | United States Treasury Bill                                                                       | CUSIP: 912796Z77<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |  77100000 | PA      | $76402959.72  | 8.00%             | 2023-03-21      | None          | 0.00%                 | No            |                  1 | On Loan: No      |
| UBS Switzerland AG                             | Long: 130000835 TRS USD R E CRBFTR INDEX / Short: 130000835 TRS USD P V 01MTBILL USB3MTA + 25 BPS | CUSIP: 000000000<br>LEI: 549300WOIFUSNYH0FL22 | N/A              | DCO              |  | US        | 256185486 | OU      | $68955.45     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| United States Treasury                         | United States Treasury Bill                                                                       | CUSIP: 912796Z93<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |  77100000 | PA      | $76267975.35  | 7.99%             | 2023-04-04      | None          | 0.00%                 | No            |                  1 | On Loan: No      |
| ICE Futures Europe                             | BRENT CRUDE FUTR MAR23                                                                            | CUSIP: 000000000<br>LEI: 549300UF4R84F48NCH34 | N/A              | DCO              |  | GB        |       898 | NC      | $3665031.57   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| London Metal Exchange                          | LME PRI ALUM FUTR JUN23                                                                           | CUSIP: 000000000<br>LEI: 213800NB8G5VRT1DXC91 | N/A              | DCO              |  | GB        |       830 | NC      | $-423453.40   | -0.04%            |  |  |  | No            |                  1 | On Loan: No      |
| ICE Futures Europe                             | LOW SU GASOIL G FEB23                                                                             | CUSIP: 000000000<br>LEI: 549300UF4R84F48NCH34 | N/A              | DCO              |  | GB        |       171 | NC      | $-80408.45    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Board of Trade                         | CORN FUTURE MAR23                                                                                 | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DCO              |  | US        |       261 | NC      | $124208.57    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| New York Mercantile Exchange                   | NATURAL GAS FUTR MAR23                                                                            | CUSIP: 000000000<br>LEI: 5493008GFNDTXFPHWI47 | N/A              | DCO              |  | US        |      1529 | NC      | $-25614252.70 | -2.68%            |  |  |  | No            |                  1 | On Loan: No      |
| New York Mercantile Exchange                   | WTI CRUDE FUTURE APR23                                                                            | CUSIP: 000000000<br>LEI: 5493008GFNDTXFPHWI47 | N/A              | DCO              |  | US        |      -584 | NC      | $-2213627.82  | -0.23%            |  |  |  | No            |                  1 | On Loan: No      |
| New York Mercantile Exchange                   | GASOLINE RBOB FUT APR23                                                                           | CUSIP: 000000000<br>LEI: 5493008GFNDTXFPHWI47 | N/A              | DCO              |  | US        |       -33 | NC      | $99435.43     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Commodities Exchange Center                    | GOLD 100 OZ FUTR FEB23                                                                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | US        |       178 | NC      | $1197491.08   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| United States Treasury                         | United States Treasury Bill                                                                       | CUSIP: 912796ZU6<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        | 103000000 | PA      | $102515808.33 | 10.73%            | 2023-02-14      | None          | 0.00%                 | No            |                  1 | On Loan: No      |
| ICE Futures U.S., Inc.                         | COCOA FUTURE MAR23                                                                                | CUSIP: 000000000<br>LEI: 5493004R83R1LVX2IL36 | N/A              | DCO              |  | US        |     -1404 | NC      | $-2981358.14  | -0.31%            |  |  |  | No            |                  1 | On Loan: No      |
| New York Mercantile Exchange                   | WTI CRUDE FUTURE FEB23                                                                            | CUSIP: 000000000<br>LEI: 5493008GFNDTXFPHWI47 | N/A              | DCO              |  | US        |       637 | NC      | $3108443.44   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| ICE Futures Europe                             | LOW SU GASOIL G JAN23                                                                             | CUSIP: 000000000<br>LEI: 549300UF4R84F48NCH34 | N/A              | DCO              |  | GB        |       199 | NC      | $992705.31    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Citibank N.A.                                  | Long: 130000833 TRS USD R E CRBFTR INDEX / Short: 130000833 TRS USD P V 01MTBILL USB3MTA +24 BPS  | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DCO              |  | US        | 294224624 | OU      | $75791.38     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| New York Mercantile Exchange                   | NATURAL GAS FUTR MAY23                                                                            | CUSIP: 000000000<br>LEI: 5493008GFNDTXFPHWI47 | N/A              | DCO              |  | US        |      -417 | NC      | $4278363.88   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| United States Treasury                         | United States Treasury Bill                                                                       | CUSIP: 912796ZM4<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |  88800000 | PA      | $88527877.73  | 9.27%             | 2023-01-31      | None          | 0.00%                 | No            |                  1 | On Loan: No      |
| Commodities Exchange Center                    | COPPER FUTURE MAY23                                                                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | US        |       -33 | NC      | $-59653.93    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Mercantile Exchange                    | LIVE CATTLE FUTR FEB23                                                                            | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DCO              |  | US        |      -383 | NC      | $-529317.79   | -0.06%            |  |  |  | No            |                  1 | On Loan: No      |
| ICE Futures U.S., Inc.                         | COTTON NO.2 FUTR MAY23                                                                            | CUSIP: 000000000<br>LEI: 5493004R83R1LVX2IL36 | N/A              | DCO              |  | US        |      -376 | NC      | $230408.92    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| New York Mercantile Exchange                   | NATURAL GAS FUTR FEB23                                                                            | CUSIP: 000000000<br>LEI: 5493008GFNDTXFPHWI47 | N/A              | DCO              |  | US        |       933 | NC      | $-19513340.74 | -2.04%            |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Mercantile Exchange                    | LEAN HOGS FUTURE APR23                                                                            | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DCO              |  | US        |       145 | NC      | $11159.09     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| London Metal Exchange                          | LME PRI ALUM FUTR JUN23                                                                           | CUSIP: 000000000<br>LEI: 213800NB8G5VRT1DXC91 | N/A              | DCO              |  | GB        |     -1004 | NC      | $-197265.92   | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| ICE Futures U.S., Inc.                         | SUGAR 11 (WORLD) MAR23                                                                            | CUSIP: 000000000<br>LEI: 5493004R83R1LVX2IL36 | N/A              | DCO              |  | US        |     -1092 | NC      | $-2559774.43  | -0.27%            |  |  |  | No            |                  1 | On Loan: No      |
| United States Treasury                         | United States Treasury Bill                                                                       | CUSIP: 912796V48<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |  20000000 | PA      | $19739247.00  | 2.07%             | 2023-04-20      | None          | 0.00%                 | No            |                  1 | On Loan: No      |
| New York Mercantile Exchange                   | NY HARB ULSD FUT MAY23                                                                            | CUSIP: 000000000<br>LEI: 5493008GFNDTXFPHWI47 | N/A              | DCO              |  | US        |       -23 | NC      | $-329204.06   | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| Merrill Lynch International                    | Long: 130000834 TRS USD R E CRBFTR INDEX / Short: 130000834 TRS USD P V 01MTBILL USB3MTA + 25 BPS | CUSIP: 000000000<br>LEI: GGDZP1UYGU9STUHRDP48 | N/A              | DCO              |  | US        | 271882077 | OU      | $73177.75     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| United States Treasury                         | United States Treasury Bill                                                                       | CUSIP: 912796U31<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |  10000000 | PA      | $9906925.40   | 1.04%             | 2023-03-23      | None          | 0.00%                 | No            |                  1 | On Loan: No      |
| Chicago Board of Trade                         | SOYBEAN MEAL FUTR MAR23                                                                           | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DCO              |  | US        |       518 | NC      | $911278.83    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2023-01-31

**Name of Applicant:** GOLDMAN SACHS TRUST

**Signature:** Peter Fortner

**Name of Signer:** Peter Fortner

**Title:** Vice President