# EDGAR Filing Document

**Accession Number:** 0000822977
**File Stem:** 0000940400-25-014067
**Filing Date:** 2025-12
**Character Count:** 40031
**Document Hash:** e782bf8ed207f337703d4977cf296176
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-25-014067.hdr.sgml**: 20251219

**ACCESSION NUMBER**: 0000940400-25-014067

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251031

**FILED AS OF DATE**: 20251219

**DATE AS OF CHANGE**: 20251219

**PERIOD START**: 20251031

**FILER**: 

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

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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-05349
- **FILM NUMBER:** 251588324

**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 Emerging Markets Equity ex. China Fund (Series ID: S000076129)

| Class ID   | Class Name           | Ticker Symbol   |
|:---|:---|:---|
| C000235590 | Class A Shares       | GEMHX           |
| C000238646 | Class P Shares       | GEMPX           |
| C000238647 | Class R6 Shares      | GEMWX           |
| C000238648 | Class C Shares       | GEMLX           |
| C000238649 | Investor Shares      | GEMOX           |
| C000238650 | Institutional Shares | GEMJX           |
| C000238651 | Class R Shares       | GEMQX           |

## 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 Emerging Markets Equity Ex. China Fund

- **b. EDGAR series identifier (if any):** S000076129

- **c. LEI of Series:** 549300I6LZ6YH2MKOZ55

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

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

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $13773770.33

**Total Liabilities:** $86335.95

**Net Assets:** $13687434.38

**Cash Not Reported:** $142826.95

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000235590 | 0.83%                | 6.22%                | 6.99%                |
| Class ID C000238646 | 0.83%                | 6.28%                | 6.97%                |
| Class ID C000238647 | 0.90%                | 6.20%                | 6.96%                |
| Class ID C000238648 | 0.76%                | 6.11%                | 6.89%                |
| Class ID C000238649 | 0.83%                | 6.28%                | 6.97%                |
| Class ID C000238650 | 0.83%                | 6.28%                | 6.96%                |
| Class ID C000238651 | 0.83%                | 6.15%                | 6.93%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $40776.70                | $48532.74                                  |
| Month 2  | $13932.94                | $744455.84                                 |
| Month 3  | $-18118.22               | $946368.90                                 |

### Schedule of Portfolio Investments

| Name                           | Title                                       | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Accton Technology Corp         | Accton Technology Corp                      | CUSIP: 000000000<br>LEI: 529900M1YRZ0GWMDF920 | Long             | EC               | CORP              | TW        |      6000 | NS      | $208660.26    | 1.52%             |  |  |  | No            |                  2 | On Loan: No      |
| I-Scream Media Co Ltd          | I-Scream Media Co Ltd                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |      2609 | NS      | $32375.59     | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| SAI Life Sciences Ltd          | SAI Life Sciences Ltd                       | CUSIP: 000000000<br>LEI: 335800JBS3NY25NIBC93 | Long             | EC               | CORP              | IN        |      6035 | NS      | $62388.20     | 0.46%             |  |  |  | No            |                  2 | On Loan: No      |
| Samsung Electronics Co Ltd     | Samsung Electronics Co Ltd                  | CUSIP: 000000000<br>LEI: 9884007ER46L6N7EI764 | Long             | EC               | CORP              | KR        |     11638 | NS      | $876064.64    | 6.40%             |  |  |  | No            |                  2 | On Loan: No      |
| Merida Industry Co Ltd         | Merida Industry Co Ltd                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      6000 | NS      | $19444.86     | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Suzlon Energy Ltd              | Suzlon Energy Ltd                           | CUSIP: 000000000<br>LEI: 724500ZW9AZP283ZN723 | Long             | EC               | CORP              | IN        |     70009 | NS      | $46750.20     | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| BFI Finance Indonesia Tbk PT   | BFI Finance Indonesia Tbk PT                | CUSIP: 000000000<br>LEI: 254900NOWNL3CGA4WS37 | Long             | EC               | CORP              | ID        |    551500 | NS      | $26696.18     | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Caixa Seguridade Participacoes | Caixa Seguridade Participacoes S/A          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | BR        |     24000 | NS      | $66781.29     | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Archean Chemical Industries Lt | Archean Chemical Industries Ltd             | CUSIP: 000000000<br>LEI: 335800SM3YUC83D34P94 | Long             | EC               | CORP              | IN        |      3589 | NS      | $26733.44     | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| Credicorp Ltd                  | Credicorp Ltd                               | CUSIP: 000000000<br>LEI: 529900UYAEYQCQ2BKB17 | Long             | EC               | CORP              | PE        |       519 | NS      | $135459.00    | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank Polska Kasa Opieki SA     | Bank Polska Kasa Opieki SA                  | CUSIP: 000000000<br>LEI: 5493000LKS7B3UTF7H35 | Long             | EC               | CORP              | PL        |      1810 | NS      | $92675.23     | 0.68%             |  |  |  | No            |                  2 | On Loan: No      |
| ICICI Bank Ltd                 | ICICI Bank Ltd                              | CUSIP: 000000000<br>LEI: R7RX8ER1V4666J8D1I38 | Long             | EC               | CORP              | IN        |     18664 | NS      | $282808.79    | 2.07%             |  |  |  | No            |                  2 | On Loan: No      |
| ADNOC Drilling Co PJSC         | ADNOC Drilling Co PJSC                      | CUSIP: 000000000<br>LEI: 254900JPRSQL1PM0JV19 | Long             | EC               | CORP              | AE        |     78263 | NS      | $118898.31    | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Torrent Pharmaceuticals Ltd    | Torrent Pharmaceuticals Ltd                 | CUSIP: 000000000<br>LEI: 335800NA6HK275RIJE13 | Long             | EC               | CORP              | IN        |      1889 | NS      | $75755.22     | 0.55%             |  |  |  | No            |                  2 | On Loan: No      |
| SBI Life Insurance Co Ltd      | SBI Life Insurance Co Ltd                   | CUSIP: 000000000<br>LEI: 335800WMVIESQUO95586 | Long             | EC               | CORP              | IN        |      6086 | NS      | $133904.72    | 0.98%             |  |  |  | No            |                  2 | On Loan: No      |
| Netweb Technologies India Ltd  | Netweb Technologies India Ltd               | CUSIP: 000000000<br>LEI: 335800OOUVFL1RE5GY79 | Long             | EC               | CORP              | IN        |      1108 | NS      | $50362.43     | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| Elite Material Co Ltd          | Elite Material Co Ltd                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      3000 | NS      | $131807.11    | 0.96%             |  |  |  | No            |                  2 | On Loan: No      |
| LG Chem Ltd                    | LG Chem Ltd                                 | CUSIP: 000000000<br>LEI: 988400IES4EIG7O06940 | Long             | EC               | CORP              | KR        |       286 | NS      | $79550.39     | 0.58%             |  |  |  | No            |                  2 | On Loan: No      |
| Map Aktif Adiperkasa PT        | Map Aktif Adiperkasa PT                     | CUSIP: 000000000<br>LEI: 254900N3WK9AC24SVF17 | Long             | EC               | CORP              | ID        |    973100 | NS      | $40860.88     | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| Coforge Ltd                    | Coforge Ltd                                 | CUSIP: 000000000<br>LEI: 3358004YL9JGBNP4KF72 | Long             | EC               | CORP              | IN        |      4029 | NS      | $80640.00     | 0.59%             |  |  |  | No            |                  2 | On Loan: No      |
| Itau Unibanco Holding SA       | Itau Unibanco Holding SA                    | CUSIP: 000000000<br>LEI: 5493002W2IVG62O3ZJ94 | Long             | EP               | CORP              | BR        |     17330 | NS      | $127044.90    | 0.93%             |  |  |  | No            |                  2 | On Loan: No      |
| Sea Ltd                        | Sea Ltd                                     | CUSIP: 81141R100<br>LEI: 529900OM6JLLW44YKI15 | Long             | EC               | CORP              | SG        |       595 | NS      | $92968.75     | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Bharti Airtel Ltd              | Bharti Airtel Ltd                           | CUSIP: 000000000<br>LEI: 335800KQ1FPKOQ84OR26 | Long             | EC               | CORP              | IN        |      8273 | NS      | $191571.14    | 1.40%             |  |  |  | No            |                  2 | On Loan: No      |
| Clicks Group Ltd               | Clicks Group Ltd                            | CUSIP: 000000000<br>LEI: 378900E967958A677472 | Long             | EC               | CORP              | ZA        |      3507 | NS      | $73945.04     | 0.54%             |  |  |  | No            |                  2 | On Loan: No      |
| Jollibee Foods Corp            | Jollibee Foods Corp                         | CUSIP: 000000000<br>LEI: 2138009XN3KTAAKUPR35 | Long             | EC               | CORP              | PH        |     11020 | NS      | $40559.59     | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Saudi National Bank/The        | Saudi National Bank/The                     | CUSIP: 000000000<br>LEI: 5586006ZEFQ542K7CY16 | Long             | EC               | CORP              | SA        |     11340 | NS      | $120663.93    | 0.88%             |  |  |  | No            |                  2 | On Loan: No      |
| Co for Cooperative Insurance/T | Co for Cooperative Insurance/The            | CUSIP: 000000000<br>LEI: 549300J2GTNKWJRJ8581 | Long             | EC               | CORP              | SA        |      1669 | NS      | $60613.23     | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Kia Corp                       | Kia Corp                                    | CUSIP: 000000000<br>LEI: 988400V8MJK9N7OI5X76 | Long             | EC               | CORP              | KR        |      2330 | NS      | $195437.19    | 1.43%             |  |  |  | No            |                  2 | On Loan: No      |
| Nova Ljubljanska Banka dd      | Nova Ljubljanska Banka dd                   | CUSIP: 66980N203<br>LEI: 5493001BABFV7P27OW30 | Long             | EC               | CORP              | SI        |      2464 | NS      | $98836.57     | 0.72%             |  |  |  | No            |                  2 | On Loan: No      |
| Delta Electronics Inc          | Delta Electronics Inc                       | CUSIP: 000000000<br>LEI: 529900UVZWNWGDLJSM52 | Long             | EC               | CORP              | TW        |     12000 | NS      | $385966.47    | 2.82%             |  |  |  | No            |                  2 | On Loan: No      |
| Tata Capital Ltd               | Tata Capital Ltd                            | CUSIP: 000000000<br>LEI: 335800TXSHN87ZZ57925 | Long             | EC               | CORP              | IN        |      2449 | NS      | $9029.47      | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Rasan Information Technology C | Rasan Information Technology Co             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | SA        |      1625 | NS      | $47729.97     | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| Piraeus Financial Holdings SA  | Piraeus Financial Holdings SA               | CUSIP: 000000000<br>LEI: M6AD1Y1KW32H8THQ6F76 | Long             | EC               | CORP              | GR        |     16940 | NS      | $132305.13    | 0.97%             |  |  |  | No            |                  2 | On Loan: No      |
| Tata Steel Ltd                 | Tata Steel Ltd                              | CUSIP: 000000000<br>LEI: 335800E6C75YGSGD5T66 | Long             | EC               | CORP              | IN        |     33836 | NS      | $69635.04     | 0.51%             |  |  |  | No            |                  2 | On Loan: No      |
| Bajaj Finance Ltd              | Bajaj Finance Ltd                           | CUSIP: 000000000<br>LEI: 335800YTEXC3DO4Z6F68 | Long             | EC               | CORP              | IN        |     12611 | NS      | $148111.26    | 1.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Chroma ATE Inc                 | Chroma ATE Inc                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      5000 | NS      | $132383.49    | 0.97%             |  |  |  | No            |                  2 | On Loan: No      |
| LG Electronics Inc             | LG Electronics Inc                          | CUSIP: 000000000<br>LEI: 988400RMQFTGZIOG0609 | Long             | EC               | CORP              | KR        |      1483 | NS      | $90957.17     | 0.66%             |  |  |  | No            |                  2 | On Loan: No      |
| Samsung Biologics Co Ltd       | Samsung Biologics Co Ltd                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |       184 | NS      | $157309.61    | 1.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Apollo Hospitals Enterprise Lt | Apollo Hospitals Enterprise Ltd             | CUSIP: 000000000<br>LEI: 3358005YT7JQCWYLTG43 | Long             | EC               | CORP              | IN        |      1266 | NS      | $109561.86    | 0.80%             |  |  |  | No            |                  2 | On Loan: No      |
| Almarai Co JSC                 | Almarai Co JSC                              | CUSIP: 000000000<br>LEI: 549300B4EDUXYD2G6098 | Long             | EC               | CORP              | SA        |      5822 | NS      | $77189.29     | 0.56%             |  |  |  | No            |                  2 | On Loan: No      |
| Bid Corp Ltd                   | Bid Corp Ltd                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | ZA        |      2098 | NS      | $51899.71     | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Navin Fluorine International L | Navin Fluorine International Ltd            | CUSIP: 000000000<br>LEI: 335800OVIUAAKYG44C59 | Long             | EC               | CORP              | IN        |      1766 | NS      | $113176.42    | 0.83%             |  |  |  | No            |                  2 | On Loan: No      |
| Home First Finance Co India Lt | Home First Finance Co India Ltd             | CUSIP: 000000000<br>LEI: 335800LHIN24IFBBN535 | Long             | EC               | CORP              | IN        |      4157 | NS      | $55934.20     | 0.41%             |  |  |  | No            |                  2 | On Loan: No      |
| Lotes Co Ltd                   | Lotes Co Ltd                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      2000 | NS      | $89171.46     | 0.65%             |  |  |  | No            |                  2 | On Loan: No      |
| MediaTek Inc                   | MediaTek Inc                                | CUSIP: 000000000<br>LEI: 254900UEGBK1I4DM4E14 | Long             | EC               | CORP              | TW        |      6000 | NS      | $254456.72    | 1.86%             |  |  |  | No            |                  2 | On Loan: No      |
| 360 ONE WAM Ltd                | 360 ONE WAM Ltd                             | CUSIP: 000000000<br>LEI: 335800DDYMCDBO5OLL32 | Long             | EC               | CORP              | IN        |      4859 | NS      | $59134.58     | 0.43%             |  |  |  | No            |                  2 | On Loan: No      |
| OTP Bank Nyrt                  | OTP Bank Nyrt                               | CUSIP: 000000000<br>LEI: 529900W3MOO00A18X956 | Long             | EC               | CORP              | HU        |      1191 | NS      | $113687.41    | 0.83%             |  |  |  | No            |                  2 | On Loan: No      |
| Aldar Properties PJSC          | Aldar Properties PJSC                       | CUSIP: 000000000<br>LEI: 98450048CD8AEF13B480 | Long             | EC               | CORP              | AE        |     25134 | NS      | $61581.27     | 0.45%             |  |  |  | No            |                  2 | On Loan: No      |
| MercadoLibre Inc               | MercadoLibre Inc                            | CUSIP: 58733R102<br>LEI: 549300DKPDN9M5S8GB14 | Long             | EC               | CORP              | UY        |        74 | NS      | $172217.24    | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Marcopolo SA                   | Marcopolo SA                                | CUSIP: 000000000<br>LEI: 254900XL58LF2D2QUX37 | Long             | EP               | CORP              | BR        |     38734 | NS      | $56805.59     | 0.42%             |  |  |  | No            |                  2 | On Loan: No      |
| Shoprite Holdings Ltd          | Shoprite Holdings Ltd                       | CUSIP: 000000000<br>LEI: 529900Q4O1EYP6NH5150 | Long             | EC               | CORP              | ZA        |      5078 | NS      | $84953.07     | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| E Ink Holdings Inc             | E Ink Holdings Inc                          | CUSIP: 000000000<br>LEI: 529900UOR451FJJYL571 | Long             | EC               | CORP              | TW        |     13000 | NS      | $89308.93     | 0.65%             |  |  |  | No            |                  2 | On Loan: No      |
| Infosys Ltd                    | Infosys Ltd                                 | CUSIP: 000000000<br>LEI: 335800TYLGG93MM7PR89 | Long             | EC               | CORP              | IN        |      8729 | NS      | $145443.41    | 1.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Hellenic Telecommunications Or | Hellenic Telecommunications Organization SA | CUSIP: 000000000<br>LEI: ELPUFM0XZRZO4LFXW404 | Long             | EC               | CORP              | GR        |      2883 | NS      | $54139.34     | 0.40%             |  |  |  | No            |                  2 | On Loan: No      |
| BDO Unibank Inc                | BDO Unibank Inc                             | CUSIP: 000000000<br>LEI: 3FGIIBS1PEI1FYQBGN97 | Long             | EC               | CORP              | PH        |     20729 | NS      | $47023.31     | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Samsung Heavy Industries Co Lt | Samsung Heavy Industries Co Ltd             | CUSIP: 000000000<br>LEI: 988400OSK0T9LDTWNC20 | Long             | EC               | CORP              | KR        |      3726 | NS      | $77279.03     | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Info Edge India Ltd            | Info Edge India Ltd                         | CUSIP: 000000000<br>LEI: 335800MXUVHTBF9DEC78 | Long             | EC               | CORP              | IN        |      3529 | NS      | $54754.79     | 0.40%             |  |  |  | No            |                  2 | On Loan: No      |
| TVS MOTOR COMPANY              | TVS Motor Co Ltd                            | CUSIP: 000000000<br>LEI: 335800URVL13UQEWM152 | Long             | EP               | CORP              | IN        |     11880 | NS      | $1338.27      | 0.01%             |  |  |  | No            |                  3 | On Loan: No      |
| Old Mutual Ltd                 | Old Mutual Ltd                              | CUSIP: 000000000<br>LEI: 213800MON84ZWWPQCN47 | Long             | EC               | CORP              | ZA        |    111859 | NS      | $87468.59     | 0.64%             |  |  |  | No            |                  2 | On Loan: No      |
| Godrej Properties Ltd          | Godrej Properties Ltd                       | CUSIP: 000000000<br>LEI: 335800KM3Y5NZWXOE183 | Long             | EC               | CORP              | IN        |      4271 | NS      | $109970.11    | 0.80%             |  |  |  | No            |                  2 | On Loan: No      |
| Eternal Ltd                    | Eternal Ltd                                 | CUSIP: 000000000<br>LEI: 335800T4VOF9ETHF8W59 | Long             | EC               | CORP              | IN        |     63694 | NS      | $227318.73    | 1.66%             |  |  |  | No            |                  2 | On Loan: No      |
| Grasim Industries Ltd          | Grasim Industries Ltd                       | CUSIP: 000000000<br>LEI: 335800WLY7FOIT3ERV21 | Long             | EC               | CORP              | IN        |      2145 | NS      | $69816.15     | 0.51%             |  |  |  | No            |                  2 | On Loan: No      |
| Grupo Financiero Banorte SAB d | Grupo Financiero Banorte SAB de CV          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | MX        |     10900 | NS      | $102584.44    | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Kfin Technologies Ltd          | Kfin Technologies Ltd                       | CUSIP: 000000000<br>LEI: 335800GNCGJJ76Z17N17 | Long             | EC               | CORP              | IN        |      2156 | NS      | $26650.46     | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Arca Continental SAB de CV     | Arca Continental SAB de CV                  | CUSIP: 000000000<br>LEI: 254900U2BSJCQHJCXN24 | Long             | EC               | CORP              | MX        |      6927 | NS      | $67090.69     | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Computer Age Management Servic | Computer Age Management Services Ltd        | CUSIP: 000000000<br>LEI: 33580012MDHMBHWN5Z06 | Long             | EC               | CORP              | IN        |      1531 | NS      | $67900.12     | 0.50%             |  |  |  | No            |                  2 | On Loan: No      |
| IsuPetasys Co Ltd              | IsuPetasys Co Ltd                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |      1675 | NS      | $132851.73    | 0.97%             |  |  |  | No            |                  2 | On Loan: No      |
| Aselsan Elektronik Sanayi Ve T | Aselsan Elektronik Sanayi Ve Ticaret AS     | CUSIP: 000000000<br>LEI: 7890008XT4M710MU8714 | Long             | EC               | CORP              | TR        |     18507 | NS      | $89472.88     | 0.65%             |  |  |  | No            |                  2 | On Loan: No      |
| Banco del Bajio SA             | Banco del Bajio SA                          | CUSIP: 000000000<br>LEI: 4469000001BD95FFLY16 | Long             | EC               | CORP              | MX        |      7400 | NS      | $18947.60     | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Abu Dhabi Islamic Bank PJSC    | Abu Dhabi Islamic Bank PJSC                 | CUSIP: 000000000<br>LEI: 5493006DOLY8O98XHD74 | Long             | EC               | CORP              | AE        |     18743 | NS      | $107699.71    | 0.79%             |  |  |  | No            |                  2 | On Loan: No      |
| Godrej Consumer Products Ltd   | Godrej Consumer Products Ltd                | CUSIP: 000000000<br>LEI: 335800P4GUWLGZFK2D63 | Long             | EC               | CORP              | IN        |      5387 | NS      | $67846.33     | 0.50%             |  |  |  | No            |                  2 | On Loan: No      |
| TSMC                           | Taiwan Semiconductor Manufacturing Co Ltd   | CUSIP: 000000000<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |     49000 | NS      | $2369624.60   | 17.31%            |  |  |  | No            |                  2 | On Loan: No      |
| KB Financial Group Inc         | KB Financial Group Inc                      | CUSIP: 000000000<br>LEI: 529900TKE4MXG3Q6GW86 | Long             | EC               | CORP              | KR        |      3423 | NS      | $279431.76    | 2.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Dino Polska SA                 | Dino Polska SA                              | CUSIP: 000000000<br>LEI: 259400H4L81SMPRTW956 | Long             | EC               | CORP              | PL        |      6350 | NS      | $75846.35     | 0.55%             |  |  |  | No            |                  2 | On Loan: No      |
| Five-Star Business Finance Ltd | Five-Star Business Finance Ltd              | CUSIP: 000000000<br>LEI: 335800SDB5FANSP25Z85 | Long             | EC               | CORP              | IN        |      3982 | NS      | $29265.63     | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| True Corp PCL                  | True Corp PCL                               | CUSIP: 000000000<br>LEI: 894500HQD71STX0DQK07 | Long             | EC               | CORP              | TH        |    104700 | NS      | $36563.67     | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| Amber Enterprises India Ltd    | Amber Enterprises India Ltd                 | CUSIP: 000000000<br>LEI: 3358009JZU4XT3666G06 | Long             | EC               | CORP              | IN        |       997 | NS      | $90158.22     | 0.66%             |  |  |  | No            |                  2 | On Loan: No      |
| Nanofilm Technologies Internat | Nanofilm Technologies International Ltd     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | SG        |     31900 | NS      | $17006.38     | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| SK hynix Inc                   | SK hynix Inc                                | CUSIP: 000000000<br>LEI: 988400XAIK6XISWQV045 | Long             | EC               | CORP              | KR        |      1295 | NS      | $503876.09    | 3.68%             |  |  |  | No            |                  2 | On Loan: No      |
| Elm Co                         | Elm Co                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | SA        |       242 | NS      | $61220.74     | 0.45%             |  |  |  | No            |                  2 | On Loan: No      |
| Sun Pharmaceutical Industries  | Sun Pharmaceutical Industries Ltd           | CUSIP: 000000000<br>LEI: 335800KJ7GE29LB4SS73 | Long             | EC               | CORP              | IN        |      6746 | NS      | $128598.01    | 0.94%             |  |  |  | No            |                  2 | On Loan: No      |
| Jentech Precision Industrial C | Jentech Precision Industrial Co Ltd         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      2000 | NS      | $137132.57    | 1.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Hindalco Industries Ltd        | Hindalco Industries Ltd                     | CUSIP: 000000000<br>LEI: 335800KXLE5NO5B4GF90 | Long             | EC               | CORP              | IN        |     11875 | NS      | $113261.57    | 0.83%             |  |  |  | No            |                  2 | On Loan: No      |
| Hyundai Rotem Co Ltd           | Hyundai Rotem Co Ltd                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |       537 | NS      | $86877.35     | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Tata Consumer Products Ltd     | Tata Consumer Products Ltd                  | CUSIP: 000000000<br>LEI: 335800LOXFWU8ZQJMD12 | Long             | EC               | CORP              | IN        |      8545 | NS      | $112098.24    | 0.82%             |  |  |  | No            |                  2 | On Loan: No      |
| Al Rajhi Bank                  | Al Rajhi Bank                               | CUSIP: 000000000<br>LEI: 558600BQZS4Y1DTU8589 | Long             | EC               | CORP              | SA        |      6682 | NS      | $188860.89    | 1.38%             |  |  |  | No            |                  2 | On Loan: No      |
| Nusantara Sejahtera Raya Tbk P | Nusantara Sejahtera Raya Tbk PT             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | ID        |   1200800 | NS      | $8592.62      | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Axis Bank Ltd                  | Axis Bank Ltd                               | CUSIP: 000000000<br>LEI: 549300HVNWMJPOFVNI41 | Long             | EC               | CORP              | IN        |     11020 | NS      | $152930.11    | 1.12%             |  |  |  | No            |                  2 | On Loan: No      |
| JUMBO SA                       | JUMBO SA                                    | CUSIP: 000000000<br>LEI: 549300TGIVUUMY40MZ05 | Long             | EC               | CORP              | GR        |      1984 | NS      | $62980.10     | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| NCSoft Corp                    | NCSoft Corp                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |       359 | NS      | $55413.03     | 0.40%             |  |  |  | No            |                  2 | On Loan: No      |
| TVS Motor Co Ltd               | TVS Motor Co Ltd                            | CUSIP: 000000000<br>LEI: 335800URVL13UQEWM152 | Long             | EC               | CORP              | IN        |      2970 | NS      | $117299.51    | 0.86%             |  |  |  | No            |                  2 | On Loan: No      |
| Emirates Central Cooling Syste | Emirates Central Cooling Systems Corp       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | AE        |     35936 | NS      | $15458.66     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| CMS Info Systems Ltd           | CMS Info Systems Ltd                        | CUSIP: 000000000<br>LEI: 335800CJKQ8UKRCDKY63 | Long             | EC               | CORP              | IN        |      6220 | NS      | $26001.43     | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Nien Made Enterprise Co Ltd    | Nien Made Enterprise Co Ltd                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      3000 | NS      | $35939.49     | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| Capitec Bank Holdings Ltd      | Capitec Bank Holdings Ltd                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | ZA        |       479 | NS      | $105977.57    | 0.77%             |  |  |  | No            |                  2 | On Loan: No      |
| National Bank of Greece SA     | National Bank of Greece SA                  | CUSIP: 000000000<br>LEI: 5UMCZOEYKCVFAW8ZLO05 | Long             | EC               | CORP              | GR        |      7309 | NS      | $107431.55    | 0.78%             |  |  |  | No            |                  2 | On Loan: No      |
| Bank Central Asia Tbk PT       | Bank Central Asia Tbk PT                    | CUSIP: 000000000<br>LEI: 254900BR956G2OHVOM21 | Long             | EC               | CORP              | ID        |    224800 | NS      | $115095.81    | 0.84%             |  |  |  | No            |                  2 | On Loan: No      |
| Raia Drogasil SA               | Raia Drogasil SA                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | BR        |     31700 | NS      | $117844.96    | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Monde Nissin Corp              | Monde Nissin Corp                           | CUSIP: 000000000<br>LEI: 549300CUOTXJCLZ00K49 | Long             | EC               | CORP              | PH        |    440100 | NS      | $50462.91     | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| FirstRand Ltd                  | FirstRand Ltd                               | CUSIP: 000000000<br>LEI: 529900XYOP8CUZU7R671 | Long             | EC               | CORP              | ZA        |     21532 | NS      | $102188.66    | 0.75%             |  |  |  | No            |                  2 | On Loan: No      |
| NU Holdings Ltd/Cayman Islands | NU Holdings Ltd/Cayman Islands              | CUSIP: 000000000<br>LEI: 5493002DG1RHWK9W2X27 | Long             | EC               | CORP              | BR        |     15438 | NS      | $248706.18    | 1.82%             |  |  |  | No            |                  1 | On Loan: No      |
| ASE Technology Holding Co Ltd  | ASE Technology Holding Co Ltd               | CUSIP: 000000000<br>LEI: 300300GO8QHPMV87NZ73 | Long             | EC               | CORP              | TW        |     14000 | NS      | $112010.65    | 0.82%             |  |  |  | No            |                  2 | On Loan: No      |
| Bangkok Dusit Medical Services | Bangkok Dusit Medical Services PCL          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TH        |     93300 | NS      | $54445.13     | 0.40%             |  |  |  | No            |                  2 | On Loan: No      |
| Pepkor Holdings Ltd            | Pepkor Holdings Ltd                         | CUSIP: 000000000<br>LEI: 3789006D677C34F69875 | Long             | EC               | CORP              | ZA        |     26619 | NS      | $40586.54     | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| Prologis Property Mexico SA de | Prologis Property Mexico SA de CV           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | MX        |     18034 | NS      | $72015.63     | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Wheaton Precious Metals Corp   | Wheaton Precious Metals Corp                | CUSIP: 962879102<br>LEI: 549300XSFG5ZCGVYD886 | Long             | EC               | CORP              | CA        |       612 | NS      | $59070.24     | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| JSE Ltd                        | JSE Ltd                                     | CUSIP: 000000000<br>LEI: 213800MZ1VUQEBWRFO39 | Long             | EC               | CORP              | ZA        |      6174 | NS      | $50168.85     | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| Gokaldas Exports Ltd           | Gokaldas Exports Ltd                        | CUSIP: 000000000<br>LEI: 335800EI4T29Z2KFOF66 | Long             | EC               | CORP              | IN        |      4563 | NS      | $43077.86     | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| MakeMyTrip Ltd                 | MakeMyTrip Ltd                              | CUSIP: 000000000<br>LEI: 529900DNT8HNJ7RYUO60 | Long             | EC               | CORP              | IN        |       743 | NS      | $59440.00     | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

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

**Name of Applicant:** Goldman Sachs Trust

**Signature:** Allison Frachiolla

**Name of Signer:** Allison Frachiolla

**Title:** Vice President Assistant Treasurer