# EDGAR Filing Document

**Accession Number:** 0000822977
**File Stem:** 0001752724-25-156130
**Filing Date:** 2025-6
**Character Count:** 47983
**Document Hash:** 278b646561b6bff2a6d676a56030d2d4
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-156130.hdr.sgml**: 20250625

**ACCESSION NUMBER**: 0001752724-25-156130

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250430

**FILED AS OF DATE**: 20250625

**DATE AS OF CHANGE**: 20250625

**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:** 251073207

**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 Fund (Series ID: S000009335)

| Class ID   | Class Name      | Ticker Symbol   |
|:---|:---|:---|
| C000025571 | Institutional   | GEMIX           |
| C000025572 | Service         | GEMSX           |
| C000025573 | Class A         | GEMAX           |
| C000025575 | Class C         | GEMCX           |
| C000091958 | Investor Shares | GIRMX           |
| C000161505 | Class R6 Shares | GEMUX           |
| C000201742 | Class P Shares  | GAHPX           |

## 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 Fund

- **b. EDGAR series identifier (if any):** S000009335

- **c. LEI of Series:** BWG4TKY1KCT8ICDTBC46

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

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

- **b. Date as of which information is reported:** 2025-04-30

**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:** $2635439142.34

**Total Liabilities:** $7562716.95

**Net Assets:** $2627876425.39

**Cash Not Reported:** $14667838.34

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000025571 | 1.29%                | -0.04%               | 0.47%                |
| Class ID C000025572 | 1.20%                | -0.05%               | 0.43%                |
| Class ID C000025573 | 1.29%                | -0.09%               | 0.46%                |
| Class ID C000025575 | 1.21%                | -0.10%               | 0.36%                |
| Class ID C000091958 | 1.30%                | -0.04%               | 0.47%                |
| Class ID C000161505 | 1.33%                | -0.08%               | 0.51%                |
| Class ID C000201742 | 1.28%                | -0.04%               | 0.46%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $15389198.44             | $16322924.76                               |
| Month 2  | $12901155.47             | $-14457072.15                              |
| Month 3  | $-2414712.32             | $15560784.80                               |

### 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        |    906000 | NS      | $16875460.44  | 0.64%             |  |  |  | No            |                  2 | On Loan: No      |
| Yageo Corp                                     | Yageo Corp                                      | CUSIP: 000000000<br>LEI: 5493001P0TOZH7GGNQ21 | Long             | EC               | CORP              | TW        |   1013723 | NS      | $14534949.63  | 0.55%             |  |  |  | No            |                  2 | On Loan: No      |
| Tencent Music Entertainment Gr                 | Tencent Music Entertainment Group               | CUSIP: 88034P109<br>LEI: 213800XTZK2GOHQTYK41 | Long             | EC               | CORP              | CN        |   1116598 | NS      | $14984745.16  | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Commercial International Bank                  | Commercial International Bank - Egypt (CIB)     | CUSIP: 201712205<br>LEI: 213800FIIXJAMEVRIH48 | Long             | EC               | CORP              | EG        |   5106169 | NS      | $7971725.51   | 0.30%             |  |  |  | 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        |    635000 | NS      | $7776106.40   | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| FUYAO GLASS                                    | Fuyao Glass Industry Group Co Ltd               | CUSIP: 000000000<br>LEI: 549300AS5CSLWETN0P64 | Long             | EC               | CORP              | CN        |   2550000 | NS      | $18033636.10  | 0.69%             |  |  |  | No            |                  2 | On Loan: No      |
| Gentera SAB de CV                              | Gentera SAB de CV                               | CUSIP: 000000000<br>LEI: 4469000001ECOWXFNE33 | Long             | EC               | CORP              | MX        |   6767050 | NS      | $11815292.42  | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Capitec Bank Holdings Ltd                      | Capitec Bank Holdings Ltd                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | ZA        |    103108 | NS      | $19137491.50  | 0.73%             |  |  |  | No            |                  2 | On Loan: No      |
| National Bank of Greece SA                     | National Bank of Greece SA                      | CUSIP: 000000000<br>LEI: 5UMCZOEYKCVFAW8ZLO05 | Long             | EC               | CORP              | GR        |   2643232 | NS      | $28053867.25  | 1.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Sona Blw Precision Forgings Lt                 | Sona Blw Precision Forgings Ltd                 | CUSIP: 000000000<br>LEI: 335800LEL76GE6551Q27 | Long             | EC               | CORP              | IN        |   1874433 | NS      | $10670393.83  | 0.41%             |  |  |  | No            |                  2 | On Loan: No      |
| Bank Central Asia Tbk PT                       | Bank Central Asia Tbk PT                        | CUSIP: 000000000<br>LEI: 254900BR956G2OHVOM21 | Long             | EC               | CORP              | ID        |  65071900 | NS      | $34593946.84  | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Raia Drogasil SA                               | Raia Drogasil SA                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | BR        |   4621300 | NS      | $16155800.64  | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Sunresin New Materials Co Ltd                  | Sunresin New Materials Co Ltd                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |   1818220 | NS      | $10881503.72  | 0.41%             |  |  |  | No            |                  2 | On Loan: No      |
| Wal-Mart de Mexico SAB de CV                   | Wal-Mart de Mexico SAB de CV                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | MX        |   5041300 | NS      | $15976991.66  | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| NU Holdings Ltd/Cayman Islands                 | NU Holdings Ltd/Cayman Islands                  | CUSIP: 000000000<br>LEI: 5493002DG1RHWK9W2X27 | Long             | EC               | CORP              | BR        |   1389372 | NS      | $17269893.96  | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| ASE Technology Holding Co Ltd                  | ASE Technology Holding Co Ltd                   | CUSIP: 000000000<br>LEI: 300300GO8QHPMV87NZ73 | Long             | EC               | CORP              | TW        |   4420000 | NS      | $18834503.23  | 0.72%             |  |  |  | No            |                  2 | On Loan: No      |
| Bangkok Dusit Medical Services                 | Bangkok Dusit Medical Services PCL              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TH        |  25447700 | NS      | $18249467.82  | 0.69%             |  |  |  | No            |                  2 | On Loan: No      |
| Prologis Property Mexico SA de                 | Prologis Property Mexico SA de CV               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | MX        |   2938814 | NS      | $10467665.68  | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| JSE Ltd                                        | JSE Ltd                                         | CUSIP: 000000000<br>LEI: 213800MZ1VUQEBWRFO39 | Long             | EC               | CORP              | ZA        |   1497289 | NS      | $10246081.14  | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Samsung Electronics Co Ltd                     | Samsung Electronics Co Ltd                      | CUSIP: 000000000<br>LEI: 9884007ER46L6N7EI764 | Long             | EC               | CORP              | KR        |   1892629 | NS      | $73845724.97  | 2.81%             |  |  |  | No            |                  2 | On Loan: No      |
| Merida Industry Co Ltd                         | Merida Industry Co Ltd                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |   1404000 | NS      | $5823337.43   | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| BFI Finance Indonesia Tbk PT                   | BFI Finance Indonesia Tbk PT                    | CUSIP: 000000000<br>LEI: 254900NOWNL3CGA4WS37 | Long             | EC               | CORP              | ID        | 148861000 | NS      | $7865861.44   | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| Renaissance Insurance Group JS                 | Renaissance Insurance Group JSC                 | CUSIP: 000000000<br>LEI: 2534004ERNZEU8P2HW17 | Long             | EC               | CORP              | RU        |   2495750 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Amber Enterprises India Ltd                    | Amber Enterprises India Ltd                     | CUSIP: 000000000<br>LEI: 3358009JZU4XT3666G06 | Long             | EC               | CORP              | IN        |    212359 | NS      | $15500151.96  | 0.59%             |  |  |  | No            |                  2 | On Loan: No      |
| Archean Chemical Industries Lt                 | Archean Chemical Industries Ltd                 | CUSIP: 000000000<br>LEI: 335800SM3YUC83D34P94 | Long             | EC               | CORP              | IN        |    772941 | NS      | $5730121.80   | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| GCC SAB de CV                                  | GCC SAB de CV                                   | CUSIP: 000000000<br>LEI: 254900WY9XL8033CKX68 | Long             | EC               | CORP              | MX        |    763992 | NS      | $6406694.60   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Credicorp Ltd                                  | Credicorp Ltd                                   | CUSIP: 000000000<br>LEI: 529900UYAEYQCQ2BKB17 | Long             | EC               | CORP              | PE        |    112831 | NS      | $22813299.89  | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Xiaomi Corp                                    | Xiaomi Corp                                     | CUSIP: 000000000<br>LEI: 2549001ACVFAZRNMKL32 | Long             | EC               | CORP              | CN        |   6886800 | NS      | $44090701.75  | 1.68%             |  |  |  | No            |                  2 | On Loan: No      |
| Adnoc Gas PLC                                  | Adnoc Gas PLC                                   | CUSIP: 000000000<br>LEI: 254900O5NS03BDOOM362 | Long             | EC               | CORP              | AE        |  17179227 | NS      | $14829161.32  | 0.56%             |  |  |  | No            |                  2 | On Loan: No      |
| Bank Polska Kasa Opieki SA                     | Bank Polska Kasa Opieki SA                      | CUSIP: 000000000<br>LEI: 5493000LKS7B3UTF7H35 | Long             | EC               | CORP              | PL        |    305833 | NS      | $15328848.45  | 0.58%             |  |  |  | No            |                  2 | On Loan: No      |
| ICICI Bank Ltd                                 | ICICI Bank Ltd                                  | CUSIP: 000000000<br>LEI: R7RX8ER1V4666J8D1I38 | Long             | EC               | CORP              | IN        |   4547975 | NS      | $76448200.86  | 2.91%             |  |  |  | No            |                  2 | On Loan: No      |
| Axis Bank Ltd                                  | Axis Bank Ltd                                   | CUSIP: 000000000<br>LEI: 549300HVNWMJPOFVNI41 | Long             | EC               | CORP              | IN        |   1989683 | NS      | $27909506.72  | 1.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Monde Nissin Corp                              | Monde Nissin Corp                               | CUSIP: 000000000<br>LEI: 549300CUOTXJCLZ00K49 | Long             | EC               | CORP              | PH        | 103014400 | NS      | $14348796.56  | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Torrent Pharmaceuticals Ltd                    | Torrent Pharmaceuticals Ltd                     | CUSIP: 000000000<br>LEI: 335800NA6HK275RIJE13 | Long             | EC               | CORP              | IN        |    456779 | NS      | $17963840.51  | 0.68%             |  |  |  | No            |                  2 | On Loan: No      |
| Kweichow Moutai Co Ltd                         | Kweichow Moutai Co Ltd                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |    150951 | NS      | $32132975.47  | 1.22%             |  |  |  | No            |                  2 | On Loan: No      |
| SBI Life Insurance Co Ltd                      | SBI Life Insurance Co Ltd                       | CUSIP: 000000000<br>LEI: 335800WMVIESQUO95586 | Long             | EC               | CORP              | IN        |    987455 | NS      | $20651725.37  | 0.79%             |  |  |  | No            |                  2 | On Loan: No      |
| Alibaba Group Holding Ltd                      | Alibaba Group Holding Ltd                       | CUSIP: 000000000<br>LEI: 5493001NTNQJDH60PM02 | Long             | EC               | CORP              | CN        |   6591624 | NS      | $98413152.00  | 3.74%             |  |  |  | No            |                  2 | On Loan: No      |
| Netweb Technologies India Ltd                  | Netweb Technologies India Ltd                   | CUSIP: 000000000<br>LEI: 335800OOUVFL1RE5GY79 | Long             | EC               | CORP              | IN        |    406285 | NS      | $6803236.13   | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| China Yangtze Power Co Ltd                     | China Yangtze Power Co Ltd                      | CUSIP: 000000000<br>LEI: 3003008VX8JFJXA6QP74 | Long             | EC               | CORP              | CN        |   2653180 | NS      | $10764739.24  | 0.41%             |  |  |  | No            |                  2 | On Loan: No      |
| ANTA Sports Products Ltd                       | ANTA Sports Products Ltd                        | CUSIP: 000000000<br>LEI: 529900291XG0CTK4LF95 | Long             | EC               | CORP              | CN        |   1652200 | NS      | $19522100.45  | 0.74%             |  |  |  | No            |                  2 | On Loan: No      |
| Map Aktif Adiperkasa PT                        | Map Aktif Adiperkasa PT                         | CUSIP: 000000000<br>LEI: 254900N3WK9AC24SVF17 | Long             | EC               | CORP              | ID        | 205008500 | NS      | $8021360.48   | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| Itau Unibanco Holding SA                       | Itau Unibanco Holding SA                        | CUSIP: 000000000<br>LEI: 5493002W2IVG62O3ZJ94 | Long             | EP               | CORP              | BR        |   3406590 | NS      | $21357404.16  | 0.81%             |  |  |  | No            |                  2 | On Loan: No      |
| Clicks Group Ltd                               | Clicks Group Ltd                                | CUSIP: 000000000<br>LEI: 378900E967958A677472 | Long             | EC               | CORP              | ZA        |    627021 | NS      | $13335435.94  | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Jollibee Foods Corp                            | Jollibee Foods Corp                             | CUSIP: 000000000<br>LEI: 2138009XN3KTAAKUPR35 | Long             | EC               | CORP              | PH        |   2785210 | NS      | $11440473.99  | 0.44%             |  |  |  | No            |                  2 | On Loan: No      |
| Saudi National Bank/The                        | Saudi National Bank/The                         | CUSIP: 000000000<br>LEI: 5586006ZEFQ542K7CY16 | Long             | EC               | CORP              | SA        |   1696834 | NS      | $16167474.79  | 0.62%             |  |  |  | No            |                  2 | On Loan: No      |
| Co for Cooperative Insurance/T                 | Co for Cooperative Insurance/The                | CUSIP: 000000000<br>LEI: 549300J2GTNKWJRJ8581 | Long             | EC               | CORP              | SA        |    217165 | NS      | $8050750.12   | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| Kia Corp                                       | Kia Corp                                        | CUSIP: 000000000<br>LEI: 988400V8MJK9N7OI5X76 | Long             | EC               | CORP              | KR        |    302140 | NS      | $19201995.57  | 0.73%             |  |  |  | No            |                  2 | On Loan: No      |
| Nova Ljubljanska Banka dd                      | Nova Ljubljanska Banka dd                       | CUSIP: 66980N203<br>LEI: 5493001BABFV7P27OW30 | Long             | EC               | CORP              | SI        |    670100 | NS      | $19830133.95  | 0.75%             |  |  |  | No            |                  2 | On Loan: No      |
| PICC P&C                                       | PICC Property & Casualty Co Ltd                 | CUSIP: 000000000<br>LEI: 300300F1000311000017 | Long             | EC               | CORP              | CN        |  12730000 | NS      | $23441529.45  | 0.89%             |  |  |  | No            |                  2 | On Loan: No      |
| Piraeus Financial Holdings SA                  | Piraeus Financial Holdings SA                   | CUSIP: 000000000<br>LEI: M6AD1Y1KW32H8THQ6F76 | Long             | EC               | CORP              | GR        |   3988731 | NS      | $22400853.08  | 0.85%             |  |  |  | No            |                  2 | On Loan: No      |
| Delta Electronics Inc                          | Delta Electronics Inc                           | CUSIP: 000000000<br>LEI: 529900UVZWNWGDLJSM52 | Long             | EC               | CORP              | TW        |   2513000 | NS      | $26331730.30  | 1.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Rasan Information Technology C                 | Rasan Information Technology Co                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | SA        |    423887 | NS      | $9673821.99   | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| H World Group Ltd                              | H World Group Ltd                               | CUSIP: 44332N106<br>LEI: 549300Y5ML31FVN83730 | Long             | EC               | CORP              | CN        |    364263 | NS      | $12472365.12  | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Chroma ATE Inc                                 | Chroma ATE Inc                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |   1221000 | NS      | $11161455.19  | 0.42%             |  |  |  | No            |                  2 | On Loan: No      |
| LG Electronics Inc                             | LG Electronics Inc                              | CUSIP: 000000000<br>LEI: 988400RMQFTGZIOG0609 | Long             | EC               | CORP              | KR        |    319144 | NS      | $16019618.59  | 0.61%             |  |  |  | No            |                  2 | On Loan: No      |
| Samsung Biologics Co Ltd                       | Samsung Biologics Co Ltd                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |     29104 | NS      | $21538972.83  | 0.82%             |  |  |  | No            |                  2 | On Loan: No      |
| Apollo Hospitals Enterprise Lt                 | Apollo Hospitals Enterprise Ltd                 | CUSIP: 000000000<br>LEI: 3358005YT7JQCWYLTG43 | Long             | EC               | CORP              | IN        |    263672 | NS      | $21793537.13  | 0.83%             |  |  |  | No            |                  2 | On Loan: No      |
| BYD Co Ltd                                     | BYD Co Ltd                                      | CUSIP: 000000000<br>LEI: 5299005557VL7ULJ7A69 | Long             | EC               | CORP              | CN        |    760500 | NS      | $36120894.84  | 1.37%             |  |  |  | No            |                  2 | On Loan: No      |
| America Movil SAB de CV                        | America Movil SAB de CV                         | CUSIP: 000000000<br>LEI: 5493000FNR3UCEAONM59 | Long             | EC               | CORP              | MX        |  15862900 | NS      | $13686559.14  | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| China Feihe Ltd                                | China Feihe Ltd                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |  12554000 | NS      | $9487010.99   | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| Ningbo Tuopu Group Co Ltd                      | Ningbo Tuopu Group Co Ltd                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |   1421210 | NS      | $10267968.18  | 0.39%             |  |  |  | No            |                  2 | On Loan: No      |
| Almarai Co JSC                                 | Almarai Co JSC                                  | CUSIP: 000000000<br>LEI: 549300B4EDUXYD2G6098 | Long             | EC               | CORP              | SA        |   1083108 | NS      | $15256697.78  | 0.58%             |  |  |  | No            |                  2 | On Loan: No      |
| Sberbank of Russia PJSC                        | Sberbank of Russia PJSC                         | CUSIP: 000000000<br>LEI: 549300WE6TAF5EEWQS81 | Long             | EC               | CORP              | RU        |   4327745 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Yunnan Aluminium Co Ltd                        | Yunnan Aluminium Co Ltd                         | CUSIP: 000000000<br>LEI: 3003008AXWSVMLG3MX37 | Long             | EC               | CORP              | CN        |   8574992 | NS      | $17951729.44  | 0.68%             |  |  |  | No            |                  2 | On Loan: No      |
| CATL                                           | Contemporary Amperex Technology Co Ltd          | CUSIP: 000000000<br>LEI: 300300KINDY1K0E9I032 | Long             | EC               | CORP              | CN        |    623274 | NS      | $19911462.53  | 0.76%             |  |  |  | No            |                  2 | On Loan: No      |
| Bank Mandiri Persero Tbk PT                    | Bank Mandiri Persero Tbk PT                     | CUSIP: 000000000<br>LEI: 549300RSKQN4Z5ZSGH94 | Long             | EC               | CORP              | ID        |  52476000 | NS      | $15496560.11  | 0.59%             |  |  |  | No            |                  2 | On Loan: No      |
| Bid Corp Ltd                                   | Bid Corp Ltd                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | ZA        |    126328 | NS      | $3174966.20   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Navin Fluorine International L                 | Navin Fluorine International Ltd                | CUSIP: 000000000<br>LEI: 335800OVIUAAKYG44C59 | Long             | EC               | CORP              | IN        |    353983 | NS      | $18954538.01  | 0.72%             |  |  |  | No            |                  2 | On Loan: No      |
| MediaTek Inc                                   | MediaTek Inc                                    | CUSIP: 000000000<br>LEI: 254900UEGBK1I4DM4E14 | Long             | EC               | CORP              | TW        |   1029000 | NS      | $43725401.92  | 1.66%             |  |  |  | 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        |   8752600 | NS      | $74871.64     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| 360 ONE WAM Ltd                                | 360 ONE WAM Ltd                                 | CUSIP: 000000000<br>LEI: 335800DDYMCDBO5OLL32 | Long             | EC               | CORP              | IN        |    730196 | NS      | $8505380.43   | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| China Merchants Bank Co Ltd                    | China Merchants Bank Co Ltd                     | CUSIP: 000000000<br>LEI: 549300MKO5B60FFIHF58 | Long             | EC               | CORP              | CN        |   7263500 | NS      | $39619809.50  | 1.51%             |  |  |  | No            |                  2 | On Loan: No      |
| Marcopolo SA                                   | Marcopolo SA                                    | CUSIP: 000000000<br>LEI: 254900XL58LF2D2QUX37 | Long             | EP               | CORP              | BR        |   6679100 | NS      | $8285395.80   | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| MercadoLibre Inc                               | MercadoLibre Inc                                | CUSIP: 58733R102<br>LEI: 549300DKPDN9M5S8GB14 | Long             | EC               | CORP              | UY        |     13567 | NS      | $31622641.95  | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| E Ink Holdings Inc                             | E Ink Holdings Inc                              | CUSIP: 000000000<br>LEI: 529900UOR451FJJYL571 | Long             | EC               | CORP              | TW        |   2339000 | NS      | $16339290.77  | 0.62%             |  |  |  | No            |                  2 | On Loan: No      |
| Pakuwon Jati Tbk PT                            | Pakuwon Jati Tbk PT                             | CUSIP: 000000000<br>LEI: 254900GUXQAQB065PM73 | Long             | EC               | CORP              | ID        | 221471200 | NS      | $5090658.70   | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Tencent Holdings Ltd                           | Tencent Holdings Ltd                            | CUSIP: 000000000<br>LEI: 254900N4SLUMW4XUYY11 | Long             | EC               | CORP              | CN        |   3006700 | NS      | $184163244.62 | 7.01%             |  |  |  | No            |                  2 | On Loan: No      |
| JYP Entertainment Corp                         | JYP Entertainment Corp                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |    188548 | NS      | $9171370.49   | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| Infosys Ltd                                    | Infosys Ltd                                     | CUSIP: 000000000<br>LEI: 335800TYLGG93MM7PR89 | Long             | EC               | CORP              | IN        |   2099132 | NS      | $37108318.28  | 1.41%             |  |  |  | No            |                  2 | On Loan: No      |
| Cartrade Tech Ltd                              | Cartrade Tech Ltd                               | CUSIP: 000000000<br>LEI: 984500F5CDO5D86C1326 | Long             | EC               | CORP              | IN        |    510408 | NS      | $10298021.16  | 0.39%             |  |  |  | No            |                  2 | On Loan: No      |
| Mao Geping Cosmetics Co LTD                    | Mao Geping Cosmetics Co LTD                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |    467000 | NS      | $6435436.07   | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Bajaj Finance Ltd                              | Bajaj Finance Ltd                               | CUSIP: 000000000<br>LEI: 335800YTEXC3DO4Z6F68 | Long             | EC               | CORP              | IN        |    322294 | NS      | $32885773.29  | 1.25%             |  |  |  | No            |                  2 | On Loan: No      |
| KE Holdings Inc                                | KE Holdings Inc                                 | CUSIP: 482497104<br>LEI: 254900RHVY072XPAZE03 | Long             | EC               | CORP              | CN        |    664379 | NS      | $13486893.70  | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Meituan                                        | Meituan                                         | CUSIP: 000000000<br>LEI: 21380033K525E5JLIA77 | Long             | EC               | CORP              | CN        |   1227600 | NS      | $20325910.71  | 0.77%             |  |  |  | No            |                  2 | On Loan: No      |
| NetEase Inc                                    | NetEase Inc                                     | CUSIP: 000000000<br>LEI: 5299004AF4DSJDB0PA32 | Long             | EC               | CORP              | CN        |   1468900 | NS      | $31575990.40  | 1.20%             |  |  |  | No            |                  2 | On Loan: No      |
| Old Mutual Ltd                                 | Old Mutual Ltd                                  | CUSIP: 000000000<br>LEI: 213800MON84ZWWPQCN47 | Long             | EC               | CORP              | ZA        |  20554055 | NS      | $12519451.28  | 0.48%             |  |  |  | No            |                  1 | On Loan: —       |
| Godrej Properties Ltd                          | Godrej Properties Ltd                           | CUSIP: 000000000<br>LEI: 335800KM3Y5NZWXOE183 | Long             | EC               | CORP              | IN        |    860043 | NS      | $21971487.95  | 0.84%             |  |  |  | No            |                  2 | On Loan: No      |
| Info Edge India Ltd                            | Info Edge India Ltd                             | CUSIP: 000000000<br>LEI: 335800MXUVHTBF9DEC78 | Long             | EC               | CORP              | IN        |    190395 | NS      | $15926406.97  | 0.61%             |  |  |  | No            |                  2 | On Loan: No      |
| Eternal Ltd                                    | Eternal Ltd                                     | CUSIP: 000000000<br>LEI: 335800T4VOF9ETHF8W59 | Long             | EC               | CORP              | IN        |  15827935 | NS      | $43320844.94  | 1.65%             |  |  |  | No            |                  2 | On Loan: No      |
| SHENZHOU INTL                                  | Shenzhou International Group Holdings Ltd       | CUSIP: 000000000<br>LEI: 529900B4W41TCUKJFM73 | Long             | EC               | CORP              | CN        |   1355600 | NS      | $9396614.70   | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| Arca Continental SAB de CV                     | Arca Continental SAB de CV                      | CUSIP: 000000000<br>LEI: 254900U2BSJCQHJCXN24 | Long             | EC               | CORP              | MX        |   1375699 | NS      | $14477091.49  | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| PING AN                                        | Ping An Insurance Group Co of China Ltd         | CUSIP: 000000000<br>LEI: 529900M9MC28JLN35U89 | Long             | EC               | CORP              | CN        |    775500 | NS      | $4641396.10   | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Banco del Bajio SA                             | Banco del Bajio SA                              | CUSIP: 000000000<br>LEI: 4469000001BD95FFLY16 | Long             | EC               | CORP              | MX        |   2713300 | NS      | $6497364.58   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| BDO Unibank Inc                                | BDO Unibank Inc                                 | CUSIP: 000000000<br>LEI: 3FGIIBS1PEI1FYQBGN97 | Long             | EC               | CORP              | PH        |   4942740 | NS      | $14185955.29  | 0.54%             |  |  |  | No            |                  2 | On Loan: No      |
| Abu Dhabi Islamic Bank PJSC                    | Abu Dhabi Islamic Bank PJSC                     | CUSIP: 000000000<br>LEI: 5493006DOLY8O98XHD74 | Long             | EC               | CORP              | AE        |   2546791 | NS      | $12679886.52  | 0.48%             |  |  |  | No            |                  2 | On Loan: No      |
| Coforge Ltd                                    | Coforge Ltd                                     | CUSIP: 000000000<br>LEI: 3358004YL9JGBNP4KF72 | Long             | EC               | CORP              | IN        |    161521 | NS      | $14042481.28  | 0.53%             |  |  |  | No            |                  2 | On Loan: No      |
| TSMC                                           | Taiwan Semiconductor Manufacturing Co Ltd       | CUSIP: 000000000<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |   7944883 | NS      | $225114716.99 | 8.57%             |  |  |  | No            |                  2 | On Loan: No      |
| KB Financial Group Inc                         | KB Financial Group Inc                          | CUSIP: 000000000<br>LEI: 529900TKE4MXG3Q6GW86 | Long             | EC               | CORP              | KR        |    354740 | NS      | $22419125.34  | 0.85%             |  |  |  | No            |                  2 | On Loan: No      |
| Dino Polska SA                                 | Dino Polska SA                                  | CUSIP: 000000000<br>LEI: 259400H4L81SMPRTW956 | Long             | EC               | CORP              | PL        |    139051 | NS      | $19493210.85  | 0.74%             |  |  |  | No            |                  2 | On Loan: No      |
| Five-Star Business Finance Ltd                 | Five-Star Business Finance Ltd                  | CUSIP: 000000000<br>LEI: 335800SDB5FANSP25Z85 | Long             | EC               | CORP              | IN        |   1165090 | NS      | $9742729.07   | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| True Corp PCL                                  | True Corp PCL                                   | CUSIP: 000000000<br>LEI: 894500HQD71STX0DQK07 | Long             | EC               | CORP              | TH        |  28156600 | NS      | $10193673.69  | 0.39%             |  |  |  | No            |                  2 | On Loan: No      |
| Samsung E&A Co Ltd                             | Samsung E&A Co Ltd                              | CUSIP: 000000000<br>LEI: 988400HDAY5KIVHGZ188 | Long             | EC               | CORP              | KR        |    560843 | NS      | $7583364.11   | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Nanofilm Technologies Internat                 | Nanofilm Technologies International Ltd         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | SG        |   7221393 | NS      | $2907908.61   | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Saudi Telecom Co                               | Saudi Telecom Co                                | CUSIP: 000000000<br>LEI: 21380028ATJ79OTA9W17 | Long             | EC               | CORP              | SA        |   1201838 | NS      | $15258258.03  | 0.58%             |  |  |  | No            |                  2 | On Loan: No      |
| Rumo SA                                        | Rumo SA                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | BR        |   3639800 | NS      | $12442335.44  | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Midea Group Co Ltd                             | Midea Group Co Ltd                              | CUSIP: 000000000<br>LEI: 3003003TRPHLHZD2IF61 | Long             | EC               | CORP              | CN        |   1622800 | NS      | $16438999.16  | 0.63%             |  |  |  | No            |                  2 | On Loan: No      |
| TIM SA/Brazil                                  | TIM SA/Brazil                                   | CUSIP: 000000000<br>LEI: 529900QI0CH1DN5ZCS77 | Long             | EC               | CORP              | BR        |   1186051 | NS      | $3960365.18   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| SK Hynix Inc                                   | SK Hynix Inc                                    | CUSIP: 000000000<br>LEI: 988400XAIK6XISWQV045 | Long             | EC               | CORP              | KR        |    305987 | NS      | $38178945.76  | 1.45%             |  |  |  | No            |                  2 | On Loan: No      |
| Elm Co                                         | Elm Co                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | SA        |     27299 | NS      | $7554220.57   | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Sun Pharmaceutical Industries                  | Sun Pharmaceutical Industries Ltd               | CUSIP: 000000000<br>LEI: 335800KJ7GE29LB4SS73 | Long             | EC               | CORP              | IN        |   1613015 | NS      | $34983960.24  | 1.33%             |  |  |  | No            |                  2 | On Loan: No      |
| Jentech Precision Industrial C                 | Jentech Precision Industrial Co Ltd             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |    365000 | NS      | $11493746.49  | 0.44%             |  |  |  | No            |                  2 | On Loan: No      |
| PING AN                                        | Ping An Insurance Group Co of China Ltd         | CUSIP: 000000000<br>LEI: 529900M9MC28JLN35U89 | Long             | EC               | CORP              | CN        |   5319000 | NS      | $31834411.15  | 1.21%             |  |  |  | No            |                  2 | On Loan: No      |
| Alinma Bank                                    | Alinma Bank                                     | CUSIP: 000000000<br>LEI: 558600HPAUTN6XSVBK93 | Long             | EC               | CORP              | SA        |   1915229 | NS      | $14833969.54  | 0.56%             |  |  |  | No            |                  2 | On Loan: No      |
| Hyundai Rotem Co Ltd                           | Hyundai Rotem Co Ltd                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |    111845 | NS      | $8815515.06   | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| Tata Consumer Products Ltd                     | Tata Consumer Products Ltd                      | CUSIP: 000000000<br>LEI: 335800LOXFWU8ZQJMD12 | Long             | EC               | CORP              | IN        |   2299759 | NS      | $31733092.09  | 1.21%             |  |  |  | No            |                  2 | On Loan: No      |
| Computer Age Management Servic                 | Computer Age Management Services Ltd            | CUSIP: 000000000<br>LEI: 33580012MDHMBHWN5Z06 | Long             | EC               | CORP              | IN        |    433657 | NS      | $19996723.56  | 0.76%             |  |  |  | No            |                  2 | On Loan: No      |
| Al Rajhi Bank                                  | Al Rajhi Bank                                   | CUSIP: 000000000<br>LEI: 558600BQZS4Y1DTU8589 | Long             | EC               | CORP              | SA        |    921136 | NS      | $23929238.81  | 0.91%             |  |  |  | No            |                  2 | On Loan: No      |
| Talabat Holding PLC                            | Talabat Holding PLC                             | CUSIP: 000000000<br>LEI: 529900MAA20AIKRXOA24 | Long             | EC               | CORP              | AE        |  28807525 | NS      | $11099247.90  | 0.42%             |  |  |  | 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        | 399875000 | NS      | $3420617.47   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Weichai Power Co Ltd                           | Weichai Power Co Ltd                            | CUSIP: 000000000<br>LEI: 529900OKTPKBG85F9502 | Long             | EC               | CORP              | CN        |  10518000 | NS      | $20519581.06  | 0.78%             |  |  |  | No            |                  2 | On Loan: No      |
| JUMBO SA                                       | JUMBO SA                                        | CUSIP: 000000000<br>LEI: 549300TGIVUUMY40MZ05 | Long             | EC               | CORP              | GR        |    504458 | NS      | $15887019.01  | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Shenzhen Mindray Bio-Medical E                 | Shenzhen Mindray Bio-Medical Electronics Co Ltd | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |    445229 | NS      | $13454070.79  | 0.51%             |  |  |  | No            |                  2 | On Loan: No      |
| Zijin Mining Group Co Ltd                      | Zijin Mining Group Co Ltd                       | CUSIP: 000000000<br>LEI: 836800JRNL2393Z2I561 | Long             | EC               | CORP              | CN        |  11144000 | NS      | $24346116.73  | 0.93%             |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs Financial Square Government Fund | Goldman Sachs Financial Square Government Fund  | CUSIP: 38141W273<br>LEI: 549300BRJMXN4GUWZ402 | Long             | STIV             | RF                | US        |  11000415 | NS      | $11000415.00  | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| NCSoft Corp                                    | NCSoft Corp                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |     80992 | NS      | $8336914.22   | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| TVS Motor Co Ltd                               | TVS Motor Co Ltd                                | CUSIP: 000000000<br>LEI: 335800URVL13UQEWM152 | Long             | EC               | CORP              | IN        |    341230 | NS      | $10783418.73  | 0.41%             |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-06-25

**Name of Applicant:** Goldman Sachs Trust

**Signature:** Peter Fortner

**Name of Signer:** Peter Fortner

**Title:** Vice President Assistant Treasurer