AMENDMENT NO. 114 TO THE DECLARATION OF TRUST OF GOLDMAN SACHS TRUST
EX-99.(a)(113)
AMENDMENT NO. 114
TO THE
DECLARATION OF TRUST
OF
▇▇▇▇▇▇▇ ▇▇▇▇▇ TRUST
This AMENDMENT NO. 114 to the AGREEMENT AND DECLARATION OF TRUST (the “Declaration”) as amended, dated the 28th day of January, 1997 of ▇▇▇▇▇▇▇ Sachs Trust (the “Trust”) is made by the Trustees named below as of December 16, 2020:
WHEREAS, the Trustees have established the Trust for the investment and reinvestment of funds contributed thereto; and
WHEREAS, the Trustees divided the beneficial interest in the Trust assets into transferable shares of beneficial interest and divided such shares of beneficial interest into separate Series and Classes; and
WHEREAS, the Trustees desire to establish and designate one additional Series of the Trust, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Strategic Volatility Premium Fund, and related Share Classes with respect to such Series; and
WHEREAS, the Trustees desire to abolish the Goldman Sachs Global Future Technology Leaders Equity Fund and the Series’ related Share Classes;
NOW, THEREFORE, in consideration of the foregoing premises and the agreements contained herein, the undersigned, being all of the Trustees of the Trust and acting in accordance with Article V, Section 1 of the Declaration, hereby amend Article V, Section 1 of the Declaration in its entirety as follows:
The Trust shall consist of one or more Series. Without limiting the authority of the Trustees to establish and designate any further Series, the Trustees hereby establish the following 92 Series: ▇▇▇▇▇▇▇ ▇▇▇▇▇ Strategic Volatility Premium Fund, Goldman Sachs Global Environmental Impact Equity Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Clean Energy Income Fund, ▇▇▇▇▇▇▇ Sachs Defensive Equity Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Income Fund, Goldman Sachs Municipal Income Completion Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ ESG Emerging Markets Equity Fund, ▇▇▇▇▇▇▇ Sachs Small Cap Growth Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Energy Infrastructure Fund, Goldman Sachs Strategic Factor Allocation Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Financial Square Federal Instruments Fund, ▇▇▇▇▇▇▇ Sachs Global Real Estate Securities Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Global Infrastructure Fund, ▇▇▇▇▇▇▇ Sachs Focused Value Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Investor Money Market Fund, Goldman Sachs Global Managed Beta Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Tactical Tilt Overlay Fund, ▇▇▇▇▇▇▇ Sachs Small/Mid Cap Value Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Short-Term Conservative Income Fund, ▇▇▇▇▇▇▇ Sachs Long Short Credit Strategies Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ MLP Energy Infrastructure Fund, Goldman Sachs Short Duration Income Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Rising Dividend Growth Fund, ▇▇▇▇▇▇▇ Sachs Managed Futures Strategy Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ High Yield Floating Rate Fund, Goldman Sachs Imprint Emerging Markets Opportunities Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Strategic Income Fund, ▇▇▇▇▇▇▇ Sachs Alternative Premia Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ U.S. Equity ESG Fund, ▇▇▇▇▇▇▇ Sachs Flexible Cap Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Local Emerging Markets Debt Fund, ▇▇▇▇▇▇▇ Sachs Absolute Return Tracker Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Inflation Protected Securities Fund, ▇▇▇▇▇▇▇ Sachs Tax-Advantaged Global Equity Portfolio, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Enhanced Dividend Global Equity Portfolio, ▇▇▇▇▇▇▇ Sachs International Tax-Managed Equity Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ International Small Cap Insights Fund, ▇▇▇▇▇▇▇ Sachs Emerging Markets Equity
Insights Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ International Equity Dividend and Premium Fund, ▇▇▇▇▇▇▇ Sachs Satellite Strategies Portfolio, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Small Cap Value Insights Fund, ▇▇▇▇▇▇▇ Sachs Small Cap Growth Insights Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ International Equity Income Fund, ▇▇▇▇▇▇▇ Sachs Commodity Strategy Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Bond Fund, ▇▇▇▇▇▇▇ Sachs International Real Estate Securities Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ U.S. Equity Dividend and Premium Fund, ▇▇▇▇▇▇▇ Sachs Small/Mid Cap Growth Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ U.S. Mortgages Fund, ▇▇▇▇▇▇▇ Sachs Investment Grade Credit Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Emerging Markets Debt Fund, ▇▇▇▇▇▇▇ Sachs High Quality Floating Rate Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Short Duration Government Fund, ▇▇▇▇▇▇▇ Sachs Short Duration Tax-Free Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Core Fixed Income Fund, ▇▇▇▇▇▇▇ Sachs Global Core Fixed Income Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Government Income Fund, ▇▇▇▇▇▇▇ Sachs Dynamic Municipal Income Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ High Yield Fund, ▇▇▇▇▇▇▇ Sachs High Yield Municipal Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Enhanced Income Fund, ▇▇▇▇▇▇▇ Sachs Income Builder Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Large Cap Growth Insights Fund, ▇▇▇▇▇▇▇ Sachs U.S. Equity Insights Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Small Cap Equity Insights Fund, ▇▇▇▇▇▇▇ Sachs International Equity Insights Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Equity Income Fund, ▇▇▇▇▇▇▇ Sachs Capital Growth Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Mid Cap Value Fund, ▇▇▇▇▇▇▇ Sachs Small Cap Value Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ International Equity ESG Fund, ▇▇▇▇▇▇▇ Sachs China Equity Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Emerging Markets Equity Fund, Goldman Sachs Real Estate Securities Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Large Cap Value Insights Fund, ▇▇▇▇▇▇▇ Sachs Strategic Growth Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Growth Opportunities Fund, Goldman Sachs Technology Opportunities Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Large Cap Value Fund, Goldman Sachs Concentrated Growth Fund, Goldman ▇▇▇▇▇ U.S. Tax-Managed Equity Fund, ▇▇▇▇▇▇▇ Sachs Growth Strategy Portfolio, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Dynamic Global Equity Fund, ▇▇▇▇▇▇▇ Sachs Balanced Strategy Portfolio, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Growth and Income Strategy Portfolio, ▇▇▇▇▇▇▇ Sachs Financial Square Prime Obligations Fund, Goldman ▇▇▇▇▇ Financial Square Government Fund, ▇▇▇▇▇▇▇ Sachs Financial Square Treasury Obligations Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Financial Square Money Market Fund, ▇▇▇▇▇▇▇ Sachs Investor Tax-Exempt Money Market Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Financial Square Treasury Solutions Fund and ▇▇▇▇▇▇▇ Sachs Financial Square Treasury Instruments Fund (the “Existing Series”). Each additional Series shall be established and is effective upon the adoption of a resolution of a majority of the Trustees or any alternative date specified in such resolution. The Trustees may designate the relative rights and preferences of the Shares of each Series. The Trustees may divide the Shares of any Series into Classes. Without limiting the authority of the Trustees to establish and designate any further Classes, the Trustees hereby establish the following classes of shares with respect to the series set forth below:
| Class A Shares: | Goldman ▇▇▇▇▇ Global Environmental Impact Equity Fund, ▇▇▇▇▇▇▇ Sachs Clean Energy Income Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Defensive Equity Fund, ▇▇▇▇▇▇▇ Sachs Income Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ ESG Emerging Markets Equity Fund, ▇▇▇▇▇▇▇ Sachs Small Cap Growth Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Energy Infrastructure Fund, ▇▇▇▇▇▇▇ Sachs Financial Square Government Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Investor Tax-Exempt Money Market Fund, ▇▇▇▇▇▇▇ Sachs Investor Money Market Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Global Real Estate Securities Fund, ▇▇▇▇▇▇▇ Sachs Global Infrastructure Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Focused Value Fund, ▇▇▇▇▇▇▇ Sachs Small/Mid Cap Value Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Long Short Credit Strategies Fund, ▇▇▇▇▇▇▇ Sachs MLP Energy Infrastructure Fund, Goldman ▇▇▇▇▇ Short Duration Income Fund, ▇▇▇▇▇▇▇ Sachs Rising Dividend Growth Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Managed Futures Strategy Fund, ▇▇▇▇▇▇▇ Sachs High Yield Floating Rate Fund, Goldman ▇▇▇▇▇ Imprint Emerging Markets Opportunities Fund, ▇▇▇▇▇▇▇ Sachs Strategic Income Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Alternative Premia Fund, ▇▇▇▇▇▇▇ Sachs U.S. Equity ESG Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Flexible Cap Fund, ▇▇▇▇▇▇▇ Sachs Local Emerging Markets Debt Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Absolute Return Tracker Fund, ▇▇▇▇▇▇▇ Sachs Inflation Protected Securities Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Tax-Advantaged Global Equity Portfolio, ▇▇▇▇▇▇▇ Sachs Enhanced Dividend Global Equity Portfolio, ▇▇▇▇▇▇▇ ▇▇▇▇▇ International Tax-Managed Equity Fund, ▇▇▇▇▇▇▇ Sachs International Small Cap Insights Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Emerging Markets Equity Insights Fund, ▇▇▇▇▇▇▇ Sachs International Equity Dividend and Premium Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Satellite Strategies Portfolio, ▇▇▇▇▇▇▇ Sachs Small Cap Value Insights Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Small Cap Growth Insights Fund, ▇▇▇▇▇▇▇ Sachs International Equity Income Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Commodity Strategy Fund, ▇▇▇▇▇▇▇ Sachs Bond Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ International Real Estate Securities Fund, ▇▇▇▇▇▇▇ Sachs U.S. Equity Dividend and Premium Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Small/Mid Cap Growth Fund, ▇▇▇▇▇▇▇ Sachs U.S. Mortgages Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Investment Grade Credit Fund, ▇▇▇▇▇▇▇ Sachs Emerging Markets Debt Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ High Quality Floating Rate Fund, ▇▇▇▇▇▇▇ Sachs Global Core Fixed Income Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Government Income Fund, ▇▇▇▇▇▇▇ Sachs Dynamic Municipal Income Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ High Yield Fund, ▇▇▇▇▇▇▇ Sachs Short Duration Government Fund, Goldman |
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| Sachs Short Duration Tax-Free Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Core Fixed Income Fund, ▇▇▇▇▇▇▇ Sachs High Yield Municipal Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Enhanced Income Fund, ▇▇▇▇▇▇▇ Sachs Income Builder Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ U.S. Equity Insights Fund, ▇▇▇▇▇▇▇ Sachs Small Cap Equity Insights Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ International Equity Insights Fund, ▇▇▇▇▇▇▇ Sachs Large Cap Growth Insights Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Equity Income Fund, ▇▇▇▇▇▇▇ Sachs Mid Cap Value Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Capital Growth Fund, ▇▇▇▇▇▇▇ Sachs Small Cap Value Fund, Goldman ▇▇▇▇▇ Concentrated Growth Fund, ▇▇▇▇▇▇▇ Sachs International Equity ESG Fund, Goldman ▇▇▇▇▇ Emerging Markets Equity Fund, ▇▇▇▇▇▇▇ Sachs China Equity Fund, Goldman ▇▇▇▇▇ Real Estate Securities Fund, ▇▇▇▇▇▇▇ Sachs Large Cap Value Insights Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Strategic Growth Fund, ▇▇▇▇▇▇▇ Sachs Growth Opportunities Fund, Goldman ▇▇▇▇▇ Technology Opportunities Fund, ▇▇▇▇▇▇▇ Sachs Large Cap Value Fund, Goldman ▇▇▇▇▇ U.S. Tax-Managed Equity Fund, ▇▇▇▇▇▇▇ Sachs Growth Strategy Portfolio, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Dynamic Global Equity Fund, ▇▇▇▇▇▇▇ Sachs Balanced Strategy Portfolio, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Growth and Income Strategy Portfolio, and ▇▇▇▇▇▇▇ Sachs Short-Term Conservative Income Fund. | ||
| Class C Shares: | Goldman ▇▇▇▇▇ Global Environmental Impact Equity Fund, ▇▇▇▇▇▇▇ Sachs Clean Energy Income Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Defensive Equity Fund, ▇▇▇▇▇▇▇ Sachs Income Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ ESG Emerging Markets Equity Fund, ▇▇▇▇▇▇▇ Sachs Small Cap Growth Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Energy Infrastructure Fund, ▇▇▇▇▇▇▇ Sachs Financial Square Government Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Investor Tax-Exempt Money Market Fund, ▇▇▇▇▇▇▇ Sachs Investor Money Market Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Global Real Estate Securities Fund, ▇▇▇▇▇▇▇ Sachs Global Infrastructure Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Focused Value Fund, ▇▇▇▇▇▇▇ Sachs Small/Mid Cap Value Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Long Short Credit Strategies Fund, ▇▇▇▇▇▇▇ Sachs MLP Energy Infrastructure Fund, Goldman ▇▇▇▇▇ Short Duration Income Fund, ▇▇▇▇▇▇▇ Sachs Rising Dividend Growth Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Managed Futures Strategy Fund, ▇▇▇▇▇▇▇ Sachs High Yield Floating Rate Fund, Goldman ▇▇▇▇▇ Imprint Emerging Markets Opportunities Fund, ▇▇▇▇▇▇▇ Sachs Strategic Income Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Financial Square Prime Obligations Fund, ▇▇▇▇▇▇▇ Sachs Alternative Premia Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ U.S. Equity ESG Fund, ▇▇▇▇▇▇▇ Sachs Flexible Cap Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Local Emerging Markets Debt Fund, ▇▇▇▇▇▇▇ Sachs Absolute Return Tracker Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Inflation Protected Securities Fund, ▇▇▇▇▇▇▇ Sachs International Tax-Managed Equity Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ International Small Cap Insights Fund, ▇▇▇▇▇▇▇ Sachs Emerging Markets Equity Insights Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ International Equity Dividend and Premium Fund, ▇▇▇▇▇▇▇ Sachs Satellite Strategies Portfolio, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Small Cap Value Insights Fund, ▇▇▇▇▇▇▇ Sachs Small Cap Growth Insights Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ International Equity Income Fund, ▇▇▇▇▇▇▇ Sachs Emerging Markets Debt Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Commodity Strategy Fund, ▇▇▇▇▇▇▇ Sachs Bond Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ International Real Estate Securities Fund, ▇▇▇▇▇▇▇ Sachs U.S. Equity Dividend and Premium Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Small/Mid Cap Growth Fund, ▇▇▇▇▇▇▇ Sachs Global Core Fixed Income Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Government Income Fund, ▇▇▇▇▇▇▇ Sachs Dynamic Municipal Income Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ High Yield Fund, ▇▇▇▇▇▇▇ Sachs Short Duration Government Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Short Duration Tax-Free Fund, ▇▇▇▇▇▇▇ Sachs Core Fixed Income Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ High Yield Municipal Fund, ▇▇▇▇▇▇▇ Sachs Income Builder Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ U.S. Equity Insights Fund, ▇▇▇▇▇▇▇ Sachs Small Cap Equity Insights Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ International Equity Insights Fund, ▇▇▇▇▇▇▇ Sachs Large Cap Growth Insights Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Equity Income Fund, ▇▇▇▇▇▇▇ Sachs Mid Cap Value Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Capital Growth Fund, ▇▇▇▇▇▇▇ Sachs Small Cap Value Fund, Goldman ▇▇▇▇▇ Concentrated Growth Fund, ▇▇▇▇▇▇▇ Sachs International Equity ESG Fund, Goldman ▇▇▇▇▇ Emerging Markets Equity Fund, ▇▇▇▇▇▇▇ Sachs China Equity Fund, Goldman ▇▇▇▇▇ Real Estate Securities Fund, ▇▇▇▇▇▇▇ Sachs Large Cap Value Insights Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Strategic Growth Fund, ▇▇▇▇▇▇▇ Sachs Growth Opportunities Fund, Goldman ▇▇▇▇▇ Technology Opportunities Fund, ▇▇▇▇▇▇▇ Sachs Large Cap Value Fund, Goldman ▇▇▇▇▇ U.S. Tax-Managed Equity Fund, ▇▇▇▇▇▇▇ Sachs Growth Strategy Portfolio, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Dynamic Global Equity Fund, ▇▇▇▇▇▇▇ Sachs Balanced Strategy Portfolio, and ▇▇▇▇▇▇▇ ▇▇▇▇▇ Growth and Income Strategy Portfolio. | |
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| Institutional Shares: | ▇▇▇▇▇▇▇ Sachs Strategic Volatility Premium Fund, Goldman ▇▇▇▇▇ Global Environmental Impact Equity Fund, ▇▇▇▇▇▇▇ Sachs Clean Energy Income Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Defensive Equity Fund, ▇▇▇▇▇▇▇ Sachs Income Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ ESG Emerging Markets Equity Fund, ▇▇▇▇▇▇▇ Sachs Small Cap Growth Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Energy Infrastructure Fund, Goldman Sachs Strategic Factor Allocation Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Financial Square Federal Instruments Fund, ▇▇▇▇▇▇▇ Sachs Global Real Estate Securities Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Global Infrastructure Fund, ▇▇▇▇▇▇▇ Sachs Focused Value Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Investor Money Market Fund, Goldman Sachs Global Managed Beta Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Tactical Tilt Overlay Fund, ▇▇▇▇▇▇▇ Sachs Small/Mid Cap Value Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Short-Term Conservative Income Fund, ▇▇▇▇▇▇▇ Sachs Long Short Credit Strategies Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ MLP Energy Infrastructure Fund, Goldman Sachs Short Duration Income Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Rising Dividend Growth Fund, ▇▇▇▇▇▇▇ Sachs Managed Futures Strategy Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ High Yield Floating Rate Fund, Goldman Sachs Imprint Emerging Markets Opportunities Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Strategic Income Fund, ▇▇▇▇▇▇▇ Sachs Alternative Premia Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ U.S. Equity ESG Fund, ▇▇▇▇▇▇▇ Sachs Flexible Cap Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Local Emerging Markets Debt Fund, ▇▇▇▇▇▇▇ Sachs Absolute Return Tracker Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Inflation Protected Securities Fund, ▇▇▇▇▇▇▇ Sachs Tax-Advantaged Global Equity Portfolio, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Enhanced Dividend Global Equity Portfolio, ▇▇▇▇▇▇▇ Sachs International Tax-Managed Equity Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ International Small Cap Insights Fund, ▇▇▇▇▇▇▇ Sachs Emerging Markets Equity Insights Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ International Equity Dividend and Premium Fund, ▇▇▇▇▇▇▇ Sachs Satellite Strategies Portfolio, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Small Cap Value Insights Fund, ▇▇▇▇▇▇▇ Sachs Small Cap Growth Insights Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ International Equity Income Fund, ▇▇▇▇▇▇▇ Sachs Commodity Strategy Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Bond Fund, ▇▇▇▇▇▇▇ Sachs International Real Estate Securities Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ U.S. Equity Dividend and Premium Fund, ▇▇▇▇▇▇▇ Sachs Small/Mid Cap Growth Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ U.S. Mortgages Fund, ▇▇▇▇▇▇▇ Sachs Investment Grade Credit Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Emerging Markets Debt Fund, ▇▇▇▇▇▇▇ Sachs High Quality Floating Rate Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Short Duration Government Fund, ▇▇▇▇▇▇▇ Sachs Short Duration Tax-Free Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Government Income Fund, ▇▇▇▇▇▇▇ Sachs Dynamic Municipal Income Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Core Fixed Income Fund, ▇▇▇▇▇▇▇ Sachs High Yield Municipal Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Global Core Fixed Income Fund, ▇▇▇▇▇▇▇ Sachs High Yield Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Enhanced Income Fund, ▇▇▇▇▇▇▇ Sachs Income Builder Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Small Cap Value Fund, ▇▇▇▇▇▇▇ Sachs Concentrated Growth Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Capital Growth Fund, Goldman Sachs Cap Large Growth Insights Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ U.S. Equity Insights Fund, ▇▇▇▇▇▇▇ Sachs Small Cap Equity Insights Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ International Equity Insights Fund, ▇▇▇▇▇▇▇ Sachs Equity Income Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Mid Cap Value Fund, ▇▇▇▇▇▇▇ Sachs International Equity ESG Fund, Goldman ▇▇▇▇▇ Emerging Markets Equity Fund, ▇▇▇▇▇▇▇ Sachs China Equity Fund, Goldman ▇▇▇▇▇ Real Estate Securities Fund, ▇▇▇▇▇▇▇ Sachs Large Cap Value Insights Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Growth Opportunities Fund, ▇▇▇▇▇▇▇ Sachs Strategic Growth Fund, Goldman ▇▇▇▇▇ Technology Opportunities Fund, ▇▇▇▇▇▇▇ Sachs Large Cap Value Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ U.S. Tax-Managed Equity Fund, ▇▇▇▇▇▇▇ Sachs Financial Square Prime Obligations Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Financial Square Government Fund, ▇▇▇▇▇▇▇ Sachs Financial Square Treasury Obligations Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Financial Square Money Market Fund, ▇▇▇▇▇▇▇ Sachs Investor Tax-Exempt Money Market Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Financial Square Treasury Solutions Fund, ▇▇▇▇▇▇▇ Sachs Financial Square Treasury Instruments Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Growth Strategy Portfolio, ▇▇▇▇▇▇▇ Sachs Dynamic Global Equity Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Balanced Strategy Portfolio, and ▇▇▇▇▇▇▇ Sachs Growth and Income Strategy Portfolio. | |
| Service Shares: | ▇▇▇▇▇▇▇ ▇▇▇▇▇ Financial Square Federal Instruments Fund, ▇▇▇▇▇▇▇ Sachs Investor Money Market Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Bond Fund, ▇▇▇▇▇▇▇ Sachs Small/Mid Cap Growth Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ High Quality Floating Rate Fund, ▇▇▇▇▇▇▇ Sachs Short Duration Government Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Short Duration Tax-Free Fund, ▇▇▇▇▇▇▇ Sachs Government Income Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Dynamic Municipal Income Fund, ▇▇▇▇▇▇▇ Sachs Core Fixed Income Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ High Yield Municipal Fund, ▇▇▇▇▇▇▇ Sachs Global Core Fixed Income Fund, Goldman ▇▇▇▇▇ High Yield Fund, ▇▇▇▇▇▇▇ Sachs Small Cap Value Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Capital Growth Fund, ▇▇▇▇▇▇▇ Sachs U.S. Equity Insights Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Large Cap Growth Insights Fund, ▇▇▇▇▇▇▇ Sachs Small Cap Equity Insights Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ International Equity Insights Fund, ▇▇▇▇▇▇▇ Sachs Equity Income Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Mid Cap Value Fund, ▇▇▇▇▇▇▇ Sachs International Equity ESG Fund, Goldman ▇▇▇▇▇ Emerging Markets Equity Fund, ▇▇▇▇▇▇▇ Sachs China Equity Fund, Goldman ▇▇▇▇▇ Real Estate Securities Fund, ▇▇▇▇▇▇▇ Sachs Large Cap Value Insights Fund, Goldman ▇▇▇▇▇ | |
4
| Strategic Growth Fund, ▇▇▇▇▇▇▇ Sachs Growth Opportunities Fund, Goldman ▇▇▇▇▇ Technology Opportunities Fund, ▇▇▇▇▇▇▇ Sachs Large Cap Value Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ U.S. Tax-Managed Equity Fund, ▇▇▇▇▇▇▇ Sachs Financial Square Prime Obligations Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Financial Square Government Fund, ▇▇▇▇▇▇▇ Sachs Financial Square Treasury Obligations Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Financial Square Money Market Fund, ▇▇▇▇▇▇▇ Sachs Investor Tax-Exempt Money Market Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Financial Square Treasury Solutions Fund, ▇▇▇▇▇▇▇ Sachs Financial Square Treasury Instruments Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Growth Strategy Portfolio, ▇▇▇▇▇▇▇ Sachs Dynamic Global Equity Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Balanced Strategy Portfolio, ▇▇▇▇▇▇▇ Sachs Growth and Income Strategy Portfolio, and ▇▇▇▇▇▇▇ ▇▇▇▇▇ Satellite Strategies Portfolio. | ||
| Administration Shares: | ▇▇▇▇▇▇▇ Sachs Financial Square Federal Instruments Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Investor Money Market Fund, ▇▇▇▇▇▇▇ Sachs Short-Term Conservative Income Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Financial Square Prime Obligations Fund, ▇▇▇▇▇▇▇ Sachs Financial Square Government Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Financial Square Treasury Obligations Fund, ▇▇▇▇▇▇▇ Sachs Financial Square Money Market Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Investor Tax-Exempt Money Market Fund, ▇▇▇▇▇▇▇ Sachs Financial Square Treasury Solutions Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Financial Square Treasury Instruments Fund, and ▇▇▇▇▇▇▇ Sachs Enhanced Income Fund. | |
| Preferred Administration Shares: | ▇▇▇▇▇▇▇ ▇▇▇▇▇ Financial Square Federal Instruments Fund, ▇▇▇▇▇▇▇ Sachs Investor Money Market Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Financial Square Prime Obligations Fund, ▇▇▇▇▇▇▇ Sachs Financial Square Government Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Financial Square Treasury Obligations Fund, ▇▇▇▇▇▇▇ Sachs Financial Square Money Market Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Investor Tax-Exempt Money Market Fund, ▇▇▇▇▇▇▇ Sachs Financial Square Treasury Solutions Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Financial Square Treasury Instruments Fund, and ▇▇▇▇▇▇▇ Sachs Short-Term Conservative Income Fund. | |
| Cash Management Shares: | ▇▇▇▇▇▇▇ ▇▇▇▇▇ Financial Square Federal Instruments Fund, ▇▇▇▇▇▇▇ Sachs Investor Money Market Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Financial Square Treasury Solutions Fund, ▇▇▇▇▇▇▇ Sachs Financial Square Money Market Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Financial Square Prime Obligations Fund, ▇▇▇▇▇▇▇ Sachs Financial Square Government Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Investor Tax-Exempt Money Market Fund, ▇▇▇▇▇▇▇ Sachs Financial Square Treasury Instruments Fund and ▇▇▇▇▇▇▇ ▇▇▇▇▇ Financial Square Treasury Obligations Fund. | |
| Select Shares: | ▇▇▇▇▇▇▇ Sachs Financial Square Federal Instruments Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Investor Money Market Fund, ▇▇▇▇▇▇▇ Sachs Financial Square Prime Obligations Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Financial Square Government Fund, ▇▇▇▇▇▇▇ Sachs Financial Square Treasury Obligations Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Financial Square Money Market Fund, ▇▇▇▇▇▇▇ Sachs Investor Tax-Exempt Money Market Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Financial Square Treasury Solutions Fund, and ▇▇▇▇▇▇▇ Sachs Financial Square Treasury Instruments Fund. | |
| Capital Shares: | ▇▇▇▇▇▇▇ ▇▇▇▇▇ Financial Square Federal Instruments Fund, ▇▇▇▇▇▇▇ Sachs Investor Money Market Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Financial Square Prime Obligations Fund, ▇▇▇▇▇▇▇ Sachs Financial Square Government Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Financial Square Treasury Obligations Fund, ▇▇▇▇▇▇▇ Sachs Financial Square Money Market Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Investor Tax-Exempt Money Market Fund, ▇▇▇▇▇▇▇ Sachs Financial Square Treasury Solutions Fund, and ▇▇▇▇▇▇▇ ▇▇▇▇▇ Financial Square Treasury Instruments Fund. | |
| Separate Account Institutional Shares: |
▇▇▇▇▇▇▇ Sachs U.S. Mortgages Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Investment Grade Credit Fund, and Goldman Sachs Municipal Income Completion Fund. | |
| Class R Shares: | Goldman ▇▇▇▇▇ Global Environmental Impact Equity Fund, ▇▇▇▇▇▇▇ Sachs Clean Energy Income Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Defensive Equity Fund, ▇▇▇▇▇▇▇ Sachs Income Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ ESG Emerging Markets Equity Fund, ▇▇▇▇▇▇▇ Sachs Small Cap Growth Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Energy Infrastructure Fund, ▇▇▇▇▇▇▇ Sachs Global Real Estate Securities Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Global Infrastructure Fund, ▇▇▇▇▇▇▇ Sachs Focused Value Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Emerging Markets Equity | |
5
| Insights Fund, ▇▇▇▇▇▇▇ Sachs Small/Mid Cap Value Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Long Short Credit Strategies Fund, ▇▇▇▇▇▇▇ Sachs MLP Energy Infrastructure Fund, Goldman ▇▇▇▇▇ Short Duration Income Fund, ▇▇▇▇▇▇▇ Sachs Rising Dividend Growth Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Managed Futures Strategy Fund, ▇▇▇▇▇▇▇ Sachs High Yield Floating Rate Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Strategic Income Fund, ▇▇▇▇▇▇▇ Sachs Strategic Growth Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Mid Cap Value Fund, ▇▇▇▇▇▇▇ Sachs Flexible Cap Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Large Cap Value Fund, ▇▇▇▇▇▇▇ Sachs Equity Income Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Small Cap Value Fund, Goldman Sachs Concentrated Growth Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Capital Growth Fund, ▇▇▇▇▇▇▇ Sachs Growth Opportunities Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Small/Mid Cap Growth Fund, ▇▇▇▇▇▇▇ Sachs U.S. Equity Insights Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Large Cap Value Insights Fund, ▇▇▇▇▇▇▇ Sachs Large Cap Growth Insights Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Small Cap Equity Insights Fund, ▇▇▇▇▇▇▇ Sachs Small Cap Value Insights Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Small Cap Growth Insights Fund, ▇▇▇▇▇▇▇ Sachs International Equity Insights Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ International Equity Income Fund, ▇▇▇▇▇▇▇ Sachs Balanced Strategy Portfolio, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Growth and Income Strategy Portfolio, ▇▇▇▇▇▇▇ Sachs Growth Strategy Portfolio, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Dynamic Global Equity Fund, Goldman Sachs Satellite Strategies Portfolio, Goldman ▇▇▇▇▇ Real Estate Securities Fund, ▇▇▇▇▇▇▇ Sachs Commodity Strategy Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Government Income Fund, ▇▇▇▇▇▇▇ Sachs Core Fixed Income Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Bond Fund, ▇▇▇▇▇▇▇ Sachs High Yield Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Inflation Protected Securities Fund, ▇▇▇▇▇▇▇ Sachs Absolute Return Tracker Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Alternative Premia Fund, and ▇▇▇▇▇▇▇ Sachs U.S. Equity ESG Fund. | ||
| Investor Shares: | Goldman ▇▇▇▇▇ Global Environmental Impact Equity Fund, ▇▇▇▇▇▇▇ Sachs Clean Energy Income Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Defensive Equity Fund, ▇▇▇▇▇▇▇ Sachs Income Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Short-Term Conservative Income Fund, ▇▇▇▇▇▇▇ Sachs ESG Emerging Markets Equity Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Small Cap Growth Fund, ▇▇▇▇▇▇▇ Sachs Energy Infrastructure Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Global Real Estate Securities Fund, ▇▇▇▇▇▇▇ Sachs Global Infrastructure Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Focused Value Fund, ▇▇▇▇▇▇▇ Sachs China Equity Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Small/Mid Cap Value Fund, ▇▇▇▇▇▇▇ Sachs Long Short Credit Strategies Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ MLP Energy Infrastructure Fund, Goldman Sachs Short Duration Income Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Rising Dividend Growth Fund, ▇▇▇▇▇▇▇ Sachs Managed Futures Strategy Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ High Yield Floating Rate Fund, Goldman Sachs Imprint Emerging Markets Opportunities Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Strategic Income Fund, ▇▇▇▇▇▇▇ Sachs Strategic Growth Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Flexible Cap Fund, ▇▇▇▇▇▇▇ Sachs Large Cap Value Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Equity Income Fund, ▇▇▇▇▇▇▇ Sachs Mid Cap Value Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Small Cap Value Fund, Goldman Sachs Concentrated Growth Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Capital Growth Fund, ▇▇▇▇▇▇▇ Sachs Growth Opportunities Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Small/Mid Cap Growth Fund, ▇▇▇▇▇▇▇ Sachs U.S. Equity Insights Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Large Cap Value Insights Fund, ▇▇▇▇▇▇▇ Sachs Large Cap Growth Insights Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Small Cap Equity Insights Fund, ▇▇▇▇▇▇▇ Sachs Small Cap Value Insights Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Small Cap Growth Insights Fund, ▇▇▇▇▇▇▇ Sachs International Equity Insights Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ International Equity Income Fund, ▇▇▇▇▇▇▇ Sachs Balanced Strategy Portfolio, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Growth and Income Strategy Portfolio, Goldman Sachs Growth Strategies Portfolio, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Dynamic Global Equity Fund, Goldman Sachs Income Strategy Portfolio, Goldman ▇▇▇▇▇ Satellite Strategies Portfolio, Goldman Sachs Real Estate Securities Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ International Real Estate Securities Fund, ▇▇▇▇▇▇▇ Sachs Commodity Strategy Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Government Income Fund, ▇▇▇▇▇▇▇ Sachs Core Fixed Income Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ High Quality Floating Rate Fund, ▇▇▇▇▇▇▇ Sachs Short Duration Government Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Bond Fund, ▇▇▇▇▇▇▇ Sachs High Yield Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Inflation Protected Securities Fund, ▇▇▇▇▇▇▇ Sachs Absolute Return Tracker Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Alternative Premia Fund, ▇▇▇▇▇▇▇ Sachs U.S. Equity ESG Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ International Equity ESG Fund, ▇▇▇▇▇▇▇ Sachs Emerging Markets Equity Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Technology Opportunities Fund, ▇▇▇▇▇▇▇ Sachs U.S. Tax-Managed Equity Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ International Tax-Managed Equity Fund, ▇▇▇▇▇▇▇ Sachs Emerging Markets Equity Insights Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ International Small Cap Insights Fund, ▇▇▇▇▇▇▇ Sachs Income Builder Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ U.S. Equity Dividend and Premium Fund, ▇▇▇▇▇▇▇ Sachs International Equity Dividend and Premium Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Enhanced Income Fund, ▇▇▇▇▇▇▇ Sachs Short Duration Tax-Free Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Dynamic Municipal Income Fund, ▇▇▇▇▇▇▇ Sachs High Yield Municipal Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ U.S. Mortgages Fund, ▇▇▇▇▇▇▇ Sachs Investment Grade Credit Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Emerging Markets Debt Fund, ▇▇▇▇▇▇▇ Sachs Local Emerging Markets Debt Fund, and ▇▇▇▇▇▇▇ ▇▇▇▇▇ Global Core Fixed Income Fund. | |
6
| Premier Shares: | ▇▇▇▇▇▇▇ Sachs Financial Square Federal Instruments Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Investor Money Market Fund, ▇▇▇▇▇▇▇ Sachs Financial Square Treasury Solutions Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Financial Square Money Market Fund, ▇▇▇▇▇▇▇ Sachs Financial Square Prime Obligations Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Financial Square Government Fund, ▇▇▇▇▇▇▇ Sachs Investor Tax-Exempt Money Market Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Financial Square Treasury Instruments Fund, and ▇▇▇▇▇▇▇ Sachs Financial Square Treasury Obligations Fund. | |
| Resource Shares: |
▇▇▇▇▇▇▇ ▇▇▇▇▇ Investor Money Market Fund, ▇▇▇▇▇▇▇ Sachs Financial Square Treasury Solutions Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Financial Square Money Market Fund, ▇▇▇▇▇▇▇ Sachs Financial Square Prime Obligations Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Financial Square Government Fund, ▇▇▇▇▇▇▇ Sachs Investor Tax-Exempt Money Market Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Financial Square Treasury Instruments Fund, and ▇▇▇▇▇▇▇ Sachs Financial Square Treasury Obligations Fund. | |
| Class R6 Shares: | ▇▇▇▇▇▇▇ ▇▇▇▇▇ Global Environmental Impact Equity Fund, ▇▇▇▇▇▇▇ Sachs Clean Energy Income Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Defensive Equity Fund, ▇▇▇▇▇▇▇ Sachs Income Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ ESG Emerging Markets Equity Fund, ▇▇▇▇▇▇▇ Sachs Small Cap Growth Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ China Equity Fund, ▇▇▇▇▇▇▇ Sachs Dynamic Municipal Income Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Enhanced Dividend Global Equity Portfolio, ▇▇▇▇▇▇▇ Sachs High Yield Floating Rate Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ High Yield Municipal Fund, ▇▇▇▇▇▇▇ Sachs International Equity Dividend and Premium Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ International Tax-Managed Equity Fund, ▇▇▇▇▇▇▇ Sachs Local Emerging Markets Debt Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Long Short Credit Strategies Fund, ▇▇▇▇▇▇▇ Sachs Global Managed Beta Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Managed Futures Strategy Fund, ▇▇▇▇▇▇▇ Sachs MLP Energy Infrastructure Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Imprint Emerging Markets Opportunities Fund, ▇▇▇▇▇▇▇ Sachs Rising Dividend Growth Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Short Duration Tax-Free Fund, ▇▇▇▇▇▇▇ Sachs Strategic Factor Allocation Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Tactical Tilt Overlay Fund, ▇▇▇▇▇▇▇ Sachs Tax-Advantaged Global Equity Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Technology Opportunities Fund, ▇▇▇▇▇▇▇ Sachs U.S. Equity Dividend and Premium Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ U.S. Tax-Managed Equity Fund, ▇▇▇▇▇▇▇ Sachs Energy Infrastructure Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Global Real Estate Securities Fund, ▇▇▇▇▇▇▇ Sachs Global Infrastructure Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Focused Value Fund, ▇▇▇▇▇▇▇ Sachs Absolute Return Tracker Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ International Real Estate Securities Fund, ▇▇▇▇▇▇▇ Sachs Balanced Strategy Portfolio, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Bond Fund, ▇▇▇▇▇▇▇ Sachs International Small Cap Insights Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Capital Growth Fund, ▇▇▇▇▇▇▇ Sachs Investment Grade Credit Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Commodity Strategy Fund, ▇▇▇▇▇▇▇ Sachs Investor Money Market Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Concentrated Growth Fund, ▇▇▇▇▇▇▇ Sachs Large Cap Growth Insights Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Core Fixed Income Fund, ▇▇▇▇▇▇▇ Sachs Large Cap Value Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Alternative Premia Fund, ▇▇▇▇▇▇▇ Sachs Large Cap Value Insights Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Emerging Markets Debt Fund, ▇▇▇▇▇▇▇ Sachs Short-Term Conservative Income Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Emerging Markets Equity Fund, ▇▇▇▇▇▇▇ Sachs Mid Cap Value Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Emerging Markets Equity Insights Fund, ▇▇▇▇▇▇▇ Sachs Enhanced Income Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Real Estate Securities Fund, ▇▇▇▇▇▇▇ Sachs Dynamic Global Equity Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Financial Square Government Fund, ▇▇▇▇▇▇▇ Sachs Satellite Strategies Portfolio, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Flexible Cap Fund, ▇▇▇▇▇▇▇ Sachs Short Duration Government Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Short Duration Income Fund, ▇▇▇▇▇▇▇ Sachs International Equity ESG Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Small Cap Equity Insights Fund, ▇▇▇▇▇▇▇ Sachs Global Core Fixed Income Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Small Cap Growth Insights Fund, ▇▇▇▇▇▇▇ Sachs Government Income Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Small Cap Value Fund, ▇▇▇▇▇▇▇ Sachs Growth & Income Strategy Portfolio, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Small Cap Value Insights Fund, ▇▇▇▇▇▇▇ Sachs Equity Income Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Small/Mid Cap Growth Fund, ▇▇▇▇▇▇▇ Sachs Growth Opportunities Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Small/Mid Cap Value Fund, ▇▇▇▇▇▇▇ Sachs Growth Strategy Portfolio, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Strategic Growth Fund, ▇▇▇▇▇▇▇ Sachs High Quality Floating Rate Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Strategic Income Fund, ▇▇▇▇▇▇▇ Sachs High Yield Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ International Equity Income Fund, ▇▇▇▇▇▇▇ Sachs Income Builder Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ U.S. Equity ESG Fund, ▇▇▇▇▇▇▇ Sachs Inflation Protected Securities Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ U.S. Equity Insights Fund, ▇▇▇▇▇▇▇ Sachs International Equity Insights Fund, and ▇▇▇▇▇▇▇ ▇▇▇▇▇ U.S. Mortgages Fund. | |
7
| Class P Shares: | ▇▇▇▇▇▇▇ Sachs Strategic Volatility Premium Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Global Environmental Impact Equity Fund, ▇▇▇▇▇▇▇ Sachs Clean Energy Income Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Defensive Equity Fund, ▇▇▇▇▇▇▇ Sachs Income Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ ESG Emerging Markets Equity Fund, ▇▇▇▇▇▇▇ Sachs Absolute Return Tracker Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Alternative Premia Fund, ▇▇▇▇▇▇▇ Sachs China Equity Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Balanced Strategy Portfolio, ▇▇▇▇▇▇▇ Sachs U.S. Equity ESG Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Bond Fund, ▇▇▇▇▇▇▇ Sachs Capital Growth Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Commodity Strategy Fund, ▇▇▇▇▇▇▇ Sachs Concentrated Growth Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Core Fixed Income Fund, ▇▇▇▇▇▇▇ Sachs Dynamic Municipal Income Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Emerging Markets Debt Fund, ▇▇▇▇▇▇▇ Sachs Emerging Markets Equity Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Emerging Markets Equity Insights Fund, ▇▇▇▇▇▇▇ Sachs Enhanced Dividend Global Equity Portfolio, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Enhanced Income Fund, ▇▇▇▇▇▇▇ Sachs Dynamic Global Equity Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Equity Income Fund, ▇▇▇▇▇▇▇ Sachs Financial Square Government Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Flexible Cap Fund, ▇▇▇▇▇▇▇ Sachs International Equity ESG Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Focused Value Fund, ▇▇▇▇▇▇▇ Sachs Global Core Fixed Income Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Global Infrastructure Fund, ▇▇▇▇▇▇▇ Sachs Global Real Estate Securities Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Government Income Fund, ▇▇▇▇▇▇▇ Sachs Growth and Income Strategy Portfolio, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Growth Opportunities Fund, ▇▇▇▇▇▇▇ Sachs Growth Strategy Portfolio, ▇▇▇▇▇▇▇ ▇▇▇▇▇ High Quality Floating Rate Fund, ▇▇▇▇▇▇▇ Sachs High Yield Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ High Yield Floating Rate Fund, ▇▇▇▇▇▇▇ Sachs High Yield Municipal Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Income Builder Fund, ▇▇▇▇▇▇▇ Sachs Inflation Protected Securities Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ International Equity Dividend and Premium Fund, ▇▇▇▇▇▇▇ Sachs International Equity Insights Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ International Real Estate Securities Fund, ▇▇▇▇▇▇▇ Sachs International Small Cap Insights Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ International Tax-Managed Equity Fund, ▇▇▇▇▇▇▇ Sachs Investment Grade Credit Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Large Cap Growth Insights Fund, ▇▇▇▇▇▇▇ Sachs Large Cap Value Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Large Cap Value Insights Fund, ▇▇▇▇▇▇▇ Sachs Local Emerging Markets Debt Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Long Short Credit Strategies Fund, ▇▇▇▇▇▇▇ Sachs Managed Futures Strategy Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Mid Cap Value Fund, ▇▇▇▇▇▇▇ Sachs Energy Infrastructure Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ MLP Energy Infrastructure Fund, ▇▇▇▇▇▇▇ Sachs Imprint Emerging Markets Opportunities Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Real Estate Securities Fund, ▇▇▇▇▇▇▇ Sachs Rising Dividend Growth Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Satellite Strategies Portfolio, ▇▇▇▇▇▇▇ Sachs Short Duration Government Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Short Duration Income Fund, ▇▇▇▇▇▇▇ Sachs Short Duration Tax-Free Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Short-Term Conservative Income Fund, ▇▇▇▇▇▇▇ Sachs Small Cap Equity Insights Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Small Cap Growth Fund, ▇▇▇▇▇▇▇ Sachs Small Cap Growth Insights Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Small Cap Value Fund, ▇▇▇▇▇▇▇ Sachs Small Cap Value Insights Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Small/Mid Cap Growth Fund, ▇▇▇▇▇▇▇ Sachs Small/Mid Cap Value Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Strategic Factor Allocation Fund, ▇▇▇▇▇▇▇ Sachs Strategic Growth Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Strategic Income Fund, ▇▇▇▇▇▇▇ Sachs International Equity Income Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Tactical Tilt Overlay Fund, ▇▇▇▇▇▇▇ Sachs Tax-Advantaged Global Equity Portfolio, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Technology Opportunities Fund, ▇▇▇▇▇▇▇ Sachs U.S. Equity Dividend and Premium Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ U.S. Equity Insights Fund, ▇▇▇▇▇▇▇ Sachs U.S. Mortgages Fund and ▇▇▇▇▇▇▇ ▇▇▇▇▇ U.S. Tax-Managed Equity Fund. | |
| ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Class Shares: | ▇▇▇▇▇▇▇ ▇▇▇▇▇ Financial Square Government Fund and ▇▇▇▇▇▇▇ Sachs Financial Square Prime Obligations Fund. | |
8
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| as Trustee and not individually | as Trustee and not individually | |||
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| ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ | ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ | |||
| as Trustee and not individually | as Trustee and not individually | |||
| /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇ |
/s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ | |||
| ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇ | ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ | |||
| as Trustee and not individually | as Trustee and not individually | |||
| /s/ ▇▇▇ ▇. ▇▇▇▇▇▇▇ |
/s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ | |||
| ▇▇▇ ▇. ▇▇▇▇▇▇▇ | ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ | |||
| as Trustee and not individually | as Trustee and not individually | |||
9