Goldman Sachs Access Emerging Markets USD Bond ETF
GEMD
Chicago Board Options Exchange- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Clifford Elphick
- Full Time Employees
- 1,346
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 200 West Street New York NY United States of America 10282
- IPO Date
- Feb 18, 2022
- CIK
- 0001479026
- Website
- am.gs.com
- Similar Companies
- Business
- Goldman Sachs Access Emerging Markets USD Bond ETF (GEMD) is an exchange-traded fund that seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the FTSE Goldman Sachs Emerging Markets USD Bond Index. The fund invests at least 80% of its assets in U.S. dollar-denominated investment grade and high yield bonds issued by emerging market governments or quasi-government entities that meet liquidity, governance, and fundamental screening criteria, including import coverage and inflation metrics; it employs a representative sampling technique to track the rules-based index, which excludes issuers with deteriorating fundamentals to potentially reduce volatility. Holdings are diversified across sectors such as external sovereign (83.0%), external quasi-sovereign (14.3%), cash (1.7%), and other (1.0%), with regional allocations including Latin America (43.8%), Asia (18.4%), Central & Eastern Europe (13.6%), Middle East/Africa (22.2%), and North America (0.3%); top holdings feature bonds from issuers like Brazilian Govt, Mexican Govt, Philippine Govt, Chinese Govt, and Petroleos Mexicanos. As of late 2025, the fund maintains net assets of approximately $68 million, a total expense ratio of 0.39%, a 30-day SEC yield around 5.71%, weighted average maturity of 12.12 years, option-adjusted duration of 7.03 years, and 254 holdings primarily rated BBB and above. Launched on February 15, 2022, GEMD is part of the Goldman Sachs ETF Trust, managed by Goldman Sachs Asset Management, L.P., and listed on Cboe BZX; it is domiciled in the United States with no specified subsidiaries or parent company beyond the broader Goldman Sachs Group, Inc., headquartered at 200 West Street, New York, New York. The fund targets investors seeking exposure to emerging markets fixed income, including sovereign and quasi-sovereign debt from regions like Latin America, Asia, and emerging Europe, offering transparency and liquidity advantages over direct over-the-counter bond purchases. In recent developments, Goldman Sachs Asset Management has expanded its ETF lineup significantly, including the launch of the Goldman Sachs Emerging Markets Green and Social Bond Active UCITS ETF (GEMS) in June 2025, focusing on sustainable bonds in emerging markets to tap into climate-related investments projected to reach $23 trillion by 2030. On December 1, 2025, Goldman Sachs announced an agreement to acquire Innovator Capital Management for approximately $2 billion, adding $28 billion in assets across 159 defined outcome ETFs and positioning GSAM as a top ten active ETF provider, with the deal expected to close in Q2 2026. Earlier in 2025, GSAM introduced European fixed income ETFs and municipal bond strategies like GUMI and GMUB, bringing its total global ETF strategies to 68 as of December 2025.