Goldman Sachs GQG Partners International Opportunities Fund Class R6 Shares
GSIYX
NASDAQ- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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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
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- New York, NY 10282 New York NY United States of America 10282
- IPO Date
- Dec 15, 2016
- CIK
- 0001557156
- Website
- am.gs.com
- Similar Companies
- Business
- Goldman Sachs GQG Partners International Opportunities Fund Class R6 Shares (GSIYX) is a mutual fund that seeks long-term capital appreciation by investing primarily in equity securities of non-U.S. issuers economically tied to countries outside the United States. The Fund offers exposure to common stocks, preferred stocks, convertible securities, warrants, rights, American and global depositary receipts, participation notes, and derivatives for market access; it may also allocate to other investment companies including ETFs and PTPs, fixed income securities such as government, corporate, and bank debt obligations, and forward foreign currency contracts for hedging or investment purposes. Launched on December 15, 2016, the Fund is sub-advised by GQG Partners LLC, founded in 2016 and headquartered in Fort Lauderdale, Florida, with Goldman Sachs Asset Management, L.P. serving as the adviser; it operates within the Foreign Large Growth category, targeting large-cap blend-style equities across at least three non-U.S. countries including emerging markets, with a portfolio turnover of 88% for the fiscal year ended October 31, 2024, and net expense ratio of 0.75% for Class R6 shares. The Fund distributes shares across multiple classes including Class A (GSIHX), Class C (GSILX), Institutional (GSIMX), Investor (GSINX), Class R (GSIQX), and Class R6 (GSIYX), available to institutional investors, financial professionals, and individuals through intermediaries in the United States. In recent developments, the Fund identified and is remediating a NAV calculation error stemming from overstated net assets due to improper accrual of foreign capital gains taxes on Indian securities, affecting transactions from December 5, 2023, through December 11, 2024; remediation involves issuing approximately 8 million additional shares valued at $167 million and recovering $69 million in overdistributed redemption proceeds as of March 2025, with potential NAV impacts pending final adjustments. GQG Partners, the sub-adviser, reported record assets under management growth to $172.4 billion by mid-2025 amid market volatility, doubling net flows to $20.2 billion in 2024 and launching private capital solutions including a $145 million initial fund, reflecting strategic expansion beyond public equities. Portfolio management remains led by Rajiv Jain since inception, alongside Brian Kersmanc since 2019, Sudarshan Murthy since 2022, and Siddharth Jain since 2024.