Goldman Sachs Short Dur Govt Instl  GSTGX
  Morningstar Report
Overall Morningstar
Rating™
What is this?
As of 2009-10-31
Out of
Short Government Funds
Rating derived from a weighted average of the fund's 3, 5, 10-year rating which are based on risk-adjusted performance.
Morningstar®
Style Box™
What is this?
   Avg Duration
   1.96 Yrs
   Avg Credit Quality
   AAA
As of 2009-09-30
Day Change
$ 0.00
  
NAV (2009-11-20)
$ 10.50
  
YTD Return % (2009-11-20)
4.49%
  
Total Assets ($ mil)
3,385
View Data Definitions
  Performance    
Growth of $10,000 Fund: Goldman Sachs Short Dur Govt Instl
(from 1999-01-01 to 2009-10-31) Category: Short Government
Index: BarCap US Agg Bond TR USD
Total Annualized Returns % 1yr, 3yr and 5yr Returns as of 2009-11-20
Inception date: 1988-08-15 10yr and Inception Returns as of 2009-10-31
YTD Returns as of 2009-11-20
YTD 1 Year 3 Year 5 Year 10 Year Since Inception
Fund 4.49 6.83 6.83 5.15 5.35 6.09
+/- Category 1.07 0.65 1.86 1.35 0.95 ---
+/- BarCap US Agg Bond TR USD -2.42 -5.66 0.38 -0.12 --- ---
Standardized Annual Returns %   more on standardized returns
Quarter-End (as of 2009-09-30) 3.61 7.20 6.70 5.00 5.34 6.10
Month-End (as of 2009-10-31) 4.09 7.47 6.74 5.02 5.35 6.09
After Tax Returns % (as of 2009-09-30 )  
On Distribution --- 6.45 5.37 3.71 3.71 ---
On Distribution & Sale of Shares --- 4.94 4.96 3.52 3.58 ---
Morningstar Rating --- --- ---
# of compared funds covered (3 yrs : out of 150 funds), (5 yrs : out of 145 funds), (10 yrs : out of 109 funds). Ratings are based on risk-adjusted performance. The maximum initial sales fee is none, the maximum deferred sales fee is none, and the maximum redemption sales fee is none.
The performance quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate thus an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted herein.
  Portfolio Profile    
Sector Breakdown %
US Government 59.15
US Treasuries 39.74
TIPS 1.35
US Agency 18.07
Mortgage 20.68
Mortgage Pass-Thru 17.94
Mortgage CMO 2.74
Mortgage ARM 0.00
Credit 9.82
US Corporate 9.82
Asset-Backed 0.00
Convertible 0.00
Municipal 0.00
Corporate Inflation-Protected 0.00
Foreign 0.00
Foreign Corp 0.00
Foreign Govt 0.00
Cash 10.35
Bond Quality % of Bonds
AAA 100.0
AA 0.0
A 0.0
BBB 0.0
BB 0.0
B 0.0
Below B 0.0
Not Rated 0.0
 
Asset Allocation
% of Net Assets
Cash 12.5
Stocks 0.0
Bonds 86.4
Other 1.2
Foreign Stocks 0.0
(as a % of Assets)
Data through 2009-09-30 Data through 2009-09-30
 
Holding Status
Total Number of Stock Holdings Turnover % 308
Total Number of Bond Holdings 736 30 Day SEC Yield % 1.44
% of Assets in Top 10 Holdings 55.47 ending as of 2009-09-30
View Data Definitions
Top 10 Holdings Maturity
Date		 Amount
$000		 Value
$000		 % of Net
Assets
US Treasury Bond (Fut) 2009-12-31 1,589,200 1,724,034 38.76
FHLMC 2.05% 2011-03-09 119,300 120,083 2.70
FHLMC 2.125% 2012-09-21 98,400 99,654 2.24
United States Treas Nts 1% 2011-09-30 92,500 92,572 2.08
FHLMC 2% 2011-03-16 89,000 89,526 2.01
Gmac 2.2% 2012-12-19 72,200 72,971 1.64
Ir200599 Irs Usd R F 4.95500 2017-08-13 69,500 71,854 1.62
Citigroup Inc Fdic Gtd Tlgp 2.125% 2012-04-30 65,000 65,920 1.48
US Treasury Bond (Fut) 2009-12-21 55,500 65,672 1.48
FHLMC 2011-07-27 64,400 64,856 1.46
Data through 2009-09-30
  Other Information
Fund Inception: 1988-08-15
Portfolio Manager  (Start Date)
James McCarthy  (1995-12-31)
McCarthy is managing director and portfolio manager with Goldman Sachs Asset Management, his employer since 1995. Prior to that, he worked for four at Nomura Securities where he was an assistant vice president and and adjustable rate mortgage trader.
Jonathan A. Beinner  (2000-12-31)
Jonathan Beinner is the Chief Investment Officer and Co-Head of US and Global Fixed Income at Goldman Sachs Asset Management (GSAM). He is a member of the Investment Management Division's operating group. Jonathan joined GSAM in 1990, and is responsible for overseeing over $200 billion in fixed income assets - including multi-sector portfolios, single-sector portfolios, and fixed income hedge funds. Jonathan is also responsible for overseeing GSAM's over $150 billion in money market assets. He was named a managing director in 1997 and a partner in 2004. Jonathan graduated summa cum laude and received two B.S. degrees from the University of Pennsylvania in 1988.
Tom Kenny  (2000-12-31)
Kenny is a manager director of GSAM and joined it in 1999 as a senior portfolio manager. Previously, he spent 13 years at Franklin Templeton where he was a portfolio manager of high yield municipal and municipal funds, director of Municipal Research and director of the Municipal Bond Department. He became Co-Head of the U.S. and Global Fixed Income Teams in 2002. Kenny holds the Chartered Financial Analyst designation.
Sales Charge %
(taken from prospectus dated 2009-07-29)
Front: None
Deferred: None
Expense Ratio % 0.52
based on net assets
(taken from annual report dated 2009-03-31)
Correspondence Information
180 Maiden Ln Fl 37

New York,  NY  100384925
Telephone:
800-621-2550
Data on this page does not include the fund's short positions (if any).
Show Data Definitions

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Past performance is no guarantee of future results.
Returns will vary and shares may be worth more or less than their original cost when sold.