Scheduled Distribution Dates for All Goldman Sachs Funds (excluding Money Markets)

Transcription

1 Scheduled Distribution Dates for All Goldman Sachs Funds (excluding Money Markets) Fixed Income Funds Net Investment Income Capital Gains Goldman Sachs Bond Fund Note 1 Note 2 Goldman Sachs Core Fixed Income Fund Note 1 Note 2 Goldman Sachs Long Short Credit Strategies Fund Note 1 Note 2 Goldman Sachs Dynamic Emerging Markets Debt Fund Note 1 Note 2 Goldman Sachs Emerging Markets Debt Fund Note 1 Note 2 Goldman Sachs Enhanced Income Fund Note 1 Note 2 Goldman Sachs Fixed Income Macro Strategies Fund Note 6a Note 2 Goldman Sachs Global Income Fund Note 1 Note 2 Goldman Sachs Government Income Fund Note 1 Note 2 Goldman Sachs High Quality Floating Rate Fund Note 1 Note 2 Goldman Sachs High Yield Fund Note 1 Note 2 Goldman Sachs High Yield Floating Rate Fund Note 1 Note 2 Goldman Sachs High Yield Municipal Fund Note 1 Note 2 Goldman Sachs Inflation Protected Securities Fund Note 1 Note 2 Goldman Sachs Investment Grade Credit Fund Note 1 Note 2 Goldman Sachs Limited Maturity Obligations Fund Note 1 Note 2 Goldman Sachs Local Emerging Markets Debt Fund Note 1 Note 2 Goldman Sachs Multi-Manager Non-Core Fixed Income Fund Note 1 Note 2 Goldman Sachs Dynamic Municipal Income Fund Note 1 Note 2 Goldman Sachs Short Duration Government Fund Note 1 Note 2 Goldman Sachs Short Duration Income Fund Note 1 Note 2 Goldman Sachs Short Duration Tax-Free Fund Note 1 Note 2 Goldman Sachs Strategic Income Fund Note 1 Note 2 Goldman Sachs U.S. Mortgages Fund Note 1 Note 2 Note 1: Distributions from net investment income are declared daily and paid monthly. Relevant dates for these distributions are as Daily Ex-Dividend Date: Daily Reinvest Date: If required, an additional net investment dividend will be declared and go Ex/Reinvest on December 28, 2015 to shareholders of record on December 24, 2015 and paid on December 29, Note 2: Distributions from capital gains, if any, will be paid in December. Relevant dates for these distributions are as December 14, 2015 (close of business) December 15, 2015 December 16, 2015

2 Equity Funds Net Investment Income Capital Gains Goldman Sachs Absolute Return Multi-Asset Fund Note 6a Note 5 Goldman Sachs Capital Growth Fund Note 6 Note 5 Goldman Sachs Concentrated Growth Fund Note 6 Note 5 Goldman Sachs Flexible Cap Growth Fund Note 6 Note 5 Goldman Sachs Focused Growth Fund Note 6 Note 5 Goldman Sachs Focused Value Fund Note 6 Note 5 Goldman Sachs Global Managed Beta Fund Note 6a Note 5 Goldman Sachs Growth and Income Fund Note 4 & 6 Note 5 Goldman Sachs Growth Opportunities Fund Note 6 Note 5 Goldman Sachs Income Builder Fund Note 3 Note 2 Goldman Sachs Large Cap Value Fund Note 6 Note 5 Goldman Sachs Long Short Fund Note 6a Note 5 Goldman Sachs Mid Cap Value Fund Note 6 Note 5 Goldman Sachs Multi-Asset Real Return Fund Note 4 & 6a Note 5 Goldman Sachs MLP Energy Infrastructure Fund 1 N/A N/A Goldman Sachs MLP Income Opportunities Fund 2 N/A N/A Goldman Sachs MLP and Energy Renaissance Fund 3 N/A N/A Goldman Sachs Multi-Manager Alternatives Fund Note 6a Note 5 Goldman Sachs Multi-Manager Global Equity Fund Note 6a Note 5 Goldman Sachs Multi-Manager Real Assets Strategy Fund Note 4 & 6a Note 5 Goldman Sachs Retirement Portfolio Completion Fund Note 6a Note 5 Goldman Sachs Rising Dividend Growth Fund Note 4 & 6 Note 5 Multi-Manager U.S. Dynamic Equity Fund Note 6a Note 5 Multi-Manager International Equity Fund Note 6a Note 5 Goldman Sachs Small Cap Value Fund Note 6 Note 5 Goldman Sachs Small/Mid-Cap Growth Fund Note 6 Note 5 Goldman Sachs Small/Mid Cap Value Fund Note 6 Note 5 Goldman Sachs Strategic Growth Fund Note 6 Note 5 Goldman Sachs Large Cap Growth Insights Fund Note 6 Note 5 Goldman Sachs Large Cap Value Insights Fund Note 4 & 6 Note 5 Goldman Sachs Small Cap Equity Insights Fund Note 6 Note 5 Goldman Sachs Small Cap Growth Insights Fund Note 6 Note 5 Goldman Sachs Small Cap Value Insights Fund Note 6 Note 5 Goldman Sachs U.S. Equity Insights Fund Note 6 Note 5 Goldman Sachs Technology Opportunities Fund Note 6 Note 5 Goldman Sachs Dynamic U.S. Equity Fund Note 6 Note 5 Goldman Sachs Absolute Return Tracker Fund Note 6a Note 5 Goldman Sachs Asia Equity Fund Note 7 Note 5 Goldman Sachs Commodity Strategy Fund Note 4a & 6a Note 5 Goldman Sachs Dynamic Allocation Fund Note 6a Note 5 Goldman Sachs Dynamic Commodity Strategy Fund Note 4a & 6a Note 5 Goldman Sachs Emerging Markets Equity Fund Note 7 Note 5 Goldman Sachs Emerging Markets Equity Insights Fund Note 7 Note 5 Goldman Sachs Focused International Equity Fund Note 7 Note 5 Goldman Sachs Global Real Estate Securities Fund Note 4 & 7 Note 5 Goldman Sachs International Equity Dividend and Premium Fund Note 4 & 7 Note 5 Goldman Sachs International Equity Insights Fund Note 7 Note 5 Goldman Sachs International Real Estate Securities Fund Note 4a & 7 Note 5 Goldman Sachs International Small Cap Fund Note 7 Note 5 Goldman Sachs International Small Cap Insights Fund Note 7 Note 5 Goldman Sachs International Tax-Managed Equity Fund Note 7 Note 5 Goldman Sachs Managed Futures Strategy Fund Note 7 Note 5 Goldman Sachs N-11 Equity Fund Note 6a Note 5 Goldman Sachs Real Estate Securities Fund Note 4 & 7 Note 5 Goldman Sachs Strategic International Equity Fund Note 7 Note 5 Goldman Sachs Tactical Tilt Implementation Fund Note 6a Note 5 Goldman Sachs U.S. Equity Dividend and Premium Fund Note 4 & 7 Note 5 Goldman Sachs U.S. Tax-Managed Equity Fund Note 7 Note 5 1. See Note 11 for additional information about the Goldman Sachs MLP Energy Infrastructure Fund s income payment 2. See Note 12 for additional information about the Goldman Sachs MLP Income Opportunities Fund s income payment Goldman Sachs Asset Management 2

3 3. See Note 13 for additional information about the Goldman Sachs MLP and Energy Renaissance Fund s income payment Note 3: Note 4: Note 4a: Distributions from net investment income are declared and paid monthly. Relevant dates for these distributions are as If required, any additional net investment dividend will be declared and paid with the Fund s December net investment income dividend. Distributions from net investment income are declared and paid each calendar quarter. For the first three quarters (i.e., March, June and September), the relevant dates for these distributions are as Distributions from net investment income are declared and paid semi-annually. The fund will follow the distribution schedule described in Note 4, with the exclusion of the March and September payments. Note 5: Note 6: Note 6a: Relevant dates for the Goldman Sachs Equity Funds calendar year-end distributions of capital gains are as December 9, 2015 (close of business) December 10, 2015 December 11, 2015 Relevant dates for the Goldman Sachs Equity Funds calendar year-end distributions of net investment income are as December 18, 2015 (close of business) December 21, 2015 December 22, 2015 Relevant net investment income distribution dates for these funds are as December 29, 2015 (close of business) December 30, 2015 December 31, 2015 Note 7: Relevant dates for the Goldman Sachs Equity Funds calendar year-end distributions of net investment income are as December 22, 2015 (close of business) December 23, 2015 December 24, 2015 Goldman Sachs Total Portfolio Solutions and Net Investment Income Capital Gains Global Tax-Aware Portfolios Goldman Sachs Balanced Strategy Portfolio Note 6a & 4 Note 8 Goldman Sachs Equity Growth Strategy Portfolio Note 6a Note 8 Goldman Sachs Growth Strategy Portfolio Note 6a Note 8 Goldman Sachs Growth & Income Strategy Portfolio Note 6a & 4 Note 8 Goldman Sachs Satellite Strategies Portfolio Note 6a & 4 Note 8 Goldman Sachs Enhanced Dividend Global Equity Portfolio Note 6a & 4 Note 8 Goldman Sachs Tax-Advantaged Global Equity Portfolio Note 6a Note 8 Note 8: Relevant dates for the Goldman Sachs Total Portfolio Solutions and Global Tax-Aware Portfolios calendar year-end distributions of capital gains are as December 14, 2015 (close of business) December 15, 2015 Goldman Sachs Asset Management 3

4 December 16, 2015 Goldman Sachs Variable Insurance Trust Net Investment Income Capital Gains VIT Goldman Sachs Core Fixed Income Fund Note 9 & 10 Note 9 VIT Goldman Sachs Equity Index Fund Note 9 Note 9 VIT Goldman Sachs Global Trends Allocation Fund Note 9 Note 9 VIT Goldman Sachs Growth Opportunities Fund Note 9 Note 9 VIT Goldman Sachs High Quality Floating Rate Fund Note 9 & 10 Note 9 VIT Goldman Sachs Large Cap Value Fund Note 9 Note 9 VIT Goldman Sachs Mid Cap Value Fund Note 9 Note 9 VIT Goldman Sachs Multi-Strategy Alternatives Portfolio Note 6a Note 9 VIT Goldman Sachs Small Cap Equity Insights Fund Note 9 Note 9 VIT Goldman Sachs Strategic Growth Fund Note 9 Note 9 VIT Goldman Sachs Strategic Income Fund Note 6a & 10 Note 9 VIT Goldman Sachs Strategic International Equity Fund Note 9 Note 9 VIT Goldman Sachs U.S. Equity Insights Fund Note 9 Note 9 Note 9: Relevant dates for the Goldman Sachs Variable Insurance Trust Funds calendar year-end distributions of net investment income and capital gains are listed below. December 16, 2015 (close of business) December 17, 2015 December 18, 2015 Note 10: Distributions from net investment income are declared and paid each calendar quarter. For the first three quarters (i.e., March, June and September), the relevant dates for these distributions are as Note 11: Relevant dates for the Goldman Sachs MLP Energy Infrastructure Fund s investment income distribution are as February 2015 February 2, 2015 February 3, 2015 February 4, 2015 May 2015 May 1, 2015 May 4, 2015 May 5, 2015 August 2015 August 3, 2015 August 4, 2015 August 5, 2015 November 2015 November 2, 2015 November 3, 2015 November 4, 2015 Note 12: Relevant dates for the Goldman Sachs MLP Income Opportunities Fund s investment income distribution are as February 2015 February 17, 2015 February 12, 2015 February 24, 2015 May 2015 May 18, 2015 May 14, 2015 May 26, 2015 August 2015 August 18, 2015 August 14, 2015 August 25, 2015 November 2015 November 17, 2015 November 13, 2015 November 24, 2015 Note 13: Relevant dates for the Goldman Sachs MLP and Energy Renaissance Fund s investment income distribution are as February 2015 February 17, 2015 February 12, 2015 February 24, 2015 May 2015 May 18, 2015 May 14, 2015 May 26, 2015 August 2015 August 18, 2015 August 14, 2015 August 25, 2015 November 2015 November 17, 2015 November 13, 2015 November 24, 2015 Goldman Sachs Asset Management 4

5 Shares of the Goldman Sachs Variable Insurance Trust Funds are offered to separate accounts of participating life insurance companies for the purpose of funding variable annuity contracts and variable life insurance policies. Shares of the Funds are not offered directly to the general public. The variable annuity contracts and variable life insurance policies are described in the separate prospectuses issued by participating insurance companies. You should refer to those prospectuses for information about surrender charges, mortality and expense risk fees and other charges that may be assessed by participating insurance companies under the variable annuity contracts or variable life insurance policies. Such fees or charges, if any, may affect the return you may realize with respect to your investments. Ask your representative for more complete information. Effective at the close of business on December 18, 2014, the Goldman Sachs Municipal Income Fund was renamed the Goldman Sachs Dynamic Municipal Income Fund. Effective at the close of business July 31, 2015, the Goldman Sachs Technology Tollkeeper Fund was renamed the Goldman Sachs Technology Opportunities Fund. Effective at the close of business on April 30, 2015, the Goldman Sachs U.S. Equity Fund was renamed the Goldman Sachs Dynamic U.S. Equity Fund. Mutual funds are subject to various risks, as described fully in each Fund s prospectus. There can be no assurance that the Funds will achieve their investment objectives. The Funds may be subject to style risk, which is the risk that the particular investing style of the Fund (i.e., growth or value) may be out of favor in the marketplace for various periods of time. Equity securities are more volatile than fixed income securities and subject to greater risks. Small and mid-sized company stocks involve greater risks than those customarily associated with larger companies. Investments in fixed income securities are subject to the risks associated with debt securities generally including credit, liquidity and interest rate risk. Investments in high yield fixed income securities are considered speculative, involve greater risk of default, and tend to be more volatile than investment grade fixed income securities. Investments in foreign securities entail special risks such as currency, political, economic, and market risks. These risks are heightened in emerging markets. An investment in real estate securities is subject to greater price volatility and the special risks associated with direct ownership of real estate. Investments in commodities may be affected by changes in overall market movements, commodity index volatility, changes in interest rates or factors affecting a particular industry or commodity. Investments in derivatives such as options, futures, or swaps may involve a high degree of financial risk, including the risk that a small movement in the price of the underlying security or benchmark may result in a disproportionately large movement in the price of the derivative. Asset allocation portfolios invest primarily in other Goldman Sachs Funds and are subject to the risk factors of those Funds. Confidentiality No part of this material may, without GSAM s prior written consent, be (i) copied, photocopied or duplicated in any form, by any means, or (ii) distributed to any person that is not an employee, officer, director, or authorized agent of the recipient. This material is provided for informational purposes only and should not be construed as investment advice or an offer or solicitation to buy or sell securities. This material is not intended to be used as a general guide to investing, or as a source of any specific investment recommendations, and makes no implied or express recommendations concerning the manner in which any client s account should or would be handled, as appropriate investment strategies depend upon the client s investment objectives. A summary prospectus, if available, or a Prospectus for the Fund containing more information may be obtained from your authorized dealer or from Goldman, Sachs & Co. by calling for the Goldman Sachs Funds and for the Goldman Sachs Variable Insurance Trust Funds. Please consider a fund's objectives, risks, and charges and expenses, and read the summary prospectus, if available, and the Prospectus carefully before investing. The summary prospectus, if available and the Prospectus contains this and other information about the Fund. Goldman, Sachs & Co. is the distributor of the Goldman Sachs Funds and the Goldman Sachs Variable Insurance Trust Funds. Not FDIC Insured. May Lose Value. No Bank Guarantee Goldman Sachs. All rights reserved TMPL-11/ Date of First Use: November 23, 2015 Goldman Sachs Asset Management 5