GBIUX Fees and Costs — Goldman Sachs Global Core Fixed Income Fund, Class R6
Data updated: 2026-08-26
The net expense ratio is 0.52%: a 0.65% management fee plus 0.12% other expenses, less a 0.25% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $110K in broker commissions, 0.0135% of average net assets, and portfolio turnover was 488%.
GBIUX Fees and Expenses
Annual operating expenses and sales charges of GBIUX. Prospectus, as of March 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.65% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.12% |
| Gross expense ratio | 0.77% |
| Fee waiver | −0.25% |
| Net expense ratio | 0.52% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
GBIUX Costs Over Time
On $10,000 invested in GBIUX, assuming 5% a year before costs, total costs come to $337 over 5 years, cutting the return by 0.56% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.52%) | $55 | $171 | $298 |
| Trading costs (broker commissions) | $1 | $4 | $8 |
| Lost growth on money paid in costs | $0 | $9 | $31 |
| Total costs | $56 | $184 | $337 |
| Value after costs | $10,444 | $11,392 | $12,426 |
| Impact on return, per year | 0.56% | 0.56% | 0.56% |
GBIUX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending March 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0135%
- Total broker commissions: $110K
- Bought from dealers (principal trades, not a cost): $33.2B
- Portfolio turnover (prospectus): 488%
- Securities lending: none during the year
GBIUX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities PLC | $38K | 35.01% |
| Citigroup Global Markets Inc. | $30K | 27.33% |
| Deutsche Bank Aktiengesellschaft | $18K | 16.48% |
| Morgan Stanley & Co. LLC | $9K | 8.43% |
| Barclays Capital Inc. | $8K | 7.48% |
| Merrill Lynch International | $3K | 2.89% |
| Barclays Bank PLC | $971 | 0.89% |
| RBC Europe Limited | $675 | 0.62% |
| BofA Securities, Inc. | $595 | 0.54% |
| Citigroup Global Markets Limited | $360 | 0.33% |
GBIUX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley & Co. International PLC | $5.6B | 22.46% |
| JPMorgan Chase Bank, National Association | $3.6B | 14.70% |
| BNP Paribas | $3.2B | 13.12% |
| Barclays Bank PLC | $3.0B | 11.97% |
| Merrill Lynch International | $2.5B | 10.19% |
| Deutsche Bank Aktiengesellschaft | $2.4B | 9.52% |
| Morgan Stanley & Co. LLC | $1.3B | 5.26% |
| Citibank, National Association | $1.3B | 5.23% |
| BofA Securities, Inc. | $1.0B | 4.12% |
| Danske Bank A/S | $848.5M | 3.43% |
Goldman Sachs Global Core Fixed Income Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| GBIUX | Class R6 | 0.52% | none |
| GGXPX | Class P | 0.52% | — |
| GSGLX | Institutional Shares | 0.53% | none |
| GBIRX | Investor Shares | 0.61% | none |
| GSGIX | Class A | 0.86% | 3.75% |
| GGISX | Service Shares | 1.03% | none |
| GSLCX | Class C | 1.61% | none |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.