GOLDMAN SACHS TRUST
Supplement dated November 30, 2017 to the current
Summary Prospectuses and Statutory Prospectuses for each applicable Goldman Sachs Fund that has Class T Shares as listed on Exhibit A
and to the current Statement of Additional Information for each applicable Goldman Sachs Fund that has Class T Shares as listed on Exhibit A and Exhibit B
Class T Shares for the Funds listed on Exhibit A and Exhibit B are not currently offered by the Funds.
This Supplement should be retained with your Summary Prospectus, Statutory Prospectus and Statement of Additional Information for future reference.
FIXINCVCLASSTSTK 11-17
Exhibit A
Goldman Sachs Single Sector Fixed Income Funds
Goldman Sachs Dynamic Emerging Markets Debt Fund
Goldman Sachs Emerging Markets Debt Fund
Goldman Sachs High Yield Floating Rate Fund
Goldman Sachs High Yield Fund
Goldman Sachs Investment Grade Credit Fund
Goldman Sachs Local Emerging Markets Debt Fund
Goldman Sachs U.S. Mortgages Fund
Goldman Sachs Municipal Fixed Income Funds
Goldman Sachs Dynamic Municipal Income Fund
Goldman Sachs High Yield Municipal Fund
Goldman Sachs Short Duration Tax-Free Fund
Goldman Sachs Fixed Income Alternatives Funds
Goldman Sachs Strategic Macro Fund
Goldman Sachs Long Short Credit Strategies Fund
Goldman Sachs Short-Term Conservative Income Fund
Exhibit B
Goldman Sachs Multi Sector Fixed Income Funds
Goldman Sachs Bond Fund
Goldman Sachs Core Fixed Income Fund
Goldman Sachs Global Income Fund
Goldman Sachs Strategic Income Fund
Goldman Sachs Short Duration and Government Fixed Income Funds
Goldman Sachs Enhanced Income Fund
Goldman Sachs Government Income Fund
Goldman Sachs High Quality Floating Rate Fund
Goldman Sachs Inflation Protected Securities Fund
Goldman Sachs Short Duration Government Fund
Goldman Sachs Short Duration Income Fund