GOLDMAN SACHS TRUST
Class A, Class C, Institutional, Investor, Class P, Class R, Class R6 and Class T Shares of the
Goldman Sachs Long Short Credit Strategies Fund
(the Fund)
Supplement dated January 29, 2019, to the
Summary Prospectuses, Prospectuses and Statement of Additional Information (the SAI),
each dated July 30, 2018, as supplemented to date
Effective March 4, 2019 (the Effective Date), Brendan McGovern will no longer serve as a portfolio manager for the Fund. In addition, on the Effective Date, Ashish Shah, Managing Director, will serve as a portfolio manager for the Fund.
Salvatore Lentini, Managing Director, will continue to serve as a portfolio manager for the Fund.
Accordingly, on the Effective Date, the Funds disclosures are modified as follows:
All references to Mr. McGovern in the Summary Prospectuses, Prospectuses and SAI will be deleted in their entirety.
On the Effective Date, the following replaces in its entirety the Portfolio Managers subsection of the Goldman Sachs Long Short Credit Strategies FundSummaryPortfolio Management section of the Prospectuses, as well as the Portfolio Management section of the Funds Summary Prospectuses:
Portfolio Managers: Salvatore Lentini, Managing Director, Head of Opportunistic Corporate Credit, has managed the Fund since 2014 (and had managed the Predecessor Fund since its inception in 2009); and Ashish Shah, Managing Director, Co-Chief Investment Officer of Global Fixed Income, has managed the Fund since 2019.
On the Effective Date, the following replaces in its entirety the table in the GSAM Credit Alternatives Portfolio Management Team subsection of the Service ProvidersFund Managers section of the Prospectuses:
Salvatore Lentini Managing Director, Head of Opportunistic |
Portfolio Manager Long Short Credit Strategies |
Since 2014* |
Mr. Lentini is the Head of the Opportunistic Corporate Credit investment team within Fixed Income. Mr. Lentini joined GSAM as a Managing Director in 2006. | |||
Ashish Shah Managing Director, Co-Chief
Investment |
Portfolio Manager Long Short Credit Strategies |
Since 2019 |
Mr. Shah is Co-Chief Investment Officer of Global Fixed Income, Global Head of Corporate Credit and Head of the Cross-Sector Strategy within Fixed Income. Mr. Shah joined the Investment Adviser in 2018. Mr. Shah was previously at AllianceBernstein from 2010 to 2018, where he was most recently the Head of Fixed Income and Chief Investment Officer of Global Credit. | |||
* | Mr. Lentini also served as a portfolio manager of the Predecessor Fund since 2009. |
In addition, on the Effective Date, the Funds disclosures are modified as follows:
All references to GSAM Credit Alternatives Portfolio Management Team in the Summary Prospectuses, Prospectuses and SAI are hereby replaced with Opportunistic Corporate Credit Portfolio Management Team.
This Supplement should be retained with your Summary Prospectuses, Prospectuses and SAI for future reference.
FIALTPMCHGSTK 01-19