GOLDMAN SACHS TRUST
Goldman Sachs Single Sector Fixed Income Funds
Class A, Institutional, Investor, Separate Account Institutional, Class P and Class R6 Shares of the
Goldman Sachs U.S. Mortgages Fund
(the Fund)
Supplement dated February 18, 2022 to the
Prospectuses, Summary Prospectuses and Statement of Additional Information (SAI), each dated July 29, 2021, as supplemented to date
Effective at the close of business on March 31, 2022 (the Effective Date), Matthew Kaiser will no longer serve as a portfolio manager for the Fund. Christopher J. Hogan will continue to serve as a portfolio manager for the Fund.
Additionally, effective at the close of business on the Effective Date, Jon Calluzzo and Rob Pyne will begin serving as portfolio managers for the Fund.
Accordingly, as of the close of business on the Effective Date, the Funds disclosures are modified as follows:
All references to Mr. Kaiser in his capacity as a portfolio manager to the Fund in the Prospectuses, Summary Prospectuses and SAI are deleted in their entirety.
The following replaces in its entirety the Portfolio Managers subsection of the Goldman Sachs U.S. Mortgages FundSummaryPortfolio Management section of the Prospectuses and the Portfolio Managers subsection of the Portfolio Management section of the Summary Prospectuses:
Portfolio Managers: Christopher J. Hogan, CFA, Managing Director, has managed the Fund since 2009; Jon Calluzzo, Vice President, has managed the Fund since 2022, and Rob Pyne, Vice President, has managed the Fund since 2022.
The following rows are added to the table under the Fixed Income Portfolio Management Team subsection of the Service ProvidersFund Managers section of the Prospectuses:
Name and Title | Portfolio Responsibility | Years Primarily Responsible |
Five Year Employment History | |||
Jon Calluzzo Vice President |
Portfolio Manager U.S. Mortgages Fund |
Since 2022 |
Mr. Calluzzo is a portfolio manager on the Fixed Income team. He joined the Investment Adviser in 2016 as a Portfolio Manager on the Liquidity Solutions Short Duration team. | |||
Rob Pyne Vice President |
Portfolio Manager U.S. Mortgages Fund |
Since 2022 |
Mr. Pyne is a portfolio manager on the Fixed Income team. He joined the Investment Adviser in 2009. | |||
This Supplement should be retained with your Prospectuses, Summary Prospectuses and SAI for future reference.
SSFISTK 02-22