Class A, Class C, Institutional, Investor, Class R and Class R6 Shares
Goldman Sachs Energy Infrastructure Fund
(the “Fund”)
Supplement dated February 27, 2024 to the
Prospectus dated March 30, 2023, as supplemented to date
Effective immediately, the Fund’s Prospectus with respect to Class A, Class C, Institutional, Investor, Class R and Class R6 Shares (the “Multi-Class Prospectus”) is revised as follows:
The following replaces in its entirety the table under the “Goldman Sachs Energy Infrastructure Fund—Summary—Expense Example” section in the Fund’s Multi-Class Prospectus:
1 Year
3 Years
5 Years
10 years
Class A Shares
$
691
$
1,003
$
1,337
$
2,278
Class C Shares
$
325
$
709
$
1,219
$
2,620
Institutional Shares
$
112
$
365
$
637
$
1,414
Investor Shares
$
124
$
402
$
701
$
1,550
Class R Shares
$
175
$
557
$
963
$
2,100
Class R6 Shares
$
111
$
362
$
632
$
1,403
Class C Shares – Assuming no redemption
$
225
$
709
$
1,219
$
2,620
This Supplement should be retained with your Prospectus for future reference.