0001193125-13-093935.txt : 20130306 0001193125-13-093935.hdr.sgml : 20130306 20130306163226 ACCESSION NUMBER: 0001193125-13-093935 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 8 FILED AS OF DATE: 20130306 DATE AS OF CHANGE: 20130306 EFFECTIVENESS DATE: 20130306 FILER: COMPANY DATA: COMPANY CONFORMED NAME: GOLDMAN SACHS TRUST CENTRAL INDEX KEY: 0000822977 IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-17619 FILM NUMBER: 13669953 BUSINESS ADDRESS: STREET 1: 71 SOUTH WACKER DRIVE STREET 2: C/O GOLDMAN SACHS & CO CITY: CHICAGO STATE: IL ZIP: 60606 BUSINESS PHONE: 3126554400 MAIL ADDRESS: STREET 1: 200 WEST STREET CITY: NEW YORK STATE: NY ZIP: 10282 FORMER COMPANY: FORMER CONFORMED NAME: GOLDMAN SACHS SHORT INTERMEDIATE GOVERNMENT FUND DATE OF NAME CHANGE: 19910711 FORMER COMPANY: FORMER CONFORMED NAME: SHORT INTERMEDIATE GOVERNMENT FUND DATE OF NAME CHANGE: 19900104 0000822977 S000009342 Goldman Sachs Income Builder Fund C000025612 Goldman Sachs Income Builder Fund C000025613 Institutional GSBIX C000025615 Class A GSBFX C000025616 Class B GSBBX C000025617 Class C GSBCX C000091959 Class IR GKIRX 497 1 d482705d497.htm GOLDMAN SACHS TRUST GOLDMAN SACHS TRUST

RULE 497 DOCUMENT

On behalf of the Goldman Sachs Income Builder Fund, a series of Goldman Sachs Trust, and pursuant to Rule 497(e) under the Securities Act of 1933, as amended, attached for filing is an exhibit containing interactive data format risk/return summary information. The interactive data file included as an exhibit to this filing relates to the supplement filed with the Securities and Exchange Commission on behalf of the Fund pursuant to Rule 497(e) (Accession No. 0001193125-13-054892) on February 13, 2013, which is incorporated by reference into this Rule 497 Document.

EX-101.INS 2 gst18-20130213.xml XBRL INSTANCE DOCUMENT 0000822977 2012-01-29 2013-01-28 0000822977 gst18:S000009342Member 2012-01-29 2013-01-28 0000822977 gst18:S000009342Member gst18:C000025615Member 2012-01-29 2013-01-28 0000822977 gst18:S000009342Member gst18:C000025616Member 2012-01-29 2013-01-28 0000822977 gst18:S000009342Member gst18:C000025617Member 2012-01-29 2013-01-28 0000822977 gst18:S000009342Member gst18:C000025613Member 2012-01-29 2013-01-28 0000822977 gst18:S000009342Member gst18:C000091959Member 2012-01-29 2013-01-28 pure iso4217:USD GOLDMAN SACHS TRUST 0000822977 2013-02-13 2013-02-13 2013-01-28 2012-10-31 Other false <p style="MARGIN-TOP: 0pt; FONT-FAMILY: Times New Roman; MARGIN-BOTTOM: 0pt; FONT-SIZE: 13pt" align="center"><b>GOLDMAN SACHS TRUST </b></p> <p style="MARGIN-TOP: 6pt; FONT-FAMILY: Times New Roman; MARGIN-BOTTOM: 0pt; FONT-SIZE: 9pt" align="center">Class&nbsp;A Shares, Class B Shares, Class C Shares, Institutional Shares and Class IR Shares of the Goldman Sachs Income Builder Fund </p> <p style="MARGIN-TOP: 0pt; FONT-FAMILY: Times New Roman; MARGIN-BOTTOM: 0pt; FONT-SIZE: 9pt" align="center">(the "Fund") </p> <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; FONT-SIZE: 6pt">&nbsp;</p> <center> <p style="BORDER-BOTTOM: #000000 1pt solid; LINE-HEIGHT: 6pt; MARGIN-TOP: 0pt; WIDTH: 21%; MARGIN-BOTTOM: 2pt">&nbsp;</p></center> <p style="MARGIN-TOP: 6pt; FONT-FAMILY: Times New Roman; MARGIN-BOTTOM: 0pt; FONT-SIZE: 9pt" align="center"><i>Supplement dated February 13, 2013 to the <u>Prospectus dated January&nbsp;28, 2013 (the "Prospectus")</u></i> </p> <p style="MARGIN-TOP: 18pt; FONT-FAMILY: Times New Roman; MARGIN-BOTTOM: 0pt; FONT-SIZE: 9pt">Effective immediately, Goldman Sachs Asset Management, L.P., the Fund's Investment Adviser, has agreed to (i)&nbsp;waive a portion of its management fees in order to achieve an effective net management fee rate of 0.51% as an annual percentage rate of the Fund's average daily net assets; and (ii)&nbsp;reduce or limit "Other Expenses" (excluding acquired fund fees and expenses, transfer agency fees and expenses, taxes, interest, brokerage fees, litigation, indemnification, shareholder meeting and other extraordinary expenses) to 0.004% of the Fund's average daily net assets. </p> <p style="MARGIN-TOP: 6pt; FONT-FAMILY: Times New Roman; MARGIN-BOTTOM: 0pt; FONT-SIZE: 9pt">Accordingly, the following changes to the Fund's Prospectus are made: </p> <p style="MARGIN-TOP: 6pt; FONT-FAMILY: Times New Roman; MARGIN-BOTTOM: 0pt; FONT-SIZE: 9pt"><b>The following replaces in its entirety the "Annual Fund Operating Expenses" table and related footnotes under "Goldman Sachs Income Builder Fund&#8212;Summary&#8212;Fees and Expenses of the Fund" in the Prospectus: </b></p> <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; FONT-SIZE: 6pt">&nbsp;</p> <div align="left"> <table style="BORDER-COLLAPSE: collapse; FONT-FAMILY: ARIAL; FONT-SIZE: 8pt" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="53%"></td> <td valign="bottom" width="2%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="2%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="2%"></td> <td></td> <td></td> <td></td></tr> <tr style="font-size: 7pt;"> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom">&nbsp;<font style="FONT-SIZE: 8pt">&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" colspan="2" align="center"><b>Class&nbsp;A</b></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" colspan="2" align="center"><b>Class&nbsp;B</b></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" colspan="2" align="center"><b>Class C</b></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" colspan="2" align="center"><b>Institutional</b></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" colspan="2" align="center"><b>Class&nbsp;IR</b></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;</font></td></tr> <tr style="font-size: 8pt;"> <td valign="top"> <b>Annual Fund Operating Expenses</b> <p style="MARGIN-TOP: 0pt; TEXT-INDENT: -1em; FONT-FAMILY: ARIAL; MARGIN-BOTTOM: 1pt; MARGIN-LEFT: 1em; FONT-SIZE: 8pt"><b><font style="font-size: 6pt;">(expenses that you pay each year as a percentage of the value of your investment)</font></b></p></td> <td valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;&nbsp;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;&nbsp;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td></tr> <tr style="font-size: 8pt;"> <td valign="top"> Management Fees</td> <td valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;</font></td> <td valign="bottom"><font style="font-size: 8pt;">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-size: 8pt;">0.65%</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-size: 8pt;">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-size: 8pt;">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-size: 8pt;">0.65%</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-size: 8pt;">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-size: 8pt;">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-size: 8pt;">0.65%</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-size: 8pt;">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;</font></td> <td valign="bottom"><font style="font-size: 8pt;">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-size: 8pt;">0.65%</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-size: 8pt;">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;</font></td> <td valign="bottom"><font style="font-size: 8pt;">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-size: 8pt;">0.65%</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-size: 8pt;">&nbsp;&nbsp;</font></td></tr> <tr style="font-size: 8pt;"> <td valign="top"> Distribution and Service (12b-1) Fees</td> <td valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;</font></td> <td valign="bottom"><font style="font-size: 8pt;">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-size: 8pt;">0.25%</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-size: 8pt;">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-size: 8pt;">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-size: 8pt;">1.00%</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-size: 8pt;">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-size: 8pt;">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-size: 8pt;">1.00%</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-size: 8pt;">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;</font></td> <td valign="bottom"><font style="font-size: 8pt;">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-size: 8pt;">None</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-size: 8pt;">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;</font></td> <td valign="bottom"><font style="font-size: 8pt;">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-size: 8pt;">None</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-size: 8pt;">&nbsp;&nbsp;</font></td></tr> <tr style="font-size: 8pt;"> <td style="BORDER-BOTTOM: #000000 1px solid" valign="top"> Other Expenses</td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="font-size: 8pt;">&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" align="right"><font style="font-size: 8pt;">0.54%</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="font-size: 8pt;">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="font-size: 8pt;">&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" align="right"><font style="font-size: 8pt;">0.54%</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="font-size: 8pt;">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="font-size: 8pt;">&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" align="right"><font style="font-size: 8pt;">0.54%</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="font-size: 8pt;">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="font-size: 8pt;">&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" align="right"><font style="font-size: 8pt;">0.39%</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="font-size: 8pt;">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="font-size: 8pt;">&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" align="right"><font style="font-size: 8pt;">0.54%</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="font-size: 8pt;">&nbsp;&nbsp;</font></td></tr> <tr style="font-size: 8pt;"> <td valign="top"> <b>Total Annual Fund Operating Expenses</b></td> <td valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;</font></td> <td valign="bottom"><font style="font-size: 8pt;">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-size: 8pt;">1.44%</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-size: 8pt;">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-size: 8pt;">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-size: 8pt;">2.19%</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-size: 8pt;">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-size: 8pt;">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-size: 8pt;">2.19%</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-size: 8pt;">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;</font></td> <td valign="bottom"><font style="font-size: 8pt;">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-size: 8pt;">1.04%</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-size: 8pt;">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;</font></td> <td valign="bottom"><font style="font-size: 8pt;">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-size: 8pt;">1.19%</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-size: 8pt;">&nbsp;&nbsp;</font></td></tr> <tr style="font-size: 8pt;"> <td style="BORDER-BOTTOM: #000000 1px solid" valign="top"> Fee Waiver and Expense Limitation<sup style="FONT-SIZE: 85%; VERTICAL-ALIGN: top">2</sup></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="font-size: 8pt;">&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" align="right"><font style="font-size: 8pt;">(0.49)%</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="font-size: 8pt;">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="font-size: 8pt;">&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" align="right"><font style="font-size: 8pt;">(0.49)%</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="font-size: 8pt;">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="font-size: 8pt;">&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" align="right"><font style="font-size: 8pt;">(0.49)%</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="font-size: 8pt;">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="font-size: 8pt;">&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" align="right"><font style="font-size: 8pt;">(0.49)%</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="font-size: 8pt;">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="font-size: 8pt;">&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" align="right"><font style="font-size: 8pt;">(0.49)%</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="font-size: 8pt;">&nbsp;&nbsp;</font></td></tr> <tr style="font-size: 8pt;"> <td style="BORDER-BOTTOM: #000000 1px solid" valign="top"> <b>Total Annual Fund Operating Expenses After </b><b>Fee Waiver and Expense Limitation<sup style="FONT-SIZE: 85%; VERTICAL-ALIGN: top">3</sup></b></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="font-size: 8pt;">&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" align="right"><font style="font-size: 8pt;">0.95%</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="font-size: 8pt;">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="font-size: 8pt;">&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" align="right"><font style="font-size: 8pt;">1.70%</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="font-size: 8pt;">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="font-size: 8pt;">&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" align="right"><font style="font-size: 8pt;">1.70%</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="font-size: 8pt;">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="font-size: 8pt;">&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" align="right"><font style="font-size: 8pt;">0.55%</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="font-size: 8pt;">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="font-size: 8pt;">&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" align="right"><font style="font-size: 8pt;">0.70%</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="font-size: 8pt;">&nbsp;&nbsp;</font></td></tr></table></div> <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; FONT-SIZE: 2pt">&nbsp;</p> <table style="border-collapse: collapse; font-size: 7.5pt;" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="2%" align="left"><i><sup style="FONT-SIZE: 85%; VERTICAL-ALIGN: top">2</sup></i></td> <td valign="top" align="left"><i><sup style="FONT-SIZE: 85%; VERTICAL-ALIGN: top"></sup>The Investment Adviser has agreed to (i)&nbsp;waive a portion of its management fees in order to achieve an effective net management rate of 0.51% as an annual percentage rate of average daily net assets of the Fund; and (ii)&nbsp;reduce or limit "Other Expenses" (excluding acquired fund fees and expenses, transfer agency fees and expenses, taxes, interest, brokerage fees, litigation, indemnification, shareholder meeting and other extraordinary expenses) to 0.004% of the Fund's average daily net assets. These arrangements will remain in effect through at least February&nbsp;28, 2014, and prior to such date, the Investment Adviser may not terminate the arrangements without the approval of the Board of Trustees. The Fund's "Other Expenses" may be further reduced by any custody and transfer agency fee credits received by the Fund. </i></td></tr></table> <table style="border-collapse: collapse; font-size: 7.5pt;" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="2%" align="left"><i><sup style="FONT-SIZE: 85%; VERTICAL-ALIGN: top">3</sup></i></td> <td valign="top" align="left"> <i><sup style="FONT-SIZE: 85%; VERTICAL-ALIGN: top"></sup>The Fund's "Total Annual Fund Operating Expenses After Fee Waiver and Expense Limitation" have been restated to reflect the fee waiver and expense limitation currently in effect. </i></td></tr></table> <p style="PAGE-BREAK-BEFORE: always"> </p> <p style="MARGIN-TOP: 12pt; FONT-FAMILY: Times New Roman; MARGIN-BOTTOM: 0pt; FONT-SIZE: 9pt"><b>The following replaces in its entirety the table under "Goldman Sachs Income Builder&#8212;Summary&#8212;Expense Example" in the Prospectus: </b></p> <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; FONT-SIZE: 6pt">&nbsp;</p> <table style="BORDER-COLLAPSE: collapse; FONT-FAMILY: ARIAL; FONT-SIZE: 8pt" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="50%"></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td valign="bottom" width="5%"></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td valign="bottom" width="5%"></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td valign="bottom" width="5%"></td></tr> <tr> <td height="9"></td> <td bgcolor="#e5e5e5" height="9" colspan="4"></td> <td height="9" colspan="4"></td> <td bgcolor="#e5e5e5" height="9" colspan="4"></td> <td height="9" colspan="4"></td></tr> <tr style="font-size: 7pt;"> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom">&nbsp;<font style="FONT-SIZE: 8pt">&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" bgcolor="#e5e5e5" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" bgcolor="#e5e5e5" valign="bottom" colspan="2" align="center"><b>1&nbsp;Year</b></td> <td style="BORDER-BOTTOM: #000000 1px solid" bgcolor="#e5e5e5" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" colspan="2" align="center"><b>3&nbsp;Years</b></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" bgcolor="#e5e5e5" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" bgcolor="#e5e5e5" valign="bottom" colspan="2" align="center"><b>5&nbsp;Years</b></td> <td style="BORDER-BOTTOM: #000000 1px solid" bgcolor="#e5e5e5" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" colspan="2" align="center"><b>10&nbsp;Years</b></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;</font></td></tr> <tr style="font-size: 8pt;"> <td style="BORDER-BOTTOM: #000000 1px solid" valign="top"> Class A Shares</td> <td style="BORDER-BOTTOM: #000000 1px solid" bgcolor="#e5e5e5" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" bgcolor="#e5e5e5" valign="bottom"><font style="font-size: 8pt;">$</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" bgcolor="#e5e5e5" valign="bottom" align="right"><font style="font-size: 8pt;">642</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" bgcolor="#e5e5e5" valign="bottom" nowrap="nowrap"><font style="font-size: 8pt;">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="font-size: 8pt;">$</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" align="right"><font style="font-size: 8pt;">935</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="font-size: 8pt;">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" bgcolor="#e5e5e5" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" bgcolor="#e5e5e5" valign="bottom"><font style="font-size: 8pt;">$</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" bgcolor="#e5e5e5" valign="bottom" align="right"><font style="font-size: 8pt;">1,250</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" bgcolor="#e5e5e5" valign="bottom" nowrap="nowrap"><font style="font-size: 8pt;">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="font-size: 8pt;">$</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" align="right"><font style="font-size: 8pt;">2,139</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="font-size: 8pt;">&nbsp;&nbsp;</font></td></tr> <tr style="font-size: 8pt;"> <td valign="top"> Class B Shares</td> <td bgcolor="#e5e5e5" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;&nbsp;</font></td> <td bgcolor="#e5e5e5" valign="bottom"></td> <td bgcolor="#e5e5e5" valign="bottom"></td> <td bgcolor="#e5e5e5" valign="bottom"></td> <td valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;&nbsp;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td bgcolor="#e5e5e5" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;&nbsp;</font></td> <td bgcolor="#e5e5e5" valign="bottom"></td> <td bgcolor="#e5e5e5" valign="bottom"></td> <td bgcolor="#e5e5e5" valign="bottom"></td> <td valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;&nbsp;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td></tr> <tr style="font-size: 8pt;"> <td valign="top"> &nbsp;&nbsp;&nbsp;-&nbsp;&nbsp;&nbsp;Assuming Complete redemption at end of period</td> <td bgcolor="#e5e5e5" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;&nbsp;</font></td> <td bgcolor="#e5e5e5" valign="bottom"><font style="font-size: 8pt;">$</font></td> <td bgcolor="#e5e5e5" valign="bottom" align="right"><font style="font-size: 8pt;">673</font></td> <td bgcolor="#e5e5e5" valign="bottom" nowrap="nowrap"><font style="font-size: 8pt;">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-size: 8pt;">$</font></td> <td valign="bottom" align="right"><font style="font-size: 8pt;">938</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-size: 8pt;">&nbsp;&nbsp;</font></td> <td bgcolor="#e5e5e5" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;&nbsp;</font></td> <td bgcolor="#e5e5e5" valign="bottom"><font style="font-size: 8pt;">$</font></td> <td bgcolor="#e5e5e5" valign="bottom" align="right"><font style="font-size: 8pt;">1,330</font></td> <td bgcolor="#e5e5e5" valign="bottom" nowrap="nowrap"><font style="font-size: 8pt;">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-size: 8pt;">$</font></td> <td valign="bottom" align="right"><font style="font-size: 8pt;">2,295</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-size: 8pt;">&nbsp;&nbsp;</font></td></tr> <tr style="font-size: 8pt;"> <td style="BORDER-BOTTOM: #000000 1px solid" valign="top"> &nbsp;&nbsp;&nbsp;-&nbsp;&nbsp;&nbsp;Assuming no redemption</td> <td style="BORDER-BOTTOM: #000000 1px solid" bgcolor="#e5e5e5" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" bgcolor="#e5e5e5" valign="bottom"><font style="font-size: 8pt;">$</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" bgcolor="#e5e5e5" valign="bottom" align="right"><font style="font-size: 8pt;">173</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" bgcolor="#e5e5e5" valign="bottom" nowrap="nowrap"><font style="font-size: 8pt;">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="font-size: 8pt;">$</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" align="right"><font style="font-size: 8pt;">638</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="font-size: 8pt;">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" bgcolor="#e5e5e5" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" bgcolor="#e5e5e5" valign="bottom"><font style="font-size: 8pt;">$</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" bgcolor="#e5e5e5" valign="bottom" align="right"><font style="font-size: 8pt;">1,130</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" bgcolor="#e5e5e5" valign="bottom" nowrap="nowrap"><font style="font-size: 8pt;">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="font-size: 8pt;">$</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" align="right"><font style="font-size: 8pt;">2,295</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="font-size: 8pt;">&nbsp;&nbsp;</font></td></tr> <tr style="font-size: 8pt;"> <td valign="top"> Class C Shares</td> <td bgcolor="#e5e5e5" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;&nbsp;</font></td> <td bgcolor="#e5e5e5" valign="bottom"></td> <td bgcolor="#e5e5e5" valign="bottom"></td> <td bgcolor="#e5e5e5" valign="bottom"></td> <td valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;&nbsp;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td bgcolor="#e5e5e5" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;&nbsp;</font></td> <td bgcolor="#e5e5e5" valign="bottom"></td> <td bgcolor="#e5e5e5" valign="bottom"></td> <td bgcolor="#e5e5e5" valign="bottom"></td> <td valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;&nbsp;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td></tr> <tr style="font-size: 8pt;"> <td valign="top"> &nbsp;&nbsp;&nbsp;-&nbsp;&nbsp;&nbsp;Assuming Complete redemption at end of period</td> <td bgcolor="#e5e5e5" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;&nbsp;</font></td> <td bgcolor="#e5e5e5" valign="bottom"><font style="font-size: 8pt;">$</font></td> <td bgcolor="#e5e5e5" valign="bottom" align="right"><font style="font-size: 8pt;">273</font></td> <td bgcolor="#e5e5e5" valign="bottom" nowrap="nowrap"><font style="font-size: 8pt;">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-size: 8pt;">$</font></td> <td valign="bottom" align="right"><font style="font-size: 8pt;">638</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-size: 8pt;">&nbsp;&nbsp;</font></td> <td bgcolor="#e5e5e5" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;&nbsp;</font></td> <td bgcolor="#e5e5e5" valign="bottom"><font style="font-size: 8pt;">$</font></td> <td bgcolor="#e5e5e5" valign="bottom" align="right"><font style="font-size: 8pt;">1,130</font></td> <td bgcolor="#e5e5e5" valign="bottom" nowrap="nowrap"><font style="font-size: 8pt;">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-size: 8pt;">$</font></td> <td valign="bottom" align="right"><font style="font-size: 8pt;">2,485</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-size: 8pt;">&nbsp;&nbsp;</font></td></tr> <tr style="font-size: 8pt;"> <td style="BORDER-BOTTOM: #000000 1px solid" valign="top"> &nbsp;&nbsp;&nbsp;-&nbsp;&nbsp;&nbsp;Assuming no redemption</td> <td style="BORDER-BOTTOM: #000000 1px solid" bgcolor="#e5e5e5" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" bgcolor="#e5e5e5" valign="bottom"><font style="font-size: 8pt;">$</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" bgcolor="#e5e5e5" valign="bottom" align="right"><font style="font-size: 8pt;">173</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" bgcolor="#e5e5e5" valign="bottom" nowrap="nowrap"><font style="font-size: 8pt;">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="font-size: 8pt;">$</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" align="right"><font style="font-size: 8pt;">638</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="font-size: 8pt;">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" bgcolor="#e5e5e5" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" bgcolor="#e5e5e5" valign="bottom"><font style="font-size: 8pt;">$</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" bgcolor="#e5e5e5" valign="bottom" align="right"><font style="font-size: 8pt;">1,130</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" bgcolor="#e5e5e5" valign="bottom" nowrap="nowrap"><font style="font-size: 8pt;">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="font-size: 8pt;">$</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" align="right"><font style="font-size: 8pt;">2,485</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="font-size: 8pt;">&nbsp;&nbsp;</font></td></tr> <tr style="font-size: 8pt;"> <td style="BORDER-BOTTOM: #000000 1px solid" valign="top"> Institutional Shares</td> <td style="BORDER-BOTTOM: #000000 1px solid" bgcolor="#e5e5e5" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" bgcolor="#e5e5e5" valign="bottom"><font style="font-size: 8pt;">$</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" bgcolor="#e5e5e5" valign="bottom" align="right"><font style="font-size: 8pt;">56</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" bgcolor="#e5e5e5" valign="bottom" nowrap="nowrap"><font style="font-size: 8pt;">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="font-size: 8pt;">$</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" align="right"><font style="font-size: 8pt;">282</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="font-size: 8pt;">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" bgcolor="#e5e5e5" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" bgcolor="#e5e5e5" valign="bottom"><font style="font-size: 8pt;">$</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" bgcolor="#e5e5e5" valign="bottom" align="right"><font style="font-size: 8pt;">526</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" bgcolor="#e5e5e5" valign="bottom" nowrap="nowrap"><font style="font-size: 8pt;">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="font-size: 8pt;">$</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" align="right"><font style="font-size: 8pt;">1,227</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="font-size: 8pt;">&nbsp;&nbsp;</font></td></tr> <tr style="font-size: 8pt;"> <td style="BORDER-BOTTOM: #000000 1px solid" valign="top"> Class IR Shares</td> <td style="BORDER-BOTTOM: #000000 1px solid" bgcolor="#e5e5e5" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" bgcolor="#e5e5e5" valign="bottom"><font style="font-size: 8pt;">$</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" bgcolor="#e5e5e5" valign="bottom" align="right"><font style="font-size: 8pt;">72</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" bgcolor="#e5e5e5" valign="bottom" nowrap="nowrap"><font style="font-size: 8pt;">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="font-size: 8pt;">$</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" align="right"><font style="font-size: 8pt;">329</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="font-size: 8pt;">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" bgcolor="#e5e5e5" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" bgcolor="#e5e5e5" valign="bottom"><font style="font-size: 8pt;">$</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" bgcolor="#e5e5e5" valign="bottom" align="right"><font style="font-size: 8pt;">607</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" bgcolor="#e5e5e5" valign="bottom" nowrap="nowrap"><font style="font-size: 8pt;">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="font-size: 8pt;">$</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" align="right"><font style="font-size: 8pt;">1,400</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="font-size: 8pt;">&nbsp;&nbsp;</font></td></tr></table> <p style="MARGIN-TOP: 0pt; FONT-FAMILY: Times New Roman; MARGIN-BOTTOM: 0pt; FONT-SIZE: 13pt" align="center"><b>GOLDMAN SACHS TRUST </b></p> <p style="MARGIN-TOP: 6pt; FONT-FAMILY: Times New Roman; MARGIN-BOTTOM: 0pt; FONT-SIZE: 9pt" align="center">Class&nbsp;A Shares, Class B Shares, Class C Shares, Institutional Shares and Class IR Shares of the Goldman Sachs Income Builder Fund </p> <p style="MARGIN-TOP: 0pt; FONT-FAMILY: Times New Roman; MARGIN-BOTTOM: 0pt; FONT-SIZE: 9pt" align="center">(the "Fund") </p> <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; FONT-SIZE: 6pt">&nbsp;</p> <center> <p style="BORDER-BOTTOM: #000000 1pt solid; LINE-HEIGHT: 6pt; MARGIN-TOP: 0pt; WIDTH: 21%; MARGIN-BOTTOM: 2pt">&nbsp;</p></center> <p style="MARGIN-TOP: 6pt; FONT-FAMILY: Times New Roman; MARGIN-BOTTOM: 0pt; FONT-SIZE: 9pt" align="center"><i>Supplement dated February 13, 2013 to the <u>Prospectus dated January&nbsp;28, 2013 (the "Prospectus")</u></i> </p> <p style="MARGIN-TOP: 18pt; FONT-FAMILY: Times New Roman; MARGIN-BOTTOM: 0pt; FONT-SIZE: 9pt">Effective immediately, Goldman Sachs Asset Management, L.P., the Fund's Investment Adviser, has agreed to (i)&nbsp;waive a portion of its management fees in order to achieve an effective net management fee rate of 0.51% as an annual percentage rate of the Fund's average daily net assets; and (ii)&nbsp;reduce or limit "Other Expenses" (excluding acquired fund fees and expenses, transfer agency fees and expenses, taxes, interest, brokerage fees, litigation, indemnification, shareholder meeting and other extraordinary expenses) to 0.004% of the Fund's average daily net assets. </p> <p style="MARGIN-TOP: 6pt; FONT-FAMILY: Times New Roman; MARGIN-BOTTOM: 0pt; FONT-SIZE: 9pt">Accordingly, the following changes to the Fund's Prospectus are made: </p> <p style="MARGIN-TOP: 6pt; FONT-FAMILY: Times New Roman; MARGIN-BOTTOM: 0pt; FONT-SIZE: 9pt"><b>The following replaces in its entirety the "Annual Fund Operating Expenses" table and related footnotes under "Goldman Sachs Income Builder Fund&#8212;Summary&#8212;Fees and Expenses of the Fund" in the Prospectus: </b></p> <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; FONT-SIZE: 6pt">&nbsp;</p> <div align="left"> <table style="BORDER-COLLAPSE: collapse; FONT-FAMILY: ARIAL; FONT-SIZE: 8pt" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="53%"></td> <td valign="bottom" width="2%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="2%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="2%"></td> <td></td> <td></td> <td></td></tr> <tr style="font-size: 7pt;"> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom">&nbsp;<font style="FONT-SIZE: 8pt">&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" colspan="2" align="center"><b>Class&nbsp;A</b></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" colspan="2" align="center"><b>Class&nbsp;B</b></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" colspan="2" align="center"><b>Class C</b></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" colspan="2" align="center"><b>Institutional</b></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" colspan="2" align="center"><b>Class&nbsp;IR</b></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;</font></td></tr> <tr style="font-size: 8pt;"> <td valign="top"> <b>Annual Fund Operating Expenses</b> <p style="MARGIN-TOP: 0pt; TEXT-INDENT: -1em; FONT-FAMILY: ARIAL; MARGIN-BOTTOM: 1pt; MARGIN-LEFT: 1em; FONT-SIZE: 8pt"><b><font style="font-size: 6pt;">(expenses that you pay each year as a percentage of the value of your investment)</font></b></p></td> <td valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;&nbsp;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;&nbsp;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td></tr> <tr style="font-size: 8pt;"> <td valign="top"> Management Fees</td> <td valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;</font></td> <td valign="bottom"><font style="font-size: 8pt;">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-size: 8pt;">0.65%</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-size: 8pt;">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-size: 8pt;">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-size: 8pt;">0.65%</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-size: 8pt;">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-size: 8pt;">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-size: 8pt;">0.65%</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-size: 8pt;">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;</font></td> <td valign="bottom"><font style="font-size: 8pt;">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-size: 8pt;">0.65%</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-size: 8pt;">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;</font></td> <td valign="bottom"><font style="font-size: 8pt;">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-size: 8pt;">0.65%</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-size: 8pt;">&nbsp;&nbsp;</font></td></tr> <tr style="font-size: 8pt;"> <td valign="top"> Distribution and Service (12b-1) Fees</td> <td valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;</font></td> <td valign="bottom"><font style="font-size: 8pt;">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-size: 8pt;">0.25%</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-size: 8pt;">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-size: 8pt;">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-size: 8pt;">1.00%</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-size: 8pt;">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-size: 8pt;">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-size: 8pt;">1.00%</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-size: 8pt;">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;</font></td> <td valign="bottom"><font style="font-size: 8pt;">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-size: 8pt;">None</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-size: 8pt;">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;</font></td> <td valign="bottom"><font style="font-size: 8pt;">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-size: 8pt;">None</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-size: 8pt;">&nbsp;&nbsp;</font></td></tr> <tr style="font-size: 8pt;"> <td style="BORDER-BOTTOM: #000000 1px solid" valign="top"> Other Expenses</td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="font-size: 8pt;">&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" align="right"><font style="font-size: 8pt;">0.54%</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="font-size: 8pt;">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="font-size: 8pt;">&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" align="right"><font style="font-size: 8pt;">0.54%</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="font-size: 8pt;">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="font-size: 8pt;">&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" align="right"><font style="font-size: 8pt;">0.54%</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="font-size: 8pt;">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="font-size: 8pt;">&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" align="right"><font style="font-size: 8pt;">0.39%</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="font-size: 8pt;">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="font-size: 8pt;">&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" align="right"><font style="font-size: 8pt;">0.54%</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="font-size: 8pt;">&nbsp;&nbsp;</font></td></tr> <tr style="font-size: 8pt;"> <td valign="top"> <b>Total Annual Fund Operating Expenses</b></td> <td valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;</font></td> <td valign="bottom"><font style="font-size: 8pt;">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-size: 8pt;">1.44%</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-size: 8pt;">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-size: 8pt;">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-size: 8pt;">2.19%</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-size: 8pt;">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-size: 8pt;">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-size: 8pt;">2.19%</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-size: 8pt;">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;</font></td> <td valign="bottom"><font style="font-size: 8pt;">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-size: 8pt;">1.04%</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-size: 8pt;">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;</font></td> <td valign="bottom"><font style="font-size: 8pt;">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-size: 8pt;">1.19%</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-size: 8pt;">&nbsp;&nbsp;</font></td></tr> <tr style="font-size: 8pt;"> <td style="BORDER-BOTTOM: #000000 1px solid" valign="top"> Fee Waiver and Expense Limitation<sup style="FONT-SIZE: 85%; VERTICAL-ALIGN: top">2</sup></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="font-size: 8pt;">&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" align="right"><font style="font-size: 8pt;">(0.49)%</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="font-size: 8pt;">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="font-size: 8pt;">&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" align="right"><font style="font-size: 8pt;">(0.49)%</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="font-size: 8pt;">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="font-size: 8pt;">&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" align="right"><font style="font-size: 8pt;">(0.49)%</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="font-size: 8pt;">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="font-size: 8pt;">&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" align="right"><font style="font-size: 8pt;">(0.49)%</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="font-size: 8pt;">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="font-size: 8pt;">&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" align="right"><font style="font-size: 8pt;">(0.49)%</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="font-size: 8pt;">&nbsp;&nbsp;</font></td></tr> <tr style="font-size: 8pt;"> <td style="BORDER-BOTTOM: #000000 1px solid" valign="top"> <b>Total Annual Fund Operating Expenses After </b><b>Fee Waiver and Expense Limitation<sup style="FONT-SIZE: 85%; VERTICAL-ALIGN: top">3</sup></b></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="font-size: 8pt;">&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" align="right"><font style="font-size: 8pt;">0.95%</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="font-size: 8pt;">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="font-size: 8pt;">&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" align="right"><font style="font-size: 8pt;">1.70%</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="font-size: 8pt;">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="font-size: 8pt;">&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" align="right"><font style="font-size: 8pt;">1.70%</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="font-size: 8pt;">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="font-size: 8pt;">&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" align="right"><font style="font-size: 8pt;">0.55%</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="font-size: 8pt;">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="font-size: 8pt;">&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" align="right"><font style="font-size: 8pt;">0.70%</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="font-size: 8pt;">&nbsp;&nbsp;</font></td></tr></table></div> <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; FONT-SIZE: 2pt">&nbsp;</p> <table style="border-collapse: collapse; font-size: 7.5pt;" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="2%" align="left"><i><sup style="FONT-SIZE: 85%; VERTICAL-ALIGN: top">2</sup></i></td> <td valign="top" align="left"><i><sup style="FONT-SIZE: 85%; VERTICAL-ALIGN: top"></sup>The Investment Adviser has agreed to (i)&nbsp;waive a portion of its management fees in order to achieve an effective net management rate of 0.51% as an annual percentage rate of average daily net assets of the Fund; and (ii)&nbsp;reduce or limit "Other Expenses" (excluding acquired fund fees and expenses, transfer agency fees and expenses, taxes, interest, brokerage fees, litigation, indemnification, shareholder meeting and other extraordinary expenses) to 0.004% of the Fund's average daily net assets. These arrangements will remain in effect through at least February&nbsp;28, 2014, and prior to such date, the Investment Adviser may not terminate the arrangements without the approval of the Board of Trustees. The Fund's "Other Expenses" may be further reduced by any custody and transfer agency fee credits received by the Fund. </i></td></tr></table> <table style="border-collapse: collapse; font-size: 7.5pt;" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="2%" align="left"><i><sup style="FONT-SIZE: 85%; VERTICAL-ALIGN: top">3</sup></i></td> <td valign="top" align="left"> <i><sup style="FONT-SIZE: 85%; VERTICAL-ALIGN: top"></sup>The Fund's "Total Annual Fund Operating Expenses After Fee Waiver and Expense Limitation" have been restated to reflect the fee waiver and expense limitation currently in effect. </i></td></tr></table> <p style="PAGE-BREAK-BEFORE: always"> </p> <p style="MARGIN-TOP: 12pt; FONT-FAMILY: Times New Roman; MARGIN-BOTTOM: 0pt; FONT-SIZE: 9pt"><b>The following replaces in its entirety the table under "Goldman Sachs Income Builder&#8212;Summary&#8212;Expense Example" in the Prospectus: </b></p> <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; FONT-SIZE: 6pt">&nbsp;</p> <table style="BORDER-COLLAPSE: collapse; FONT-FAMILY: ARIAL; FONT-SIZE: 8pt" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="50%"></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td valign="bottom" width="5%"></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td valign="bottom" width="5%"></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td valign="bottom" width="5%"></td></tr> <tr> <td height="9"></td> <td bgcolor="#e5e5e5" height="9" colspan="4"></td> <td height="9" colspan="4"></td> <td bgcolor="#e5e5e5" height="9" colspan="4"></td> <td height="9" colspan="4"></td></tr> <tr style="font-size: 7pt;"> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom">&nbsp;<font style="FONT-SIZE: 8pt">&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" bgcolor="#e5e5e5" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" bgcolor="#e5e5e5" valign="bottom" colspan="2" align="center"><b>1&nbsp;Year</b></td> <td style="BORDER-BOTTOM: #000000 1px solid" bgcolor="#e5e5e5" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" colspan="2" align="center"><b>3&nbsp;Years</b></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" bgcolor="#e5e5e5" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" bgcolor="#e5e5e5" valign="bottom" colspan="2" align="center"><b>5&nbsp;Years</b></td> <td style="BORDER-BOTTOM: #000000 1px solid" bgcolor="#e5e5e5" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" colspan="2" align="center"><b>10&nbsp;Years</b></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;</font></td></tr> <tr style="font-size: 8pt;"> <td style="BORDER-BOTTOM: #000000 1px solid" valign="top"> Class A Shares</td> <td style="BORDER-BOTTOM: #000000 1px solid" bgcolor="#e5e5e5" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" bgcolor="#e5e5e5" valign="bottom"><font style="font-size: 8pt;">$</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" bgcolor="#e5e5e5" valign="bottom" align="right"><font style="font-size: 8pt;">642</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" bgcolor="#e5e5e5" valign="bottom" nowrap="nowrap"><font style="font-size: 8pt;">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="font-size: 8pt;">$</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" align="right"><font style="font-size: 8pt;">935</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="font-size: 8pt;">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" bgcolor="#e5e5e5" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" bgcolor="#e5e5e5" valign="bottom"><font style="font-size: 8pt;">$</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" bgcolor="#e5e5e5" valign="bottom" align="right"><font style="font-size: 8pt;">1,250</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" bgcolor="#e5e5e5" valign="bottom" nowrap="nowrap"><font style="font-size: 8pt;">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="font-size: 8pt;">$</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" align="right"><font style="font-size: 8pt;">2,139</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="font-size: 8pt;">&nbsp;&nbsp;</font></td></tr> <tr style="font-size: 8pt;"> <td valign="top"> Class B Shares</td> <td bgcolor="#e5e5e5" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;&nbsp;</font></td> <td bgcolor="#e5e5e5" valign="bottom"></td> <td bgcolor="#e5e5e5" valign="bottom"></td> <td bgcolor="#e5e5e5" valign="bottom"></td> <td valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;&nbsp;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td bgcolor="#e5e5e5" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;&nbsp;</font></td> <td bgcolor="#e5e5e5" valign="bottom"></td> <td bgcolor="#e5e5e5" valign="bottom"></td> <td bgcolor="#e5e5e5" valign="bottom"></td> <td valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;&nbsp;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td></tr> <tr style="font-size: 8pt;"> <td valign="top"> &nbsp;&nbsp;&nbsp;-&nbsp;&nbsp;&nbsp;Assuming Complete redemption at end of period</td> <td bgcolor="#e5e5e5" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;&nbsp;</font></td> <td bgcolor="#e5e5e5" valign="bottom"><font style="font-size: 8pt;">$</font></td> <td bgcolor="#e5e5e5" valign="bottom" align="right"><font style="font-size: 8pt;">673</font></td> <td bgcolor="#e5e5e5" valign="bottom" nowrap="nowrap"><font style="font-size: 8pt;">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-size: 8pt;">$</font></td> <td valign="bottom" align="right"><font style="font-size: 8pt;">938</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-size: 8pt;">&nbsp;&nbsp;</font></td> <td bgcolor="#e5e5e5" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;&nbsp;</font></td> <td bgcolor="#e5e5e5" valign="bottom"><font style="font-size: 8pt;">$</font></td> <td bgcolor="#e5e5e5" valign="bottom" align="right"><font style="font-size: 8pt;">1,330</font></td> <td bgcolor="#e5e5e5" valign="bottom" nowrap="nowrap"><font style="font-size: 8pt;">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-size: 8pt;">$</font></td> <td valign="bottom" align="right"><font style="font-size: 8pt;">2,295</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-size: 8pt;">&nbsp;&nbsp;</font></td></tr> <tr style="font-size: 8pt;"> <td style="BORDER-BOTTOM: #000000 1px solid" valign="top"> &nbsp;&nbsp;&nbsp;-&nbsp;&nbsp;&nbsp;Assuming no redemption</td> <td style="BORDER-BOTTOM: #000000 1px solid" bgcolor="#e5e5e5" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" bgcolor="#e5e5e5" valign="bottom"><font style="font-size: 8pt;">$</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" bgcolor="#e5e5e5" valign="bottom" align="right"><font style="font-size: 8pt;">173</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" bgcolor="#e5e5e5" valign="bottom" nowrap="nowrap"><font style="font-size: 8pt;">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="font-size: 8pt;">$</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" align="right"><font style="font-size: 8pt;">638</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="font-size: 8pt;">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" bgcolor="#e5e5e5" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" bgcolor="#e5e5e5" valign="bottom"><font style="font-size: 8pt;">$</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" bgcolor="#e5e5e5" valign="bottom" align="right"><font style="font-size: 8pt;">1,130</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" bgcolor="#e5e5e5" valign="bottom" nowrap="nowrap"><font style="font-size: 8pt;">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="font-size: 8pt;">$</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" align="right"><font style="font-size: 8pt;">2,295</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="font-size: 8pt;">&nbsp;&nbsp;</font></td></tr> <tr style="font-size: 8pt;"> <td valign="top"> Class C Shares</td> <td bgcolor="#e5e5e5" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;&nbsp;</font></td> <td bgcolor="#e5e5e5" valign="bottom"></td> <td bgcolor="#e5e5e5" valign="bottom"></td> <td bgcolor="#e5e5e5" valign="bottom"></td> <td valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;&nbsp;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td bgcolor="#e5e5e5" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;&nbsp;</font></td> <td bgcolor="#e5e5e5" valign="bottom"></td> <td bgcolor="#e5e5e5" valign="bottom"></td> <td bgcolor="#e5e5e5" valign="bottom"></td> <td valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;&nbsp;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td></tr> <tr style="font-size: 8pt;"> <td valign="top"> &nbsp;&nbsp;&nbsp;-&nbsp;&nbsp;&nbsp;Assuming Complete redemption at end of period</td> <td bgcolor="#e5e5e5" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;&nbsp;</font></td> <td bgcolor="#e5e5e5" valign="bottom"><font style="font-size: 8pt;">$</font></td> <td bgcolor="#e5e5e5" valign="bottom" align="right"><font style="font-size: 8pt;">273</font></td> <td bgcolor="#e5e5e5" valign="bottom" nowrap="nowrap"><font style="font-size: 8pt;">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-size: 8pt;">$</font></td> <td valign="bottom" align="right"><font style="font-size: 8pt;">638</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-size: 8pt;">&nbsp;&nbsp;</font></td> <td bgcolor="#e5e5e5" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;&nbsp;</font></td> <td bgcolor="#e5e5e5" valign="bottom"><font style="font-size: 8pt;">$</font></td> <td bgcolor="#e5e5e5" valign="bottom" align="right"><font style="font-size: 8pt;">1,130</font></td> <td bgcolor="#e5e5e5" valign="bottom" nowrap="nowrap"><font style="font-size: 8pt;">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-size: 8pt;">$</font></td> <td valign="bottom" align="right"><font style="font-size: 8pt;">2,485</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-size: 8pt;">&nbsp;&nbsp;</font></td></tr> <tr style="font-size: 8pt;"> <td style="BORDER-BOTTOM: #000000 1px solid" valign="top"> &nbsp;&nbsp;&nbsp;-&nbsp;&nbsp;&nbsp;Assuming no redemption</td> <td style="BORDER-BOTTOM: #000000 1px solid" bgcolor="#e5e5e5" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" bgcolor="#e5e5e5" valign="bottom"><font style="font-size: 8pt;">$</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" bgcolor="#e5e5e5" valign="bottom" align="right"><font style="font-size: 8pt;">173</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" bgcolor="#e5e5e5" valign="bottom" nowrap="nowrap"><font style="font-size: 8pt;">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="font-size: 8pt;">$</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" align="right"><font style="font-size: 8pt;">638</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="font-size: 8pt;">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" bgcolor="#e5e5e5" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" bgcolor="#e5e5e5" valign="bottom"><font style="font-size: 8pt;">$</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" bgcolor="#e5e5e5" valign="bottom" align="right"><font style="font-size: 8pt;">1,130</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" bgcolor="#e5e5e5" valign="bottom" nowrap="nowrap"><font style="font-size: 8pt;">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="font-size: 8pt;">$</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" align="right"><font style="font-size: 8pt;">2,485</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="font-size: 8pt;">&nbsp;&nbsp;</font></td></tr> <tr style="font-size: 8pt;"> <td style="BORDER-BOTTOM: #000000 1px solid" valign="top"> Institutional Shares</td> <td style="BORDER-BOTTOM: #000000 1px solid" bgcolor="#e5e5e5" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" bgcolor="#e5e5e5" valign="bottom"><font style="font-size: 8pt;">$</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" bgcolor="#e5e5e5" valign="bottom" align="right"><font style="font-size: 8pt;">56</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" bgcolor="#e5e5e5" valign="bottom" nowrap="nowrap"><font style="font-size: 8pt;">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="font-size: 8pt;">$</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" align="right"><font style="font-size: 8pt;">282</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="font-size: 8pt;">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" bgcolor="#e5e5e5" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" bgcolor="#e5e5e5" valign="bottom"><font style="font-size: 8pt;">$</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" bgcolor="#e5e5e5" valign="bottom" align="right"><font style="font-size: 8pt;">526</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" bgcolor="#e5e5e5" valign="bottom" nowrap="nowrap"><font style="font-size: 8pt;">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="font-size: 8pt;">$</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" align="right"><font style="font-size: 8pt;">1,227</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="font-size: 8pt;">&nbsp;&nbsp;</font></td></tr> <tr style="font-size: 8pt;"> <td style="BORDER-BOTTOM: #000000 1px solid" valign="top"> Class IR Shares</td> <td style="BORDER-BOTTOM: #000000 1px solid" bgcolor="#e5e5e5" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" bgcolor="#e5e5e5" valign="bottom"><font style="font-size: 8pt;">$</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" bgcolor="#e5e5e5" valign="bottom" align="right"><font style="font-size: 8pt;">72</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" bgcolor="#e5e5e5" valign="bottom" nowrap="nowrap"><font style="font-size: 8pt;">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="font-size: 8pt;">$</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" align="right"><font style="font-size: 8pt;">329</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="font-size: 8pt;">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" bgcolor="#e5e5e5" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" bgcolor="#e5e5e5" valign="bottom"><font style="font-size: 8pt;">$</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" bgcolor="#e5e5e5" valign="bottom" align="right"><font style="font-size: 8pt;">607</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" bgcolor="#e5e5e5" valign="bottom" nowrap="nowrap"><font style="font-size: 8pt;">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="FONT-SIZE: 8pt">&nbsp;&nbsp;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"><font style="font-size: 8pt;">$</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" align="right"><font style="font-size: 8pt;">1,400</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="font-size: 8pt;">&nbsp;&nbsp;</font></td></tr></table> 0.0065 0.0025 0.0054 0.0144 -0.0049 0.0095 0.0065 0.01 0.0054 0.0219 -0.0049 0.017 0.0065 0.01 0.0054 0.0219 -0.0049 0.017 0.0065 0 0.0039 0.0104 -0.0049 0.0055 0.0065 0 0.0054 0.0119 -0.0049 0.007 642 673 273 56 72 935 938 638 282 329 1250 1330 1130 526 607 2139 2295 2485 1227 1400 173 173 638 638 1130 1130 2295 2485 <i>February 28, 2014</i> <i>The Fund's "Total Annual Fund Operating Expenses After Fee Waiver and Expense Limitation" have been restated to reflect the fee waiver and expense limitation currently in effect.</i> The Investment Adviser has agreed to (i) waive a portion of its management fees in order to achieve an effective net management rate of 0.51% as an annual percentage rate of average daily net assets of the Fund; and (ii) reduce or limit "Other Expenses" (excluding acquired fund fees and expenses, transfer agency fees and expenses, taxes, interest, brokerage fees, litigation, indemnification, shareholder meeting and other extraordinary expenses) to 0.004% of the Fund's average daily net assets. These arrangements will remain in effect through at least February 28, 2014, and prior to such date, the Investment Adviser may not terminate the arrangements without the approval of the Board of Trustees. The Fund's "Other Expenses" may be further reduced by any custody and transfer agency fee credits received by the Fund. The Fund's "Total Annual Fund Operating Expenses After Fee Waiver and Expense Limitation" have been restated to reflect the fee waiver and expense limitation currently in effect. 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GOLDMAN SACHS TRUST

Class A Shares, Class B Shares, Class C Shares, Institutional Shares and Class IR Shares of the Goldman Sachs Income Builder Fund

(the "Fund")

 

 

Supplement dated February 13, 2013 to the Prospectus dated January 28, 2013 (the "Prospectus")

Effective immediately, Goldman Sachs Asset Management, L.P., the Fund's Investment Adviser, has agreed to (i) waive a portion of its management fees in order to achieve an effective net management fee rate of 0.51% as an annual percentage rate of the Fund's average daily net assets; and (ii) reduce or limit "Other Expenses" (excluding acquired fund fees and expenses, transfer agency fees and expenses, taxes, interest, brokerage fees, litigation, indemnification, shareholder meeting and other extraordinary expenses) to 0.004% of the Fund's average daily net assets.

Accordingly, the following changes to the Fund's Prospectus are made:

The following replaces in its entirety the "Annual Fund Operating Expenses" table and related footnotes under "Goldman Sachs Income Builder Fund—Summary—Fees and Expenses of the Fund" in the Prospectus:

 

     Class A      Class B      Class C     Institutional     Class IR  
Annual Fund Operating Expenses

(expenses that you pay each year as a percentage of the value of your investment)

           
Management Fees     0.65%         0.65%         0.65%        0.65%        0.65%   
Distribution and Service (12b-1) Fees     0.25%         1.00%         1.00%        None        None   
Other Expenses     0.54%         0.54%         0.54%        0.39%        0.54%   
Total Annual Fund Operating Expenses     1.44%         2.19%         2.19%        1.04%        1.19%   
Fee Waiver and Expense Limitation2     (0.49)%         (0.49)%         (0.49)%        (0.49)%        (0.49)%   
Total Annual Fund Operating Expenses After Fee Waiver and Expense Limitation3     0.95%         1.70%         1.70%        0.55%        0.70%   

 

2 The Investment Adviser has agreed to (i) waive a portion of its management fees in order to achieve an effective net management rate of 0.51% as an annual percentage rate of average daily net assets of the Fund; and (ii) reduce or limit "Other Expenses" (excluding acquired fund fees and expenses, transfer agency fees and expenses, taxes, interest, brokerage fees, litigation, indemnification, shareholder meeting and other extraordinary expenses) to 0.004% of the Fund's average daily net assets. These arrangements will remain in effect through at least February 28, 2014, and prior to such date, the Investment Adviser may not terminate the arrangements without the approval of the Board of Trustees. The Fund's "Other Expenses" may be further reduced by any custody and transfer agency fee credits received by the Fund.
3 The Fund's "Total Annual Fund Operating Expenses After Fee Waiver and Expense Limitation" have been restated to reflect the fee waiver and expense limitation currently in effect.

The following replaces in its entirety the table under "Goldman Sachs Income Builder—Summary—Expense Example" in the Prospectus:

 

      1 Year      3 Years      5 Years      10 Years  
Class A Shares    $ 642       $ 935       $ 1,250       $ 2,139   
Class B Shares            
   -   Assuming Complete redemption at end of period    $ 673       $ 938       $ 1,330       $ 2,295   
   -   Assuming no redemption    $ 173       $ 638       $ 1,130       $ 2,295   
Class C Shares            
   -   Assuming Complete redemption at end of period    $ 273       $ 638       $ 1,130       $ 2,485   
   -   Assuming no redemption    $ 173       $ 638       $ 1,130       $ 2,485   
Institutional Shares    $ 56       $ 282       $ 526       $ 1,227   
Class IR Shares    $ 72       $ 329       $ 607       $ 1,400   
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XML 15 R3.htm IDEA: XBRL DOCUMENT v2.4.0.6
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName GOLDMAN SACHS TRUST
Prospectus Date rr_ProspectusDate Jan. 28, 2013
Supplement [Text Block] gst18_SupplementTextBlock

GOLDMAN SACHS TRUST

Class A Shares, Class B Shares, Class C Shares, Institutional Shares and Class IR Shares of the Goldman Sachs Income Builder Fund

(the "Fund")

 

 

Supplement dated February 13, 2013 to the Prospectus dated January 28, 2013 (the "Prospectus")

Effective immediately, Goldman Sachs Asset Management, L.P., the Fund's Investment Adviser, has agreed to (i) waive a portion of its management fees in order to achieve an effective net management fee rate of 0.51% as an annual percentage rate of the Fund's average daily net assets; and (ii) reduce or limit "Other Expenses" (excluding acquired fund fees and expenses, transfer agency fees and expenses, taxes, interest, brokerage fees, litigation, indemnification, shareholder meeting and other extraordinary expenses) to 0.004% of the Fund's average daily net assets.

Accordingly, the following changes to the Fund's Prospectus are made:

The following replaces in its entirety the "Annual Fund Operating Expenses" table and related footnotes under "Goldman Sachs Income Builder Fund—Summary—Fees and Expenses of the Fund" in the Prospectus:

 

     Class A      Class B      Class C     Institutional     Class IR  
Annual Fund Operating Expenses

(expenses that you pay each year as a percentage of the value of your investment)

           
Management Fees     0.65%         0.65%         0.65%        0.65%        0.65%   
Distribution and Service (12b-1) Fees     0.25%         1.00%         1.00%        None        None   
Other Expenses     0.54%         0.54%         0.54%        0.39%        0.54%   
Total Annual Fund Operating Expenses     1.44%         2.19%         2.19%        1.04%        1.19%   
Fee Waiver and Expense Limitation2     (0.49)%         (0.49)%         (0.49)%        (0.49)%        (0.49)%   
Total Annual Fund Operating Expenses After Fee Waiver and Expense Limitation3     0.95%         1.70%         1.70%        0.55%        0.70%   

 

2 The Investment Adviser has agreed to (i) waive a portion of its management fees in order to achieve an effective net management rate of 0.51% as an annual percentage rate of average daily net assets of the Fund; and (ii) reduce or limit "Other Expenses" (excluding acquired fund fees and expenses, transfer agency fees and expenses, taxes, interest, brokerage fees, litigation, indemnification, shareholder meeting and other extraordinary expenses) to 0.004% of the Fund's average daily net assets. These arrangements will remain in effect through at least February 28, 2014, and prior to such date, the Investment Adviser may not terminate the arrangements without the approval of the Board of Trustees. The Fund's "Other Expenses" may be further reduced by any custody and transfer agency fee credits received by the Fund.
3 The Fund's "Total Annual Fund Operating Expenses After Fee Waiver and Expense Limitation" have been restated to reflect the fee waiver and expense limitation currently in effect.

The following replaces in its entirety the table under "Goldman Sachs Income Builder—Summary—Expense Example" in the Prospectus:

 

      1 Year      3 Years      5 Years      10 Years  
Class A Shares    $ 642       $ 935       $ 1,250       $ 2,139   
Class B Shares            
   -   Assuming Complete redemption at end of period    $ 673       $ 938       $ 1,330       $ 2,295   
   -   Assuming no redemption    $ 173       $ 638       $ 1,130       $ 2,295   
Class C Shares            
   -   Assuming Complete redemption at end of period    $ 273       $ 638       $ 1,130       $ 2,485   
   -   Assuming no redemption    $ 173       $ 638       $ 1,130       $ 2,485   
Institutional Shares    $ 56       $ 282       $ 526       $ 1,227   
Class IR Shares    $ 72       $ 329       $ 607       $ 1,400   
Goldman Sachs Income Builder Fund
 
Risk/Return: rr_RiskReturnAbstract  
Supplement [Text Block] gst18_SupplementTextBlock

GOLDMAN SACHS TRUST

Class A Shares, Class B Shares, Class C Shares, Institutional Shares and Class IR Shares of the Goldman Sachs Income Builder Fund

(the "Fund")

 

 

Supplement dated February 13, 2013 to the Prospectus dated January 28, 2013 (the "Prospectus")

Effective immediately, Goldman Sachs Asset Management, L.P., the Fund's Investment Adviser, has agreed to (i) waive a portion of its management fees in order to achieve an effective net management fee rate of 0.51% as an annual percentage rate of the Fund's average daily net assets; and (ii) reduce or limit "Other Expenses" (excluding acquired fund fees and expenses, transfer agency fees and expenses, taxes, interest, brokerage fees, litigation, indemnification, shareholder meeting and other extraordinary expenses) to 0.004% of the Fund's average daily net assets.

Accordingly, the following changes to the Fund's Prospectus are made:

The following replaces in its entirety the "Annual Fund Operating Expenses" table and related footnotes under "Goldman Sachs Income Builder Fund—Summary—Fees and Expenses of the Fund" in the Prospectus:

 

     Class A      Class B      Class C     Institutional     Class IR  
Annual Fund Operating Expenses

(expenses that you pay each year as a percentage of the value of your investment)

           
Management Fees     0.65%         0.65%         0.65%        0.65%        0.65%   
Distribution and Service (12b-1) Fees     0.25%         1.00%         1.00%        None        None   
Other Expenses     0.54%         0.54%         0.54%        0.39%        0.54%   
Total Annual Fund Operating Expenses     1.44%         2.19%         2.19%        1.04%        1.19%   
Fee Waiver and Expense Limitation2     (0.49)%         (0.49)%         (0.49)%        (0.49)%        (0.49)%   
Total Annual Fund Operating Expenses After Fee Waiver and Expense Limitation3     0.95%         1.70%         1.70%        0.55%        0.70%   

 

2 The Investment Adviser has agreed to (i) waive a portion of its management fees in order to achieve an effective net management rate of 0.51% as an annual percentage rate of average daily net assets of the Fund; and (ii) reduce or limit "Other Expenses" (excluding acquired fund fees and expenses, transfer agency fees and expenses, taxes, interest, brokerage fees, litigation, indemnification, shareholder meeting and other extraordinary expenses) to 0.004% of the Fund's average daily net assets. These arrangements will remain in effect through at least February 28, 2014, and prior to such date, the Investment Adviser may not terminate the arrangements without the approval of the Board of Trustees. The Fund's "Other Expenses" may be further reduced by any custody and transfer agency fee credits received by the Fund.
3 The Fund's "Total Annual Fund Operating Expenses After Fee Waiver and Expense Limitation" have been restated to reflect the fee waiver and expense limitation currently in effect.

The following replaces in its entirety the table under "Goldman Sachs Income Builder—Summary—Expense Example" in the Prospectus:

 

      1 Year      3 Years      5 Years      10 Years  
Class A Shares    $ 642       $ 935       $ 1,250       $ 2,139   
Class B Shares            
   -   Assuming Complete redemption at end of period    $ 673       $ 938       $ 1,330       $ 2,295   
   -   Assuming no redemption    $ 173       $ 638       $ 1,130       $ 2,295   
Class C Shares            
   -   Assuming Complete redemption at end of period    $ 273       $ 638       $ 1,130       $ 2,485   
   -   Assuming no redemption    $ 173       $ 638       $ 1,130       $ 2,485   
Institutional Shares    $ 56       $ 282       $ 526       $ 1,227   
Class IR Shares    $ 72       $ 329       $ 607       $ 1,400   
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination February 28, 2014
Expenses Restated to Reflect Current [Text] rr_ExpensesRestatedToReflectCurrent The Fund's "Total Annual Fund Operating Expenses After Fee Waiver and Expense Limitation" have been restated to reflect the fee waiver and expense limitation currently in effect.
Goldman Sachs Income Builder Fund | Class A Shares
 
Risk/Return: rr_RiskReturnAbstract  
Management Fees rr_ManagementFeesOverAssets 0.65%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Other Expenses rr_OtherExpensesOverAssets 0.54%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.44%
Fee Waiver and Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (0.49%) [1]
Total Annual Fund Operating Expenses After Fee Waiver and Expense Limitation rr_NetExpensesOverAssets 0.95% [2]
1 Year rr_ExpenseExampleYear01 642
3 Years rr_ExpenseExampleYear03 935
5 Years rr_ExpenseExampleYear05 1,250
10 Years rr_ExpenseExampleYear10 2,139
Goldman Sachs Income Builder Fund | Class B Shares
 
Risk/Return: rr_RiskReturnAbstract  
Management Fees rr_ManagementFeesOverAssets 0.65%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 1.00%
Other Expenses rr_OtherExpensesOverAssets 0.54%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 2.19%
Fee Waiver and Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (0.49%) [1]
Total Annual Fund Operating Expenses After Fee Waiver and Expense Limitation rr_NetExpensesOverAssets 1.70% [2]
1 Year rr_ExpenseExampleYear01 673
3 Years rr_ExpenseExampleYear03 938
5 Years rr_ExpenseExampleYear05 1,330
10 Years rr_ExpenseExampleYear10 2,295
1 Year rr_ExpenseExampleNoRedemptionYear01 173
3 Years rr_ExpenseExampleNoRedemptionYear03 638
5 Years rr_ExpenseExampleNoRedemptionYear05 1,130
10 Years rr_ExpenseExampleNoRedemptionYear10 2,295
Goldman Sachs Income Builder Fund | Class C Shares
 
Risk/Return: rr_RiskReturnAbstract  
Management Fees rr_ManagementFeesOverAssets 0.65%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 1.00%
Other Expenses rr_OtherExpensesOverAssets 0.54%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 2.19%
Fee Waiver and Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (0.49%) [1]
Total Annual Fund Operating Expenses After Fee Waiver and Expense Limitation rr_NetExpensesOverAssets 1.70% [2]
1 Year rr_ExpenseExampleYear01 273
3 Years rr_ExpenseExampleYear03 638
5 Years rr_ExpenseExampleYear05 1,130
10 Years rr_ExpenseExampleYear10 2,485
1 Year rr_ExpenseExampleNoRedemptionYear01 173
3 Years rr_ExpenseExampleNoRedemptionYear03 638
5 Years rr_ExpenseExampleNoRedemptionYear05 1,130
10 Years rr_ExpenseExampleNoRedemptionYear10 2,485
Goldman Sachs Income Builder Fund | Institutional Shares
 
Risk/Return: rr_RiskReturnAbstract  
Management Fees rr_ManagementFeesOverAssets 0.65%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets 0.39%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.04%
Fee Waiver and Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (0.49%) [1]
Total Annual Fund Operating Expenses After Fee Waiver and Expense Limitation rr_NetExpensesOverAssets 0.55% [2]
1 Year rr_ExpenseExampleYear01 56
3 Years rr_ExpenseExampleYear03 282
5 Years rr_ExpenseExampleYear05 526
10 Years rr_ExpenseExampleYear10 1,227
Goldman Sachs Income Builder Fund | Class IR Shares
 
Risk/Return: rr_RiskReturnAbstract  
Management Fees rr_ManagementFeesOverAssets 0.65%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets 0.54%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.19%
Fee Waiver and Expense Limitation rr_FeeWaiverOrReimbursementOverAssets (0.49%) [1]
Total Annual Fund Operating Expenses After Fee Waiver and Expense Limitation rr_NetExpensesOverAssets 0.70% [2]
1 Year rr_ExpenseExampleYear01 72
3 Years rr_ExpenseExampleYear03 329
5 Years rr_ExpenseExampleYear05 607
10 Years rr_ExpenseExampleYear10 1,400
[1] The Investment Adviser has agreed to (i) waive a portion of its management fees in order to achieve an effective net management rate of 0.51% as an annual percentage rate of average daily net assets of the Fund; and (ii) reduce or limit "Other Expenses" (excluding acquired fund fees and expenses, transfer agency fees and expenses, taxes, interest, brokerage fees, litigation, indemnification, shareholder meeting and other extraordinary expenses) to 0.004% of the Fund's average daily net assets. These arrangements will remain in effect through at least February 28, 2014, and prior to such date, the Investment Adviser may not terminate the arrangements without the approval of the Board of Trustees. The Fund's "Other Expenses" may be further reduced by any custody and transfer agency fee credits received by the Fund.
[2] The Fund's "Total Annual Fund Operating Expenses After Fee Waiver and Expense Limitation" have been restated to reflect the fee waiver and expense limitation currently in effect.
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Registrant Name GOLDMAN SACHS TRUST
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