GOLDMAN SACHS TRUST
GOLDMAN SACHS FIXED INCOME FUNDS
Institutional Shares
Service Shares
Class A, B and C Shares
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Supplement dated October 15, 1997 to
Prospectuses dated August 15, 1997
The matrix on page 2, under Global Income Fund-Credit Quality, will
be revised to indicate the Mininum will equal BBB/Baa.
Global Income Fund - Credit Quality, will be revised as follows:
All securities purchased by the Fund will be rated, at the
time of investment, at least BBB by S&P or Baa by Moody's. The
Fund will invest at least 50% of its total assets in securities
rated, at the time of investment, AAA by S&P or Aaa by Moody's.
Class A, B and C Shares prospectus only:
With respect to the last paragraph under the section
"Offering Price - Class A Shares" please note that section (i) is
deleted so that Class A shares will no longer be sold at net asset
value without the payment of a sales charge to shareholders whose
purchase is attributable to redemption proceeds (subject to
appropriate documentation) from a registered open-end management
investment company not distributed or managed by Goldman Sachs or
its affiliates, if such redemption has occurred no more than 60
days prior to the purchase of shares of the Funds and the
shareholder either (a) paid an initial sales charge or (b) was at
some time subject to a deferred sales charge with respect to the
redemption proceeds.