EX. 99.770 - Transactions effected pursuant to Rule 10f-3
1. Name of Underwriter From Who Purchased:
1) (Global Income Fund) CSFB
2) (Global Income Fund) Morgan Stanley
3) (Global Income Fund) Morgan Stanley Dean Witter
4) (High Yield Fund) Chase Securities
5) (Core Fixed Income Fund) Deutsche Bank
6) (High Yield Fund) Chase Securities
7) (High Yield Fund) Salomon Brothers
8) (High Yield Fund) Deutsche Bank
2. Names of Underwriting syndicate members:
1) Credit Suisse First Boston Corp., Salomon Smith Barney, Banc
of America Securities LLC, Bank of Tokyo Mitsubishi Ltd,
Bayerische Hypothekenbank, Blaylock & Partners, Chase
Securities, Inc., Commerzbank Capital Markets Corp, Credit
Lyonnais Securities (USA), Goldman, Sachs & Co., Greenwich
Natwest, Lehman Brothers, Merrill Lynch Pierce Fenner & Smit,
Morgan Stanley Dean Witter, SG Cowen Securities Corp, Suntrust
Equitable Securities
2) Merrill Lynch International Ltd., Morgan Stanley Dean Witter,
Chase Manhattan International Ltd, Goldman Sachs
International, BNY Capital Markets, First Union Capital
Markets, Lehman Brothers, Ormes Capital Markets, Inc., SGCowen
Securities Corp.
3) Morgan Stanley Dean Witter, Dev. Bank of Singapore, Goldman,
Sachs & Co., Merrill Lynch & Co., UBS Warburg
4) Goldman, Sachs & Co., Chase Manhattan International, DLJ,
Fleetboston, Robertson Stephens, Merrill Lynch
International Ltd., Morgan Stanley Dean Witter, Thomas
Weisel Partners LLC
5) Deutsche Bank, AG London, Goldman Sachs International, Morgan
Stanley Dean Witter, Credit Suisse First Boston Ltd., J.P.
Morgan Securities, Lehman Brothers International, Merrill
Lynch & Co., Salomon Smith Barney
6) Chase Securities, Inc., Goldman, Sachs & Co., Bank of New
York, CIBC World Markets, CSFB, Deutsche Banc, Alex Brown,
Lehman Brothers, McDonald Investments, Inc., Morgan Stnaley
Dean Witter, Scotia Capital, Inc.
7) Salomon Smith Barney International, Bank of America
International Ltd., Barclays Capital Group, Goldman
Sachs International, Merrill Lynch International, Ltd.,
TD Securities
8) Deutsche Banc, Alex Brown, Goldman, Sachs & Co., UBS Warburg
3. Name of Issuer:
1) Conoco, Inc.
2) Delphi Auto
3) Development Bank of Singapore
4) Exodus Communications
5) Deutsche Telekom International Finance
6) Crown Castle International Corp.
7) ONO Finance PLC
8) Jostens
4. Title of Security:
1) 5.9%
2) 6.125%
3) 7.875% Subordinated Notes
4) Exodus Communications
5) Deutsche Telekom International Finance BV 7.75%
6) Crown Castle 10.75%
7) ONO 14% 7/15/2010
8) Jostens 12.75% 5/1/2010
5. Date of First Offering:
1) 4/15/99
2) 4/28/99
3) 8/2/99
4) 6/28/00
5) 6/28/00
6) 6/21/00
7) 6/23/00
8) 5/5/00
6. Dollar Amount Purchased:
1) 3.095, 536
2) 798,984
3) 3,979,040
4) 1,000,000
5) 1,167,964
6) 2,500,000
7) 2,500,000
8) 225,000,000
7. Number of Shares Purchased:
1) N/A
2) N/A
3) N/A
4) 1,000,000
5) 1,170,000
6) 2,500,000
7) 2,500,000
8) 500,000
8. Price Per Unit:
1) 99.856
2) 99.873
3) 99.476
4) 100
5) 99.826
6) 100
7) 100
8) 95.943
Resolution Approved by the Board of Trustees:
APPROVE RULE 10f-3 TRANSACTIONS*
Proposed Resolution to be Adopted
By the Trustees of
Goldman Sachs Trust and
Goldman Sachs Variable Insurance Trust
RESOLVED, that, in reliance upon the written report provided
by Goldman, Sachs & Co. ("Goldman Sachs") to the Trustees all purchases
made during the fiscal quarter ended July 31, 2000, for the fixed
income Funds, August 31, 2000 for the equity Funds, and September 30,
2000 for the money market and specialty Funds, on behalf of the Goldman
Sachs Trust Funds of instruments during the existence of underwriting
or selling syndicates, under circumstances where Goldman Sachs or any
of its affiliates is a principal underwriter of the instruments, were
effected in compliance with the procedures adopted by the Trustees
pursuant to Rule 10f-3 under the Investment Company Act of 1940, as
amended; and
FURTHER RESOLVED, that, in reliance upon the written report provided by Goldman,
Sachs & Co. ("Goldman Sachs") to the Trustees all purchases made during the
fiscal quarter ended September 30, 2000, for the fixed income and equity Funds,
on behalf of the Variable Insurance Trust Funds of instruments during the
existence of underwriting or selling syndicates, under circumstances where
Goldman Sachs or any of its affiliates is a principal underwriter of the
instruments, were effected in compliance with the procedures adopted by the
Trustees pursuant to Rule 10f-3 under the Investment Company Act of 1940, as
amended.
