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GMNYGoldman Sachs Dynamic New York Municipal Income ETF

Get income2y track recordRanked #961 of 1,650 in this goal

Seeks a high level of current income exempt from federal and New York State and City personal income taxes.

By Goldman Sachs · Launched 2024

Annual Cost

0.30%

#1,396 of 5,861 · low cost

Fund Size

$39M

#3,888 of 5,861 · mid-size

Dividend YieldGoal

3.28%

Track Record

2 years

#3,609 of 5,861 · seasoned

Performance

Total-return NAV · USD
Growth of $10,000
$10,535+5.3%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Fixed income

Strategy

Active selection

Focus

ESG

What it actually holds

By weight

Concentration

Top 10 holdings = 14.2% of fundwell diversified

Goldman Sachs Trust
1.8%
DELTA AIR LINES INC
1.7%
NEW YORK ST ENVIRONMENTAL FACS CORP
1.5%
NEW YORK ST DORM AUTH
1.5%
YONKERS N Y
1.4%
HEMPSTEAD TOWN N Y LOC DEV CORP
1.3%
TROY N Y CAP RESOURCE CORP
1.3%
NEW YORK ST TWY AUTH
1.3%
UTILITY DEBT SECURITIZATION AUTH N Y
1.3%
GUAM GOVT WTRWKS AUTH
1.2%

Asset allocation

Bonds
95.5%
Cash
4.5%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
2.7%Low

Year-on-year price swings

Max drawdown
-4.0%Mild

Worst peak-to-trough loss

Sharpe (3Y)
Unavailable

Needs 3+ years of history

Sortino (3Y)
Not yet

Needs 3+ years of history

Bond profile

Duration

4.5 years

Avg maturity

10.1 years

Credit ratings

AAA
7.9%
AA
34.6%
A
21.8%
BBB
16.8%
BB
4.0%
B
2.0%
Other
12.9%

Listing

Exchange
NYSE Arca

Full fund details

Objective
Seeks a high level of current income exempt from federal and New York State and City personal income taxes.
Strategy
Actively manages a portfolio primarily invested in fixed income securities issued by the state of New York and its political subdivisions, targeting high current income. May invest in non-investment grade municipal securities and private activity bonds, with a focus on credit quality and duration management.
Inception date
July 23, 2024
Fund family
Goldman Sachs

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Data updated on 2026-08-04