GMUBGoldman Sachs Municipal Income ETF

Get income1y track recordRanked #532 of 1,622 in this goal

Seeks a high level of current income exempt from federal income tax.

By Goldman Sachs · Launched 2024

Annual Cost

0.18%

#884 of 5,562 · low cost

Fund Size

$279M

#2,003 of 5,562 · mid-size

Dividend YieldGoal

3.19%

Track Record

1 year

#3,700 of 5,562 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$10,692+6.9%

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

Classification

How Beacon categorizes this fund

Asset class

Fixed income

Region

North america

Strategy

Active selection

What it actually holds

By weight

Concentration

Top 10 holdings = 9.4% of fund✓ well diversified

Goldman Sachs Financial Square Treasury Instruments Fund

1.2%

N TEXAS HGR EDU AUTH INC EDU L

1.0%

PUERTO RICO SALES TAX FING COR

1.0%

SNOHOMISH CNTY WA PUBLIC UTILI

0.9%

HOUSTON TX ARPT SYS REVENUE

0.9%

MASSACHUSETTS ST DEV FIN AGY R

0.9%

DALLAS-FORT WORTH TX INTERNATI

0.9%

WILSON PA SCH DIST

0.9%

PHELPS CNTY MO HOSP REVENUE

0.9%

SOUTHEAST ENERGY AUTHORITY A C

0.9%

Asset allocation

Bonds

99.3%

Cash

0.7%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

2.7%Low

Year-on-year price swings

Max drawdown

-3.3%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

4.6 years

Avg maturity

10.2 years

Credit ratings

AAA

3.0%

43.4%

25.3%

BBB

16.2%

2.0%

Other

10.1%

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks a high level of current income exempt from federal income tax.
Strategy: Invests primarily in municipal securities issued by U.S. states and localities, focusing on those with tax-exempt interest. May include up to 20% in private activity bonds and 15% in non-investment grade securities. Uses derivatives for duration management and exposure to fixed income indices.
Inception date: July 23, 2024
Fund family: Goldman Sachs