GUMIGoldman Sachs Ultra Short Municipal Income ETF
Seeks a high level of current income, consistent with relatively low volatility of principal, exempt from federal income tax.
By Goldman Sachs · Launched 2024
Annual Cost
0.16%
#731 of 6,040 · low cost
Fund Size
$60M
#3,555 of 6,040 · mid-size
Return (1Y)
+2.4%
Track Record
2 years
#3,623 of 6,040 · seasoned
Performance
Total-return NAV · USDGrowth of $10,000
$10,245+2.5%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundHoldings
By weightConcentration
Top 10 holdings = 17.4% of funddiversified
WAVERLY N Y CENT SCH DIST
2.1%
MET GOVT NASHVILLE & DAVIDSON CNTY TENN
2.1%
WISCONSIN ST HEALTH & EDL FACS AUTH
2.1%
MASSACHUSETTS DEVELOPMENT FINANCE AGENCY (MA)
1.7%
TENDER OPT BD TR RCPTS / CTFS VAR STS
1.7%
LOUISIANA LOC GOVT ENVIRONMENTAL FACS & CMNTY DEV AUTH
1.7%
WEST VIRGINIA ECONOMIC DEV AUTH
1.7%
CALIFORNIA MUN FIN AUTH
1.6%
CLEVELAND CNTY OKLA EDL FACS AUTH
1.4%
PENNSYLVANIA ECONOMIC DEV FING AUTH
1.4%
Asset allocation
Bonds
67.0%
Cash
33.0%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
0.9%Low
Year-on-year price swings
Max drawdown
-0.5%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
4.2 years
Avg maturity
10.1 years
Credit ratings
AAA
7.9%
AA
57.4%
A
18.8%
BBB
3.0%
Other
12.9%
Listing
- Exchange
- NYSE Arca
Full fund details
- Objective
- Seeks a high level of current income, consistent with relatively low volatility of principal, exempt from federal income tax.
- Strategy
- Actively manages a portfolio primarily invested in fixed income securities issued by U.S. states and municipalities, focusing on investment-grade credit quality. Aims for a high level of current income while maintaining low volatility of principal.
- Inception date
- July 23, 2024
- Fund family
- Goldman Sachs
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Data updated on 2026-09-18