Key stats
About Goldman Sachs Municipal Income ETF
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Inception date
Jul 23, 2024
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Goldman Sachs Asset Management LP
Distributor
ALPS Distributors, Inc.
ISIN
US38149W5498
GMUB aims to generate a high level of current income free from regular federal income taxes by primarily investing in municipal bonds. At least 80% of its assets are dedicated to fixed income securities issued by states, territories, and local governments within the US. Additionally, up to 15% may be invested in non-investment grade bonds. GMUBs investment approach combines broad macroeconomic analysis with assessments of individual securities, considering factors like credit quality, structure, and tax benefits. The fund may also integrate ESG criteria into its selection process. Typically, GMUB maintains a duration between three and six years. The fund may allocate up to 20% of its assets to private activity bonds, although the interest on these bonds may be subject to the federal alternative minimum tax.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Municipal
Bonds, Cash & Other100.00%
Municipal99.51%
Mutual fund0.49%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
GMUB last dividends amounted to 0.13 USD. The month before, the issuer paid 0.11 USD in dividends, which shows a 21.08% increase.
GMUB assets under management is 93.77 M USD. It's risen 7.75% over the last month.
GMUB fund flows account for 86.69 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, GMUB pays dividends to its holders with the dividend yield of 3.16%. The last dividend (Sep 8, 2025) amounted to 0.13 USD. The dividends are paid monthly.
GMUB shares are issued by The Goldman Sachs Group, Inc. under the brand Goldman Sachs. The ETF was launched on Jul 23, 2024, and its management style is Active.
GMUB expense ratio is 0.18% meaning you'd have to pay 0.18% of your investment to help manage the fund.
GMUB follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
GMUB invests in bonds.
GMUB price has risen by 0.68% over the last month, and its yearly performance shows a −1.20% decrease. See more dynamics on GMUB price chart.
NAV returns, another gauge of an ETF dynamics, showed a 2.14% increase in three-month performance and has increased by 2.05% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 2.14% increase in three-month performance and has increased by 2.05% in a year.
GMUB trades at a premium (0.26%) meaning the ETF is trading at a higher price than the calculated NAV.