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About Goldman Sachs Ultra Short Municipal Income ETF
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Inception date
Jul 25, 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
US38149W5720
GUMI prioritizes tax-exempt municipal bonds for high current income and stable principal value. It commits a majority of its assets to fixed income securities issued by US states, territories, and local governments. Utilizing a blend of macroeconomic analysis and individual security assessments, GUMI considers factors such as credit quality, structure, and tax benefits. The fund may also factor in ESG criteria during its selection process. GUMI typically maintains a duration of around 0.5 years (6 months) with minor fluctuations permitted. It also has the flexibility to invest up to 100% in private activity bonds, which 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%
Municipal100.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
GUMI last dividends amounted to 0.12 USD. The month before, the issuer paid 0.12 USD in dividends, which shows a 0.80% increase.
GUMI assets under management is 13.85 M USD. It's risen 0.24% over the last month.
GUMI fund flows account for 8.78 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, GUMI pays dividends to its holders with the dividend yield of 3.06%. The last dividend (Sep 8, 2025) amounted to 0.12 USD. The dividends are paid monthly.
GUMI shares are issued by The Goldman Sachs Group, Inc. under the brand Goldman Sachs. The ETF was launched on Jul 25, 2024, and its management style is Active.
GUMI expense ratio is 0.16% meaning you'd have to pay 0.16% of your investment to help manage the fund.
GUMI follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
GUMI invests in bonds.
GUMI price has fallen by −0.04% over the last month, and its yearly performance shows a −0.12% decrease. See more dynamics on GUMI price chart.
NAV returns, another gauge of an ETF dynamics, showed a 0.99% increase in three-month performance and has increased by 2.44% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 0.99% increase in three-month performance and has increased by 2.44% in a year.
GUMI trades at a premium (0.09%) meaning the ETF is trading at a higher price than the calculated NAV.