GMUB

Goldman Sachs Municipal Income ETF

$51.08

+0.00%

Market closed. Last update: 10:57 PM ET

📎 Investment Objective

The Goldman Sachs Municipal Income ETF (GMUB) seeks to provide current income that is exempt from federal income taxes by investing primarily in municipal bonds.

Overview

ETF tracking Goldman Sachs Municipal Income ETF

Category Municipal Bonds

Issuer Other

Inception Date 2024-07-25

Market Cap $107.3M

Average Volume N/A

Dividend Yield 2.58%

52-Week Range $48.58 - $51.28

VWAP $51.13

Performance

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Investment Summary

📎 Investment Objective

The Goldman Sachs Municipal Income ETF (GMUB) seeks to provide current income that is exempt from federal income taxes by investing primarily in municipal bonds.

🎯 Investment Strategy

GMUB invests in a diversified portfolio of municipal bonds, focusing on investment-grade securities. The fund aims to maintain a high-quality, low-risk portfolio while generating tax-exempt income for investors.

✨ Key Features

Invests in a broad range of municipal bonds, including general obligation and revenue bonds
Focuses on investment-grade securities to manage credit risk
Seeks to provide tax-exempt income for investors subject to federal income taxes
Low expense ratio of 0.00%

⚠️ Primary Risks

Interest rate risk: The value of municipal bonds may decline as interest rates rise
Credit risk: The fund is exposed to the risk of default or downgrade by the issuers of the municipal bonds
Liquidity risk: Municipal bonds may have lower trading volume, making them harder to sell
Concentration risk: The fund's performance may be more sensitive to events affecting the municipal bond market

👤 Best For

GMUB may be suitable for investors seeking tax-exempt income and a low-risk, diversified exposure to the municipal bond market. It may be particularly appealing to investors in higher tax brackets who are looking to maximize their after-tax returns.