Goldman Sachs High Yield Municipal Fund Class P (GGLPX)
| Fund Assets | 13.05B |
| Expense Ratio | 0.53% |
| Min. Investment | $1,000,000 |
| Turnover | 18.00% |
| Dividend (ttm) | 0.42 |
| Dividend Yield | 4.63% |
| Dividend Growth | 3.79% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 9.10 |
| YTD Return | 0.96% |
| 1-Year Return | 2.10% |
| 5-Year Return | 5.11% |
| 52-Week Low | 8.34 |
| 52-Week High | 9.10 |
| Beta (5Y) | n/a |
| Holdings | 3500 |
| Inception Date | Apr 20, 2018 |
About GGLPX
Goldman Sachs High Yield Municipal Fund Class P is a mutual fund focused primarily on delivering a high level of current income exempt from regular federal income tax. The fund invests at least 80% of its net assets in fixed income securities issued by or on behalf of U.S. states, territories, and their political subdivisions, prioritizing high-yield municipal bonds that are typically rated below investment grade. This approach seeks to capture elevated yields from issuers such as transportation, healthcare, and housing authorities, along with selective exposure to sectors like tobacco settlement and public infrastructure. The fund’s portfolio is broadly diversified, often comprising thousands of holdings and emphasizing credits with higher risk profiles to enhance potential income. Goldman Sachs High Yield Municipal Fund Class P stands out for its role in providing investors access to tax-advantaged income through municipal bonds that may offer greater yield in exchange for added credit and market risks. Managed by Goldman Sachs Asset Management, the fund pursues opportunities across the municipal high-yield spectrum while maintaining monthly income distributions, making it a notable vehicle for those seeking federally tax-exempt income within a diversified fixed income strategy.
Performance
GGLPX had a total return of 2.10% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.59%.
Top 10 Holdings
7.56% of assets| Name | Symbol | Weight |
|---|---|---|
| PUERTO RICO SALES TAX FING CORP SALES TAX REV 5% | PR.PRCGEN 5 07.01.2058 | 1.54% |
| PUERTO RICO SALES TAX FING CORP SALES TAX REV 0% | PR.PRCGEN 0 07.01.2046 | 1.03% |
| PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.329% | PR.PRCGEN 4.33 07.01.2040 | 0.83% |
| BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5% | OH.BUCGEN 5 06.01.2055 | 0.76% |
| DETROIT MICH 4% | MI.DET 04.01.2044 | 0.66% |
| NEW JERSEY ST TRANSN TR FD AUTH 0% | NJ.NJSTRN 0 12.15.2035 | 0.65% |
| NEW HOPE CULTURAL ED FACS FIN CORP TEX SR LIVING REV 5.5% | TX.NHPFAC 5.5 01.01.2057 | 0.62% |
| NEW JERSEY ST TRANSN TR FD AUTH 0% | NJ.NJSTRN 0 12.15.2036 | 0.50% |
| CHICAGO ILL BRD ED 6.5% | IL.CHIEDU 6.5 12.01.2046 | 0.49% |
| PUERTO RICO SALES TAX FING CORP SALES TAX REV 0% | PR.PRCGEN 0 07.01.2051 | 0.48% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.0362 | Jan 30, 2026 |
| Dec 31, 2025 | $0.03569 | Dec 31, 2025 |
| Nov 28, 2025 | $0.03479 | Nov 28, 2025 |
| Oct 31, 2025 | $0.03558 | Oct 31, 2025 |
| Sep 30, 2025 | $0.03479 | Sep 30, 2025 |
| Aug 29, 2025 | $0.03651 | Aug 29, 2025 |