Goldman Sachs High Yield Muni P (GGLPX)
| Fund Assets | 12.74B |
| Expense Ratio | 0.53% |
| Min. Investment | $0.00 |
| Turnover | 18.00% |
| Dividend (ttm) | 0.42 |
| Dividend Yield | 4.59% |
| Dividend Growth | 3.76% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Sep 30, 2025 |
| Previous Close | 9.10 |
| YTD Return | -1.25% |
| 1-Year Return | -1.84% |
| 5-Year Return | 6.08% |
| 52-Week Low | 8.68 |
| 52-Week High | 9.46 |
| Beta (5Y) | n/a |
| Holdings | 3392 |
| 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 -1.84% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.55%.
Top 10 Holdings
8.49% of assets| Name | Symbol | Weight |
|---|---|---|
| PUERTO RICO SALES TAX FING COR - Puerto Rico Sales Tax Financing Corp Sales Tax Revenue | PR.PRCGEN 5 07.01.2058 | 1.54% |
| BUCKEYE OH TOBACCO SETTLEMENT - Buckeye Tobacco Settlement Financing Authority | OH.BUCGEN 5 06.01.2055 | 1.13% |
| PUERTO RICO SALES TAX FING COR - Puerto Rico Sales Tax Financing Corp Sales Tax Revenue | PR.PRCGEN 0 07.01.2046 | 1.03% |
| FLORIDA ST DEV FIN CORP - Florida Development Finance Corp | FL.FLSDEV 07.15.2032 | 0.95% |
| PUERTO RICO SALES TAX FING COR - Puerto Rico Sales Tax Financing Corp Sales Tax Revenue | PR.PRCGEN 4.33 07.01.2040 | 0.83% |
| City of Detroit MI | MI.DET 04.01.2044 | 0.71% |
| NEW JERSEY ST TRANSPRTN TRUST - New Jersey Transportation Trust Fund Authority | NJ.NJSTRN 0 12.15.2035 | 0.65% |
| NEW HOPE CULTURAL EDU FACS FIN - New Hope Cultural Education Facilities Finance Corp | TX.NHPFAC 5.5 01.01.2057 | 0.60% |
| CHICAGO IL BRD OF EDU - Chicago Board of Education | IL.CHIEDU 6.5 12.01.2046 | 0.53% |
| CALIFORNIA ST INFRASTRUCTURE & - California Infrastructure & Economic Development Bank | CA.CASDEV 01.01.2065 | 0.52% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 30, 2025 | $0.03479 | Sep 30, 2025 |
| Aug 29, 2025 | $0.03651 | Aug 29, 2025 |
| Jul 31, 2025 | $0.03613 | Jul 31, 2025 |
| Jun 30, 2025 | $0.03467 | Jun 30, 2025 |
| May 30, 2025 | $0.03543 | May 30, 2025 |
| Apr 30, 2025 | $0.03418 | Apr 30, 2025 |