Goldman Sachs High Yield Muni A (GHYAX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
8.77
+0.02 (0.23%)
Aug 22, 2025, 4:00 PM EDT
0.23%
Fund Assets11.55B
Expense Ratio0.85%
Min. Investment$1,000
Turnover18.00%
Dividend (ttm)0.38
Dividend Yield4.20%
Dividend Growth3.49%
Payout FrequencyMonthly
Ex-Dividend DateJul 31, 2025
Previous Close8.75
YTD Return-4.25%
1-Year Return-3.43%
5-Year Return0.71%
52-Week Low8.69
52-Week High9.51
Beta (5Y)n/a
Holdings3392
Inception DateApr 3, 2000

About GHYAX

Goldman Sachs High Yield Municipal Fund Class A is a mutual fund specializing in high yield municipal bonds. Its primary purpose is to generate a high level of current income that is exempt from regular federal income tax, with a secondary consideration for capital appreciation. The fund focuses on municipal securities that are rated medium quality or below investment grade at the time of purchase, resulting in higher yields but also greater credit and liquidity risks compared to traditional investment-grade municipal funds. It may allocate up to 100% of its assets to private activity bonds, whose interest could be subject to the federal alternative minimum tax. The portfolio is broadly diversified, often holding thousands of individual bonds across sectors such as transportation, healthcare, and housing, with significant positions in issuers like Puerto Rico Sales Tax Financing Corporation and Buckeye Tobacco Settlement Financing Authority. As of recent reports, the fund had over $9 billion in assets under management and maintained a moderate expense ratio. Investors benefit from monthly dividend distributions, making the fund a key vehicle for those seeking regular, tax-advantaged income. The fund plays a notable role within the municipal bond market, providing financing for a wide array of public projects while serving investors looking to balance higher income potential against greater market risks.

Fund Family Goldman Sachs
Category High Yield Muni
Stock Exchange NASDAQ
Ticker Symbol GHYAX
Share Class Class A
Index Bloomberg Municipal Bond High Yield TR

Performance

GHYAX had a total return of -3.43% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.82%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

SymbolShare ClassExpense Ratio
GGLPXClass P Shares0.53%
GHYSXClass R6 Shares0.53%
GHYIXInstitutional0.54%
GYIRXInvestor Shares0.60%

Top 10 Holdings

8.56% of assets
NameSymbolWeight
PUERTO RICO SALES TAX FING CORP SALES TAX REV 5%PR.PRCGEN 5 07.01.20581.55%
BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5%OH.BUCGEN 5 06.01.20551.14%
PUERTO RICO SALES TAX FING CORP SALES TAX REV 0%PR.PRCGEN 0 07.01.20461.03%
FLORIDA DEV FIN CORP REV 12%FL.FLSDEV 07.15.20320.95%
PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.329%PR.PRCGEN 4.33 07.01.20400.84%
DETROIT MICH 4%MI.DET 04.01.20440.72%
NEW JERSEY ST TRANSN TR FD AUTH 0%NJ.NJSTRN 0 12.15.20350.66%
NEW HOPE CULTURAL ED FACS FIN CORP TEX SR LIVING REV 5.5%TX.NHPFAC 5.5 01.01.20570.60%
CHICAGO ILL BRD ED 6.5%IL.CHIEDU 6.5 12.01.20460.53%
CALIFORNIA INFRASTRUCTURE & ECONOMIC DEV BK REV 9.5%CA.CASDEV 01.01.20650.53%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Jul 31, 2025$0.03376Jul 31, 2025
Jun 30, 2025$0.03236Jun 30, 2025
May 30, 2025$0.03302May 30, 2025
Apr 30, 2025$0.03185Apr 30, 2025
Mar 31, 2025$0.03321Mar 31, 2025
Feb 28, 2025$0.02896Feb 28, 2025
Full Dividend History