Goldman Sachs High Yield Muni A (GHYAX)
| Fund Assets | 12.74B |
| Expense Ratio | 0.85% |
| Min. Investment | $1,000 |
| Turnover | 18.00% |
| Dividend (ttm) | 0.39 |
| Dividend Yield | 4.08% |
| Dividend Growth | 4.05% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Sep 30, 2025 |
| Previous Close | 9.07 |
| YTD Return | -0.86% |
| 1-Year Return | -0.76% |
| 5-Year Return | 4.87% |
| 52-Week Low | 8.69 |
| 52-Week High | 9.47 |
| Beta (5Y) | n/a |
| Holdings | 3392 |
| Inception Date | Apr 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.
Performance
GHYAX had a total return of -0.76% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.94%.
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 | $0.03245 | Sep 30, 2025 |
| Aug 29, 2025 | $0.03415 | Aug 29, 2025 |
| Jul 31, 2025 | $0.03376 | Jul 31, 2025 |
| Jun 30, 2025 | $0.03236 | Jun 30, 2025 |
| May 30, 2025 | $0.03302 | May 30, 2025 |
| Apr 30, 2025 | $0.03185 | Apr 30, 2025 |