Goldman Sachs High Yield Municipal Fund Class A (GHYAX)

Fund Assets	12.95B
Expense Ratio	0.881%
Min. Investment	$1,000
Turnover	22.00%
Dividend (ttm)	0.39
Dividend Yield	4.58%
Dividend Growth	-0.29%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 30, 2026

Previous Close	8.47
YTD Return	-3.46%
1-Year Return	-2.62%
5-Year Return	-3.14%
52-Week Low	8.37
52-Week High	9.19
Beta (5Y)	0.15
Holdings	3652
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.

• Fund Family: Goldman Sachs
• Category: High Yield Muni
• Performance Rating: Average
• Risk Rating: Average
• Stock Exchange: Nasdaq
• Ticker Symbol: GHYAX
• Share Class: Class A
• Index: Bloomberg Municipal Bond High Yield TR

Performance

GHYAX had a total return of -2.62% 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.

Symbol	Share Class	Expense Ratio
GGLPX	Class P Shares	0.52%
GHYSX	Class R6 Shares	0.52%
GHYIX	Institutional	0.53%
GYIRX	Investor Shares	0.59%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 30, 2026	$0.0315	Sep 30, 2026
Aug 31, 2026	$0.03216	Aug 31, 2026
Jul 31, 2026	$0.03204	Jul 31, 2026
Jun 30, 2026	$0.03079	Jun 30, 2026
May 29, 2026	$0.03189	May 29, 2026
Apr 30, 2026	$0.0326	Apr 30, 2026

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Oct 15, 2026

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