Goldman Sachs Mncpl Inc Cpltn Sp Act Ins (GSAAX)
| Fund Assets | 288.95M |
| Expense Ratio | n/a |
| Min. Investment | $0.00 |
| Turnover | 30.00% |
| Dividend (ttm) | 0.44 |
| Dividend Yield | 4.60% |
| Dividend Growth | 3.63% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Sep 30, 2025 |
| Previous Close | 9.62 |
| YTD Return | -0.82% |
| 1-Year Return | -1.92% |
| 5-Year Return | -3.61% |
| 52-Week Low | 9.24 |
| 52-Week High | 9.99 |
| Beta (5Y) | 0.33 |
| Holdings | 1114 |
| Inception Date | n/a |
About GSAAX
Goldman Sachs Municipal Income Completion Fund Separate Account Institutional Shares is a mutual fund that primarily focuses on generating a high level of current income exempt from regular federal income tax. This fund is managed by Goldman Sachs Asset Management and is structured to serve separately managed account clients, implementing specialized municipal investment strategies. It invests at least 80% of its net assets in U.S. municipal securities, with the entire portfolio denominated in U.S. dollars. Notably, the fund may invest in both investment-grade and non-investment-grade ("junk") municipal bonds, including private activity bonds, and it has flexibility to hold securities in default if deemed appropriate. The fund can use derivatives to manage duration and risk exposures. Its design reflects a targeted approach for institutional investors seeking to optimize municipal bond allocations and tax-exempt income, often within larger investment strategies. The fund’s expense structure is minimal, with certain share classes featuring no annual operating expenses due to waivers, making it potentially appealing for fee-sensitive clients seeking tax-efficient fixed income exposure.
Performance
GSAAX had a total return of -1.92% in the past year, including dividends. Since the fund's inception, the average annual return has been -0.20%.
Top 10 Holdings
8.60% of assets| Name | Symbol | Weight |
|---|---|---|
| PUERTO RICO SALES TAX FING COR - Puerto Rico Sales Tax Financing Corp Sales Tax Revenue | PR.PRCGEN 4.33 07.01.2040 | 1.32% |
| PUERTO RICO SALES TAX FING COR - Puerto Rico Sales Tax Financing Corp Sales Tax Revenue | PR.PRCGEN 4.78 07.01.2058 | 1.02% |
| FLORIDA ST DEV FIN CORP - Florida Development Finance Corp | FL.FLSDEV 07.15.2032 | 0.94% |
| BURKE CNTY GA DEV AUTH POLL CO - Development Authority of Burke County/The | GA.BURPOL 07.01.2049 | 0.93% |
| GAINESVILLE FL UTILITIES SYS R - City of Gainesville FL Utilities System Revenue | FL.GAIUTL 10.01.2042 | 0.93% |
| PUERTO RICO SALES TAX FING COR - Puerto Rico Sales Tax Financing Corp Sales Tax Revenue | PR.PRCGEN 5 07.01.2058 | 0.80% |
| MET WASHINGTON DC ARPTS AUTH A - Metropolitan Washington Airports Authority Aviation Revenue | DC.METAPT 5 10.01.2043 | 0.75% |
| MET TRANSPRTN AUTH NY REVENUE - Metropolitan Transportation Authority | n/a | 0.73% |
| N TX TOLLWAY AUTH REVENUE - North Texas Tollway Authority | n/a | 0.60% |
| LOUISIANA PUB FACS AUTH REVENU - Louisiana Public Facilities Authority | LA.LASFAC 5.5 09.01.2054 | 0.58% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 30, 2025 | $0.03741 | Sep 30, 2025 |
| Aug 29, 2025 | $0.03869 | Aug 29, 2025 |
| Jul 31, 2025 | $0.03723 | Jul 31, 2025 |
| Jun 30, 2025 | $0.03666 | Jun 30, 2025 |
| May 30, 2025 | $0.03759 | May 30, 2025 |
| Apr 30, 2025 | $0.03669 | Apr 30, 2025 |