Goldman Sachs Mncpl Inc Cpltn Sp Act Ins (GSAAX)

Fund Assets	322.81M
Expense Ratio	0.00%
Min. Investment	$0.00
Turnover	34.00%
Dividend (ttm)	0.45
Dividend Yield	4.95%
Dividend Growth	1.77%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 30, 2026

Previous Close	9.10
YTD Return	-2.41%
1-Year Return	-1.14%
5-Year Return	-6.91%
52-Week Low	8.98
52-Week High	9.83
Beta (5Y)	0.33
Holdings	1218
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.

• Fund Family: Goldman Sachs
• Performance Rating: High
• Risk Rating: High
• Stock Exchange: Nasdaq
• Ticker Symbol: GSAAX
• Share Class: Separate Account Institutional Shares

Performance

GSAAX had a total return of -1.14% in the past year, including dividends. Since the fund's inception, the average annual return has been 0.08%.

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 30, 2026	$0.03724	Sep 30, 2026
Aug 31, 2026	$0.0384	Aug 31, 2026
Jul 31, 2026	$0.03831	Jul 31, 2026
Jun 30, 2026	$0.03669	Jun 30, 2026
May 29, 2026	$0.03791	May 29, 2026
Apr 30, 2026	$0.03832	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 16, 2026

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