Goldman Sachs Dynamic Municipal Income Fund Class A (GSMIX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD

14.52

0.00 (0.00%)

At close: Oct 14, 2026

Fund Assets	11.69B
Expense Ratio	0.71%
Min. Investment	$1,000
Turnover	24.00%
Dividend (ttm)	0.53
Dividend Yield	3.66%
Dividend Growth	1.88%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 30, 2026

Previous Close	14.52
YTD Return	-2.32%
1-Year Return	-1.40%
5-Year Return	1.45%
52-Week Low	14.33
52-Week High	15.47
Beta (5Y)	0.12
Holdings	4776
Inception Date	Jul 20, 1993

About GSMIX

Goldman Sachs Dynamic Municipal Income Fund Class A is an open‑end municipal bond fund designed to deliver a high level of current income that is exempt from regular federal income tax. It primarily invests in a diversified portfolio of tax‑exempt municipal securities across states and sectors, positioning in the intermediate segment of the market to balance income with interest‑rate sensitivity typical of muni national intermediate peers. The strategy employs active management, using dynamic sector and credit allocation—such as special assessment, hospital, airport, and sales tax revenue bonds—to capture opportunities while managing risk through broad diversification. The fund targets an intermediate duration profile consistent with portfolios in the four‑to‑six‑year range, aiming to preserve capital while generating tax‑advantaged distributions. It offers monthly income and features a front‑load share class structure with an expense ratio in the low‑to‑mid 0.7% range, alongside a modest minimum initial investment. By focusing on federally tax‑exempt income and multi‑state exposure, Goldman Sachs Dynamic Municipal Income Fund Class A serves investors seeking diversified municipal bond exposure and consistent, tax‑efficient cash flows.

Fund Family Goldman Sachs

Category Muni National Interm

Performance Rating Above Average

Risk Rating Above Average

Stock Exchange Nasdaq

Ticker Symbol GSMIX

Share Class Class A

Index Bloomberg Municipal Bond 1-10 Y Blend TR

Performance

GSMIX had a total return of -1.40% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.35%.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
GAJPX	Class P Shares	0.38%
GYISX	Class R6 Shares	0.38%
GSMTX	Institutional	0.39%
GUIRX	Investor Shares	0.47%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 30, 2026	$0.04397	Sep 30, 2026
Aug 31, 2026	$0.04486	Aug 31, 2026
Jul 31, 2026	$0.04466	Jul 31, 2026
Jun 30, 2026	$0.04308	Jun 30, 2026
May 29, 2026	$0.04426	May 29, 2026
Apr 30, 2026	$0.04444	Apr 30, 2026

Full Dividend History