Goldman Sachs Dynamic Municipal Income Fund Class C (GSMUX)
| Fund Assets | 11.80B |
| Expense Ratio | 1.48% |
| Min. Investment | $1,000 |
| Turnover | 27.00% |
| Dividend (ttm) | 0.42 |
| Dividend Yield | 2.68% |
| Dividend Growth | 6.50% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 15.57 |
| YTD Return | 1.21% |
| 1-Year Return | 3.63% |
| 5-Year Return | 2.30% |
| 52-Week Low | 14.44 |
| 52-Week High | 15.57 |
| Beta (5Y) | n/a |
| Holdings | 4714 |
| Inception Date | Aug 15, 1997 |
About GSMUX
Goldman Sachs Dynamic Municipal Income Fund Class C is an actively managed municipal bond mutual fund focused on delivering a high level of current income that is generally exempt from regular federal income tax. The strategy invests primarily in a diversified portfolio of investment-grade and selectively non-investment-grade municipal securities across states and sectors, targeting the intermediate portion of the muni curve to balance income with interest rate sensitivity. The fund resides in the Muni National Intermediate category, which typically spans durations of roughly four to six years and disperses holdings to mitigate single-state or sector concentration risk. Management employs credit research and dynamic allocation to adjust exposures as market and policy conditions evolve, including shifts in municipal credit fundamentals and the interest rate environment. The vehicle plays a role in taxable accounts seeking tax-advantaged cash flows from state and local government financing—such as infrastructure, education, and healthcare—while maintaining diversified municipal exposure. Class C shares feature a distribution and service fee structure that differs from other share classes, which can affect net returns and holding period considerations.
Performance
GSMUX had a total return of 3.63% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.25%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.03583 | Jan 30, 2026 |
| Dec 31, 2025 | $0.03541 | Dec 31, 2025 |
| Nov 28, 2025 | $0.03462 | Nov 28, 2025 |
| Oct 31, 2025 | $0.03503 | Oct 31, 2025 |
| Sep 30, 2025 | $0.0346 | Sep 30, 2025 |
| Aug 29, 2025 | $0.0363 | Aug 29, 2025 |