Goldman Sachs Dynamic Municipal Inc R6 (GYISX)
| Fund Assets | 11.06B |
| Expense Ratio | 0.39% |
| Min. Investment | $0.00 |
| Turnover | 27.00% |
| Dividend (ttm) | 0.57 |
| Dividend Yield | 3.80% |
| Dividend Growth | 3.51% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 15.03 |
| YTD Return | -1.25% |
| 1-Year Return | -1.33% |
| 5-Year Return | 4.80% |
| 52-Week Low | 14.62 |
| 52-Week High | 15.60 |
| Beta (5Y) | n/a |
| Holdings | 4682 |
| Inception Date | Nov 30, 2017 |
About GYISX
Goldman Sachs Dynamic Municipal Income Fund Class R6 is an open‑end municipal bond fund designed to provide a high level of current income that is exempt from regular federal income tax. The strategy primarily invests in municipal securities, typically maintaining at least four‑fifths of assets in the sector while dynamically allocating across states, sectors, maturities, and credit tiers to balance income and risk. The fund emphasizes general and insured municipal debt and may include exposure to revenue bonds and other project‑backed issues, reflecting a diversified approach to tax‑advantaged fixed income. It distributes income monthly, offering a consistent cash flow profile aligned with its tax‑exempt mandate. This share class is structured for institutional platforms with a low expense ratio, supporting cost efficiency at scale. Within the municipal bond market, the fund serves as a core, nationally diversified vehicle for investors seeking federally tax‑exempt income with active management of duration and credit to navigate interest‑rate cycles and credit dispersion. Its role is to aggregate municipal market opportunities into a professionally managed portfolio that targets stable, tax‑efficient income while preserving capital under a disciplined risk framework.
Performance
GYISX had a total return of -1.33% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.19%.
Top 10 Holdings
5.06% 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 | 1.06% |
| ARIZONA ST HLTH FACS AUTH - Arizona Health Facilities Authority | AZ.AZSMED 01.01.2037 | 0.58% |
| TEXAS ST MUNI GAS ACQUISITION - Texas Municipal Gas Acquisition and Supply Corp II | TX.TXSUTL 09.15.2027 | 0.56% |
| S E ALABAMA ST GAS SPLY DIST G - Southeast Alabama Gas Supply District/The | AL.SOUUTL 06.01.2049 | 0.48% |
| MASSACHUSETTS ST - Commonwealth of Massachusetts | n/a | 0.46% |
| FLORIDA ST DEV FIN CORP - Florida Development Finance Corp | FL.FLSDEV 07.15.2032 | 0.42% |
| EAST CNTY ADVANCED WTR PURIFIC - East County Advanced Water Purification Joint Powers Authority | CA.EAWWTR 3.12 09.01.2026 | 0.41% |
| KENTUCKY ST PUBLIC ENERGY AUTH - Kentucky Public Energy Authority | KY.KYSPWR 12.01.2050 | 0.39% |
| City of Detroit MI | MI.DET 04.01.2044 | 0.36% |
| PUERTO RICO SALES TAX FING COR - Puerto Rico Sales Tax Financing Corp Sales Tax Revenue | PR.PRCGEN 5 07.01.2058 | 0.35% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 29, 2025 | $0.05009 | Aug 29, 2025 |
| Jul 31, 2025 | $0.04967 | Jul 31, 2025 |
| Jun 30, 2025 | $0.04776 | Jun 30, 2025 |
| May 30, 2025 | $0.04968 | May 30, 2025 |
| Apr 30, 2025 | $0.04761 | Apr 30, 2025 |
| Mar 31, 2025 | $0.04857 | Mar 31, 2025 |