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.
Fund Family Goldman Sachs
Category Muni National Interm
Performance Rating Above Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol GYISX
Share Class Class R6 Shares
Index Bloomberg Municipal Bond 1-10 Y Blend TR
GYISX had a total return of 0.48% in the past year, including dividends. Since the fund's
inception, the average annual return has been 2.38%.
