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Goldman Sachs Municipal Income Fund Service Shares: (MF: GSMEX)
(NASDAQ Mutual Funds) As of Nov 5, 2024 08:00 PM ET
$15.45 USD
0.00 (NA)
Zacks MF Rank
1-Strong Buy of 5 1
Fund Description
The fund was incepted in July 1993 and is managed by Goldman Sachs Asset Management. The fund seeks a high level of current income that is exempt from regular federal income tax, consistent with preservation of capital. The fund invests at least 80% of its net assets in municipal securities, the interest on which is exempt from regular federal income tax. The fund may invest up to 100% of its assets in private activity bonds, the interest on which may be a preference item for purposes of the federal alternative minimum tax. 100% of the fund's portfolio will be invested in U.S. dollar-denominated securities. Dividends are declared daily and paid monthly. Capital gains are distributed annually.
Load Information
| Ticker | Max Load % |
Deferred Load % |
Red. Fee % |
12B-1 Fee % |
Mgmt Fee % |
Expense Ratio % |
|
|---|---|---|---|---|---|---|---|
| Goldman Sachs Dyn Muni Income Svc | GSMEX | NA | NA | 0.00 | 0.25 | 0.35 | 0.90 |
Return Data
| Ticker | Nav | Inception Date | % yield | 1 year return | 2 year return | 3 year return | |
|---|---|---|---|---|---|---|---|
| Goldman Sachs Municipal Income A | GSMIX | 15.49 | 7/20/1993 | 3.23 | 10.99 | 0.37 | 1.56 |
| Goldman Sachs Municipal Income Inst | GSMTX | 15.47 | 8/15/1997 | 3.55 | 11.36 | 0.67 | 1.87 |
| Goldman Sachs Municipal Income Svc | GSMEX | 15.45 | 8/15/1997 | 3.07 | 10.76 | 0.19 | 1.38 |
| Goldman Sachs Municipal Income C | GSMUX | 15.48 | 8/15/1997 | 2.50 | 10.08 | -0.38 | 0.82 |
| Goldman Sachs Municipal Income IR | GUIRX | 15.46 | 7/30/2010 | 3.48 | 11.28 | 0.61 | 1.79 |
Investment Information
| Ticker | Minimum Initial Investment ($) | Minimum Subsequent Investment ($) | Minimum Initial IRA ($) | Dividend Frequency | |
|---|---|---|---|---|---|
| Goldman Sachs Dyn Muni Income Svc | GSMEX | 0 | 0 | 0 | M |
Contact Information
| Family | Goldman Sachs |
| Address | 32 Old Slip New York, NY 10005 |
| Phone | 800 526-7384 |