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Goldman Sachs High Yield Muni Instl GHYIX

Analyst rating as of
NAV / 1-Day Return
10.59  /  0.06 %
Total Assets
12.1 Bil
Adj. Expense Ratio
0.540%
Expense Ratio
0.540%
Fee Level
Below Average
Longest Manager Tenure
19.05 years
Category
High Yield Muni
Credit Quality / Interest Rate Sensitivity
Low / Moderate
Min. Initial Investment
1,000,000
Status
Open
TTM Yield
3.06%
Effective Duration
6.79 years
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Morningstar’s Analysis

Will GHYIX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

An adventurous high-yield municipal offering.

Associate Analyst

Summary

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Goldman Sachs High Yield Municipal is managed by experienced leaders, though supporting municipal research resources are thin. The process employed is sensible for this strategy's historically aggressive profile, though it doesn't stand out relative to peers. It earns a Morningstar Analyst Rating of Neutral across all but the most expensive share class, which earns a Negative.

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