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Goldman Sachs Dynamic Municipal Inc Inst GSMTX

Morningstar Analyst Rating
Analyst rating as of
NAV / 1-Day Return
16.89  /  0.04 %
Total Assets
10.1 Bil
Adj. Expense Ratio
0.390%
Expense Ratio
0.390%
Fee Level
Low
Longest Manager Tenure
19.31 years
Category
Muni National Interm
Credit Quality / Interest Rate Sensitivity
Medium / Moderate
Min. Initial Investment
1,000,000
Status
Open
TTM Yield
2.38%
Effective Duration
5.55 years

USD | NAV as of Jun 18, 2021 | 1-Day Return as of Jun 18, 2021, 10:07 PM GMT+00:00

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Morningstar’s Analysis

Will GSMTX outperform in future?

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

Process Pillar

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The Process Pillar is our assessment of how sensible, clearly defined, and repeatable GSMTX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

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The People Pillar is our evaluation of the GSMTX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

Parent Pillar

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The Parent Pillar is our rating of GSMTX’s parent organization’s priorities and whether they’re in line with investors’ interests.

New Manager Addition Does Not Affect Ratings on Goldman Sachs Municipal Fund Offerings

Strategist

Analyst Note

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Sylvia Yeh’s appointment to the management roster on Goldman Sachs’ municipal funds effective March 12, 2021, does not have a material impact on the strategies’ ratings; Goldman Sachs Short Duration Tax-Free, Goldman Sachs Dynamic Municipal Income, and Goldman Sachs High Yield Municipal retain their People Pillar ratings of Average as well as their current Morningstar Analyst Ratings.

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