Morningstar

Goldman Sachs High Yield Municipal Fund Investor Class GYIRX

Morningstar Medalist Rating
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  • NAV / 1-Day Return $8.48  /  +0.59 %
  • Fund Size $12.6B
  • Adjusted Expense Ratio 0.590%
  • Net Expense Ratio 0.600%
  • Fee Level: Distribution Average
  • Share Class Type No Load
  • Morningstar Category High Yield Muni
  • Fixed-Income Style Box (Funds) —
  • Minimum Initial Investment $0
  • Investment Status Open
  • TTM Yield 4.85%
  • Average Effective Duration 7.67 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis GYIRX

Will GYIRX outperform in the future?

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

  • Process Pillar

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

  • People Pillar

    The People Pillar is our evaluation of the GYIRX 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

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

A strong team that doesn’t shy away from risk taking.

Associate Director Tom Murphy

Tom Murphy

Associate Director

Summary

Goldman Sachs High Yield Municipal's experienced managers and strong supporting analyst group help this team stand out from its high-yield muni peers.

by Tom Murphy
Rated on Published on

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Portfolio Holdings GYIRX

More GYIRX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 7.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

PUERTO RICO SALES TAX FING CORP SALES TAX REV 5%

1.51 206M
municipal

PUERTO RICO SALES TAX FING CORP SALES TAX REV 0%

1.06 145M
municipal

PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.329%

0.79 107M
municipal

Goldman Sachs FS Treasury Intms Instl

0.78 106M
Cash and Equivalents

DETROIT MICH 4%

0.63 86M
municipal

NEW JERSEY ST TRANSN TR FD AUTH 0%

0.61 83M
municipal

NEW HOPE CULTURAL ED FACS FIN CORP TEX SR LIVING REV 5.5%

0.61 83M
municipal

SKYFALL INFRASTRUCTURE FING DIST UTAH SPL ASSMT 7%

0.52 71M
municipal

PUERTO RICO SALES TAX FING CORP SALES TAX REV 0%

0.48 65M
municipal

BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5%

0.47 65M
municipal

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