Performance
Trailing returns
| 1 day | +0.01% |
| |||
| 1 week |
| -1.07% | |||
| 4 week |
| -2.76% | |||
| 3 month |
| -0.26% | |||
| YTD | +1.44% |
| |||
| 1 year | +7.52% |
| |||
| 3 years* | - | ||||
| 5 years* | - | ||||
| *annualized | |||||
| Best 3 month return | +7.36% | |
| Worst 3 month return | -8.31% |
Morningstar statistics
Morningstar category: High Yield Muni
| Return | Risk | Rating | |
| 3 years | Above Average | Above Average |
 
|
| 5 years | Average | Above Average |
|
| 10 years | Average | Above Average |
|
| Overall | Average | Above Average |
|
Morningstar style Learn more
| Large | |||
| Mid | |||
| Small | |||
| Value | Blend | Growth |
Key statistics
| Total assets | 3.90B | |
| Front load | - | |
| Deferred load | - | |
| Expense ratio | 0.61% | |
| Management fee | - | |
| Fund family | Goldman Sachs |
Asset allocation
| Cash | 1.13% | |
| Stocks | 0.00% | |
| Bonds | 98.76% | |
| Other | 0.11% |
Purchase information
| Initial | US$0 | |
| Additional | US$0 | |
| IRA Initial | US$0 |
9.36-0.01(-0.11%)
Jun 18, 4:00PM EDT
Overall Morningstar RatingTM
Description
The investment seeks a high level of current income that is exempt from regular federal income tax and may also consider the potential for capital appreciation. The fund normally invests at least 80% of its net assets plus any borrowings for investment purposes in Municipal Securities, the interest on which is exempt from regular federal income tax. Its duration is expected to be equal to that of the Barclays Aggregate Municipal Bond Index, plus or minus two years. The fund is non-diversified.
Fund filings (PDF) »
Fund filings (PDF) »
Asset managers:
Scott Diamond (Started: Dec 31, 2002)
Ben Barber (Started: Apr 3, 2000)
Scott Diamond (Started: Dec 31, 2002)
Ben Barber (Started: Apr 3, 2000)
Risk
| 1 year | 3 years | 5 years | 10 years | ||
| Alpha* | 6.27 | 2.26 | -2.30 | -0.77 | |
| Beta* | 1.01 | 1.27 | 1.44 | 1.17 | |
| Mean annual return | 0.78 | 0.76 | 0.48 | 0.37 | |
| R-squared* | 89.16 | 75.47 | 40.97 | 41.04 | |
| Standard deviation | 3.46 | 5.70 | 10.83 | 8.29 | |
| Sharpe ratio | 2.68 | 1.59 | 0.51 | 0.33 | |
| * Against standard index | |||||
Top 10 holdings
| Security | Net Assets | |
| Allegheny Cnty Pa Hosp Dev Aut Rev Bd 5% | 1.79% | |
| Puerto Rico Comwlth Aqueduct & Rev Bd 6% | 1.60% | |
| North Tex Twy Auth 5.75% | 1.53% | |
| Detroit Mich Wtr Sply Sys Re Sr Li 5.25% | 1.41% | |
| Royal Oak Mich Hosp Fin Auth 8.25% | 1.31% | |
| Buckeye Ohio Tob Settlement Fi Toba 6.5% | 1.24% | |
| Milledgeville-Baldwin Cnty Ga Var Ref R | 1.15% | |
| Geisinger Auth | 1.08% | |
| Buckeye Ohio Tob Settlement Fi To 5.875% | 1.04% | |
| Puerto Rico Comwlth Aqueduct & Rev Bd 6% | 1.02% |