Goldman Sachs Ultra Short Municipal Income ETF

Frequently Asked Questions About GUMI

What does GUMI invest in?

The Goldman Sachs Ultra Short Municipal Income ETF, often referred to as "the Fund," strives to generate significant current income. It aims to achieve this while maintaining a relatively stable principal value, and the income earned is not subject to regular federal income tax.

What is the expense ratio of GUMI?

Goldman Sachs Ultra Short Municipal Income ETF (GUMI) charges an expense ratio of 0.16%. This is the annual fee deducted from fund assets to cover management and operations.

What is GUMI's dividend yield?

GUMI's trailing-twelve-month yield is 2.67%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of GUMI?

Effective duration measures GUMI's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. GUMI's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of GUMI?

GUMI's credit quality breakdown — the share of holdings rated AAA through CCC and below — is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.

What is the yield to maturity of GUMI?

Yield to maturity (YTM) is the total return you'd earn from GUMI if every bond in the portfolio is held to maturity at the current price. GUMI's YTM is published on the fund's factsheet on the issuer's website — it differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.