Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
Help & Tutorial - Chart
- Upturn Summary
- Highlights
Upturn AI SWOT - About
Goldman Sachs Community Municipal Bond ETF (GMUN)
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)
Stock price based on last close (see disclosures)
- ALL
- 1Y
- 1M
- 1W
Upturn Advisory Summary
11/05/2025: GMUN (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type ETF | Historic Profit 6.52% | Avg. Invested days 45 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  3.0 | ETF Returns Performance  2.0 |
| Profits based on simulation | Last Close 11/05/2025 |
Key Highlights
Volume (30-day avg) - | Beta - | 52 Weeks Range 47.77 - 49.45 | Updated Date 06/30/2025 |
52 Weeks Range 47.77 - 49.45 | Updated Date 06/30/2025 |
Upturn AI SWOT
Goldman Sachs Community Municipal Bond ETF
ETF Overview
Overview
The Goldman Sachs Community Municipal Bond ETF (GMUN) seeks to provide current income, exempt from federal income tax, by investing in a diversified portfolio of municipal bonds that support local communities. It focuses on bonds issued by states, counties, cities, and other local government entities.
Reputation and Reliability
Goldman Sachs Asset Management is a well-established and reputable asset manager with significant experience in fixed-income investments.
Management Expertise
The management team has extensive experience in municipal bond investing and portfolio management.
Investment Objective
Goal
To provide current income exempt from federal income tax.
Investment Approach and Strategy
Strategy: The ETF invests primarily in investment-grade municipal bonds that support local communities. It employs a bottom-up credit analysis approach.
Composition The ETF holds a diversified portfolio of municipal bonds issued by various state and local government entities.
Market Position
Market Share: Insufficient data to provide an accurate market share.
Total Net Assets (AUM): 64000000
Competitors
Key Competitors
- VTEB
- MUB
- ITM
- SUB
Competitive Landscape
The municipal bond ETF market is competitive, with several large players offering similar products. GMUN distinguishes itself with its focus on community-based municipal bonds. Advantages may include positive social impact, while disadvantages could include potentially lower yields compared to broader municipal bond ETFs. Competitors like VTEB and MUB are larger and more liquid. GMUN's smaller size might mean less trading volume.
Financial Performance
Historical Performance: Insufficient data to provide accurate historical performance.
Benchmark Comparison: Insufficient data to provide an accurate benchmark comparison.
Expense Ratio: 0.25
Liquidity
Average Trading Volume
The ETF's average trading volume is moderate, which could affect trade execution costs. Trading volume data is unavailable.
Bid-Ask Spread
The bid-ask spread can fluctuate based on market conditions, affecting the cost of trading the ETF. Bid-Ask Spread is unavailable.
Market Dynamics
Market Environment Factors
Economic indicators such as interest rates, inflation, and state and local government financial health can significantly affect GMUN. Changes in tax laws can also influence the attractiveness of municipal bonds.
Growth Trajectory
The ETF's growth trajectory depends on investor demand for socially responsible municipal bond investments and its ability to attract assets. Strategy and holdings can change in response to market conditions and investment opportunities.
Moat and Competitive Advantages
Competitive Edge
GMUN's competitive advantage lies in its focus on community-based municipal bonds, attracting investors seeking social impact alongside tax-advantaged income. It differentiates itself by investing in bonds that directly support local communities. The Goldman Sachs brand and expertise in fixed-income investing also contribute to its appeal. However, its smaller size compared to competitors could limit its liquidity.
Risk Analysis
Volatility
Insufficient data to provide accurate historical volatility.
Market Risk
GMUN is subject to market risk, including interest rate risk, credit risk, and liquidity risk. Changes in interest rates can negatively impact bond prices. Credit risk relates to the possibility that bond issuers may default on their obligations.
Investor Profile
Ideal Investor Profile
The ideal investor for GMUN is someone seeking tax-exempt income, particularly those in higher tax brackets, and who values investments with a positive social impact.
Market Risk
GMUN is best suited for long-term investors seeking a stable income stream and who are comfortable with moderate risk.
Summary
The Goldman Sachs Community Municipal Bond ETF (GMUN) provides tax-exempt income by investing in municipal bonds that support local communities. It's managed by Goldman Sachs Asset Management and offers a socially responsible investment option. Key considerations include the ETF's moderate trading volume and the overall risks associated with fixed-income investments. Investors seeking tax-advantaged income and positive social impact might find GMUN a suitable addition to their portfolios. However, its smaller AUM compared to other municipal bond ETFs may affect liquidity.
Similar ETFs
Sources and Disclaimers
Data Sources:
- Goldman Sachs Asset Management
- ETF.com
- Bloomberg
Disclaimers:
The data provided is for informational purposes only and should not be considered investment advice. Past performance is not indicative of future results. Consult with a qualified financial advisor before making any investment decisions.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Goldman Sachs Community Municipal Bond ETF
Exchange NYSE ARCA | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
The fund seeks to achieve its investment objective by investing at least 80% of its assets (exclusive of collateral held from securities lending) in securities included in its underlying index. The index is a rules-based index that is designed to measure the performance of the municipal securities market with remaining maturities between one and 17 years.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.