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GMUN
Upturn stock rating

Goldman Sachs Community Municipal Bond ETF (GMUN)

Upturn stock rating
$50.78
Last Close (24-hour delay)
Profit since last BUY4.77%
upturn advisory
Consider higher Upturn Star rating
BUY since 98 days
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Upturn Advisory Summary

10/24/2025: GMUN (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

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 6.74%
Avg. Invested days 44
Today’s Advisory Consider higher Upturn Star rating
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Upturn Advisory Performance Upturn Advisory Performance 3.0
ETF Returns Performance Upturn Returns Performance 2.0
Upturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulation Last Close 10/24/2025

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

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Goldman Sachs Community Municipal Bond ETF

stock logo

ETF Overview

overview logo 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.

reliability logo Reputation and Reliability

Goldman Sachs Asset Management is a well-established and reputable asset manager with significant experience in fixed-income investments.

reliability logo Management Expertise

The management team has extensive experience in municipal bond investing and portfolio management.

Investment Objective

overview logo 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

overview logo 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.

Peer Comparison

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.

Upturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI Summarization 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.