Overseeing $130+ billion of AUM, we bring decades of experience with an active and disciplined approach to investing in a market that is vast and fragmented.
Decades of experience evaluating compelling opportunities. Over 50,000 issuers exist in the United States, each with unique financing needs for capital improvements, schools and local infrastructure.
Integrates trading and portfolio management capabilities to harness the ability to act quickly and appropriately based on market convictions, core to an active management philosophy.
Assesses municipal bonds across sectors and credit quality, providing a comprehensive view on the opportunity set to make informed investment decisions.
Source: GSAM. As of December 31, 2019.
GSAM offers three municipal bond funds
GS Short Duration Tax-Free Fund
Seeks high quality, short-term tax-free income
Morningstar Risk-Adjusted Ratings: GS Short Duration Tax-Free Fund (Muni National Short Category) - Class I Shares 3 Year 4 stars out of 176 funds, 5 Year 4 stars out of 158 funds, 10 year 4 stars out of 114 funds.
GS Dynamic Municipal Income Fund
Seeks to optimize tax-free total return through an active, flexible approach
Morningstar Risk-Adjusted Ratings: GS Dynamic Municipal Income Fund (Muni National Interm Category) - Class I Shares 3 Year 5 stars out of 239 funds, 5 Year 5 stars out of 215 funds, 10 year 5 stars out of 149 funds.
GS High Yield Municipal Fund
Seeks a high level of tax-free income by investing across high yield and investment grade credit
Morningstar Risk-Adjusted Ratings: GS High Yield Municipal Income Fund (High Yield Muni Category) - Class I Shares 3 Year 5 stars out of 155 funds, 5 Year 5 stars out of 135 funds, 10 year 5 stars out of 89 funds.
Morningstar rankings as of 12/31/19.
The GS Dynamic Municipal Income Fund (GSMTX) invests dynamically along the municipal yield curve and credit quality spectrum in an effort to maximize total return and tax-exempt income.
Periodic updates on the municipal market
The muni market comes into this crisis from a position of strength.LEARN MORE
Municipal bonds and taxes: they go together like bread and butter.LEARN MORE
Three muni themes we're focused on for 2020LEARN MORE
GSAM's monthly investment commentary on the muni market
GSAM's quarterly investment commentary on the muni market