GHYCX

About GHYCX

Goldman Sachs High Yield Municipal Fund Class C is a mutual fund designed to provide investors with a high level of current income that is exempt from regular federal income tax, while also considering opportunities for capital appreciation. The fund primarily invests in a diversified portfolio of high-yield municipal securities, which are typically rated as medium quality or below investment grade at the time of purchase. These securities are issued by state and local governments, or their agencies, to finance public projects like transportation, hospitals, and housing, broadening the fund’s exposure to various sectors within the municipal market. Notably, the fund may allocate up to 100% of its net assets to private activity bonds, offering a dynamic approach to municipal credit. With a history dating back to April 2000, Goldman Sachs High Yield Municipal Fund Class C plays a specialized role in the fixed income segment by allowing investors to seek tax-advantaged income, diversify their holdings, and gain exposure to segments of the municipal bond market with higher risk and yield profiles compared to traditional investment grade offerings.