GSMEX

About GSMEX

Goldman Sachs Dynamic Municipal Income Fund Service Shares is an open-end mutual fund focused on providing a high level of current income that is exempt from regular federal income tax. The core strategy involves investing primarily in municipal securities, such as bonds issued by state and local governments across the United States, which fund public infrastructure and community projects. The fund seeks to maintain an intermediate duration, typically targeting portfolios with an effective duration between four and six years, balancing income generation with interest rate risk management. With a broad allocation across regions and sectors, it diversifies exposure and aims to reduce single-issuer risk. The fund is managed by a team at Goldman Sachs Asset Management with significant experience in municipal fixed income markets. The income earned from its holdings is generally free from federal taxes, making it especially relevant for investors seeking tax-efficient income solutions. Its positioning within the muni national intermediate fund category reflects its focus on general and insured municipal debt instruments, catering to investors with moderate risk profiles and emphasizing stability and tax-exempt yield within the broader fixed income market context.