GMUB ETF Analysis: Goldman Sachs Municipal | NYSE

Muni National Interm | NYSE, USA | Market Cap: 459m USD | 12M Return: -0.3% | Charts, Fundamentals & Technical Analysis

Municipal Bonds, Tax-Exempt Income, State Securities, Local Debt
Total Rating 41
Safety 68
Buy Signal -0.61
Muni National Interm
Category Rotation: +4.2
TER: 18.00%
AUM: 459M
Avg Turnover: 4.76M
Risk 3d forecast
Volatility6.05%
VaR 5th Pctl1.09%
VaR vs Median0.10%
Reward TTM
Sharpe Ratio-1.61
Rel. Str. IBD28.7
Rel. Str. Peer Group97.6
Character TTM
Beta0.072
Beta Downside0.070
Hurst Exponent0.584
Drawdowns 3y
Max DD4.30%
CAGR/Max DD0.50
CAGR/Mean DD3.09

Warnings

Below Sma 200d

Tailwinds

No distinct edge detected

Seasonality 2.1 years of data

Jan +0.1% -
Feb +0.6% -
Mar -2.5% -
Apr +0.1% -
May -0.5% -
Jun -0.1% -
Jul -1.1% 33
Aug +0.1% 0
Sep +1.3% -
Oct +0.2% -
Nov -0.1% -
Dec +0.0% -

How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.

Description: GMUB Goldman Sachs Municipal

The Goldman Sachs Municipal Income ETF (GMUB) is a non-diversified exchange-traded fund that invests at least 80% of its net assets in fixed income securities issued by U.S. states, territories, possessions, and their political subdivisions, agencies, and instrumentalities. A core feature of the funds investments is that the interest income is exempt from regular federal income tax, which is characteristic of municipal bond funds. Listed on the NYSE under the ticker GMUB and categorized as a Muni National Intermediate fund, it launched in mid-2024 and operates as a small-cap ETF with approximately $328M in assets under management.

Headlines to Watch Out For
  • Fed rate cuts lift intermediate muni bond prices
  • Federal tax reform threatens muni tax-exempt advantage
  • Sustained inflows expand GMUB assets and liquidity
What is the price of GMUB shares?

As of September 27, 2026, the stock is trading at USD 48.93 with a total of 567,441 shares traded. Over the past week, the price has changed by -1.61%, over one month by -3.47%, over three months by -4.12% and over the past year by -0.26%.

Current recommended Stop Loss: 48.60 (which is 0.7% or 1.6 ATR below the current price).

Is GMUB a buy, sell or hold?

Goldman Sachs Municipal has no consensus analysts rating.