Goldman Sachs ETF Trust (GMUN) is an exchange-traded fund that seeks to provide investment results corresponding to the Bloomberg Goldman Sachs Community Municipal Index, focusing on U.S. investment-grade municipal bonds with remaining maturities between 1 and 15 years; the portfolio emphasizes tax-exempt securities issued by states, territories, political subdivisions, agencies, and instrumentalities, screened for social and environmental factors including exclusion of negative sectors and inclusion of green, social, and sustainable-labeled bonds in essential services such as education, healthcare, and clean water. The fund invests at least 80% of its net assets in index components, comprising fixed-income municipal securities rated Baa3/BBB- or higher with a weighted average maturity around 6 years and holdings diversified across approximately 270 securities like California Educational Facilities Authority revenue bonds, San Antonio Electric & Gas revenue bonds, and New York City transitional finance authority bonds. It operates within the municipal bond sector targeting intermediate-term, national muni investors seeking tax-exempt income with moderate interest-rate sensitivity and mid-credit quality.
Headquartered in New York, New York, as part of the Goldman Sachs Asset Management family under The Goldman Sachs Group, Inc., the trust was established in 2009, with GMUN launched on March 7, 2023, and domiciled in the United States; it trades on NYSE Arca with total assets under management of approximately $10.1 million as of late 2025. Geographically, the fund concentrates on U.S. municipal issuers across states including California, Texas, New York, and others, providing exposure to domestic public finance without international operations.
In a significant recent development effective after the close of business on June 30, 2025, the Goldman Sachs Community Municipal Bond ETF rebranded to the Goldman Sachs Access Municipal Bond ETF, aligning with broader naming conventions for Goldman Sachs' ETF suite while maintaining its underlying index and strategy. This name change reflects ongoing refinements in product branding amid stable operations and no reported acquisitions, funding rounds, or major strategic shifts specific to GMUN in the last 1-2 years. Parent entity Goldman Sachs announced a $2 billion acquisition of Innovator Capital Management on December 1, 2025, expected to close in Q2 2026, expanding the firm's defined-outcome ETF capabilities but not directly impacting GMUN's municipal bond focus.