Goldman Sachs ETF Trust Goldman Sachs Ultra Short Municipal Income ETF(AMEX:GUMI)

GUMI prioritizes tax-exempt municipal bonds for high current income and stable principal value. It commits a majority of its assets to fixed income securities issued by US states, territories, and local governments. Utilizing a blend of macroeconomic analysis and individual security assessments, GUMI considers factors such as credit quality, structure, and tax benefits. The fund may also factor in ESG criteria during its selection process. GUMI typically maintains a duration of around 0.5 years (6 months) with minor fluctuations permitted. It also has the flexibility to invest up to 100% in private activity bonds, which may be subject to the federal alternative minimum tax.