---
ticker: "GMUB"
name: "Goldman Sachs Municipal Income ETF"
url: "https://etf.net/etf/GMUB"
grade: "A"
score: 74
graded_at: "2026-10-12"
category: "Other Municipal Bond"
category_rank: "11 of 63"
methodology: "https://etf.net/methodology"
---

# GMUB: Goldman Sachs Municipal Income ETF

Grade **A**, Score 74 of 100. Rank 11 of 63 in Other Municipal Bond.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 82 | 11 of 63 |
| Mission | 84 | 39 of 59 |
| Risk | 65 | 4 of 63 |
| Tradability | 60 | 21 of 63 |
| Holdings | 72 | 20 of 63 |
| Durability | 51 | 37 of 63 |

## Top holdings

The fund holds 845 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | FTIXX | Gs Trust - Gs Financial’s 3.76% 10/09/2026 | 4.96% |
| 2 | — | Charlotte-Mecklenburg Hos 1.35% 01/15/2042 | 2.02% |
| 3 | — | Puerto Rico Sales Tax Fin 4.33% 07/01/2040 | 1.85% |
| 4 | — | New York City Municipal W 1.30% 06/15/2041 | 1.00% |
| 5 | — | State of Georgia 4.00% 12/01/2032 | 0.98% |
| 6 | — | Ann Arbor Mich Hsg Commn 5.13% 12/01/2036 | 0.81% |
| 7 | — | Los Angeles Department of 5.50% 07/01/2046 | 0.74% |
| 8 | — | Chandler Industrial Devel 4.00% 06/01/2049 | 0.64% |
| 9 | — | District of Columbia Wate 1.40% 10/01/2060 | 0.64% |
| 10 | — | Arizona Health Facilities 4.21% 01/01/2037 | 0.59% |
| 11 | — | San Antonio, Texas (City 5.00% 02/01/2029 | 0.59% |
| 12 | — | Philadelphia Pennsylvania 5.00% 09/01/2027 | 0.58% |
| 13 | — | California Municipal Fina 5.00% 06/30/2032 | 0.54% |
| 14 | — | Dormitory Authority of Th 5.00% 03/15/2042 | 0.54% |
| 15 | — | Maryland (State Of) 5.00% 09/01/2031 | 0.52% |
| 16 | — | State of California 5.00% 12/01/2028 | 0.51% |
| 17 | — | Metropolitan Nashville Ai 5.00% 07/01/2040 | 0.49% |
| 18 | — | North East Independent Sc 5.00% 08/01/2043 | 0.49% |
| 19 | — | Lansing Board of Water & 5.00% 07/01/2051 | 0.49% |
| 20 | — | Metropolitan Transportati 4.00% 11/15/2031 | 0.49% |
| 21 | — | The Mesquite Housing Fina 3.21% 09/01/2060 | 0.47% |
| 22 | — | Pennsylvania Turnpike Com 5.25% 12/01/2044 | 0.46% |
| 23 | — | Puerto Rico Sales Tax Fin 07/01/2027 | 0.45% |
| 24 | — | Rhode Island Health and E 5.50% 05/15/2038 | 0.44% |
| 25 | — | Tarrant County Cultural E 5.00% 11/15/2055 | 0.43% |
| 26 | — | Kentucky Municipal Power 5.00% 09/01/2033 | 0.42% |
| 27 | — | New York City Transitiona 5.25% 11/01/2044 | 0.41% |
| 28 | — | Black Belt Energy Gas Dis 5.00% 12/01/2034 | 0.41% |
| 29 | — | Los Angeles County Metrop 5.00% 07/01/2035 | 0.41% |
| 30 | — | Dormitory Authority of Th 5.00% 03/15/2053 | 0.41% |

Source: etf.net, https://etf.net/etf/GMUB. Please cite the page URL.