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›ETF Providers›Goldman Sachs›GCAL

GCAL

US38149W5647

Active ETF Fixed Income

GCAL ETF · Goldman Sachs Dynamic California Municipal Income ETF

The GCAL Exchange Traded Fund (ETF) is provided by Goldman Sachs. This fund is actively managed; it does not track an index. This share class generates a stream of income by distributing dividends.

Last update 3/13/2026, 1:30 PM UTC

LIVE

CLOSED

This fund is part ofMunicipal Bonds1M perf.-0.64%

Last price

$51.04

1M perf.

-0.27%

1M flows

+€3.3M

AuM

€136M

E/R

0.35%

Rating

Not rated

ESG Consensus®

GCAL

$51.04

Performance & flows

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December 11, 2025 → March 11, 2026

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GCAL

$51.02

+1.31%

Municipal Bonds

+1.08%

Historic performance and flows

	1M	3M	1Y	3Y	5Y	MTD	QTD	YTD
Perf.	-0.27%	+1.31%	+4.40%	N/A	N/A	-0.94%	+1.00%	+1.00%
Flows

Key fund info

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This ETF's jurisdiction country is not in your region (Europe and Middle East) ·

Main characteristics

Issuer

Goldman Sachs

CUSIP

38149W564

ISIN

US38149W5647

AuM

€136M

E/R

0.35%

ESG Consensus®

More details

NAV

3/11/2026

$51.02

1D NAV change

-0.19%

Dividend policy

Distributing

No. of holdings

N/A

Inception date

7/25/2024

Jurisdiction

United States

Distribution

United States

Legal structure

Open-end Fund

Base currency

USD

Dividend distribution

Trailing 12-month distr. yield

Distribution frequency

Last distribution

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Classification

Product type

Active ETF

Asset class

Fixed Income

Factors

N/A

Investment strategy

The Goldman Sachs Dynamic California Municipal Income ETF (the “Fund”) seeks a high level of current income that is exempt from regular federal income tax and California personal income tax.

Tax optimisation

PEA

France

UK Reporting Status

United Kingdom

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Risk profile

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Historical risk/return profile

	3M	1Y	3Y	5Y
Returns	+1.31%	+4.40%	N/A	N/A
Volatility
Perf./Volatility
Max drawdown

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Synthetic Risk and Reward Indicator (SRRI)

UCITS

N/A

PRIIPS

N/A

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Enterprise

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Exposure

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Sustainability

Integrates ESG criteria

SDG

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Issuer

Goldman Sachs

Goldman Sachs ID Card

Number of funds

Total AuM

€51.35B

Expense ratio range

0.07% - 1.25%

Average expense ratio

0.3105%

View all Goldman Sachs funds

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Frequently asked questions about GCAL

What does Goldman Sachs Dynamic California Municipal Income ETF, GCAL, invest in?

GCAL is a Active ETF. This ETF provides exposure to US Investment Grade Municipal Bonds.

What is the Total Expense ratio (TER) of GCAL?

GCAL carries a total expense ratio (TER) of 0.35%, indicating the annual cost for holding the fund.

When was GCAL launched?

GCAL was introduced to the market on July 25, 2024. It trades on United States

Who is the ETF issuer of GCAL?

Goldman Sachs Dynamic California Municipal Income ETF, GCAL, is provided by Goldman Sachs. Learn more about Goldman Sachs here.

What is the current assets under management (AUM) of GCAL?

GCAL oversees €136M in assets as of March 11, 2026.

How has GCAL performed lately?

Based on data from March 11, 2026, GCAL returned -0.27% over the past month, 1.31% over the last three months and 1.00% year-to-date.

What are the latest inflows or outflows for GCAL?

As of March 11, 2026, GCAL recorded net flows of +€3.3M over the last month and +€15M year-to-date.

Does GCAL distribute dividends?

GCAL follows a distributing dividend policy, meaning it pays out income to investors. As of March 11, 2026, its 12-month trailing yield was 3.18%.

What is the base currency of GCAL?

The base currency of GCAL is USD.

About Trackinsight

Since our founding in 2016, we have been at the forefront of the industry, delivering accessible, comprehensive, and reliable tools to support the evolving needs of investors.

Over the past decade, Trackinsight has expanded its operations across six countries, serving thousands of professional investors. We’ve consistently innovated to provide cutting-edge solutions that meet the changing demands of the ETF market.

In 2024, Kepler Cheuvreux, a leading independent European financial services firm, acquired a majority stake in Trackinsight, becoming the company's principal shareholder.

This strategic partnership solidifies Trackinsight's position as a premier provider of ETF selection and analysis tools, while strengthening Kepler Cheuvreux’s commitment to becoming a leading player in the ETF sector.

Together, we are committed to offering advanced services that empower professional investors, advisors, institutions, and issuers. This new step enables us to deliver even more comprehensive and innovative technological solutions, driving ETF investing to new heights.

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GCAL ETF · Goldman Sachs Dynamic California Municipal Income ETF

Performance & flows

Historic performance and flows

Monthly performance and flows

Trading and listing info

Key fund info

Enterprise

Risk profile

Historical risk/return profile

Enterprise

Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.

Exposure

Enterprise

Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.

Sustainability

Enterprise

Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.

Issuer

Frequently asked questions about GCAL

What does Goldman Sachs Dynamic California Municipal Income ETF, GCAL, invest in?

GCAL is a Active ETF. This ETF provides exposure to US Investment Grade Municipal Bonds.

What is the Total Expense ratio (TER) of GCAL?

GCAL carries a total expense ratio (TER) of 0.35%, indicating the annual cost for holding the fund.

When was GCAL launched?

GCAL was introduced to the market on July 25, 2024. It trades on United States

Who is the ETF issuer of GCAL?

Goldman Sachs Dynamic California Municipal Income ETF, GCAL, is provided by Goldman Sachs. Learn more about Goldman Sachs here.

What is the current assets under management (AUM) of GCAL?

GCAL oversees €136M in assets as of March 11, 2026.

How has GCAL performed lately?

Based on data from March 11, 2026, GCAL returned -0.27% over the past month, 1.31% over the last three months and 1.00% year-to-date.

What are the latest inflows or outflows for GCAL?

As of March 11, 2026, GCAL recorded net flows of +€3.3M over the last month and +€15M year-to-date.

Does GCAL distribute dividends?

GCAL follows a distributing dividend policy, meaning it pays out income to investors. As of March 11, 2026, its 12-month trailing yield was 3.18%.

What is the base currency of GCAL?

The base currency of GCAL is USD.

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