Goldman Sachs Ultra Short Municipal Income ETF

GUMI

Market cap $40.3M

VettaFi hosted a fixed income webinar with Goldman Sachs Asset Management leaders this week amid growing uncertainty in financial markets. Even before U.S.-Israel-Iran issues arose, market watchers were growing concerned about factors like AI disruption and Venezuela.

Actively managed ETFs continued to gain traction in July with $24 billion of net inflows. This represented 19% of the industry's net inflows, which remains impressive given the 7% share of the assets.