# Portfolio overlap — GSAAX vs RTHAX Comparing **Goldman Sachs Municipal Income Completion Fund** (2026-03-31) and **Tax-Exempt High Yield Bond Fund** (2026-04-30). - Shared positions: 370 - Goldman Sachs Municipal Income Completion Fund covered by Tax-Exempt High Yield Bond Fund: 0.1639941956161632420496653296 - Tax-Exempt High Yield Bond Fund covered by Goldman Sachs Municipal Income Completion Fund: 0.1639941956161632420496653298 ## Goldman Sachs Municipal Income Completion Fund — top positions | Security | Weight | Shared | |----------|--------|--------| | PUERTO RICO SALES TAX FING COR REGD OID B/E 5.00000000 | 0.011495 | ✓ | | RESTRUCTURED-SER A-2 | 0.010728 | ✓ | | RESTRUCTURED-SER A-2 | 0.008976 | ✓ | | MET WASHINGTON DC ARPTS AUTH ARPT SYS REVENUE | 0.006153 | ✓ | | Puerto Rico Commonwealth Aqueduct & Sewer Authority, Series A | 0.006111 | ✓ | | N TX TOLLWAY AUTH REVENUE | 0.005289 | | | CALIFORNIA ST HLTH FACS FING AUTH REVENUE | 0.005222 | | | NY NYCDEV 5 11/15/2044 | 0.005126 | ✓ | | State of Connecticut, Series 2024G | 0.004961 | | | Main Street Natural Gas, Inc., Series 2025B | 0.004892 | ✓ | | Louisiana Publics Facilities Authority, Louisiana, Revenue Bonds, I-10 Calcasieu River Bridge Public-Private Partnership Project, Senior Lien Series 2 | 0.004764 | | | FLORIDA ST DEV FIN CORP REGD B/E AMT AG 5.25000000 | 0.004557 | | | NJ TRN FD CAB-SER -A | 0.004515 | ✓ | | NY ST TWY AUTH-A | 0.004219 | | | FLORIDA ST DEV FIN CORP REGD V/R B/E AMT 10.00000000 | 0.004169 | ✓ | | Detroit, Wayne County, Michigan, General Obligation Bonds, Financial Recovery Series 2014B-1 | 0.003960 | ✓ | | IL CHIEDU 5 12/01/2042 | 0.003904 | ✓ | | Buckhead Trails II Community Development District, Series 2026 | 0.003817 | | | PUERTO RICO SALES TAX FING COR PUERTO RICO SALES TAX FINANCING CORP SALES TAX REV | 0.003753 | ✓ | | PROMEDICA HEALTHCARE OBLIGATED GROUP 5.25% 11-15-48 | 0.003666 | ✓ | | RESTRUCTURED-SER A1 | 0.003561 | ✓ | | Metropolitan Pier & Exposition Authority, Series B-1 | 0.003497 | | | STATE OF ILLINOIS MCCORMICK PLACE EXPANSION PROJECT FUND AG 0.0% 06-15-44 | 0.003483 | | | OHIO ST HGR EDUCTNL FAC COMMISSION | 0.003431 | ✓ | | RESTRUCTURED-SER A-2- | 0.003402 | ✓ | | NY TRANS CORP 5% 7/1/46 @ | 0.003340 | ✓ | | Mansfield, Tarrant, Johnson and Ellis Counties, Texas, Special Assessment Revenue Bonds, Staybolt Public Improvement District Improvement Area 1 Proje | 0.003333 | | | IL CHIEDU 5.5 12/01/2034 | 0.003321 | | | Illinois Finance Authority | 0.003295 | | | Black Belt Energy Gas District, Series F | 0.003291 | | | Buffalo & Erie County Industrial Land Development Corp | 0.003268 | | | Houston, Texas, Hotel Occupancy Tax and Special Revenue Bonds, Convention and Entertainment Facilities Department, Refunding First Lien Series 2026C | 0.003255 | | | Jefferson (County of), AL, Series 2024, Ref. Revenue Wts. | 0.003246 | ✓ | | CHICAGO IL BRD OF EDU REGD OID B/E 6.75000000 | 0.003236 | | | CHICAGO IL TRANSIT AUTH SALES TAX RECPTS REVENUE | 0.003226 | ✓ | | PUERTO RICO SALES TAX FING COR REGD ZCP OID B/E 0.00000000 | 0.003195 | ✓ | | DENVER CO ARPT 5% 11/15/47@ | 0.003147 | | | Michigan State Housing Development Authority, Series 2025, RB | 0.003142 | | | CALIFORNIA ST MUNI FIN AUTH REVENUE | 0.003138 | ✓ | | City of Princeton TX | 0.003136 | | | Harris County Cultural Education Facilities Finance Corp., Series 2021, RB | 0.003107 | | | MEADOWLARK HILLS RETIREMENT COMMUNITY OBLIGATED GROUP 5.5% 06-01-55 | 0.003088 | | | WILLISTON PARKS RECREATION DISTRICT | 0.003027 | | | Connerton East Community Development District, Series 2025, RB | 0.003026 | | | Puerto Rico Commonwealth Aqueduct & Sewer Authority, Series B | 0.003024 | ✓ | | Highland Trails Community Development District, Series 2025 | 0.003012 | | | Caymas Community Development District, Series 2026 | 0.002990 | | | Harvest Hills South Community Development District, Series 2025 | 0.002990 | | | Tranquility Community Development District, Series 2025 | 0.002984 | | | Palmetto Ridge Community Development District, Series 2026 | 0.002979 | ✓ | ## Tax-Exempt High Yield Bond Fund — top positions | Security | Weight | Shared | |----------|--------|--------| | U.S. Cash Management Fund | 0.022721 | | | OH BUCGEN 5 06/01/2055 | 0.011235 | | | PUERTO RICO SALES TAX FING COR REGD ZCP OID B/E 0.00000000 | 0.009425 | ✓ | | PUERTO RICO SALES TAX FING COR REGD OID B/E 5.00000000 | 0.009146 | ✓ | | WI PUBTRN 6.5 12/31/2065 | 0.005632 | ✓ | | New York State Dormitory Authority | 0.005206 | | | Puerto Rico Commonwealth Aqueduct & Sewer Authority, Series A | 0.004997 | ✓ | | NY NYCDEV 5 11/15/2044 | 0.004638 | ✓ | | Salt River Project Agricultural Improvement & Power District, Series 2025, RB | 0.004476 | | | San Francisco City & County Airport Comm-San Francisco International Airport, Series 2025D | 0.004451 | | | NEW YORK ST THRUWAY AUTH PERSONAL INCOME TAX REVENUE | 0.004126 | | | NY TRANS CORP 5.50% 6/30/2054 @ | 0.004044 | | | RESTRUCTURED-SER A-2 | 0.004019 | ✓ | | TUSCLSA AL GOZ 5.25% 5/1/2044 | 0.004011 | | | Puerto Rico, GDB Debt Recovery Authority Commonwealth Bonds, Taxable Series 2018 | 0.004008 | ✓ | | RESTRUCTURED-SER A1 | 0.003644 | ✓ | | PENNSYLVANIA ST ECON DEV FING REGD B/E AMT 5.75000000 | 0.003642 | ✓ | | Puerto Rico, General Obligation Bonds, Vintage CW NT Claims Taxable Series 2022 | 0.003507 | ✓ | | City of Orlando, Series 2026B | 0.003504 | | | TX TRANSPRTN FIN-A | 0.003486 | | | City of New York, Series 2026G | 0.003459 | | | Harris County, Texas, Toll Road Revenue Bonds, Refunding First Lien Series 2024A | 0.003456 | | | Weatherford College of the Parker County Junior College District, Series 2025, RB | 0.003422 | | | UNITED STATES VIRGIN ISLANDS FEDERAL EXCISE TAX 5.0% 10-01-30 | 0.003390 | | | AR ARSDEV 09/01/2046 | 0.003371 | | | MISSOURI ST HLTH & EDUCTNL FACS AUTH | 0.003294 | | | STATE OF NEW JERSEY 4.0% 06-15-45 | 0.003139 | | | CHICAGO IL BRD OF EDU REGD OID B/E 5.75000000 | 0.002855 | ✓ | | NEW HOPE EDU FACS-A-1 | 0.002847 | ✓ | | CA STWD 5% 12/1/2046 | 0.002792 | | | NY TRANS CORP 5.375% 6/30/2060 @ | 0.002764 | | | RESTRUCTURED-SER A-2 | 0.002739 | ✓ | | San Francisco (City & County of), CA Airport Commission (San Francisco International Airport), Series 2019 A, RB | 0.002707 | ✓ | | George L. Smith II GA World Congress Center Auth. Rev. (Convention Center Hotel) A | 0.002650 | | | SOUTH JERSEY PORT NJ 17B AMT SF 5.0% 01-01-42 | 0.002623 | | | Jefferson (County of), AL, Series 2024, Ref. RB | 0.002598 | | | Toll Road Sr Lien Refunding RB Series 2021A | 0.002579 | ✓ | | MWAA DULLES TOL 4% 10/1/2049 | 0.002497 | ✓ | | NH NFAUTL 6.89 04/01/2034 | 0.002418 | | | PROJECTNEW YORK TRANS | 0.002357 | ✓ | | STATE OF ILLINOIS MCCORMICK PLACE EXPANSION PROJECT FUND 4.0% 06-15-52 | 0.002298 | ✓ | | PUERTO RICO SALES TAX FING COR REGD OID B/E 4.75000000 | 0.002280 | ✓ | | BALTIMORE MD WASTEWATER SUB 14C SF 5.0% 07-01-44 | 0.002265 | | | PROMEDICA HEALTHCARE OBLIGATED GROUP 5.25% 11-15-48 | 0.002256 | ✓ | | NJ TRANSPRTN TRUST-CC | 0.002185 | ✓ | | LONGWOOD HOUSING FOUNDATION LLC 5.0% 01-01-40 | 0.002180 | | | Black Belt Energy Gas District | 0.002161 | | | Travis County Healthcare District | 0.002157 | | | IL CHITRN 5.25 01/01/2061 | 0.002134 | | | PUERTO RICO SALES TAX FING COR REGD ZCP OID B/E 0.00000000 | 0.002131 | ✓ | ## Sources - N-PORT (fund A) — accession `0000940400-26-022105` (as of 2026-03-31) - N-PORT (fund B) — accession `0001410368-26-063588` (as of 2026-04-30) --- _Informational only — not investment advice. FundWatcher presents publicly available data and makes no recommendation to buy or sell any security. Verify all figures against the source filing before relying on them._ _Data sourced from U.S. SEC EDGAR filings (Forms N-PORT, N-CEN, and prospectus Risk/Return summaries). FundWatcher is not affiliated with the SEC._ _Use of this data is subject to the FundWatcher Terms of Service. Information may be used only for personal, non-commercial research and may not be redistributed. See _