Goldman Sachs to Convert Two Mutual Funds Into Active Bond ETFs

Goldman Sachs plans to reorganize the Goldman Sachs Bond Fund and Goldman Sachs Income Fund into the newly created Goldman Sachs Core Plus Bond ETF and Goldman Sachs Income ETF, respectively. The conversions, approved by the funds’ board in April, are expected to close around August 7, 2026. Shareholders holding fund shares through ETF-eligible brokerage accounts will automatically receive shares of the corresponding ETFs, while others may receive cash. The reorganizations are intended to be tax-free for U.S. federal income tax purposes and reflect the ongoing industry shift from mutual funds to ETF structures.