Income ETF health check
Goldman Sachs S&P 500 Premium Income ETF
GPIX
Goldman · Monthly · $5.9B
Current price
$55.90
As of 2026-09-29 · USD
Canary status
No significant NAV erosion detected — distributions look sustainable at the current pace.
Updated every Monday and Thursday
YieldCanary Health Metrics
Yield comparison
Advertised Yield
8.51%
Headline Yield (TTM)
8.12%
True Income Yield
8.12%
The real number is typically lower once return of capital is stripped out.
Health metrics
- Death Clock
- 10.00 yrs
- YieldCanary ROC %
- 0.0%
Income and return
- After-Tax Monthly (25%)
- $XX.XXUnlock free →
- Last Distribution
- $0.3916
- 1Y Price Return
- +8.02%
About True Income Yield
About True Income Yield: This is a YieldCanary proprietary sustainability indicator, not a standard accounting measure of economic gain. It strips return of capital from the headline yield to show only what the fund generated from real investment activity. Return of capital reduces your cost basis and the full economic gain is only realized when you sell your shares. YieldCanary calculates ROC from performance data, not from the 19a-1 notices that fund companies publish monthly. Our estimates can differ from official issuer reports and can differ significantly from your year-end 1099 tax forms. We are actively working on incorporating 19a-1 data to make these figures more precise. For confirmed ROC figures always check the fund's official 19a-1 notice on the issuer's website or your year-end 1099.
True Income Yield and Death Clock are YieldCanary proprietary metrics. Not financial advice. Data updates every Monday and Thursday.
Price and Distribution History
Data last updated: Sep 28, 2026. Updates every Monday and Thursday.
Sustainability analysis
Health Score Breakdown
GPIX is currently Healthy on YieldCanary. ROC is within sustainable range, the NAV has held up over the trailing 12 months, and distributions have been stable. No significant erosion risk is detected at the current pace.
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Frequently Asked Questions — GPIX
Is GPIX a good income ETF?
Based on YieldCanary's health framework, GPIX is currently Healthy. No significant NAV erosion is detected at the current pace and the fund is passing all sustainability checks. The distributions appear to be generated from real investment activity rather than quiet erosion of the fund's value. This is not financial advice — always do your own research and consult a qualified financial professional before making investment decisions.
YieldCanary calculates ROC from performance data, not 19a-1 filings. Not financial advice.
What does GPIX pay per month?
Based on last month's actual distribution of $0.3916 per share, $10,000 invested in GPIX at the current price of $55.90 generates approximately 178 shares. That's $69.70 gross per month before taxes. Your after-tax income depends on your personal tax rate and account type. Set your rate inside YieldCanary to see your exact after-tax monthly income and connect your portfolio to see what all of your holdings generate together. Distributions change month to month based on options premiums and market conditions. Past distributions are not a guarantee of future payments.
Calculate your after-tax income on GPIX free →YieldCanary calculates ROC from performance data, not 19a-1 filings. Not financial advice.
What is GPIX's True Income Yield?
YieldCanary's True Income Yield for GPIX is currently 8.12%. This is a distribution sustainability indicator — it strips the estimated return of capital portion from the headline TTM yield to show only what the fund generated from real investment activity. It is not an accounting measure of economic gain. Return of capital reduces your cost basis and full economic gain is only realized when you sell. GPIX's current ROC estimate is 0.0%. The full methodology breakdown is available inside YieldCanary. For confirmed ROC figures check the fund's official 19a-1 notice or your year-end 1099.
See the full health breakdown on GPIX free →YieldCanary calculates ROC from performance data, not 19a-1 filings. Not financial advice.
What is GPIX's Death Clock?
GPIX's Death Clock is currently 10.00 years. This estimates the number of years before 50% of the fund's NAV erodes at the current pace, assuming all things stay constant. It is a sustainability warning signal. The pace can improve or worsen as market conditions and distribution behavior change. Check back every Monday and Thursday when the data refreshes.
YieldCanary calculates ROC from performance data, not 19a-1 filings. Not financial advice.
Is GPIX's return of capital good or bad?
GPIX's low ROC estimate of 0.0% means most distributions are generated from real investment activity rather than return of principal — one of the cleaner income profiles on the platform. Note: YieldCanary calculates ROC from performance data, not 19a-1 filings.
YieldCanary calculates ROC from performance data, not 19a-1 filings. Not financial advice.
How does GPIX compare to similar funds?
On YieldCanary, GPIX is currently Healthy with a 8.12% True Income Yield and a Death Clock of 10.00 years. It pays Monthly distributions and has a 1-year price return of 8.02%. Similar funds from Goldman tracked on YieldCanary: Goldman Sachs Nasdaq-100 Premium Income ETF (GPIQ) — currently Healthy Full side-by-side comparison including True Income Yield, Death Clock, ROC%, and after-tax income across all similar funds is available inside YieldCanary.
Compare GPIX to similar funds free →YieldCanary calculates ROC from performance data, not 19a-1 filings. Not financial advice.
How often does GPIX pay distributions?
GPIX is a Monthly paying ETF. Distributions are paid once per month, which aligns well with monthly bills and expenses. Monthly payers are the most popular frequency among income investors for this reason. The most recent distribution was $0.3916 per share. To see exact upcoming ex-dividend and payment dates for GPIX in your portfolio, connect your holdings inside YieldCanary and check the Distribution Calendar.
YieldCanary calculates ROC from performance data, not 19a-1 filings. Not financial advice.
What is GPIX's AUM and why does it matter?
GPIX currently has $5.9B in assets under management. At over $1 billion in AUM, GPIX has meaningful institutional backing and strong liquidity. Larger funds are generally more stable and less likely to close due to insufficient assets. AUM alone does not determine whether a fund is healthy. Check the Canary Status and Death Clock above for the full sustainability picture.
YieldCanary calculates ROC from performance data, not 19a-1 filings. Not financial advice.
Is GPIX available in a Roth IRA?
Yes — GPIX can be held in a Roth IRA like any standard ETF, assuming your brokerage offers it. For income ETFs with high return of capital, a Roth IRA can be a particularly advantageous account type. ROC distributions reduce your cost basis in a taxable account, creating a deferred tax liability that grows over time. In a Roth IRA that tax treatment is irrelevant as all distributions are tax-free regardless of their character. This is not tax advice. Consult a tax professional about your specific situation and account type before making investment decisions.
YieldCanary calculates ROC from performance data, not 19a-1 filings. Not financial advice.
About the fund
Strategy & Objective
Goldman · Monthly
The ETF is designed to provide regular income streams, concurrently striving for an increase in the investment's underlying value.
At a glance
YieldCanary Health Summary
Goldman Sachs S&P 500 Premium Income ETF (GPIX) is a Monthly-paying income ETF issued by Goldman with $5.9B in assets under management. The fund has an advertised yield of 8.51% and a trailing 12-month headline yield of 8.12%. GPIX is currently Healthy on YieldCanary with a True Income Yield of 8.12% and a Death Clock of 10.00 years. The fund has a low ROC estimate of 0.0%, meaning most distributions are generated from real investment activity. The most recent distribution was $0.3916 per share. The fund's price has returned +8.02% over the trailing 12 months.
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