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GHVIX

$--
--%
1d
1w
1m

Analysis and statistics

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  • 52 Week Change
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  • Dividend Per Share
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About

GHVIX.US refers to the Goldman Sachs High Yield Municipal Fund Institutional Shares. This fund seeks to provide a high level of current income exempt from federal income tax, consistent with preservation of capital. It invests primarily in municipal securities that are rated below investment grade or are unrated but determined by the fund's advisor to be of comparable quality. As an institutional share class, it typically requires a higher minimum investment amount compared to other share classes of the same fund. Investors should review the fund's prospectus for complete information, including fees, expenses, and risks.
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Factors

Volatility of VIX Futures: GHVIX reflects the daily performance of a specific VIX futures contract. Higher VIX futures volatility directly impacts GHVIX price.

VIX Futures Contract Roll Yield: GHVIX is subject to roll yield. A negative roll yield (contango) erodes value as higher-priced later-month contracts replace expiring lower-priced ones.

Supply and Demand: Market demand for GHVIX shares influences price. Increased demand drives the price up, while selling pressure lowers it.

Interest Rates: Changes in interest rates can affect the fair value of futures contracts, indirectly impacting GHVIX's price.

Overall Market Sentiment: Broad market sentiment and risk appetite impact VIX and therefore GHVIX. A risk-off environment usually boosts VIX and GHVIX.

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