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GMDPX

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1d
1w
1m

Analysis and statistics

  • Open
    9.3056$
  • Previous Close
    9.3056$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
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  • Market cap
    --$
  • EPS
    --
  • Beta
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  • Volume
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About

GMDPX.US refers to the Goldman Sachs Dynamic Municipal Income Fund. This is a mutual fund managed by Goldman Sachs Asset Management. The fund typically invests in a diverse portfolio of municipal securities, aiming to provide investors with a high level of current income that is exempt from federal income tax. It focuses on dynamically allocating assets across different sectors and maturities within the municipal bond market to optimize risk-adjusted returns.
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Factors

Economic Growth: Stronger global economic growth typically boosts emerging market assets, including GMDPX.US, as companies in these regions experience higher earnings.

Interest Rates: Rising interest rates in developed countries can make emerging market investments like GMDPX.US less attractive due to increased borrowing costs and capital outflows.

Currency Fluctuations: Changes in currency exchange rates, particularly between the US dollar and currencies of countries represented in GMDPX.US, directly affect the fund's value.

Political Stability: Political instability or uncertainty in emerging market countries can negatively impact investor sentiment and lead to declines in GMDPX.US.

Commodity Prices: As many emerging market economies are commodity-dependent, fluctuations in commodity prices (e.g., oil, metals) can significantly influence GMDPX.US's performance.

Investor Sentiment: Overall market sentiment and risk appetite play a crucial role. Increased risk aversion can trigger sell-offs in emerging market assets, including GMDPX.US.

Company Performance: The financial performance of the underlying companies held within GMDPX.US's portfolio directly impacts the fund's net asset value.

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