Goldman Sachs U.S. Equity Dividend and Premium Fund

Frequently Asked Questions About GVIRX

What does GVIRX invest in?

This fund primarily aims to invest in dividend-paying stocks issued by major U.S. companies. It dedicates at least 80% of its total investment capital (which includes its net assets and any borrowed funds, assessed at the time of purchase) to these types of equities. The targeted companies are large-capitalization American firms with market values similar to those found within the S&P 500® Index at the point of investment. The fund predominantly constructs a varied portfolio consisting of common shares from these significant U.S. companies that are already members of the S&P 500® Index.

What is the expense ratio of GVIRX?

Goldman Sachs U.S. Equity Dividend and Premium Fund (GVIRX) charges an expense ratio of 0.75%. This is the annual fee deducted from fund assets to cover management and operations.

What is GVIRX's dividend yield?

GVIRX's trailing-twelve-month yield is 5.59%, calculated from the sum of dividends over the past year divided by the current price.

How big is GVIRX?

Goldman Sachs U.S. Equity Dividend and Premium Fund (GVIRX) manages $3.97B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is GVIRX actively managed or an index fund?

GVIRX is a passive index fund — it tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (GVIRX's is 0.75%) because there's no security selection cost.

When was GVIRX launched?

Goldman Sachs U.S. Equity Dividend and Premium Fund (GVIRX) launched in August 2010 and is managed by Goldman Sachs.