About GEPPX
City of Waukegan, Illinois General Obligation Bonds, Series A, 5.00%, Due 12/30/2034, are a form of municipal debt instrument issued by the City of Waukegan. As general obligation bonds, they are backed by the full faith and credit of the issuing municipality, giving them a higher level of security compared to revenue bonds, as repayment is supported by the city’s ability to levy taxes. These bonds are typically used to finance large-scale public projects such as infrastructure improvements, schools, and municipal facilities, supporting community development and essential services. The fixed 5.00% interest rate provides predictable income for bondholders, and the stated maturity date of December 30, 2034, outlines the scheduled repayment of principal. In the financial market, such municipal bonds play a critical role in enabling local governments to access capital and in providing investors with relatively lower-risk investment opportunities that may offer tax-related benefits, such as exemption from federal or state income taxes, depending on the investor’s residency and tax status.
Fund Family Goldman Sachs
Category Diversified Emerging Mkts
Performance Rating Below Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol GEPPX
Share Class Class P Shares
Index MSCI EM (Emerging Markets) NR USD
GEPPX had a total return of 36.95% in the past year, including dividends. Since the fund's
inception, the average annual return has been 8.08%.
