- What does FGTXX invest in?
- The Goldman Sachs Financial Square Government Fund, managed by Goldman Sachs Asset Management, is a U.S. government money market fund that belongs to the broader Goldman Sachs Financial Square Funds series. Its primary objective is to maximize current income while diligently safeguarding capital and ensuring consistent liquidity. To achieve this, the fund exclusively invests in U.S. government securities, as defined by the Investment Company Act of 1940, and repurchase agreements that are fully collateralized by such government-backed instruments. Operating as a government money market fund under Rule 2a-7, it is mandated to hold at least 99.5% of its total assets in cash, U.S. government securities, and approved repurchase agreements. A key feature is its aim to maintain a stable net asset value of $1.00 per share. Notably, this fund is exempt from the liquidity fees and redemption gates that apply to certain other types of money market funds. Established in April 1993, the fund is denominated in U.S. dollars and primarily caters to institutional investors.
- What is the expense ratio of FGTXX?
- Goldman Sachs Trust - Goldman Sachs Financial Square Government Fund (FGTXX) charges an expense ratio of 0.18%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is FGTXX?
- Goldman Sachs Trust - Goldman Sachs Financial Square Government Fund (FGTXX) manages — 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 FGTXX actively managed or an index fund?
- FGTXX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.
- When was FGTXX launched?
- Goldman Sachs Trust - Goldman Sachs Financial Square Government Fund (FGTXX) launched in April 2023 and is managed by Goldman Sachs.
- How has FGTXX performed?
- FGTXX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.
