# Goldman Sachs Trust - Goldman Sachs Financial Square Government Fund (FGTXX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/fgtxx for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Goldman Sachs · Asset class: Equity - Strategy: Thematic · Inception: 2023-04-17 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... ## Key Facts | Metric | Value | |---|---| | Price | $1.00 | | Expense Ratio | 0.18% | | Assets Under Management | — | | NAV | $1.00 | | Holdings Count | — | | Distribution Yield (TTM) | — | | Annual Distribution (TTM) | — /share | | Distribution Frequency | — | | 52-Week Range | $1.00 – $1.00 | | Beta | 0.00 | ## Frequently Asked Questions ### 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. ### Does FGTXX pay a dividend? Goldman Sachs Trust - Goldman Sachs Financial Square Government Fund (FGTXX) currently distributes little or no income. Trailing-twelve-month yield is —. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does FGTXX pay dividends? Goldman Sachs Trust - Goldman Sachs Financial Square Government Fund pays dividends on its published schedule. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is FGTXX's dividend yield? FGTXX's trailing-twelve-month yield is —, calculated from the sum of dividends over the past year divided by the current price. ### When is FGTXX's next ex-dividend date? FGTXX hasn't announced its next ex-date yet. Once declared it'll appear at the top of the dividend history table on this page. ### How much will FGTXX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.18% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does FGTXX charge its expense ratio? The expense ratio is deducted in tiny daily slices from FGTXX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does FGTXX cost more than a fund like VOO? FGTXX's strategy (current expense ratio 0.18%) is different from a broad-market index tracker like VOO, so its fee belongs to a different cohort. The Cost Verdict card above shows you where FGTXX sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to FGTXX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as FGTXX (0.18%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/fgtxx - Distribution history: https://www.dividenddata.com/funds/fgtxx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/fgtxx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/fgtxx/expenses - Peer comparison: https://www.dividenddata.com/funds/fgtxx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.