- What does GVMXX invest in?
- This mutual fund operates as a U.S. government money market vehicle, primarily allocating its assets to short-term U.S. Treasury notes and other debt instruments backed by the U.S. government. It is designed with the core goals of shielding investor capital, providing easy access to funds, and preserving a stable share price of one dollar.
- What is the expense ratio of GVMXX?
- State Street Institutional U.S. Government Money Market Fund - Premier Class (GVMXX) charges an expense ratio of 0.11%. This is the annual fee deducted from fund assets to cover management and operations.
- What is the duration of GVMXX?
- Effective duration measures GVMXX's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. GVMXX's current duration is published on the fund's factsheet on the issuer's website.
- What is the credit quality of GVMXX?
- GVMXX's credit quality breakdown — the share of holdings rated AAA through CCC and below — is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.
- What is the yield to maturity of GVMXX?
- Yield to maturity (YTM) is the total return you'd earn from GVMXX if every bond in the portfolio is held to maturity at the current price. GVMXX's YTM is published on the fund's factsheet on the issuer's website — it differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.
- How big is GVMXX?
- State Street Institutional U.S. Government Money Market Fund - Premier Class (GVMXX) 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.
