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Trending ETFs

Goldman Sachs Investor Tax-Exempt Money Market Fund

mutual fund
FKIXX
Payout Change
Pending
Price as of:
$1.0 +0.0 +0.0%
primary theme
Tax-Free Money Market
share class
Admin (FEAXX) C (FCYXX) I (FTXXX) Other (GPTXX) A (FKIXX) S (FESXX)
FKIXX (Mutual Fund)

Goldman Sachs Investor Tax-Exempt Money Market Fund

Payout Change
Pending
Price as of:
$1.0 +0.0 +0.0%
primary theme
Tax-Free Money Market
share class
Admin (FEAXX) C (FCYXX) I (FTXXX) Other (GPTXX) A (FKIXX) S (FESXX)
FKIXX (Mutual Fund)

Goldman Sachs Investor Tax-Exempt Money Market Fund

Payout Change
Pending
Price as of:
$1.0 +0.0 +0.0%
primary theme
Tax-Free Money Market
share class
Admin (FEAXX) C (FCYXX) I (FTXXX) Other (GPTXX) A (FKIXX) S (FESXX)

Name

As of 10/04/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Goldman Sachs Investor Tax-Exempt Money Market Fund

FKIXX | Fund

$1.00

$226 M

3.00%

$0.03

0.44%

Vitals

YTD Return

2.3%

1 yr return

2.8%

3 Yr Avg Return

1.9%

5 Yr Avg Return

1.2%

Net Assets

$226 M

Holdings in Top 10

16.3%

52 WEEK LOW AND HIGH

$1.0
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.44%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A

Min Investment

Standard (Taxable)

$1,000

IRA

$250

Fund Classification

Fund Type

Money Market Fund

Name

As of 10/04/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Goldman Sachs Investor Tax-Exempt Money Market Fund

FKIXX | Fund

$1.00

$226 M

3.00%

$0.03

0.44%

FKIXX - Profile

Distributions

  • YTD Total Return 2.3%
  • 3 Yr Annualized Total Return 1.9%
  • 5 Yr Annualized Total Return 1.2%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 0.01%
DIVIDENDS
  • Dividend Yield 3.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Goldman Sachs Investor Tax-Exempt Money Market Fund
  • Fund Family Name
    Goldman Sachs Fund Complex
  • Inception Date
    Mar 31, 2016
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Management Team

Fund Description

The Fund pursues its investment objective by investing at least 80% of its net assets plus any borrowings for investment purposes (measured at the time of investment) (“Net Assets”) in securities issued by or on behalf of states, territories and possessions of the United States and their political subdivisions, agencies, authorities and instrumentalities, and the District of Columbia, the interest from which, if any, is in the opinion of bond counsel excluded from gross income for federal income tax purposes, and generally not an item of tax preference under the federal alternative minimum tax (“AMT”). The Investment Adviser ordinarily expects 100% of the Fund’s assets will be invested directly or indirectly in municipal obligations, but the Fund may invest in short-term taxable instruments for temporary investment purposes.The Fund intends to be a “retail money market fund,” as such term is defined in or interpreted under Rule 2a-7 under the Investment Company Act of 1940, as amended (the “Investment Company Act”). “Retail money market funds” are money market funds that have policies and procedures reasonably designed to limit all beneficial owners of the fund to natural persons. As a “retail money market fund,” the Fund values its securities using the amortized cost method. The Fund seeks to maintain a stable net asset value (“NAV”) of $1.00 per share.Under Rule 2a-7, the Fund may invest only in U.S. dollar-denominated securities that meet certain risk-limiting conditions relating to portfolio quality, maturity, diversification and liquidity.
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FKIXX - Performance

Return Ranking - Trailing

Period FKIXX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.3% 1.7% 4.4% 90.48%
1 Yr 2.8% 2.1% 5.4% 85.71%
3 Yr 1.9%* 1.3% 3.5% 72.22%
5 Yr 1.2%* 0.8% 2.2% 74.36%
10 Yr N/A* 0.6% 1.3% N/A

* Annualized

Return Ranking - Calendar

Period FKIXX Return Category Return Low Category Return High Rank in Category (%)
2023 0.0% 0.0% 0.0% 67.06%
2022 0.0% 0.0% 0.0% 65.88%
2021 0.0% 0.0% 0.0% 62.34%
2020 0.0% 0.0% 0.0% 63.01%
2019 0.0% 0.0% 0.0% 64.94%

Total Return Ranking - Trailing

Period FKIXX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.3% 1.7% 4.4% 90.48%
1 Yr 2.8% 2.1% 5.4% 85.71%
3 Yr 1.9%* 1.3% 3.5% 72.22%
5 Yr 1.2%* 0.8% 2.2% 74.36%
10 Yr N/A* 0.6% 1.3% N/A

* Annualized

Total Return Ranking - Calendar

Period FKIXX Return Category Return Low Category Return High Rank in Category (%)
2023 3.0% 2.0% 5.4% 58.82%
2022 0.6% 0.2% 1.2% 84.71%
2021 0.0% 0.0% 0.3% 96.10%
2020 0.3% 0.0% 1.3% 64.38%
2019 0.6% 0.0% 2.7% 84.42%

NAV & Total Return History

FKIXX - Holdings

Concentration Analysis

FKIXX Category Low Category High FKIXX % Rank
Net Assets 226 M 3.67 M 19.7 B 67.06%
Number of Holdings 179 1 921 37.65%
Net Assets in Top 10 332 M 40.6 M 17.4 B 40.00%
Weighting of Top 10 16.26% 9.8% 100.0% 92.94%

Top 10 Holdings

  1. KING CNTY WASH 0.02% 3.09%
  2. ILLINOIS FIN AUTH REV 0.07% 2.77%
  3. SAN FRANCISCO CALIF CITY & CNTY LEASE REV IAM COML PAPER 3/A2 TAXABLE SER 1 2.75%
  4. EAST BATON ROUGE PARISH LA INC INDL DEV BRD REV 0.03% 2.54%
  5. NORFOLK VA ECONOMIC DEV AUTH HOSP FACS REV 0.12% 2.53%
  6. HIGHLANDS CNTY FLA HEALTH FACS AUTH REV 0.05% 2.46%
  7. JACKSONVILLE FLA IAM COML PAPER NTS 3/A2 SER 2004 A 0.07% 2.39%
  8. COLUMBUS OHIO SWR REV 0.03% 2.30%
  9. TEXAS ST 4% 2.25%
  10. TEXAS ST 0.05% 2.24%

Asset Allocation

Weighting Return Low Return High FKIXX % Rank
Bonds 		77.24% 0.00% 99.21% 72.94%
Cash 		22.76% 0.79% 100.00% 31.76%
Stocks 		0.00% 0.00% 0.00% 65.88%
Preferred Stocks 		0.00% 0.00% 0.00% 65.88%
Other 		0.00% 0.00% 0.00% 65.88%
Convertible Bonds 		0.00% 0.00% 0.00% 65.88%

Bond Sector Breakdown

Weighting Return Low Return High FKIXX % Rank
Municipal 		77.24% 0.00% 99.21% 72.94%
Cash & Equivalents 		22.76% 0.79% 100.00% 31.76%
Derivative 		0.00% 0.00% 0.00% 65.88%
Securitized 		0.00% 0.00% 0.00% 65.88%
Corporate 		0.00% 0.00% 0.00% 65.88%
Government 		0.00% 0.00% 13.45% 70.59%

Bond Geographic Breakdown

Weighting Return Low Return High FKIXX % Rank
US 		77.24% 0.00% 99.21% 72.94%
Non US 		0.00% 0.00% 0.00% 65.88%

FKIXX - Expenses

Operational Fees

FKIXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.44% 0.15% 1.77% 51.76%
Management Fee 0.16% 0.08% 0.49% 35.29%
12b-1 Fee 0.25% 0.00% 0.75% 59.09%
Administrative Fee N/A 0.05% 0.55% 94.79%

Sales Fees

FKIXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A N/A N/A N/A
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

FKIXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

FKIXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 0.00% N/A

FKIXX - Distributions

Dividend Yield Analysis

FKIXX Category Low Category High FKIXX % Rank
Dividend Yield 3.00% 2.26% 5.22% 70.59%

Dividend Distribution Analysis

FKIXX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

FKIXX Category Low Category High FKIXX % Rank
Net Income Ratio 0.01% 0.00% 0.12% 68.24%

Capital Gain Distribution Analysis

FKIXX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Distributions History

View More +

FKIXX - Fund Manager Analysis

Managers

Management Team

Start Date

Tenure

Tenure Rank

Jul 19, 1994

27.88

27.9%

Team Managed

Tenure Analysis

Category Low Category High Category Average Category Mode
0.83 27.88 14.24 15.26

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