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15 important things you should know about FGTXX mutual fund

Updated: September 18, 2020
86
Bull Case
  • High net assets
  • 3-year return above the benchmark
  • 5-year return above the benchmark
  • 15-year return above the benchmark
  • Low expense ratio
  • No sales load or distribution fees
Bear Case
  • 10-year return below the benchmark

Before we start: if you’re looking for FGTXX “stock” price, you can quickly find it out by visiting Finny and typing "FGTXX quote". If you’re looking for a quick scoop on FGTXX "stock" (price chart, key stats, buy or sell analysis and holdings), go to Finny and look for "FGTXX". You’ll get all this info in one place.

Are you looking to buy or sell FGTXX? Or perhaps you’re looking for FGTXX fact sheet, and learn about its alternatives? If so, you came to the right place.

In this FGTXX mutual fund review, we’ll address key questions our readers have been asking us about this fund, above and beyond what you can find in its prospectus, and on Morningstar or Yahoo Finance.

Here is what you’ll be able to find in this review:

  • Fact Sheet: FGTXX performance, returns, expense ratio, holdings and dividend yield;
  • Analysis: FGTXX buy or sell; the pros and cons of investing in FGTXX mutual fund;
  • Alternatives: other ETFs and mutual funds you should consider as alternatives to FGTXX.

And here is the list of questions we’ll answer:

  1. Describe Goldman Sachs Trust: Goldman Sachs Financial Square Government Fund; Institutional Class Shares (FGTXX).
  2. What are FGTXX holdings?
  3. What is FGTXX performance? What are FGTXX historical returns?
  4. How many up and down years did FGTXX have historically?
  5. What is FGTXX dividend yield?
  6. What is FGTXX minimum initial investment amount?
  7. What is FGTXX expense ratio?
  8. Does FGTXX have any sales loads or 12b-1 distribution expenses?
  9. What is FGTXX tax efficiency (tax-cost ratio)?
  10. What is FGTXX beta? How would you assess FGTXX risk?
  11. What is FGTXX Sharpe ratio?
  12. What is FGTXX Finny Score? FGTXX buy or sell?
  13. What are the pros of investing in FGTXX? What are FGTXX buy reasons?
  14. What are the cons of investing in FGTXX? What are FGTXX sell reasons?

So let’s start. Scroll down to the question that interests you the most.

Fact Sheet

1. Describe Goldman Sachs Trust: Goldman Sachs Financial Square Government Fund; Institutional Class Shares (FGTXX).

The Fund seeks to maximize current income to the extent consistent with the preservation of capital and the maintenance of liquidity by investing exclusively in high quality money market instruments. The Fund only invests in U.S. government securities and repurchase agreements relating to such securities.

2. What are FGTXX top holdings?

FGTXX has 0 stock holdings and 107 bond holdings.

The top 10 holdings represent 33.16% of total assets. Here are the top holdings:

Name Symbol % Assets
Ficc 2.50 07/01/19 N/A 8.72%
Ficcssb 2.50 07/01/19 N/A 6.45%
Ja3 2.50574 07/01/19 N/A 3.74%
United States Treasury Notes 2.14% N/A 2.51%
Nom 2.52 07/01/19 N/A 2.18%
United States Treasury Notes 2.24% N/A 2.11%
United States Treasury Notes 2.14% N/A 1.90%
Rbcny 2.44 07/10/19 N/A 1.90%
Bpar 2.50 07/03/19 N/A 1.90%
Jpmsi 2.49 05/07/19 N/A 1.75%

3. What is FGTXX performance? What are FGTXX historical returns?

FGTXX has generated the following returns:

  • 1-month return is 0.01%;
  • 3-month return is 0.03%;
  • 1-year return is 0.97%;
  • 3-year return is 1.52%;
  • 5-year return is 1.06%;
  • 10-year return is 0.54%;
  • 15-year return is 1.30%.

4. How many up and down years did FGTXX have historically?

In the last 10 years, FGTXX had 10 up years and 0 down years. See Performances

5. What is FGTXX dividend yield?

FGTXX yield is 2.1%.

6. What is FGTXX minimum initial investment amount?

FGTXX minimum initial investment amount is N/A.

7. What is FGTXX expense ratio?

FGTXX expense ratio is 0.18%. The expense ratio of a fund is the total percentage of fund assets used for administrative, management, and all other expenses. See Expenses

8. Does FGTXX have any sales loads or 12b-1 distribution expenses?

FGTXX 12b-1 distribution fee is 0. FGTXX front-end sales load is 0. FGTXX back-end sales load is 0.

9. What is FGTXX tax efficiency (tax-cost ratio)?

  • 1-year ax cost ratio is 0.4%;
  • 3-year ax cost ratio is 0.62%.

See Taxes

10. What is FGTXX beta? How would you assess FGTXX risk?

See Risks

Analysis

12. What is Finny Score? buy or sell?

Finny Score is 86. Our quantitative analysis shows 6 reasons to buy and 1 reason to sell it, resulting in the Finny Score of 86.

13. What are the pros of investing in FGTXX? What are FGTXX buy reasons?

The following are FGTXX strengths from our perspective:

  • <strong>FGTXX net assets</strong> are $115.95 billion. This fund is a popular choice with retail and institutional investors.
  • <strong>FGTXX 3-year return</strong> is 1.52%, which is in line with the 3-year return of the benchmark index (USTREAS Treasury Bill Auction Average 3 Month), 1.64%.
  • <strong>FGTXX 5-year return</strong> is 1.06%, which is in line with the 5-year return of the benchmark index (USTREAS Treasury Bill Auction Average 3 Month), 1.17%.
  • <strong>FGTXX 15-year return</strong> is 1.3%, which is higher than the 15-year return of the benchmark index (USTREAS Treasury Bill Auction Average 3 Month), 1.26%.
  • <strong>FGTXX expense ratio</strong> is 0.18%, which is considered low. Nice job picking a low-cost fund.
  • Good news: this fund does not have 12b1, front-end or back-end sales fees.

14. What are the cons of investing in FGTXX? What are FGTXX negatives?

The following are FGTXX weaknesses from our perspective:

  • <strong>FGTXX 10-year return</strong> is 0.54%, which is lower than the 10-year return of the benchmark index (USTREAS Treasury Bill Auction Average 3 Month), 0.61%.
In the FGTXX review, we covered FGTXX key stats (return, performance, yield, expense ratio, and holdings), buy and sell analysis, and alternative investments. If this review was helpful to you, feel free to check out other mutual fund and ETF reviews.
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