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GGPXX

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1m

Analysis and statistics

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About

GGPXX.US refers to Goldman Sachs FS Government Money Market Fund Institutional. It is a money market fund offered by Goldman Sachs that primarily invests in U.S. government securities, repurchase agreements collateralized by U.S. government securities, and cash. The fund aims to provide current income consistent with the preservation of capital and liquidity. Its investments are generally considered to be of high quality and low risk.
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Factors

Interest Rates: GGPXX's price, being a money market fund, is inversely related to prevailing interest rates. Higher rates typically lead to lower fund prices and vice versa. Federal Reserve policy heavily influences these rates. Credit Quality: The creditworthiness of the securities held in GGPXX's portfolio impacts its stability. Lower credit quality holdings can potentially decrease the fund's net asset value (NAV). Maturity of Holdings: The average maturity of the securities within GGPXX affects its sensitivity to interest rate changes. Longer maturities increase sensitivity, causing greater price fluctuations. Supply and Demand: General market conditions and investor appetite for low-risk investments like money market funds affect the demand for GGPXX, which can influence its price. Expense Ratio: While designed to maintain a stable $1 NAV, a higher expense ratio eats into returns and can indirectly affect the appeal and perceived value of GGPXX.

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