Markets.com Logo

GGPXX

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    0.9929$
  • Previous Close
    0.9929$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

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.

Gold's Safe-Haven Status Under Scrutiny: Market Dynamics and Price Outlook

Emma Rose|--

Trump's Iran War Exit Without a Deal: Reshaping Middle East Energy Security and Power Dynamics

Emma Rose|--
European market insights: What is the European stock market doing right now?

European market insights: What is the European stock market doing right now?

Ghko B|--
EUR/USD Analysis Today: EUR/USD Gains to 1.1550 as Middle East Uncertainty Lingers

EUR/USD Analysis Today: EUR/USD Gains to 1.1550 as Middle East Uncertainty Lingers

Ghko B|--

Microsoft at a Crossroads: AI Hurdles and Cloud Resilience Amidst Market Volatility

Sophia Claire|--

Iran's Hormuz Gambit: Leveraging a Chokepoint for Economic Leverage and Global Impact

Ava Grace|--

Gold Market Resilience: Navigating Sell-offs and Sustaining Bull Run

Noah Lee|--

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.

People Also Watch

Latest news

US Steel and Aluminum Tariffs Revamped: Simplification Amidst Potential Cost Increases

Noah Lee|--

SpaceX Files Secret IPO Bid, Eyeing Record-Breaking $1.75 Trillion Valuation

Ava Grace|--

US Intelligence: Iran Unwilling to Engage in Substantive Talks to End War

Sophia Claire|--

Latest Education Articles

What Is Sensex in Stock Market: Meaning, Calculation, and Why It Matters for Investors

What Is Sensex in Stock Market: Meaning, Calculation, and Why It Matters for Investors

Ghko B|--
Investing basics for beginners: What are the 4 economic indicators?

Investing basics for beginners: What are the 4 economic indicators?

Frances Wang|--
CFDs vs Options: What’s the Difference?

CFDs vs Options: What’s the Difference?

Julian Parker|--