FAJXX: Goldman Sachs Tax-Exempt MMkt FST Pref

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FAJXX Goldman Sachs Tax-Exempt MMkt FST Pref


Profile

FAJXX - Profile

Vitals

  • YTD Return 0.0%
  • 3 Yr Annualized Return N/A
  • 5 Yr Annualized Return N/A
  • Net Assets $5.12 M
  • Holdings in Top 10 34.0%

52 WEEK LOW AND HIGH

$1.00
$1.00
$1.00

Expenses

OPERATING RELATED FEES

  • Expense Ratio 8.66%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover N/A

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

Closed to new investors as of Jan 17, 2018
  • Standard (Taxable) $10,000,000
  • IRA N/A

Fund Classification

  • Primary Caregory N/A
  • Fund Type Money Market Fund
  • Investment Style Money Market-Tax-Free

Distributions

  • YTD Total Return 0.0%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 0.43%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

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

Fund Description

The fund invests at least 80% of its net assets plus any borrowings for investment purposes 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.


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Categories

FAJXX - Mutual Fund Categories


Performance

FAJXX - Performance

Return Ranking - Trailing

Period FAJXX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.0% -50.0% 268.1% 95.17%
1 Yr 0.5% -64.8% 268.1% 36.29%
3 Yr N/A* -100.0% 115.6% N/A
5 Yr N/A* -100.0% 58.6% N/A
10 Yr N/A* -12.1% 26.2% N/A

* Annualized

Return Ranking - Calendar

Period FAJXX Return Category Return Low Category Return High Rank in Category (%)
2019 0.0% -100.0% 73.0% 3.15%
2018 0.0% -76.0% 212.6% 86.35%
2017 N/A -65.0% 900.0% N/A
2016 N/A -87.3% 336.8% N/A
2015 N/A -60.1% 304.1% N/A

Total Return Ranking - Trailing

Period FAJXX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.0% -50.0% 268.1% 95.15%
1 Yr 0.5% -64.8% 268.1% 48.20%
3 Yr N/A* -100.0% 115.6% N/A
5 Yr N/A* -100.0% 58.6% N/A
10 Yr N/A* -12.1% 26.3% N/A

* Annualized

Total Return Ranking - Calendar

Period FAJXX Return Category Return Low Category Return High Rank in Category (%)
2019 0.0% -100.0% 76.6% 6.04%
2018 0.0% -30.7% 212.6% 89.31%
2017 N/A -65.0% 900.0% N/A
2016 N/A -87.3% 341.1% N/A
2015 N/A -60.1% 304.1% N/A

NAV & Total Return History


Holdings

FAJXX - Holdings

Concentration Analysis

FAJXX Category Low Category High FAJXX % Rank
Net Assets 5.12 M 10 804 B 93.88%
Number of Holdings 40 1 17333 71.22%
Net Assets in Top 10 1.75 M -7.11 B 145 B 91.64%
Weighting of Top 10 34.01% 0.0% 20474.3% 49.79%

Top 10 Holdings

  1. CU 0.97% 4.86%
  2. Connecticut St Health & Edl Fa Var 0.95% 3.89%
  3. Hennepin Cnty Minn Go Bds 1.38% 3.89%
  4. Ohio St Higher Edl Fac Commn R Coml P 1% 3.89%
  5. Harris Cnty Tex Cultural Ed Fa Var 1.3% 2.92%
  6. Massachusetts St Health & Edl Var 1.18% 2.92%
  7. Mississippi Busn Fin Corp Var Bds 1.2% 2.92%
  8. Missouri Dev Fin Brd Cultural Rev 1.18% 2.92%
  9. Murray City Utah Hosp Rev Rev Bond 1.17% 2.92%
  10. North Carolina Cap Facs Fin Ag Rev 1.45% 2.92%

Asset Allocation

Weighting Return Low Return High FAJXX % Rank
Bonds
88.34% -955.59% 2458.15% 21.88%
Cash
11.66% -2458.20% 7388.76% 15.10%
Stocks
0.00% -142.98% 259.25% 79.15%
Preferred Stocks
0.00% -21.20% 80.89% 35.44%
Other
0.00% -7288.76% 493.15% 42.60%
Convertible Bonds
0.00% -0.37% 144.58% 41.73%

Bond Sector Breakdown

Weighting Return Low Return High FAJXX % Rank
Municipal
88.34% 0.00% 165.37% 6.34%
Cash & Equivalents
11.66% -2458.20% 7388.76% 15.28%
Derivative
0.00% -511.61% 54.22% 19.30%
Securitized
0.00% -24.16% 264.51% 42.74%
Corporate
0.00% -46.36% 3345.86% 55.89%
Government
0.00% -3298.93% 2458.15% 48.81%

Bond Geographic Breakdown

Weighting Return Low Return High FAJXX % Rank
US
88.34% -955.59% 2458.15% 11.95%
Non US
0.00% -153.97% 464.75% 53.40%

Expenses

FAJXX - Expenses

Operational Fees

FAJXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 8.66% -2.86% 950.64% 5.27%
Management Fee 0.21% 0.00% 2.87% 17.98%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.10% 0.00% 52000.00% 51.43%

Sales Fees

FAJXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 25.00% N/A
Deferred Load N/A 0.25% 5.50% N/A

Trading Fees

FAJXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.00% 2.00% 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.

FAJXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 5067.00% N/A

Distributions

FAJXX - Distributions

Dividend Yield Analysis

FAJXX Category Low Category High FAJXX % Rank
Dividend Yield 0.00% 0.00% 84.51% 78.75%

Dividend Distribution Analysis

FAJXX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annually Monthly Annually

Net Income Ratio Analysis

FAJXX Category Low Category High FAJXX % Rank
Net Income Ratio 0.43% -46.00% 10.88% 79.10%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

FAJXX - Fund Manager Analysis

Managers

Management Team


Start Date

Tenure

Tenure Rank

Mar 31, 2016

1.75

1.8%

Team Managed

Tenure Analysis

Category Low Category High Category Average Category Mode
0.01 33.52 5.37 3.25