FAKXX: Goldman Sachs Tax-Exempt MMkt FST Res

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FAKXX Goldman Sachs Tax-Exempt MMkt FST Res

  • Fund
  • FAKXX
  • Price as of: Jan 02, 2019
  • $1.00 - $0.00 - 0.00%
  • Primary Category
  • N/A
  • Fund Company
  • N/A
  • Share Class

FAKXX - 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 9.21%

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 CATEGORY

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 0.04%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Daily

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.

FAKXX - Mutual Fund Categories

FAKXX - Performance

Return Ranking - Trailing

Period FAKXX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.0% -50.0% 268.1% 95.20%
1 Yr 0.0% -64.8% 268.1% 36.32%
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 FAKXX Return Category Return Low Category Return High Rank in Category (%)
2018 0.0% -100.0% 73.0% 3.18%
2017 0.0% -76.0% 212.6% 86.39%
2016 N/A -65.0% 900.0% N/A
2015 N/A -87.3% 336.8% N/A
2014 N/A -60.1% 304.1% N/A

Total Return Ranking - Trailing

Period FAKXX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.0% -50.0% 268.1% 95.17%
1 Yr 0.0% -64.8% 268.1% 48.22%
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 FAKXX Return Category Return Low Category Return High Rank in Category (%)
2018 0.0% -100.0% 76.6% 6.07%
2017 0.0% -30.7% 212.6% 89.35%
2016 N/A -65.0% 900.0% N/A
2015 N/A -87.3% 341.1% N/A
2014 N/A -60.1% 304.1% N/A

NAV & Total Return History

FAKXX - Holdings

Concentration Analysis

FAKXX Category Low Category High FAKXX % Rank
Net Assets 5.12 M 10 804 B 93.90%
Number of Holdings 40 1 17333 71.24%
Net Assets in Top 10 1.75 M -7.11 B 145 B 91.66%
Weighting of Top 10 34.01% 0.0% 20474.3% 49.81%

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 FAKXX % Rank
Bonds
88.34% -955.59% 2458.15% 21.91%
Cash
11.66% -2458.20% 7388.76% 15.13%
Stocks
0.00% -142.98% 259.25% 79.17%
Preferred Stocks
0.00% -21.20% 80.89% 35.48%
Other
0.00% -7288.76% 493.15% 42.65%
Convertible Bonds
0.00% -0.37% 144.58% 41.77%

Bond Sector Breakdown

Weighting Return Low Return High FAKXX % Rank
Municipal
88.34% 0.00% 165.37% 6.36%
Cash & Equivalents
11.66% -2458.20% 7388.76% 15.31%
Derivative
0.00% -511.61% 54.22% 19.34%
Securitized
0.00% -24.16% 264.51% 42.78%
Corporate
0.00% -46.36% 3345.86% 55.92%
Government
0.00% -3298.93% 2458.15% 48.84%

Bond Geographic Breakdown

Weighting Return Low Return High FAKXX % Rank
US
88.34% -955.59% 2458.15% 11.98%
Non US
0.00% -153.97% 464.75% 53.44%

FAKXX - Expenses

Operational Fees

FAKXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 9.21% -2.86% 950.64% 5.10%
Management Fee 0.21% 0.00% 2.87% 18.00%
12b-1 Fee 0.15% 0.00% 1.00% 31.56%
Administrative Fee 0.50% 0.00% 52000.00% 99.23%

Sales Fees

FAKXX 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

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

Turnover 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.

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

FAKXX - Distributions

Dividend Yield Analysis

FAKXX Category Low Category High FAKXX % Rank
Dividend Yield 0.00% 0.00% 84.51% 78.79%

Dividend Distribution Analysis

FAKXX Category Low Category High Category Mode
Dividend Distribution Frequency Daily Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

FAKXX Category Low Category High FAKXX % Rank
Net Income Ratio 0.04% -46.00% 10.88% 86.65%

Capital Gain Distribution Analysis

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

FAKXX - Managers

Management Team

Manager

Start Date

Tenure

Tenure Rank

Mar 31, 2016

1.75

1.8%

Team Managed


Tenure Analysis

Category Low

0.01

Category High

33.52

Category Average

5.37

Category Mode

3.25