GMMF

iShares Government Money Market ETF

$100.36

+0.00%

Market closed. Last update: 11:57 AM ET

📎 Investment Objective

The iShares Government Money Market ETF (GMMF) seeks to provide current income while preserving capital and maintaining liquidity.

Overview

ETF tracking iShares Government Money Market ETF

Category Innovation

Issuer BlackRock

Inception Date 2025-02-05

Market Cap $68.2M

Average Volume N/A

Dividend Yield 2.84%

52-Week Range $100.06 - $100.55

VWAP $100.35

Performance

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Investment Summary

📎 Investment Objective

The iShares Government Money Market ETF (GMMF) seeks to provide current income while preserving capital and maintaining liquidity.

🎯 Investment Strategy

The ETF invests in a portfolio of short-term U.S. government securities, including Treasury bills, bonds, and notes. The fund aims to maintain a stable net asset value (NAV) of $1 per share and provide a yield that is competitive with other money market funds.

✨ Key Features

Invests in high-quality, short-term U.S. government debt securities
Seeks to maintain a stable $1 NAV to preserve capital
Provides current income and liquidity for investors
Expense ratio of 0.00%, making it a low-cost option

⚠️ Primary Risks

Interest rate risk: The value of the fund's holdings may decline if interest rates rise
Credit risk: The fund is exposed to the risk of default by the U.S. government
Liquidity risk: The fund may have difficulty selling its holdings in times of market stress
Yield risk: The fund's yield may be lower than that of other money market funds

👤 Best For

The iShares Government Money Market ETF is best suited for conservative investors seeking current income, capital preservation, and high liquidity. It may be appropriate as a cash management tool or a short-term investment within a diversified portfolio.