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About iShares Government Money Market ETF
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Inception date
Feb 4, 2025
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
BlackRock Fund Advisors
Distributor
BlackRock Investments LLC
ISIN
US09290C7496
GMMF is a government money market fund seeking current income with preserved liquidity and stability. It is an actively managed basket of money market instruments that will mature in or less than 397 days. The fund also aims to have a dollar-weighted average maturity of 60 days or less and a dollar-weighted average life of 120 days or less. At least 99.5% of its assets will be allocated to cash, US government securities, and secured repurchase agreements. It may invest in variable and floating rate instruments as well. Note that GMMF will not maintain a stable net asset value (NAV) per share using the amortized cost method of valuation and will base the calculations on the market value of its investments instead. As a government money market fund, its purchased securities will be subjected to the quality, diversification, and other requirements of Rule 2a-7. Since it is an actively managed fund, buy, sell, and hold decisions at the discretion of the portfolio managers.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Government
Cash
Corporate
Bonds, Cash & Other100.00%
Government59.99%
Cash23.54%
Corporate16.23%
Agency0.24%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
GMMF invests in bonds. The fund's major sectors are Government, with 59.99% stocks, and Corporate, with 16.23% of the basket. The assets are mostly located in the North America region.
GMMF last dividends amounted to 0.33 USD. The month before, the issuer paid 0.30 USD in dividends, which shows a 11.25% increase.
GMMF assets under management is 82.27 M USD. It's fallen 2.41% over the last month.
GMMF fund flows account for 57.15 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, GMMF pays dividends to its holders with the dividend yield of 3.78%. The last dividend (Nov 6, 2025) amounted to 0.33 USD. The dividends are paid monthly.
GMMF shares are issued by BlackRock, Inc. under the brand iShares. The ETF was launched on Feb 4, 2025, and its management style is Active.
GMMF expense ratio is 0.20% meaning you'd have to pay 0.20% of your investment to help manage the fund.
GMMF follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
GMMF invests in bonds.
GMMF trades at a premium (0.00%) meaning the ETF is trading at a higher price than the calculated NAV.