GGTPX

About GGTPX

Goldman Sachs Government Income Fund Class P is a mutual fund that primarily seeks to deliver a high level of current income while emphasizing the safety of principal. The fund invests at least 80% of its net assets in government-related securities, including obligations issued or guaranteed by the U.S. Treasury, federal agencies, and government-sponsored enterprises. It also includes securitized assets such as mortgage-backed securities from agencies like the Federal National Mortgage Association and Government National Mortgage Association. The fund targets the intermediate government bond category, maintaining a moderate interest rate sensitivity and high credit quality among its holdings. With a diversified portfolio and professional management by Goldman Sachs, the fund serves as a core fixed-income holding for investors seeking government-backed income generation and relative portfolio stability. Its asset allocation and expense structure are designed to deliver competitive returns compared to peers, and its holdings exhibit negligible exposure to carbon-related risks, reflecting a focus on securities with low environmental impact.