FKIXX Fees and Costs — Goldman Sachs Investor Tax-Exempt Money Market Fund, Class A
Data updated: 2026-03-27
The net expense ratio is 0.43%: a 0.16% management fee, a 0.25% 12b-1 fee plus 0.03% other expenses, less a 0.01% fee waiver. There are no sales loads or redemption fees.
FKIXX Fees and Expenses
Annual operating expenses and sales charges of FKIXX. Prospectus, as of November 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.16% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.03% |
| Gross expense ratio | 0.44% |
| Fee waiver | −0.01% |
| Net expense ratio | 0.43% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | 0.00% |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
FKIXX Costs Over Time
On $10,000 invested in FKIXX, assuming 5% a year before costs, total costs come to $272 over 5 years, cutting the return by 0.45% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.43%) | $45 | $142 | $247 |
| Lost growth on money paid in costs | $0 | $7 | $25 |
| Total costs | $45 | $149 | $272 |
| Value after costs | $10,455 | $11,428 | $12,491 |
| Impact on return, per year | 0.45% | 0.45% | 0.45% |
FKIXX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending November 30, 2025.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $49.1B
- Portfolio turnover (prospectus): —
- Securities lending: none during the year
FKIXX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $18.1B | 38.28% |
| BARCLAYS CAPITAL, INC. | $8.5B | 18.04% |
| BOFA SECURITIES, INC. | $6.6B | 13.94% |
| WELLS FARGO SECURITIES, LLC | $3.3B | 6.91% |
| CitiGroup Global Markets Inc. | $3.0B | 6.36% |
| MORGAN STANLEY & CO. LLC | $1.8B | 3.80% |
| BMO NESBITT BURNS INC. | $1.7B | 3.62% |
| U.S. BANCORP INVESTMENTS, INC. | $1.7B | 3.59% |
| TD SECURITIES (USA) LLC | $1.4B | 3.07% |
| RBC CAPITAL MARKETS, LLC | $1.1B | 2.39% |
Goldman Sachs Investor Tax-Exempt Money Market Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| FTXXX | Class I | 0.18% | none |
| GPTXX | Preferred Shares | 0.28% | none |
| FEAXX | Administration Shares | 0.43% | none |
| FKIXX | Class A | 0.43% | none |
| FESXX | Service Shares | 0.68% | none |
| FCYXX | Class C | 1.18% | none |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.