FTQXX — Franklin U.S. Government Money Fund

Data updated: 2025-10-23

FTQXX — Franklin U.S. Government Money Fund. Money Market · 1.14% expense ratio. Holdings, fees, performance and SEC filings.

FTQXX Fund Overview

FTQXX — Franklin U.S. Government Money Fund is a US mutual fund managed by Franklin U.s. Government Money Fund, categorised as Money Market. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.

FTQXX Investment Objective and Strategy

Franklin U.S. Government Money Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Franklin U.s. Government Money Fund.

Investment objective

To provide investors with as high a level of current income as is consistent with the preservation of shareholders capital and liquidity. The Fund also tries to maintain a stable $1.00 share price.

Principal investment strategy

"The Fund is a ""feeder fund"" that invests, through the Master Portfolio, at least 99.5% of its total assets in Government securities, cash and repurchase agreements collateralized fully by Government securities or cash. For purposes of this policy, ""Government securities"" means any securities issued or guaranteed as to principal or interest by the United States, or by a person controlled or supervised by and acting as an instrumentality of the Government of the United States pursuant to authority granted by the Congress of the United States; or any certificate of deposit for any of the foregoing. The Fund intends to be a ""Government money market fund,"" as such term is defined in or interpreted under Rule 2a-7 under the Investment Company Act of 1940. Shareholders will be given at least 60 days' advance notice of any change to the 99.5% policy.

The Fund uses the amortized cost method of valuation to seek to maintain a stable $1.00 share price and does not currently intend to impose liquidity fees or redemption gates on Fund redemptions. Please note, however, that the board of trustees reserves the ability to subject the Fund to a liquidity fee and/or redemption gate in the future, after providing prior notice to shareholders. Government agency or instrumentality issues have different levels of credit support. U.S. government-sponsored entities (""GSEs""), such as Federal National Mortgage Association (Fannie Mae) and Federal Home Loan Mortgage Corporation (Freddie Mac), may be chartered by Acts of Congress, but their securities are neither issued nor guaranteed by the U.S. government. Although the U.S. government has provided financial support to Fannie Mae, Freddie Mac and certain other GSEs, no assurance can be given that the U.S.

government will continue to do so. Accordingly, securities issued by Fannie Mae and Freddie Mac may involve a risk of non-payment of principal and interest. Investors should remember that guarantees of timely repayment of principal and interest do not apply to the market prices and yields of the securities or to the net asset value or performance of the Fund, which will vary with changes in interest rates and other market conditions. Unless the context otherwise requires, references to the Fund's investments refer to those investments of the Master Portfolio to which the Fund is exposed and references to the investment manager or the Fund's investment manager refer to the Master Portfolio's investment manager. The Fund invests in: U.S. government securities which may include fixed, floating and variable rate securities.

Repurchase agreements which are agreements by the Fund to buy Government securities and then to sell the securities back on an agreed upon date (generally, less than seven days) at a higher price, which reflects prevailing short-term interest rates. Portfolio maturity and quality The Fund only buys securities that the investment manager determines present minimal credit risks. The Fund maintains a dollar-weighted average portfolio maturity of 60 calendar days or less, maintains a dollar-weighted average life for its portfolio of 120 calendar days or less, and only buys securities that mature in 397 calendar days or less."

FTQXX Holdings

Top 1 holdings of Franklin U.S. Government Money Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.

Holding% of net assets
U.S. Government Money Market Portfolio (The)99.75%

View all FTQXX holdings

FTQXX Costs and Fees

FTQXX costs about $114 per $10,000 invested per year in fund expenses.

  • Net expense ratio: 1.14%
  • Gross expense ratio: 1.14%

FTQXX Debt Constituents

No individual debt constituents are reported in Franklin U.S. Government Money Fund's latest SEC N-PORT filing.

FTQXX Prospectus and SEC Filings

Official Franklin U.S. Government Money Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

Related Funds

Other Money Market funds tracked on ABC INVEST:

Data Sources

ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.