The iShares Government Money Market ETF (GMMF) is a strategically designed investment vehicle that provides exposure to high-quality government money market instruments. As an actively managed fund, GMMF focuses on generating current income while maintaining an emphasis on capital preservation. It achieves this by investing predominantly in U.S. government securities with ultra-short-term maturities, ensuring minimal interest rate risk and high liquidity. Categorized under the government sector, GMMF targets the investment grade segment, offering a robust option for investors seeking a secure and stable addition to their portfolios. This ETF is particularly well-suited for those looking to balance risk with steady returns in the ultra-short-term niche, making it an attractive choice for conservative investors and those seeking to diversify their cash management strategies.
iShares Government Money Market ETF (GMMF) Fund Flow Chart
iShares Government Money Market ETF (GMMF) 1 year Net Flows: $28M
GMMF ETF FAQ
What was GMMF’s price range in the past 12 months?
GMMF lowest ETF price was $99.59 and its highest was $100.58 in the past 12 months.