Cash

GMMF

iShares Government Money Market ETF

  • NAV as of Apr 17, 2025 $100.27
  • 1 Day NAV Change as of Apr 17, 2025 0.02 (0.02%)
  • 7-day SEC Yield as of Apr 17, 2025 4.08%
  • Fees as stated in the prospectus Expense Ratio: 0.20%

Overview

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Performance

Performance

Distributions

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Premium/Discount

View full chart
Chart
Line chart with 52 data points.
The chart has 1 X axis displaying Time. Range: 2025-02-04 00:00:00 to 2025-04-17 00:00:00.
The chart has 1 Y axis displaying values. Range: 99.75 to 100.5.
6M
End of interactive chart.

The daily Mark-to-Market Net Asset Value (“MTM NAV”) chart is provided in accordance with the Securities and Exchange Commission’s Rule 2a-7 of the Investment Company Act of 1940, and reflects fund level data. The Mark-to-Market NAV value should not be viewed as indicative of future MTM NAVs or the future performance of any of the funds and should not be relied upon for purposes of making an investment decision. The MTM NAV may change from day to day. The MTM NAV does not reflect the price at which an investor may transact in the Fund. Values in the chart above represent the actual fund MTM NAV and are rounded to 4 decimal places, which could cause chart variances.

  1y 3y 5y 10y Incept.
Total Return (%)

as of Mar 31, 2025

- - - - -
Market Price (%)

as of Mar 31, 2025

- - - - -
After Tax Pre-Liq. (%)

as of Mar 31, 2025

- - - - -
After Tax Post-Liq. (%)

as of Mar 31, 2025

- - - - -
  YTD 1m 3m 6m 1y 3y 5y 10y Incept.
Total Return (%)

as of Mar 31, 2025

- 0.35 - - - - - - 0.63
Market Price (%)

as of Mar 31, 2025

- 0.32 - - - - - - 0.64
After Tax Pre-Liq. (%)

as of Mar 31, 2025

- 0.25 - - - - - - 0.53
After Tax Post-Liq. (%)

as of Mar 31, 2025

- 0.21 - - - - - - 0.37
Performance data is not currently available
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance quoted. The fund's investment advisor may, from time to time, voluntarily waive a portion of its fees. Performance shown reflects these fee waivers and would be lower without such waivers. BFA may discontinue voluntary waivers at any time without notice.
Performance chart data not available for display.
Performance chart data not available for display.

Key Facts

Key Facts

Net Assets of Fund
as of Apr 17, 2025
$40,106,747
Exchange
NYSE Arca
Shares Outstanding
as of Apr 17, 2025
400,000
Premium/Discount
as of Apr 17, 2025
0.02%
Closing Price
as of Apr 17, 2025
100.29
30 Day Median Bid/Ask Spread
as of Apr 17, 2025
0.01%
Fund Launch Date
Feb 04, 2025
Asset Class
Cash
Distribution Frequency
Monthly
CUSIP
09290C749
30 Day Avg. Volume
as of Apr 17, 2025
5,796.00
Daily Volume
as of Apr 17, 2025
2,436.00

Regulatory Links
> Public Filings
> Form N-MFP

Portfolio Characteristics

Portfolio Characteristics

Weighted Average Maturity
as of Apr 17, 2025
36 days
Daily Liquidity Assets %
as of Apr 17, 2025
83.0%
Equity Beta (3y)
as of -
-
Standard Deviation (3y)
as of -
-
1-day Yield
as of Apr 17, 2025
4.15%
7-day Yield
as of Apr 17, 2025
4.08%
7-day SEC Yield
as of Apr 17, 2025
4.08%
30-day Yield
as of Apr 17, 2025
4.12%
30-day SEC Yield
as of Apr 17, 2025
4.12%
Weighted Average Life
as of Apr 17, 2025
82 days
Weekly Liquidity Assets %
as of Apr 17, 2025
83.0%
12m Trailing Yield
as of Mar 06, 2025
-
Net Shareholder Flows
as of Apr 11, 2025
$2,003,909
Unsubsidized 1-day Yield
as of Apr 17, 2025
4.15%
Unsubsidized 7-day Yield
as of Apr 17, 2025
4.08%
7-day Unsubsidized SEC Yield
as of Apr 17, 2025
4.08%
Unsubsidized 30-day Yield
as of Apr 17, 2025
4.12%
Unsubsidized 30-day SEC Yield
as of Apr 17, 2025
4.12%

This information must be preceded or accompanied by a current prospectus. For standardized performance, please see the Performance section above.

The daily shareholder flows data is provided in accordance with the Rule 2a-7 of the Investment Company Act of 1940. If there are no or net zero daily shareholder flows for a given business day, the chart will not reflect a data point for that business day.

Fees

Fees

as of current prospectus
Management Fee 0.20%
Acquired Fund Fees and Expenses 0.00%
Other Expenses 0.00%
Expense Ratio 0.20%

The amounts shown above are as of the current prospectus, but may not include extraordinary expenses incurred by the Fund over the past fiscal year. Amounts are rounded to the nearest basis point, which in some cases may be "0.00".

Holdings

Holdings

Detailed Holdings and Analytics
Holdings are subject to change.


The values shown for “market value,” “weight,” and “notional value” (the “calculated values”) are based off of a price provided by a third-party pricing vendor for the portfolio holding and do not reflect the impact of systematic fair valuation (“the vendor price”). The vendor price is not necessarily the price at which the Fund values the portfolio holding for the purposes of determining its net asset value (the “valuation price”). Holdings data shown reflects the investment book of record, which may differ from the accounting book of record used for the purposes of determining the Net Assets of the Fund. Additionally, where applicable, foreign currency exchange rates with respect to the portfolio holdings denominated in non-U.S. currencies for the valuation price will be generally determined as of the close of business on the New York Stock Exchange, whereas for the vendor price will be generally determined as of 4 p.m. London. The calculated values may have been different if the valuation price were to have been used to calculate such values. The vendor price is as of the most recent date for which a price is available and may not necessarily be as of the date shown above.

Please see the “Determination of Net Asset Value” section of each Fund’s prospectus for additional information on the Fund’s valuation policies and procedures.

Exposure Breakdowns

Exposure Breakdowns

as of Apr 17, 2025

% of Market Value

Sector exposure is calculated by aggregating the percent par of individual securities in the portfolio by security type. BlackRock uses a proprietary process to determine the security type of individual securities, by conducting a thorough analysis of the issuer/obligor, including but not limited to any support providers or enhancers. The values reported include cash, accrued income, and/or payables/receivables which may result in negative weightings from specific circumstances (including timing differences between trade and settle dates of securities purchased by the funds). Allocations are subject to change.

Allocations are subject to change.

Portfolio Managers

Portfolio Managers

Eric Hiatt, CFA, FRM
Eric Hiatt, CFA, FRM
Managing Director, Portfolio Manager

Eric D. Hiatt, CFA, FRM, Managing Director and portfolio manager, is the Head of U.S. Portfolio Management for Cash Management within BlackRock Global Markets.

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Eric D. Hiatt, CFA, FRM, Managing Director and portfolio manager, is the Head of U.S. Portfolio Management for Cash Management within BlackRock Global Markets. As a member of BlackRock Global Markets, he contributes to the development and implementation of investment strategy and serves as portfolio lead for the U.S. Prime funds, Collective Trust Funds and securities lending cash collateral.

 

Prior to joining BlackRock in 2012, Mr. Hiatt was a Senior Portfolio Manager at Dwight Asset Management Company where he was responsible for generating and directing tactical trading for the money market and ultra-short duration desk. Prior to joining Dwight in 2009, Mr. Hiatt was a Senior Portfolio Manager at Lehman Brothers Asset Management where he spent six years assisting in the development of portfolio strategy and implementation of investment objectives for global cash management team. Previously, he spent five years as a trader and assistant portfolio manager for Opus Investment Management. Mr. Hiatt began his career as an analyst in the Treasury group for Eastern Enterprises, a utility holding company, in 1997.

 

Mr. Hiatt earned a BS in finance from Bentley University in 1997 and an MBA from Boston College's Carroll School of Management in 2006.  He is a member of the CFA Institute and the Global Association of Risk Professionals.

Joseph Markowski
Joseph Markowski
Managing Director, Portfolio Manager

Joseph Markowski, Managing Director and portfolio manager, is a member of the Cash Management team within BlackRock Global Markets.

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Joseph Markowski, Managing Director and portfolio manager, is a member of the Cash Management team within BlackRock Global Markets. He is responsible for managing USD liquidity and short duration portfolios, with a focus on overseeing U.S. Government and Treasury strategies

 

Prior to moving to his current role in 2008, Mr. Markowski was a member of BlackRock's Global Rates Investment Team within BlackRock Fundamental Fixed Income portfolio management group. In this role, he was responsible for financing the firm's leveraged funds and alternative products. Mr. Markowski joined BlackRock in 1993 as a member of the Global Client Group, where he was responsible for marketing and sales support for the firm's institutional liquidity business.

 

Mr. Markowski earned a BS degree in finance from Drexel University in 1994.

Christopher Linsky
Christopher Linsky
Vice President, Portfolio Manager

Christopher Linsky, Vice President and portfolio manager, is a member of the Cash Management team within BlackRock Global Markets.

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Christopher Linsky, Vice President and portfolio manager, is a member of the Cash Management team within BlackRock Global Markets. His primary responsibility is managing US Liquidity Portfolios, including proprietary and subadvised government money market funds as well as dollar denominated offshore portfolios.

 

Mr. Linsky joined BlackRock in 2000 as a member of the Global Investment Operations Group, where he was responsible for the reconciliation of cash accounts for several large custodian bank relationships. Previously, he worked for SEI Investments as a mutual fund accountant for taxable and tax-exempt funds. Mr. Linsky began his investment career as an investment advisor for Morgan Stanley in 1997.

 

Mr. Linsky earned a BS degree in Finance and Economics from Drexel University in 1997 and an MBA with a concentration in Finance from Villanova University in 2003.

 

Literature

Literature

See all documents

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