Goldman Sachs
Financial Square^SMFunds

Financial Square^SM Treasury Obligations Fund - Institutional Shares

Inception Date:04/25/1990

Fund Profile	Fund Performance	Historical Rates [PDF]	Daily Rates [PDF]	Portfolio Holdings [PDF]	Commentary
Fund Fact Card	Daily Market Net Asset Value (MNAV) [PDF]	Weekly Holdings [PDF]	Weekly Country Exposure [PDF]	Country Exposure - Previous Month	Access GLM

Investor Goals

Maximize current income
Preserve capital
Maintain daily liquidity

The Fund pursues these goals by investing exclusively in high-quality money market instruments.

Fund Objective

Seeks to maximize current income, to the extent consistent with the preservation of capital, and maintain liquidity.
Limits its investments to only short-term U.S. Treasury securities, whose principal and interest payments are guaranteed by the U.S. Treasury, and repurchase agreements relating to these securities.

Credit Ratings

No Capital Reserve Required
Standard & Poor's Ratings Service: AAAm¹
Moody's Investor Services, Inc.: Aaa²

Portfolio Assets^*
As of 05/31/2022

27,195.10 MM USD

Fund Manager

GSAM Liquidity Solutions Team

Fund Facts

Symbol:	FTOXX
Fund Number:	468
CUSIP:	38141W323

Portfolio Composition (%) ‐ Information as of 05/31/2022


U.S. Treasury Repurchase Agreement	73.2
Treasury Debt	26.8

Holdings and allocations shown are unaudited, and may not be representative of current or future investments. Holdings and allocations may not include the Fund's entire investment portfolio, which may change at any time. Fund holdings should not be relied on in making investment decisions and should not be construed as research or investment advice regarding particular securities.

Prospectus [PDF]

Semi-Annual Report [PDF]

Annual Report [PDF]

An investment in the Fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Although the Fund seeks to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in the Fund.

You agree to receive the following prospectus electronically and to carefully read and agree to its terms before investing or sending money. Please consider a Fund's objectives, risks, charges and expenses before investing. The prospectus contains this and other information about the Fund. If you would like a preprinted copy of the prospectus, please contact a Citibank representative.

¹Definition of Standard & Poor's AAAm rating: Safety is excellent. Superior capacity to maintain principal value and limit exposure to loss.

²Definition of Moody's Aaa rating: Money Market Funds and Bond Funds rated Aaa are judged to be of an investment quality similar to Aaa-rated fixed income obligations, that is, they are judged to be of the best quality.
Ratings are subject to change and do not imply the elimination of risk.
^*Portfolio Assets figure represents the total assets for all share classes of the Financial Square Treasury Instruments Fund.

Goldman Sachs Financial Square Funds^(SM) is a registered service mark of Goldman, Sachs & Co.

Goldman, Sachs & Co., distributor of the Goldman Sachs Money Market Funds, is not a bank, and funds shares distributed by Goldman, Sachs & Co. are not deposits or obligations of, or endorsed or guaranteed by, any bank or other insured depository institution, nor are they insured by the Federal Deposit Insurance Corporation (FDIC), the Federal Reserve Board or any other government agency. An investment in a mutual fund involves risk, including the possible loss of principal.
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