Goldman Sachs
Financial Square^SMFunds

Financial Square^SM Money Market Fund - Institutional Shares

Inception Date:05/18/1994

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

Fund Performance (%) ‐ Information as of 05/31/2022

Class	Standardized 7 Day Current Yield¹	Standardized 7 Day Effective Yield¹	30 Day Average Yield²
Institutional Shares	0.83	0.83	0.76

Information as of: 05/31/2022

Class	1 Year Simple Average Yield ³	1 Year Total Return⁴
Institutional Shares	0.16	0.15

The yields and returns represent past performance. Past performance does not guarantee future results. Current performance may be lower or higher than the performance quoted above. Please visit www.gsamfunds.com to obtain the most recent month-end returns.

Yields and returns will fluctuate as market conditions change. The yield quotations more closely reflect the current earnings of the Fund than the total return quotations.

Monthly Average Net Yield (%)⁵

Class	May 22	Apr 22	Mar 22	Feb 22	Jan 22	Dec 21	Nov 21	Oct 21	Sep 21	Aug 21	Jul 21	Jun 21
Institutional Shares	0.76	0.42	0.22	0.06	0.04	0.05	0.07	0.08	0.08	0.09	0.04	0.04

Dividends

Dividends are paid monthly, but are accrued daily.

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.

The yields and returns for the Goldman Sachs Money Market Funds listed are calculated by Goldman Sachs Asset Management. All yields and returns shown are net of fees and assume reinvestment of all distributions at net asset value.
¹Standardized 7-Day Yields (Current and Effective): The 7-Day figures above have been calculated in accordance with securities industry regulations and do not include capital gains. The "Standardized 7-Day Current Yield" may differ slightly from the actual distribution rate of a given portfolio because of the exclusion of distributed capital gains, which are non-recurring. The "Standardized 7-Day Effective Yield" assumes reinvestment of dividends for one year.

²The 30-Day Average Yield is a net, annualized yield, thirty days back from the current date listed ‐ this does not include compounding.

³The 1-Year Simple Average Yield is the sum of the last 12 months returns, excluding the compounding effect of an average annual return.

⁴The 1-Year Total Return is an average annual total return, which is 12 months of returns compounded and annualized.

⁵Monthly Average Net Yield is a net, annualized yield for actual (e.g., 28 days, 30 days, or 31 days) days in the previous month ‐ this does not include compounding.

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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