Money Funds
FRRXX Franklin U.S. Government Money Fund
- The fund invests in U.S. government securities, which may include fixed, floating and variable rate securities, as well as repurchase agreements collateralized fully by U.S. government securities or cash.
- We only buy securities we believe present minimal credit risks.
- We maintain a dollar-weighted average portfolio maturity of 60 days or less.
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NAV
$1.0000
As of 06/10/2026
Fund Level Market NAV
$1.0000
As of 06/10/2026
Liquid Asset (Daily)
64.37%
As of 06/10/2026
Liquid Asset (Weekly)
79.35%
As of 06/10/2026
Overview
Fund Facts
Fund description
The investment objective of the fund is to seek high current income as is consistent with the preservation of shareholders' capital and liquidity. The fund will invest at least 99.5% of its total assets in the U.S. government securities, cash and repurchase agreements collateralized fully by the U.S. government securities or cash. The fund seeks to maintain a stable $1 share price.
- Fund Inception Date
- 05/01/1976
- Dividend Frequency, if any
- Monthly
- Total Net Assets
As of 05/31/2026 (Updated Monthly) - $5.16 Billion
- Total Net Assets (Master Fund)
As of 2026-05-31 (Updated Monthly) - $11.16 Billion
- Shareholder Net Flow
As of 06/09/2026 - $0.22 Million
- Shareholder Net Flow (Master Fund)
As of 06/10/2026 - $75.70 Million
Sales Charges, Expenses & Fees
- Gross Expense Ratio
- 0.48%
- Net Expense Ratio
- 0.47%
- Maximum Initial Charge
- —
- CDSC
- N/A
- 12b-1 Fee
- —
Identifiers
- Ticker
- FRRXX
- Fund Number
- 333
- CUSIP Code
- 354014201
Dividends & Yields
- 7-Day Effective Yield
- 3.25%
- 7-Day Effective Yield—Without Waiver
- 3.26%
- 7-Day Current Yield
- 3.20%
- 7-Day Current Yield—Without Waiver
- 3.21%
Additional Fund Info
- Share Class Inception Date
- 05/01/2013
- Investment Style
- Money Market
- Lipper Classification
- Instl U.S. Government Money Market Funds
- Morningstar Category
- Money Market-Taxable
Manager
About the Team
Franklin Templeton Fixed Income
A global leader in fixed income, the team strives to provide consistent and resilient returns by combining deep fundamental research with rigorous portfolio construction. This solutions-driven approach means maintaining portfolio and risk exposures that align with client expectations.