Performance
Trailing returns
| 1 day | +0.00% | ||||
| 1 week | +0.00% | ||||
| 4 week | +0.00% | ||||
| 3 month | +0.00% | ||||
| YTD | +0.00% | ||||
| 1 year | +0.01% |
| |||
| 3 years* | +0.06% |
| |||
| 5 years* | +0.39% |
| |||
| *annualized | |||||
| Best 3 month return | +1.09% | |
| Worst 3 month return | 0.00% |
Morningstar statistics
Morningstar category: Money Market- Tax-Free
Key statistics
| Total assets | 2.80B | |
| Front load | - | |
| Deferred load | - | |
| Expense ratio | 0.31% | |
| Management fee | - | |
| Fund family | Federated |
Asset allocation
| Cash | 15.90% | |
| Stocks | 0.00% | |
| Bonds | 75.44% | |
| Preferred | 6.63% | |
| Other | 2.03% |
Purchase information
| Initial | US$500,000 | |
| Additional | US$0 | |
| AIP Initial | US$500,000 | |
| AIP Additional | US$50 |
1.000.00(0.00%)
Jun 18, 4:00PM EDT
Description
The investment seeks to provide current income exempt from all federal regular income tax consistent with stability of principal. The fund invests primarily in a portfolio of short-term, high-quality, tax-exempt securities. It will invest its assets so that, normally, distributions of annual interest income are exempt from federal regular income tax. Interest from the fund's investments may be subject to the federal alternative minimum tax for individuals and corporations (AMT). The fund invests in a portfolio of securities maturing in 397 days or less.
Fund filings (PDF) »
Fund filings (PDF) »
Asset manager:
Management Team (Started: Sep 30, 2006)
Management Team (Started: Sep 30, 2006)
not available
Risk
| 1 year | 3 years | 5 years | 10 years | ||
| Alpha* | - | - | - | - | |
| Beta* | - | - | - | - | |
| Mean annual return | 0.00 | 0.01 | 0.03 | 0.11 | |
| R-squared* | - | - | - | - | |
| Standard deviation | 0.00 | 0.02 | 0.21 | 0.37 | |
| Sharpe ratio | -12.58 | -1.44 | 1.22 | -1.49 | |
| * Against standard index | |||||
Top 10 holdings
| Security | Net Assets | |
| Nuveen Divid Advantage Mun Fd 2 | 2.96% | |
| Nuveen Insd Prem Income Mun Fd Pfd 144A | 2.77% | |
| California St Rans 2.5% | 2.45% | |
| Eagle-Tax Exempt Tr Ctfs 2.24% | 1.87% | |
| J P Morgan Chase Putters / Dri Ctfs | 1.70% | |
| Texas St G O Colle | 1.69% | |
| New Jersey St Trans 2.5% | 1.63% | |
| Brazos River Auth | 1.30% | |
| Connecticut St Hsg Fin Auth | 1.25% | |
| J P Morgan Chase Putters / Dri Ctfs | 1.22% |