Performance
Trailing returns
| 1 day | +0.00% | ||||
| 1 week | +0.00% | ||||
| 4 week | +0.00% | ||||
| 3 month | +0.00% | ||||
| YTD | +0.00% | ||||
| 1 year | +0.00% | ||||
| 3 years* | +0.00% | ||||
| 5 years* | +0.34% |
| |||
| *annualized | |||||
| Best 3 month return | +1.02% | |
| Worst 3 month return | 0.00% |
Morningstar statistics
Morningstar category: Money Market- Tax-Free
Key statistics
| Total assets | 81.96M | |
| Front load | - | |
| Deferred load | - | |
| Expense ratio | 0.50% | |
| Management fee | - | |
| Fund family | Federated |
Asset allocation
| Cash | 16.33% | |
| Stocks | 0.00% | |
| Bonds | 83.67% | |
| Other | 0.00% |
Purchase information
| Initial | $25,000 | |
| Additional | $0 | |
| AIP Initial | $25,000 |
1.000.00(0.00%)
May 21, 4:00PM EDT
Description
The investment seeks to provide dividend income exempt from federal regular income taxes while seeking relative stability of principal. The fund invests primarily in a portfolio of short-term, high-quality, tax-exempt securities. It invests its assets so that, distributions of annual interest income are exempt from federal regular income tax. The fund invests its assets so that at least 80% of the income that it distributes will be exempt from federal regular income tax.
Fund filings (PDF) »
Fund filings (PDF) »
Asset manager:
Management Team (Started: Feb 28, 2007)
Management Team (Started: Feb 28, 2007)
not available
Risk
| 1 year | 3 years | 5 years | 10 years | ||
| Alpha* | - | - | - | - | |
| Beta* | - | - | - | - | |
| Mean annual return | 0.00 | 0.00 | 0.03 | 0.10 | |
| R-squared* | - | - | - | - | |
| Standard deviation | 0.00 | 0.00 | 0.22 | 0.36 | |
| Sharpe ratio | -21.90 | -6.79 | 0.70 | -1.92 | |
| * Against standard index | |||||
Top 10 holdings
| Security | Net Assets | |
| Met Govt Nashville & Davidson Adj Rate | 5.53% | |
| Michigan Higher Ed Facs Auth | 4.58% | |
| Port Arthur Tex Nav Dist | 4.54% | |
| Wisconsin St Health & Edl Facs Var Rev B | 4.54% | |
| Freeport Ill Rev Var-Ser A | 4.31% | |
| Mobile Cnty Ala Indl Dev Auth | 4.09% | |
| Daphne-Villa Mercy Ala Spl Car Rev Bds | 3.75% | |
| Wayne Cnty Mich Arpt Auth | 3.75% | |
| Grand Rapids Mich Econ Dev Var Ltd O | 3.68% | |
| Indiana St Fin Auth | 3.61% |