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* | +0.02% |
| |||
| 5 years* | +0.20% |
| |||
| *annualized | |||||
| Best 3 month return | +0.70% | |
| Worst 3 month return | 0.00% |
Morningstar statistics
Morningstar category: Money Market- Tax-Free
Key statistics
| Total assets | 259.13M | |
| Front load | - | |
| Deferred load | - | |
| Expense ratio | 1.02% | |
| Management fee | - | |
| Fund family | Federated |
Asset allocation
| Cash | 29.46% | |
| Stocks | 0.00% | |
| Bonds | 70.54% | |
| Other | 0.00% |
Purchase information
| Initial | $1,000 | |
| Additional | $0 | |
| AIP Initial | $1,000 | |
| AIP Additional | $50 |
1.000.00(0.00%)
May 17, 4:00PM EDT
Description
The investment seeks to provide current income exempt from federal regular income tax and New Jersey state income tax imposed upon non-corporate taxpayers consistent with stability of principal. The fund invests primarily in a portfolio of short-term, high-quality Minnesota tax-exempt securities. It invests its assets so that, normally, distributions of annual interest income are exempt from federal regular income tax and Minnesota regular personal income tax. The fund normally invests its assets so that at least 80% of the income that it distributes is exempt from federal regular income tax and Minnesota regular personal 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 | 0.02 | - | |
| R-squared* | - | - | - | - | |
| Standard deviation | 0.00 | 0.02 | 0.15 | - | |
| Sharpe ratio | -19.50 | -2.95 | -0.40 | - | |
| * Against standard index | |||||
Top 10 holdings
| Security | Net Assets | |
| Clipper Tax-Exempt Ctf Tr Ctfs 3.97% | 14.68% | |
| New Jersey Health Care Facs Fi Var Rate | 5.77% | |
| Nuveen N J Invt Quality Mun Fd | 5.41% | |
| Rbc Mun Prods Inc Tr Var Sts Ctfs | 5.41% | |
| Rbc Mun Prods Inc Tr Var Sts Ctfs | 5.04% | |
| Camden Cnty N J Impt Auth | 4.29% | |
| Port Auth | 3.97% | |
| Deutsche Bk Spears/Lifers Tr V Spears-Db | 3.09% | |
| New Jersey Econ Dev Auth | 2.56% | |
| New Jersey Econ Dev Auth 3.2% | 2.43% |