Pursues current income consistent with stability of principal and liquidity.
Invests primarily in short-term, high-quality, fixed-income securities issued by banks, corporations and the U.S. government, rated in one of the two highest short-term categories or of comparable quality.
Offers the potential for higher yield than a money market fund portfolio limited to Treasury or government fixed-income securities.
Seeks to avoid excessive yield volatility and unnecessary NAV risk through a conservative maturity range.
The value of some asset-backed securities may be particularly sensitive to changes in prevailing interest rates, and although the securities are generally supported by some form of government or private guarantee and/or insurance, there is no assurance that private guarantors or insurers will meet their obligations.
An investment in money market funds is neither insured nor guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Although money market funds seek to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in these funds.
The fund is a managed portfolio and its holdings are subject to change.
Current and future portfolio holdings are subject to risk.
Investors should carefully consider the fund's investment objectives, risks, charges and expenses before investing. To obtain a summary prospectus or prospectus containing this and other information, contact us or view the prospectus provided on this website. Please carefully read the summary prospectus or prospectus before investing.
"Category" product classifications noted at the top are Federated's internal classifications.