Federated Money Market Management (IS) MMPXX

Share Classes Product Type Asset Class Category
Mutual Fund Money Market Money Market Taxable
As of 02-28-2015


  • Pursues current income consistent with stability of principal.
  • Invests exclusively in first-tier securities rated in the highest short-term category or of comparable quality, issued by banks, corporations, and the U.S. government.
  • Holds AAAm rating from Standard & Poor's.
  • 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 conservative maturity range.
  • Established in 1974, it is one of the oldest money market funds in the industry.

Key Investment Team


Symbol   MMPXX
Fund Number(s)   58
Newspaper Listing   FedMonMgmtIS
CUSIP   608919775
Performance Inception Date   08-11-2004
Fund Cutoff   Purchases: 5:00 p.m.
Redemptions: 5:00 p.m.
Credit Rating   AAAm Standard & Poor's


Effective July 18, 2014, Federated Prime Management Obligations Fund was reorganized into the fund. As a result of the reorganization, Federated Prime Management Obligations Fund became the accounting survivor, and Money Market Management became the legal entity survivor. Accordingly, the performance information prior to July 18, 2014, is historical information of Federated Prime Management Obligations Fund.

Federated Money Market Management Fund was established in 1974. It is one of the oldest money market funds in the investment industry. The Fund was among the first to use the amortized cost method of accounting to maintain a stable net asset value. It remains one of the longest continuously operated money market funds.

Money market ratings are an assessment of the safety of invested principal and the ability to maintain a stable market value of the fund's shares. Ratings are based on an evaluation of several factors, including credit quality, diversification and maturity of assets in the portfolio, as well as management strength and operational capabilities. Ratings are subject to change and do not remove market risk.

A money market fund rated AAAm by Standard & Poor's is granted after evaluating a number of factors, including credit quality, market price, exposure and management. Money market funds rated Aaa by Moody's are judged to be of an investment quality similar to Aaa-rated fixed income obligations, that is, they are judged to be of the best quality. For more information on credit ratings, visit standardandpoors.com and moodys.com.

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.

This fund is on the National Association of Insurance Commissioner's list as a Class 1 listing. This designation denotes that the fund meets certain quality and pricing guidelines such as: a rating of A or better by a Nationally Recognized Statistical Rating Organization (NRSRO), maintain a constant NAV $1.00 at all times, allow a maximum 7 day redemption of proceeds, invest 95% in US government securities or securities rated in the highest short-term rating category by an NRSRO, or unrated securities determined by the fund's board to be of comparable quality or other registered money market funds or collateralized repurchase agreements with the remaining 5% in Second Tier securities from Rule 2a-7. This is subject to an annual review.

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.

For additional information, including definitions of related terms and indexes, see the Financial Glossary and Benchmark Index Glossary.

Federated Securities Corp., Distributor
Not FDIC Insured May Lose Value No Bank Guarantee
Copyright © 2015 Federated Investors, Inc.

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