Federated Money Market Management (IS) MMPXX

Share Classes Product Type Asset Class Category
Mutual Fund Money Market Money Market Taxable
As of 04-30-2015

Highlights

  • 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

Facts

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