Federated Michigan Municipal Cash Trust (IS) MINXX
- Pursues current income exempt from federal regular income tax and Michigan state personal income tax, consistent with stability of principal and liquidity.
- Invests in short-term, high-quality, Michigan tax-exempt securities.
- Offers Michigan residents the potential for attractive taxable-equivalent yields compared to taxable money market funds and direct securities.
Key Investment Team
|Performance Inception Date||03-04-1996|
Purchases: 1:00 p.m.
Redemptions: 12:00 p.m.