Federated Prime Cash Series CTPXX
- 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 conservative maturity range.
Key Investment Team
|Performance Inception Date||08-15-1989|
|Fund Cutoff|| Purchases: 3:00 p.m. |
Redemptions: 3:00 p.m.