Federated Institutional Tax-Free Cash Trust (PRM) FTFXX

Share Classes Product Type Asset Class Category
Mutual Fund Money Market Municipal/Tax Free ; Institutional
As of 10-31-2016

Highlights

  • Invests in high quality, tax-exempt securities maturing in 7 days or less.
  • Pursues dividend income exempt from federal regular income tax, consistent with stability of principal.
  • Holds AAAm rating from Standard & Poor's.
  • Offers tax-sensitive investors the potential for attractive taxable-equivalent yields compared to taxable money market funds.
  • Normally invests in securities whose interest is not subject to AMT.
  • Offers a single strike time with T+0 and T+1 settlement.

Key Investment Team

Facts

Symbol   FTFXX
Fund Number(s)   73
Newspaper Listing   FedTxFc
CUSIP   60934N666
Performance Inception Date   03-12-1979
Fund Cutoff  

Purchases: 1:00 p.m.
Redemptions: 1:00 p.m.

Strike Times   01:00 p.m. ET allows for T+0, T+1
Credit Rating  

AAAm S&P


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