Federated Prime Management Obligations Fund (CAP) PICXX
- Pursues current income consistent with stability of principal.
- Invests primarily in short-term, high-quality, fixed-income securities issued by banks, corporations and the U.S. government, rated in the highest short-term category or of comparable quality.
- Gives investors more time to complete daily cash processing and initiate late-day deposit transactions through 5 p.m. EST cut-off time for purchases and redemptions.
Key Investment Team
|Performance Inception Date||01-18-2005|
Purchases: 5:00 p.m.
Redemptions: 5:00 p.m.