Tax-Free Money Market Fund (SS) TFSXX
| Share Classes | Product Type | Asset Class | Category |
|---|---|---|---|
| IV | Mutual Fund | Money Market | Money Market Tax-Free |
An investment in money market funds is neither insured nor guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Although money market funds seek to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in these funds.
Current and future portfolio holdings are subject to risk.
1 Portfolio holdings for money market funds are available on the 5th business day of the month. Portfolio holdings for equity and fixed-income funds are available the 30th of the month following calendar quarter end. If the 30th falls on a weekend or holiday, the portfolios will be available on the next business day.
The fund is a managed portfolio and its holdings are subject to change. Holdings percentages are based on net assets at the close of business on the date above, and may not necessarily reflect adjustments that are routinely made when presenting net assets for formal financial statement purposes.
Income may be subject to the federal alternative minimum tax and state and local taxes.
Investors should carefully consider the fund's investment objectives, risks, charges and expenses before investing. To obtain a summary prospectus or prospectus containing this and other information, contact us or view the prospectus provided on this website. Please carefully read the summary prospectus or prospectus before investing.
Short-term ratings are opinions of the ability of issuers to honor short-term financial obligations. Ratings may be assigned to issuers, short-term programs or to individual short-term debt instruments. Such obligations generally have an original maturity not exceeding thirteen months, unless explicitly noted. First Tier securities are those rated in the highest short-term rating category by one or more Nationally Recognized Statistical Rating Organizations (NRSROs), such as Standard & Poor’s, Moody’s and Fitch or deemed by the Adviser to be of comparable quality to securities having such ratings.
Securities are considered to be “first tier” as follows: Standard & Poor’s: A-1+ and A-1, based on the obligor’s capacity to meet its financial commitment on the obligation; Moody’s: P-1, based on the issuer’s ability to repay short-term obligations; Fitch: F-1+ and F-1, based on the issuer’s liquidity necessary to meet financial commitments in a timely manner. Similarly, securities are considered to be “second tier” as follows: Standard & Poor’s: A-2; Moody’s: P-2 and Fitch: F-2.
Credit ratings do not provide assurance against default or other loss of money and can change.
For additional information, including definitions of related terms and indexes, see the Financial Glossary and Benchmark Index Glossary.
Federated Securities Corp., Distributor
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Copyright © 2013 Federated Investors, Inc.
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