Federated Institutional Prime 60 Day Fund (IS) FIIXX

Share Classes Product Type Asset Class Category
Mutual Fund Money Market Money Market Taxable
As of 07-31-2016

Highlights

  • Pursues current income consistent with stability of principal.
  • Invests 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 that mature in 60 days or less.
  • Focuses on first-tier securities rated in the highest category or 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.

Facts

Symbol   FIIXX
Fund Number(s)   126
Newspaper Listing   FedInstPrIS
CUSIP   608919452
Performance Inception Date   08-01-2016
Fund Cutoff   Purchases: 3:00 p.m.
Redemptions: 3:00 p.m.