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 07-31-2016

Highlights

  • Invests 100% in 'weekly liquid assets' as defined by Rule 2a-7 by investing in short-term, high quality, tax-exempt securities which mature 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.

Key Investment Team

Facts

Symbol   FTFXX
Fund Number(s)   73
Newspaper Listing   FedTxFc
CUSIP   60934N666
Performance Inception Date   03-12-1979
Fund Cutoff   Purchases: 3:00 p.m.
Redemptions: 12:00 p.m.
Credit Rating   AAAm S&P

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