Municipal Ultrashort Fund

Municipal Ultrashort Fund ISMutual FundsMuni National

Overview

AT A GLANCE
Portfolio
Assets
$2.5 Billion
YTD Return NAV
0.25%
Fixed Income
Structure slanted roof, round circl and five columns.
Gross
Expenses  †
0.44%
Net
Expenses  †
0.36%
STRATEGY

Seeks current income exempt from federal regular income tax.

KEY FACTS
Key Facts - Part 1
Symbol Municipal Ultrashort Fund IS
Benchmark 50% Bloomberg Barclays 1-Year United States Municipal Bond Index/50% iMoneyNet Tax-Free National Retail Index
Key Facts - Part 2
Fund Number(s)
253
CUSIP 31417P858
Performance Incp. Date
MORNINGSTAR CATEGORY & STYLE
Category
Municipal National Short
Style
Morningstar Style Box
      High
      Medium
      Low
Ltd Mod Ext  
INVESTMENT GOALS Income
Tax Aware
MANAGERS
Jeff Kozemchak, CFA
Senior Vice President
Senior Portfolio Manager

joined Federated
32 years of experience
Mary Jo Ochson, CFA
Senior Vice President
Chief Investment Officer
Head of the Tax-Free Money Market Investment Area
Senior Portfolio Manager

joined Federated
36 years of experience

Performance

Characteristics

Commentary

Documents

Distributions and Taxes