The investment seeks to provide current income consistent with stability of principal.
The fund invests primarily in a portfolio of high-quality, dollar-denominated, fixed-income securities which: (1) are issued by banks, corporations and the U.S. government; and (2) mature in 397 days or less. It may also invest in government securities that are supported by the full faith and credit of the U.S. government. Finally, the fund may invest in a few government securities that have no explicit financial support, but which are regarded as having implied support because the federal government sponsors their activities.
Links:  http://www.globalfunddata.com/funds/new/performance/management?variant=Federated
 http://www.globalfunddata.com/funds/new/performance/domicile?variant=United States
 http://www.globalfunddata.com/funds/new/performance/fund_administrator?variant=Federated Administrative Services Inc
 http://www.globalfunddata.com/funds/new/performance/strategy?variant=Money Market-Taxable
 http://www.globalfunddata.com/funds/new/performance/structure?variant=Open Ended Investment Company
 http://www.globalfunddata.com/funds/new/performance/city?variant=Warrendale___United States
 http://www.globalfunddata.com/funds/new/performance/country?variant=United States
 http://www.globalfunddata.com/funds/new/performance/custodian?variant=State Street Bank & Trust Co
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