The investment seeks a high level of current income consistent with the preservation of capital and liquidity.
The fund normally invests in high-quality, short-term money market instruments. Under normal circumstances, at least 80% of the fund's assets will be invested in U.S. Treasury obligations, in repurchase agreements with regard to U.S. Treasury obligations and in other money market funds. It is a "feeder" fund that invests all of its investable assets in Treasury Master Portfolio of MIP, which has the same investment objective and strategies as the fund.
Links:  http://www.globalfunddata.com/funds/new/performance/management?variant=BlackRock
 http://www.globalfunddata.com/funds/new/performance/domicile?variant=United States
 http://www.globalfunddata.com/funds/new/performance/fund_administrator?variant=BlackRock Advisors LLC
 http://www.globalfunddata.com/funds/new/performance/strategy?variant=Money Market-Tax-Free
 http://www.globalfunddata.com/funds/new/performance/structure?variant=Open Ended Investment Company
 http://www.globalfunddata.com/funds/new/performance/city?variant=Providence___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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