The investment seeks to provide current income consistent with stability of principal and liquidity.
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. The fund's Adviser actively manages the fund's portfolio, seeking to limit the credit risk taken by the fund and to select investments with enhanced yields.
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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