Fund Description

The fund invests at least 80% of its assets in U.S. dollar-denominated money market and high-quality investment-grade debt securities, including repurchase agreements, and may engage in reverse repurchase agreements. It is managed to maintain similar overall interest rate risk to the Bloomberg U.S. 3-6 Month Treasury Bill Index, with a typical dollar-weighted average maturity of one year or less, and securities generally limited to a maximum maturity of four years. The fund allocates assets across various market sectors and maturities, with over 25% of total assets invested in the financial services industry, and invests in both domestic and foreign issuers while analyzing credit quality and specific security features.