Money Market Fund

Seeks Capital Preservation and Daily Liquidity
NAV As of 06/19/19 $1.00

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Fund Facts

Details Yields Morningstar (As of 05/31/19)
02/14/95 Inception Date
$910.84M Total Net Assets (As of 05/31/19)
GROSS 0.69%
NET 0.69%
Annual Expense Ratio
(As of fiscal year end 06/30/18)
2.07% Distribution Yield at NAV
(As of 05/31/19)
7 Day Yield (As of 06/19/19)
With Waivers 1.84%
Without Waivers 1.84%
Monthly Distribution Frequency
$1.00 Transaction NAV
(Amortized Cost As of 06/19/19)
$1.0000 Mark-to-Market NAV
(As of 06/19/19)
17.81% Daily Liquid Assets
(As of 06/18/19)
49.21% Weekly Liquid Assets
(As of 06/18/19)
$601,022.58 Daily Net Flows
(As of 06/18/19)
Money Market - Taxable
Important Morningstar Information
The Mark-to-Market NAV does not reflect the price at which an investor may transact shares of the Fund.  This is not an offer to purchase or sell shares of the Fund at the Mark-to-Market NAV.


Client Commitment

The Fund focuses on capital preservation and daily liquidity by investing in high-quality, short-term money market instruments that we believe present minimal credit risks.

Why Invest in the Fund

    Seeks Capital Preservation

  1. By investing in high-quality, short-term money market instruments, we believe we can provide capital preservation consistent with the Fund’s objectives.
  2. Daily Liquidity

  3. The Fund seeks to provide easy access to assets while still providing current income.
  4. Conservative Option

  5. This Fund may be an option for investors looking for a conservative way to invest cash.



(As of 03/31/2019)
(As of 05/31/2019)
Inception: Feb 14, 1995 3M YTD 1YR 3YR 5YR 10YR Since Inception
Money Market Fund – T Shares 0.47% 0.47% 1.63% 0.74% 0.44% 0.22% 2.24%
Inception: Feb 14, 1995 3M YTD 1YR 3YR 5YR 10YR Since Inception
Money Market Fund – T Shares 0.50% 0.80% 1.76% 0.85% 0.51% 0.26% 2.24%
Returns quoted are past performance and do not guarantee future results; current performance may be lower or higher.
View Fees and Expenses



(As of Fiscal Year End, 06/30/18)

Management Fees 0.20%
12b-1 Fees -
Other Expenses 0.49%
Total Gross Expenses 0.69%
Waivers -
Total Net Expenses 0.69%
There is a voluntarily agreed waiver of one-half of the investment advisory fee and such additional fees to the extent necessary to assist the Fund in attempting to maintain a yield of at least 0.00%. Such reimbursements could be changed or terminated at any time.



(As of 05/31/2019)

% of Fund
Goldman Sachs & Co., 2.4600%, 6/3/19 10.98
HSBC Securities (USA), Inc. Joint Repurchase Agreement, 2.4900%, 6/3/19 8.91
Manhattan Asset Funding Co. LLC, 2.4834%, 6/4/19 4.83
SSAB AB, 2.4600%, 6/7/19 3.29
Skandinaviska Enskilda Banken AB, 2.5151%, 6/10/19 3.29
Bank of Montreal/Chicago IL, 2.5500%, 7/8/19 2.74
BNP Paribas Finance, Inc., 2.5962%, 6/3/19 2.74
HSBC Securities (USA), Inc., 2.6491%, 6/3/19 2.74
Sumitomo Mitsui Banking Corp/New York, 2.4300%, 6/14/19 2.74
Toronto-Dominion Bank/The, 2.4500%, 8/22/19 2.74


(As of 05/31/19)

Asset Backed Commercial Paper 19.63
Certificate of Deposit 16.08
Financial Company Commercial Paper 24.67
U.S. Government Agency Debt 0.88
U.S. Government Agency Repurchase Agreement 19.89
Variable Rate Demand Note 18.94
Liabilities, net of Cash, Receivables and Other Assets -0.10

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