The investment seeks current income consistent with the preservation of capital and the maintenance of liquidity. The fund invests principally in short-term money market obligations with maturities of 397 days or less, including bank certificates of deposit, time deposits, bankers' acceptances, high quality commercial paper, loan participation interests, securities issued or guaranteed by the United States Government, state agencies or instrumentalities, and repurchase agreements calling for resale in 397 days or less backed by the foregoing securities. It maintains an investment portfolio with a dollar-weighted average maturity of 60 days or less.
Fund filings (PDF) »

Asset manager:
Management Team (Started: Nov 30, 2010)

Advisor Company:
Reich & Tang Asset Management LLC
Fund family reports on Morningstar »

	1 year	3 years	5 years	10 years
Alpha*	-	-	-	-
Beta*	-	-	-	-
Mean annual return	0.01	-	-	-
R-squared*	-	-	-	-
Standard deviation	0.02	-	-	-
Sharpe ratio	4.09	-	-	-
* Against standard index

Risk measurement details »

Security	Net Assets
Bny Mellon Capital Markets, Llc, Dated 06/29/12, Repurchase Proceeds At Mat	24.68%
Merrill Lynch, Pierce, Fenner & Smith Inc., Dated 12/31/12, Repurchase Proc	12.27%
Canadian Imperial Bank Of Commerce 0.46%	6.85%
Norinchukin Bank 0.4%	6.85%
National Australia Bank Ltd. 0.32%	6.85%
Societe Generale S.A. 0.45%	6.85%
Westpac Banking Corp. 0.33%	5.48%
Bank Of Nova Scotia 0.31%	5.48%
Toronto Dominion Bank 0.33%	5.48%
Credit Agricole S.A. 0.2%	4.80%

Holdings Performance »