National Tax-Exempt Money Market Fund

(redirected from Tax Free Money Market Fund)

National Tax-Exempt Money Market Fund

A mutual fund that invests predominantly or exclusively in municipal bonds with maturities of less than one year. Tax-exempt money market funds are intended to provide a return at little risk (compared to other investments) that is nonetheless better than the risk-free rate of return. Because it invests in municipal bonds, dividends from the fund are tax-free at the federal level (though they may be subject to state tax unless all bonds in the fund are issued in the state where the holder resides).
References in periodicals archive ?
The American Performance Institutional Tax Free Money Market Fund, a new money market fund advised by BOk Investment Advisers, Inc.
The Wells Fargo Advantage National Tax Free Money Market Fund seeks current income exempt from federal income tax, while preserving capital and liquidity.
In addition, we look forward to expanding the range of offerings provided by the BNY Hamilton Funds by introducing a New York tax free money market fund.
These two funds are: 1) Warburg Pincus WorldPerks Money Market Fund, and 2) Warburg Pincus WorldPerks Tax Free Money Market Fund.
The four Pioneer funds applying to participate in the program are Pioneer Cash Reserves Fund, Pioneer Institutional Money Market Fund, Pioneer Tax Free Money Market Fund, and Pioneer Money Market VCT Portfolio.
Government Fund, High Grade Tax Free Fund, Fixed Income Fund, Money Market Fund, Tax Free Money Market Fund, Treasury Money Market Fund, and state-specific municipal bond funds in Florida, Georgia, North Carolina, South Carolina and Virginia.
The other four new offerings comprise Pioneer Tax Free Money Market Fund, Pioneer Growth Opportunities VCT Portfolio, Pioneer Small Cap Value II VCT Portfolio, and Pioneer Bond VCT Portfolio.
Government Fund, Insured Tax Free Fund, Fixed Income Fund, Money Market Fund, Tax Free Money Market Fund and the Treasury Money Market Fund.
JPMorgan Fleming Asset Management announced today that the institutional shares of the JPMorgan Tax Free Money Market Fund (JTFXX) has been awarded the top place among all triple-A rated tax-free money market funds for 2002 according iMoneyNet's annual Rated Money Fund Report (TM) Awards.
Government Fund, Insured Tax Free Fund, Fixed Income Fund, Money Market Fund, Tax Free Money Market Fund, the Treasury Money Market Fund and the recently introduced South Carolina Municipal Bond Fund.
Government Fund, Insured Tax Free Fund, Fixed Income Fund, Money Market Fund, Tax Free Money Market Fund, Treasury Money Market Fund, and state-specific municipal bond funds in Florida, Georgia, North Carolina and Virginia.
Government Money Market Fund, Vista Tax Free Money Market Fund and Vista Global Money Market Fund.