Net asset value per share wil fluctuate. Soon Composed of municiple securities exempt from federal income tax. Seeks to obtain a current yield greater than that obtainable from the Tax Exempt Money Market Portfolios by actively maanging securities in the short to intermediate maturity ranges. Net asset value per share wil fluctuate. In addition, each Portfolio may invest in repurchase agreements and reverse repurchase agreements with member banks of the Federal Reserve System and primary dealers in U.S. Government Securities.
Past performance is no guarantee of future results.
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