Coming This December: New Website, New Login MENU © 2021 RE Investment Corporation, Distributor. All rights reserved. Daily Income Fund Money Market Fund OVERVIEW PERFORMANCE & PRICES COMPOSITION DISTRIBUTIONS DOCUMENTS Investment Objective and Strategy Is This Fund a Good Choice for Me? The Daily Income Fund may be appropriate if you plan to withdraw your money in the near term and want to earn a modest stream of interest on your savings. Investment Objective and Strategy The fund seeks maximum current income, consistent with preservation of capital and liquidity, by investing in high-quality money market securities. These investments include: debt securities backed by the full faith and credit of the United States (e.g., U.S. Treasury bills) or by the credit of a federal agency or government-sponsored entity (e.g., Fannie Mae and Freddie Mac mortgage-backed bonds). The U.S. government securities in which the fund invests may also include variable and floating rate instruments. Fund Profile Inception November 19, 1990 Asset Allocation Money Market Ticker Symbol HDIXX CUSIP Number 437769102 Industry Classifications Morningstar Category: Money Market — Taxable Lipper Classification: U.S. Government Money Market Costs Fee Structure No Load Expense Ratio 0.78% (Net 0.37%) (12/31/2020) Median Expense Ratio for Peer Group 0.35% (12/31/2020) Transaction Fees NONE Compare our costs Read More The expense ratio shows the percentage of fund assets deducted annually to cover operating costs. Fund expense ratios shown here do not include acquired fund fees and expenses. If applicable, these additional costs are disclosed in the prospectus. For some funds, the investment advisor has agreed voluntarily or contractually (for at least the current fiscal year) to waive or reimburse a portion of expenses. The net expense ratio is the expense ratio minus the portion of expenses waived or reimbursed. Please see the current prospectus for additional details. Portfolio Management Invesco Advisers, Inc. Invesco Advisers, Inc. is not affiliated with Homestead Funds, RE Advisers Corporation, RE Investment Corporation or NRECA. As a money market fund, the Daily Income Fund has limited potential for income production. You could lose money by investing in the fund. Although the fund seeks to preserve the value of your investment at $1.00 per share, it cannot guarantee it will do so. An investment in the Fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The Fund’s sponsor has no legal obligation to provide financial support to the Fund, and you should not expect that the sponsor will provide financial support to the Fund at any time. Debt securities are subject to interest rate risk, credit risk, income risk, issuer risk and market risk. The value of U.S. Government securities can decrease due to changes in interest rates or changes to the financial condition or credit rating of the U.S. Government. Our Funds Daily Income Fund Short-Term Government Securities Fund Short-Term Bond Fund Intermediate Bond Fund Rural America Growth & Income Fund Stock Index Fund Value Fund Growth Fund International Equity Fund Small-Company Stock Fund LET'S GET STARTED Once you're ready, start here. The sooner you begin investing, the more time you have to reach your goal. OPEN AN ACCOUNT KEEP IN TOUCH Stay on top of your money with financial planning tips and market commentary from Homestead Funds. EMAIL SIGNUP QUESTIONS? Ask us. We're happy to help! CONTACT US QUICK LINKS Investors: Resources and Forms Cooperatives: Resources and Forms Performance and Prices FINRA Broker Check OUR 10 FUNDS Daily Income Fund Short-Term Government Securities Fund Short-Term Bond Fund Intermediate Bond Fund Rural America Growth & Income Fund Stock Index Fund Value Fund Growth Fund International Equity Fund Small-Company Stock Fund Investing in mutual funds involves risk, including the possible loss of principal. Past performance does not guarantee future results. Investors should carefully consider fund objectives, risks, charges and expenses before investing. The prospectus contains this and other information about the funds and should be read carefully before investing. To obtain a prospectus, call 800.258.3030 or download a PDF of it now. As a money market fund, the Daily Income Fund has limited potential for income production. You could lose money by investing in the fund. Although the fund seeks to preserve the value of your investment at $1.00 per share, it cannot guarantee it will do so. An investment in the fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The fund’s sponsor has no legal obligation to provide financial support to the fund, and you should not expect that the sponsor will provide financial support to the fund at any time. Homestead Funds' investment advisor and/or administrator, RE Advisers Corporation, and distributor, RE Investment Corporation, are indirect, wholly owned subsidiaries of NRECA. Privacy Policies Code of Ethics Proxy Voting Legal Information Browser Support © 2021 RE Investment Corporation, Distributor. All rights reserved. | Relationship Summary