The market value of all securities owned by a mutual fund, minus its total liabilities, divided by the number of shares issued.
Current Fund Performance
| Cumulative Returns | Annualized Returns | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Date | Net Assets($MM) | 1-Month | 3-Month | YTD | 1-Year | 3-Year | 5-Year | 10-Year | Inception (02/07/2007) |
| Month End04/30/2013 | $76.94 | 0.00% | 0.00% | 0.00% | 0.00% | 0.03% | 0.39% | - | 0.96% |
| Quarter End03/31/2013 | $74.00 | 0.00% | 0.00% | 0.00% | 0.00% | 0.04% | 0.43% | - | 0.97% |
Performance quoted represents past performance, which is no guarantee of future results. Investment return and principal value will fluctuate, so you may have a gain or loss when shares are sold. Current performance may be higher or lower than that quoted.
Performance Graphs
Historical Fund Performance
Current Yield
| Subsidized Yields† | Unsubsidized Yields | |||||||
|---|---|---|---|---|---|---|---|---|
| Date | Net Assets($MM) | Daily Factors | 1-Day | 7-Day | 30-Day | 1-Day | 7-Day | 30-Day |
| 05/20/2013 | $77.82 | 0.000000000 | 0.00% | 0.00% | 0.00% | -0.08% | -0.01% | 0.00% |
Yield quotations more closely reflect the current earnings of money market funds than the total return quotations.
Historical Yield
Performance quoted represents past performance, which is no guarantee of future results. Investment return and principal value will fluctuate, so you may have a gain or loss when shares are sold. Current performance may be higher or lower than that quoted.
Average Annual Total Returns reflect the reinvestment of dividends, capital gains distributions all fee waivers and expense reimbursements.
Holdings subject to change
Unless otherwise noted all information contained herein is that of the Institutional Tax Free Money Market Fund - Institutional Class.
1The Adviser has contractually agreed to cap the Tax Free Fund’s Total Annual Fund Operating Expenses (excluding taxes, interest and extraordinary expenses) attributable to the Institutional Class to the extent that expenses exceed 0.17% of Institutional Class net assets, through April 30, 2013.
†The subsidized yield reflects the yield calculation with expense limitation currently in effect. Without the limitation returns would have been lower.
Income received from the Tax Free Money Market Fund may be subject to alternative minimum tax or state and local taxes.
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