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  2. Federated Hermes - Wikipedia

    en.wikipedia.org/wiki/Federated_Hermes

    Federated completed an initial public offering on the NYSE on May 14, 1998. [6] In 1991, Federated established Federated International Management Limited, a wholly owned subsidiary in Dublin, Ireland, becoming the first U.S. company whose registered money market funds were approved for distribution to the European community. In 1998, Federated ...

  3. Money market fund - Wikipedia

    en.wikipedia.org/wiki/Money_market_fund

    A money market fund (also called a money market mutual fund) is an open-end mutual fund that invests in short-term debt securities such as US Treasury bills and commercial paper. [1] Money market funds are managed with the goal of maintaining a highly stable asset value through liquid investments, while paying income to investors in the form of ...

  4. What Is a Money Market Fund? - AOL

    www.aol.com/finance/money-market-fund-230935164.html

    A money market fund is a mutual fund. Meaning it is a pool of money from multiple investors. A money market account functions as a bank account. Similar to savings accounts, money market accounts ...

  5. Money market yields are high: Why that may not last — and ...

    www.aol.com/finance/money-market-yields-high-why...

    Investors can still earn yields above 5 percent from the best money market funds, but that may not last much longer. The Fed is expected to cut interest rates at its September meeting, as ...

  6. 6 best money market funds in March 2024 - AOL

    www.aol.com/finance/6-best-money-market-funds...

    Top money market funds. Vanguard Federal Money Market Fund (VMFXX) JPMorgan Prime Money Market Fund (VMVXX) Schwab Value Advantage Money Fund (SWVXX) Invesco Government Money Market Fund (INAXX ...

  7. Federal funds - Wikipedia

    en.wikipedia.org/wiki/Federal_funds

    Federal agencies also lend idle funds in the federal funds market. The Fed , which is the central bank of the United States, conducts monetary policy primarily by targeting a certain value for the federal funds rate.

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