General Info
About: To provide current income exempt from federal income tax, including alternative minimum tax. It will invest at least 80% of its total assets in investment-grade tax-exempt securities. Up to 20% of its assets may be invested in tax-exempt securities of below investment grade quality (but not lower than B). It may use derivative contracts for risk management purposes, and also invest in inverse floaters of tender-option bonds.
Tags: Asset Management Financial Services
Website: http://www.federatedinvestors.com