NOTICE: 2019 Estimated Capital Gains Available. View PDF here.

Fund Goal

Designed to serve as a holding place for future investment dollars, an emergency cash reserve or a readily available source of funds, the U.S. Treasury Fund seeks to safeguard your investment principal by concentrating on safety and liquidity first, with a strong secondary emphasis on generating a competitive yield.

We seek current income with liquidity and stability of principal by investing exclusively in short-term obligations backed by the full faith and credit of the U.S. government, some or all of which may be subject to repurchase agreements.

Process

Money Market funds are generally low-risk investments that seek stable returns over time, i.e., they value liquidity. We invest in top-rated investments that we believe offer minimal downside and maximum returns for you.

Our Money Market fund-building process is analytical and straightforward. Within the cash-equivalents market, our risk-management efforts focus on your need for safety, liquidity and competitive yields by investing in high-quality, short-term debt instruments.

Focused intently on risk-management and capital preservation, our Money Market managers are dedicated to ensuring your money’s steady growth and safety.

How We Make Money Market Funds Work For You:

Safety And Liquidity Assessment

We seek top-rated investments in attractive sectors and prioritize liquidity.

Determine Maturity Structure

We seek a balance of yield and maturity to strive for low-risk investments while earning attractive returns.

Maintenance

We seek to maximize returns while maintaining capital. If the yield and risk are not worthwhile, we will change our approach.

Note: An investment in a money market fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Although the Fund seeks to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in the Fund. 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 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.

Market Concerns

An investment in a money market fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Although the Fund seeks to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in the Fund. 

You could lose money by investing in the Fund. Because the share price of the Fund will fluctuate, when you sell your shares they may be worth more or less than what you originally paid for them. The Fund may impose a fee upon sale of your shares or may temporarily suspend your ability to sell shares if the Fund's liquidity falls below required minimums because of market conditions or other factors. 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.

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Lipper Rankings

Category: Lipper U.S. Treasury Money Market Funds (As of 09/30/2019)

RankPercentile
1 year37/5172
3 year34/4870
5 year29/4170
10 year25/3766
Rankings are for Administrative Class and are based on average annual total returns, but do not consider sales charges.The Lipper Mutual Funds Average is an equally weighted average of the mutual funds within their respective Lipper classification, adjusted for reinvestment of capital gains distributions and income dividends. Lipper does not guarantee the accuracy of this information. More information is available at www.lipperweb.com. Thomson Reuters Copyright 2019, all rights reserved.Past performance is no guarantee of future results.

Fund Information as of 11/30/19

AdministrativeInstitutionalServiceSelect
Net Asset Value$1.00$1.00$1.00$1.00
SymbolAPGXXAPKXXAPJXXAPNXX
CUSIP14956P80214956P70314956P88514956P877
Inception09/05/9009/05/9009/05/9012/26/17
Gross Expense Ratio0.67%0.42%0.67%0.42%
Net Expense Ratio0.67%0.25%0.37%0.17%
RatingsAAAm by S&P; Aaa by Moody’s NAIC ApprovedAAAm by S&P; Aaa by Moody’s NAIC ApprovedAAAm by S&P; Aaa by Moody’s NAIC Approved

Fund Statistics as of 9/30/19

Total Net Assets$1,086,879,884
Weighted Average Maturity (bonds)10 days

Contractual fee waivers are in effect from December 26, 2018 through December 31, 2019.

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