Posted 1/13/2023 09:25 (#10037761 - in reply to #10037645) Subject: RE: Opinions on Federated Money Market fund (PCOXX)
n. Illinois
its your classic money Market Fund, It invests in only very short term liquid assets and it keeps the share price at 1.00 trying to mimic a banks checking account. It compares very favorably to its peers in that it historically has been very safe. But all Money Market Accounts do not carry and FDIC insurance so its possible to suffer a capital loss but its very unlikely.
Opinions on Federated Money Market fund (PCOXX)
