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Government Money Market Fund and Eaton Vance's primary portfolio manager and trader for money market and short duration portfolios.
The Working Capital Management Account for IOTA (WCMA) not only operates as a checking account, but also provides the earnings potential of a government money market fund, and will generate additional revenue for IOTA, according to a Merrill Lynch spokesman.
Treasuries, Federal Agency obligations, and other Government Money Market Funds.
The amendment also allows the use of government money market funds for IOTA funds; however, only money market funds that are registered with the Securities and Exchange Commission, and are comprised solely of United States government securities, are permitted for use in the IOTA program.
NEW YORK -- Fitch Ratings has affirmed the 'AAAmmf' rating assigned to Williams Capital Government Money Market Fund managed by Williams Capital Management, LLC.
Calamos Government Money Market Fund seeks maximum current income consistent with liquidity and stability of capital.
Eligible, institutions can meet the interest rate and dividend requirement through checking accounts, short-term government money market funds with checking account features, or by sweeping excess funds overnight into a REPO or short-term government money market fund, if such options are available to non-IOTA account customers.
Government Money Market Fund," said Doug Herring, President of American Beacon Advisors.