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Dictionary

AM - USMMF - Municipal Tax Exempt

From the Collaborative Bond and Money Market Data Portal

 

The AM – USMMF – Municipal Tax Exempt, or US Municipal Tax Exempt Money Market Fund Industry Sector consists of a US domestic market fund that primarily invests in US short-terms municipal securities, which are exempt of income tax, to grow the client’s portfolio.

The Industry Sector is a classification that describes the activity of an entity within the economy. The classification is based on where the relevant entity derives the majority of its revenue.

In the Collaborative Bond and Money Market Data Model the US Municipal Tax Exempt Money Market Fund Sector appears within the Industry Sector Type: Fund.

CMDportal uses industry sector classifications both at the Legal Entity level, as well as at the Group level. At the Legal Entity level the entity is classified by their actual industry activity. Accordingly, we classify a Fund that is part of a Bank as for example a “AM- USMMF – Municipal Tax Exempt” at the entity level but at the group level as “Bank.”

Based on available data, on the 18th of April US Municipal Tax Exempt Money Market Funds had USD11bn under management.

For information on the size of the International US Municipal Tax Exempt Money Market Fund Bond Market, please use CMDportal's data sheet tool.
For information on the composition of the US Municipal Tax Exempt Money Market Fund Bond Market, please use CMDportal's issuer search tool.
For information on active dealers in the US Municipal Tax Exempt Money Market Fund Bond Market, please use CMDportal's dealer search tool.
For information on active investors in the US Municipal Tax Exempt Money Market Fund Bond Market, please use CMDportal's investor search tool.