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Investment of Public Funds Reporting As of March 31, 2016, CMS Portfolio For all State Accounts Held outside the State TreasuryAccount Composition: Cash in Bank Money Markets Mutual Funds122,049,495.56
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Money market mutual funds are a type of mutual fund that invests in high-quality, short-term debt securities like Treasury bills, certificates of deposit, and commercial paper.
Money market mutual funds are required to be filed by the financial institutions or companies that offer these funds to investors.
To fill out money market mutual funds, one must provide detailed information about the fund's holdings, performance, expenses, and other relevant financial data.
The purpose of money market mutual funds is to provide investors with a safe and convenient way to invest in short-term, low-risk securities.
Information that must be reported on money market mutual funds includes the fund's net asset value, yield, expenses, and portfolio holdings.
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