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Ultra-short obligations funds
Fund invests at least 65% of fund assets in investment grade debt issues, or better, and maintains a portfolio dollar-weighted average maturity between 91 days and 365 days.
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Financial services
- Category: Funds
- Company: Merrill Lynch
- Product:
- Acronym-Abbreviation:
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