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The long-tenured team of portfolio managers and traders follows a well-defined investment process that has evolved over more than 35 years of money market fund management.
Key differentiators
Ticker
AHCXX
CUSIP
01988X796
Fund number
4729
Minimum investment
$25,000,000
Weighted average maturity
54 Days
(as of 3/31/2026)
Weighted average life
98 Days
(as of 3/31/2026)
Gross expense ratio
0.21%
(as of 5/1/2026)
Net expense ratio
0.17%
(as of 5/1/2026)
Type of money fund
Government
Standard & Poor's rating
AAAm
(as of 3/31/2026)
Moody's rating
Aaa-mf
(as of 3/31/2026)
| Yield | Statistic | Date |
|---|---|---|
| Daily factor | 0.000096500 | 5/4/2026 |
| 1-day yield | 3.52% | 5/4/2026 |
| 7-day current yield | - | 5/4/2026 |
| 7-day current unsubsidized yield | - | 5/4/2026 |
| 7-day effective yield | - | 5/4/2026 |
| 30-day current | - | 5/4/2026 |
| 30-day effective | - | 5/4/2026 |
| Daily weighted average maturity | 53 Days | 5/4/2026 |
The 7-day current yield is an annualized net yield that describes the annualized income earned over a 7-day period.
The 7-day effective yield is annualized net yield that describes the amount one is expected to earn over a 1-year period assuming that dividends are reinvested at the average rate of the last 7-days.
|
Maturity Range
|
WAL
|
WAM
|
|---|---|---|
|
1-7 days
|
11.00% | 25.00% |
|
8-29 days
|
23.00% | 23.00% |
|
30-89 days
|
37.00% | 35.00% |
|
90-179 days
|
13.00% | 11.00% |
|
180-269 days
|
4.00% | 1.00% |
|
270+ days
|
12.00% | 5.00% |
Duration distribution is subject to change and may have changed since the date specified. Percent total may not add to 100% due to rounding.
|
Security
|
Fund
|
|---|---|
|
U.S. Treasuries
|
6.17%
|
|
U.S. Treasuries
|
6.11%
|
|
U.S. Treasuries
|
5.75%
|
|
U.S. Treasuries
|
5.57%
|
|
U.S. Treasuries
|
4.12%
|
|
U.S. Treasuries
|
3.48%
|
|
U.S. Treasuries
|
3.22%
|
|
U.S. Treasuries
|
3.10%
|
|
U.S. Treasuries
|
2.83%
|
|
U.S. Treasuries
|
2.83%
|
|
Credit Assets
|
Allocation
|
|---|---|
|
Treasury debt
|
100.00%
|
Portfolio composition and maturity distribution are subject to change and may have changed since the date specified. Percent total may not add to 100% due to rounding.
The team philosophy adheres to disciplined active management to provide clients with consistent, competitive risk-adjusted returns to meet their liquidity needs.
For government money markets: You could lose money by investing in the Fund. Although the Fund seeks to preserve the value of your investment at $1.00 per share, it cannot guarantee it will do so. An investment in the Fund is not a bank account and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The Fund’s sponsor is not required to reimburse the Fund for losses, and you should not expect that the sponsor will provide financial support to the Fund at any time, including during periods of market stress.
Weighted average maturity (WAM): An average of the effective maturities of all securities held in the portfolio, weighted by each security’s percentage of total investments. The maturity of a portfolio security is the period remaining until the date on which the principal amount is unconditionally required to be paid, or in the case of a security called for redemption, the date on which the redemption payment is unconditionally required to be made. WAM calculations allow for the maturities of certain securities with demand features or periodic interest-rate resets to be shortened. WAM is a way to measure a fund’s sensitivity to potential interest-rate changes. WAM is subject to change and may have changed since the date specified.
Weighted average life (WAL): An average of the final maturities of all securities held in the portfolio, weighted by their percentage of total investments. The maturity of a portfolio security is the period remaining until the date on which the principal amount is unconditionally required to be paid, or in the case of a security called for redemption, the date on which the redemption payment is unconditionally required to be made. The calculation of WAL allows for the maturities of certain securities with demand features to be shortened but, unlike the calculation of WAM, does not allow shortening of the maturities of certain securities with periodic interest-rate resets. WAL is a way to measure a fund’s potential sensitivity to credit spread changes. WAL is subject to change and may have changed since the date specified.
