The following is a list of statements from fund companies regarding their participation in, or consideration of, Treasury's Money Market Fund Guaranty Program. A number of new funds have announced participation today, including Allegiant, Columbia, Putnam, Russell (statement not available on website yet) and Schwab. Statements from companies include: Allegiant, Alpine, BlackRock, Columbia, First American, Invesco AIM, Legg Mason (Western Asset), Putnam, Schwab, TCW, Vanguard (considering), and Virtus (formerly Phoenix Insight). Russell said in its communication, "The Board of Trustees of Russell Investment Company has approved plans and an application has been submitted to participate in the U.S. Treasury's Temporary Guarantee Program for Money Market Funds. The Russell Money Market Fund, a SEC registered 2a-7 money market fund, continues to trade at $1.00 per share. Russell's participation in the Guarantee Program is intended to provide investors in the fund on September 19, 2008, with an additional level of protection."
