"Western Asset Institutional Government Money Market Fund's New Hub Spoke Funds Rated 'AAAm'" says S&P. The release states, "Standard & Poor's Rating Services said today that it assigned its highest principal stability fund rating of 'AAAm' to the Government Portfolio, Western Asset Institutional Government Money Market Fund - Premium Class; and to Western Asset Government Money Market Fund Ltd. - Class 1, 2, and 3. At the same time, we affirmed our 'AAAm' rating on the Western Asset Institutional Government Money Market Fund, which is changing the name of these shares from 'Class A' to 'Institutional Class.'" The release adds, "While the Western Asset Institutional Government Money Market Fund is a U.S.-domiciled money market fund, the Western Asset Government Money Market Fund Ltd. is an open-end, diversified mutual fund incorporated as an exempted company in the Cayman Islands." See also S&P's "Lone Star Investment Pool Liquidity Plus Fund Ratings Changed To 'AAAm' Principal Stability Fund Rating" and "Colorado And Florida Surplus Asset Fund Trusts Placed On CreditWatch Negative". In other news, see "Institutional Cash Distributors (ICD) Client Assets Surge Following Government Actions and Platform Enhancements."

Email This Article




Use a comma or a semicolon to separate

captcha image

Daily Link Archive

2024 2023 2022
April December December
March November November
February October October
January September September
August August
July July
June June
May May
April April
March March
February February
January January
2021 2020 2019
December December December
November November November
October October October
September September September
August August August
July July July
June June June
May May May
April April April
March March March
February February February
January January January
2018 2017 2016
December December December
November November November
October October October
September September September
August August August
July July July
June June June
May May May
April April April
March March March
February February February
January January January
2015 2014 2013
December December December
November November November
October October October
September September September
August August August
July July July
June June June
May May May
April April April
March March March
February February February
January January January
2012 2011 2010
December December December
November November November
October October October
September September September
August August August
July July July
June June June
May May May
April April April
March March March
February February February
January January January
2009 2008 2007
December December December
November November November
October October October
September September September
August August August
July July July
June June June
May May May
April April April
March March March
February February February
January January January
2006
December
November
October
September