Dreyfus Municipal Reserves Changing to Dreyfus AMT Tax-Free Reserves. As of January 2008,
Dreyfus Municipal Reserves will change its name to
Dreyfus AMT Tax-Free Reserves according to
FundFiling.com.
Dreyfus joins Fidelity and Schwab in naming "AMT-Free" money funds that avoid investing in securities subject to the alternative minimum tax (AMT).
Money Market Funds Closed Memorial Day; Most Closing Early Friday. All
money market mutual funds will be closed on Monday, May 28, Memorial Day, along with the
New York Stock Exchange and
U.S. financial markets. On Friday, most will shut down early with noon being a popular close, though some will be operating normal hours.