DSIXX: Reich & Tang Daily Inc Muni Inv Ser

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DSIXX Reich & Tang Daily Inc Muni Inv Ser

  • Fund
  • DSIXX
  • Price as of: N/A
  • N/A N/A N/A
  • Primary Category
  • N/A
  • Fund Company
  • N/A
  • Share Class

DSIXX - Profile

Vitals

  • YTD Return N/A
  • 3 Yr Annualized Return 0.0%
  • 5 Yr Annualized Return 0.0%
  • Net Assets $206 M
  • Holdings in Top 10 98.0%

52 WEEK LOW AND HIGH

N/A
N/A
N/A

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.98%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover N/A

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

Closed to new investors as of Mar 16, 2015

STANDARD (TAXABLE)

$5,000

IRA

N/A

Fund Classification

PRIMARY CATEGORY

N/A
  • Fund Type Money Market Fund
  • Investment Style Money Market-Tax-Free

Distributions

  • YTD Total Return N/A
  • 3 Yr Annualized Total Return 0.0%
  • 5 Yr Annualized Total Return 0.0%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 0.01%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name Reich & Tang Daily Income Fund Municipal Portfolio
  • Fund Family Name N/A
  • Inception Date Feb 20, 2007
  • Shares Outstanding N/A
  • Share Class Other
  • Currency USD
  • Domiciled Country United States

Fund Description

The fund maintains investment portfolios with a dollar-weighted average maturity of 60 days or less, to value its investment portfolios at amortized cost and maintain a net asset value of $1.00 per share. It invests at least 80% of its net assets (plus any borrowings for investment purposes) in obligations issued by states, territories and possessions of the United States and its political subdivisions, public authorities and other entities authorized to issue debt.

DSIXX - Mutual Fund Categories

DSIXX - Performance

Return Ranking - Trailing

Period DSIXX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A 0.0% 3.3% N/A
1 Yr 0.0% 0.0% 3.7% N/A
3 Yr 0.0%* -0.5% 0.0% N/A
5 Yr 0.0%* -37.0% 0.3% N/A
10 Yr N/A* -20.6% 0.8% N/A

* Annualized


Return Ranking - Calendar

Period DSIXX Return Category Return Low Category Return High Rank in Category (%)
2018 N/A -1.4% 0.0% N/A
2017 N/A 0.0% 2.1% N/A
2016 N/A -90.1% 0.0% N/A
2015 N/A 0.0% 0.4% N/A
2014 N/A 0.0% 3.1% N/A

Total Return Ranking - Trailing

Period DSIXX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A 0.0% 3.3% N/A
1 Yr 0.0% 0.0% 3.7% N/A
3 Yr 0.0%* -0.5% 0.0% N/A
5 Yr 0.0%* -37.0% 0.3% N/A
10 Yr N/A* -20.6% 0.8% N/A

* Annualized


Total Return Ranking - Calendar

Period DSIXX Return Category Return Low Category Return High Rank in Category (%)
2018 N/A -1.4% 0.0% N/A
2017 N/A 0.0% 2.1% N/A
2016 N/A -90.1% 0.0% N/A
2015 N/A 0.0% 0.4% N/A
2014 N/A 0.0% 3.1% N/A

NAV & Total Return History

DSIXX - Holdings

Concentration Analysis

DSIXX Category Low Category High DSIXX % Rank
Net Assets 206 M 4.87 M 172 B N/A
Number of Holdings 11 1 1055 N/A
Net Assets in Top 10 327 M 2.07 M 98.1 B N/A
Weighting of Top 10 98.04% 8.9% 110.3% N/A

Top 10 Holdings

  1. Federal Home Loan Bank 0.04% 24.01%

  2. Federal Home Loan Bank 0.07% 16.51%

  3. Federal National Mortgage Association, 0.09% 15.00%

  4. Federal Home Loan Bank 0.03% 14.92%

  5. Federal Home Loan Bank, 0.07% 7.50%

  6. The City Of New York Go Bonds, Fiscal 2012 Series G,subseries G-7, 0.02% Lo 6.44%

  7. Metropolitan Transportation Authority Rb eries 2005d, Subseries 2005 D-2 5.70%

  8. Maryland Health And Higher Educational Facilities Authority, Md Revenue Not 4.45%

  9. Federal Home Loan Mortgage Corporation, 0.04% 3.17%

  10. Evans-Brant, Ny Central School District, 0.05% 0.34%


Asset Allocation

Weighting Return Low Return High DSIXX % Rank
Cash
85.90% -1.98% 102.14% N/A
Bonds
12.14% 0.00% 110.26% N/A
Other
1.96% -20.98% 100.00% N/A
Stocks
0.00% 0.00% 3.56% N/A
Preferred Stocks
0.00% 0.00% 0.00% N/A
Convertible Bonds
0.00% 0.00% 1.39% N/A

Bond Sector Breakdown

Weighting Return Low Return High DSIXX % Rank
Cash & Equivalents
85.56% -1.98% 102.14% N/A
Municipal
12.14% 0.00% 101.98% N/A
Derivative
0.00% 0.00% 0.51% N/A
Securitized
0.00% 0.00% 35.60% N/A
Corporate
0.00% 0.00% 25.86% N/A
Government
0.00% 0.00% 110.26% N/A

Bond Geographic Breakdown

Weighting Return Low Return High DSIXX % Rank
US
12.14% 0.00% 110.26% N/A
Non US
0.00% 0.00% 33.86% N/A

DSIXX - Expenses

Operational Fees

DSIXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.98% 0.00% 2.80% N/A
Management Fee 0.12% 0.05% 0.57% N/A
12b-1 Fee 0.70% 0.00% 1.00% N/A
Administrative Fee 0.05% 0.01% 0.50% N/A

Sales Fees

DSIXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.00% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

DSIXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 1.00% N/A

Turnover Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

DSIXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 235.00% N/A

DSIXX - Distributions

Dividend Yield Analysis

DSIXX Category Low Category High DSIXX % Rank
Dividend Yield 0.00% 0.00% 1.71% N/A

Dividend Distribution Analysis

DSIXX Category Low Category High Category Mode
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Dividend Payout History


Net Income Ratio Analysis

DSIXX Category Low Category High DSIXX % Rank
Net Income Ratio 0.01% 0.00% 2.42% N/A

Capital Gain Distribution Analysis

DSIXX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

DSIXX - Managers

Tenure Analysis

Category Low

10.17

Category High

17.58

Category Average

14.42

Category Mode

15.51