The investment seeks maximum current income consistent with liquidity and the preservation of capital. The fund invests in a diversified portfolio of high quality, U.S. government money market instruments and in related repurchase agreements. Under normal circumstances, the fund invests at least 80% of its net assets in U.S. government securities, including government securities subject to repurchase agreements. U.S. government securities include direct obligations of the U.S. Treasury and obligations issued or guaranteed as to principal and interest by the U.S. government, its agencies or its instrumentalities.