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Rating:Another Money Fund Prepares to Liquidate Not Rated 0.0 Email Routing List Email & Route  Print Print
Thursday, March 05, 2009

Another Money Fund Prepares to Liquidate

Reported by Neil Anderson, Managing Editor

The Calamos Government Money Market Fund will soon be no more. The Naperville, Illinois-based manager revealed in a filing that it will liquidate the money fund on May 15 after closing it on May 1.

Crane Data first reported the news, noting that the fund "was never able to break above the critical $1 billion in assets" since launching in May 2007.

The fund's board approved the liquidation on February 20. 

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