Connect users can find current MAGIC Term rates on their account dashboard. Alternatively, please contact the Client Services Group at 800.731.7150 or CSGMWW@pfmam.com.

Current Seven Day Yield

The current seven-day yield, also referred to as the current annualized yield, represents the net change, exclusive of capital change and income other than investment income, in the value of a hypothetical account with a balance of one share (normally $1.00 per share) over a seven-day base period expressed as a percentage of the value of one share at the beginning of the seven-day period. The resulting net change in account value is then annualized by multiplying it by 365 and dividing the result by 7. Past performance does not guarantee future results. The yields shown above may reflect fee waivers by the Fund’s current or prior service providers. When such waivers occur, they reduce the total operating expenses of the Fund, and the Fund’s yields would have been lower if there were no such waivers. Refer to the Fund’s  Information Statement for further information on the expenses of the Fund and fees of its Service Providers.