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Three Huntington funds limit average portfolio maturities to 60 days
By Toni Weeks
San Diego, Jan. 6 - Huntington Funds announced a change in the investment strategy for three of its funds, according to a 497 filing with the Securities and Exchange Commission.
The adviser of the Huntington Ohio Municipal Money Market Fund, Huntington Tax-Free Money Market Fund and Huntington U.S. Treasury Money Market Fund will now maintain a dollar-weighted average portfolio maturity of 60 days or less and a dollar-weighted average life of 120 days or less for each fund.
Previously, the adviser determined an unspecified appropriate dollar-weighted average maturity range for each fund's portfolio.
Columbus, Ohio-based Huntington Asset Advisors, Inc., a wholly owned subsidiary of Huntington Bank, is the investment adviser to the funds.
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