Federated Investors announced Monday that it will add a new share class on two of its ultrashort funds and rename another, making it the only fund complex to offer a full line of ultrashort products.

The firm said it would introduce A shares to the Federated Government Ultrashort Fund, which will now be known as the Federated Government Ultrashort Duration Fund. Federated also converted the Federated Municipal Ultrashort Fund’s Institutional Service Shares to A shares. The objective of developing these products is to limit price fluctuation by investing in high-quality, short-term debt instruments, while offering investors the potential for far greater yields than money market funds, the company said.

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