Federated Hermes Capital Reserves Fund (FRFXX)
1.00
0.00 (0.00%)
USD |
Sep 15 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 1.02% | 2.700B | -- | -- |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| -191.75M | 3.02% |
Basic Info
| Investment Strategy | |
| The Fund seeks to provide current income consistent with stability of principal and liquidity by investing primarily in a portfolio of short-term, high-quality fixed-income securities. The Fund may invest in securities or other investments as non-principal investments for any purpose that is consistent. |
| General | |
| Security Type | Money Market Fund |
| Equity Style | -- |
| Broad Asset Class | Money Market |
| Broad Category | Capital Preservation |
| Global Peer Group | Money Market USD |
| Peer Group | Money Market Funds |
| Global Macro | Money Market HC |
| US Macro | Taxable Money Market Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Money Market Funds |
| Fund Owner Firm Name | Federated Hermes |
| Broad Asset Class Benchmark Index | |
| ^BBUTB13MTR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
62
-343.94M
Peer Group Low
2.540B
Peer Group High
1 Year
% Rank:
80
-191.75M
-9.951B
Peer Group Low
2.166B
Peer Group High
3 Months
% Rank:
61
-3.281B
Peer Group Low
1.562B
Peer Group High
3 Years
% Rank:
99
-6.809B
Peer Group Low
129.51B
Peer Group High
6 Months
% Rank:
46
-7.581B
Peer Group Low
22.11M
Peer Group High
5 Years
% Rank:
100
-2.028B
Peer Group Low
274.81B
Peer Group High
YTD
% Rank:
71
-7.885B
Peer Group Low
1.067B
Peer Group High
10 Years
% Rank:
96
-26.88B
Peer Group Low
336.94B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of September 16, 2026.
Asset Allocation
As of June 30, 2026.
| Type | % Net |
|---|---|
| Cash | 83.84% |
| Stock | 0.00% |
| Bond | 12.40% |
| Convertible | 0.00% |
| Preferred | 3.76% |
| Other | 0.00% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
|
Bank of America Securities Inc Repo
|
9.25% | -- | -- |
|
BNP Paribas SA Repo
|
8.48% | -- | -- |
| Duke Energy Corporation DUKECRP 07/01/2026 FIX USD Corporate (Matured) | 4.77% | 99.99 | 0.01% |
|
ABN Amro Bank NV REPO
|
4.59% | -- | -- |
|
HSBC Securities USA Inc Repo
|
4.40% | -- | -- |
| Avangrid, Inc. AVANGIN 07/01/2026 FIX USD Corporate (Matured) | 3.12% | 99.99 | 0.01% |
| Caterpillar Financial Services Corporation CAT-FinServ 07/07/2026 FIX USD Corporate (Matured) | 3.12% | 99.99 | 0.03% |
|
Wells Fargo Securities LLC Repo
|
1.83% | -- | -- |
| Westpac Banking Corp. (NY) WESTPBA 3.86 10/06/2026 FIX USD Corporate | 1.83% | 99.91 | 0.00% |
| Royal Bank of Canada RY 3.91 10/07/2026 FIX USD Corporate | 1.83% | 99.91 | 0.00% |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | 0.55% |
| Actual Management Fee | 0.00% |
| Administration Fee | 2.499M None |
| Maximum Front Load | -- |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | -- |
| General Availability | |
| Available for Insurance Product | No |
| Available for RRSP | No |
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 500.00 None |
| Minimum Subsequent Investment | 100.00 None |
TTM Distributions
| Type | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Qualified Income
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Normal
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Qualified
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
LT Cap Gains
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Ordinary Income
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Non-Qual
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
ST Cap Gains
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Interest
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Tax-Exempt
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
ROC
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Other
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Total
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
As of August 31, 2026.
Basic Info
| Investment Strategy | |
| The Fund seeks to provide current income consistent with stability of principal and liquidity by investing primarily in a portfolio of short-term, high-quality fixed-income securities. The Fund may invest in securities or other investments as non-principal investments for any purpose that is consistent. |
| General | |
| Security Type | Money Market Fund |
| Equity Style | -- |
| Broad Asset Class | Money Market |
| Broad Category | Capital Preservation |
| Global Peer Group | Money Market USD |
| Peer Group | Money Market Funds |
| Global Macro | Money Market HC |
| US Macro | Taxable Money Market Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Money Market Funds |
| Fund Owner Firm Name | Federated Hermes |
| Broad Asset Class Benchmark Index | |
| ^BBUTB13MTR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (9-15-26) | 3.01% |
| 30-Day SEC Yield | -- |
| 7-Day SEC Yield (8-31-26) | 2.89% |
| Number of Holdings | 88 |
| Bond | |
| Yield to Maturity (6-30-26) | -- |
| Effective Duration | -- |
| Average Coupon | -- |
| Calculated Average Quality | -- |
| Effective Maturity | -- |
| Nominal Maturity | -- |
| Number of Bond Holdings | 21 |
As of June 30, 2026
Fund Details
| Key Dates | |
| Launch Date | 2/25/2005 |
| Last Annual Report Date | 7/31/2025 |
| Last Prospectus Date | 9/30/2025 |
| Attributes | |
| Index Fund | -- |
| Inverse Fund | No |
| Leveraged Fund | -- |
| Fund of Funds | No |
| Currency Hedged Fund | -- |
| Socially Responsible Fund | No |
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |