Federated Hermes Municipal Obligations Fund Wealth (MOFXX)
1.00
0.00 (0.00%)
USD |
May 01 2026
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.21% | 6.421B | -- | -- |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| -318.21M | 2.62% |
Basic Info
| Investment Strategy | |
| The Fund seeks to provide current income exempt from all federal regular income tax consistent with stability of principal. The Fund invests in a portfolio of high-quality, tax-exempt securities maturing in 397 days or less. Interest from the Funds investments may be subject to the federal AMT for individuals. |
| General | |
| Security Type | Money Market Fund |
| Equity Style | -- |
| Broad Asset Class | Money Market |
| Broad Category | Capital Preservation |
| Global Peer Group | Bond USD Tax Exempt Money Market |
| Peer Group | Tax-Exempt Money Market Funds |
| Global Macro | Bond HC |
| US Macro | Tax-Exempt Money Market Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Tax-Exempt 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:
96
-1.045B
Peer Group Low
278.77M
Peer Group High
1 Year
% Rank:
84
-318.21M
-882.68M
Peer Group Low
1.423B
Peer Group High
3 Months
% Rank:
95
-1.364B
Peer Group Low
1.024B
Peer Group High
3 Years
% Rank:
15
-487.93M
Peer Group Low
5.098B
Peer Group High
6 Months
% Rank:
89
-756.58M
Peer Group Low
1.212B
Peer Group High
5 Years
% Rank:
23
-1.340B
Peer Group Low
6.703B
Peer Group High
YTD
% Rank:
87
-2.133B
Peer Group Low
375.54M
Peer Group High
10 Years
% Rank:
15
-18.10B
Peer Group Low
9.287B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of May 03, 2026.
Asset Allocation
As of March 31, 2026.
| Type | % Net |
|---|---|
| Cash | 5.50% |
| Stock | 0.00% |
| Bond | 89.85% |
| Convertible | 0.00% |
| Preferred | 4.65% |
| Other | 0.00% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| 08/29/2026 | 2.35% | -- | -- |
|
BlackRock Municipal 2030 Target Term Trust VRDP
|
1.78% | -- | -- |
|
BlackRock MuniYield Quality Fund Inc
|
1.69% | -- | -- |
| TENDER OPT BD TR RCPTS / CTFS VAR STS FL 10/01/2040 | 1.50% | -- | -- |
| PORT CORPUS CHRISTI AUTH TEX NUECES CNTY SOLID WASTE DISP REV TX 3.600 04/01/2028 | 1.44% | 100.00 | 0.00% |
|
BlackRock MuniHoldings New Jersey Quality Fund Inc 144A VRDP
|
1.35% | -- | -- |
| 12/01/2052 | 1.33% | -- | -- |
| WALKER CNTY ALA ECONOMIC & INDL DEV AUTH SOLID WASTE DISP REV AL 3.480 08/01/2063 | 1.05% | 100.00 | 0.00% |
| 10/01/2050 | 1.05% | -- | -- |
| J P MORGAN CHASE PUTTERS / DRIVERS TR VAR STS 03/20/2027 | 1.03% | 100.00 | 0.00% |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | 0.11% |
| Administration Fee | 3.30M% |
| 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 | 500000.0 None |
| Minimum Subsequent Investment | 0.00 None |
Basic Info
| Investment Strategy | |
| The Fund seeks to provide current income exempt from all federal regular income tax consistent with stability of principal. The Fund invests in a portfolio of high-quality, tax-exempt securities maturing in 397 days or less. Interest from the Funds investments may be subject to the federal AMT for individuals. |
| General | |
| Security Type | Money Market Fund |
| Equity Style | -- |
| Broad Asset Class | Money Market |
| Broad Category | Capital Preservation |
| Global Peer Group | Bond USD Tax Exempt Money Market |
| Peer Group | Tax-Exempt Money Market Funds |
| Global Macro | Bond HC |
| US Macro | Tax-Exempt Money Market Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Tax-Exempt Money Market Funds |
| Fund Owner Firm Name | Federated Hermes |
| Broad Asset Class Benchmark Index | |
| ^BBUTB13MTR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (5-1-26) | 2.60% |
| 30-Day SEC Yield | -- |
| 7-Day SEC Yield (3-31-26) | 2.44% |
| Number of Holdings | 543 |
| Bond | |
| Yield to Maturity (3-31-26) | -- |
| Effective Duration | -- |
| Average Coupon | -- |
| Calculated Average Quality | -- |
| Effective Maturity | -- |
| Nominal Maturity | -- |
| Number of Bond Holdings | 501 |
As of March 31, 2026
Fund Details
| Key Dates | |
| Launch Date | 2/8/1993 |
| Last Annual Report Date | 5/31/2025 |
| Last Prospectus Date | 7/31/2025 |
| Share Classes | |
| MFCXX | Other |
| MFSXX | Other |
| MODXX | Other |
| MOIXX | Other |
| MOSXX | Service |
| MOTXX | Other |
| 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% |
