Returns Chart

Key Stats

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Expense Ratio Total Assets Under Management Dividend Yield Turnover Ratio
0.21% 2.424B 0.01% --
1 Year Fund Level Flows 1 Year Total Returns (Daily) Annualized All Time Total Returns (Daily) Max Drawdown (All)
-703.54M 0.02% Upgrade Upgrade

Basic Info

Investment Strategy
The investment seeks to provide dividend income exempt from federal regular income tax consistent with stability of principal. The fund invests primarily in a portfolio of high-quality, tax-exempt securities maturing in 397 days or less. It will invest its assets so that distributions of annual interest income are exempt from federal regular income tax. The Adviser also will invest its assets entirely in securities whose interest is not subject to (or not a specific preference item for purposes of) the federal alternative minimum tax for individuals (AMT), such that distributions of annual interest income also are exempt from the AMT.
General
Security Type Money Market Fund
Oldest Share Symbol TBIXX
Equity Style --
Fixed Income Style --
Broad Asset Class Money Market
Broad Category Money Market
Category Name Money Market-Tax-Free
Category Index ICE BofA USD 3M Dep OR CM TR USD
Prospectus Objective Money Mkt - Federal Tax Exempt
Fund Owner Firm Name Federated
Prospectus Benchmark Index
N/A 100.0%
Broad Asset Class Benchmark Index
^BBUTB13MTR 100.0%
Manager Tenure
Management Team 15.27 yrs

Net Fund Flows Versus Category

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1M
3M
6M
YTD
1Y
3Y
5Y
10Y
 
80.00B
60.00B
40.00B
20.00B
0
-20.00B
1 Month
% Rank: --
-- Category Low
-- Category High
1 Year
% Rank: 86
-703.54M
-3.970B Category Low
3.152B Category High
3 Months
% Rank: --
-- Category Low
-- Category High
3 Years
% Rank: --
-- Category Low
-- Category High
6 Months
% Rank: --
-- Category Low
-- Category High
5 Years
% Rank: --
-- Category Low
-- Category High
YTD
% Rank: --
-- Category Low
-- Category High
10 Years
% Rank: --
-- Category Low
-- Category High
As of December 31, 2021

Performance Versus Category

 
20%
15%
10%
5%
0
View Category Returns. Upgrade now.
Name
1M
3M
YTD
1Y
3Y
5Y
10Y
15Y
Total Return (NAV)
--
--
--
--
--
--
--
--
Category Rtn. (NAV)
--
--
--
--
--
--
--
--
% Rank in Cat (NAV)
--
--
--
--
--
--
--
--
As of January 21, 2022. Returns for periods of 1 year and above are annualized.

Annual Total Returns Versus Peers

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Name
2015
2016
2017
2018
2019
2020
2021
YTD
0.03%
0.48%
0.73%
1.28%
1.35%
0.50%
0.02%
0.00%
0.03%
0.26%
0.82%
1.82%
2.21%
0.54%
0.04%
0.00%
0.06%
0.41%
0.83%
1.34%
1.42%
0.60%
0.02%
0.00%
0.02%
0.38%
0.68%
1.25%
1.29%
0.40%
0.00%
-0.01%
0.01%
0.32%
0.69%
1.24%
1.31%
0.38%
0.01%
0.00%
0.03%
0.25%
0.65%
1.23%
1.29%
0.43%
0.02%
0.00%
As of January 21, 2022.

Fundamentals

General
Distribution Yield Upgrade
Dividend Yield TTM (1-21-22) 0.01%
30-Day SEC Yield (1-31-13) Upgrade
7-Day SEC Yield (1-20-22) Upgrade
Number of Holdings Upgrade
Bond
Current Yield --
Yield to Maturity --
Effective Duration --
Average Coupon --
Average Credit Score --
Average Price --
As of December 31, 2021

Asset Allocation

As of December 31, 2021.
Type % Net % Long % Short
Cash 12.69% Upgrade Upgrade
Stock 0.00% Upgrade Upgrade
Bond 87.31% Upgrade Upgrade
Convertible 0.00% Upgrade Upgrade
Preferred 0.00% Upgrade Upgrade
Other 0.00% Upgrade Upgrade

Top 10 Holdings

Name % Weight Price % Change
NUVEEN AMT-FREE MUN CR INCOME FD 0.16%
4.94% -- --
NUVEEN INSD TAX-FREE ADVANTAGE MUN FD 0.15%
4.05% -- --
NUVEEN AMT-FREE MUN CR INCOME FD 0.16%
3.58% -- --
EAST BATON ROUGE PARISH LA INC INDL DEV BRD REV 0.09%
2.02% -- --
NUVEEN NEW YORK AMT-FREE MUN INCOME FD 0.15%
2.02% -- --
J P MORGAN CHASE PUTTERS / DRIVERS TR VAR STS 0.13%
1.80% -- --
MOBILE ALA INDL DEV BRD POLLUTN CTL REV 0.21%
1.79% -- --
MIZUHO FLOATER / RESIDUAL TR VAR STS 0.17%
1.69% -- --
PORT PORT ARTHUR TEX NAV DIST EXEMPT FACS REV 0.16%
1.66% -- --
COLUMBIA ALA INDL DEV BRD POLLUTN CTL REV 0.21%
1.62% -- --

Fees & Availability

Fees
Actual 12B-1 Fee --
Actual Management Fee Upgrade
Administration Fee Upgrade
Performance Fee --
Switching Fee --
Transaction Fee --
Maximum Front Load --
Maximum Deferred Load --
Maximum Redemption Fee --
General Availability
Available for Insurance Product No
Available for Retirement Plan No
Available for RRSP No
Purchase Details
Open to New Investors Yes
Open to Existing Investors Yes
Minimum Initial Investment Upgrade
Minimum Subsequent Investment Upgrade

Basic Info

Investment Strategy
The investment seeks to provide dividend income exempt from federal regular income tax consistent with stability of principal. The fund invests primarily in a portfolio of high-quality, tax-exempt securities maturing in 397 days or less. It will invest its assets so that distributions of annual interest income are exempt from federal regular income tax. The Adviser also will invest its assets entirely in securities whose interest is not subject to (or not a specific preference item for purposes of) the federal alternative minimum tax for individuals (AMT), such that distributions of annual interest income also are exempt from the AMT.
General
Security Type Money Market Fund
Oldest Share Symbol TBIXX
Equity Style --
Fixed Income Style --
Broad Asset Class Money Market
Broad Category Money Market
Category Name Money Market-Tax-Free
Category Index ICE BofA USD 3M Dep OR CM TR USD
Prospectus Objective Money Mkt - Federal Tax Exempt
Fund Owner Firm Name Federated
Prospectus Benchmark Index
N/A 100.0%
Broad Asset Class Benchmark Index
^BBUTB13MTR 100.0%
Manager Tenure
Management Team 15.27 yrs

Fundamentals

General
Distribution Yield Upgrade
Dividend Yield TTM (1-21-22) 0.01%
30-Day SEC Yield (1-31-13) Upgrade
7-Day SEC Yield (1-20-22) Upgrade
Number of Holdings Upgrade
Bond
Current Yield --
Yield to Maturity --
Effective Duration --
Average Coupon --
Average Credit Score --
Average Price --
As of December 31, 2021

Fund Details

Key Dates
Inception Date 12/12/1989
Last Annual Report Date 5/31/2021
Last Prospectus Date 7/31/2021
Share Classes
TBSXX Other
TBVXX Adv
Attributes
Enhanced Index Fund No
Index Fund No
Inverse Fund No
Leveraged Fund No
Fund of Funds No
Currency Hedged Fund No
Synthetic Replication Fund No
Has Dividend Investment Plan No
Socially Responsible Fund Yes

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