Federated Hermes Tax-Free Obligations Fund Wealth (TBIXX)
1.00
0.00 (0.00%)
USD |
May 19 2025
Key Stats
Customize
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.21% | 5.460B | -- | -- |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| 868.27M | 3.09% | Upgrade | Upgrade |
Basic Info
| Investment Strategy | |
| The Fund seeks to provide dividend income exempt from Federal regular income tax consistent with stability of principal. |
| General | |
| Security Type | Money Market Fund |
| Broad Asset Class | Money Market |
| Broad Category | Money Market |
| 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:
92
-319.56M
Peer Group Low
916.21M
Peer Group High
1 Year
% Rank:
29
868.27M
-29.04M
Peer Group Low
2.200B
Peer Group High
3 Months
% Rank:
56
-49.29M
Peer Group Low
1.536B
Peer Group High
3 Years
% Rank:
22
-725.77M
Peer Group Low
6.916B
Peer Group High
6 Months
% Rank:
45
-13.80M
Peer Group Low
1.131B
Peer Group High
5 Years
% Rank:
32
-2.401B
Peer Group Low
3.120B
Peer Group High
YTD
% Rank:
92
-330.92M
Peer Group Low
751.56M
Peer Group High
10 Years
% Rank:
75
-24.17B
Peer Group Low
7.778B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of May 20, 2025.
Asset Allocation
As of March 31, 2025.
| Type | % Net |
|---|---|
| Cash | 3.81% |
| Stock | 0.00% |
| Bond | 96.19% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | 0.00% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
|
Nuveen AMT-Free Municipal Credit Income Fund 01-DEC-2040
|
2.44% | -- | -- |
|
Parish of St. James State of Louisiana 4.05% 01-NOV-2040
|
2.24% | -- | -- |
|
Nuveen AMT-Free Municipal Credit Income Fund 01-JUN-2046
|
2.12% | -- | -- |
|
State of Colorado 5% 30-JUN-2025
|
1.84% | -- | -- |
|
RIB Floater Trust Various STS 01-NOV-2041
|
1.53% | -- | -- |
|
Tender Option Bond Trust Receipts 01-NOV-2054
|
1.46% | -- | -- |
|
Nuveen Amt-Free Quality Municipal Income Fund 01-MAR-2028
|
1.45% | -- | -- |
|
West Virginia Hospital Finance Authority 3.02% 01-SEP-2037
|
1.40% | -- | -- |
|
01-DEC-2052
|
1.37% | -- | -- |
|
Health Educational and Housing Facility Board of County of Shelby Tennessee 3.75% 01-JUN-2042
|
1.24% | -- | -- |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | 0.12% |
| Administration Fee | 2.67M% |
| Maximum Front Load | -- |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | -- |
| General Availability | |
| Available for Insurance Product | -- |
| Available for RRSP | -- |
| 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 dividend income exempt from Federal regular income tax consistent with stability of principal. |
| General | |
| Security Type | Money Market Fund |
| Broad Asset Class | Money Market |
| Broad Category | Money Market |
| 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 (5-19-25) | 3.09% |
| 30-Day SEC Yield | -- |
| 7-Day SEC Yield (4-30-25) | 3.25% |
| Bond | |
| Yield to Maturity (3-31-25) | -- |
| Average Coupon | -- |
| Calculated Average Quality | -- |
| Effective Maturity | -- |
| Nominal Maturity | -- |
As of March 31, 2025
Fund Details
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |