Federated Hermes Tax-Free Obligations Fund Wealth (TBIXX)
1.00
0.00 (0.00%)
USD |
Jul 31 2025
Key Stats
Customize
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.21% | 5.348B | -- | -- |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| 570.11M | 2.92% | 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:
83
-726.44M
Peer Group Low
112.59M
Peer Group High
1 Year
% Rank:
35
570.11M
-258.12M
Peer Group Low
2.140B
Peer Group High
3 Months
% Rank:
80
-1.449B
Peer Group Low
299.33M
Peer Group High
3 Years
% Rank:
25
-639.85M
Peer Group Low
4.000B
Peer Group High
6 Months
% Rank:
76
-522.64M
Peer Group Low
901.10M
Peer Group High
5 Years
% Rank:
32
-2.032B
Peer Group Low
2.832B
Peer Group High
YTD
% Rank:
82
-804.27M
Peer Group Low
932.57M
Peer Group High
10 Years
% Rank:
75
-24.02B
Peer Group Low
7.250B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of August 01, 2025.
Asset Allocation
As of June 30, 2025.
| Type | % Net |
|---|---|
| Cash | 4.71% |
| Stock | 0.00% |
| Bond | 95.29% |
| 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
|
2.42% | -- | -- |
|
Parish of St. James State of Louisiana 2.3% 01-NOV-2040
|
2.22% | -- | -- |
|
Nuveen AMT-Free Municipal Credit Income Fund 01-JUN-2046
|
2.10% | -- | -- |
|
RIB Floater Trust Various STS 01-NOV-2041
|
1.52% | -- | -- |
|
Tender Option Bond Trust Receipts 01-NOV-2054
|
1.45% | -- | -- |
|
Nuveen Amt-Free Quality Municipal Income Fund 01-MAR-2028
|
1.44% | -- | -- |
|
West Virginia Hospital Finance Authority 2% 01-SEP-2037
|
1.39% | -- | -- |
|
Harris County Cultural Education Facilities Financ 3.97% 01-JUL-2025
|
1.38% | -- | -- |
|
Mizuho Floater / Residual Trust Various States Series 2020-Miz9038 01-DEC-2052
|
1.36% | -- | -- |
|
JP Morgan Chase Putters/Drivers Trust 13-APR-2026
|
1.13% | -- | -- |
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 (7-31-25) | 2.94% |
| 30-Day SEC Yield | -- |
| 7-Day SEC Yield (6-30-25) | 2.54% |
| Bond | |
| Yield to Maturity (6-30-25) | -- |
| Average Coupon | -- |
| Calculated Average Quality | -- |
| Effective Maturity | -- |
| Nominal Maturity | -- |
As of June 30, 2025
Fund Details
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |