Federated Hermes Tax-Free Obl Svc (TBSXX)
1.00
0.00 (0.00%)
USD |
May 18 2022
Returns Chart
Key Stats
Customize
Expense Ratio | Total Assets Under Management | Dividend Yield | Turnover Ratio |
---|---|---|---|
0.46% | 2.578B | 0.01% | -- |
1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized All Time Total Returns (Daily) | Max Drawdown (All) |
-237.74M | 0.03% | 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 | 15.59 yrs |
Net Fund Flows Versus Category
1 Month
% Rank:
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Category Low
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Category High
1 Year
% Rank:
89
-237.74M
-3.262B
Category Low
887.10M
Category High
3 Months
% Rank:
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Category Low
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Category High
3 Years
% Rank:
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Category High
6 Months
% Rank:
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Category Low
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Category High
5 Years
% Rank:
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Category Low
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Category High
YTD
% Rank:
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Category Low
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Category High
10 Years
% Rank:
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Category Low
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Category High
As of April 30, 2022
Performance Versus Category
As of May 18, 2022. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of May 18, 2022.
Asset Allocation
Top 10 Holdings
Name | % Weight | Price | % Change |
---|---|---|---|
NUVEEN AMT-FREE MUN CR INCOME FD 0.57%
|
4.88% | -- | -- |
NUVEEN INSD TAX-FREE ADVANTAGE MUN FD 0.56%
|
4.21% | -- | -- |
NUVEEN AMT-FREE MUN CR INCOME FD 0.57%
|
3.72% | -- | -- |
NUVEEN NEW YORK AMT-FREE MUN INCOME FD 0.56%
|
2.10% | -- | -- |
J P MORGAN CHASE PUTTERS / DRIVERS TR VAR STS 0.39%
|
1.87% | -- | -- |
MOBILE ALA INDL DEV BRD POLLUTN CTL REV 0.6%
|
1.86% | -- | -- |
MIZUHO FLOATER / RESIDUAL TR VAR STS 0.61%
|
1.75% | -- | -- |
PORT PORT ARTHUR TEX NAV DIST EXEMPT FACS REV 0.56%
|
1.72% | -- | -- |
COLUMBIA ALA INDL DEV BRD POLLUTN CTL REV 0.6%
|
1.68% | -- | -- |
HARRIS CNTY TEX CULTURAL ED FACS FIN CORP REV IAM COML PAPER 3/A2 SER C-1 0
|
1.68% | -- | -- |
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 | 15.59 yrs |
Fundamentals
General | |
Distribution Yield | Upgrade |
Dividend Yield TTM (5-18-22) | 0.01% |
30-Day SEC Yield (1-31-13) | Upgrade |
7-Day SEC Yield (5-13-22) | Upgrade |
Number of Holdings | Upgrade |
Bond | |
Current Yield | -- |
Yield to Maturity | -- |
Effective Duration | -- |
Average Coupon | -- |
Average Credit Score | -- |
Average Price | -- |
As of March 31, 2022
Fund Details
Key Dates | |
Inception Date | 7/5/1994 |
Last Annual Report Date | 5/31/2021 |
Last Prospectus Date | 7/31/2021 |
Share Classes | |
TBIXX | Inst |
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 | No |