Federated Hermes Tax-Free Obligations Fund Adv (TBVXX)
1.00
0.00 (0.00%)
USD |
Aug 25 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.21% | 6.604B | -- | -- |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| 922.34M | 2.42% |
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 |
| 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:
23
-557.84M
Peer Group Low
215.31M
Peer Group High
1 Year
% Rank:
21
922.34M
-226.40M
Peer Group Low
1.990B
Peer Group High
3 Months
% Rank:
53
-96.55M
Peer Group Low
623.69M
Peer Group High
3 Years
% Rank:
31
-312.94M
Peer Group Low
4.954B
Peer Group High
6 Months
% Rank:
25
-463.50M
Peer Group Low
1.221B
Peer Group High
5 Years
% Rank:
12
-1.240B
Peer Group Low
8.721B
Peer Group High
YTD
% Rank:
12
-2.018B
Peer Group Low
587.86M
Peer Group High
10 Years
% Rank:
31
-14.66B
Peer Group Low
9.769B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of August 26, 2026.
Asset Allocation
As of June 30, 2026.
| Type | % Net |
|---|---|
| Cash | 11.67% |
| Stock | 0.00% |
| Bond | 87.06% |
| Convertible | 0.00% |
| Preferred | 1.26% |
| Other | 0.00% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| NUVEEN AMT-FREE MUNICIPAL CREDIT INCOME FUND NUVEAMAA 12/01/2040 FLT USD Corporate | 2.13% | -- | -- |
| ST JAMES PARISH LA REV LA 2.500 11/01/2040 | 1.96% | 100.00 | 0.00% |
| NUVEEN AMT-FREE MUN CR INCOME FD MA 06/01/2046 | 1.85% | -- | -- |
| 11/01/2054 | 1.36% | -- | -- |
| PUBLIC FIN AUTH WIS CTFS WI 2.400 12/01/2051 | 1.36% | 100.00 | 0.00% |
| HARRIS CNTY TEX CULTURAL ED FACS FIN CORP REV TX 2.200 12/01/2060 | 1.31% | 100.00 | 0.00% |
| Nuveen AMT-Free Quality Municipal Income Fund NAMTFR 0.0 03/02/2028 FIX USD Corporate | 1.26% | -- | -- |
| 12/01/2052 | 1.20% | -- | -- |
| WEST VIRGINIA ST HOSP FIN AUTH REV WV 2.450 09/01/2037 | 1.19% | 100.00 | 0.00% |
| 12/01/2058 | 1.14% | -- | -- |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | 0.12% |
| Administration Fee | 269540.0 None |
| 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 | 250000.0 None |
| Minimum Subsequent Investment | 0.00 None |
Projected Income
| Type | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Qualified Income
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Normal
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Qualified
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
LT Cap Gains
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Ordinary Income
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Non-Qual
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
ST Cap Gains
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Interest
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Tax-Exempt
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
ROC
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Other
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Total
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
As of July 31, 2026.
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 |
| 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 (8-25-26) | 2.42% |
| 30-Day SEC Yield | -- |
| 7-Day SEC Yield (7-31-26) | 2.42% |
| Number of Holdings | 401 |
| Bond | |
| Yield to Maturity (6-30-26) | -- |
| Effective Duration | -- |
| Average Coupon | -- |
| Calculated Average Quality | -- |
| Effective Maturity | -- |
| Nominal Maturity | -- |
| Number of Bond Holdings | 353 |
As of June 30, 2026
Fund Details
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |