Federated Hermes Tax-Free Obligations Fund Adv (TBVXX)
1.00
0.00 (0.00%)
USD |
Oct 06 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.21% | 6.810B | -- | -- |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| 1.133B | 2.37% |
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:
99
-57.61M
Peer Group Low
873.41M
Peer Group High
1 Year
% Rank:
21
1.133B
-479.39M
Peer Group Low
2.597B
Peer Group High
3 Months
% Rank:
20
-360.62M
Peer Group Low
906.37M
Peer Group High
3 Years
% Rank:
31
-471.96M
Peer Group Low
4.299B
Peer Group High
6 Months
% Rank:
20
-672.22M
Peer Group Low
1.775B
Peer Group High
5 Years
% Rank:
23
-1.097B
Peer Group Low
9.958B
Peer Group High
YTD
% Rank:
15
-1.820B
Peer Group Low
796.69M
Peer Group High
10 Years
% Rank:
23
-12.49B
Peer Group Low
9.705B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of October 07, 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 4.250 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 1.700 12/01/2051 | 1.36% | 100.00 | 0.00% |
| HARRIS CNTY TEX CULTURAL ED FACS FIN CORP REV TX 1.650 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 4.050 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 | 277793.0 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 |
TTM Distributions
| Type | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Qualified Income
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Normal
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Qualified
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
LT Cap Gains
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Ordinary Income
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Non-Qual
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
ST Cap Gains
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Interest
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Tax-Exempt
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
ROC
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Other
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Total
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
As of September 30, 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 (10-6-26) | 2.39% |
| 30-Day SEC Yield | -- |
| 7-Day SEC Yield (8-31-26) | 2.38% |
| 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% |