CALXX: Federated Hermes California Muncipal Cash Trust - MutualFunds.com

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Federated Hermes CA Muni Cash Cash II

CALXX - Snapshot

Vitals

  • YTD Return 0.0%
  • 3 Yr Annualized Return 0.6%
  • 5 Yr Annualized Return 0.5%
  • Net Assets $1.14 B
  • Holdings in Top 10 26.9%

52 WEEK LOW AND HIGH

$1.00
$1.00
$1.00

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.96%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover N/A

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $10,000
  • IRA N/A

Fund Classification


Compare CALXX to Popular Tax-Free Money Market Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$1.00

0.00%

$17.15 B

0.00%

$0.00

0.00%

0.15%

$1.00

0.00%

$14.99 B

-

$0.01

0.15%

$1.00

0.00%

$13.21 B

0.00%

$0.00

0.00%

0.48%

$1.00

0.00%

$9.62 B

0.00%

$0.00

0.00%

0.64%

$1.00

0.00%

$5.95 B

0.00%

$0.00

0.00%

0.21%

CALXX - Profile

Distributions

  • YTD Total Return 0.0%
  • 3 Yr Annualized Total Return 0.6%
  • 5 Yr Annualized Total Return 0.5%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.87%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Federated Hermes California Muncipal Cash Trust
  • Fund Family Name
    Federated
  • Inception Date
    Dec 15, 2000
  • Shares Outstanding
    N/A
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Management Team

Fund Description

The fund invests primarily in a portfolio of high-quality California tax-exempt securities maturing in 397 days or less. It will invest its assets so that normally, distributions of annual interest income are exempt from federal regular income tax and California state income tax. Interest from the fund's investments may be subject to the federal alternative minimum tax for individuals (AMT).


CALXX - Performance

Return Ranking - Trailing

Period CALXX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.0% 0.0% 0.0% 33.33%
1 Yr 0.4% 0.0% 0.9% 87.62%
3 Yr 0.6%* 0.0% 1.5% 82.16%
5 Yr 0.5%* 0.0% 0.9% 75.15%
10 Yr 0.2%* 0.0% 0.5% 75.95%

* Annualized

Return Ranking - Calendar

Period CALXX Return Category Return Low Category Return High Rank in Category (%)
2019 0.0% 0.0% 0.0% 33.51%
2018 0.0% 0.0% 0.0% 37.23%
2017 0.0% 0.0% 0.0% 35.94%
2016 0.0% 0.0% 0.0% 35.87%
2015 0.0% 0.0% 0.0% 39.71%

Total Return Ranking - Trailing

Period CALXX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.0% 0.0% 0.0% 33.33%
1 Yr 0.4% -0.9% 0.9% 87.62%
3 Yr 0.6%* 0.0% 1.5% 82.16%
5 Yr 0.5%* 0.0% 0.9% 75.15%
10 Yr 0.2%* 0.0% 0.5% 75.95%

* Annualized

Total Return Ranking - Calendar

Period CALXX Return Category Return Low Category Return High Rank in Category (%)
2019 0.0% 0.0% 0.0% 33.51%
2018 0.0% 0.0% 0.0% 38.06%
2017 0.0% 0.0% 0.0% 36.80%
2016 0.0% 0.0% 0.0% 37.93%
2015 0.0% 0.0% 0.0% 42.86%

NAV & Total Return History


CALXX - Holdings

Concentration Analysis

CALXX Category Low Category High CALXX % Rank
Net Assets 1.14 B 25.7 M 17.1 B 38.35%
Number of Holdings 152 1 991 36.89%
Net Assets in Top 10 306 M 16.9 M 15 B 37.38%
Weighting of Top 10 26.86% 9.7% 100.0% 64.08%

Top 10 Holdings

  1. RIB FLOATER TR VARIOUS STS 0.24% 4.59%
  2. CALIFORNIA EDL FACS AUTH REV 0.09% 3.46%
  3. CALIFORNIA STATEWIDE CMNTYS DEV AUTH MULTIFAMILY HSG REV 0.19% 3.29%
  4. CALIFORNIA STATEWIDE CMNTYS DEV AUTH REV VRDO IAM COML PAPER 3/A2 SER 2009 3.07%
  5. CALIFORNIA STATEWIDE CMNTYS DEV AUTH MULTIFAMILY HSG REV 0.16% 3.05%
  6. TENDER OPT BD TR RCPTS / CTFS VAR STS 0.14% 2.54%
  7. NUVEEN CALIF AMT FREE MUNICIPAL INCOME FD 0.12% 2.50%
  8. SAN FRANCISCO CALIF CITY & CNTY PUB UTILS COMMN WASTEWATER REV IAM COML PAP 2.38%
  9. SAN FRANCISCO CALIF CITY & CNTY PUB UTILS COMMN WASTEWATER REV IAM COML PAP 2.16%
  10. CALIFORNIA STATEWIDE CMNTYS DEV AUTH REV 0.25% 1.84%

Asset Allocation

Weighting Return Low Return High CALXX % Rank
Bonds
67.27% 0.00% 100.00% 86.89%
Cash
32.73% 0.00% 100.00% 12.62%
Stocks
0.00% 0.00% 0.00% 33.98%
Preferred Stocks
0.00% 0.00% 0.00% 33.98%
Other
0.00% 0.00% 15.48% 45.63%
Convertible Bonds
0.00% 0.00% 0.00% 33.98%

Bond Sector Breakdown

Weighting Return Low Return High CALXX % Rank
Municipal
67.27% 0.00% 100.00% 86.89%
Cash & Equivalents
32.73% 0.00% 100.00% 12.62%
Derivative
0.00% 0.00% 0.00% 33.98%
Securitized
0.00% 0.00% 0.00% 33.98%
Corporate
0.00% 0.00% 0.00% 33.98%
Government
0.00% 0.00% 32.00% 37.86%

Bond Geographic Breakdown

Weighting Return Low Return High CALXX % Rank
US
67.27% 0.00% 100.00% 86.89%
Non US
0.00% 0.00% 1.49% 35.92%

CALXX - Expenses

Operational Fees

CALXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.96% 0.15% 1.67% 13.37%
Management Fee 0.30% 0.08% 0.50% 75.73%
12b-1 Fee 0.20% 0.00% 0.75% 39.68%
Administrative Fee 0.10% 0.03% 0.50% 55.56%

Sales Fees

CALXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A N/A N/A N/A
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

CALXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

CALXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 16.00% N/A

CALXX - Distributions

Dividend Yield Analysis

CALXX Category Low Category High CALXX % Rank
Dividend Yield 0.00% 0.00% 0.56% 34.47%

Dividend Distribution Analysis

CALXX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

CALXX Category Low Category High CALXX % Rank
Net Income Ratio 0.87% 0.01% 2.15% 78.71%

Capital Gain Distribution Analysis

CALXX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

CALXX - Fund Manager Analysis

Managers

Management Team


Start Date

Tenure

Tenure Rank

Feb 28, 2007

13.6

13.6%

Team Managed

Tenure Analysis

Category Low Category High Category Average Category Mode
0.58 32.45 13.46 13.6