MOTXX: Federated Hermes Municipal Obligations Fund - MutualFunds.com
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Federated Municipal Obligations Atmt

MOTXX - Snapshot

Vitals

  • YTD Return 0.0%
  • 3 Yr Annualized Return 0.7%
  • 5 Yr Annualized Return 0.6%
  • Net Assets $2.92 B
  • Holdings in Top 10 27.6%

52 WEEK LOW AND HIGH

$1.00
$1.00
$1.00

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.56%

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) $25,000
  • IRA $250

Fund Classification


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

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$1.00

0.00%

$21.62 B

-

$0.00

0.12%

$1.00

0.00%

$16.15 B

-

$0.00

0.00%

0.15%

$1.00

0.00%

$8.99 B

-

$0.00

0.34%

$1.00

0.00%

$7.81 B

-

$0.00

0.59%

$1.00

0.00%

$6.87 B

-

-

0.00%

0.45%

MOTXX - Profile

Distributions

  • YTD Total Return 0.0%
  • 3 Yr Annualized Total Return 0.7%
  • 5 Yr Annualized Total Return 0.6%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.01%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Federated Hermes Municipal Obligations Fund
  • Fund Family Name
    Federated
  • Inception Date
    Jun 02, 2015
  • 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, tax-exempt securities maturing in 397 days or less. The fund will invest its assets so that, normally, distributions of annual interest income are exempt from federal regular income tax. Interest from the fund's investments may be subject to the federal alternative minimum tax for individuals (AMT).


MOTXX - Performance

Return Ranking - Trailing

Period MOTXX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.0% 0.0% 0.0% 78.63%
1 Yr 0.0% 0.0% 0.7% 56.98%
3 Yr 0.7%* 0.0% 1.2% 60.98%
5 Yr 0.6%* 0.0% 1.0% 57.42%
10 Yr N/A* 0.0% 0.5% N/A

* Annualized

Return Ranking - Calendar

Period MOTXX Return Category Return Low Category Return High Rank in Category (%)
2020 0.0% 0.0% 0.0% 77.78%
2019 0.0% 0.0% 0.0% 78.31%
2018 0.0% 0.0% 0.0% 81.20%
2017 0.0% 0.0% 0.0% 82.57%
2016 0.0% 0.0% 0.0% 81.33%

Total Return Ranking - Trailing

Period MOTXX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.0% 0.0% 0.0% 78.63%
1 Yr 0.0% -1.0% 0.7% 56.40%
3 Yr 0.7%* 0.0% 1.2% 60.98%
5 Yr 0.6%* 0.0% 1.0% 57.42%
10 Yr N/A* 0.0% 0.5% N/A

* Annualized

Total Return Ranking - Calendar

Period MOTXX Return Category Return Low Category Return High Rank in Category (%)
2020 0.0% 0.0% 0.0% 77.78%
2019 0.0% 0.0% 0.0% 78.31%
2018 0.0% 0.0% 0.0% 81.58%
2017 0.0% 0.0% 0.0% 83.02%
2016 0.0% 0.0% 0.0% 83.10%

NAV & Total Return History


MOTXX - Holdings

Concentration Analysis

MOTXX Category Low Category High MOTXX % Rank
Net Assets 2.92 B 30.1 M 21.6 B 14.61%
Number of Holdings 240 1 887 21.91%
Net Assets in Top 10 818 M 13.9 M 21.6 B 14.04%
Weighting of Top 10 27.58% 9.1% 100.0% 64.61%

Top 10 Holdings

  1. J P MORGAN CHASE PUTTERS / DRIVERS TR VAR STS 0.2% 6.02%
  2. J P MORGAN CHASE PUTTERS / DRIVERS TR VAR STS 0.2% 3.45%
  3. TEXAS ST 4% 3.31%
  4. J P MORGAN CHASE PUTTERS / DRIVERS TR VAR STS 0.2% 3.01%
  5. PORT CORPUS CHRISTI AUTH TEX NUECES CNTY SOLID WASTE DISP REV 0.09% 2.89%
  6. WELLS FARGO STAGE TRS VAR STS 0.17% 2.68%
  7. AGENCY ENHANCED AFFORDABLE HSG TR 1.16% 2.67%
  8. J P MORGAN CHASE PUTTERS / DRIVERS TR VAR STS 0.2% 2.53%
  9. SAVANNAH GA ECONOMIC DEV AUTH REV 0.16% 2.29%
  10. NUVEEN QUALITY MUN INCOME FD 0.12% 2.09%

Asset Allocation

Weighting Return Low Return High MOTXX % Rank
Bonds
87.41% 0.00% 100.00% 32.02%
Cash
12.59% 0.00% 100.00% 65.17%
Stocks
0.00% 0.00% 0.00% 78.09%
Preferred Stocks
0.00% 0.00% 0.00% 78.09%
Other
0.00% 0.00% 10.31% 83.15%
Convertible Bonds
0.00% 0.00% 0.00% 78.09%

Bond Sector Breakdown

Weighting Return Low Return High MOTXX % Rank
Municipal
87.41% 0.00% 100.00% 37.64%
Cash & Equivalents
12.59% 0.00% 100.00% 65.17%
Derivative
0.00% 0.00% 0.00% 78.09%
Securitized
0.00% 0.00% 0.00% 78.09%
Corporate
0.00% 0.00% 0.00% 78.09%
Government
0.00% 0.00% 42.86% 81.46%

Bond Geographic Breakdown

Weighting Return Low Return High MOTXX % Rank
US
87.41% 0.00% 100.00% 32.02%
Non US
0.00% 0.00% 0.00% 78.09%

MOTXX - Expenses

Operational Fees

MOTXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.56% 0.12% 1.18% 23.03%
Management Fee 0.20% 0.08% 0.50% 71.35%
12b-1 Fee N/A 0.00% 0.75% 71.99%
Administrative Fee 0.10% 0.03% 0.55% 70.19%

Sales Fees

MOTXX 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

MOTXX 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.

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

MOTXX - Distributions

Dividend Yield Analysis

MOTXX Category Low Category High MOTXX % Rank
Dividend Yield 0.01% 0.00% 0.00% 78.09%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

MOTXX Category Low Category High MOTXX % Rank
Net Income Ratio 0.01% -0.01% 0.93% 93.79%

Capital Gain Distribution Analysis

MOTXX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Dividend Payout History

View More +

MOTXX - Fund Manager Analysis

Managers

Management Team


Start Date

Tenure

Tenure Rank

Sep 30, 2006

14.76

14.8%

Team Managed

Tenure Analysis

Category Low Category High Category Average Category Mode
1.33 26.97 13.65 14.35