Federated Hermes Government Reserves B
Name
As of 02/03/2023Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
0.0%
1 yr return
0.0%
3 Yr Avg Return
0.0%
5 Yr Avg Return
0.0%
Net Assets
$11.2 B
Holdings in Top 10
62.7%
52 WEEK LOW AND HIGH
$1.0
$1.00
$1.00
Expenses
OPERATING FEES
Expense Ratio 1.27%
SALES FEES
Front Load N/A
Deferred Load 5.50%
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,500
IRA
$250
Fund Classification
Fund Type
Money Market Fund
Name
As of 02/03/2023Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
GRBXX - Profile
Distributions
- YTD Total Return 0.0%
- 3 Yr Annualized Total Return 0.0%
- 5 Yr Annualized Total Return 0.0%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 0.01%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameFederated Hermes Government Reserves Fund
-
Fund Family NameFederated
-
Inception DateJul 20, 2015
-
Shares OutstandingN/A
-
Share ClassB
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerManagement Team
Fund Description
The Fund invests in a portfolio of U.S. Treasury and government securities maturing in 397 days or less and repurchase agreements collateralized fully by U.S. Treasury and government securities. The Fund may also hold cash.Certain of the government securities in which the Fund invests are not backed by the full faith and credit of the U.S. government, such as those issued by the Federal Home Loan Mortgage Corporation (“Freddie Mac”), the Federal National Mortgage Association (“Fannie Mae”) and the Federal Home Loan Bank System. These entities are, however, supported through federal subsidies, loans or other benefits. The Fund may also invest in government securities that are supported by the full faith and credit of the U.S. government, such as those issued by the Government National Mortgage Association (“Ginnie Mae”). Finally, the Fund may invest in certain government securities that are issued by entities whose activities are sponsored by the federal government, but that have no explicit financial support.In pursuing its investment objective and implementing its investment strategies, the Fund will comply with Rule 2a-7 under the Investment Company Act of 1940 (“Rule 2a-7”).The Fund will operate as a “government money market fund,” as such term is defined in or interpreted under Rule 2a-7 under the Investment Company Act of 1940, as amended (the “1940 Act”). “Government money market funds” are required to invest at least 99.5% of their total assets in (i) cash, (ii) securities issued or guaranteed by the United States or certain U.S. government agencies or instrumentalities and/or (iii) repurchase agreements that are collateralized fully. Government money market funds are exempt from requirements that permit money market funds to impose a liquidity fee and/or temporary redemption gates.The Fund has not elected to be subject to the liquidity fees and gates requirement at this time.Under normal conditions, the Fund will invest its assets so that at least 80% of its net assets (plus any borrowing for investment purposes) are invested in government securities and/or repurchase agreements that are collateralized fully by government securities. The Fund will notify shareholders at least 60 days in advance of any change in this investment policy.
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GRBXX - Performance
Return Ranking - Trailing
Period | GRBXX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 0.0% | 0.0% | 0.4% | 11.11% |
1 Yr | 0.0% | 0.0% | 1.7% | 12.06% |
3 Yr | 0.0%* | 0.0% | 0.9% | 11.65% |
5 Yr | 0.0%* | 0.0% | 1.1% | 12.37% |
10 Yr | N/A* | 0.0% | 0.5% | N/A |
* Annualized
Return Ranking - Calendar
Period | GRBXX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 0.0% | 0.0% | 1.2% | 10.60% |
2022 | 0.0% | 0.0% | 0.0% | 11.79% |
2021 | 0.0% | 0.0% | 0.1% | 11.36% |
2020 | 0.0% | 0.0% | 0.5% | 11.26% |
2019 | 0.0% | 0.0% | 0.3% | 10.84% |
Total Return Ranking - Trailing
Period | GRBXX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 0.0% | 0.0% | 0.4% | 11.11% |
1 Yr | 0.0% | 0.0% | 1.7% | 12.06% |
3 Yr | 0.0%* | 0.0% | 0.9% | 11.65% |
5 Yr | 0.0%* | 0.0% | 1.1% | 11.54% |
10 Yr | N/A* | 0.0% | 0.5% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | GRBXX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 0.0% | 0.0% | 1.2% | 10.60% |
2022 | 0.0% | 0.0% | 0.0% | 11.79% |
2021 | 0.0% | 0.0% | 0.1% | 11.36% |
2020 | 0.0% | 0.0% | 0.5% | 11.26% |
2019 | 0.0% | 0.0% | 0.3% | 9.97% |
NAV & Total Return History
GRBXX - Holdings
Concentration Analysis
GRBXX | Category Low | Category High | GRBXX % Rank | |
---|---|---|---|---|
Net Assets | 11.2 B | 136 K | 281 B | 56.04% |
Number of Holdings | 108 | 1 | 346 | 25.52% |
Net Assets in Top 10 | 7.57 B | -343 K | 163 B | 54.20% |
Weighting of Top 10 | 62.72% | 22.7% | 100.0% | 49.64% |
Top 10 Holdings
- Frbny .05 1/3/2022 47.03%
- Frbny .05 1/3/2022 47.03%
- Frbny .05 1/3/2022 47.03%
- Frbny .05 1/3/2022 47.03%
- Frbny .05 1/3/2022 47.03%
- Frbny .05 1/3/2022 47.03%
- Frbny .05 1/3/2022 47.03%
- Frbny .05 1/3/2022 47.03%
- Frbny .05 1/3/2022 47.03%
- Frbny .05 1/3/2022 47.03%
Asset Allocation
Weighting | Return Low | Return High | GRBXX % Rank | |
---|---|---|---|---|
Cash | 74.28% | 25.56% | 100.00% | 59.09% |
Bonds | 25.72% | 0.00% | 74.44% | 34.79% |
Stocks | 0.00% | 0.00% | 0.00% | 11.19% |
Preferred Stocks | 0.00% | 0.00% | 0.00% | 11.19% |
Other | 0.00% | -1.67% | 0.04% | 12.94% |
Convertible Bonds | 0.00% | 0.00% | 21.22% | 24.83% |
Bond Sector Breakdown
Weighting | Return Low | Return High | GRBXX % Rank | |
---|---|---|---|---|
Cash & Equivalents | 74.28% | 0.00% | 100.00% | 57.52% |
Government | 25.72% | 0.00% | 44.30% | 31.47% |
Derivative | 0.00% | 0.00% | 0.00% | 11.19% |
Securitized | 0.00% | 0.00% | 1.75% | 13.11% |
Corporate | 0.00% | 0.00% | 100.00% | 32.34% |
Municipal | 0.00% | 0.00% | 22.71% | 18.36% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | GRBXX % Rank | |
---|---|---|---|---|
US | 25.72% | 0.00% | 72.86% | 34.79% |
Non US | 0.00% | 0.00% | 3.45% | 16.08% |
GRBXX - Expenses
Operational Fees
GRBXX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.27% | 0.01% | 1.58% | 1.41% |
Management Fee | 0.20% | 0.00% | 0.50% | 64.86% |
12b-1 Fee | 0.75% | 0.00% | 1.00% | 92.53% |
Administrative Fee | 0.10% | 0.01% | 0.55% | 60.42% |
Sales Fees
GRBXX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 5.75% | 5.75% | N/A |
Deferred Load | 5.50% | 1.00% | 5.50% | 3.85% |
Trading Fees
GRBXX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 5.00% | 5.00% | 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.
GRBXX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 0.00% | 485.00% | N/A |
GRBXX - Distributions
Dividend Yield Analysis
GRBXX | Category Low | Category High | GRBXX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 4.87% | 46.58% |
Dividend Distribution Analysis
GRBXX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
GRBXX | Category Low | Category High | GRBXX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.01% | -1.09% | 1.67% | 33.69% |
Capital Gain Distribution Analysis
GRBXX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Nov 30, 2022 | $0.002 | DailyAccrualFund |
Oct 31, 2022 | $0.001 | DailyAccrualFund |
Sep 30, 2022 | $0.001 | DailyAccrualFund |
Aug 31, 2022 | $0.001 | DailyAccrualFund |
Jul 29, 2022 | $0.000 | DailyAccrualFund |
Jun 30, 2022 | $0.000 | DailyAccrualFund |
May 31, 2022 | $0.000 | DailyAccrualFund |
Apr 29, 2022 | $0.000 | DailyAccrualFund |
Feb 28, 2020 | $0.000 | DailyAccrualFund |
Jan 31, 2020 | $0.000 | DailyAccrualFund |
Dec 31, 2019 | $0.000 | DailyAccrualFund |
Nov 29, 2019 | $0.000 | DailyAccrualFund |
Oct 31, 2019 | $0.001 | DailyAccrualFund |
Sep 30, 2019 | $0.001 | DailyAccrualFund |
Aug 30, 2019 | $0.001 | DailyAccrualFund |
Jul 31, 2019 | $0.001 | DailyAccrualFund |
May 31, 2019 | $0.001 | DailyAccrualFund |
Apr 30, 2019 | $0.009 | DailyAccrualFund |
Mar 29, 2019 | $0.001 | DailyAccrualFund |
Feb 28, 2019 | $0.001 | DailyAccrualFund |
Jan 31, 2019 | $0.001 | DailyAccrualFund |
Dec 31, 2018 | $0.001 | DailyAccrualFund |
Nov 30, 2018 | $0.001 | DailyAccrualFund |
Oct 31, 2018 | $0.001 | DailyAccrualFund |
Aug 31, 2018 | $0.001 | DailyAccrualFund |
Jul 31, 2018 | $0.001 | DailyAccrualFund |
Jun 29, 2018 | $0.001 | DailyAccrualFund |
May 31, 2018 | $0.000 | DailyAccrualFund |
Apr 30, 2018 | $0.000 | DailyAccrualFund |
Mar 29, 2018 | $0.000 | DailyAccrualFund |
Feb 28, 2018 | $0.000 | DailyAccrualFund |
Jan 31, 2018 | $0.000 | DailyAccrualFund |