Federated Hermes Government Reserves Fund (GRFXX)
NASDAQ · Mutual Fund · Delayed Price · Currency is USD
1.000
0.00 (0.00%)
Oct 30, 2024, 4:00 PM EDT
| Fund Assets | 7.12B |
| Expense Ratio | 1.02% |
| Min. Investment | $500 |
| Turnover | n/a |
| Dividend (ttm) | 0.04 |
| Dividend Yield | 3.62% |
| Dividend Growth | -17.28% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 31, 2025 |
| Previous Close | 1.000 |
| YTD Return | 0.71% |
| 1-Year Return | 0.71% |
| 5-Year Return | n/a |
| 52-Week Low | 1.000 |
| 52-Week High | 1.000 |
| Beta (5Y) | -52.94 |
| Holdings | 111 |
| Inception Date | Feb 25, 2005 |
About GRFXX
GRFXX was founded on 2005-02-25. The Fund's investment strategy focuses on US Govt Money Mkt with 0.72% total expense ratio. The minimum amount to invest in Federated Hermes Money Market Obligations Trust: Federated Hermes Government Reserves Fund; Class P Shares is $500 on a standard taxable account. Federated Hermes Money Market Obligations Trust: Federated Hermes Government Reserves Fund; Class P Shares seeks current income consistent with stability of principal and liquidity by investing primarily in a portfolio of short- term U.S. Treasury and government agency securities.
Category Money Market
Stock Exchange NASDAQ
Ticker Symbol GRFXX
Share Class Class P Shares
Performance
GRFXX had a total return of 0.71% in the past year, including dividends. Since the fund's inception, the average annual return has been 0.31%.
Top 10 Holdings
58.72% of assets| Name | Symbol | Weight |
|---|---|---|
| Fixed Income Clearing Corporation ("FICC") - BNYM, REPO, 5.330%, 6/3/2024 | n/a | 21.93% |
| Citigroup Global Markets, Inc., REPO, 5.340%, 6/3/2024 | n/a | 9.90% |
| Barclays Bank plc, REPO, 5.330%, 6/3/2024 | n/a | 7.07% |
| BNP Paribas SA, REPO, 5.320%, 6/3/2024 | n/a | 5.60% |
| BofA Securities, Inc., REPO, 5.340%, 6/3/2024 | n/a | 2.73% |
| Citigroup Global Markets, Inc., REPO, 5.350%, 6/5/2024 | n/a | 2.48% |
| BNP Paribas SA, REPO, 5.320%, 6/3/2024 | n/a | 2.39% |
| United States Treasury Notes, 5.526%, 1/31/2025 | n/a | 2.38% |
| Barclays Capital, Inc., REPO, 5.310%, 6/3/2024 | n/a | 2.12% |
| BofA Securities, Inc., REPO, 5.330%, 6/3/2024 | n/a | 2.12% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 31, 2025 | $0.00286 | Jul 31, 2025 |
| Jun 30, 2025 | $0.00276 | Jun 30, 2025 |
| May 30, 2025 | $0.00285 | May 30, 2025 |
| Apr 30, 2025 | $0.00279 | Apr 30, 2025 |
| Mar 31, 2025 | $0.00288 | Mar 31, 2025 |
| Feb 28, 2025 | $0.00261 | Feb 28, 2025 |