Home
Guide
Picks
High Yield
Dates
Monthly
Screener
Resources
CEF
Retire
Channels
Continue to site >
Trending ETFs

Federated Hermes Institutional Prime Obligations Fund

mutual fund
POPXX
Payout Change
Pending
Price as of:
$1.0 +0.0 +0.0%
primary theme
N/A
share class
A (POIXX) Other (PRSXX) Other (POPXX)
POPXX (Mutual Fund)

Federated Hermes Institutional Prime Obligations Fund

Payout Change
Pending
Price as of:
$1.0 +0.0 +0.0%
primary theme
N/A
share class
A (POIXX) Other (PRSXX) Other (POPXX)
POPXX (Mutual Fund)

Federated Hermes Institutional Prime Obligations Fund

Payout Change
Pending
Price as of:
$1.0 +0.0 +0.0%
primary theme
N/A
share class
A (POIXX) Other (PRSXX) Other (POPXX)

Name

As of 08/18/2023

Price

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

Federated Hermes Institutional Prime Obligations Fund

POPXX | Fund

$1.00

$1.08 B

5.27%

$0.05

0.33%

Vitals

YTD Return

2.3%

1 yr return

3.3%

3 Yr Avg Return

1.3%

5 Yr Avg Return

1.8%

Net Assets

$1.08 B

Holdings in Top 10

25.2%

52 WEEK LOW AND HIGH

$1.0
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.33%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A

Min Investment

Standard (Taxable)

$500,000

IRA

N/A

Fund Classification

Fund Type

Money Market Fund

Name

As of 08/18/2023

Price

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

Federated Hermes Institutional Prime Obligations Fund

POPXX | Fund

$1.00

$1.08 B

5.27%

$0.05

0.33%

POPXX - Profile

Distributions

  • YTD Total Return 2.3%
  • 3 Yr Annualized Total Return 1.3%
  • 5 Yr Annualized Total Return 1.8%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 0.05%
DIVIDENDS
  • Dividend Yield 5.3%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Federated Hermes Institutional Prime Obligations Fund
  • Fund Family Name
    Federated
  • Inception Date
    Jun 25, 2012
  • 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, dollar-denominated, fixed-income securities which: (1) are issued by banks and corporations in the U.S. and other countries and the U.S. government; and (2) mature in 397 days or less.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”).
Read More

POPXX - Performance

Return Ranking - Trailing

Period POPXX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.3% 0.0% 0.0% 60.69%
1 Yr 3.3% 0.0% 0.0% 58.62%
3 Yr 1.3%* 0.0% 0.0% 47.41%
5 Yr 1.8%* 0.0% 0.0% 4.96%
10 Yr 1.1%* 0.0% 0.0% 5.19%

* Annualized

Return Ranking - Calendar

Period POPXX Return Category Return Low Category Return High Rank in Category (%)
2025 0.0% 0.0% 0.0% 50.00%
2024 0.0% 0.0% 0.0% 49.31%
2023 0.0% 0.0% 0.0% 50.38%
2022 0.0% 0.0% 0.0% 50.77%
2021 0.0% 0.0% 0.0% 51.15%

Total Return Ranking - Trailing

Period POPXX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.3% 0.0% 3.2% 60.69%
1 Yr 3.3% 0.0% 4.6% 58.62%
3 Yr 1.3%* 0.0% 1.8% 47.41%
5 Yr 1.8%* 0.0% 120.2% 4.96%
10 Yr 1.1%* 0.0% 1.2% 5.19%

* Annualized

Total Return Ranking - Calendar

Period POPXX Return Category Return Low Category Return High Rank in Category (%)
2025 1.4% 0.0% 3.2% 53.25%
2024 0.0% 0.0% 0.1% 41.67%
2023 0.7% 0.0% 1.7% 26.32%
2022 4.3% 0.0% 4868.4% 3.85%
2021 1.9% 0.0% 2.0% 12.21%

NAV & Total Return History

POPXX - Holdings

Concentration Analysis

POPXX Category Low Category High POPXX % Rank
Net Assets 1.08 B 18.3 M 14.9 B 36.25%
Number of Holdings 191 1 345 15.00%
Net Assets in Top 10 3.37 B 5 M 21.7 B 24.38%
Weighting of Top 10 25.24% 14.2% 100.0% 80.00%

Top 10 Holdings

  1. Frbnybo Prime 1 Frbnybo Prime 1 8.11%
  2. Frbnybo Prime 1 Frbnybo Prime 1 8.11%
  3. Frbnybo Prime 1 Frbnybo Prime 1 8.11%
  4. Frbnybo Prime 1 Frbnybo Prime 1 8.11%
  5. Frbnybo Prime 1 Frbnybo Prime 1 8.11%
  6. Frbnybo Prime 1 Frbnybo Prime 1 8.11%
  7. Frbnybo Prime 1 Frbnybo Prime 1 8.11%
  8. Frbnybo Prime 1 Frbnybo Prime 1 8.11%
  9. Frbnybo Prime 1 Frbnybo Prime 1 8.11%
  10. Frbnybo Prime 1 Frbnybo Prime 1 8.11%

Asset Allocation

Weighting Return Low Return High POPXX % Rank
Cash 		94.29% 35.74% 100.00% 41.25%
Bonds 		5.45% 0.00% 64.26% 53.75%
Preferred Stocks 		0.25% 0.00% 1.01% 5.63%
Stocks 		0.00% 0.00% 0.00% 50.63%
Other 		0.00% 0.00% 0.00% 50.63%
Convertible Bonds 		0.00% 0.00% 13.25% 62.50%

Bond Sector Breakdown

Weighting Return Low Return High POPXX % Rank
Cash & Equivalents 		94.29% 35.74% 100.00% 43.75%
Corporate 		2.85% 0.00% 14.24% 26.88%
Municipal 		2.39% 0.00% 49.89% 47.50%
Government 		0.46% 0.00% 30.63% 35.00%
Derivative 		0.00% 0.00% 0.00% 50.63%
Securitized 		0.00% 0.00% 0.98% 52.50%

Bond Geographic Breakdown

Weighting Return Low Return High POPXX % Rank
US 		5.30% 0.00% 64.26% 53.75%
Non US 		0.15% 0.00% 2.90% 25.63%

POPXX - Expenses

Operational Fees

POPXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.33% 0.12% 2.42% 58.28%
Management Fee 0.20% 0.05% 0.57% 70.63%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.10% 0.03% 0.55% 58.16%

Sales Fees

POPXX 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% 5.00% N/A

Trading Fees

POPXX 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.

POPXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 212.00% N/A

POPXX - Distributions

Dividend Yield Analysis

POPXX Category Low Category High POPXX % Rank
Dividend Yield 5.27% 0.00% 1.01% 11.88%

Dividend Distribution Analysis

POPXX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annually Monthly Monthly

Net Income Ratio Analysis

POPXX Category Low Category High POPXX % Rank
Net Income Ratio 0.05% -1.14% 1.97% 18.54%

Capital Gain Distribution Analysis

POPXX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Monthly Annually

Distributions History

View More +

POPXX - Fund Manager Analysis

Managers

Management Team

Start Date

Tenure

Tenure Rank

Sep 30, 2009

12.67

12.7%

Team Managed

Tenure Analysis

Category Low Category High Category Average Category Mode
0.25 41.58 16.36 18.34

Advertisement

×

Wait! Rates are rising, is your portfolio ready?

×