Federated Hermes Institutional Tax-Free Cash Trust Institutional Shares

FFTXX

Tax-ExemptInstitutional
7-day Yield
#511
1.47%
as of 7/10/2025
Net assets
$2.1B
Expense ratio
0.20%
WAM
6
WAL
6
Minimum
$500K
Holding details
88% Variable Rate Demand Notes
2% Municipal Bonds
9% Other Money Market Funds
as of 6/30/2025

Performance

Portfolio Securities

SecurityYield%
Houston, TX Combined Utility System, (Series 2018 C), 2.350%, 5/15/20342.35%3.70%
St. Lucie County, FL PCRB (Florida Power & Light Co.) , (Series 2000), 1.900%, 9/1/20281.90%2.94%
St. James Parish, LA (Nucor Steel Louisiana LLC) , (Series 2010B-1), 2.300%, 11/1/20402.30%2.68%
Pittsburgh & Allegheny County, PA Sports & Exhibition Authority Parking System, (Series A of 2007), 1.800%, 11/1/20381.80%2.58%
Texas State, Veterans Bonds (Series 2022), 2.150%, 6/1/20532.15%2.33%
Perry County, MS (Leaf River Cellulose LLC) , (Series 2021), 1.910%, 10/1/20411.91%2.32%
Brookhaven Development Authority, GA (Children's Healthcare of Atlanta, Inc.) , (Series 2019D), 1.970%, 7/1/20421.97%2.30%
Norfolk, VA EDA (Sentara Health Systems Obligation Group) , (Series 2016B), 2.000%, 11/1/20342.00%1.95%
Fulton County, GA Development Authority (Children's Healthcare of Atlanta, Inc.) , (Series 2008), 2.030%, 7/1/20422.03%1.92%
Rochester, MN Health Care Facility Authority (Mayo Clinic) , (Series A), 1.750%, 11/15/20381.75%1.84%
Metropolitan Transportation Authority, NY (MTA Transportation Revenue) , (Series 2005D-1), 4.050%, 11/1/20354.05%1.73%
Maryland Health and Higher Educational Facilities Authority (University of Maryland Medical System Corporation) , (Series 2025C-2), 1.800%, 7/1/20551.80%1.59%
Pennsylvania State Turnpike Commission, (Series of 2020), 1.920%, 12/1/20391.92%1.47%
Louisiana Public Facilities Authority (Air Products & Chemicals, Inc.) , (Series 2008A), 4.070%, 8/1/20434.07%1.45%
Highlands County, FL Health Facilities Authority (Advent Health System/Sunbelt Obligated Group) , (Series 2012I-3), 1.800%, 11/15/20331.80%1.44%
Indiana State Finance Authority Environmental (Duke Energy Indiana, LLC) , (Series 2009A-4), 3.850%, 12/1/20393.85%1.44%
Highlands County, FL Health Facilities Authority (Advent Health System/Sunbelt Obligated Group) , (Series D-1), 1.890%, 11/15/20551.89%1.42%
Iowa Finance Authority (HF Chlor-Alkali, LLC) , (Series 2012), 1.950%, 12/1/20421.95%1.34%
Texas State, Veterans Bonds (Series 2025B), 1.800%, 12/1/20551.80%1.33%
St. James Parish, LA (Nucor Steel Louisiana LLC) , (Series 2010A-1), 2.160%, 11/1/20402.16%1.28%
West Palm Beach, FL, Utility System Variable Rate Revenue Bonds (Series 2008C), 1.850%, 10/1/20381.85%1.27%
Michigan State Finance Authority (Corewell Health Obligated Group) , (Series 2025D), 2.050%, 1/15/20552.05%1.21%
New York City, NY Transitional Finance Authority, (Fiscal 2013 Subseries A-7), 1.850%, 8/1/20391.85%1.18%
Michigan Strategic Fund (Air Products & Chemicals, Inc.) , (Series 2007), 4.070%, 12/1/20424.07%1.15%
Fulton County, GA Development Authority (Shepherd Center, Inc.) , (Series 2009), 1.950%, 9/1/20351.95%1.12%
Mobile, AL IDB (Alabama Power Co.) , (First Series 2009: Barry Plant), 4.000%, 6/1/20344.00%1.11%
Columbia, AL IDB PCRB (Alabama Power Co.) , (Series 2014-A), 4.000%, 12/1/20374.00%1.03%
New York City, NY, (Fiscal 2010 Series G Subseries G-4), 1.750%, 3/1/20391.75%1.00%
New York City, NY, (Fiscal 2025, Series G-2), 4.050%, 2/1/20554.05%1.00%
Michigan State Hospital Finance Authority (Corewell Health Obligated Group) , (Series C), 1.700%, 1/15/20551.70%0.96%
Mobile County, AL IDA Gulf Opportunity Zone (SSAB Alabama, Inc.) , (Series 2011), 2.030%, 11/1/20312.03%0.90%
Person County, NC Industrial Facilities & Pollution Control Financing Authority (Certainteed Gypsum, Inc.) , (Series 2010), 1.960%, 11/1/20351.96%0.89%
New York City, NY Municipal Water Finance Authority, (Series 2025 EE-1), 3.999%, 6/15/20554.00%0.89%
New York City, NY Transitional Finance Authority, (Fiscal 2019 Subseries B-4), 4.000%, 8/1/20424.00%0.87%
Escambia County, FL Solid Waste Disposal (Florida Power & Light Co.) , Gulf Power Company Project (Series 2009), 1.900%, 4/1/20391.90%0.81%
Columbia, AL IDB PCRB (Alabama Power Co.) , (Series C), 4.000%, 12/1/20374.00%0.77%
New York City, NY Municipal Water Finance Authority, (Series 2013AA-2), 1.750%, 6/15/20461.75%0.76%
Texas State, Veterans Bonds (Series 2023), 2.150%, 6/1/20542.15%0.76%
Alaska State Housing Finance Corp., (Series 2001B), 1.870%, 12/1/20301.87%0.75%
Harris County, TX Cultural Education Facilities Finance Corp. (Texas Children's Hospital) , (Series 2015-3), 2.000%, 10/1/20452.00%0.70%
Yavapai County, AZ IDA - Recovery Zone Facility (Skanon Investments, Inc.) , (Series 2010: Drake Cement Project), 2.000%, 9/1/20352.00%0.64%
New York City, NY, (Fiscal 2012 Series A-4), 1.750%, 8/1/20381.75%0.64%
Allen County, OH (Bon Secours Mercy Health) , (Series 2025D), 3.900%, 11/1/20503.90%0.64%
New York City Housing Development Corp., Sustainable Development (Series I-3), 1.950%, 11/1/20601.95%0.64%
Port Arthur Navigation District, TX IDC (Air Products LP) , (Series 2005), 4.070%, 5/1/20404.07%0.62%
Columbia, AL IDB PCRB (Alabama Power Co.) , (Series 2014-B), 4.000%, 12/1/20374.00%0.60%
Port of Tacoma, WA, (Series 2008B), 2.050%, 12/1/20442.05%0.60%
New York City Housing Development Corp., (Series L-1), 1.950%, 5/1/20501.95%0.58%
New York City, NY Municipal Water Finance Authority, Second General Resolution (Fiscal 2009 Series BB-2), 3.900%, 6/15/20393.90%0.53%
Michigan Strategic Fund (Kroger Co.) , (Series 2010), 1.960%, 1/1/20261.96%0.52%
New York City, NY, (Subseries A-7), 4.030%, 8/1/20444.03%0.52%
West Virginia State Hospital Finance Authority (Cabell Huntington Hospital Obligated Group) , (Series 2008A), 2.000%, 1/1/20342.00%0.51%
West Virginia State Hospital Finance Authority (Charleston Area Medical Center, Inc.) , (Series 2008A), 2.000%, 9/1/20372.00%0.51%
Cobb County, GA Hospital Authority (Wellstar Health System, Inc.) , (Series 2004), 1.920%, 4/1/20341.92%0.48%
Appleton, WI (Foremost Farms) , (Series 2010), 2.030%, 5/1/20372.03%0.48%
Johnson City, TN Health & Education Facilities Board (Ballad Health) , (Series 2022B), 1.850%, 7/1/20451.85%0.48%
Baton Rouge, LA Industrial Development Board (Exxon Mobil Corp.) , (Series 2010B), 4.070%, 12/1/20404.07%0.46%
Manatee County, FL (Florida Power & Light Co.) , 1.900%, 9/1/20291.90%0.44%
Maryland State Health & Higher Educational Facilities Authority, (Series 1985B), 2.000%, 4/1/20352.00%0.43%
Austin, TX (Austin, TX Hotel Occupancy Tax) , Subordinate Lien Variable Rate Revenue Refunding Bonds (Series 2008-B), 1.900%, 11/15/20291.90%0.41%
Charlotte-Mecklenburg Hospital Authority, NC (Atrium Health (previously Carolinas HealthCare) System) , (Series 2018G), 4.000%, 1/15/20484.00%0.41%
New York City, NY Municipal Water Finance Authority, 3.900%, 6/15/20493.90%0.41%
Rochester, MN Health Care Facility Authority (Mayo Clinic) , (Series B), 1.750%, 11/15/20381.75%0.40%
Iowa Finance Authority (Cargill, Inc.) , Midwestern Disaster Area Economic Development Revenue Bonds (Series 2011A), 1.950%, 6/1/20391.95%0.40%
Hillsborough County, FL IDA (Baycare Health System, Inc.) , (Series 2020B), 3.950%, 11/1/20383.95%0.38%
Minneapolis, MN (One Ten Grant Project) , Variable Rate Housing Revenue Bonds, 1.920%, 9/1/20261.92%0.37%
JEA, FL Water & Sewer System, (2008 Series A-2: Subordinate Revenue Bonds), 1.920%, 10/1/20381.92%0.37%
Pennsylvania State Turnpike Commission, (Second Series of 2019), 1.920%, 12/1/20381.92%0.37%
Texas State, Veterans' Housing Assistance Program, Fund II (Series 2008B), 2.100%, 12/1/20382.10%0.37%
University of North Carolina at Chapel Hill (University of North Carolina Hospitals) , (Series 2001A), 3.950%, 2/15/20313.95%0.36%
Harris County, TX HFDC (Methodist Hospital, Harris County, TX) , (Subseries 2008A-1), 4.000%, 12/1/20414.00%0.36%
Cobb County, GA Hospital Authority (Wellstar Health System, Inc.) , (Series 2006), 1.920%, 4/1/20361.92%0.35%
Illinois Finance Authority (Advocate Aurora Health) , (Series 2008C-2B), 1.700%, 11/1/20381.70%0.35%
Ohio State Higher Educational Facility Commission (Cleveland Clinic) , (Series D-2), 1.750%, 1/1/20521.75%0.35%
Highlands County, FL Health Facilities Authority (Advent Health System/Sunbelt Obligated Group) , (Series D-2), 1.750%, 11/15/20551.75%0.35%
Valdez, AK Marine Terminal (Exxon Pipeline Co.) , (Series 1993 B), 4.050%, 12/1/20334.05%0.34%
New York City, NY, (Fiscal 2022 Subseries D-4), 4.020%, 5/1/20524.02%0.34%
Virginia Commonwealth University Health System Authority, (Series 2024B), 3.950%, 7/1/20373.95%0.33%
Jacksonville, FL PCR (Florida Power & Light Co.) , (Series 1994), 1.900%, 9/1/20291.90%0.32%
Virginia College Building Authority (University of Richmond) , (Series 2004), 1.950%, 8/1/20341.95%0.32%
Sevier County, TN Public Building Authority, (Series V-B-1), 2.150%, 6/1/20352.15%0.32%
Albemarle County, VA Economic Development Authority (Sentara Health Systems Obligation Group) , (Series 2018A), 2.000%, 10/1/20482.00%0.32%
Metropolitan Transportation Authority, NY (MTA Transportation Revenue) , (Subseries 2015 E-1), 3.900%, 11/15/20503.90%0.32%
Indiana State Finance Authority Hospital Revenue (Parkview Health System Obligated Group) , (Series 2009D), 3.950%, 11/1/20393.95%0.31%
Virginia Small Business Financing Authority (Carilion Health System Obligated Group) , (Series 2008B), 3.950%, 7/1/20423.95%0.31%
Minneapolis, MN (Fairview Health Services) , (Series 2018B), 1.800%, 11/15/20481.80%0.31%
Ohio State (Capital Facilities Lease-Appropriation -Adult Correction Building Fund) , (Series C), 1.900%, 10/1/20361.90%0.30%
New York City, NY Transitional Finance Authority, (Fiscal 2015 Subseries E-3), 4.000%, 2/1/20454.00%0.30%
JEA, FL Water & Sewer System, (2008 Series A-2: Senior Revenue Bonds), 2.050%, 10/1/20422.05%0.28%
Connecticut State HFA, (Subseries C-3), 1.920%, 11/15/20451.92%0.27%
Illinois Finance Authority (Advocate Aurora Health) , (Subseries C-3A), 2.000%, 11/1/20382.00%0.26%
Tuscaloosa County, AL Port Authority (Tuscaloosa Riverfront Development, LLC) , (Series 2007: Gulf Opportunity Zone Bonds), 1.970%, 5/1/20301.97%0.25%
Loudoun County, VA IDA (Howard Hughes Medical Institute) , (Series 2003E), 2.000%, 2/15/20382.00%0.25%
Moorhead, MN (American Crystal Sugar Co.) , Series 2020, 2.030%, 6/1/20402.03%0.24%
Louisiana Public Facilities Authority (Air Products & Chemicals, Inc.) , (Series 2008C), 4.000%, 12/1/20434.00%0.24%
New York City, NY, Fiscal 2017 (Subseries A-60), 4.020%, 8/1/20444.02%0.24%
Arizona Health Facilities Authority (Banner Health) , (Series 2015C), 4.000%, 1/1/20464.00%0.24%
South Carolina Jobs-EDA (Prisma Health Obligated Group) , (Series C), 3.950%, 5/1/20483.95%0.24%
Butler County, PA General Authority (South Park School District) , (Series 2011), 1.800%, 8/1/20271.80%0.23%
New York City, NY Transitional Finance Authority, (Fiscal 2023 Subseries A-3), 4.000%, 8/1/20524.00%0.23%
New York City, NY Municipal Water Finance Authority, (Subseries EE-1), 3.950%, 6/15/20553.95%0.23%
Philadelphia, PA Authority for Industrial Development, (Series 2007B-2), 1.920%, 10/1/20301.92%0.22%
Fairfax County, VA EDA (Mount Vernon Ladies' Association of the Union) , (Series 2007), 1.950%, 6/1/20371.95%0.21%
Valparaiso, IN (Pines Village Retirement Community, Inc.) , (Series 2008), 2.200%, 5/1/20382.20%0.21%
Hillsborough County, FL IDA (Baycare Health System, Inc.) , (Series 2020C), 2.000%, 11/1/20382.00%0.21%
Wisconsin Public Finance Authority (Moses H. Cone Memorial) , (Series 2023B), 4.000%, 10/1/20554.00%0.21%
Harris County, TX Education Facilities Finance Corp. (Methodist Hospital, Harris County, TX) , (Series 2020B), 4.000%, 12/1/20594.00%0.21%
Little Rock, AR Metrocentre Improvement District #1 (Wehco Media, Inc.) , (Series 1985), 4.050%, 12/1/20254.05%0.20%
Iowa Finance Authority (Cargill, Inc.) , (Series 2009B), 1.950%, 9/1/20361.95%0.20%
District of Columbia (Carnegie Endowment for International Peace) , (Series 2006), 1.950%, 11/1/20451.95%0.20%
Orange County, FL, Health Facilities Authority (Orlando Health, Inc.) , (Series 2008E), 2.000%, 10/1/20262.00%0.19%
Louisiana Local Government Environmental Facilities CDA (Isidore Newman School) , (Series 2002), 2.900%, 8/1/20272.90%0.19%
Emmaus, PA General Authority, (Series 1996), 2.000%, 12/1/20282.00%0.18%
South Carolina Jobs-EDA (Brashier Charter, LLC) , (Series 2008), 1.950%, 12/1/20381.95%0.18%
Aurora, IL Economic Development Revenue (Aurora University) , (Series 2019), 1.920%, 3/1/20491.92%0.18%
Monroe County, GA Development Authority (Florida Power & Light Co.) , Pollution Control Revenue Bonds (First Series 2010), 2.100%, 6/1/20492.10%0.18%
Metropolitan Transportation Authority, NY (MTA Dedicated Tax Fund) , (Subseries 2008A-2a), 3.950%, 11/1/20263.95%0.16%
New York City, NY Transitional Finance Authority, Fiscal 2016 Subseries A-4), 4.050%, 8/1/20414.05%0.16%
Mississippi Business Finance Corp. (Florida Power & Light Co.) , (1st Series 2019), 2.300%, 4/1/20442.30%0.16%
New York City, NY Municipal Water Finance Authority, Fiscal 2023 (Subseries BB-1), 3.900%, 6/15/20443.90%0.16%
National Finance Authority, NH (Novant Health Obligated Group) , (Series 2024C), 1.920%, 11/1/20641.92%0.15%
Mobile, AL IDB (HighProv, LLC) , (Series 2006), 2.100%, 8/1/20312.10%0.14%
Blount County, TN Public Building Authority (Monroe County, TN) , (Series E-7-A), 2.150%, 6/1/20392.15%0.14%
Maricopa County, AZ, IDA (DC Paloma 2 LLC) , (Series 2009), 1.950%, 3/1/20361.95%0.13%
New York State HFA (600 West 42nd Street) , (2009 Series A), 2.000%, 5/15/20412.00%0.13%
St. Tammany Parish Development District, LA (Main Street Holdings of St.Tammany, LLC) , (Series 2006A), 2.100%, 12/1/20422.10%0.13%
Lynchburg, VA Economic Development Authority (Centra Health Obligated Group) , (Series 2017C), 1.920%, 1/1/20471.92%0.13%
Iowa Finance Authority (Cargill, Inc.) , Midwestern Disaster Area Economic Development Revenue Bonds (Series 2009A), 1.950%, 6/1/20361.95%0.12%
Loudoun County, VA IDA (Howard Hughes Medical Institute) , (Series 2003D), 2.000%, 2/15/20382.00%0.12%
Orange County, FL, Health Facilities Authority (Lakeside Behavioral Healthcare, Inc.) , (Series 2008), 1.950%, 7/1/20271.95%0.11%
Butler County, PA IDA (Concordia Lutheran Obligated Group) , (Series A of 2008), 1.980%, 10/1/20301.98%0.11%
Louisiana Local Government Environmental Facilities CDA (The Christ Episcopal Church in Covington) , (Series 2004), 2.900%, 8/1/20342.90%0.11%
Inver Grove Heights, MN (PHM/Inver Grove, Inc) , (Series 2005), 1.890%, 5/15/20351.89%0.11%
Charlotte-Mecklenburg Hospital Authority, NC (Atrium Health (previously Carolinas HealthCare) System) , (Series 2007B), 4.000%, 1/15/20384.00%0.11%
Louisiana State Gas & Fuels Second Lien, (Series 2023 A-2), 3.950%, 5/1/20433.95%0.11%
New York City, NY Municipal Water Finance Authority, (Fiscal 2014 AA-3 Bonds), 3.950%, 6/15/20493.95%0.11%
New York City, NY Municipal Water Finance Authority, (2014 Series AA-1), 4.000%, 6/15/20504.00%0.10%
New York City, NY Municipal Water Finance Authority, (Series 2015 BB-4), 3.900%, 6/15/20503.90%0.09%
Illinois Development Finance Authority (North Shore Senior Center) , (Series 1999), 2.150%, 8/1/20292.15%0.08%
Delaware County, PA IDA (United Parcel Service, Inc.) , (Series 2015), 4.050%, 9/1/20454.05%0.08%
Cherokee County, GA Development Authority (Goodwill of North Georgia, Inc.) , (Series 2008), 1.950%, 8/1/20331.95%0.06%
Valdez, AK Marine Terminal (Exxon Pipeline Co.) , (Series 1993 A), 4.050%, 12/1/20334.05%0.06%
Arizona State IDA (Phoenix Children's Hospital) , (Series 2019B), 3.950%, 2/1/20483.95%0.06%
Martin County, FL (Florida Power & Light Co.) , (Series 2022), 2.070%, 7/1/20522.07%0.06%
New York City, NY Transitional Finance Authority, (Fiscal 2025 Subseries C-4), 1.920%, 5/1/20531.92%0.06%
New York City, NY Municipal Water Finance Authority, (Subseries CC), 3.900%, 6/15/20533.90%0.06%
Washington County, NE (Cargill, Inc.) , (Series 2010), 1.950%, 8/1/20401.95%0.05%
Blount County, TN Public Building Authority (Bradley County, TN) , (Series E-6-A), 2.150%, 6/1/20262.15%0.04%
Maryland State Health & Higher Educational Facilities Authority (University of Maryland Medical System Corporation) , (Series 2008D), 3.950%, 7/1/20413.95%0.04%
Hammond Area, LA Economic & Industrial Development District (AGEM Management Services LLC) , 2.100%, 3/1/20332.10%0.03%
New York City, NY Municipal Water Finance Authority, (Series 2010CC), 3.950%, 6/15/20413.95%0.03%
Arizona State IDA (Phoenix Children's Hospital) , (Series 2019A), 3.950%, 2/1/20483.95%0.03%
Colorado State Health Facilities Authority (Intermountain Healthcare Obligated Group) , (Series 2024-E), 3.950%, 5/15/20643.95%0.03%
New York City, NY Transitional Finance Authority, (Series 2015A-3), 4.010%, 8/1/20434.01%0.02%
Alaska State Housing Finance Corp., (Series 2001A), 1.870%, 12/1/20301.87%0.00%
Nuveen Enhanced AMT-Free Quality Municipal Income Fund, (Series 4) MuniFund Preferred Shares, 2.000%, 9/11/20262.00%3.19%
Nuveen AMT-Free Municipal Credit Income Fund, (Series 2) MuniFund Preferred Shares, 1.990%, 12/1/20401.99%1.44%
Nuveen New York AMT-Free Quality Municipal Income Fund, (Series 1), 1.970%, 8/1/20401.97%1.29%
Nuveen AMT-Free Municipal Credit Income Fund, (Series 5) MuniFund Preferred Shares, 1.970%, 12/1/20401.97%1.15%
Nuveen AMT-Free Municipal Credit Income Fund, (Series 4) MuniFund Preferred Shares, 1.980%, 6/1/20461.98%0.77%
Nuveen Enhanced AMT-Free Quality Municipal Income Fund, VRDP (Series 5-1000), 1.980%, 10/1/20461.98%0.64%
Nuveen AMT-Free Municipal Credit Income Fund, 1.990%, 12/1/20431.99%0.45%
Nuveen Enhanced AMT-Free Quality Municipal Income Fund, (Series 3), 2.010%, 3/1/20402.01%0.29%
Nuveen New York AMT-Free Quality Municipal Income Fund, (Series 2), 1.970%, 8/1/20401.97%0.26%
Harris County, TX Cultural Education Facilities Finance Corp. (Methodist Hospital, Harris County, TX) , (Subseries 2009C-1), 3.970%, 7/1/20253.97%1.61%
Massachusetts Bay Transportation Authority Sales Tax Revenue, (Series B), 2.750%, 7/7/20252.75%0.32%
Jacksonville, FL EDC (JEA, FL Electric System) , (Series 2000-A), 1.970%, 7/3/20251.97%0.13%