Federated Hermes Capital Reserves Fund

FRFXX

PrimeRetail
7-day Yield
#463
2.90%
as of 3/31/2026
Net assets
$2.8B
Expense ratio
1.02%
WAM
46
WAL
57
Minimum
$500
Holding details
16% Agency Repos
9% Variable Rate Demand Notes
4% Tender Option Bonds
12% CDs
15% Financial CP
9% Asset-Backed CP
20% Non-Financial CP
3% Other Instruments
as of 3/31/2026

Performance

Portfolio Securities

SecurityYield%
Avangrid, Inc., 3.950%, 4/1/20264.01%3.61%
Eaton Corp., 4.060%, 4/6/20264.02%1.80%
UnitedHealth Group, Inc., 3.700%, 4/1/20263.76%1.44%
PPG Industries, Inc., 4.130%, 5/6/20264.11%1.44%
Nutrien Ltd., 3.830%, 4/2/20264.06%1.26%
Waste Management, Inc., 4.050%, 4/13/20264.07%1.22%
Nutrien Ltd., 3.830%, 4/6/20264.09%1.08%
BASF SE, 3.850%, 6/10/20264.18%1.07%
Philip Morris International, Inc., 3.700%, 4/7/20263.76%0.99%
Exxon Mobil Corp., 3.730%, 4/7/20263.72%0.90%
Southern Co. Gas Capital, 4.050%, 4/7/20264.07%0.72%
Waste Management, Inc., 4.050%, 4/9/20264.06%0.72%
NextEra Energy Capital Holdings, Inc., 3.870%, 4/21/20264.10%0.72%
Duke Energy Corp., 3.800%, 4/1/20263.92%0.54%
NextEra Energy Capital Holdings, Inc., 3.820%, 4/8/20264.04%0.54%
Mondelez International, Inc., 3.980%, 4/1/20264.01%0.36%
Duke Energy Corp., 3.810%, 4/2/20263.92%0.36%
Eaton Corp., 4.140%, 4/6/20264.02%0.36%
Duke Energy Corp., 3.810%, 4/7/20263.94%0.36%
PPG Industries, Inc., 4.120%, 4/10/20264.06%0.36%
PPG Industries, Inc., 4.120%, 4/14/20264.07%0.36%
Citigroup Global Markets, Inc., REPO, 3.670%, 4/1/20263.72%7.76%
BNP Paribas SA, REPO, 3.670%, 4/1/20263.72%4.51%
Barclays Bank plc, REPO, 3.670%, 4/1/20263.72%4.04%
Caterpillar Financial Services Corp., 3.690%, 4/1/20263.71%4.87%
National Bank of Canada, 3.660%, 1/29/20274.06%1.57%
American Honda Finance Corp., 3.870%, 4/10/20264.05%1.44%
American Honda Finance Corp., 3.830%, 5/13/20264.16%1.04%
Toyota Motor Credit Corp., 3.870%, 7/27/20263.95%0.89%
National Bank of Canada, 3.650%, 1/8/20274.05%0.87%
National Bank of Canada, 3.635%, 2/10/20274.06%0.87%
Westpac Banking Corp. Ltd., 3.985%, 8/6/20263.97%0.71%
American Honda Finance Corp., 4.030%, 4/10/20264.05%0.69%
HSBC USA, Inc., 3.840%, 8/17/20264.09%0.53%
Westpac Banking Corp. Ltd., 3.820%, 9/22/20263.98%0.53%
BofA Securities, Inc., 3.720%, 10/9/20264.06%0.42%
ING (U.S.) Funding LLC, 3.950%, 4/1/20263.95%0.36%
Bank of Montreal, 4.410%, 6/9/20264.41%1.81%
Westpac Banking Corp. Ltd., 3.860%, 10/6/20264.00%1.80%
Royal Bank of Canada, Three World Financial Center Branch, 3.910%, 10/7/20264.00%1.80%
Toronto Dominion Bank, 4.400%, 7/17/20263.91%1.44%
Canadian Imperial Bank of Commerce, 3.970%, 7/13/20263.97%1.08%
Bank of Nova Scotia, 3.930%, 2/22/20274.04%1.08%
Toronto Dominion Bank, 3.780%, 11/16/20264.07%0.90%
Royal Bank of Canada, 4.000%, 3/12/20274.13%0.72%
Canadian Imperial Bank of Commerce, 3.940%, 11/3/20264.06%0.54%
Canadian Imperial Bank of Commerce, 3.800%, 1/13/20274.09%0.40%
Westpac Banking Corp. Ltd., 3.840%, 12/8/20264.05%0.36%
Toronto Dominion Bank, 4.250%, 3/24/20274.11%0.36%
Canadian Imperial Bank of Commerce, 4.250%, 3/22/20274.12%0.18%
Nuveen Preferred Securities Income Fund, Nuveen Preferred Income Opportunities Fund, Variable Rate Demand Note (Series A), 3.770%, 7/1/20323.77%1.80%
Nuveen Preferred Income Opportunities Fund, Taxable Preferred Shares (Series A), 3.790%, 8/1/20373.74%1.35%
Opler 2013 Irrevocable Trust, Series 2024, 3.950%, 2/1/20444.00%1.07%
Rockcrest, LLC, 3.950%, 9/1/20423.95%1.00%
EG Irrevocable Life Insurance Trust, 3.950%, 4/1/20423.95%0.64%
Mason Harrison Ratliff Enterprises, LLC, 3.950%, 9/1/20433.95%0.63%
Nuveen Credit Strategies Income Fund, Taxable Preferred Shares (Series A), 3.770%, 7/1/20323.72%0.54%
Texas State, Veterans Bonds (Taxable Series 2023A), 3.720%, 12/1/20543.72%0.49%
Yavapai County, AZ IDA - Recovery Zone Facility (Drake Cement LLC) , Taxble (Series 2015), 3.800%, 9/1/20353.80%0.47%
Connecticut Water Co., Series 2004, 3.880%, 1/4/20293.88%0.41%
The Niki Woomer Trust Dated July 16, 2025, 3.900%, 11/1/20453.90%0.39%
Roberts Insurance Trusts, LLC, 3.800%, 5/1/20483.80%0.22%
Acme Manufacturing Company, Inc., Colorado Health Facilities Authority, Series 2016B, 4.270%, 5/1/20414.27%0.02%
Thunder Bay Funding, LLC, 3.870%, 5/11/20263.83%3.61%
Fairway Finance Co. LLC, 3.930%, 4/1/20263.73%1.08%
Collateralized Commercial Paper V Co. LLC, 3.980%, 9/1/20263.94%0.90%
Starbird Funding Corp., 3.750%, 6/12/20263.95%0.89%
Bedford Row Funding Corp., 3.930%, 9/9/20264.04%0.89%
Old Line Funding, LLC, 3.840%, 9/21/20264.06%0.88%
Old Line Funding, LLC, 3.840%, 7/16/20264.02%0.68%
Taxable Muni Funding Trust 2024-010, (Series 2034-010), 3.970%, 6/30/20283.97%1.44%
Taxable Muni Funding Trust 2020-011, (Series 2020-011), 3.970%, 9/1/20303.97%0.55%
Taxable Muni Funding Trust 2021-008, Barclays Taxable Trust (Series 2021-008), 3.970%, 9/1/20313.97%0.48%
Taxable Muni Funding Trust 2019-007, Taxable Municipal Funding Trust (Series 2019-007), 3.970%, 5/1/20293.97%0.44%
Taxable Muni Funding Trust 2021-010, (Series 2021-010), 3.970%, 12/15/20273.97%0.32%
Taxable Tender Option Bond Trust 2021-MIZ9064TX, (Series 2021-MIZ9064TX), 4.080%, 11/1/20564.08%0.23%
Taxable Tender Option Bond Trust 2022-MIZ9084TX, (Series 2022-MIZ9084TX), 4.080%, 2/1/20274.08%0.19%
Taxable Tender Option Bond Trust 2022-MIZ9094TX, (Series 2022-MIZ9094TX), 4.080%, 12/1/20594.08%0.10%
Taxable Muni Funding Trust 2021-002, Barclays Taxable Muni Funding Trust (Series 2021-002), 3.970%, 5/15/20563.97%0.07%
Bank of America N.A., 4.170%, 8/4/20264.17%1.44%
Bank of America N.A., 4.390%, 7/6/20264.39%0.90%
Toyota Motor Credit Corp., 3.960%, 8/18/20263.96%0.79%
HSBC Securities (USA), Inc., 3.740%, 4/1/20263.79%4.33%
BNP Paribas SA, 3.670%, 4/1/20263.72%3.93%
Citigroup Global Markets, Inc., 4.030%, 5/5/20264.09%0.90%
Wells Fargo Securities LLC, 4.180%, 6/24/20264.24%0.90%
BofA Securities, Inc., 4.260%, 6/29/20264.32%0.90%
Wells Fargo Securities LLC, 4.180%, 6/29/20264.24%0.90%
Citigroup Global Markets, Inc., 4.040%, 5/5/20264.10%0.36%
Mizuho Securities USA LLC, 4.040%, 5/5/20264.10%0.36%
Enterprise Fleet Financing LLC 2025-3, Class A1, 4.551%, 7/20/20264.55%0.00%