Federated Hermes Capital Reserves Fund
FRFXX
PrimeRetail7-day Yield
#403
3.50%
as of 9/17/2025
Net assets
$2.8B
Expense ratio
1.02%
WAM
44
WAL
62
Minimum
$500
Holding details
21% Agency Repos
9% Variable Rate Demand Notes
4% Tender Option Bonds
15% CDs
8% Financial CP
13% Asset-Backed CP
13% Non-Financial CP
4% Other Instruments
1% Asset-Backed Securities
Performance
Portfolio Securities
| Security | Cusip | Maturity | Yield | Total Value | %Percent | |
|---|---|---|---|---|---|---|
| Citigroup Global Markets, Inc., REPO, 4.340%, 9/2/2025 | 99CBF2906 | 9/2/2025 | 4.40% | $300,000,000 | 10.71% | |
| Barclays Bank plc, REPO, 4.340%, 9/2/2025 | 0673PA005 | 9/2/2025 | 4.40% | $233,600,000 | 8.34% | |
| ABN Amro Bank NV, REPO, 4.340%, 9/2/2025 | 00699Q009 | 9/2/2025 | 4.40% | $50,000,000 | 1.79% | |
| Royal Bank of Canada, Three World Financial Center Branch, 4.460%, 10/8/2025 | 78015JX36 | 10/8/2025 | 4.46% | $99,998,000 | 3.57% | |
| Truist Bank, 4.460%, 11/10/2025 | 89788LEW0 | 11/10/2025 | 4.46% | $55,010,395 | 1.96% | |
| Bank of Montreal, 4.410%, 6/9/2026 | 06367DR56 | 6/9/2026 | 4.41% | $50,082,500 | 1.79% | |
| Toronto Dominion Bank, 4.480%, 10/8/2025 | 89115DBB1 | 10/8/2025 | 4.40% | $39,998,400 | 1.43% | |
| Toronto Dominion Bank, 4.400%, 7/17/2026 | 89115DMU7 | 7/17/2026 | 4.20% | $40,069,600 | 1.43% | |
| Bank of Nova Scotia, 4.620%, 2/20/2026 | 06418NFW7 | 2/20/2026 | 4.53% | $30,011,700 | 1.07% | |
| Canadian Imperial Bank of Commerce, 4.680%, 7/13/2026 | 13606DMC3 | 7/13/2026 | 4.68% | $30,009,900 | 1.07% | |
| Bank of Nova Scotia, 4.440%, 10/10/2025 | 06418NDF6 | 10/10/2025 | 4.46% | $24,996,250 | 0.89% | |
| Bank of Nova Scotia, 4.620%, 11/25/2025 | 06418NEQ1 | 11/25/2025 | 4.62% | $20,012,200 | 0.71% | |
| Bank of Montreal, 4.780%, 6/8/2026 | 06370B3L6 | 6/8/2026 | 4.75% | $19,999,728 | 0.71% | |
| Albion Capital LLC, 4.380%, 9/5/2025 | 01329WW56 | 9/5/2025 | 4.44% | $99,915,000 | 3.57% | |
| Thunder Bay Funding, LLC, 4.610%, 12/19/2025 | 88604GDQ9 | 12/19/2025 | 4.58% | $99,999,290 | 3.57% | |
| Old Line Funding, LLC, 4.020%, 10/2/2025 | 67983TX27 | 10/2/2025 | 4.40% | $59,755,200 | 2.13% | |
| Podium Funding Trust, 4.305%, 10/15/2025 | 73044DXF8 | 10/15/2025 | 4.40% | $49,718,500 | 1.78% | |
| Collateralized Commercial Paper V Co. LLC, 4.640%, 3/10/2026 | 19423RMP1 | 3/10/2026 | 4.64% | $25,003,117 | 0.89% | |
| Starbird Funding Corp., 4.180%, 2/12/2026 | 85520MBC6 | 2/12/2026 | 4.31% | $24,516,000 | 0.88% | |
| Thunder Bay Funding, LLC, 4.150%, 2/11/2026 | 88602UBB5 | 2/11/2026 | 4.29% | $14,713,050 | 0.53% | |
| Avangrid, Inc., 4.460%, 9/2/2025 | 05353AW21 | 9/2/2025 | 4.56% | $134,932,500 | 4.82% | |
| BP Capital Markets PLC, 4.380%, 9/2/2025 | 05568TW21 | 9/2/2025 | 4.47% | $89,955,900 | 3.21% | |
| Duke Energy Corp., 4.400%, 9/2/2025 | 26244HW25 | 9/2/2025 | 4.47% | $57,971,580 | 2.07% | |
| NextEra Energy Capital Holdings, Inc., 4.550%, 10/23/2025 | 65339MXP6 | 10/23/2025 | 4.59% | $45,683,980 | 1.63% | |
| BP Capital Markets PLC, 4.380%, 9/3/2025 | 05568TW39 | 9/3/2025 | 4.46% | $20,487,495 | 0.73% | |
| NextEra Energy Capital Holdings, Inc., 4.580%, 9/24/2025 | 65339MWQ5 | 9/24/2025 | 4.58% | $19,935,000 | 0.71% | |
| Nuveen Preferred Securities Income Fund, Nuveen Preferred Income Opportunities Fund, Variable Rate Demand Note (Series A), 4.450%, 7/1/2032 | 67073B882 | 7/1/2032 | 4.45% | $50,000,000 | 1.79% | |
| Nuveen Preferred Income Opportunities Fund, Taxable Preferred Shares (Series A), 4.490%, 8/1/2037 | 67073B809 | 8/1/2037 | 4.43% | $37,500,000 | 1.34% | |
| Opler 2013 Irrevocable Trust, Series 2024, 4.600%, 2/1/2044 | 68376LAB2 | 2/1/2044 | 4.66% | $29,650,000 | 1.06% | |
| Rockcrest, LLC, 4.600%, 9/1/2042 | 77300RAA3 | 9/1/2042 | 4.60% | $27,640,000 | 0.99% | |
| EG Irrevocable Life Insurance Trust, 4.600%, 4/1/2042 | 268476AB4 | 4/1/2042 | 4.60% | $17,625,000 | 0.63% | |
| Mason Harrison Ratliff Enterprises, LLC, 4.600%, 9/1/2043 | 57520MAB8 | 9/1/2043 | 4.60% | $17,395,000 | 0.62% | |
| Nuveen Credit Strategies Income Fund, Taxable Preferred Shares (Series A), 4.450%, 7/1/2032 | 67073D854 | 7/1/2032 | 4.39% | $15,000,000 | 0.54% | |
| Bragg 2019 Family Trust No. 1, 4.600%, 3/1/2044 | 104832AB6 | 3/1/2044 | 4.60% | $15,000,000 | 0.54% | |
| Texas State, Veterans Bonds (Taxable Series 2023A), 4.400%, 12/1/2054 | 882724F36 | 12/1/2054 | 4.40% | $14,200,000 | 0.51% | |
| Yavapai County, AZ IDA - Recovery Zone Facility (Drake Cement LLC) , Taxble (Series 2015), 4.400%, 9/1/2035 | 98521YAB5 | 9/1/2035 | 4.40% | $13,000,000 | 0.46% | |
| Connecticut Water Co., Series 2004, 4.630%, 1/4/2029 | 207796AA1 | 1/4/2029 | 4.63% | $11,300,000 | 0.40% | |
| Roberts Insurance Trusts, LLC, 4.450%, 5/1/2048 | 770487AA4 | 5/1/2048 | 4.45% | $6,060,000 | 0.22% | |
| Acme Manufacturing Company, Inc., Colorado Health Facilities Authority, Series 2016B, 4.970%, 5/1/2041 | 196476CR4 | 5/1/2041 | 4.97% | $770,000 | 0.03% | |
| American Honda Finance Corp., 4.510%, 11/19/2025 | 02665JYK0 | 11/19/2025 | 4.67% | $64,325,300 | 2.30% | |
| National Bank of Canada, 4.305%, 2/5/2026 | 63307MB57 | 2/5/2026 | 4.28% | $63,803,350 | 2.28% | |
| National Bank of Canada, 4.305%, 1/20/2026 | 63307MAL3 | 1/20/2026 | 4.29% | $39,334,800 | 1.40% | |
| BofA Securities, Inc., 4.160%, 2/18/2026 | 06054PBJ4 | 2/18/2026 | 4.34% | $19,596,800 | 0.70% | |
| Westpac Banking Corp. Ltd., 3.985%, 8/6/2026 | 9612C1H67 | 8/6/2026 | 4.14% | $19,246,200 | 0.69% | |
| American Honda Finance Corp., 4.660%, 10/7/2025 | 02665JX70 | 10/7/2025 | 4.60% | $4,975,550 | 0.18% | |
| American Honda Finance Corp., 4.550%, 11/7/2025 | 02665JY79 | 11/7/2025 | 4.67% | $4,955,635 | 0.18% | |
| Bank of America N.A., 4.170%, 8/4/2026 | 06054RCQ3 | 8/4/2026 | 4.17% | $40,018,400 | 1.43% | |
| Toyota Motor Credit Corp., 4.710%, 9/17/2025 | 89236TMM4 | 9/17/2025 | 4.71% | $25,002,000 | 0.89% | |
| Bank of America N.A., 4.390%, 7/6/2026 | 06050TNS7 | 7/6/2026 | 4.39% | $25,039,997 | 0.89% | |
| Toyota Motor Credit Corp., 4.690%, 8/18/2026 | 89236TNN1 | 8/18/2026 | 4.66% | $22,001,760 | 0.79% | |
| Taxable Muni Funding Trust 2024-010, (Series 2034-010), 4.650%, 6/30/2028 | 62630WPD3 | 6/30/2028 | 4.65% | $29,905,000 | 1.07% | |
| Taxable Muni Funding Trust 2020-011, (Series 2020-011), 4.650%, 9/1/2030 | 62630WEL7 | 9/1/2030 | 4.65% | $23,055,000 | 0.82% | |
| Taxable Muni Funding Trust 2021-008, Barclays Taxable Trust (Series 2021-008), 4.650%, 9/1/2031 | 62630WJY4 | 9/1/2031 | 4.65% | $13,600,000 | 0.49% | |
| Taxable Muni Funding Trust 2019-007, Taxable Municipal Funding Trust (Series 2019-007), 4.650%, 5/1/2029 | 62630WBA4 | 5/1/2029 | 4.65% | $12,525,000 | 0.45% | |
| Taxable Muni Funding Trust 2021-010, (Series 2021-010), 4.650%, 12/15/2025 | 62630WMB0 | 12/15/2025 | 4.65% | $9,500,000 | 0.34% | |
| Taxable Tender Option Bond Trust 2021-MIZ9064TX, (Series 2021-MIZ9064TX), 4.720%, 11/1/2056 | 60700HHK8 | 11/1/2056 | 4.72% | $6,500,000 | 0.23% | |
| Taxable Tender Option Bond Trust 2022-MIZ9084TX, (Series 2022-MIZ9084TX), 4.720%, 2/1/2027 | 60700HKE8 | 2/1/2027 | 4.72% | $5,150,000 | 0.18% | |
| Taxable Tender Option Bond Trust 2022-MIZ9094TX, (Series 2022-MIZ9094TX), 4.720%, 12/1/2059 | 60700HLS6 | 12/1/2059 | 4.72% | $2,845,000 | 0.10% | |
| Taxable Muni Funding Trust 2021-002, Barclays Taxable Muni Funding Trust (Series 2021-002), 4.650%, 5/15/2056 | 62630WFV4 | 5/15/2056 | 4.65% | $1,900,000 | 0.07% | |
| Westlake Automobile Receivables Trust 2025-2, Class A1, 4.642%, 7/15/2026 | 96041KAA2 | 7/15/2026 | 4.41% | $11,005,808 | 0.39% | |
| Enterprise Fleet Financing LLC 2025-3, Class A1, 4.551%, 7/20/2026 | 29375UAA7 | 7/20/2026 | 4.30% | $1,998,810 | 0.07% | |
| ARI Fleet Lease Trust 2025-A, Class A1, 4.511%, 2/17/2026 | 04033CAA4 | 2/17/2026 | 4.55% | $944,829 | 0.03% | |
| Great America Leasing Receivables 2025-1, Class A1, 4.462%, 3/16/2026 | 39154GAG1 | 3/16/2026 | 4.51% | $632,416 | 0.02% | |
| HSBC Securities (USA), Inc., 4.430%, 9/2/2025 | 643996002 | 9/2/2025 | 4.49% | $135,000,000 | 4.82% | |
| BNP Paribas SA, 4.410%, 9/2/2025 | 963FTR002 | 9/2/2025 | 4.47% | $104,000,000 | 3.71% | |
| Citigroup Global Markets, Inc., 4.740%, 10/2/2025 | 99CBF2906 | 10/2/2025 | 4.81% | $25,000,000 | 0.89% | |
| Wells Fargo Securities LLC, 4.890%, 11/24/2025 | 930NXW009 | 11/24/2025 | 4.96% | $25,000,000 | 0.89% | |
| BofA Securities, Inc., 4.950%, 11/26/2025 | 933FJJ008 | 11/26/2025 | 5.02% | $25,000,000 | 0.89% | |
| Wells Fargo Securities LLC, 4.890%, 11/26/2025 | 930NXW009 | 11/26/2025 | 4.96% | $25,000,000 | 0.89% | |
| Citigroup Global Markets, Inc., 4.730%, 10/2/2025 | 99CBF2906 | 10/2/2025 | 4.80% | $10,000,000 | 0.36% | |
| Mizuho Securities USA LLC, 4.730%, 10/2/2025 | 930LFD005 | 10/2/2025 | 4.80% | $10,000,000 | 0.36% |