Federated Hermes Institutional Tax-Free Cash Trust Premier Shares

FTFXX

Tax-ExemptInstitutional
7-day Yield
#629
1.85%
as of 2/27/2026
Net assets
$1B
Expense ratio
0.15%
WAM
6
WAL
6
Minimum
$5M
Holding details
91% Variable Rate Demand Notes
9% Other Money Market Funds
as of 2/27/2026

Performance

Portfolio Securities

SecurityYield%
Brookhaven Development Authority, GA (Children's Healthcare of Atlanta, Inc.) , (Series 2019D), 1.920%, 7/1/20421.92%2.98%
St. James Parish, LA (Nucor Steel Louisiana LLC) , (Series 2010B-1), 2.200%, 11/1/20402.20%2.67%
Pittsburgh & Allegheny County, PA Sports & Exhibition Authority Parking System, (Series A of 2007), 1.880%, 11/1/20381.88%2.41%
Perry County, MS (Leaf River Cellulose LLC) , (Series 2021), 1.890%, 10/1/20411.89%2.31%
St. Lucie County, FL PCRB (Florida Power & Light Co.) , (Series 2000), 1.900%, 9/1/20281.90%2.30%
Texas State, Veterans Bonds (Series 2022), 2.000%, 6/1/20532.00%2.20%
New York City, NY Transitional Finance Authority, (Series 2015A-3), 2.010%, 8/1/20432.01%2.17%
Harris County, TX Education Facilities Finance Corp. (Methodist Hospital, Harris County, TX) , (Series 2025B), 2.000%, 12/1/20602.00%1.78%
Maryland Health and Higher Educational Facilities Authority (University of Maryland Medical System Corporation) , (Series 2025C-2), 1.880%, 7/1/20551.88%1.58%
Michigan State Finance Authority (Corewell Health Obligated Group) , (Series C), 2.050%, 1/15/20552.05%1.54%
Highlands County, FL Health Facilities Authority (Advent Health System/Sunbelt Obligated Group) , (Series 2012I-3), 1.830%, 11/15/20331.83%1.44%
Indiana State Finance Authority Environmental (Duke Energy Indiana, LLC) , (Series 2009A-4), 2.000%, 12/1/20392.00%1.43%
Highlands County, FL Health Facilities Authority (Advent Health System/Sunbelt Obligated Group) , (Series D-1), 1.860%, 11/15/20551.86%1.41%
Iowa Finance Authority (HF Chlor-Alkali, LLC) , (Series 2012), 1.910%, 12/1/20421.91%1.33%
Texas State, Veterans Bonds (Series 2025B), 2.050%, 12/1/20552.05%1.33%
Loudoun County, VA IDA (Howard Hughes Medical Institute) , (Series 2003D), 1.850%, 2/15/20381.85%1.31%
Louisiana Public Facilities Authority (Air Products & Chemicals, Inc.) , (Series 2008A), 2.020%, 8/1/20432.02%1.28%
St. James Parish, LA (Nucor Steel Louisiana LLC) , (Series 2010A-1), 2.140%, 11/1/20402.14%1.27%
Albemarle County, VA Economic Development Authority (Sentara Health Systems Obligation Group) , (Series 2018A), 1.850%, 10/1/20481.85%1.24%
Columbia, AL IDB PCRB (Alabama Power Co.) , (Series C), 2.000%, 12/1/20372.00%1.23%
New Hope Cultural Education Facilities Finance Corporation (Children's Health System of Texas) , (Series 2025B), 1.950%, 8/1/20551.95%1.22%
Columbia, AL IDB PCRB (Alabama Power Co.) , (Series 2014-A), 2.100%, 12/1/20372.10%1.17%
District of Columbia (Children's Hospital Obligated Group/DC) , (Series 2025), 1.950%, 7/15/20491.95%1.14%
Mobile, AL IDB (Alabama Power Co.) , (First Series 2009: Barry Plant), 2.100%, 6/1/20342.10%1.06%
Fulton County, GA Development Authority (Shepherd Center, Inc.) , (Series 2009), 1.980%, 9/1/20351.98%1.03%
Highlands County, FL Health Facilities Authority (Advent Health System/Sunbelt Obligated Group) , (Series 2012I-4), 1.900%, 11/15/20341.90%1.01%
Maryland Health and Higher Educational Facilities Authority (Johns Hopkins Health System) , (Series 2025C), 1.950%, 5/15/20531.95%1.01%
New Hope Cultural Education Facilities Finance Corporation (Children's Health System of Texas) , (Series 2025C), 1.950%, 8/1/20551.95%1.01%
Michigan Strategic Fund (Air Products & Chemicals, Inc.) , (Series 2007), 2.020%, 12/1/20422.02%0.96%
Johnson City, TN Health & Education Facilities Board (Ballad Health) , (Series 2022B), 1.950%, 7/1/20451.95%0.96%
Delaware Valley, PA Regional Finance Authority, (Series 2020 D), 1.850%, 11/1/20551.85%0.96%
Mobile County, AL IDA Gulf Opportunity Zone (SSAB Alabama, Inc.) , (Series 2011), 2.050%, 11/1/20312.05%0.90%
Person County, NC Industrial Facilities & Pollution Control Financing Authority (Certainteed Gypsum, Inc.) , (Series 2010), 1.940%, 11/1/20351.94%0.88%
Harris County, TX Education Facilities Finance Corp. (Methodist Hospital, Harris County, TX) , (Series 2025G), 2.000%, 12/1/20602.00%0.88%
Rochester, MN Health Care Facility Authority (Mayo Clinic) , (Series 2008A), 1.600%, 11/15/20381.60%0.83%
Escambia County, FL Solid Waste Disposal (Florida Power & Light Co.) , Gulf Power Company Project (Series 2009), 2.100%, 4/1/20392.10%0.80%
New York City, NY, (Subseries A-2), 2.000%, 10/1/20382.00%0.77%
Highlands County, FL Health Facilities Authority (Advent Health System/Sunbelt Obligated Group) , (Series D-2), 1.900%, 11/15/20551.90%0.77%
Allen County, OH (Bon Secours Mercy Health) , (Series 2025C), 1.880%, 11/1/20501.88%0.74%
Texas State, Veterans Bonds (Series 2023), 2.000%, 6/1/20542.00%0.73%
Southcentral PA, General Authority (Wellspan Health Obligated Group) , (Series 2019E), 2.050%, 6/1/20352.05%0.72%
Texas State, Veterans Bonds (Series 2019), 2.050%, 6/1/20502.05%0.72%
Clark County, NV Department of Aviation, Subordinate Lien Revenue Bonds (Series 2008 D-2B), 1.900%, 7/1/20401.90%0.70%
Alaska State Housing Finance Corp., (Series 2001B), 1.830%, 12/1/20301.83%0.69%
New York City, NY, (Subseries A-7), 2.020%, 8/1/20442.02%0.68%
Pennsylvania State Turnpike Commission, (Series of 2020), 1.880%, 12/1/20391.88%0.66%
Yavapai County, AZ IDA - Recovery Zone Facility (Skanon Investments, Inc.) , (Series 2010: Drake Cement Project), 1.950%, 9/1/20351.95%0.64%
New York City, NY Transitional Finance Authority, (2026 Subseries A-2), 2.000%, 5/1/20552.00%0.64%
New York City, NY, Fiscal 2013 (Subseries A-3), 2.000%, 10/1/20402.00%0.63%
Louisiana Public Facilities Authority (Air Products & Chemicals, Inc.) , (Series 2008C), 2.650%, 12/1/20432.65%0.63%
New York City Housing Development Corp., Sustainable Development (Series I-3), 1.860%, 11/1/20601.86%0.63%
Port Arthur Navigation District, TX IDC (Air Products LP) , (Series 2005), 2.020%, 5/1/20402.02%0.62%
New York City Housing Development Corp., (Series L-1), 1.910%, 5/1/20501.91%0.57%
New York City, NY, Fiscal 2017 (Subseries A-60), 1.950%, 8/1/20441.95%0.56%
Tarrant County, TX Cultural Education Facilities Finance Corp. (Christus Health System) , (Series 2008C-4), 2.050%, 7/1/20472.05%0.54%
Northampton County, PA General Purpose Authority (St. Luke's Hospital Obligated Group) , (Series B), 1.900%, 8/15/20541.90%0.53%
North Carolina Medical Care Commission (Duke University Health Systems) , (Series 2025E), 1.850%, 6/1/20551.85%0.53%
Harris County, TX Education Facilities Finance Corp. (Memorial Hermann Health System) , (Series 2024-D), 1.900%, 7/1/20541.90%0.52%
Idaho Health Facilities Authority (St. Luke's Health System) , (Series 2025D), 1.900%, 3/1/20601.90%0.52%
West Virginia State Hospital Finance Authority (Charleston Area Medical Center, Inc.) , (Series 2008A), 2.030%, 9/1/20372.03%0.50%
Pennsylvania State Higher Education Facilities Authority (Thomas Jefferson University Obligated Group) , (Series D-1), 2.000%, 11/1/20612.00%0.49%
Cobb County, GA Hospital Authority (Wellstar Health System, Inc.) , (Series 2004), 1.950%, 4/1/20341.95%0.48%
Appleton, WI (Foremost Farms) , (Series 2010), 2.050%, 5/1/20372.05%0.48%
Ohio State University, (Series 2023 A-1), 1.700%, 6/1/20431.70%0.48%
West Virginia State Hospital Finance Authority (Cabell Huntington Hospital Obligated Group) , (Series 2008A), 2.030%, 1/1/20342.03%0.46%
Gulf Coast, TX IDA (Exxon Mobil Corp.) , (Series 2012), 1.900%, 11/1/20411.90%0.46%
New York City, NY, (Fiscal 2022 Subseries D-4), 1.950%, 5/1/20521.95%0.46%
Wisconsin Health & Educational Facilities Authority (Medical College of Wisconsin, Inc.) , (Series 2008B), 1.900%, 12/1/20331.90%0.45%
Blount County, TN Public Building Authority (Knox County, TN) , (Series D-3-A), 2.000%, 6/1/20342.00%0.45%
New York City, NY, (Series 2015F-6), 1.900%, 6/1/20441.90%0.45%
New York City, NY Municipal Water Finance Authority, (Fiscal 2014 AA-6 Bonds), 1.850%, 6/15/20481.85%0.44%
Manatee County, FL (Florida Power & Light Co.) , 2.100%, 9/1/20292.10%0.43%
Maryland State Health & Higher Educational Facilities Authority, (Series 1985B), 1.850%, 4/1/20351.85%0.43%
New York City, NY Municipal Water Finance Authority, (2014 Series AA-2), 1.900%, 6/15/20501.90%0.43%
North Carolina Medical Care Commission (Duke University Health Systems) , (Series 2025D), 1.850%, 6/1/20551.85%0.43%
Illinois Finance Authority (Advocate Aurora Health) , (Series 2008C-2B), 2.050%, 11/1/20382.05%0.42%
Lynchburg, VA Economic Development Authority (Centra Health Obligated Group) , (Series 2017C), 1.950%, 1/1/20471.95%0.41%
Iowa Finance Authority (Cargill, Inc.) , Midwestern Disaster Area Economic Development Revenue Bonds (Series 2011A), 1.910%, 6/1/20391.91%0.40%
New York City, NY Municipal Water Finance Authority, Second General Resolution (Fiscal 2009 Series BB-2), 2.000%, 6/15/20392.00%0.39%
Connecticut State HFA, (Series 2025 E-3), 1.900%, 11/15/20511.90%0.38%
Indiana State Finance Authority (Ascension Health Alliance Senior Credit Group) , (Series D-1), 1.850%, 11/15/20541.85%0.38%
Indiana State Finance Authority (Ascension Health Alliance Senior Credit Group) , (Series D-2), 1.900%, 11/15/20541.90%0.38%
Harris County, TX Cultural Education Facilities Finance Corp. (Texas Children's Hospital) , (Series 2021C), 1.900%, 10/1/20411.90%0.37%
JEA, FL Water & Sewer System, (2008 Series A-2: Subordinate Revenue Bonds), 1.890%, 10/1/20381.89%0.36%
Pennsylvania State Turnpike Commission, (Second Series of 2019), 1.880%, 12/1/20381.88%0.36%
New York City, NY Municipal Water Finance Authority, Second General Resolution (Fiscal 2011 Series FF-2), 1.900%, 6/15/20441.90%0.36%
Minneapolis, MN (One Ten Grant Project) , Variable Rate Housing Revenue Bonds, 1.880%, 9/1/20261.88%0.35%
Cobb County, GA Hospital Authority (Wellstar Health System, Inc.) , (Series 2006), 1.950%, 4/1/20361.95%0.35%
Maryland Health and Higher Educational Facilities Authority (University of Maryland Medical System Corporation) , (Series 2025C-1), 1.950%, 7/1/20551.95%0.35%
Austin, TX (Austin, TX Hotel Occupancy Tax) , Subordinate Lien Variable Rate Revenue Refunding Bonds (Series 2008-B), 1.880%, 11/15/20291.88%0.34%
New York City, NY Municipal Water Finance Authority, 2.000%, 6/15/20492.00%0.33%
Jacksonville, FL PCR (Florida Power & Light Co.) , (Series 1994), 2.100%, 9/1/20292.10%0.32%
Virginia College Building Authority (University of Richmond) , (Series 2004), 1.900%, 8/1/20341.90%0.32%
Sevier County, TN Public Building Authority, (Series V-B-1), 2.180%, 6/1/20352.18%0.32%
Columbia, AL IDB PCRB (Alabama Power Co.) , (Series 2014-B), 2.100%, 12/1/20372.10%0.32%
Ohio State Hospital Revenue (University Hospitals Health System, Inc.) , (2025 Series D), 1.900%, 1/15/20501.90%0.32%
New York City, NY, (Fiscal 2006 Series I-8), 2.000%, 4/1/20362.00%0.31%
New York City, NY Transitional Finance Authority, (Fiscal 2013 Series A Subseries A-4), 1.900%, 8/1/20391.90%0.31%
Hillsborough County, FL IDA (BayCare Obligated Group) , (Series 2020B), 1.900%, 11/1/20381.90%0.30%
New York City, NY Municipal Water Finance Authority, Second General Resolution (Fiscal 2009 Series BB-1), 1.950%, 6/15/20391.95%0.30%
Minneapolis, MN (Fairview Health Services) , (Series 2018B), 2.020%, 11/15/20482.02%0.30%
University of North Carolina at Chapel Hill (University of North Carolina Hospitals) , (Series 2001A), 1.900%, 2/15/20311.90%0.29%
Ohio State, Capital Facilities Lease-Appropriation Variable Rate Bonds (Series 2016C: Adult Correctional Building Fund), 1.850%, 10/1/20361.85%0.28%
New York City, NY Municipal Water Finance Authority, (Fiscal 2011 Subseries DD-2), 1.900%, 6/15/20431.90%0.28%
New York City Transitional Finance Authority Building Aid Revenue (New York City, NY Transitional Finance Authority) , (Fiscal 2018 Subseries C-7), 1.1.90%0.28%
Connecticut State HFA, (2015 Subseries C-3), 1.850%, 11/15/20451.85%0.27%
New York City, NY Municipal Water Finance Authority, (Fiscal 2025 Subseries EE-1), 1.900%, 6/15/20551.90%0.27%
Illinois Finance Authority (Advocate Aurora Health) , (Subseries C-3A), 1.850%, 11/1/20381.85%0.26%
Ohio State University, (Series 2023 D-1), 1.850%, 6/1/20351.85%0.25%
Tuscaloosa County, AL Port Authority (Tuscaloosa Riverfront Development, LLC) , (Series 2007: Gulf Opportunity Zone Bonds), 1.930%, 5/1/20301.93%0.24%
Moorhead, MN (American Crystal Sugar Co.) , Series 2020, 2.050%, 6/1/20402.05%0.24%
New York City, NY, (Fiscal 2008 Subseries L-3), 2.000%, 4/1/20362.00%0.23%
New York City, NY, (Fiscal 2014, Subseries D-4), 1.900%, 8/1/20401.90%0.23%
Ohio State Higher Educational Facility Commission (Cleveland Clinic) , (Series 2013B-2), 1.900%, 1/1/20391.90%0.22%
Charlotte-Mecklenburg Hospital Authority, NC (Atrium Health - The Charlotte Mecklenburg Hospital Authority) , (Series 2018G), 1.900%, 1/15/20481.90%0.22%
Fairfax County, VA EDA (Mount Vernon Ladies' Association of the Union) , (Series 2007), 1.980%, 6/1/20371.98%0.21%
Valparaiso, IN (Pines Village Retirement Community, Inc.) , (Series 2008), 2.150%, 5/1/20382.15%0.21%
Hillsborough County, FL IDA (Baycare Health System, Inc.) , (Series 2020C), 1.850%, 11/1/20381.85%0.21%
New York City, NY Transitional Finance Authority, (Subseries A2), 1.900%, 8/1/20521.90%0.21%
Iowa Finance Authority (Cargill, Inc.) , (Series 2009B), 1.910%, 9/1/20361.91%0.20%
Charlotte-Mecklenburg Hospital Authority, NC (Atrium Health - The Charlotte Mecklenburg Hospital Authority) , (Series 2007E), 1.900%, 1/15/20441.90%0.19%
Philadelphia, PA Authority for Industrial Development, (Series 2007B-2), 1.880%, 10/1/20301.88%0.18%
Aurora, IL Economic Development Revenue (Aurora University) , (Series 2019), 1.880%, 3/1/20491.88%0.18%
Monroe County, GA Development Authority (Florida Power & Light Co.) , Pollution Control Revenue Bonds (First Series 2010), 2.000%, 6/1/20492.00%0.18%
New York City, NY Municipal Water Finance Authority, (Fiscal 2015 Subseries BB-2), 2.000%, 6/15/20492.00%0.18%
Highlands County, FL Health Facilities Authority (Advent Health System/Sunbelt Obligated Group) , (Series 2025C), 1.850%, 11/15/20601.85%0.18%
South Carolina Jobs-EDA (Brashier Charter, LLC) , (Series 2008), 1.980%, 12/1/20381.98%0.17%
New York City, NY Municipal Water Finance Authority, (2014 Series AA-1), 1.900%, 6/15/20501.90%0.17%
Butler County, PA General Authority (South Park School District) , (Series 2011), 1.880%, 8/1/20271.88%0.15%
New York City, NY, (Fiscal 2025, Series G-3), 1.900%, 2/1/20551.90%0.15%
Orange County, FL, Health Facilities Authority (Orlando Health, Inc.) , (Series 2008E), 1.850%, 10/1/20261.85%0.14%
Blount County, TN Public Building Authority (Monroe County, TN) , (Series E-7-A), 2.180%, 6/1/20392.18%0.14%
Mobile, AL IDB (HighProv, LLC) , (Series 2006), 2.150%, 8/1/20312.15%0.13%
Maricopa County, AZ, IDA (DC Paloma 2 LLC) , (Series 2009), 1.910%, 3/1/20361.91%0.13%
New York State HFA (600 West 42nd Street) , (2009 Series A), 1.900%, 5/15/20411.90%0.13%
New York City, NY, (Subseries B-5), 2.000%, 10/1/20462.00%0.13%
Iowa Finance Authority (Cargill, Inc.) , Midwestern Disaster Area Economic Development Revenue Bonds (Series 2009A), 1.910%, 6/1/20361.91%0.12%
St. Tammany Parish Development District, LA (Main Street Holdings of St.Tammany, LLC) , (Series 2006A), 2.150%, 12/1/20422.15%0.12%
Inver Grove Heights, MN (PHM/Inver Grove, Inc) , (Series 2005), 1.820%, 5/15/20351.82%0.11%
Illinois Finance Authority (OSF Health Care Systems) , (Series 2018B), 1.850%, 11/15/20371.85%0.11%
Massachusetts Development Finance Agency (Children's Hospital of Boston) , (Series 2024 U-1), 1.900%, 3/1/20481.90%0.11%
Butler County, PA IDA (Concordia Lutheran Obligated Group) , (Series A of 2008), 1.940%, 10/1/20301.94%0.10%
Hillsborough County, FL IDA (Baycare Health System, Inc.) , (Series 2020D), 2.000%, 11/15/20422.00%0.10%
Metropolitan Transportation Authority, NY (MTA Dedicated Tax Fund) , (Subseries 2008A-1), 1.900%, 11/1/20311.90%0.09%
Illinois Development Finance Authority (North Shore Senior Center) , (Series 1999), 2.000%, 8/1/20292.00%0.08%
New York City, NY Municipal Water Finance Authority, Fiscal 2011 (Subseries FF-1), 2.000%, 6/15/20442.00%0.08%
Harris County, TX Education Facilities Finance Corp. (Methodist Hospital, Harris County, TX) , (Series 2025A), 2.000%, 12/1/20602.00%0.08%
Orange County, FL, Health Facilities Authority (Lakeside Behavioral Healthcare, Inc.) , (Series 2008), 1.980%, 7/1/20271.98%0.07%
Louisiana Local Government Environmental Facilities CDA (The Christ Episcopal Church in Covington) , (Series 2004), 2.370%, 8/1/20342.37%0.07%
Rochester, MN Health Care Facility Authority (Mayo Clinic) , (Series 2008B), 1.650%, 11/15/20381.65%0.07%
New York City, NY Transitional Finance Authority, Fiscal 2014 (Subseries D-3), 1.900%, 2/1/20441.90%0.07%
Louisiana State Gas & Fuels Second Lien, (Series 2023 A-1), 1.900%, 5/1/20431.90%0.06%
Arizona State IDA (Phoenix Children's Hospital) , (Series 2019B), 1.900%, 2/1/20481.90%0.06%
Martin County, FL (Florida Power & Light Co.) , (Series 2022), 2.000%, 7/1/20522.00%0.06%
New York City, NY Transitional Finance Authority, (Fiscal 2025 Subseries C-4), 1.890%, 5/1/20531.89%0.06%
New York City, NY, (Fiscal 2025, Series G-2), 2.000%, 2/1/20552.00%0.06%
Delaware Valley, PA Regional Finance Authority, (Series 2024 B), 1.900%, 9/1/20591.90%0.06%
Cherokee County, GA Development Authority (Goodwill of North Georgia, Inc.) , (Series 2008), 1.980%, 8/1/20331.98%0.05%
Louisiana State Gas & Fuels Second Lien, (2025 Series C), 1.900%, 5/1/20431.90%0.05%
Arizona State IDA (Phoenix Children's Hospital) , (Series 2019A), 1.900%, 2/1/20481.90%0.05%
New York City, NY Municipal Water Finance Authority, (Subseries CC), 2.000%, 6/15/20532.00%0.05%
Colorado State Health Facilities Authority (Intermountain Healthcare Obligated Group) , (Series 2024-E), 1.900%, 5/15/20641.90%0.05%
Blount County, TN Public Building Authority (Bradley County, TN) , (Series E-6-A), 2.180%, 6/1/20262.18%0.04%
Metropolitan Transportation Authority, NY (MTA Dedicated Tax Fund) , (Subseries 2008A-2a), 1.900%, 11/1/20261.90%0.04%
Washington County, NE (Cargill, Inc.) , (Series 2010), 1.910%, 8/1/20401.91%0.04%
Hammond Area, LA Economic & Industrial Development District (AGEM Management Services LLC) , 2.150%, 3/1/20332.15%0.03%
Iowa Finance Authority - Health Facilities (UnityPoint Health) , (Series 2013B-2), 1.900%, 2/15/20391.90%0.01%
Alaska State Housing Finance Corp., (Series 2001A), 1.830%, 12/1/20301.83%0.00%
Nuveen Enhanced AMT-Free Quality Municipal Income Fund, (Series 4) MuniFund Preferred Shares, 1.960%, 9/11/20261.96%3.17%
Nuveen AMT-Free Municipal Credit Income Fund, (Series 2) MuniFund Preferred Shares, 1.950%, 12/1/20401.95%1.43%
Nuveen New York AMT-Free Quality Municipal Income Fund, (Series 1), 1.930%, 8/1/20401.93%1.28%
Nuveen AMT-Free Municipal Credit Income Fund, (Series 5) MuniFund Preferred Shares, 1.930%, 12/1/20401.93%1.14%
Nuveen AMT-Free Municipal Credit Income Fund, (Series 4) MuniFund Preferred Shares, 1.940%, 6/1/20461.94%0.77%
Nuveen Enhanced AMT-Free Quality Municipal Income Fund, VRDP (Series 5-1000), 1.940%, 10/1/20461.94%0.64%
Nuveen AMT-Free Municipal Credit Income Fund, 1.950%, 12/1/20431.95%0.45%
Nuveen Enhanced AMT-Free Quality Municipal Income Fund, (Series 3), 1.970%, 3/1/20401.97%0.29%
Nuveen New York AMT-Free Quality Municipal Income Fund, (Series 2), 1.930%, 8/1/20401.93%0.26%