Federated Hermes Government Reserves Fund P
GRFXX
GovernmentInstitutional7-day Yield
#575
3.38%
as of 7/31/2025
Net assets
$5.6B
Expense ratio
1.02%
WAM
42
WAL
101
Minimum
$500
Holding details
23% Treasuries
18% Treasury Repos
16% Agency Coupon Securities
1% Agency Zero Coupon
42% Agency Repos
Performance
Portfolio Securities
| Security | Cusip | Maturity | Yield | Total Value | %Percent | |
|---|---|---|---|---|---|---|
| Fixed Income Clearing Corporation ("FICC") - BNYM, REPO, 4.370%, 8/1/2025 | 857449004 | 8/1/2025 | 4.43% | $1,000,000,000 | 16.96% | |
| Barclays Bank plc, REPO, 4.370%, 8/1/2025 | 0673PA005 | 8/1/2025 | 4.43% | $272,400,000 | 4.62% | |
| BofA Securities, Inc., REPO, 4.370%, 8/1/2025 | 983JVMII0 | 8/1/2025 | 4.43% | $220,929,000 | 3.75% | |
| BMO Bank, N.A., REPO, 4.370%, 8/1/2025 | 932CQA007 | 8/1/2025 | 4.43% | $200,000,000 | 3.39% | |
| ABN Amro Bank NV, REPO, 4.370%, 8/1/2025 | 00699Q009 | 8/1/2025 | 4.43% | $150,000,000 | 2.54% | |
| Citigroup Global Markets, Inc., REPO, 4.370%, 8/1/2025 | 99CBF2906 | 8/1/2025 | 4.43% | $135,000,000 | 2.29% | |
| BNP Paribas SA, REPO, 4.370%, 8/1/2025 | 963FTR002 | 8/1/2025 | 4.43% | $100,000,000 | 1.70% | |
| Natixis Financial Products LLC, REPO, 4.350%, 9/18/2025 | 45099F004 | 9/18/2025 | 4.41% | $100,000,000 | 1.70% | |
| Wells Fargo Securities LLC, REPO, 4.390%, 8/18/2025 | 930NXW009 | 8/18/2025 | 4.45% | $60,000,000 | 1.02% | |
| ABN Amro Bank NV, REPO, 4.370%, 8/1/2025 | 00699Q009 | 8/1/2025 | 4.43% | $50,000,000 | 0.85% | |
| HSBC Securities (USA), Inc., REPO, 4.370%, 8/1/2025 | 643996002 | 8/1/2025 | 4.43% | $50,000,000 | 0.85% | |
| Barclays Bank plc, REPO, 4.350%, 8/13/2025 | 0673PA005 | 8/13/2025 | 4.41% | $50,000,000 | 0.85% | |
| Barclays Bank plc, REPO, 4.340%, 8/20/2025 | 0673PA005 | 8/20/2025 | 4.40% | $50,000,000 | 0.85% | |
| Barclays Bank plc, REPO, 4.340%, 8/25/2025 | 0673PA005 | 8/25/2025 | 4.40% | $50,000,000 | 0.85% | |
| Citigroup Global Markets, Inc., REPO, 4.390%, 8/26/2025 | 99CBF2906 | 8/26/2025 | 4.45% | $25,000,000 | 0.42% | |
| United States Treasury Bills, 4.235%, 10/21/2025 | 912797RD1 | 10/21/2025 | 4.29% | $85,178,700 | 1.44% | |
| United States Treasury Notes, 4.451%, 10/31/2025 | 91282CJD4 | 10/31/2025 | 4.30% | $74,028,120 | 1.26% | |
| United States Treasury Notes, 4.441%, 4/30/2027 | 91282CMX6 | 4/30/2027 | 4.41% | $72,031,680 | 1.22% | |
| United States Treasury Bills, 4.025%, 1/22/2026 | 912797PD3 | 1/22/2026 | 4.26% | $61,740,000 | 1.05% | |
| United States Treasury Notes, 4.379%, 1/31/2027 | 91282CMJ7 | 1/31/2027 | 4.40% | $59,980,200 | 1.02% | |
| United States Treasury Bills, 4.060%, 10/16/2025 | 912797QF7 | 10/16/2025 | 4.28% | $59,463,000 | 1.01% | |
| United States Treasury Bills, 4.150%, 12/11/2025 | 912797QY6 | 12/11/2025 | 4.25% | $59,085,600 | 1.00% | |
| United States Treasury Bills, 4.115%, 1/22/2026 | 912797PD3 | 1/22/2026 | 4.26% | $58,800,000 | 1.00% | |
| United States Treasury Bills, 3.945%, 3/19/2026 | 912797PV3 | 3/19/2026 | 4.20% | $58,440,600 | 0.99% | |
| United States Treasury Bills, 4.125%, 1/15/2026 | 912797RJ8 | 1/15/2026 | 4.26% | $56,884,316 | 0.96% | |
| United States Treasury Bills, 3.930%, 5/14/2026 | 912797QN0 | 5/14/2026 | 4.18% | $56,145,160 | 0.95% | |
| United States Treasury Bills, 3.925%, 7/9/2026 | 912797RF6 | 7/9/2026 | 4.11% | $55,822,680 | 0.95% | |
| United States Treasury Bills, 4.225%, 11/25/2025 | 912797RQ2 | 11/25/2025 | 4.31% | $49,318,000 | 0.84% | |
| United States Treasury Bills, 4.050%, 11/28/2025 | 912797NL7 | 11/28/2025 | 4.30% | $49,303,500 | 0.84% | |
| United States Treasury Bills, 4.220%, 11/18/2025 | 912797RP4 | 11/18/2025 | 4.31% | $47,384,640 | 0.80% | |
| United States Treasury Bills, 4.120%, 1/29/2026 | 912797RK5 | 1/29/2026 | 4.25% | $44,065,112 | 0.75% | |
| United States Treasury Bills, 4.100%, 10/30/2025 | 912797NA1 | 10/30/2025 | 4.30% | $31,660,600 | 0.54% | |
| United States Treasury Notes, 4.431%, 4/30/2026 | 91282CKM2 | 4/30/2026 | 4.33% | $30,021,900 | 0.51% | |
| United States Treasury Bills, 4.190%, 11/28/2025 | 912797NL7 | 11/28/2025 | 4.30% | $29,582,100 | 0.50% | |
| United States Treasury Bills, 3.940%, 6/11/2026 | 912797QX8 | 6/11/2026 | 4.15% | $28,956,000 | 0.49% | |
| United States Treasury Bills, 4.135%, 9/4/2025 | 912797MH7 | 9/4/2025 | 4.25% | $26,890,380 | 0.46% | |
| United States Treasury Bills, 4.070%, 12/26/2025 | 912797NU7 | 12/26/2025 | 4.27% | $26,540,190 | 0.45% | |
| United States Treasury Notes, 4.486%, 10/31/2026 | 91282CLT6 | 10/31/2026 | 4.41% | $25,024,273 | 0.42% | |
| United States Treasury Bills, 3.960%, 5/14/2026 | 912797QN0 | 5/14/2026 | 4.18% | $24,200,500 | 0.41% | |
| United States Treasury Bills, 4.050%, 10/2/2025 | 912797MS3 | 10/2/2025 | 4.27% | $17,868,405 | 0.30% | |
| United States Treasury Bills, 4.150%, 12/4/2025 | 912797QS9 | 12/4/2025 | 4.28% | $16,752,650 | 0.28% | |
| United States Treasury Bills, 4.150%, 10/30/2025 | 912797NA1 | 10/30/2025 | 4.30% | $14,840,906 | 0.25% | |
| United States Treasury Notes, 4.526%, 1/31/2026 | 91282CJU6 | 1/31/2026 | 4.32% | $15,014,838 | 0.25% | |
| United States Treasury Notes, 3.750%, 8/31/2026 | 91282CLH2 | 8/31/2026 | 4.17% | $14,933,789 | 0.25% | |
| United States Treasury Bills, 4.240%, 10/23/2025 | 912797QG5 | 10/23/2025 | 4.29% | $13,863,080 | 0.24% | |
| United States Treasury Notes, 4.625%, 6/30/2026 | 91282CKY6 | 6/30/2026 | 4.23% | $11,540,135 | 0.20% | |
| United States Treasury Notes, 0.625%, 7/31/2026 | 91282CCP4 | 7/31/2026 | 4.19% | $11,585,531 | 0.20% | |
| United States Treasury Bills, 4.110%, 10/30/2025 | 912797NA1 | 10/30/2025 | 4.30% | $10,883,331 | 0.18% | |
| United States Treasury Bills, 4.210%, 12/2/2025 | 912797RR0 | 12/2/2025 | 4.35% | $10,846,338 | 0.18% | |
| United States Treasury Bills, 4.070%, 10/2/2025 | 912797MS3 | 10/2/2025 | 4.27% | $8,934,203 | 0.15% | |
| United States Treasury Bills, 4.050%, 2/19/2026 | 912797PM3 | 2/19/2026 | 4.21% | $8,794,080 | 0.15% | |
| United States Treasury Bills, 4.105%, 10/30/2025 | 912797NA1 | 10/30/2025 | 4.30% | $5,936,363 | 0.10% | |
| United States Treasury Bills, 3.955%, 5/14/2026 | 912797QN0 | 5/14/2026 | 4.18% | $5,808,120 | 0.10% | |
| BNP Paribas SA, REPO, 4.360%, 8/1/2025 | 963FTR002 | 8/1/2025 | 4.42% | $399,512,000 | 6.78% | |
| BNP Paribas SA, REPO, 4.360%, 8/1/2025 | 963FTR002 | 8/1/2025 | 4.42% | $264,000,000 | 4.48% | |
| Barclays Bank plc, REPO, 4.360%, 8/1/2025 | 0673PA005 | 8/1/2025 | 4.42% | $250,000,000 | 4.24% | |
| BofA Securities, Inc., REPO, 4.360%, 8/1/2025 | 983JVMII0 | 8/1/2025 | 4.42% | $150,000,000 | 2.54% | |
| Federal Home Loan Bank System Floating Rate Notes, 4.345%, 3/12/2026 | 3130B73Q5 | 3/12/2026 | 4.34% | $34,999,726 | 0.59% | |
| Federal Home Loan Bank System Notes, 4.380%, 6/18/2026 | 3130B6KU9 | 6/18/2026 | 4.43% | $34,983,550 | 0.59% | |
| Federal Home Loan Bank System Notes, 4.335%, 1/14/2026 | 3130B47H8 | 1/14/2026 | 4.69% | $30,949,780 | 0.52% | |
| Federal Home Loan Bank System Floating Rate Notes, 4.385%, 9/16/2025 | 3130B2NY7 | 9/16/2025 | 4.20% | $30,002,700 | 0.51% | |
| Federal Home Loan Bank System Floating Rate Notes, 4.355%, 1/26/2026 | 3130B5Z43 | 1/26/2026 | 4.32% | $30,004,200 | 0.51% | |
| Federal Home Loan Bank System Notes, 4.360%, 2/13/2026 | 3130B4MS7 | 2/13/2026 | 4.63% | $29,958,900 | 0.51% | |
| Federal Home Loan Bank System Floating Rate Notes, 4.340%, 10/9/2025 | 3130B4JK8 | 10/9/2025 | 4.28% | $25,000,750 | 0.42% | |
| Federal Home Loan Bank System Floating Rate Notes, 4.320%, 12/26/2025 | 3130B6TX4 | 12/26/2025 | 4.30% | $24,999,500 | 0.42% | |
| Federal Home Loan Bank System Notes, 4.350%, 3/2/2026 | 3130B4UV1 | 3/2/2026 | 4.64% | $24,959,500 | 0.42% | |
| Federal Home Loan Bank System Notes, 4.380%, 3/23/2026 | 3130B5AZ1 | 3/23/2026 | 4.56% | $24,972,250 | 0.42% | |
| Federal Home Loan Bank System Notes, 4.445%, 6/18/2026 | 3130B6KN5 | 6/18/2026 | 4.51% | $24,985,750 | 0.42% | |
| Federal Home Loan Bank System Notes, 4.340%, 4/17/2026 | 3130B5MM7 | 4/17/2026 | 4.55% | $23,952,480 | 0.41% | |
| Federal Home Loan Bank System Floating Rate Notes, 4.320%, 1/12/2026 | 3130B6YV2 | 1/12/2026 | 4.31% | $22,999,540 | 0.39% | |
| Federal Home Loan Bank System Floating Rate Notes, 4.480%, 10/20/2025 | 3130AXGM4 | 10/20/2025 | 4.30% | $20,007,126 | 0.34% | |
| Federal Home Loan Bank System Floating Rate Notes, 4.475%, 12/8/2025 | 3130AXYH5 | 12/8/2025 | 4.27% | $20,011,041 | 0.34% | |
| Federal Farm Credit System Floating Rate Notes, 4.430%, 4/9/2026 | 3133ERAG6 | 4/9/2026 | 4.40% | $20,002,606 | 0.34% | |
| Federal Home Loan Bank System Notes, 4.360%, 5/22/2026 | 3130B62L9 | 5/22/2026 | 4.57% | $19,967,200 | 0.34% | |
| Federal Home Loan Bank System Notes, 4.380%, 6/12/2026 | 3130B6HR0 | 6/12/2026 | 4.50% | $19,978,800 | 0.34% | |
| Federal Farm Credit System Floating Rate Notes, 4.425%, 6/4/2027 | 3133ETKK2 | 6/4/2027 | 4.42% | $19,999,600 | 0.34% | |
| Federal Farm Credit System Floating Rate Notes, 4.415%, 6/17/2027 | 3133ETLK1 | 6/17/2027 | 4.42% | $19,995,800 | 0.34% | |
| Federal Home Loan Bank System Floating Rate Notes, 4.395%, 4/9/2027 | 3130B5UR7 | 4/9/2027 | 4.39% | $18,999,430 | 0.32% | |
| Federal Farm Credit System Floating Rate Notes, 4.470%, 11/13/2026 | 3133ERZX2 | 11/13/2026 | 4.40% | $18,011,700 | 0.31% | |
| Federal Home Loan Bank System Floating Rate Notes, 4.320%, 12/11/2025 | 3130B5U55 | 12/11/2025 | 4.28% | $14,999,850 | 0.25% | |
| Federal National Mortgage Association Floating Rate Notes, 4.420%, 6/18/2026 | 3135G07G2 | 6/18/2026 | 4.33% | $15,009,450 | 0.25% | |
| Federal Farm Credit System Floating Rate Notes, 4.445%, 7/23/2026 | 3133ERLR0 | 7/23/2026 | 4.41% | $15,004,950 | 0.25% | |
| Federal Farm Credit System Floating Rate Notes, 4.470%, 9/17/2026 | 3133ERTB7 | 9/17/2026 | 4.41% | $15,008,550 | 0.25% | |
| Federal Home Loan Bank System Floating Rate Notes, 4.465%, 9/25/2026 | 3130B2UL7 | 9/25/2026 | 4.37% | $15,015,055 | 0.25% | |
| Federal Home Loan Mortgage Corp. Floating Rate Notes, 4.415%, 6/16/2027 | 3134HBVX6 | 6/16/2027 | 4.43% | $14,996,100 | 0.25% | |
| Federal Farm Credit System Floating Rate Notes, 4.450%, 7/29/2027 | 3133ETRA7 | 7/29/2027 | 4.45% | $14,999,850 | 0.25% | |
| Federal Farm Credit System Floating Rate Notes, 4.425%, 6/12/2026 | 3133ERHC8 | 6/12/2026 | 4.38% | $14,003,780 | 0.24% | |
| Federal Home Loan Bank System Floating Rate Notes, 4.505%, 11/4/2026 | 3130B3G64 | 11/4/2026 | 4.46% | $14,004,340 | 0.24% | |
| Federal National Mortgage Association Floating Rate Notes, 4.460%, 10/23/2026 | 3135G07L1 | 10/23/2026 | 4.38% | $13,011,440 | 0.22% | |
| Federal Farm Credit System Floating Rate Notes, 4.400%, 4/9/2027 | 3133ETCN5 | 4/9/2027 | 4.42% | $12,994,410 | 0.22% | |
| Federal Farm Credit System Floating Rate Notes, 4.410%, 2/2/2026 | 3133ERDN8 | 2/2/2026 | 4.28% | $12,005,040 | 0.20% | |
| Federal Home Loan Mortgage Corp. Floating Rate Notes, 4.460%, 10/16/2026 | 3134HATA1 | 10/16/2026 | 4.43% | $12,009,000 | 0.20% | |
| Federal Home Loan Bank System Floating Rate Notes, 4.440%, 4/9/2027 | 3130B5VS4 | 4/9/2027 | 4.45% | $10,997,140 | 0.19% | |
| Federal Farm Credit System Floating Rate Notes, 4.475%, 9/5/2025 | 3133EPVF9 | 9/5/2025 | 4.14% | $10,001,450 | 0.17% | |
| Federal Home Loan Bank System Floating Rate Notes, 4.325%, 12/10/2025 | 3130B5U89 | 12/10/2025 | 4.27% | $9,999,900 | 0.17% | |
| Federal Home Loan Bank System Floating Rate Notes, 4.355%, 1/27/2026 | 3130B5ZR2 | 1/27/2026 | 4.32% | $10,001,400 | 0.17% | |
| Federal Farm Credit System Floating Rate Notes, 4.400%, 2/10/2026 | 3133ERGM7 | 2/10/2026 | 4.29% | $10,003,300 | 0.17% | |
| Federal Home Loan Bank System Floating Rate Notes, 4.420%, 5/28/2026 | 3130B1L96 | 5/28/2026 | 4.32% | $10,006,000 | 0.17% | |
| Federal Farm Credit System Floating Rate Notes, 4.440%, 7/23/2026 | 3133ERMC2 | 7/23/2026 | 4.37% | $10,006,200 | 0.17% | |
| Federal National Mortgage Association Floating Rate Notes, 4.460%, 11/20/2026 | 3135G1AA9 | 11/20/2026 | 4.32% | $10,015,100 | 0.17% | |
| Federal National Mortgage Association Floating Rate Notes, 4.460%, 12/11/2026 | 3135G1AB7 | 12/11/2026 | 4.37% | $10,010,800 | 0.17% | |
| Federal Home Loan Bank System Floating Rate Notes, 4.420%, 6/22/2026 | 3130B1SR9 | 6/22/2026 | 4.33% | $9,005,760 | 0.15% | |
| Federal Farm Credit System Floating Rate Notes, 4.470%, 9/3/2026 | 3133ERRV5 | 9/3/2026 | 4.40% | $9,004,860 | 0.15% | |
| Federal Home Loan Mortgage Corp. Floating Rate Notes, 4.430%, 5/7/2026 | 3134HAVY6 | 5/7/2026 | 4.33% | $8,005,120 | 0.14% | |
| Federal Farm Credit System Floating Rate Notes, 4.420%, 6/18/2026 | 3133ERHP9 | 6/18/2026 | 4.33% | $8,005,040 | 0.14% | |
| Federal Farm Credit System Floating Rate Notes, 4.460%, 8/26/2026 | 3133ERQW4 | 8/26/2026 | 4.35% | $8,007,441 | 0.14% | |
| Federal Farm Credit System Floating Rate Notes, 4.470%, 9/23/2026 | 3133ERUA7 | 9/23/2026 | 4.41% | $8,004,720 | 0.14% | |
| Federal Farm Credit System Floating Rate Notes, 4.465%, 1/21/2027 | 3133ERV99 | 1/21/2027 | 4.44% | $8,002,240 | 0.14% | |
| Federal Farm Credit System Floating Rate Notes, 4.480%, 8/4/2025 | 3133EPRW7 | 8/4/2025 | 4.00% | $7,000,071 | 0.12% | |
| Federal Farm Credit System Floating Rate Notes, 4.455%, 9/16/2026 | 3133ERXV8 | 9/16/2026 | 4.36% | $7,006,090 | 0.12% | |
| Federal Farm Credit System Floating Rate Notes, 4.465%, 10/16/2026 | 3133ERXS5 | 10/16/2026 | 4.41% | $7,003,850 | 0.12% | |
| Federal Farm Credit System Floating Rate Notes, 4.410%, 3/11/2027 | 3133ER6L0 | 3/11/2027 | 4.40% | $6,999,860 | 0.12% | |
| Federal Farm Credit System Floating Rate Notes, 4.375%, 2/13/2026 | 3133ERS85 | 2/13/2026 | 4.30% | $6,001,200 | 0.10% | |
| Federal Farm Credit System Floating Rate Notes, 4.430%, 6/24/2026 | 3133ERJD4 | 6/24/2026 | 4.38% | $6,001,740 | 0.10% | |
| Federal Farm Credit System Floating Rate Notes, 4.400%, 3/11/2027 | 3133ETAA5 | 3/11/2027 | 4.39% | $5,999,940 | 0.10% | |
| Federal Farm Credit System Floating Rate Notes, 4.435%, 5/27/2027 | 3133ETJA6 | 5/27/2027 | 4.42% | $5,999,940 | 0.10% | |
| Federal Farm Credit System Floating Rate Notes, 4.385%, 8/28/2025 | 3133ERRN3 | 8/28/2025 | 4.08% | $5,000,200 | 0.08% | |
| Federal Farm Credit System Floating Rate Notes, 4.405%, 3/20/2026 | 3133ERL58 | 3/20/2026 | 4.31% | $5,002,450 | 0.08% | |
| Federal Farm Credit System Floating Rate Notes, 4.425%, 5/6/2026 | 3133ERDP3 | 5/6/2026 | 4.37% | $5,001,050 | 0.08% | |
| Federal Farm Credit System Floating Rate Notes, 4.420%, 6/5/2026 | 3133ERGH8 | 6/5/2026 | 4.38% | $5,000,700 | 0.08% | |
| Federal Farm Credit System Floating Rate Notes, 4.470%, 12/4/2026 | 3133ERH20 | 12/4/2026 | 4.40% | $5,003,450 | 0.08% | |
| Federal Farm Credit System Floating Rate Notes, 4.400%, 3/11/2027 | 3133ER6X4 | 3/11/2027 | 4.41% | $4,998,300 | 0.08% | |
| Federal Farm Credit System Floating Rate Notes, 4.460%, 11/4/2026 | 3133ERZJ3 | 11/4/2026 | 4.37% | $4,003,680 | 0.07% | |
| Federal Farm Credit System Floating Rate Notes, 4.450%, 8/28/2026 | 3133ERYS4 | 8/28/2026 | 4.36% | $3,002,340 | 0.05% | |
| Federal Farm Credit System Floating Rate Notes, 4.445%, 9/8/2026 | 3133ERH38 | 9/8/2026 | 4.37% | $2,001,340 | 0.03% | |
| Federal Farm Credit System Floating Rate Notes, 4.375%, 9/17/2026 | 3133ER7M7 | 9/17/2026 | 4.38% | $1,999,720 | 0.03% | |
| Federal Home Loan Bank System Discount Notes, 4.264%, 10/17/2025 | 313385NB8 | 10/17/2025 | 4.34% | $29,724,075 | 0.50% | |
| Federal Home Loan Bank System Discount Notes, 4.100%, 1/2/2026 | 313385RG3 | 1/2/2026 | 4.26% | $16,698,073 | 0.28% | |
| Federal Home Loan Bank System Discount Notes, 4.270%, 10/10/2025 | 313385MU7 | 10/10/2025 | 4.34% | $7,933,040 | 0.13% |