POIXX — Federated Hermes Institutional Prime Obligations Fund
Data updated: 2026-09-24
POIXX — Federated Hermes Institutional Prime Obligations Fund. Money Market · 0.20% expense ratio. Holdings, fees, performance and SEC filings.
POIXX Fund Overview
POIXX — Federated Hermes Institutional Prime Obligations Fund is a US mutual fund managed by Federated Hermes Money Market Obligations Trust, categorised as Money Market. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Federated Hermes Money Market Obligations Trust
- Category: Money Market
- Ticker: POIXX
- SEC CIK: 0000856517
- SEC series ID: S000009574
- Share class ID: C000026156
POIXX Investment Objective and Strategy
Federated Hermes Institutional Prime Obligations Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Federated Hermes Money Market Obligations Trust.
Investment objective
The Fund's investment objective is to provide current income consistent with stability of principal.
Principal investment strategy
"The Fund invests primarily in a portfolio of high-quality, dollar-denominated fixed-income securities which: (1) are issued by banks, corporations and the U.S. government; and (2) mature in 397 days or less. Certain of the government securities in which the Fund invests are not backed by the full faith and credit of the U.S. government, such as those issued by the Federal Home Loan Mortgage Corporation (""Freddie Mac""), the Federal National Mortgage Association (""Fannie Mae"") and the Federal Home Loan Bank System. These entities are, however, supported through federal subsidies, loans or other benefits. The Fund may also invest in government securities that are supported by the full faith and credit of the U.S. government, such as those issued by the Government National Mortgage Association (""Ginnie Mae"").
Finally, the Fund may invest in a few government securities that are issued by entities whose activities are sponsored by the federal government, but that have no explicit financial support. In pursuing its investment objective and implementing its investment strategies, the Fund will comply with Rule 2a-7 under the Investment Company Act of 1940 (""Rule 2a-7"")."
POIXX Costs and Fees
POIXX costs about $20 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.20%
- Gross expense ratio: 0.24%
POIXX Debt Constituents
No individual debt constituents are reported in Federated Hermes Institutional Prime Obligations Fund's latest SEC N-PORT filing.
POIXX Prospectus and SEC Filings
Official Federated Hermes Institutional Prime Obligations Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other Money Market funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.