PRSXX — Federated Hermes Institutional Prime Obligations Fund

PRSXX Fund Overview

PRSXX — 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: PRSXX
• SEC CIK: 0000856517
• SEC series ID: S000009574
• Share class ID: C000026157

PRSXX 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"")."

PRSXX Costs and Fees

PRSXX costs about $45 per $10,000 invested per year in fund expenses.

• Net expense ratio: 0.45%
• Gross expense ratio: 0.49%

PRSXX Debt Constituents

No individual debt constituents are reported in Federated Hermes Institutional Prime Obligations Fund's latest SEC N-PORT filing.

PRSXX Prospectus and SEC Filings

Official Federated Hermes Institutional Prime Obligations Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

• Prospectus (485BPOS) — filed 2026-09-24
• Prospectus (485BPOS) — filed 2025-09-24
• Prospectus (485BPOS) — filed 2024-09-25
• Annual census (N-CEN) — filed 2024-10-03
• Annual census (N-CEN) — filed 2023-10-11
• Annual census (N-CEN) — filed 2022-10-03

Related Funds

Other Money Market funds tracked on ABC INVEST:

• Emerald Growth Fund (HSPCX)
• Barings Active Short Duration Bond Fund (BXDIX)
• IVA Worldwide Fund (IVWAX)
• Stadion Tactical Growth Fund (ETFDX)
• BBH Partner Fund - Select Short Term Assets (BBSTX)

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.