TBIXX Mutual Fund

TBIXX Mutual Fund

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Fund Essentials - as of Sep 30, 2026

Net Assets
$6.4B
Expense Ratio
0.21%
Dividend Yield (Current)
2.35%
Holdings
422
Inception Date
Dec 12, 1989
Fund Family
Federated Hermes
Investment Style
PRO
Asset Class
PRO
Legal Structure
PRO
Dividend Frequency
Monthly
SEC 30-Day Yield
PRO

Performance

YTD+1.22%
1 Year+1.45%
3 Year+1.91%
5 Year+1.71%
10 Year+1.29%

Asset Allocation

Stocks: 1.21%
Bonds: 97.01%
Other: 1.77%
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Top Holdings

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TickerNameWeight
-Nuveen Enhanced Amt-Free Municipal Credit Opportunities Fund Vrdp Vrdo 0% 12/01/20402.03%
-Parish of St James La 11/01/20401.87%
-Nuveen Amt-Free Municipal Credit Income Fund, (Series 4), 1.0% , 6/1/20461.77%
-Tender Option Bond Trust Recei1.30%
-Public Fin Auth 2.10% 03/01/2026 2.1 2026-03-011.29%
Top 10 Concentration: 13.85%Report Date: Sep 30, 2026
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Dividend Summary

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Dividend Yield (Current)
2.35%
Frequency
Monthly
Latest Distribution
$0.00
-

Peer Comparison

Benchmark
PRO
Peer outperformance: PRO
Category rank: PRO
This Mutual Fund
PRO
Peer Avg
PRO

TBIXX Mutual Fund Overview

TBIXX Mutual Fund (Federated Hermes Tax-Free Obligations Fund Wealth Class) is managed by Federated Hermes with $6.45B in net assets. TBIXX expense ratio is 0.21%, holding 422 positions across sectors including Financials, Health Care, Real Estate. Inception date: 1989-12-12.

TBIXX performance shows a YTD return of 1.22%. The 1-year return is 1.45% and the 5-year return is 1.71%. TBIXX dividend yield stands at 2.35%, paid monthly.

TBIXX top holdings include Nuveen Enhanced Amt-Free Municipal Credit Opportunities Fund Vrdp Vrdo 0% 12/01/2040 (2.0%), Parish of St James La 11/01/2040 (1.9%), Nuveen Amt-Free Municipal Credit Income Fund, (Series 4), 1.0% , 6/1/2046 (1.8%), Tender Option Bond Trust Recei (1.3%), Public Fin Auth 2.10% 03/01/2026 2.1 2026-03-01 (1.3%). Go to all TBIXX holdings, TBIXX sectors, or TBIXX dividends.

TBIXX can be compared against other funds. Use TBIXX overlap to find shared positions, or TBIXX vs another fund for a side-by-side view. TBIXX alternatives are available via the screener, along with tax-loss harvesting opportunities.