Federated Hermes US Treas Cash Res IS
Investment Strategy
The investment seeks current income consistent with stability of principal and liquidity. The fund will operate as a "government money market fund". "Government money market funds" are required to invest at least 99.5% of their total assets in cash; securities issued or guaranteed by the United States or certain U.S. government agencies or instrumentalities; and/or repurchase agreements that are collateralized fully. Government money market funds are exempt from requirements that permit money market funds to impose a liquidity fee and/or temporary redemption gates.Investment Expenses, Sales Charges, and Fees
Annual Operating Expense
Net Expense Ratio: 0.20%
Average Annual Total Returns
All average annual total returns are reported net of all fees and as of the end of the last quarter. Past performance does not guarantee future results.
| Year | 1 | 3 | 5 | 10 |
Since Inception (06/11/1991) |
|---|---|---|---|---|---|
Total Returns |
4.85%
|
4.16%
|
2.49%
|
1.73%
|
2.44%
|
Impact of Expenses and Fees
The table below assumes the investor invests $10,000 on the first day of year one and that the original investment earns a continuous 5% return. In addition, it assumes the
investor reinvests all earnings, and makes no additional contributions. The 5% rate of return is hypothetical and used only to illustrate the respective impacts of different fee
amounts on each investment. It is not intended to predict future investment returns.
Calculations are done by the 403bCompare site in an effort to provide a standardized comparison of the impact of all fees associated with an investment option. This includes all
required 403(b) product-level fees, and investment-level fees. For more information on fees or expenses associated with a 403(b) product or investment option, please refer
fees located in Help & Resources .
| If Shares are Redeemed | |||||
|---|---|---|---|---|---|
| End of year |
1
|
5
|
10
|
15
|
20
|
| Total Fees and Charges |
$48
|
$259
|
$582
|
$985
|
$1,487
|
| If Shares are Not Redeemed | |||||
|---|---|---|---|---|---|
| End of year |
1
|
5
|
10
|
15
|
20
|
| Total Fees and Charges |
$48
|
$259
|
$582
|
$985
|
$1,487
|