Overview

Investing across the curve

Money market funds are highly liquid, high quality, low risk mutual funds with the primary investment objective of current income, consistent with liquidity and stability of principal. Weighted average maturities must be 60 days or less and funds are bound by SEC Rule 2a-7.

Microshort funds extend the liquidity universe through the addition of security types slightly outside the purview of SEC Rule 2a-7. Microshorts pursue a yield advantage over money market funds while seeking low NAV volatility and maintaining a maximum weighted average maturity (WAM) of 180 days.

While focused on pursuing low principal volatility, Ultrashorts seek additional yield over stable NAV products. Durations of less than a year can also help mitigate some interest-rate risks seen with longer-term fixed income exposure.

For investors with slightly longer time horizons, up to three years, short duration funds can offer an incremental yield advantage over short products, while utilizing a rigorous credit review process and intensive interest rate analysis.

Liquidity

Microshorts

Ultrashorts

Low Duration

A pioneer in liquidity management since 1974

Committed to liquidity management

INNOVATION

EXPERIENCE

SOLUTIONS

Federated Hermes Liquidity Management

Our product offerings include:

U.S. and offshore domiciled money market funds Local Government Investment Pools (LGIPs) Collective and 3(c)7 private liquidity funds Variable annuity, and sub-advised money funds Fully customizable institutional separate accounts

AUM across the curve

Assets (in billions)

Our three-pronged investment approach empowers portfolio managers, analysts and traders to present their best ideas ensuring integrity and quality of the research process.

View our investors guide

Understanding Federated Hermes’ liquidity management

Federated Hermes has maintained a steadfast dedication to products and services that meet investor requirements for diligent credit analysis, broad diversification, competitive yields and daily liquidity.

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Disciplined management by a money market leader

Environmental, Social and Governance

United States

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Environmental, Social and Governance

Our Corporate Sustainability Report provides a better understanding of the policies and practices that underpin Federated Hermes' commitment to responsible investment management, both in how we manage our investment products and services as well as how we operate as a company.

View report

Corporate Sustainability Report

SOLUTIONS

Education

Our liquidity specialists and portfolio managers (PM's) partner with clients to understand and cater to their unique liquidity needs. Our dedication to serving clients is at the center of all our investment decisions.

Our deep bench of investment professionals averages over 20 years of industry experience. Federated Hermes’ dedication to liquidity management has created an investment culture of commitment and industry leadership that has delivered capital preservation while maximizing yield opportunities through all market conditions. That’s why our stable money market portfolios have never broken $1.00 , and we have never had to infuse capital to protect.

Experience has delivered results

Innovation anticipates changing needs

Short Term Investments Committee

The Short Term Investments Committee is a collection of investment professionals with in-depth experience investing across the 0-3-year part of the yield curve. On a monthly basis, the committee meets to provide insights, strategize and discuss investment opportunities.

Market insights and investment views

LIQUIDITY MANAGEMENT

Click here to read the committee's latest thinking

Although Federated Hermes stable NAV money market portfolios have never broken the $1.00 stated price, there is no guarantee that such price stability will be achieved in the future. Past performance is no guarantee of future results.

Money market funds

Microshort funds

Ultrashort funds

Low duration funds

Liquidity management profile

$634B AUM in 0-3 years

As of 9/30/2024

Team of over 30 analysts, PMs and traders Team averages over 24 years of experience Never had to infuse capital to protect NAV

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For nearly 50 years, liquidity management has been a core business of Federated Hermes. We use our decades of experience, history of innovation and unwavering client focus to provide sound liquidity management through all market environments. We offer one of the largest and most innovative menus of targeted solutions. Our product offerings include U.S. and offshore domiciled money market funds, as well as Local Government Investment Pools (LGIPs), collective and 3(c)7 private liquidity funds, variable annuity, and sub-advised money funds, plus fully customizable institutional separate accounts.

U.S. and offshore domiciled money market funds Local Government Investment Pools (LGIPs), Collective and 3(c)7 private liquidity funds, Variable annuity, and sub-advised money funds, Fully customizable institutional separate accounts.

Our product offerings include:

CLIENT FOCUS

Innovation improves client experiences and outcomes. We innovate by developing liquidity strategies, pioneering regulatory changes, enhancing access to securities and more. Federated Hermes’ innovation supports the changing needs of our clients.

Client focus fuels our culture

Government liquidity $362.2 Prime liquidity $210.8 Tax-Free liquidity $13.6

Short Duration

Fixed Income

39.5B

Liquidity management is a core business of Federated Hermes and we offer one of the largest menus of targeted solutions. We use our decades of experience to ruthlessly vet investments and provide sound liquidity management through all market environments.

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