Federated Hermes New York Municipal Cash TrustFNTXX

MONEY MARKET FUNDFederated Hermes
Type
Money market fund
Peer group
Money market: tax-exempt
Net assets
$870.4M
Expense ratio
0.54%
1-year return
—
3 years, a year
—
5 years, a year
—
7-day yield
2.06%

What it aims to do.

The Fund is a money market fund that seeks to maintain a stable net asset value (NAV) of $1.00 per Share. The Funds investment objective is to provide current income exempt from federal regular income tax and the personal income taxes imposed by New York State and New York municipalities consistent with stability of principal.

More on FNTXX.

Returns after fees, from the fund's SEC filings. Past returns are not a promise. Not financial advice.