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KMMXX

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    1.0012$
  • Previous Close
    1.0012$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

KMMXX.US represents the Federated Hermes Treasury Obligations Fund Institutional Shares. It's a money market fund that primarily invests in U.S. Treasury securities, repurchase agreements collateralized by U.S. Treasury securities, and other obligations of the U.S. government. As an institutional share class, it typically requires a higher minimum investment amount compared to retail share classes of the same fund. The fund aims to provide current income consistent with the preservation of capital and liquidity, making it a relatively conservative investment option.
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Factors

Market Interest Rates: Rising interest rates generally decrease KMMXX.US's price, as newer funds offer higher yields. Falling rates increase the price, making KMMXX.US more attractive.

Credit Risk: Perceived creditworthiness of KMMXX.US's underlying investments impacts the price. Higher risk leads to lower price, lower risk to a higher one.

Fund Management: The fund manager's expertise and strategy influence returns and consequently, KMMXX.US's price. Efficient management often leads to higher prices.

Economic Conditions: Overall economic health influences investor confidence and demand for KMMXX.US, affecting its price. Strong economy, higher price.

Inflation: Higher inflation erodes the real value of investments, potentially reducing KMMXX.US's price as investors seek higher returns elsewhere.

Supply and Demand: Basic market forces. Increased demand raises KMMXX.US's price, while increased supply lowers it.

Liquidity: The ease with which KMMXX.US can be bought or sold affects its price. Higher liquidity usually results in slightly higher prices due to lower transaction costs.

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