Domestic Funds Fee Waiver Notice

April 30 2022

Due to current market conditions, Federated Hermes is reducing certain fees and/or payments on several money market funds in order to help the funds maintain a zero or positive net yield. For the month ending April 30, 2022, the Distribution (Rule 12b-1) Fees, Service Fee/Account Administration Fees, Recordkeeping Fees and/or Supplemental Payments (as applicable) on the money market funds listed below have been temporarily reduced as set forth below in accordance with Schedule 1 of the applicable Selling/ Service Agreement or Recordkeeping Agreement.

California Municipal Cash Trust, CII
California Municipal Cash Trust, CS
Capital Reserves Fund
Government Obligations Fund, ADM
Government Obligations Fund, CII
Government Obligations Fund, CS
Government Obligations Fund, SS
Government Obligations Fund, TR
Government Obligations Tax-Managed Fund, AS
Government Obligations Tax-Managed Fund, SS
Government Reserves Fund, A
Government Reserves Fund, C
Government Reserves Fund, F
Government Reserves Fund, P
Municipal Obligations Fund, CII
Municipal Obligations Fund, CS
Municipal Obligations Fund, IV
New York Municipal Cash Trust, CII
New York Municipal Cash Trust, CS
New York Municipal Cash Trust, SS
Prime Cash Obligations Fund, AS
Prime Cash Obligations Fund, CII
Prime Cash Obligations Fund, CS
Prime Cash Obligations Fund, R
Prime Cash Obligations Fund, TR
Treasury Obligations Fund, AS
Treasury Obligations Fund, SS
Treasury Obligations Fund, TR
Trust For U.S. Treasury Obligations, CII
Trust For U.S. Treasury Obligations, CS
U.S. Treasury Cash Reserves, SS

Federated Hermes is monitoring the markets on a daily basis and will provide updates to these fee reductions as conditions warrant. Although Federated Hermes believes that conditions in the markets will change, so that the fee reductions can be eliminated, it cannot predict the timing. Please contact your Federated Hermes representative for information regarding fees currently payable on these funds.

Information is for the month of April 2022 and is subject to change. 

Federated Securities Corp., Distributor
Federated Hermes, Inc.
1001 Liberty Avenue
Pittsburgh, PA 15222-3779
Contact us at or call 1-800-341-7400.