GOFXX Mutual Fund — Federated Hermes Govt Obl Premier

Federated Hermes Govt Obl Premier (GOFXX)

Updated October 16, 2026.

GOFXX is a low-cost Mutual Fund. its distribution rate is 1.18%, its trailing-12-month yield is 1.18%, its expense ratio is 0.1572%. Total return is 11.7% over the past 3.4 years, 77.3 points behind SPY at 89.0%.

Federated Hermes Govt Obl Premier is a money market mutual fund that invests in short-term U.S. government obligations and related securities. The fund carries a current distribution rate in the low range, paid monthly, with a very large asset base. The fund appeals to conservative income investors seeking stability and regular distributions from government-backed instruments.

GOFXX performance versus SPY

Price and return data through 2026-10-16.

Total return is 11.7% over the past 3.4 years, 77.3 points behind SPY at 89.0%. Over the past year its total return — price change plus distributions reinvested — is 1.2%.

GOFXX key facts

Issuer

Federated Hermes

Asset type

Mutual Fund

Asset class

Fixed Income

Expense ratio

0.1572%

Distribution rate

1.18%

Distribution frequency

Monthly

Trailing yield

1.18%

Last close

$1.00 (as of 2026-10-16)

NAV

$1.00 as of 2026-09-30; source eodhd (stale)

Premium / discount

N/A (price 2026-10-16, NAV 2026-09-30) (NAV stale)

AUM

$102,622,068,736

Average volume

0.0

Dividend

$0.00293

Ex-dividend date

04/30/2026

Payment date

04/30/2026

Beta

0.006

How Dividend Vision calculates yield and returns

Distribution rate (1.18%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (1.18%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Federated Hermes; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

GOFXX risks and drawbacks

GOFXX's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Total return has trailed SPY over the available window.

Who may consider GOFXX — and who may not

GOFXX may suit someone looking for low-cost broad dividend exposure. It is a weaker fit for investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on GOFXX

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Tagged: Mutual Fund.

Frequently asked questions

More securities from Federated Hermes.