Correspondence 0001623632-25-000214 from Federated Hermes Money Market Obligations Trust (CIK 0000856517)
Federated Hermes Money Market Obligations Trust (CIK 0000856517)
Date: Feb. 13, 2025 · CIK: 0000856517 · Accession: 0001623632-25-000214
AI Filing Summary & Sentiment
File numbers found in text: 811-05950
Letter
Division of Investment Management Federated Hermes U.S. Treasury Cash Reserves (the “Fund”) Cash Reserve Shares 1933 Act File No. 033-31602 1940 Act File No. 811-05950
Dear Mr. Williams:
On January 30, 2025, the Registrant filed Post-Effective Amendment No. 262 under the Securities Act of 1933, as amended (the “1933 Act”), and Amendment No. 264 under the Investment Company Act of 1940, as amended, to the Registration Statement of the above-named Registrant and Fund to register a new class of shares, Cash Reserve Shares. The Amendment’s SEC Accession No. is 0001623632-25-000172.
As indicated on the facing page of the Amendment, the Registrant has specified that it is to become effective automatically 60 days after filing pursuant to the provisions of Rule 485(a) (1) under the 1933 Act.
Following the submission of the Amendment, the Registrant has determined to add clarifying language to the Fund’s prospectus and wishes to advise the Staff of the Securities and Exchange Commission (the “Staff”) so that the clarifying disclosure may be considered during Staff review of the Amendment.
The Registrant proposes to delete the following disclosures:
Summary Prospectus “Purchase and Sale of Fund Shares”:
“The Cash Reserve Shares offered through this Prospectus are available for purchase exclusively to shareholders investing through The Bank of New York Mellon (BNY), a financial intermediary, which has entered into an agreement with the Fund’s Distributor with respect to the Cash Reserve Shares. Cash Reserve Shares may not be purchased directly from the Fund.”
Statutory Prospectus “How is the Fund Sold?”
“The Cash Reserve Shares offered through this Prospectus are available for purchase exclusively to shareholders investing through BNY, a financial intermediary, which has entered into an agreement with the Fund’s Distributor with respect to the Cash Reserve Shares.”
Statutory Prospectus “How to Purchase Shares”
“You may purchase Shares through a financial intermediary or through an exchange from another Federated Hermes fund. The Fund reserves the right to reject any request to purchase or exchange Shares. New investors must submit a completed New Account Form.
The CRS class offered through this Prospectus are available for purchase exclusively to shareholders investing through BNY, a financial intermediary, which has entered into an agreement with the Fund’s Distributor with respect to the CRS class. See “Through A Financial Intermediary” for additional details.”
The above disclosures would be replaced with:
Summary Prospectus “Purchase and Sale of Fund Shares” and Statutory Prospectus “How is the Fund Sold?”
"The Cash Reserve Shares offered through this Prospectus are available for purchase exclusively to shareholders investing through The Bank of New York Mellon (BNY), a financial intermediary, which has entered into an agreement with the Fund’s Distributor with respect to the Cash Reserve Shares. Cash Reserve Shares may not be purchased directly from the Fund. The Fund has been informed that BNY may employ blockchain technology to maintain a record of share ownership for their customers on various blockchain-enabled platforms. The Fund and the Cash Reserve Share Class do not themselves employ blockchain technology.”
Statutory Prospectus “How to Purchase Shares”
“You may purchase Shares or exchange into Shares from another Federated Hermes fund through BNY. The Fund reserves the right to reject any request to purchase or exchange Shares. New investors must submit a completed New Account Form. See “Through A Financial Intermediary” for additional details.”
Thank you for your consideration of this clarifying disclosure as you review the Registrant’s Amendment.
Questions on this letter or requests for additional information may be directed to me at Kary.Moore@FederatedHermes.com or by phone at 724-720-8533.
Very truly yours,
/s/ Kary A. Moore
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FEDERATED HERMES MONEY MARKET OBLIGATIONS TRUST
4000 Ericsson Drive
Warrendale, Pennsylvania 15086-7561
February 13, 2025
Matthew Williams
U.S. Securities and Exchange Commission
Branch Chief
Division of Investment Management
100 F Street, N.E.
Washington, DC 20549-4720
RE:
FEDERATED HERMES MONEY MARKET OBLIGATIONS TRUST (the “Registrant”)
Federated Hermes U.S. Treasury Cash Reserves (the “Fund”)
Cash Reserve Shares
1933 Act File No. 033-31602
1940 Act File No. 811-05950
Dear Mr. Williams:
On January 30, 2025, the Registrant filed Post-Effective Amendment
No. 262 under the Securities Act of 1933, as amended (the “1933 Act”), and Amendment No. 264 under the Investment Company
Act of 1940, as amended, to the Registration Statement of the above-named Registrant and Fund to register a new class of shares, Cash
Reserve Shares. The Amendment’s SEC Accession No. is 0001623632-25-000172.
As indicated on the facing page of the Amendment, the Registrant has
specified that it is to become effective automatically 60 days after filing pursuant to the provisions of Rule 485(a) (1) under the 1933
Act.
Following the submission of the Amendment, the Registrant has determined
to add clarifying language to the Fund’s prospectus and wishes to advise the Staff of the Securities and Exchange Commission (the
“Staff”) so that the clarifying disclosure may be considered during Staff review of the Amendment.
The Registrant proposes to delete the following disclosures:
Summary Prospectus “Purchase and Sale of Fund Shares”:
“The Cash Reserve Shares offered through this
Prospectus are available for purchase exclusively to shareholders investing through The Bank of New York Mellon (BNY), a financial intermediary,
which has entered into an agreement with the Fund’s Distributor with respect to the Cash Reserve Shares. Cash Reserve Shares may
not be purchased directly from the Fund.”
Statutory Prospectus “How is the Fund Sold?”
“The Cash Reserve Shares offered through this
Prospectus are available for purchase exclusively to shareholders investing through BNY, a financial intermediary, which has entered into
an agreement with the Fund’s Distributor with respect to the Cash Reserve Shares.”
Statutory Prospectus “How to Purchase Shares”
“You may purchase Shares through a financial intermediary
or through an exchange from another Federated Hermes fund. The Fund reserves the right to reject any request to purchase or exchange Shares.
New investors must submit a completed New Account Form.
The CRS class offered through this Prospectus are available
for purchase exclusively to shareholders investing through BNY, a financial intermediary, which has entered into an agreement with the
Fund’s Distributor with respect to the CRS class. See “Through A Financial Intermediary” for additional details.”
The above disclosures would be replaced with:
Summary Prospectus “Purchase and Sale of Fund Shares”
and Statutory Prospectus “How is the Fund Sold?”
"The Cash Reserve Shares offered through this Prospectus
are available for purchase exclusively to shareholders investing through The Bank of New York Mellon (BNY), a financial intermediary,
which has entered into an agreement with the Fund’s Distributor with respect to the Cash Reserve Shares. Cash Reserve Shares may
not be purchased directly from the Fund. The Fund has been informed that BNY may employ blockchain technology to maintain a record of
share ownership for their customers on various blockchain-enabled platforms. The Fund and the Cash Reserve Share Class do not themselves
employ blockchain technology.”
Statutory Prospectus “How to Purchase Shares”
“You may purchase Shares or exchange into Shares
from another Federated Hermes fund through BNY. The Fund reserves the right to reject any request to purchase or exchange Shares.
New investors must submit a completed New Account Form. See “Through A Financial Intermediary” for additional details.”
Thank you for your consideration of this clarifying disclosure as
you review the Registrant’s Amendment.
Questions on this letter or requests for additional
information may be directed to me at Kary.Moore@FederatedHermes.com or by phone at
724-720-8533.
Very truly yours,
/s/ Kary A. Moore
Kary A. Moore
Assistant General Counsel
Assistant Secretary of the Registrant