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Concentration Risk (Tables)
6 Months Ended
Jun. 30, 2025
Risks and Uncertainties [Abstract]  
Schedule of Revenue Concentration
The following table presents Federated Hermes’ significant revenue concentration by asset class:
Three Months EndedSix Months Ended
June 30,June 30,
2025202420252024
Money Market Assets53 %52 %53 %52 %
Equity Assets28 %29 %28 %29 %
Fixed-Income Assets12 %12 %12 %12 %
The following table presents Federated Hermes’ revenue concentration by investment offering strategy:
Three Months EndedSix Months Ended
June 30,June 30,
2025202420252024
Federated Hermes Government Obligations Fund15 %15 %15 %15 %
Federated Hermes Prime Cash Obligations Fund 11 %%11 %%