Federated Hermes Adjustable Rate Fund A Shares
FEUGX
NASDAQ
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Fund Information
Fund Type
Category
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Open/Closed to New Investors
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Cash
Stock
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Non U.S. Stock
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U.S. Bond
Non-U.S. Bond
Preferred
Convertible
Other
Services Offered
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Company Information
Provider
Federated
Manager/Tenure
(Years)
(Years)
Todd A. Abraham (29), Liam C. O'Connell (7)
Address
Federated Investors Funds
Warrendale PA - 15086-7561
Warrendale PA - 15086-7561
Country
United States
Phone Number
800-341-7400
Investment Strategy
The investment seeks to provide current income consistent with minimal volatility of principal. The fund invests at least 65% of the value of its total assets in a professionally managed portfolio of U.S. government securities consisting primarily of adjustable and floating rate mortgage securities which are issued or guaranteed by the U.S. government, its agencies or instrumentalities. It may also invest up to 20% of its assets in fixed-rate, mortgage-backed securities and other fixed-rate securities.