Federated Hermes Adjustable Rate Fund Institutional Shares
FEUNX
NASDAQ
| Weiss Ratings | FEUNX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Rating | ||||
| Reward Index | Fair | |||
| Reward Grade | C | |||
| Risk Index | Fair | |||
| Risk Grade | C+ | |||
| Company Info | FEUNX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Provider | Federated | |||
| Manager/Tenure (Years) | Todd A. Abraham (30), Liam C. O'Connell (8) | |||
| Website | http://www.federatedinvestors.com | |||
| Fund Information | FEUNX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Fund Name | Federated Hermes Adjustable Rate Fund Institutional Shares | |||
| Category | Short Government | |||
| Sub-Category | US Fixed Income | |||
| Prospectus Objective | Government Bond - ARM | |||
| Inception Date | Aug 05, 2019 | |||
| Open/Closed To New Investors | Open | |||
| Minimum Initial Investment | 1,000,000.00 | |||
| Minimum Subsequent Investment | -- | |||
| Front End Fee | -- | |||
| Back End Fee | -- | |||
| Dividends and Shares | FEUNX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Dividend Yield | 4.70% | |||
| Dividend | FEUNX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Dividend Yield (Forward) | -- | |||
| Asset Allocation | FEUNX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Cash | 1.85% | |||
| Stock | 0.00% | |||
| U.S. Stock | 0.00% | |||
| Non-U.S. Stock | 0.00% | |||
| Bond | 98.15% | |||
| U.S. Bond | 98.15% | |||
| Non-U.S. Bond | 0.00% | |||
| Preferred | 0.00% | |||
| Convertible | 0.00% | |||
| Other Net | 0.00% | |||
| Price History | FEUNX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| 7-Day Total Return | -0.27% | |||
| 30-Day Total Return | 0.11% | |||
| 60-Day Total Return | 0.80% | |||
| 90-Day Total Return | 1.27% | |||
| Year to Date Total Return | 0.80% | |||
| 1-Year Total Return | 5.23% | |||
| 2-Year Total Return | 11.87% | |||
| 3-Year Total Return | 17.43% | |||
| 5-Year Total Return | 16.64% | |||
| Price | FEUNX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Closing Price | -- | |||
| 1-Month Low Price | -- | |||
| 1-Month High Price | -- | |||
| 52-Week Low Price | -- | |||
| 52-Week Low Price (Date) | -- | |||
| 52-Week High Price | -- | |||
| 52-Week High Price (Date) | -- | |||
| NAV | FEUNX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Nav | $9.42 | |||
| 1-Month Low NAV | $9.41 | |||
| 1-Month High NAV | $9.42 | |||
| 52-Week Low NAV | $9.31 | |||
| 52-Week Low NAV (Date) | May 21, 2025 | |||
| 52-Week High NAV | $9.42 | |||
| 52-Week High Price (Date) | Mar 02, 2026 | |||
| Beta / Standard Deviation | FEUNX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Beta | 0.18 | |||
| Standard Deviation | 1.13 | |||
| Balance Sheet | FEUNX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Total Assets | 389.31M | |||
| Operating Ratios | FEUNX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Expense Ratio | 0.31% | |||
| Turnover Ratio | 44.00% | |||
| Performance | FEUNX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Last Bull Market Total Return | 4.37% | |||
| Last Bear Market Total Return | -0.32% | |||