Federated Hermes Floating Rate Strategic Income Fund Class R6 Shares
FFRLX
NASDAQ
| Weiss Ratings | FFRLX-NASDAQ | Click to Compare |
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| Rating | ||||
| Reward Index | Fair | |||
| Reward Grade | C | |||
| Risk Index | Fair | |||
| Risk Grade | C+ | |||
| Company Info | FFRLX-NASDAQ | Click to Compare |
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| Provider | Federated | |||
| Manager/Tenure (Years) | Todd A. Abraham (14), Mark E. Durbiano (14), B. Anthony DelSerone (10), 3 others | |||
| Website | http://www.federatedinvestors.com | |||
| Fund Information | FFRLX-NASDAQ | Click to Compare |
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| Fund Name | Federated Hermes Floating Rate Strategic Income Fund Class R6 Shares | |||
| Category | Bank Loan | |||
| Sub-Category | US Fixed Income | |||
| Prospectus Objective | Income | |||
| Inception Date | Dec 27, 2016 | |||
| Open/Closed To New Investors | Open | |||
| Minimum Initial Investment | 0.00 | |||
| Minimum Subsequent Investment | -- | |||
| Front End Fee | -- | |||
| Back End Fee | -- | |||
| Dividends and Shares | FFRLX-NASDAQ | Click to Compare |
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| Dividend Yield | 6.82% | |||
| Dividend | FFRLX-NASDAQ | Click to Compare |
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| Dividend Yield (Forward) | 0.00% | |||
| Asset Allocation | FFRLX-NASDAQ | Click to Compare |
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| Cash | 0.46% | |||
| Stock | 0.01% | |||
| U.S. Stock | 0.00% | |||
| Non-U.S. Stock | 0.01% | |||
| Bond | 81.82% | |||
| U.S. Bond | 78.03% | |||
| Non-U.S. Bond | 3.79% | |||
| Preferred | 0.00% | |||
| Convertible | 0.00% | |||
| Other Net | 17.71% | |||
| Price History | FFRLX-NASDAQ | Click to Compare |
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| 7-Day Total Return | 0.25% | |||
| 30-Day Total Return | 0.75% | |||
| 60-Day Total Return | 1.58% | |||
| 90-Day Total Return | 2.23% | |||
| Year to Date Total Return | 2.42% | |||
| 1-Year Total Return | 5.96% | |||
| 2-Year Total Return | 15.71% | |||
| 3-Year Total Return | 22.51% | |||
| 5-Year Total Return | 26.30% | |||
| Price | FFRLX-NASDAQ | Click to Compare |
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| 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 | FFRLX-NASDAQ | Click to Compare |
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| Nav | $8.59 | |||
| 1-Month Low NAV | $8.57 | |||
| 1-Month High NAV | $8.59 | |||
| 52-Week Low NAV | $8.46 | |||
| 52-Week Low NAV (Date) | Apr 07, 2025 | |||
| 52-Week High NAV | $8.68 | |||
| 52-Week High Price (Date) | Dec 02, 2024 | |||
| Beta / Standard Deviation | FFRLX-NASDAQ | Click to Compare |
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| Beta | 0.12 | |||
| Standard Deviation | 2.30 | |||
| Balance Sheet | FFRLX-NASDAQ | Click to Compare |
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| Total Assets | 401.07M | |||
| Operating Ratios | FFRLX-NASDAQ | Click to Compare |
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| Expense Ratio | 0.73% | |||
| Turnover Ratio | 13.00% | |||
| Performance | FFRLX-NASDAQ | Click to Compare |
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| Last Bull Market Total Return | 4.29% | |||
| Last Bear Market Total Return | -5.43% | |||