Federated Hermes Floating Rate Strategic Income Fund Institutional Shares
FFRSX
NASDAQ
| Weiss Ratings | FFRSX-NASDAQ | Click to Compare |
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| Rating | ||||
| Reward Index | Fair | |||
| Reward Grade | C | |||
| Risk Index | Fair | |||
| Risk Grade | C+ | |||
| Company Info | FFRSX-NASDAQ | Click to Compare |
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| Provider | Federated | |||
| Manager/Tenure (Years) | Mark E. Durbiano (15), Liam C. O'Connell (2), Anthony Venturino (2), 2 others | |||
| Website | http://www.federatedinvestors.com | |||
| Fund Information | FFRSX-NASDAQ | Click to Compare |
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| Fund Name | Federated Hermes Floating Rate Strategic Income Fund Institutional Shares | |||
| Category | Bank Loan | |||
| Sub-Category | US Fixed Income | |||
| Prospectus Objective | Income | |||
| Inception Date | Dec 03, 2010 | |||
| 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 | FFRSX-NASDAQ | Click to Compare |
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| Dividend Yield | 5.75% | |||
| Dividend | FFRSX-NASDAQ | Click to Compare |
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| Dividend Yield (Forward) | -- | |||
| Asset Allocation | FFRSX-NASDAQ | Click to Compare |
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| Cash | 0.49% | |||
| Stock | 0.01% | |||
| U.S. Stock | 0.01% | |||
| Non-U.S. Stock | 0.00% | |||
| Bond | 77.06% | |||
| U.S. Bond | 75.32% | |||
| Non-U.S. Bond | 1.74% | |||
| Preferred | 0.00% | |||
| Convertible | 0.00% | |||
| Other Net | 22.44% | |||
| Price History | FFRSX-NASDAQ | Click to Compare |
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| 7-Day Total Return | 0.10% | |||
| 30-Day Total Return | 0.36% | |||
| 60-Day Total Return | 0.60% | |||
| 90-Day Total Return | 1.05% | |||
| Year to Date Total Return | 1.49% | |||
| 1-Year Total Return | 4.02% | |||
| 2-Year Total Return | 10.18% | |||
| 3-Year Total Return | 20.04% | |||
| 5-Year Total Return | 21.38% | |||
| Price | FFRSX-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 | FFRSX-NASDAQ | Click to Compare |
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| Nav | $8.46 | |||
| 1-Month Low NAV | $8.45 | |||
| 1-Month High NAV | $8.47 | |||
| 52-Week Low NAV | $8.42 | |||
| 52-Week Low NAV (Date) | Mar 03, 2026 | |||
| 52-Week High NAV | $8.60 | |||
| 52-Week High Price (Date) | Sep 24, 2025 | |||
| Beta / Standard Deviation | FFRSX-NASDAQ | Click to Compare |
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| Beta | 0.01 | |||
| Standard Deviation | 1.27 | |||
| Balance Sheet | FFRSX-NASDAQ | Click to Compare |
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| Total Assets | 322.78M | |||
| Operating Ratios | FFRSX-NASDAQ | Click to Compare |
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| Expense Ratio | 0.74% | |||
| Turnover Ratio | 5.00% | |||
| Performance | FFRSX-NASDAQ | Click to Compare |
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| Last Bull Market Total Return | 3.90% | |||
| Last Bear Market Total Return | -5.33% | |||