Federated Hermes Floating Rate Strategic Income Fund Institutional Shares
FFRSX
NASDAQ
| Weiss Ratings | FFRSX-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 | FFRSX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Provider | Federated | |||
| Manager/Tenure (Years) | Todd A. Abraham (14), Mark E. Durbiano (14), B. Anthony DelSerone (9), 2 others | |||
| Website | http://www.federatedinvestors.com | |||
| Fund Information | FFRSX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| 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 |
Click to Compare |
Click to Compare |
| Dividend Yield | 7.38% | |||
| Dividend | FFRSX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Dividend Yield (Forward) | 0.00% | |||
| Asset Allocation | FFRSX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Cash | 0.72% | |||
| Stock | 0.01% | |||
| U.S. Stock | 0.00% | |||
| Non-U.S. Stock | 0.01% | |||
| Bond | 83.36% | |||
| U.S. Bond | 75.34% | |||
| Non-U.S. Bond | 8.02% | |||
| Preferred | 0.00% | |||
| Convertible | 0.00% | |||
| Other Net | 15.90% | |||
| Price History | FFRSX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| 7-Day Total Return | -0.03% | |||
| 30-Day Total Return | -0.18% | |||
| 60-Day Total Return | 0.08% | |||
| 90-Day Total Return | 0.66% | |||
| Year to Date Total Return | 0.39% | |||
| 1-Year Total Return | 5.93% | |||
| 2-Year Total Return | 15.86% | |||
| 3-Year Total Return | 14.45% | |||
| 5-Year Total Return | 38.28% | |||
| Price | FFRSX-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 | FFRSX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Nav | $8.58 | |||
| 1-Month Low NAV | $8.58 | |||
| 1-Month High NAV | $8.63 | |||
| 52-Week Low NAV | $8.58 | |||
| 52-Week Low NAV (Date) | Mar 13, 2025 | |||
| 52-Week High NAV | $8.71 | |||
| 52-Week High Price (Date) | May 23, 2024 | |||
| Beta / Standard Deviation | FFRSX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Beta | 0.23 | |||
| Standard Deviation | 3.31 | |||
| Balance Sheet | FFRSX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Total Assets | 417.77M | |||
| Operating Ratios | FFRSX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Expense Ratio | 0.74% | |||
| Turnover Ratio | 6.00% | |||
| Performance | FFRSX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Last Bull Market Total Return | 4.28% | |||
| Last Bear Market Total Return | -5.33% | |||
