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) | Todd A. Abraham (15), Mark E. Durbiano (15), B. Anthony DelSerone (10), 3 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 | 6.39% | |||
| 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 | 0.28% | |||
| Stock | 0.01% | |||
| U.S. Stock | 0.01% | |||
| Non-U.S. Stock | 0.00% | |||
| Bond | 82.96% | |||
| U.S. Bond | 79.56% | |||
| Non-U.S. Bond | 3.40% | |||
| Preferred | 0.00% | |||
| Convertible | 0.00% | |||
| Other Net | 16.75% | |||
| Price History | FFRSX-NASDAQ | Click to Compare |
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| 7-Day Total Return | 0.11% | |||
| 30-Day Total Return | 0.67% | |||
| 60-Day Total Return | 1.01% | |||
| 90-Day Total Return | 1.21% | |||
| Year to Date Total Return | 5.13% | |||
| 1-Year Total Return | 5.39% | |||
| 2-Year Total Return | 13.17% | |||
| 3-Year Total Return | 23.61% | |||
| 5-Year Total Return | 23.08% | |||
| 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 | $8.57 | |||
| 1-Month Low NAV | $8.56 | |||
| 1-Month High NAV | $8.57 | |||
| 52-Week Low NAV | $8.46 | |||
| 52-Week Low NAV (Date) | Apr 07, 2025 | |||
| 52-Week High NAV | $8.65 | |||
| 52-Week High Price (Date) | Jan 06, 2025 | |||
| Beta / Standard Deviation | FFRSX-NASDAQ | Click to Compare |
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| Beta | 0.05 | |||
| Standard Deviation | 1.56 | |||
| Balance Sheet | FFRSX-NASDAQ | Click to Compare |
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| Total Assets | 374.62M | |||
| Operating Ratios | FFRSX-NASDAQ | Click to Compare |
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| Expense Ratio | 0.74% | |||
| Turnover Ratio | 13.00% | |||
| Performance | FFRSX-NASDAQ | Click to Compare |
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| Last Bull Market Total Return | 4.28% | |||
| Last Bear Market Total Return | -5.33% | |||