Federated Hermes Floating Rate Strategic Income Fund Class A
FRSAX
NASDAQ
| Weiss Ratings | FRSAX-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 | FRSAX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Provider | Federated | |||
| Manager/Tenure (Years) | Mark E. Durbiano (15), Liam C. O'Connell (3), Anthony Venturino (2), 2 others | |||
| Website | http://www.federatedinvestors.com | |||
| Fund Information | FRSAX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Fund Name | Federated Hermes Floating Rate Strategic Income Fund Class A | |||
| Category | Bank Loan | |||
| Sub-Category | US Fixed Income | |||
| Prospectus Objective | Income | |||
| Inception Date | Feb 23, 2011 | |||
| Open/Closed To New Investors | Open | |||
| Minimum Initial Investment | 1,500.00 | |||
| Minimum Subsequent Investment | 100.00 | |||
| Front End Fee | 0.01 | |||
| Back End Fee | -- | |||
| Dividends and Shares | FRSAX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Dividend Yield | 5.28% | |||
| Dividend | FRSAX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Dividend Yield (Forward) | -- | |||
| Asset Allocation | FRSAX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Cash | 0.37% | |||
| Stock | 0.02% | |||
| U.S. Stock | 0.02% | |||
| Non-U.S. Stock | 0.00% | |||
| Bond | 81.44% | |||
| U.S. Bond | 78.87% | |||
| Non-U.S. Bond | 2.57% | |||
| Preferred | 0.00% | |||
| Convertible | 0.00% | |||
| Other Net | 18.17% | |||
| Price History | FRSAX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| 7-Day Total Return | -0.28% | |||
| 30-Day Total Return | -0.17% | |||
| 60-Day Total Return | 0.62% | |||
| 90-Day Total Return | 1.17% | |||
| Year to Date Total Return | 2.19% | |||
| 1-Year Total Return | 3.60% | |||
| 2-Year Total Return | 9.38% | |||
| 3-Year Total Return | 17.87% | |||
| 5-Year Total Return | 20.23% | |||
| Price | FRSAX-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 | FRSAX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Nav | $8.44 | |||
| 1-Month Low NAV | $8.44 | |||
| 1-Month High NAV | $8.49 | |||
| 52-Week Low NAV | $8.42 | |||
| 52-Week Low NAV (Date) | Mar 03, 2026 | |||
| 52-Week High NAV | $8.58 | |||
| 52-Week High Price (Date) | Jan 21, 2026 | |||
| Beta / Standard Deviation | FRSAX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Beta | 0.04 | |||
| Standard Deviation | 1.28 | |||
| Balance Sheet | FRSAX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Total Assets | 305.24M | |||
| Operating Ratios | FRSAX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Expense Ratio | 0.99% | |||
| Turnover Ratio | 5.00% | |||
| Performance | FRSAX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Last Bull Market Total Return | 3.68% | |||
| Last Bear Market Total Return | -5.39% | |||