Federated Hermes Floating Rate Strategic Income Fund Class A
FRSAX
NASDAQ
| Weiss Ratings | FRSAX-NASDAQ | Click to Compare |
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| Rating | ||||
| Reward Index | Fair | |||
| Reward Grade | C | |||
| Risk Index | Fair | |||
| Risk Grade | C+ | |||
| Company Info | FRSAX-NASDAQ | Click to Compare |
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| Provider | Federated | |||
| Manager/Tenure (Years) | Mark E. Durbiano (15), Liam C. O'Connell (2), Anthony Venturino (1), 2 others | |||
| Website | http://www.federatedinvestors.com | |||
| Fund Information | FRSAX-NASDAQ | Click to Compare |
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| 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 |
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| Dividend Yield | 5.73% | |||
| Dividend | FRSAX-NASDAQ | Click to Compare |
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| Dividend Yield (Forward) | -- | |||
| Asset Allocation | FRSAX-NASDAQ | Click to Compare |
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| Cash | 0.70% | |||
| Stock | 0.01% | |||
| U.S. Stock | 0.01% | |||
| Non-U.S. Stock | 0.00% | |||
| Bond | 80.90% | |||
| U.S. Bond | 78.69% | |||
| Non-U.S. Bond | 2.21% | |||
| Preferred | 0.00% | |||
| Convertible | 0.00% | |||
| Other Net | 18.38% | |||
| Price History | FRSAX-NASDAQ | Click to Compare |
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| 7-Day Total Return | 0.08% | |||
| 30-Day Total Return | 0.70% | |||
| 60-Day Total Return | -0.12% | |||
| 90-Day Total Return | -0.33% | |||
| Year to Date Total Return | -0.27% | |||
| 1-Year Total Return | 4.64% | |||
| 2-Year Total Return | 10.02% | |||
| 3-Year Total Return | 19.48% | |||
| 5-Year Total Return | 19.35% | |||
| Price | FRSAX-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 | FRSAX-NASDAQ | Click to Compare |
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| Nav | $8.45 | |||
| 1-Month Low NAV | $8.42 | |||
| 1-Month High NAV | $8.47 | |||
| 52-Week Low NAV | $8.42 | |||
| 52-Week Low NAV (Date) | Mar 03, 2026 | |||
| 52-Week High NAV | $8.61 | |||
| 52-Week High Price (Date) | Jul 10, 2025 | |||
| Beta / Standard Deviation | FRSAX-NASDAQ | Click to Compare |
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| Beta | 0.02 | |||
| Standard Deviation | 1.43 | |||
| Balance Sheet | FRSAX-NASDAQ | Click to Compare |
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| Total Assets | 323.89M | |||
| Operating Ratios | FRSAX-NASDAQ | Click to Compare |
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| Expense Ratio | 0.99% | |||
| Turnover Ratio | 13.00% | |||
| Performance | FRSAX-NASDAQ | Click to Compare |
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| Last Bull Market Total Return | 4.13% | |||
| Last Bear Market Total Return | -5.39% | |||