Federated Hermes Global Total Return Bond Fund
Name
As of 03/27/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-2.4%
1 yr return
-0.9%
3 Yr Avg Return
-5.3%
5 Yr Avg Return
-1.8%
Net Assets
$18.2 M
Holdings in Top 10
44.5%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 2.73%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 36.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 03/27/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
FGTBX - Profile
Distributions
- YTD Total Return -2.4%
- 3 Yr Annualized Total Return -5.3%
- 5 Yr Annualized Total Return -1.8%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 1.98%
- Dividend Yield 2.5%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameFederated Hermes Global Total Return Bond Fund
-
Fund Family NameFederated Hermes Funds
-
Inception DateDec 16, 2016
-
Shares OutstandingN/A
-
Share ClassInstl
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerIhab Salib
Fund Description
FGTBX - Performance
Return Ranking - Trailing
Period | FGTBX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -2.4% | -59.5% | 0.9% | 47.09% |
1 Yr | -0.9% | -15.5% | 19.7% | 37.50% |
3 Yr | -5.3%* | -4.3% | 4.2% | 56.72% |
5 Yr | -1.8%* | -2.5% | 4.1% | 63.30% |
10 Yr | N/A* | -3.0% | 2.7% | 89.71% |
* Annualized
Return Ranking - Calendar
Period | FGTBX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 1.6% | -15.2% | 0.9% | 30.00% |
2022 | -16.4% | -10.9% | 12.2% | 28.87% |
2021 | -7.2% | -10.8% | 14.8% | 73.44% |
2020 | 7.2% | -15.3% | 0.6% | 38.15% |
2019 | 3.5% | -44.4% | 14.4% | 42.33% |
Total Return Ranking - Trailing
Period | FGTBX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -2.4% | -59.5% | 0.9% | 45.15% |
1 Yr | -0.9% | -16.6% | 30.5% | 33.65% |
3 Yr | -5.3%* | -5.2% | 10.9% | 53.14% |
5 Yr | -1.8%* | -2.8% | 7.4% | 59.79% |
10 Yr | N/A* | -3.0% | 3.6% | 90.06% |
* Annualized
Total Return Ranking - Calendar
Period | FGTBX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 4.0% | -15.2% | 0.9% | 30.00% |
2022 | -16.4% | -10.9% | 12.2% | 28.87% |
2021 | -4.5% | -10.8% | 14.8% | 73.44% |
2020 | 9.1% | -15.3% | 3.8% | 49.71% |
2019 | 5.2% | -44.4% | 14.4% | 50.92% |
NAV & Total Return History
FGTBX - Holdings
Concentration Analysis
FGTBX | Category Low | Category High | FGTBX % Rank | |
---|---|---|---|---|
Net Assets | 18.2 M | 74.5 K | 14.7 B | 90.20% |
Number of Holdings | 146 | 4 | 4562 | 90.52% |
Net Assets in Top 10 | 7.94 M | -112 M | 3.66 B | 63.51% |
Weighting of Top 10 | 44.50% | 4.7% | 100.0% | 23.56% |
Top 10 Holdings
- FEDERATED CORE TR MTG CORE PORTFOLIO 11.57%
- United States Treasury Note/Bond 6.07%
- United States Treasury Note/Bond 4.62%
- China Government Bond 4.17%
- Mexican Bonos 3.79%
- United States Treasury Note/Bond 3.29%
- United States Treasury Note/Bond 2.96%
- Spain Government Bond 2.72%
- UNITED STATES TREASURY NOTE/BOND 2.70%
- Japan Government Thirty Year Bond 2.61%
Asset Allocation
Weighting | Return Low | Return High | FGTBX % Rank | |
---|---|---|---|---|
Bonds | 83.60% | 0.00% | 220.33% | 71.56% |
Stocks | 13.40% | 0.00% | 7.47% | 22.27% |
Cash | 3.16% | -130.07% | 95.62% | 27.49% |
Convertible Bonds | 1.68% | 0.00% | 11.19% | 40.76% |
Preferred Stocks | 0.00% | 0.00% | 2.87% | 46.45% |
Other | -0.16% | -9.71% | 100.00% | 5.69% |
Stock Sector Breakdown
Weighting | Return Low | Return High | FGTBX % Rank | |
---|---|---|---|---|
Financial Services | 65.13% | 0.00% | 100.00% | 30.65% |
Communication Services | 20.42% | 0.00% | 56.19% | 4.84% |
Basic Materials | 14.26% | 0.00% | 100.00% | 19.35% |
Energy | 0.19% | 0.00% | 100.00% | 54.84% |
Utilities | 0.00% | 0.00% | 91.33% | 40.32% |
Technology | 0.00% | 0.00% | 21.64% | 33.87% |
Real Estate | 0.00% | 0.00% | 3.17% | 33.87% |
Industrials | 0.00% | 0.00% | 11.80% | 41.94% |
Healthcare | 0.00% | 0.00% | 9.46% | 40.32% |
Consumer Defense | 0.00% | 0.00% | 34.30% | 38.71% |
Consumer Cyclical | 0.00% | 0.00% | 27.00% | 38.71% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | FGTBX % Rank | |
---|---|---|---|---|
US | 13.40% | 0.00% | 6.55% | 20.85% |
Non US | 0.00% | 0.00% | 1.77% | 13.74% |
Bond Sector Breakdown
Weighting | Return Low | Return High | FGTBX % Rank | |
---|---|---|---|---|
Government | 63.36% | 0.30% | 99.47% | 21.63% |
Corporate | 19.09% | 0.00% | 98.62% | 51.92% |
Securitized | 3.54% | 0.00% | 52.02% | 56.73% |
Cash & Equivalents | 1.80% | 0.00% | 95.62% | 12.98% |
Municipal | 0.00% | 0.00% | 7.95% | 60.10% |
Derivative | -0.16% | 0.00% | 74.77% | 52.40% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | FGTBX % Rank | |
---|---|---|---|---|
Non US | 52.41% | 0.00% | 112.80% | 44.08% |
US | 31.18% | -5.52% | 107.53% | 57.35% |
FGTBX - Expenses
Operational Fees
FGTBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 2.73% | 0.02% | 3.65% | 51.67% |
Management Fee | 0.70% | 0.00% | 2.08% | 90.24% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.45% | 52.94% |
Sales Fees
FGTBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.00% | 5.00% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
FGTBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 2.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
FGTBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 36.00% | 6.00% | 354.00% | 13.02% |
FGTBX - Distributions
Dividend Yield Analysis
FGTBX | Category Low | Category High | FGTBX % Rank | |
---|---|---|---|---|
Dividend Yield | 2.46% | 0.00% | 17.40% | 3.79% |
Dividend Distribution Analysis
FGTBX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | None | Quarterly | Monthly | Monthly |
Net Income Ratio Analysis
FGTBX | Category Low | Category High | FGTBX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.98% | -1.08% | 5.77% | 35.78% |
Capital Gain Distribution Analysis
FGTBX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 27, 2023 | $0.200 | OrdinaryDividend |
Dec 27, 2021 | $0.285 | OrdinaryDividend |
Dec 24, 2020 | $0.188 | OrdinaryDividend |
Dec 24, 2019 | $0.168 | OrdinaryDividend |
Dec 24, 2018 | $0.192 | OrdinaryDividend |
Dec 26, 2017 | $0.034 | OrdinaryDividend |
Dec 23, 2016 | $0.240 | OrdinaryDividend |
FGTBX - Fund Manager Analysis
Managers
Ihab Salib
Start Date
Tenure
Tenure Rank
Jul 01, 2002
19.93
19.9%
Mr. Salib joined Federated in April 1999 as a Senior Fixed Income Trader/Assistant Vice President of the emerging markets affiliated fund's Adviser. In July 2000, he was named a Vice President and in 2007 was named Senior Vice President. From January 1994 through March 1999, Mr. Salib was employed as a Senior Global Fixed Income Analyst with UBS Brinson, Inc. Mr. Salib received his B.A. with a major in Economics from Stony Brook University.
John Sidawi
Start Date
Tenure
Tenure Rank
Jan 31, 2014
8.33
8.3%
Mr. Sidawi joined Federated in 1997 as an Assistant Trader. He has worked in investment management since 1998; has managed investment portfolios since 2014. In 1998 Mr. Sidawi became a Trader and in 1999 a Senior Trader an Assistant Vice President of a Federated advisory subsidiary and in 2002 a Vice President. In 2008 he became Head of International Fixed Income Trading. From 1994 to 1997 he was a Proprietary Trader with Bank of America NTSA and from 1993 to 1994 Mr. Sidawi was an EMS Foreign Exchange Broker with Prebon Yamane Inc. Mr. Sidawi has received a B.B.A. from Hofstra University
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.02 | 28.31 | 6.8 | 3.67 |