BEARX: Federated Hermes Prudent Bear Fd - MutualFunds.com
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Federated Hermes Prudent Bear A

BEARX - Snapshot

Vitals

  • YTD Return -11.2%
  • 3 Yr Annualized Return -18.5%
  • 5 Yr Annualized Return -16.9%
  • Net Assets $128 M
  • Holdings in Top 10 N/A

52 WEEK LOW AND HIGH

$7.98
$7.98
$11.70

Expenses

OPERATING RELATED FEES

  • Expense Ratio 2.96%

SALES FEES

  • Front Load 5.50%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 247.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $1,500
  • IRA $250

Fund Classification

  • Primary Theme
  • Fund Type Open End Mutual Fund
  • Investment Style Trading--Inverse Equity

Compare BEARX to Popular Inverse Equity Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$10.04

-2.81%

$1.73 B

-

$0.00

-32.61%

1.02%

$15.56

-0.26%

$1.43 B

-

$0.00

-13.24%

0.90%

$12.79

-0.93%

$595.58 M

-

$0.00

-10.69%

1.02%

$9.24

-0.43%

$579.36 M

-

$0.00

-25.02%

0.91%

$18.82

-0.63%

$484.86 M

-

$0.00

219.93%

0.93%

BEARX - Profile

Distributions

  • YTD Total Return -11.2%
  • 3 Yr Annualized Total Return -20.1%
  • 5 Yr Annualized Total Return -17.8%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -1.66%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Federated Hermes Prudent Bear Fd
  • Fund Family Name
    Federated
  • Inception Date
    Dec 28, 1995
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    P. Ryan Bend

Fund Description

The fund pursues its investment objective primarily through short positions in domestically traded equity securities and indices. It holds short-term liquid securities such as money market funds, U.S. Treasury securities, government agency securities or other equity securities for liquidity purposes and to cover its obligation to purchase securities subject to short sales in the future. The fund also seeks capital appreciation through long positions on equity securities which the fund's adviser believes are undervalued.


BEARX - Performance

Return Ranking - Trailing

Period BEARX Return Category Return Low Category Return High Rank in Category (%)
YTD -11.2% -73.1% 678.5% 32.14%
1 Yr -30.5% -99.2% -0.3% 11.43%
3 Yr -18.5%* -81.4% -3.5% 26.32%
5 Yr -16.9%* -78.1% -7.9% 20.31%
10 Yr -15.4%* -66.8% -6.6% 21.95%

* Annualized

Return Ranking - Calendar

Period BEARX Return Category Return Low Category Return High Rank in Category (%)
2020 -22.9% -91.6% 724.7% 36.43%
2019 -20.4% -80.5% 216.6% 15.44%
2018 -6.0% -22.1% 1024.3% 90.77%
2017 -15.8% -75.7% 177.4% 23.62%
2016 -13.4% -84.5% 192.8% 26.02%

Total Return Ranking - Trailing

Period BEARX Return Category Return Low Category Return High Rank in Category (%)
YTD -11.2% -72.0% 673.3% 31.43%
1 Yr -34.4% -99.2% -0.3% 18.57%
3 Yr -20.1%* -81.4% -3.5% 32.33%
5 Yr -17.8%* -78.1% -7.9% 24.22%
10 Yr -15.9%* -66.8% -6.6% 24.39%

* Annualized

Total Return Ranking - Calendar

Period BEARX Return Category Return Low Category Return High Rank in Category (%)
2020 -22.9% -96.0% 724.7% 27.86%
2019 -20.4% -84.0% 186.0% 9.56%
2018 -6.0% -22.1% 48.3% 87.69%
2017 -15.8% -75.7% -0.1% 17.32%
2016 -13.4% -97.6% 146.1% 24.39%

NAV & Total Return History


BEARX - Holdings

Concentration Analysis

BEARX Category Low Category High BEARX % Rank
Net Assets 128 M 282 K 1.73 B 13.29%
Number of Holdings 164 4 790 5.59%
Net Assets in Top 10 -43.5 M -4.86 B 398 M 86.71%
Weighting of Top 10 N/A 5.8% 100.0% 2.20%

Top 10 Holdings

  1. SPDR® S&P 500 ETF Trust 80.19%
  2. United States Treasury Bills 0% 79.40%
  3. Future on S&P 500 PR Dec20 67.33%
  4. Future on S&P 500 PR Dec20 67.33%
  5. Future on S&P 500 PR Dec20 67.33%
  6. Future on S&P 500 PR Dec20 67.33%
  7. Future on S&P 500 PR Dec20 67.33%
  8. Future on S&P 500 PR Dec20 67.33%
  9. Future on S&P 500 PR Dec20 67.33%
  10. Future on S&P 500 PR Dec20 67.33%

Asset Allocation

Weighting Return Low Return High BEARX % Rank
Cash
166.63% -100.21% 400.02% 34.97%
Bonds
79.54% 0.00% 92.83% 2.10%
Other
1.15% -299.51% 71.56% 32.87%
Preferred Stocks
0.00% 0.00% 0.00% 26.57%
Convertible Bonds
0.00% 0.00% 13.37% 49.65%
Stocks
-147.33% -300.02% 200.21% 83.22%

Bond Sector Breakdown

Weighting Return Low Return High BEARX % Rank
Cash & Equivalents
67.73% 2.90% 100.00% 85.40%
Government
32.21% 0.00% 97.10% 11.68%
Corporate
0.06% 0.00% 13.48% 34.31%
Derivative
0.00% 0.00% 12.23% 34.31%
Securitized
0.00% 0.00% 12.55% 34.31%
Municipal
0.00% 0.00% 0.45% 34.31%

Bond Geographic Breakdown

Weighting Return Low Return High BEARX % Rank
US
79.52% -0.11% 92.83% 2.10%
Non US
0.02% 0.00% 26.76% 16.08%

BEARX - Expenses

Operational Fees

BEARX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 2.96% 0.56% 7.81% 20.00%
Management Fee 1.25% 0.35% 1.50% 97.20%
12b-1 Fee 0.00% 0.00% 1.00% 9.52%
Administrative Fee 0.10% 0.03% 0.45% 56.14%

Sales Fees

BEARX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 5.50% 3.75% 5.75% 16.67%
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

BEARX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 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.

BEARX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 247.00% 0.00% 247.00% 98.81%

BEARX - Distributions

Dividend Yield Analysis

BEARX Category Low Category High BEARX % Rank
Dividend Yield 0.00% 0.00% 0.62% 27.97%

Dividend Distribution Analysis

BEARX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Quarterly Annually

Net Income Ratio Analysis

BEARX Category Low Category High BEARX % Rank
Net Income Ratio -1.66% -3.90% 3.61% 74.07%

Capital Gain Distribution Analysis

BEARX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

BEARX - Fund Manager Analysis

Managers

P. Ryan Bend


Start Date

Tenure

Tenure Rank

Dec 08, 2008

12.48

12.5%

Ryan Bend is Vice President of Federated Equity Management Company of Pennsylvania. From June 2004 to December 2008, Mr. Bend served as Research Coordinator and Equity Analyst with David Tice & Associates, Inc. He was a Finance Manager with Rogers Communications, Inc. from July 2000 to July 2002. Mr. Bend has received the Chartered Financial Analyst designation and holds a B.A. in Finance and Economics from the Ivey School of Business at the University of Western Ontario, Canada and an M.B.A. from the Kelley School of Business at Indiana University.

Chad Hudson


Start Date

Tenure

Tenure Rank

May 21, 2009

12.04

12.0%

Hudson has been the Portfolio Manager with Federated since May 2009. He is a Vice President of Federated Equity Management Company of Pennsylvania. From September 1994 to December 2008, he was employed with David Tice & Associates, Inc. where he served at various times as an analyst, trader and assistant portfolio manager.Mr. Hudson has received the Chartered Financial Analyst designation and holds a B.S. in economics from Texas A&M University.

Dana Meissner


Start Date

Tenure

Tenure Rank

Nov 30, 2018

2.5

2.5%

Meissner joined Federated in May 2000 as an Investment Analyst of and became senior investment analyst and assistant vice president in 2003. He was an engineering consultant with AEA Technology Engineering Software from December 1994 through August 1998. Mr. Meissner has received the Chartered Financial Analyst designation and is a member of the CFA Society of Pittsburgh. He received his MSIA from Carnegie Mellon University and M.S. and B.S. in Engineering from the University of Toledo.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 34.11 7.58 3.09