FSTBX: Federated Hermes Global Allocation A

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FSTBX Federated Hermes Global Allocation A


Profile

FSTBX - Profile

Vitals

  • YTD Return -1.5%
  • 3 Yr Annualized Return 1.1%
  • 5 Yr Annualized Return 1.2%
  • Net Assets $371 M
  • Holdings in Top 10 39.7%

52 WEEK LOW AND HIGH

$19.71
$15.17
$20.41

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.35%

SALES FEES

  • Front Load 5.50%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 85.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

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

Fund Classification

  • Primary Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style World Allocation

Distributions

  • YTD Total Return -1.5%
  • 3 Yr Annualized Total Return 3.3%
  • 5 Yr Annualized Total Return 3.2%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.65%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Federated Hermes Global Allocation Fund
  • Fund Family Name
    Federated
  • Inception Date
    Dec 31, 1968
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Timothy Goodger

Fund Description

The fund will invest in a diversified mix of various asset classes, which may include, but are not limited to, equity and fixed-income investments, in any proportion. It will generally allocate a substantial amount of its total assets to non-U.S. investments. The fund will allocate its assets among various regions and countries, including the United States, but in no fewer than three different countries.


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Categories

Performance

FSTBX - Performance

Return Ranking - Trailing

Period FSTBX Return Category Return Low Category Return High Rank in Category (%)
YTD -1.5% -27.6% 7.9% 28.57%
1 Yr 0.8% -25.8% 9.8% 9.16%
3 Yr 1.1%* -13.2% 3.6% 13.11%
5 Yr 1.2%* -9.1% 24.7% 15.60%
10 Yr N/A* -2.2% 13.0% 23.87%

* Annualized

Return Ranking - Calendar

Period FSTBX Return Category Return Low Category Return High Rank in Category (%)
2019 14.9% -10.1% 25.8% 17.32%
2018 -13.5% -24.2% 0.0% 71.20%
2017 15.3% -2.9% 18.5% 10.74%
2016 1.3% -17.0% 209.2% 60.17%
2015 -5.5% -19.9% -0.2% 36.45%

Total Return Ranking - Trailing

Period FSTBX Return Category Return Low Category Return High Rank in Category (%)
YTD -1.5% -27.6% 7.9% 28.57%
1 Yr 0.8% -25.8% 9.8% 9.16%
3 Yr 3.3%* -13.2% 4.3% 10.66%
5 Yr 3.2%* -9.1% 27.7% 11.01%
10 Yr N/A* -2.2% 17.1% 57.66%

* Annualized

Total Return Ranking - Calendar

Period FSTBX Return Category Return Low Category Return High Rank in Category (%)
2019 14.9% -10.1% 25.8% 17.32%
2018 -8.6% -24.2% 0.0% 53.60%
2017 17.1% 0.0% 20.3% 16.53%
2016 3.3% -6.1% 216.9% 54.24%
2015 -4.4% -19.5% 3.5% 67.29%

NAV & Total Return History


Holdings

FSTBX - Holdings

Concentration Analysis

FSTBX Category Low Category High FSTBX % Rank
Net Assets 371 M 4.17 M 7.23 B 54.41%
Number of Holdings 1282 2 2187 7.35%
Net Assets in Top 10 60.1 M 5.27 M 8.83 B 69.85%
Weighting of Top 10 39.72% 10.8% 100.1% 65.08%

Top 10 Holdings

  1. Federated Emerging Markets Core 7.45%
  2. 10 Year Treasury Note Future June 20 7.34%
  3. Euro Bund Future June 20 6.52%
  4. Federated Mortgage Core Portfolio 5.57%
  5. E-mini S&P 500 Futures June20 3.53%
  6. 2 Year Treasury Note Future June 20 3.12%
  7. FTSE 100 Index Future June 20 1.80%
  8. SFE SPI 200 Index Future June20 1.60%
  9. Hang Seng Index Future Apr 20 1.43%
  10. Federated Project and Trade Fin Cor 1.36%

Asset Allocation

Weighting Return Low Return High FSTBX % Rank
Stocks
58.72% 25.05% 78.35% 45.59%
Bonds
29.21% 0.00% 73.17% 72.79%
Other
8.81% -1.68% 71.36% 25.74%
Cash
3.24% -38.15% 4.97% 55.88%
Preferred Stocks
0.03% 0.00% 19.01% 54.41%
Convertible Bonds
0.00% 0.00% 19.30% 95.59%

Stock Sector Breakdown

Weighting Return Low Return High FSTBX % Rank
Financial Services
17.01% 0.00% 24.63% 33.09%
Technology
14.86% 0.57% 26.14% 41.18%
Healthcare
11.73% 0.00% 25.62% 27.94%
Industrials
11.63% 3.26% 18.86% 41.91%
Consumer Cyclical
11.17% 0.00% 14.82% 47.06%
Consumer Defense
8.84% 2.60% 11.64% 33.82%
Communication Services
7.82% 0.00% 14.31% 38.97%
Basic Materials
6.35% 0.35% 15.03% 35.29%
Utilities
4.42% 0.81% 19.66% 42.65%
Real Estate
3.56% 0.00% 55.10% 58.09%
Energy
2.60% 0.47% 16.55% 79.41%

Stock Geographic Breakdown

Weighting Return Low Return High FSTBX % Rank
US
33.88% -2.58% 48.71% 20.59%
Non US
24.84% 1.38% 59.20% 63.97%

Bond Sector Breakdown

Weighting Return Low Return High FSTBX % Rank
Government
56.18% 0.00% 56.18% 4.41%
Corporate
16.78% 0.00% 94.64% 52.94%
Securitized
15.14% 0.00% 33.94% 34.56%
Cash & Equivalents
11.46% 2.63% 100.00% 45.59%
Municipal
0.44% 0.00% 4.32% 19.12%
Derivative
0.00% -0.04% 51.60% 92.65%

Bond Geographic Breakdown

Weighting Return Low Return High FSTBX % Rank
US
23.00% -2.57% 63.30% 61.03%
Non US
6.21% 0.00% 48.29% 80.88%

Expenses

FSTBX - Expenses

Operational Fees

FSTBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.35% 0.01% 3.40% 29.85%
Management Fee 0.69% 0.00% 1.20% 63.24%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.10% 0.00% 0.40% 35.56%

Sales Fees

FSTBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 5.50% 2.50% 5.75% 73.91%
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

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

FSTBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 85.00% 4.00% 147.00% 74.05%

Distributions

FSTBX - Distributions

Dividend Yield Analysis

FSTBX Category Low Category High FSTBX % Rank
Dividend Yield 0.00% 0.00% 16.73% 86.03%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

FSTBX Category Low Category High FSTBX % Rank
Net Income Ratio 1.65% -1.48% 7.22% 65.67%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

FSTBX - Fund Manager Analysis

Managers

Timothy Goodger


Start Date

Tenure

Tenure Rank

Aug 17, 2007

12.88

12.9%

Mr. Goodger joined Federated in July 2005 as a Quantitative Analyst. He became an Assistant Vice President of the Fund's Adviser in January 2007 and a Vice President in March 2009. He became a Senior Portfolio Manager in 2014. From September 2003 to July 2005, Mr. Goodger was a Research Associate for the U.S. Equity Strategy Team at Lehman Brothers. Mr. Goodger earned his B.A. in Economics from the University of California at Davis, his M.A. in International Studies from the University of Washington and his Ph.D. in Economics from the University of North Carolina at Chapel Hill.

Ihab Salib


Start Date

Tenure

Tenure Rank

Dec 31, 2012

7.5

7.5%

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.

Chengjun(Chris) Wu


Start Date

Tenure

Tenure Rank

Apr 08, 2014

6.23

6.2%

Mr. Wu joined Federated in 2006 as a Senior Quantitative Analyst in the domestic fixed income area, focusing on structured products, and in 2010 was appointed Assistant Vice President of the Fund's Adviser. In 2014, after multiple years managing institutional portfolios, he became a Vice President and was appointed Senior Investment Analyst and Portfolio Manager. Before joining Federated, Mr. Wu was a Financial Analyst and Documentation Manager at Quantitative Risk Management, Inc. from 2004 to 2006 and a Lead Software Engineer at Motorola, Inc. from 2000 to 2004. Mr. Wu has received the Chartered Financial Analyst designation, B.S. from Beijing Normal University, M.S. from University of Illinois at Chicago and M.B.A. from the University of Chicago, Graduate School of Business.

Steven Chiavarone


Start Date

Tenure

Tenure Rank

Jan 28, 2016

4.42

4.4%

Mr. Chiavarone joined Federated in November 2007 as a Portfolio Manager Assistant. He became an Assistant Vice President of Federated in March 2014. From 2006 to 2007, Mr. Chiavarone was a Project Analyst at PWM Investments. Mr. Chiavarone has received the Chartered Financial Analyst designation and holds a B.A. in Economics & Political Science from Drew University.

John Sherman


Start Date

Tenure

Tenure Rank

Aug 01, 2017

2.92

2.9%

John F. Sherman, CFA, has been the Fund's Portfolio Manager responsible for asset allocation (including the selection of any exchange-traded funds and derivatives used in the asset allocation process) and the selection of REIT securities for the Fund since October 2002. He is Vice President of the Trust with respect to the Fund. Mr. Sherman joined MDT Advisers in 2000. He has over 20 years of experience analyzing financial markets. Prior to joining the Adviser, Mr. Sherman served as a Vice President and Senior Analyst for Citizens Financial Group from 1999 to 2000 and as a Senior Analyst for FDIC from 1991 to 1999. He is a member of the CFA Institute and the CFA Society Boston. He received a B.S.B.A. from North Adams State College, and an M.B.A. from Boston University Graduate School of Management.

Qun Liu


Start Date

Tenure

Tenure Rank

Jun 15, 2018

2.04

2.0%

Qun Liu, CFA is jointly responsible for the asset allocation and U.S. and non-U.S. security selection of the Fund. She has been with Federated since 2012; has worked in investment management since 2005; and has managed investment portfolios since 2018. Education: B.S., Ocean University of China; M.S., The Ohio State University; M.B.A., University of Chicago, Graduate School of Business.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.17 23.82 4.8 4.17