Continue to site >
Trending ETFs

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$9.20

$9.46 B

0.72%

$0.07

0.36%

Vitals

YTD Return

-0.2%

1 yr return

1.2%

3 Yr Avg Return

2.2%

5 Yr Avg Return

1.9%

Net Assets

$9.46 B

Holdings in Top 10

18.4%

52 WEEK LOW AND HIGH

$9.2
$9.19
$9.23

Expenses

OPERATING FEES

Expense Ratio 0.36%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 47.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$0

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund

Investment Style

Ultrashort Bond


Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$9.20

$9.46 B

0.72%

$0.07

0.36%

FULLX - Profile

Distributions

  • YTD Total Return -0.2%
  • 3 Yr Annualized Total Return 2.2%
  • 5 Yr Annualized Total Return 1.9%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 1.70%
DIVIDENDS
  • Dividend Yield 0.7%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Federated Hermes Ultra Short Bond Fund
  • Fund Family Name
    Federated
  • Inception Date
    May 29, 2019
  • Shares Outstanding
    N/A
  • Share Class
    Retirement
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Randall Bauer

Fund Description

The fund invests primarily (that is, more than 50%) in investment-grade, fixed-income securities, including but not limited to asset-backed securities and corporate debt securities, but may invest up to 35% of its assets in noninvestment-grade, fixed-income securities. It will invest at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in fixed-income investments.


FULLX - Performance

Return Ranking - Trailing

Period FULLX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.2% -2.0% 2.2% 50.21%
1 Yr 1.2% -0.9% 10.3% 16.05%
3 Yr 2.2%* -0.3% 3.3% 16.23%
5 Yr 1.9%* 0.5% 4.5% 24.75%
10 Yr 1.4%* 0.0% 3.5% 41.86%

* Annualized

Return Ranking - Calendar

Period FULLX Return Category Return Low Category Return High Rank in Category (%)
2020 0.8% -3.1% 1.8% 16.45%
2019 N/A -1.2% 6.1% N/A
2018 N/A -9.4% 0.4% N/A
2017 N/A -2.0% 100.0% N/A
2016 N/A -1.4% 900.0% N/A

Total Return Ranking - Trailing

Period FULLX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.2% -2.0% 2.4% 50.21%
1 Yr 1.2% -5.1% 10.3% 15.23%
3 Yr 2.2%* -0.3% 3.3% 15.35%
5 Yr 1.9%* 0.4% 4.5% 23.27%
10 Yr 1.4%* 0.0% 3.5% 41.86%

* Annualized

Total Return Ranking - Calendar

Period FULLX Return Category Return Low Category Return High Rank in Category (%)
2020 0.8% -3.1% 1.8% 16.45%
2019 N/A -1.2% 6.1% N/A
2018 N/A -51.1% 2.0% N/A
2017 N/A -2.0% 6.1% N/A
2016 N/A -1.4% 900.0% N/A

NAV & Total Return History


FULLX - Holdings

Concentration Analysis

FULLX Category Low Category High FULLX % Rank
Net Assets 9.46 B 24.6 K 21.9 B 16.87%
Number of Holdings 715 1 3144 13.25%
Net Assets in Top 10 915 M -33.6 M 11.4 B 20.88%
Weighting of Top 10 18.35% 0.0% 100.0% 51.82%

Top 10 Holdings

  1. Federated Hermes Inst Prime Val Obl IS 7.81%
  2. Federated Bank Loan Core 2.87%
  3. Us 2yr Note (Cbt) Dec20 Xcbt 20201231 2.43%
  4. Us 2yr Note (Cbt) Dec20 Xcbt 20201231 2.43%
  5. Us 2yr Note (Cbt) Dec20 Xcbt 20201231 2.43%
  6. Us 2yr Note (Cbt) Dec20 Xcbt 20201231 2.43%
  7. Us 2yr Note (Cbt) Dec20 Xcbt 20201231 2.43%
  8. Us 2yr Note (Cbt) Dec20 Xcbt 20201231 2.43%
  9. Us 2yr Note (Cbt) Dec20 Xcbt 20201231 2.43%
  10. Us 2yr Note (Cbt) Dec20 Xcbt 20201231 2.43%

Asset Allocation

Weighting Return Low Return High FULLX % Rank
Bonds
84.63% 0.00% 102.97% 34.94%
Cash
12.19% -6.83% 100.00% 61.45%
Convertible Bonds
3.17% 0.00% 15.40% 35.34%
Stocks
0.01% 0.00% 17.66% 11.24%
Preferred Stocks
0.00% 0.00% 0.00% 51.41%
Other
0.00% -10.49% 16.82% 57.43%

Stock Sector Breakdown

Weighting Return Low Return High FULLX % Rank
Energy
68.21% 0.00% 100.00% 43.75%
Basic Materials
14.40% 0.00% 14.40% 25.00%
Communication Services
11.92% 0.00% 19.32% 43.75%
Consumer Cyclical
5.46% 0.00% 17.15% 56.25%
Utilities
0.00% 0.00% 100.00% 81.25%
Technology
0.00% 0.00% 45.31% 75.00%
Real Estate
0.00% 0.00% 2.59% 62.50%
Industrials
0.00% 0.00% 8.37% 75.00%
Healthcare
0.00% 0.00% 100.00% 81.25%
Financial Services
0.00% 0.00% 100.00% 81.25%
Consumer Defense
0.00% 0.00% 6.20% 75.00%

Stock Geographic Breakdown

Weighting Return Low Return High FULLX % Rank
US
0.01% 0.00% 17.66% 10.44%
Non US
0.00% 0.00% 0.44% 53.01%

Bond Sector Breakdown

Weighting Return Low Return High FULLX % Rank
Securitized
50.45% 0.00% 100.00% 23.69%
Corporate
37.39% 0.00% 99.61% 53.01%
Cash & Equivalents
11.79% 0.00% 100.00% 65.06%
Government
0.33% 0.00% 100.00% 70.28%
Municipal
0.04% 0.00% 66.40% 41.37%
Derivative
0.00% 0.00% 24.33% 56.63%

Bond Geographic Breakdown

Weighting Return Low Return High FULLX % Rank
US
74.81% 0.00% 100.00% 26.51%
Non US
9.82% 0.00% 79.32% 63.86%

FULLX - Expenses

Operational Fees

FULLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.36% 0.03% 1.60% 52.85%
Management Fee 0.30% 0.00% 1.19% 69.48%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.10% 0.01% 0.40% 46.39%

Sales Fees

FULLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.50% 3.75% N/A
Deferred Load N/A 0.25% 5.00% N/A

Trading Fees

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

FULLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 47.00% 0.00% 326.00% 28.57%

FULLX - Distributions

Dividend Yield Analysis

FULLX Category Low Category High FULLX % Rank
Dividend Yield 0.72% 0.00% 0.22% 55.02%

Dividend Distribution Analysis

FULLX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

FULLX Category Low Category High FULLX % Rank
Net Income Ratio 1.70% -0.20% 2.83% 19.83%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

FULLX - Fund Manager Analysis

Managers

Randall Bauer


Start Date

Tenure

Tenure Rank

Oct 31, 1998

22.93

22.9%

Randall S. Bauer, CFA is a Senior Vice President, Senior Portfolio Manager and Head of Structured Products Group for Federated. Mr. Bauer is responsible for management and administration of structured product portfolios, as well as portfolio management of products with investment concentrations in investment-grade and short duration securities. Mr. Bauer has over 34 years of investment experience. Prior to joining Federated, he worked in the Credit Policy and International Banking Divisions at PNC Bank Corp. Mr. Bauer holds a B.A. from the University of Pennsylvania and an M.B.A. in Finance from the Pennsylvania State University. He is a Chartered Financial Analyst.

Nicholas Tripodes


Start Date

Tenure

Tenure Rank

Nov 30, 2017

3.84

3.8%

Mr. Tripodes is responsible for providing research and advice on sector allocation and security selection. He has been with Federated since 1993. He holds a B.S. degree from Carnegie Mellon University and an M.B.A. from University of Pittsburgh.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.01 31.77 5.77 3.5