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Federated Hermes Short Duration HY ETF FHYS

Morningstar Medalist Rating
Medalist Rating as of | See Federated Hermes Investment Hub

Morningstar’s Analysis FHYS

Will FHYS outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FHYS’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FHYS management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of FHYS’s parent organization’s priorities and whether they’re in line with investors’ interests.

Strength in Federated Hermes Short Duration HY ETF's Process Pillar is partially offset by an Average People Pillar rating, leading to a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a sizable cost advantage over competitors, priced within the least expensive fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings FHYS

More FHYS Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 11.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Federated Hermes Govt Obl Premier

2.51 655,583
Cash and Equivalents

Bank Loan Core

1.74 455,540
—

Wesco Distribution, Inc. 7.125%

1.34 349,988
Corporate

Equitrans Midstream Corporation 6%

1.15 300,035
Corporate

Nabors Industries, Inc. 7.375%

1.14 298,638
Corporate

MEDLINE BORROWER LP 2024 TERM LOAN B

0.98 257,507
Corporate

Solaris Midstream Holdings LLC 7.625%

0.96 252,189
Corporate

CAESARS ENTERTAINMENT INC. 2024 TERM LOAN B1

0.96 250,938
Corporate

SM Energy Co. 6.75%

0.96 250,642
Corporate

Gates Global Llc/Gates Global Co. 6.25%

0.96 250,366
Corporate